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503 Talbot's Woods DRIVE #Lt36, Oconomowoc, WI, 53066

3beds
2baths
2,004sqft
$709,990
$354price/sqft
$4,637/moest. monthly cost
$185,480/yrincome needed

About This Home

Featuring more than 2,000 square feet, this new construction 3 bedroom, 2 bath ranch boasts an impressive open-concept floorplan and modern amenities! Staggered cabinetry in the kitchen complete with crown molding, soft close doors & drawers, solid surface countertop and center island. Vaulted ceiling in the living room with laminate flooring, gas fireplace and surround. Private owner's suite with tray ceiling, walk-in closet and beautiful tile bathroom with dual-sink vanity and walk-in shower. Convenient main floor laundry with cabinet, sink and drywalled locker storage! Lower level basement includes large egress window, high efficiency furnace, 200-amp electrical service, low-maintenance exterior plus a four-car garage (tandem).

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

6/10
Dousman Elementary SchoolGrades PK-50.9 mi
10/10
8/10

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Construction materials: Fiber Cement,Stone,Brick/Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave

Basement

  • Has basement: Yes
  • Basement: Full,Full Size Windows,Concrete,Sump Pump

Bathroom

  • Features: Stubbed For Bathroom on Lower,Tub Only,Ceramic Tile,Master Bedroom Bath: Walk-In Shower,Master Bedroom Bath,Shower Over Tub,Shower Stall

Bedroom2

  • Level: Main
  • Area: 132

Bedroom3

  • Level: Main
  • Area: 132

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 3

Dining Room

  • Level: Main
  • Area: 168

Features

  • Cathedral/vaulted ceiling,Walk-In Closet(s),Kitchen Island
  • Window features: Low Emissivity Windows
  • Finished area above ground: 2,004

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,004
  • Total interior livable area: 2,004 sqft

Kitchen

  • Level: Main
  • Area: 180

Living Room

  • Level: Main
  • Area: 378

Master Bedroom

  • Level: Main
  • Area: 224

Property

Details

  • Parcel number: TBD
  • Zoning: Residential
  • Exclusions: Concrete Driveway,Walkway,Seed/Sod/Landscaping (Not Included)

Features

  • Levels: One
  • Stories: 1
  • Living area range: 2001-2500

Lot

  • Lot size: 0.30 Acres

Parking

  • Total spaces: 4
  • Parking features: Garage Door Opener,Tandem,Attached,4 Car
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Tornado
Heat Wave
Inland Flooding
Ice Storm
Winter Weather

FEMA Declared Disasters Across Wisconsin Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,590$43,080
Home Insurance *$203$2,436
Property Taxes $656$7,872
Electricity $188$2,259
Total$4,637$55,644
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$158,982/yr
40% on housing$139,110/yr
45% on housing$123,653/yr

Wisconsin FAIR Plan Programs

Wisconsin Insurance Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 5,246Commercial: 198
Total Premiums$4.55M
Total Exposure$860.28M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -2.4%
-2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$354This listing

vs Other Active Listings

Avg $/sqft

ZIP 53066$366
Waukesha County$288

vs Homes Sold Last Month

Median $/sqft

ZIP 53066$247
Waukesha County$238

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-01-18Listed for sale$679,990

New Construction

AgentJay Baumgartner
BrokerageKeller Williams Realty-Milwaukee Southwest

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