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4789 Lacy Road, Madison, WI, 53711

4beds
3baths
2,220sqft
$599,900
$270price/sqft
$4,193/moest. monthly cost
$167,720/yrincome needed

About This Home

Move-in ready this June! Now easy to show! Built by Alterra Design Homes, this stunning 4-bedroom, 2-story home in the sought-after Terravessa neighborhood offers a perfect blend of style and sustainability. The sun-drenched open floor plan features a gourmet kitchen with a large quartz island, stainless appliances, and a pantry. Gas fireplace and big window for living room, access to oversized deck overlooking the yard. Work from home in the main-level office or use it as flex space. The upper level boasts a primary suite with a custom tile shower and three additional bedrooms. Shared bathroom with double vanity. Need more space? The unfinished lower level is prepped for a future 5th bedroom, family room, and bath. Enjoy a 21st-century lifestyle within walking distance to Forest Edge Elementary and local childcare, shops and more. Photos coming soon. selection upon requrest.

Getting Around

0
WalkingCar-Dependent
14
TransitMinimal Transit
23
BikeSomewhat Bikeable

Schools

7/10
4/10
Oregon Middle SchoolGrades 7-87.1 mi
10/10
Oregon High SchoolGrades 9-125.7 mi

Construction

Condition

  • Property condition: 0-5 Years,New Construction,Under Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Construction materials: Vinyl Siding,Stone

Type & Style

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

Interior

Appliances

  • Appliances included: Range/Oven,Refrigerator,Dishwasher,Microwave,Disposal,Water Softener

Basement

  • Has basement: Yes
  • Basement: Full,Sump Pump,8'+ Ceiling,Concrete

Bathroom

  • Features: Stubbed For Bathroom on Lower,At least 1 Tub,Master Bedroom Bath: Full,Master Bedroom Bath,Master Bedroom Bath: Walk-In Shower

Bedroom2

  • Level: Upper
  • Area: 132

Bedroom3

  • Level: Upper
  • Area: 132

Bedroom4

  • Level: Upper
  • Area: 143

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Walk-In Closet(s),High Speed Internet,Pantry,Kitchen Island
  • Finished area below ground: 0
  • Finished area above ground: 2,220

Heating & Cooling

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

Interior Area

  • Total structure area: 2,220
  • Total interior livable area: 2,220 sqft

Kitchen

  • Level: Main
  • Area: 154

Living Room

  • Level: Main
  • Area: 304

Master Bedroom

  • Level: Upper
  • Area: 208

Office

  • Level: Main
  • Area: 99

Property

Details

  • Parcel number: 060901461722
  • Zoning: T4
  • Exclusions: Washer And Dryer

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Living area range: 2001-2500

Lot

  • Lot size: 4,791 sqft

Parking

  • Total spaces: 2
  • Parking features: 2 Car,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Inland Flooding
Tornado
Heat Wave
Lightning
Strong Wind
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 $3,033$36,396
Home Insurance *$168$2,016
Property Taxes $784$9,408
Electricity $208$2,503
Total$4,193$50,316
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$143,760/yr
40% on housing$125,790/yr
45% on housing$111,813/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: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$270This listing

vs Other Active Listings

Avg $/sqft

ZIP 53711$251
Dane County$251

vs Homes Sold Last Month

Median $/sqft

ZIP 53711$264
Dane County$246

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
2026-04-30Listed for sale$599,900

New Construction

AgentSherry Yu
BrokerageReal Broker LLC

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