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359 W Elm Street, New Auburn, WI, 54757

1beds
3baths
4,334sqft
$399,000
$92price/sqft
$3,023/moest. monthly cost
$120,920/yrincome needed

About This Home

Welcome to a truly unique property in the heart of New Auburn where comfortable living and business opportunity come together beautifully. Offering over 4,000 sq ft of flexible space, this property is ideal for anyone dreaming of living where they work, creating rental income, launching a business, or exploring mixed-use possibilities. The private living quarters offer a warm and inviting retreat featuring a spacious bedroom with a stunning two-way fireplace shared with the tiled spa-like bathroom. Enjoy a huge walk-in shower, relaxing soaking tub, and the cozy ambiance of the fireplace from both spaces. The home continues into a large kitchen and comfortable living area, creating a welcoming space for everyday living or hosting guests. With additional office or retail spaces on both ends of the building, plus multiple bathrooms throughout, there is excellent potential to expand the living area, create additional bedrooms, add guest space, or design the layout to fit your lifestyle and vision. Whether you need more residential space, room for a home-based business, separate rental potential, or multiple income-producing options, this property offers incredible flexibility. The location is equally impressive with excellent visibility and easy access just off U.S. Highway 53 and Main Street, providing convenient access to both Eau Claire and Rice Lake. Snowmobile trails running directly in front of the property add even more appeal for short-term rental or Airbnb potential. Additional features include in-floor heat, forced air, central air conditioning, and an attached heated 1-car garage with workshop space for storage, projects, hobbies, or business needs. Whether you are an entrepreneur, investor, or buyer looking for a one-of-a-kind live/work lifestyle, this property offers endless potential and a rare opportunity you will not want to miss.

Getting Around

21
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

4/10
5/10
New Auburn MiddleGrades 6-80.6 mi
8/10

Construction

Condition

  • Property condition: 0-5 Years
  • Year built: 2022

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: None / Slab,Concrete

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 4,334

Heating & Cooling

  • Heating features: Natural Gas,Forced Air,In-floor
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,334
  • Total interior livable area: 4,334 sqft

Kitchen

  • Level: Main
  • Area: 240

Living Room

  • Level: Main
  • Area: 360

Master Bedroom

  • Level: Main
  • Area: 260

Property

Details

  • Parcel number: 231100211076174004
  • Zoning: Commercial
  • Exclusions: Excluded:hot Tub,Excluded:sellers Personal

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio
  • Living area range: 3501-5000

Lot

  • Lot size: 0.80 Acres
  • Lot size dimensions: 0 x 0 x

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 WaveVery High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Inland Flooding
Lightning
Strong Wind
Tornado
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 $2,017$24,204
Home Insurance *$274$3,288
Property Taxes $325$3,900
Electricity $407$4,887
Total$3,023$36,276
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$103,645/yr
40% on housing$90,690/yr
45% on housing$80,613/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: 10.0%
10.0%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -1.4%
-1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$92This listing

vs Other Active Listings

Avg $/sqft

ZIP 54757$271
Chippewa County$203

vs Homes Sold Last Month

Median $/sqft

ZIP 54757$183
Chippewa County$152

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
2026-07-07Price change$399,000
2026-06-19Listed for sale$465,000

For Sale by Agent

AgentCasey Watters
BrokerageReal Estate Solutions

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