3048 Waunona Way, Madison, WI, 53713
About This Home
Lakefront living at an affordable price! New roof 2023. New Flooring 2025. Enjoy fishing, kayaking, and swimming from your own backyard on beautiful Lake Monona. This 4-bed, 2-bath home (approx. 1,800 sq ft) sits on a spacious 0.5-acre lot with 100 ft of private shoreline. The large, flat backyard is perfect for entertaining, and the fenced front yard offers added privacy. Attached 2-car garage for convenience. Ideally located just minutes from UW Hospital, UW Campus, and the VA Hospital, with easy Beltline access and a quick commute to EPIC. Don?t miss this rare opportunity for lakefront living in a prime Madison location!
Getting Around
Car-Dependent
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: 21+ Years
- Year built: 1951
Materials
- Construction materials: Vinyl Siding,Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range/Oven,Refrigerator,Dishwasher,Disposal
Basement
- Basement: None / Slab
Bathroom
- Features: At least 1 Tub,No Master Bedroom Bath
Bedroom2
- Level: Main
- Area: 154
Bedroom3
- Level: Main
- Area: 108
Bedroom4
- Level: Main
- Area: 135
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 4
Dining Room
- Level: Main
- Area: 160
Features
- Walk-In Closet(s),Cathedral/vaulted ceiling,Breakfast Bar,Pantry
- Finished area below ground: 0
- Finished area above ground: 1,784
Heating
- Heating features: Natural Gas,Radiant
Interior Area
- Total structure area: 1,784
- Total interior livable area: 1,784 sqft
Kitchen
- Level: Main
- Area: 108
Living Room
- Level: Main
- Area: 264
Master Bedroom
- Level: Main
- Area: 240
Property
Details
- Parcel number: 071030201041
- Zoning: Res
- Exclusions: Sellers/Tenants Personal Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- On waterfront: Yes
- Waterfront features: Waterfront,Lake,Dock/Pier,Water Ski Lake
- Living area range: 1751-2000
Lot
- Lot size: 0.49 Acres
- Lot size dimensions: 100 x 212.45
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
- Hail
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Wisconsin Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,548 | $78,576 |
| Home Insurance * | $453 | $5,436 |
| Property Taxes | $2,067 | $24,804 |
| Electricity | $171 | $2,054 |
| Total | $9,239 | $110,868 |
Income You'd Need if You Spent...
Wisconsin FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-02 | Listing removed | $4,680 |
| 2026-04-24 | Listed for sale | $1,398,500 |
| 2026-04-20 | Listed for rent | $4,680 |
| 2025-06-12 | Listing removed | $3,980 |
| 2025-06-08 | Listed for sale | $1,258,500 |
| 2025-04-27 | Listed for rent | $3,980 |
| 2024-05-21 | Listing removed | -- |
| 2024-05-18 | Listed for rent | $3,980 |
| 2023-03-26 | Listing removed | -- |
| 2023-03-21 | Listed for rent | $2,980 |
| 2022-08-21 | Listing removed | -- |
| 2022-08-14 | Listed for rent | $2,680 |
| 2022-08-02 | Listing removed | -- |
| 2022-06-16 | Listed for rent | $3,580 |
| 2021-03-24 | Listing removed | -- |
| 2018-02-17 | Listing removed | $2,300 |
| 2017-10-26 | Listed for rent | $2,300 |
| 2017-09-18 | Listing removed | $2,300 |
| 2017-09-10 | Price change | $2,300 |
| 2017-07-11 | Price change | $2,600 |
| 2017-05-30 | Price change | $2,400 |
| 2017-05-08 | Listed for rent | $2,500 |
| 2016-09-26 | Sold | $370,000 |
| 2016-08-12 | Listed for sale | $399,900 |
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