An estate like this comes along once in a generation. 140 gorgeous feet of level Lake Mendota waterfront, in the heart of the Isthmus - a double lot boasting the largest private frontage in downtown Madison. Enjoy sunsets and year-round recreation: boating, swimming, cross-country skiing. Offered for the first time, this home is thoughtfully designed with modern amenities and crafted with exquisite detail and workmanship. From the gracious arches and balustrades modeled after those in the State Capitol, to the steam curled cedar roof, to the soaring reclaimed beams, charming cutouts, hand-plastered stucco, and lighthouse(!), this home exudes charm and Old World elegance. This iconic home is made for gracious living, having hosted President Obama & many other luminaries. Licensee interest.
Sold
Tax assessed value
$3,800,000
1206 Sherman Ave, Madison, WI 53703
5beds
7,496sqft
Single Family Residence
Built in 1999
0.33 Acres Lot
$4,244,600 Zestimate®
$507/sqft
$3,991 Estimated rent
Home value
$4,244,600
$3.78M - $4.84M
$3,991/mo
Zestimate® history
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$20,752/mo
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Zillow last checked:
Listing updated:
Listed by:
Kelda Roys,
OpenHomes Inc.
Bought with:
Yvonne Gern, 46491-94
First Weber Inc
Julia Zehel
First Weber Inc
Source: SCWMLS,MLS#: 1961426
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 221
- Dimensions: 17 x 13
Bedroom 2
- Level: Upper
- Area: 374
- Dimensions: 22 x 17
Bedroom 3
- Level: Upper
- Area: 255
- Dimensions: 17 x 15
Bedroom 4
- Level: Upper
- Area: 874
- Dimensions: 46 x 19
Bedroom 5
- Level: Main
- Area: 195
- Dimensions: 15 x 13
Dining room
- Level: Main
- Area: 117
- Dimensions: 13 x 9
Family room
- Area: 324
- Dimensions: 18 x 18
Kitchen
- Features: Breakfast Bar, Dishwasher, Disposal, Kitchen Island, Pantry, Range/Oven, Refrigerator
- Level: Main
- Area: 306
- Dimensions: 18 x 17
Living room
- Level: Main
- Area: 520
- Dimensions: 26 x 20
Heating
- Forced Air, Zoned
Appliances
- Included: Washer, Dryer
- Laundry: Upper Level
Features
- Walk-In Closet(s), Great room, Vaulted Ceiling(s), At Least 1 tub, Split bedrooms, Internet- Fiber available, Den/Office, Foyer, Loft
- Basement: 8'+ Ceiling,Finished,Full,Full Size Windows/Exposed,Sump Pump
- Number of fireplaces: 1
- Fireplace features: 1 fireplace, Gas
Interior area
- Total structure area: 7,496
- Total interior livable area: 7,496 sqft
- Finished area above ground: 5,496
Property
Parking
- Total spaces: 2
- Parking features: 2 car, Attached, Garage Door Opener
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Screened Porch
- On waterfront: Yes
- Waterfront features: Boat Slip, Dock/Pier, Waterfront, Lake Front, Water ski lake
- Body of water: Mendota
- Frontage length: Waterfront: 140
Lot
- Size: 0.33 Acres
- Dimensions: 110X127.5
- Features: Near Public Transit, Sidewalk, Subject Shoreland Zoning
Details
- Additional structures: Storage
- Parcel number: 070912410118
- Zoning: res
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other,Tudor/Provincial
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Poured concrete foundatn
Condition
- Year built: 1999
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Internet - Cable, Internet - DSL
Green energy
- Energy efficient items: Appliances, Low VOC Materials, Other Green Features
- Construction elements: Recycled Materials
Community & HOA
Community
- Security: Security System, Smart security cameras
Location
- Region: Madison
Financial & listing details
- Price per square foot: $507/sqft
- Tax assessed value: $1,941,900
- Annual tax amount: $38,395
- Date on market: 8/14/2023
- Listing terms: Arms Length
- Inclusions: Range/oven, Refrigerator, Warming Drawer, Dishwasher, Washer/Dryer (2 each), Pier, window coverings
- Exclusions: Personal property
Price history
| Date | Event | Price |
|---|---|---|
| 11/10/2023 | Sold | $3,800,000+65.2%$507/sqft |
Source: Public Record Report a problem | ||
| 8/28/2023 | Sold | $2,300,000-30.3%$307/sqft |
Source: Public Record Report a problem | ||
| 8/19/2023 | Listing removed | $3,300,000$440/sqft |
Source:  WIREX MLS #1961426 Report a problem | ||
| 8/14/2023 | Listed for sale | $3,300,000$440/sqft |
Source: WIREX MLS #1961426 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $74,384 +90.1% | $3,800,000 +95.7% |
| 2023 | $39,126 | $1,941,900 |
| 2022 | -- | $1,941,900 +15% |
| 2021 | -- | $1,688,600 +5% |
| 2020 | -- | $1,608,200 |
| 2019 | $36,139 | $1,608,200 |
| 2018 | $36,139 +6.2% | $1,608,200 +10% |
| 2017 | $34,029 -3.7% | $1,462,000 |
| 2016 | $35,323 +2% | $1,462,000 +2% |
| 2014 | $34,646 -5.4% | $1,433,300 |
| 2013 | $36,608 +5.8% | $1,433,300 |
| 2012 | $34,611 -5.5% | $1,433,300 -10% |
| 2011 | $36,608 +3.5% | $1,592,500 |
| 2010 | $35,355 +8.2% | $1,592,500 |
| 2009 | $32,686 +10.8% | $1,592,500 +5% |
| 2008 | $29,489 -1% | $1,516,700 |
| 2007 | $29,797 -0.3% | $1,516,700 |
| 2006 | $29,882 -5.2% | $1,516,700 |
| 2005 | $31,524 +7.4% | $1,516,700 +15% |
| 2004 | $29,340 +4.6% | $1,318,900 |
| 2003 | $28,047 +8.7% | $1,318,900 +19.9% |
| 2002 | $25,806 -2.8% | $1,100,000 +1.9% |
| 2001 | $26,549 +16.6% | $1,080,000 +20% |
| 2000 | $22,773 | $900,000 |
Find assessor info on the county website
Neighborhood: Tenney-Lapham
Nearby homes
- $1,722,9003 bd2 ba2.2k sqft1212 Sherman Ave, Madison, WI 53703Off Market
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- $2,226,8005 bd4 ba3.6k sqft1220 Sherman Ave, Madison, WI 53703Off Market
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- $1,948,9004 bd3 ba2.9k sqft1154 Sherman Ave, Madison, WI 53703Off Market
Nearby schools
GreatSchools rating
- NALapham Elementary SchoolGrades: PK-2Distance: 0.4 mi
- 8/10O'keeffe Middle SchoolGrades: 6-8Distance: 0.9 mi
- 8/10East High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Lapham/Marquette
- Middle: OKeeffe
- High: East
- District: Madison
Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$4,244,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$4,244,600
- Wisconsin
- Dane County
- Madison
- 53703
- Tenney-Lapham
- 1206 Sherman Ave
