Active

Price cut: $250K (9/27)

$1,999,000

2894 Waubesa Ave, Madison, WI 53711

4beds

3,421sqft

$14,080/mo

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Single Family Residence

Built in 2026

0.44 Acres Lot

$1,970,900 Zestimate^®

$584/sqft

$-- HOA

What's special

Set along 105' of Lake Waubesa shoreline, this east facing, lake-level property pairs expansive water frontage with a thoughtful, flexible layout designed for both everyday living and lake life. The lower level has full exposure, bringing natural light into the finished living spaces, while two separate living rooms provide room to gather, relax, or spread out. The main-level primary suite adds convenience, complemented by four bedrooms and 3.5 baths, including a Jack-and-Jill bath. Outside, a composite deck with cable railing, illuminated post railings, and lit risers creates an inviting setting for enjoying the waterfront. The massive 3+ car garage is exceptionally tall and well suited for car lifts, with a dedicated stairway leading directly to the basement. Additional storage includes a storm cellar and unfinished wine cellar. With the roof complete, this lakefront home is ready for its next chapter and available for occupancy December 1.

--: on Zillow
806: views
25: saves

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1
Main level bathrooms: 2

Primary bedroom

Level: Main
Area: 255
Dimensions: 17 x 15

Bedroom 2

Level: Lower
Area: 195
Dimensions: 15 x 13

Bedroom 3

Level: Lower
Area: 156
Dimensions: 13 x 12

Bedroom 4

Level: Lower
Area: 156
Dimensions: 13 x 12

Family room

Area: 342
Dimensions: 19 x 18

Kitchen

Features: Breakfast Bar, Pantry, Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
Level: Main
Area: 210
Dimensions: 15 x 14

Living room

Level: Main
Area: 399
Dimensions: 21 x 19

Heating

Forced Air, Zoned

Cooling

Central Air

Appliances

Included: Water Softener Included
Laundry: Main Level

Features

Walk-In Closet(s), Great room, Vaulted Ceiling(s), Split bedrooms, Bonus Room
Windows: Low Emissivity Windows
Basement: Full,Full Size Windows/Exposed,Finished,Sump Pump
Number of fireplaces: 1
Fireplace features: 1 fireplace, Gas

Interior area

Total structure area: 3,421
Total interior livable area: 3,421 sqft
Finished area above ground: 2,038

Property

Parking

Total spaces: 3
Parking features: Additional Parking, Attached, Heated Garage, Garage Door Opener, Access to Basement
Attached garage spaces: 3
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Deck, Patio
On waterfront: Yes
Waterfront features: Waterfront, Lake Front, Dock/Pier, Water ski lake, Boat house
Body of water: Waubesa
Frontage length: Waterfront: 105

Lot

Size: 0.44 Acres
Features: Subject Shoreland Zoning

Details

Parcel number: 061008213371
Zoning: Res

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Vinyl Siding, Wood Siding, Fiber Cement, Other, Stone
Foundation: Poured concrete foundatn

Condition

Year built: 2026

Details

Builder name: Lakeland Builders

Utilities & green energy

Sewer: Public Sewer
Water: Well
Utilities for property: Cable Available

Community & HOA

Community

Subdivision: Waubesa Beach

Location

Region: Madison

Financial & listing details

Price per square foot: $584/sqft
Tax assessed value: $860,800
Annual tax amount: $17,391
Date on market: 8/10/2026
Inclusions: See Builder's Addendum A

Estimated market value

$1,970,900

$1.87M - $2.07M

$4,310/mo

Price history

Date	Event	Price
9/27/2026	Price change	$1,999,000-11.1%$584/sqft
Source: SCWMLS #2030075 Report a problem
8/10/2026	Listed for sale	$2,249,000+164.6%$657/sqft
Source: SCWMLS #2030075 Report a problem
11/15/2025	Listing removed	$849,815$248/sqft
Source: WIREX MLS #2006668 Report a problem
9/15/2025	Price change	$849,815-5.6%$248/sqft
Source: WIREX MLS #2006668 Report a problem
8/15/2025	Listed for sale	$899,815$263/sqft
Source: WIREX MLS #2006668 Report a problem
8/15/2025	Listing removed	$899,815$263/sqft
Source: WIREX MLS #2000343 Report a problem
8/5/2025	Price change	$899,815-5.3%$263/sqft
Source: WIREX MLS #2000343 Report a problem
7/23/2025	Price change	$949,815-2.6%$278/sqft
Source: WIREX MLS #2000343 Report a problem
7/7/2025	Price change	$975,000-2.5%$285/sqft
Source: WIREX MLS #2000343 Report a problem
6/13/2025	Price change	$999,815-9.1%$292/sqft
Source: WIREX MLS #2000343 Report a problem
5/30/2025	Listing removed	$5,000$1/sqft
Source: Zillow Rentals Report a problem
5/21/2025	Listed for sale	$1,100,000$322/sqft
Source: WIREX MLS #2000343 Report a problem
5/9/2025	Listed for rent	$5,000$1/sqft
Source: Zillow Rentals Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$16,085 +2.4%	$860,800
2023	$15,705 +4.5%	$860,800
2022	$15,022 +14.6%	$860,800
2021	$13,109 +7%	$860,800 +54.2%
2020	$12,253 +9.7%	$558,200
2019	$11,168 +0%	$558,200
2018	$11,168 +3.1%	$558,200
2017	$10,837 -1.7%	$558,200
2016	$11,020 +2.5%	$558,200
2015	$10,752 +3.8%	$558,200
2014	$10,359 -18.7%	$558,200
2013	$12,747 +21.2%	$558,200
2012	$10,515 -9.7%	$558,200 -16.1%
2011	$11,640	$665,500 -2.1%
2010	$11,640 -6%	$680,000 +1.8%
2009	$12,384 +5.2%	$668,100
2008	$11,772 -1.4%	$668,100
2007	$11,937 +7.9%	$668,100
2006	$11,060 +48.6%	$668,100
2005	$7,441	$668,100 +146.3%
2004	$7,441 +2.8%	$271,300
2003	$7,239 +6.7%	$271,300
2002	$6,782 +5.5%	$271,300
2001	$6,427 +2.6%	$271,300
2000	$6,264	$271,300