The perfect income-generating opportunity for the savvy investors! Purchase this modern duplex on a full acre in a highly sought-after Madeline Island location! Newly built in 2022, this property is a true blend of contemporary design and practical features, offering endless possibilities for short- or long-term rental income, vacation hosting, or dual-family living. The property comes with additional city water and sewer connections, and zoning allows for multiple dwellings, increasing the potential for growth. Each unit offers an open, airy floor plan with private entrances, luxury vinyl plank flooring, tiled bathrooms with in-floor radiant heat, and modern kitchens featuring stainless appliances and butcher block counters. Bedrooms open to patios through glass doors, filling the space with light and nature views. Gather with family and friends downstairs around the large pine log dining table. The upper unit features beautiful beamed cedar ceilings, a gas fireplace option, and mini-split system for year around comfort. Attention to detail is everywhere, from the high-quality windows and cedar trim to the cedar decks and stairs. The home promotes sustainability and ease of maintenance, with a metal roof and LP smart siding. The house is a turn-key operation, sold with all furnishings for an immediate start to your Island venture. Nestled by the 7th hole of Madeline Island Golf Course, you are a leisurely stroll from downtown’s restaurants, bars, and shops, the public beaches and the marina. Call for a showing today!
For sale
Price cut: $23.4K (5/29)
$475,000
365 Mondamin Tr, La Pointe, WI 54850
2beds
1,500sqft
Single Family Residence
Built in 2022
1 Acres Lot
$462,000 Zestimate®
$317/sqft
$-- HOA
What's special
Gas fireplace optionPrivate entrancesLp smart sidingBeautiful beamed cedar ceilingsMetal roofOpen airy floor planCedar decks and stairs
- 102 days |
- 452 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Elena S Tritchkova-Lamoreaux 715-209-4445,
eXp Realty, LLC- WI
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6124182
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Lower
- Area: 141.75 Square Feet
- Dimensions: 13.5 x 10.5
Bedroom
- Level: Upper
- Area: 141.75 Square Feet
- Dimensions: 13.5 x 10.5
Dining room
- Level: Lower
- Length: 11 Feet
Dining room
- Level: Upper
- Area: 66 Square Feet
- Dimensions: 6 x 11
Kitchen
- Level: Lower
- Area: 110 Square Feet
- Dimensions: 10 x 11
Kitchen
- Level: Upper
- Area: 110 Square Feet
- Dimensions: 10 x 11
Living room
- Level: Lower
- Area: 224 Square Feet
- Dimensions: 16 x 14
Living room
- Level: Upper
- Area: 224 Square Feet
- Dimensions: 16 x 14
Heating
- Boiler, In Floor Heat, Ductless, Propane
Cooling
- Window Unit(s), Ductless
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Second Floor Laundry
Features
- Ceiling Fan(s), Natural Woodwork, Beamed Ceilings
- Flooring: Tiled Floors
- Doors: Patio Door
- Has basement: Yes
- Has fireplace: No
Interior area
- Total interior livable area: 1,500 sqft
- Finished area above ground: 1,500
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Off Street, None
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck, Patio
Lot
- Size: 1 Acres
- Features: Level
Details
- Foundation area: 750
- Parcel number: 014002062173
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Other, Frame/Wood
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- Previously Owned
- Year built: 2022
Utilities & green energy
- Electric: Xcel Energy
- Sewer: Public Sewer
- Water: Shared
- Utilities for property: Fiber Optic
Community & HOA
HOA
- Has HOA: No
Location
- Region: La Pointe
Financial & listing details
- Price per square foot: $317/sqft
- Tax assessed value: $299,800
- Annual tax amount: $5,594
- Date on market: 3/25/2026
- Cumulative days on market: 285 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$462,000
$439,000 - $485,000
$2,126/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Price change | $475,000-4.7%$317/sqft |
Source: | ||
| 3/25/2026 | Listed for sale | $498,400-5.8%$332/sqft |
Source: | ||
| 3/6/2026 | Listing removed | $529,000$353/sqft |
Source: | ||
| 1/5/2026 | Price change | $529,000-5.4%$353/sqft |
Source: | ||
| 9/6/2025 | Listed for sale | $559,000+2136%$373/sqft |
Source: | ||
| 2/15/2013 | Sold | $25,000$17/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,962 +505.5% | $289,600 +727.4% |
| 2023 | $985 +60.9% | $35,000 +47.1% |
| 2022 | $612 +0.4% | $23,800 |
| 2021 | $609 +2.6% | $23,800 |
| 2020 | $594 +4.9% | $23,800 |
| 2019 | $566 +5.8% | $23,800 |
| 2018 | $535 +2.3% | $23,800 |
| 2017 | $523 +0.7% | $23,800 |
| 2016 | $519 +3.7% | $23,800 |
| 2015 | $501 +9.3% | $23,800 -4.8% |
| 2014 | $458 -13.8% | $25,000 -10.7% |
| 2013 | $532 -39.6% | $28,000 -40.2% |
| 2012 | $880 | $46,800 |
| 2011 | -- | $46,800 |
| 2010 | $871 | $46,800 -14.9% |
| 2009 | -- | $55,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 54850
Nearby schools
GreatSchools rating
- NALa Pointe Elementary SchoolGrades: K-6Distance: 1.4 mi
- 5/10Bayfield Middle SchoolGrades: 6-8Distance: 4.2 mi
- 5/10Bayfield High SchoolGrades: 9-12Distance: 4.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Wisconsin
- Ashland County
- Bayfield
- 54850
- 365 Mondamin Tr





