Active

Price cut: $5K (10/8)

$484,900

5002 Great Gray Dr, Madison, WI 53718

3beds

1,513sqft

$3,961/mo

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Single Family Residence

Built in 2021

0.32 Acres Lot

$481,100 Zestimate^®

$320/sqft

$-- HOA

What's special

Great opportunity to enjoy this well-designed home with an open floor plan and plenty of space to relax and entertain! The living room features vaulted ceilings and a gas fireplace. The kitchen offers quartz countertops, center island, walk-in pantry, and stainless steel appliances. Spacious bedrooms throughout, including a primary suite with vaulted ceiling, walk-in closet, and private bath. Enjoy the wooded backyard from the concrete patio, complete with a 6-foot wood privacy fence. Full basement with partial exposure offers excellent potential for additional living space with insulation and electrical already completed, plus a rough-in for a future bathroom—just add drywall and flooring!

--: on Zillow
542: views
61: saves

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2

Primary bedroom

Level: Main
Area: 143
Dimensions: 13 x 11

Bedroom 2

Level: Main
Area: 110
Dimensions: 11 x 10

Bedroom 3

Level: Main
Area: 81
Dimensions: 9 x 9

Kitchen

Features: Pantry, Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Microwave
Level: Main
Area: 143
Dimensions: 13 x 11

Living room

Level: Main
Area: 240
Dimensions: 16 x 15

Heating

Forced Air

Cooling

Central Air

Appliances

Laundry: Main Level

Features

Walk-In Closet(s), Great room, Vaulted Ceiling(s), At Least 1 tub, Den/Office
Basement: Full,Full Size Windows/Exposed,Sump Pump,Bath/Stubbed,Radon Mitigation System
Number of fireplaces: 1
Fireplace features: 1 fireplace, Gas

Interior area

Total structure area: 1,513
Total interior livable area: 1,513 sqft
Finished area above ground: 1,513

Video & virtual tour

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Property

Parking

Total spaces: 2
Parking features: 2 car, Attached, Garage Door Opener
Attached garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Deck

Lot

Size: 0.32 Acres
Features: Near Public Transit, Sidewalk
Residential vegetation: Wooded

Details

Parcel number: 071027411174
Zoning: res
Special conditions: Restrictions/Covenants

Construction

Type & style

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

Materials

Vinyl Siding, Stone
Foundation: Poured concrete foundatn

Condition

Year built: 2021

Details

Builder name: Phoenix Construction

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Internet - Cable

Community & HOA

Community

Subdivision: Owl's Creek

HOA

Has HOA: Yes

Location

Region: Madison

Financial & listing details

Price per square foot: $320/sqft
Tax assessed value: $472,200
Annual tax amount: $8,809
Date on market: 9/21/2026
Inclusions: Range/Oven, Refrigerator, Dishwasher, Microwave, Water Softener, Washer & Dryer.
Exclusions: Sellers personal property, Outdoor cameras, Basement Tv & mount, Living room TV & Mount, Garage Refrigerator & freezer chest.

Estimated market value

$481,100

$457,000 - $505,000

$2,736/mo

Price history

Date	Event	Price
10/8/2026	Price change	$484,900-1%$320/sqft
Source: SCWMLS #2033110 Report a problem
9/28/2026	Listed for sale	$489,900+16.3%$324/sqft
Source: SCWMLS #2033110 Report a problem
5/5/2022	Sold	$421,100+0.3%$278/sqft
Source: Public Record Report a problem
2/26/2022	Pending sale	$419,900$278/sqft
Source: WIREX MLS #1926526 Report a problem
1/24/2022	Listed for sale	$419,900$278/sqft
Source: WIREX MLS #1926526 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,768 +1.6%	$472,200 +7.1%
2024	$8,631 +1.7%	$440,900 +4.7%
2023	$8,484	$421,100 +233.4%
2022	--	$126,300
2021	--	--
2020	--	--
2019	--	--
2018	--	--
2017	--	--
2016	$947 +15.3%	--
2014	$821	$33,900