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    • $495,000

    5383 Mariners Cove Dr Unit 405, Madison, WI 53704

    3beds
    2,379sqft
    Condominium
    Built in 1992
    -- sqft lot
    $488,900 Zestimate®
    $208/sqft
    $2,802 Estimated rent

    Home value

    $488,900

    $464,000 - $513,000

    $2,802/mo

    Zestimate® history

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    What's special

    Experience refined waterfront living in this exquisitely renovated first-floor, zero-entry residence with captivating views of the channel leading to Lake Mendota. Offering 3 bedrooms and 2 beautifully appointed baths, this exceptional home showcases sophisticated finishes, abundant natural light, and an open, thoughtfully designed floor plan ideal for both everyday living and effortless entertaining. The sun-filled four-season room provides a tranquil retreat, while the spectacular entertainment lounge features a custom bar, wine and 2nd refrigerator, surround sound, and a professionally installed Murphy bed for seamless guest accommodations. A private boat slip offers direct access to the pristine waters of Lake Mendota, placing boating, paddleboarding, fishing, and sunset cruises just steps from your door. Residents enjoy an unmatched collection of resort-style amenities, including indoor and outdoor pools, 2 hot tubs, Sauna, Gym, tennis and pickleball court

    Zillow last checked:

    Listing updated:

    Listed by:

    Ian Olson,

    Century 21 Affiliated

    Bought with:

    Ben Allen, 57665-90

    Vanguard Real Estate LLC

    Source: SCWMLS,MLS#: 2029245

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 270
    • Dimensions: 18 x 15
    Bedroom 2
    • Level: Main
    • Area: 168
    • Dimensions: 14 x 12
    Bedroom 3
    • Level: Main
    • Area: 234
    • Dimensions: 18 x 13
    Kitchen
    • Features: Breakfast Bar, Pantry, Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
    • Level: Main
    • Area: 234
    • Dimensions: 18 x 13
    Living room
    • Level: Main
    • Area: 270
    • Dimensions: 18 x 15
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Washer, Dryer, Bar Fridge
    • Laundry: Main Level
    Features
    • Jetted bathtub, Wet Bar, Ceiling Fan(s), Primary Bath, Sun Room
    • Flooring: Wood or sim. wood floors
    • Basement: None
    • Has fireplace: Yes
    • Fireplace features: Gas
    Interior area
    • Total structure area: 2,379
    • Total interior livable area: 2,379 sqft
    • Finished area above ground: 2,379

    Property

    Parking
    • Total spaces: 1
    • Parking features: 1 car Garage, Detached
    • Garage spaces: 1
    Features
    • Patio & porch: Patio
    • Exterior features: Private Entrance
    • Pool features: Community Indoor Pool, Community Outdoor Pool
    • Spa features: Community
    • On waterfront: Yes
    • Waterfront features: Waterfront, Water ski lake, Channel, Dock/Pier
    • Body of water: MENDOTA
    Details
    • Parcel number: 080922472975
    • Zoning: RES

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Wood Siding, Brick
    Condition
    • Year built: 1992

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: Appliances

    Community & HOA

    Community
    • Features: Clubhouse, Tennis Court(s), Common Green Space, Fitness Center, Close to busline, Elevator, Boatslip/Pier
    • Security: Carbon Monoxide Detector(s)
    HOA
    • Has HOA: Yes
    • Amenities included: Parking, Recreation Facilities
    • Services included: Trash, Snow Removal, Common area maintenance, Common area insurance, Reserve fund, Lawn maintenance
    • HOA fee: $650 monthly
    Location
    • Region: Madison

    Financial & listing details

    • Price per square foot: $208/sqft
    • Tax assessed value: $334,100
    • Annual tax amount: $4,375
    • Date on market: 7/30/2026
    • Listing terms: Arms Length
    • Inclusions: REFRIGERATOR, RANGE/OVEN, MICROWAVE, DISPOSAL, DISHWASHER, WASHER/DRYER, ALL WINDOW COVERINGS/BLINDS, GARAGE DOOR OPENER, GARAGE SHELVING, SECOND REFRIGERATOR, BEVERAGE REFRIGERATOR, MURPHY BED, SURROUND SOUND SPEAKERS,
    • Exclusions: SELLER'S PERSONAL ITEMS

    Price history

    DateEventPrice
    10/2/2026Sold$495,000-1%$208/sqft
    Source: SCWMLS #2029245 Report a problem
    9/24/2026Pending sale$499,900$210/sqft
    Source: SCWMLS #2029245 Report a problem
    7/30/2026Listed for sale$499,900-5.5%$210/sqft
    Source: SCWMLS #2029245 Report a problem
    7/30/2026Listing removed$529,000$222/sqft
    Source: SCWMLS #2023477 Report a problem
    5/30/2026Listed for sale$529,000+120.4%$222/sqft
    Source: WIREX MLS #2023477 Report a problem
    6/30/2020Sold$240,000-36.8%$101/sqft
    Source: SCWMLS #1883637 Report a problem
    5/19/2020Listed for sale$379,900+54.4%$160/sqft
    Source: MHB Real Estate #1883637 Report a problem
    4/8/2016Sold$246,000-15.1%$103/sqft
    Source: Public Record Report a problem
    9/16/2015Listing removed$289,900$122/sqft
    Source: Bunbury & Assoc, REALTORS #1737601 Report a problem
    2/25/2015Listed for sale$289,900$122/sqft
    Source: Bunbury & Assoc REALTORS #1737601 Report a problem
    12/20/2014Listing removed$289,900$122/sqft
    Source: Stark Company Realtors #1720518 Report a problem
    7/1/2014Listed for sale$289,900$122/sqft
    Source: Stark Company Realtors #1720518 Report a problem
    12/25/2013Listing removed$289,900$122/sqft
    Source: Stark Company Realtors #1691890 Report a problem
    7/23/2013Listed for sale$289,900+16.4%$122/sqft
    Source: Stark Company Realtors #1691890 Report a problem
    9/5/2012Listing removed$249,000$105/sqft
    Source: Stark Company Realtors #1621945 Report a problem
    4/15/2011Listed for sale$249,000$105/sqft
    Source: Stark Company Realtors #1621945 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,919 -10.4%$334,100 +29.6%
    2024$4,375 -1.9%$257,700
    2023$4,460 +9.5%$257,700
    2022$4,073 +3.5%$257,700
    2021$3,935 +4.7%$257,700
    2020$3,757 +24.7%$257,700
    2019$3,014 0%$257,700 +42%
    2018$3,014 +0.4%$181,500
    2017$3,001 +1.3%$181,500
    2016$2,963 +1.3%$181,500
    2015$2,926 +3.7%$181,500
    2014$2,821 -13.6%$181,500
    2013$3,264 -7.3%$181,500 -10.1%
    2012$3,520 +10.1%$201,900
    2011$3,196 $201,900
    2010$3,196 -17.2%$201,900 -20.5%
    2009$3,859 +5.8%$254,100
    2008$3,647 +7%$254,100 +22.2%
    2007$3,409 +1.1%$208,000
    2006$3,371 +9.8%$208,000
    2005$3,070 $208,000
    2004$3,070 +2.2%$208,000 +24.7%
    2003$3,003 +1.8%$166,800
    2002$2,951 +10.1%$166,800
    2001$2,679 -1.6%$166,800
    2000$2,724 $166,800
    Find assessor info on the county website

    Neighborhood: 53704

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Arboretum
    • Middle: Waunakee
    • High: Waunakee
    • District: Waunakee

    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

    $488,900

    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

    $488,900

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