Lake living meets investment opportunity! This 4BR, 3BA lake home on 0.55 acres offers 136' of frontage on Waterstone and short-term rentals (Airbnb/VRBO) are allowed! The custom floor plan features vaulted ceilings with rustic log beams, a stone gas fireplace, and two patio doors leading to a full-length composite deck and stairs to your backyard beach. Both main-floor bedrooms offer walkout patio doors to enjoy your morning coffee overlooking the water. Great location just down the street from a Castle Rock Lake boat launch and around the corner from the clubhouse. Enjoy nearby lakefront dining at Dirty Turtle, Pine Cove and Shipwreck Bay, plus UTV/ATV and snowmobile trails for year-round recreation. Clubhouse amenities include an indoor pool, workout room and new playground. A fantastic opportunity to enjoy lake life while offsetting ownership costs with rental income!
Offer-show
$619,000
W5749 Waterstone Ln, New Lisbon, WI 53950
4beds
3,000sqft
Single Family Residence
Built in 2006
0.55 Acres Lot
$620,500 Zestimate®
$206/sqft
$71/mo HOA
What's special
- --
- on Zillow
- 99
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- saves
Zillow last checked:
Listing updated:
Listed by:
Jennifer Ingiald,
WisconsinLakefront.com, LLC
Source: SCWMLS,MLS#: 2033004
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
Primary bedroom
- Level: Main
- Area: 195
- Dimensions: 15 x 13
Bedroom 2
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Bedroom 3
- Level: Lower
- Area: 276
- Dimensions: 12 x 23
Bedroom 4
- Level: Lower
- Area: 144
- Dimensions: 12 x 12
Kitchen
- Features: Breakfast Bar, Pantry, Range/Oven, Refrigerator, Dishwasher, Microwave, Freezer
- Level: Main
- Area: 270
- Dimensions: 18 x 15
Living room
- Level: Main
- Area: 294
- Dimensions: 21 x 14
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Washer, Dryer
- Laundry: Main Level
Features
- Walk-In Closet(s), Great room, Vaulted Ceiling(s), At Least 1 tub, Split bedrooms, Internet- Fiber available
- Basement: Full,Full Size Windows/Exposed,Walk-Out Access,Finished,8'+ Ceiling
- Number of fireplaces: 2
- Fireplace features: 2 fireplaces, Gas
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
- Finished area above ground: 1,622
Property
Parking
- Total spaces: 2
- Parking features: 2 car, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio
- Exterior features: Sprinkler system
- On waterfront: Yes
- Waterfront features: Waterfront, Lake Front
- Body of water: Waterstone
- Frontage length: Waterfront: 136
Lot
- Size: 0.55 Acres
- Features: Rural-in subdivision
Details
- Parcel number: 290122440.39
- Zoning: PUD/RES
- Special conditions: Restrictions/Covenants
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood Siding, Stone
Condition
- Year built: 2006
Utilities & green energy
- Sewer: Public Sewer
- Water: Well
Community & HOA
Community
- Subdivision: Waterstone
HOA
- Has HOA: Yes
- HOA fee: $850 annually
Location
- Region: New Lisbon
Financial & listing details
- Price per square foot: $206/sqft
- Tax assessed value: $486,200
- Annual tax amount: $6,903
- Date on market: 9/18/2026
- Inclusions: All kitchen appliances, window treatments, washer/dryer, most furnishings and decor
- Exclusions: Seller's personal property, artwork/wall decor
Estimated market value
$620,500
$589,000 - $652,000
$2,629/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Listed for sale | $619,000$206/sqft |
Source: SCWMLS #2033004 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,815 +4.8% | $486,200 |
| 2023 | $7,459 -3% | $486,200 |
| 2022 | $7,687 +13.1% | $486,200 +51.4% |
| 2021 | $6,800 +6.4% | $321,200 |
| 2020 | $6,391 +3.4% | $321,200 |
| 2019 | $6,182 +16.3% | $321,200 |
| 2018 | $5,315 -7.8% | $321,200 |
| 2017 | $5,765 -11.7% | $321,200 |
| 2016 | $6,532 | $321,200 |
| 2015 | $6,532 +24.9% | $321,200 -3.8% |
| 2014 | $5,232 -10.8% | $333,800 |
| 2013 | $5,865 | $333,800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 53950
Nearby schools
Schools provided by the listing agent
- Elementary: New Lisbon
- Middle: New Lisbon
- High: New Lisbon
- District: New Lisbon
Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





