Active

$749,000

W5767 Waterstone Ln, New Lisbon, WI 53950

4beds

3,639sqft

$5,124/mo

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Single Family Residence

Built in 2009

0.55 Acres Lot

$741,000 Zestimate^®

$206/sqft

$71/mo HOA

What's special

Lake living meets investment opportunity! This 4BR (plus huge bonus room loft), 4BA lake home on Waterstone where short-term rentals (Airbnb/VRBO) are allowed! Offered FULLY FURNISHED. This custom built 3-level floor plan features grand vaulted ceilings, a stone gas fireplace, large kitchen and gathering space on main level, walkout lower level family room to your backyard beach, multiple balconies and decks for relaxing over the water, (2) sets washer/dryers - one on main floor and another in lower level. 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!

--: on Zillow
112: views
9: saves

Facts & features

Interior

Bedrooms & bathrooms

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

Primary bedroom

Level: Main
Area: 330
Dimensions: 15 x 22

Bedroom 2

Level: Upper
Area: 210
Dimensions: 14 x 15

Bedroom 3

Level: Upper
Area: 252
Dimensions: 14 x 18

Bedroom 4

Level: Lower
Area: 255
Dimensions: 15 x 17

Family room

Area: 374
Dimensions: 22 x 17

Kitchen

Features: Pantry, Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Microwave, Freezer
Level: Main
Area: 196
Dimensions: 14 x 14

Living room

Level: Main
Area: 437
Dimensions: 23 x 19

Heating

Forced Air, Zoned

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, Bonus Room
Basement: Full,Full Size Windows/Exposed,Walk-Out Access,Finished,8'+ Ceiling
Number of fireplaces: 1
Fireplace features: 1 fireplace, Gas

Interior area

Total structure area: 3,639
Total interior livable area: 3,639 sqft
Finished area above ground: 2,678

Property

Parking

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

Features

Levels: One and One Half
Stories: 1.5
Patio & porch: Deck, Patio, Front Porch
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: 290122440.42
Zoning: PUD/RES
Special conditions: Restrictions/Covenants

Construction

Type & style

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

Materials

Log, Stone, Half Log

Condition

Year built: 2009

Utilities & green energy

Sewer: Non-Municipal/Prvt dispos
Water: Well
Utilities for property: Internet - Fixed wireless

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: $607,300
Annual tax amount: $8,636
Date on market: 10/24/2026
Inclusions: All kitchen appliances, window treatments, washer/dryer, furnishings and decor.
Exclusions: Seller's personal property

Estimated market value

$741,000

$682,000 - $808,000

$2,759/mo

Price history

Date	Event	Price
10/24/2026	Listed for sale	$749,000+87.3%$206/sqft
Source: SCWMLS #2035296 Report a problem
7/31/2015	Sold	$400,000$110/sqft
Source: SCWMLS #1614673 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$9,762 +4.8%	$607,300
2023	$9,317 -3%	$607,300
2022	$9,602 +16.7%	$607,300 +56.3%
2021	$8,226 +6.4%	$388,600
2020	$7,732 +3.4%	$388,600
2019	$7,480 +16.1%	$388,600
2018	$6,443 -7.8%	$388,600
2017	$6,989 -11.6%	$388,600
2016	$7,903	$388,600
2015	$7,903 +31.6%	$388,600 +1.6%
2014	$6,003 -10.8%	$382,400
2013	$6,730	$382,400