Listed by Mike Schmidtke • Stark Company, REALTORS (Pref: 608-345-5911).
For sale
$399,900
Est. $2,712/mo —
4
bd
•
3.5 ba
•
—
sq ft
2114-2116 Lake Point Dr, Madison, WI 53713
About this home
Public Remarks: Great Investment or Owner-Occupant Opportunity in a Prime Madison Location! This solid-built duplex features two units, each offering 2 bedrooms, 1.5 bathrooms, spacious living areas, and ample storage space. Enjoy easy access to the mature, extra-large fenced backyard, perfect for summer entertaining, outdoor activities, or letting the dog out. Conveniently located with quick access to the Beltline, this property sits in a desirable neighborhood just one block from Lake Monona. Residents can enjoy nearby bike paths, parks, restaurants, shopping, and all the amenities that make this area so attractive. Newer vinyl siding, and unit 2116 was recently refreshed. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property offers an excellent opportunity.
Waunona, located between Lake Monona and the Beltline (US-12/18), is a lakeside and residential Madison neighborhood with a shoreline feel and a tucked-away street grid. The neighborhood’s character concentrates around the Waunona Way–Winnequah Road area, where boat traffic, walkers, and lake views set the daily rhythm. Mid-century ranches and compact cottages sit on quiet blocks that slope toward the water. The Lake Monona shoreline and nearby parks shape an outdoors-forward routine. The Goodman Community Center and the historic Barrymore Theatre in nearby Atwood anchor local culture beyond the lake. A short hop north, the Olbrich Botanical Gardens adds a greenhouse-and-gardens counterpoint to the shoreline scenery.
Provided by Walk Score and Local Logic
Offer insights
2114-2116 Lake Point Dr · $399,900
$402K and above
75% chance or better to win
Why $402K+ is a strong offer
DAYS ON MARKET
13 days
The average home goes pending in 28 days.
SALE-TO-LIST
98.4%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Water softener
High-speed internet
Full, partially finished poured concrete basement
Bedrooms
Unit 1: 2 bedrooms
Unit 2: 2 bedrooms (master and second bedroom on upper level)
Bathrooms
Unit 1: 1 full bath and 1 half bath
Unit 2: 2 full baths
Kitchen
Unit 2 kitchen on main level
Laundry & utility
Washer and dryer included
Separate electric meters
Separate gas meters
Heating & cooling
Radiant electric heating
Natural gas fuel
2 air conditioners included
Exterior features
Fenced yard
Vinyl exterior
Level lot (0.32 acre)
Home design
Multi-family duplex (side-by-side)
1–2 stories
Parking
2 outdoor parking spaces
1-car garage (1 garage parking space)
Construction
Vinyl siding
Utilities
Municipal water
Municipal sewer
Separate electric meters
Separate gas meters
Financial info
Property listed as multi-family with 2 units
Improvement value noted in records
Other
Inclusions: 2 range/ovens, 2 refrigerators, 2 air conditioners, washer, dryer
Exclusions: seller and tenant personal property
Electricity and solar
View estimated energy costs and solar savings for this home
The TR-V Districts are established to stabilize, protect and encourage throughout the City the essential characteristics of mature residential areas and to accommodate a full range of life-cycle housing while encouraging a suitable environment for family life. The districts are also intended to: Promote the preservation, development and redevelopment of traditional residential neighborhoods in a manner consistent with their distinct form and residential character; Ensure that new buildings and additions to existing buildings are designed with sensitivity to their context in terms of building placement, facade width, height and proportions, garage and driveway placement, landscaping, and similar design features; Maintain and improve the viability of existing housing of all types, while providing for updating of older housing in a context-sensitive manner; Maintain or increase compatibility between residential and other allowed uses, and between different housing types, where permitted, by maintaining consistent building orientation and parking placement and screening; Facilitate the preservation, development or redevelopment goals of the comprehensive plan and of adopted neighborhood, corridor or special area plans.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Retail-Grocery
Housing-Group
Housing-Single unit
Housing-Multiple units
Fire house
Police station
Communications tower
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 99° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Madison, WI • 53713
Average low and high temperatures (°F)
26
12
34
19
51
32
60
42
69
49
79
62
82
67
79
64
77
58
65
48
47
35
32
19
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2114-2116 Lake Point Dr
$397,429
$2,471 under list price of $400K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $380K to $480K.