Invest today for a future tomorrow! This pristine 40-acre parcel is priced under market and sure to grow in value! Being sold as a life estate, with a 15-year term, this property could be a substantial addition to your real estate portfolio or a future home for your child or grandchild. A level 11.5 acre tillable field on roadside of property, plus a deep 28+ acre woods behind the house great for hunting, hiking, and other recreation. The 2BD 1BA home has maintenance free vinyl siding, wrapped fascia & soffits, vinyl windows, and architectural shingles. Front door enters to cozy kitchen with oak cabinets and the living room has a large patio door that exits to landscaped yard. A corn stove adds supplemental heat and the house is generator ready in the event of a power outage. A large 36 x 48 detached garage with electric is perfect for all your extra toys. Seller will retain exclusive rights to the entire property 15 years or until death, whichever comes first. This is a buy it and forget it investment opportunity that you don’t want to pass up!
Active
$425,000
338 40th St, Clear Lake, WI 54005
2beds
1,212sqft
Est.:
Single Family Residence
Built in 1915
40 Acres Lot
$-- Zestimate®
$351/sqft
$-- HOA
What's special
Vinyl windowsArchitectural shinglesCorn stoveLarge patio door
- 351 days |
- 492 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: April 26, 2025 at 03:18am
Listed by:
Terry R Mante 651-238-9183,
Century 21 Affiliated*
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6709652
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 176 Square Feet
- Dimensions: 11x16
Bedroom 2
- Level: Upper
- Area: 144 Square Feet
- Dimensions: 12x12
Kitchen
- Level: Main
- Area: 252 Square Feet
- Dimensions: 14x18
Laundry
- Level: Main
- Area: 70 Square Feet
- Dimensions: 10x7
Living room
- Level: Main
- Area: 255 Square Feet
- Dimensions: 15x17
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: In Basement, Main Level
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,212
- Total interior livable area: 1,212 sqft
- Finished area above ground: 1,212
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Detached Garage, Gravel
- Garage spaces: 3
- Details: Garage Dimensions (36x48), Garage Door Height (8), Garage Door Width (16)
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1.5
- Pool features: None
Lot
- Size: 40 Acres
- Dimensions: 660 x 2640
- Features: Tillable, Tree Coverage - Heavy
Details
- Foundation area: 888
- Additional parcels included: 018003330000
- Parcel number: 018003360000
- Zoning description: Residential-Single Family
- Wooded area: 1241460
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Asphalt,Pitched
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service, Power Company: Xcel Energy
- Gas: Propane
- Sewer: Private Sewer
- Water: Drilled
Community & HOA
HOA
- Has HOA: No
Location
- Region: Clear Lake
Financial & listing details
- Price per square foot: $351/sqft
- Tax assessed value: $221,700
- Annual tax amount: $3,437
- Date on market: 4/25/2025
- Cumulative days on market: 106 days
Estimated market value
Not available
Estimated sales range
Not available
$1,503/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/25/2025 | Listed for sale | $425,000+372.2%$351/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6709652 Report a problem | ||
| 2/21/2005 | Sold | $90,000$74/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,416 +8.9% | $144,900 +0.2% |
| 2023 | $2,218 +0.4% | $144,600 -0.1% |
| 2022 | $2,208 +0.7% | $144,800 -0.2% |
| 2021 | $2,192 +81.2% | $145,100 |
| 2020 | $1,210 +13.6% | -- |
| 2019 | $1,065 -41.2% | -- |
| 2018 | $1,813 +3.2% | $96,500 |
| 2017 | $1,756 -1.9% | $96,500 +0.1% |
| 2016 | $1,789 -1.3% | $96,400 |
| 2015 | $1,813 -1.2% | $96,400 |
| 2013 | $1,834 +3.6% | $96,400 |
| 2012 | $1,770 +2.5% | $96,400 +0.2% |
| 2011 | $1,726 -4% | $96,200 |
| 2010 | $1,798 +3.5% | $96,200 |
| 2009 | $1,737 | $96,200 |
Find assessor info on the county website
Monthly payment
Est. payment
$2,533/mo
Principal & interest
$2101
Property taxes
$432
More affordability tools
Climate risks
Neighborhood: 54005
Nearby schools
GreatSchools rating
- 8/10Gaylord A Nelson Educ CenterGrades: PK-6Distance: 1.7 mi
- 6/10Clear Lake Junior High SchoolGrades: 7-8Distance: 2 mi
- 6/10Clear Lake High SchoolGrades: 9-12Distance: 2 mi
Local experts in 54005
- Wisconsin
- Polk County
- Clear Lake
- 54005
- 338 40th St
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