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338 40th Street

Clear Lake, WI 54005

2 beds
2 baths
1,212 sqft
~40 acre lot
$350 per sqft
1915 build
– on site

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!

Listing courtesy of NORTHSTAR / Terry Mante / Century 21 Affiliated*

Last checked: Checking… • Last updated Apr 25, 2025 •

MLS# 6709652 —

The Building

Year Built:

1915
New Construction:

false
Age Of Property:

110
Construction Materials:

Vinyl Siding
Construction Materials Desc:

Frame
Roof:

Asphalt, Pitched
Accessibility Features:

None
Levels:

One and One Half
Main Level Finished Area:

888.0000
Basement:

Full
Basement:

true
Foundation Area:

888
Manufactured Home:

No
Building Area Total:

2100
Above Grade Finished Area:

1212

Interior

Fireplace:

false

Room Dimensions

Living Area:

1212

Location

Directions:

From Clear Lake, East on County Road A to 40th Street. North on 40th Street to property on right.
Latitude:

45.257232
Longitude:

-92.236799

The Property

Parcel Number:

018003360000
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

true
Additional Parcels Description:

018003330000
Lot Features:

Tillable, Many Trees
Lot Size Area:

40
Lot Size Dimensions:

660x2640
Lot Size SqFt:

1742400
Lot Size Units:

Acres
Road Frontage Type:

Township
Road Responsibility:

Public Maintained Road
Cultivated Area:

11.5
Wooded Area:

28.5
Water Source:

Drilled
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

3438
Tax With Assessments:

3437.9900

Beds

Bedrooms Total:

2

Baths

Total Baths:

2
Bath Description:

Main Floor Full Bath
Full Baths:

1
Three Quarter Baths:

1

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Electric:

Circuit Breakers, 200+ Amp Service
Sewer:

Private Sewer

Schools

High School District:

Clear Lake

The Community

Pool Features:

None
Association:

false
Assessment Pending:

No

Parking

Parking Features:

Detached, Gravel
Garage Spaces:

3
Garage Door Height:

8
Garage Door Width:

16
Garage Dimensions:

36x48
Garage SqFt:

1728

Monthly cost estimate

Asking price

$425,000

Expense	Monthly cost
Mortgage	$2,275
Taxes	$286
Insurance	$116
Utilities	$192 See report
Total	$2,869/mo.^*
	^*This is an estimate

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Walk Score®

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Bike Score®

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Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/25/25 Apr 25, 2025	Listed / Active	NORTHSTAR	$425,000

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This house located in Clear Lake, WI 54005 is currently for sale for $425,000. 338 40th Street is a 1,212 square foot house with 2 beds and 2 baths that has been on Estately for 0 days.

Listing Courtesy of: NORTHSTAR and Century 21 Affiliated*.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.