338 40th Street
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About this home
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!
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Home facts
Facts & features
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Bath breakdown
- 1 full / 1 3/4
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Full · 0 sqft finished
Property
- Levels / stories
- One and One Half
- Garage
- 3 spaces · 36x48 · 1,728 sqft
- Parking features
- Detached, Gravel
- Pool
- None
- Lot size
- 40 acres
- Lot dimensions
- 660x2640
Construction
- Property type
- Residential
- Property subtype
- Single Family Residence
- Construction materials
- Vinyl Siding
- Foundation
- 888 sqft
- Roof
- Asphalt, Pitched
- Year built
- 1915
Utilities
- Water
- Drilled
- Sewer
- Private Sewer
- Electric
- Circuit Breakers, 200+ Amp Service
Community & HOA
- HOA
- No HOA
- School district
- Clear Lake
Financial & listing details
- Annual tax
- $3,438 (2024)
- Tax with assessments
- 3437.9900
- Listed
- Apr 25, 2025
- Days on market
- 522 · 1 cumulative
Interior details
Exterior & lot
Utilities
Parking & garage
Financial details
Schools
How SODL buyer credits work
When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.
- Tour homes with SODL’s flexible showing network
- Submit offers and manage your transaction through the platform
- Keep more money at closing through transparent flat-fee pricing
A clear, modern way to buy with expert guidance and meaningful savings.
Estimated monthly payment
These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.
Location
338 40th Street, Clear Lake, WI, 54005
Listing information
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
