Listed at
$425,000
$351/sqft

338 40th Street

338 40th Street, Clear Lake, WI, 54005
2  Bedrooms2  Bathrooms1,212  Square Feet40  Acres
Days on market522
Year built1915
Garage spaces3
TypeResidential
Est. $9,750buyer credit when you buy with SODL
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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

Property typeResidential
Property subtypeSingle Family Residence
Year built1915
LevelsOne and One Half
Living area1,212 sqft
Above-grade finished1,212 sqft
Below-grade finished0 sqft
Lot size40 acres (660x2640)
Days on market522
ListedApr 25, 2025
MLS #NST6709652
CountyPolk
Parcel #018003360000

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

Total bathrooms2
Full baths1
3/4 baths1
Half baths0
1/4 baths0
BasementFull
HeatingForced Air
CoolingCentral Air
AccessibilityNone

Exterior & lot

RoofAsphalt, Pitched
Foundation area888 sqft
Lot featuresTillable, Many Trees
Road frontageTownship
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceDrilled
SewerPrivate Sewer

Parking & garage

ParkingDetached, Gravel
Garage spaces3
Garage size1,728 sqft

Financial details

Annual taxes$3,438
Tax year2024
Taxes w/ assessments3437.9900
Assessment pendingNo
Down payment resourceY
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District number1127
District phone715-263-2114
High schoolClear Lake
SODL flat fee brokerage
$9,750Estimated buyer credit
SODL platform fee $3,000Your buyer credit $9,750

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

$2,662/mo
Principal & interest$2,234
Property taxes$287
Home insurance (est.)$142
%
$85,000
0%50%
Credit score
Loan term

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

MLS #NST6709652
StatusActive
Last updatedApr 26, 2025, 10:18 AM
Originally listedApr 25, 2025, 2:43 PM
Listing officeCentury 21 Affiliated*

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

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.