Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    W3970 Boaters Dream Drive Mauston, WI 53948

    View on Map
    Claim this Listing
    New
    For Sale
    $339,750

    Rural - Mauston, WI

    Lot size:
    3.02 Acres
    Added:
    May 3, 2026
    Days on Market:
    2
    Last Refresh:
    May 4 at 9:06 am

    Property Features for W3970 Boaters Dream Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Resid
    Vegetation
    Wooded
    Exterior features
    Boat Slip, Wooded, None
    Dock
    1
    Standard status
    Active
    APN
    290122263.039
    Lot size
    3.02 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    2255
    Expense value
    600
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Utilities

    Water front features
    Lake, Water Ski Lake, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kim Connors-Johnson

    Listing agent Kim Connors-Johnson

    Listing office Castle Rock Realty LLC 104 W State St. (CC), Mauston, WI

    Listing date May 3, 2026

    MLS# 2016237 Listing URL

    Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Land on Castle Rock

    This 3.02-acre waterfront vacant lot is located in Glacier Point on Castle Rock Lake, offering 151 feet of frontage. The property provides access to boating, fishing, and swimming directly from the shoreline. Situated within a development, the location offers access to ATV and snowmobile trails, hunting, and hiking. This property is suitable for a custom vacation home or full-time residence, offering a lake lifestyle in Central Wisconsin.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Mauston
    County
    Juneau
    State
    Wisconsin
    Longitude
    -90.0517
    Latitude
    43.7786

    Nearby Similar for Sale

    • $360,000
      1,176 SF

      Secluded Farmhouse with Recreational Opportunities

      10-acre hobby farm near Castle Rock Lake and Wisconsin River.
      W4478 49th Street, Mauston, WI 53948
      View Details
    • $629,900
      2,297 SF

      Farm with Dirt Bike Track

      Three-bedroom farm on 57+ acres with modern updates.
      N4691 County Road HH, Mauston, WI 53948
      View Details
    • $239,900

      Commercial Property in Growing Mauston

      Commercial property with remodeled exterior and customizable interior in Mauston.
      190 Prospect Avenue, Mauston, WI 53948
      View Details
    • $1,200,000

      Turnkey Restaurant Opportunity in Mauston

      Fully equipped restaurant near I-90/94, ready for new owner.
      532 Gateway Avenue, Mauston, WI 53948
      View Details
    • $207,000

      Mauston Duplex with Spacious Yard

      Two-unit duplex in central Mauston with detached garage.
      314 W State Street, Mauston, WI 53948
      View Details
    • $449,900

      Two Houses on One Lot

      Two updated, fully furnished homes with river access near attractions.
      W3404 County Road HH, Mauston, WI 53948
      View Details
    • $1,800,000

      Mauston Industrial Facility For Sale

      44,184 SF industrial facility in Mauston's Industrial Park.
      1011 Veterans Street, Mauston, WI 53948
      View Details
    • $59,900

      Wooded Lot Near Castle Rock Lake

      Wooded 0.93-acre lot near Castle Rock Lake in Mauston, WI.
      N7109 Timber Ridge Lane, Mauston, WI 53948
      View Details
    • $59,900

      Wooded Lot Near Castle Rock Lake

      One-acre wooded lot near Castle Rock Lake in Mauston, Wisconsin.
      N7137 Timber Ridge Lane, Mauston, WI 53948
      View Details
    • $59,900

      Wooded Lot Near Castle Rock Lake

      One-acre wooded lot near Castle Rock Lake, Wisconsin.
      N7123 Timber Ridge Lane, Mauston, WI 53948
      View Details
    • $149,900

      Versatile 1.6 Acre Development Opportunity

      Mixed-use development land with high visibility and income potential.
      1.6 Acres Prospect and Lincoln Street, Mauston, WI 53948
      View Details
    • $850,000

      Established Business in Prime Location

      Multi-generational business for sale with expansion potential on 2+ acres.
      Confidential, Mauston, WI 53948
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - 3-acre waterfront lot on Castle Rock Lake with 151' frontage.
    Where is this waterfront land located?
    The property is located at W3970 Boaters Dream Drive Mauston, WI.
    What is the asking price?
    The asking price for this property is $339,750.
    What are key features of this property?
    This property features: 3‑acre waterfront lot on Castle Rock Lake, Wisconsin's 4th largest lake.; Boasting 151' of lake frontage with direct access to boating, fishing, and swimming.; Located in the desirable Glacier Point development.
    (608) 547-5461
    We can help!
    Listing Contact
    Kim Connors-Johnson
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    W3970 Boaters Dream Drive, Mauston, WI 53948

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!