4880 Otteson Lane #1-36, Eau Claire, WI 54701
Local realty services provided by:Better Homes and Gardens Real Estate Special Properties
Listed by: mary proznik
Office: grip realty llc.
MLS#:1599391
Source:Metro MLS
4880 Otteson Lane #1-36,Eau Claire, WI 54701
$5,300,000
- - Beds
- - Baths
- 42,736 sq. ft.
- Multi-family
- Active
Price summary
- Price:$5,300,000
- Price per sq. ft.:$124.02
About this home
Introducing a rare and highly versatile investment opportunity on Eau Claire?s desirable southside. This 36-unit independent living community offers immediate income potential with significant upside for future expansion and repositioning. Purposefully designed as a 55+ independent living property, this asset presents a unique opportunity for investors or operators to evolve the property into a full-service Continuing Care Retirement Community (CCRC). With the ability to incorporate assisted living, memory care, or layered home health services, the possibilities for increased revenue streams and long-term value creation are substantial. The property was thoughtfully constructed to accommodate a future two-story expansion, with excess land available for an additional wing?allowing a seamless scale-up of operations without compromising the existing structure. Nestled in a private, wooded setting, the site offers a peaceful and highly sought-after environment for residents, while still being conveniently located on Eau Claire?s southside. Its positioning is especially strategic?situated between two established Continuing Care Retirement Communities?reinforcing the area?s strong demand and proven senior housing market....
Contact an agent
Home facts
- Year built:1998
- Listing ID #:1599391
- Added:95 day(s) ago
- Updated:June 28, 2026 at 10:30 PM
Rooms and interior
- Kitchen Description:Dishwasher, Range hood, Range/Oven, Refrigerator
- Basement Description:Partial, Partially Finished
- Living area:42,736 sq. ft.
Heating and cooling
- Cooling:Wall A/C, Wall/Sleeve Air
- Heating:Hot Water, Natural Gas
Structure and exterior
- Year built:1998
- Building area:42,736 sq. ft.
- Lot area:4.26 Acres
- Construction Materials:Brick, Stucco, Vinyl
- Exterior Features:Deck, Irrigation system, Patio
- Foundation Description:Poured Concrete
Utilities
- Water:Municipal Water
- Sewer:Municipal Sewer
Finances and disclosures
- Price:$5,300,000
- Price per sq. ft.:$124.02
- Tax amount:$63,457 (2025)
Features and amenities
- Appliances:Dishwasher, Refrigerator, Seller Owned: Washer, Washer
- Laundry features:Dryer, Seller Owned: Dryer, Washer
- Amenities:Ceiling Fan(s), Circuit Breakers
Parking
- Parking description:Garage Opener Included
New listings near 4880 Otteson Lane #1-36
$330,000Active3 beds 3 baths1,531 sq. ft.1210 S 50th Avenue, Eau Claire, WI 54703
MLS# 1600423Listed by: KELLER WILLIAMS REALTY DIVERSIFIED
$464,900Active3 beds 3 baths2,792 sq. ft.E4495 Woodland Drive, Eau Claire, WI 54701
MLS# 1601983Listed by: CHIPPEWA VALLEY REAL ESTATE, LLC
$299,900Active3 beds 2 baths1,880 sq. ft.228 E Polk Avenue, Eau Claire, WI 54701
MLS# 1602255Listed by: PROPERTY SHOPPE REALTY LLC
$320,000Pending3 beds 2 baths2,120 sq. ft.4725 Rudolph Road, Eau Claire, WI 54701
MLS# 1602358Listed by: CHIPPEWA VALLEY REAL ESTATE, LLC
$249,900Active-- beds -- baths2,754 sq. ft.515 Dewey Street #1-2, Eau Claire, WI 54703
MLS# 1602397Listed by: COPPER KEY REALTY & WATERFRONT
$457,718Active3 beds 2 baths1,382 sq. ft.6459 Silver Lake Drive #Lot 88, Eau Claire, WI 54703
MLS# 1602496Listed by: C & M REALTY
$359,900Pending4 beds 3 baths2,121 sq. ft.1902 Hogeboom Avenue, Eau Claire, WI 54701
MLS# 1602521Listed by: ESCHER REAL ESTATE
$400,000Active3 beds 2 baths2,123 sq. ft.5701 US Highway 53, Eau Claire, WI 54701
MLS# 1602545Listed by: CHIPPEWA VALLEY REAL ESTATE, LLC
$599,900Pending4 beds 3 baths2,960 sq. ft.1347 Howard Drive, Eau Claire, WI 54701
MLS# 1602547Listed by: TEAM TIRY REAL ESTATE, LLC
$235,000Active2 beds 1 baths816 sq. ft.Address Withheld By Seller, Eau Claire, WI 54701
MLS# 1602574Listed by: C21 AFFILIATED