$499,900

3 Beds 2 Baths 2,379 Sqft

5383 Mariners Cove Drive #405, Madison, WI 53704

Property Type: Condo
Time on Market: 5 days
Price per Sqft: $210
Waterfront: Y
Garage: Y
Total Taxes: $4,375
Est. Age: 21+ Years

Description

Experience refined waterfront living in this exquisitely renovated first-floor, zero-entry residence with captivating views of the channel leading to Lake Mendota. Offering 3 bedrooms and 2 beautifully appointed baths, this exceptional home showcases sophisticated finishes, abundant natural light, and an open, thoughtfully designed floor plan ideal for both everyday living and effortless entertaining. The sun-filled four-season room provides a tranquil retreat, while the spectacular entertainment lounge features a custom bar, wine and 2nd refrigerator, surround sound, and a professionally installed Murphy bed for seamless guest accommodations. A private boat slip offers direct access to the pristine waters of Lake Mendota, placing boating, paddleboarding, fishing, and sunset cruises just steps from your door. Residents enjoy an unmatched collection of resort-style amenities, including indoor and outdoor pools, 2 hot tubs, Sauna, Gym, tennis and pickleball court

Property Details

Interior

Appliances:
  • Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal, Washer, Dryer
Basement:
  • None / Slab
Baths:
  • Full Baths: 2
  • Bath Descriptions: Whirlpool,Master Bedroom Bath: Full,Master Bedroom Bath
Heating/Cooling:
  • Forced Air, Central Air
Heat Fuel:
  • Natural Gas
Interior Features:
  • Wood or Sim.Wood Floors, Wet Bar
Sqft:
  • Total Sqft: 2,379
  • Lot Sqft Source: Assessor/Public Record
  • Estimated Sqft Range: 2001-2500

Rooms

Room Basement Level Lower Level Main Level Upper Level
Master Bedroom 18x15
Bedroom 2 14x12
Bedroom 3 18x13
Kitchen 18x13
Living Room 18x15
Sun Room 26x6

Exterior

Exterior:
  • Wood, Brick
Exterior Features:
  • Private Entry, Patio
Garage:
  • Details: 1 Car, 2 Car, Detached
Water:
  • Body of Water: Mendota
  • Features: Waterfrontage on Lot, Water Ski Lake, Channel
  • Waterfront: Y
Water/Waste:
  • Municipal Water, Municipal Sewer

Misc.

Condominium:
  • Name: Mariner Cove Lighthouse
  • Monthly Fee: 650.0
  • Units in Association: 75
New Construction:
  • N
Postal:
  • Code: 53704
Street:
  • Name: Mariners Cove Drive
  • Suffix: DRIVE
  • Unit Number: 405
Tax Year:
  • 2024
Zoning:
  • RES

Map

Listing Agent-Provided Directions:
  • HWY M TO WESTPORT RD, R. ON MARINERS COVE

Monthly Payment Calculator

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Schools and Neighborhood

Elementary School:
  • Arboretum
Middle School:
  • Waunakee
High School:
  • Waunakee
School District:
  • Waunakee
Postal City:
  • Madison
Municipality:
  • Name: WESTPORT
  • Type: Town
County:
  • DANE

Market Comparison

How this property compares to local market averages — calculated 8/6/2026

This Property
Madison Condo Avg
Dane County Condo Avg
List Price
$499,900
$408,987
$406,710
Median Price
—
$319,950
$349,900
Price / Sq Ft
$210
$280
$261
Days on Market
5 days
50 days
65 days
Total Listings
—
194
414

Listing Information

  • Time on Market: 5 days
  • Place Perfect Last Updated: 2026-07-31 03:06:02
  • MLS Number: 2029245
  • Subsystem Locale: WIREX_SCW
  • Listing Office: Century 21 Affiliated
  • Listing Agent: Ian Olson

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