$681,660Average Value$253Average Price per Sq Ft65Homes For Sale
Suburban town center on the northern banks of Lake Mendota
First founded when the Chicago and Northwestern Railroad expanded its train line from Madison to Saint Paul in 1871, Waunakee sits near the cusp of Madison on the northern shores of Lake Mendota. It's a sprawling area that extends from the suburbs north of Madison out into rural farmland. The name Waunakee means fair and pleasant valley, and that’s precisely how resident Sheryl Schroeder describes the village. “It’s just a great little town,” says Schroeder, a Realtor with Coldwell Banker Realty. With its cluster of shops and restaurants along Main Street, this area has a small-town feel. Still, its proximity to downtown Madison, along with excellent parks and schools, means that homeowners here benefit from big-city amenities. Housing prices start around $300,000 and climb well above $1 million for custom, luxury homes overlooking the lake.
Waunakee is one of a kind -- there is no other "Waunakee" in the world.
Waunakee neighbors form tight-knit communities which pride themselves on well-kept properties.
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Established ranch-style homes and newly built Craftsmans
Spanning from the northern shores of Lake Mendota into the farmlands of southern Wisconsin, housing ranges across Waunakee. There are a variety of new and established homes throughout the neighborhood, from brick ranch-style homes to two-story Craftsman; some builds are recently finished, whereas others date back to the early 1900s and have a historic charm. This neighborhood has been seeing growth in newer subdivisions that feature spacious homes on well-groomed, tidy lots. Some are even located near the banks of Lake Mendota, including lots where homebuyers can design their dream home and waterfront properties that are priced at a premium. These luxury homes can sell for upwards of $1 million, though the median for the area is closer to $605,000, with very few houses listing below $300,000.
Two-story modern traditional homes are common in the developments of Waunakee.
Closer to the enter of Waunakee, you will find older, bungalow-style homes.
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Waunakee Community Schools earn top marks across the board
Families can send their kids to public schools in the Waunakee Community School District. Young students might start out at Arboretum Elementary until the fourth grade before moving up to Waunakee Intermediate, which serves students in the fifth and sixth grades. Seventh and eighth graders can attend Waunakee Community Middle before earning their diploma at Waunakee Community High. All four schools score an A rating from Niche, and the district even has its own aquatic center where the Waunakee Warriors swim teams train, though it also hosts American Red Cross swimming lessons and family swims.
Exterior of Kromrey Middle School in Middleton.
The main entrance for Waunakee High School.
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Waterfront activities on Lake Mendota and neighborhood parks
Waunakee is full of parks and outdoor spaces to explore. Sixmile Creek runs through town at Waunakee Village Park, which has paved paths through the trees for walks in addition to playgrounds and sporting facilities. During December, the park turns into a winter wonderland with festive holiday lights lining the walkways. Even as the weather gets chillier, it’s easy to stay active at Waunakee Village Center, located next to the park. This community center features a gym and fitness center and hosts events for youth and seniors alike. Residents of Waunakee can also take advantage of nearby Lake Mendota at Governor Nelson State Park, which features over 8 miles of peaceful trails along the water in addition to sandy beaches for relaxing or fishing for smallmouth bass.
Waunakee has over a dozen parks for nature-lovers to enjoy.
Mendota Park in Middleton is the perfect spot to relax and enjoy the water.
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Local restaurants line Main Street in the heart of town
Traveling down Main Street, residents have their choice between an array of local restaurants scattered every few blocks. Lone Girl Brewing Company is a popular spot for sipping on craft beers and munching on pub fare from cheese curds to burgers, and during the warmer months, its rooftop patio is a great place to enjoy the sun. Those who prefer wine to beer can head over to Red and White Winebar, just a few streets over. It features a self-serve wine bar and hosts classes and concerts to make it a place where people come to sit and stay a while. There are even more options near Century Avenue, like classy Ren’s Innkeeper for seafood and steaks or M-N-M’s Coffeehouse for a quick latte pick-me-up. For cooking from home, residents can grab all their groceries at the Main Street Market Piggly Wiggly.
Lone Girl Brewing Company in Waunakee is a large brewpub and restaurant on Main Street.
M-N-M's Coffeehouse serves a variety of hot and cold drinks to Waunakee residents.
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Less than half an hour to downtown Madison
Drive times vary from one end of Waunakee to the other, but commuters can expect a trip into downtown Madison to take about 20 to 30 minutes or 10 to 15 miles. The Dane County Regional Airport is even closer, approximately 10 to 15 minutes away by car. Most places are accessible via Route 113, but for further trips around the Madison area, Interstate 90 is just over 5 miles due east and leads to the University of Wisconsin Health East Madison Hospital.
Waunakee is full of newer developments, especially in the outskirts.
Don't forget to check out Lone Girl Brewing Company in Waunakee, right by the railroad tracks.
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Written By
Tina Davis
Photography Contributed By
Scott Mason Bittinger
Interested in learning more about homes in this area?
Reach out to
Tami McFarlane,
an experienced agent in this area.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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On average, homes in Waunakee, WI sell after 49 days on the market compared to the national average of 55 days. The median sale price for homes in Waunakee, WI over the last 12 months is $607,500, up 1% from the median home sale price over the previous 12 months.
The Ironwood blends modern design with warm, natural materials in a thoughtfully designed 4-bedroom, 3.5-bath home. Striking curb appeal features earth tones, clean stucco, wood accents, metal awnings, and distinctive window pop-outs. Inside, the great room showcases a double-sided fireplace beneath a dramatic cathedral ceiling, flowing into a sun-filled kitchen and sunroom with expansive glass.
Enjoy easy, single-level living in this spacious first-floor 2 bedroom, 2 bathroom condo featuring a cozy gas fireplace and a private entrance from your patio. Both bedrooms are generously sized, offering comfortable space to spread out. Two reserved underground parking stalls come with elevator access, plus a large private storage room for extra gear and seasonal items. Enjoy easy access to the
One home. So many ways to live in it. This 2022 Ganser Construction ranch in Westview Meadows offers the flexibility to fit your life today—and whatever comes next. An open-concept main level is filled with natural light from oversized Andersen windows and features engineered hardwood floors, custom built-ins, gas fireplace and a beautiful kitchen with quartz counters, GE Profile appliances,
Spacious ranch condo with high-end finishes backing to a conservancy out lot! A remarkable opportunity for those looking to enjoy quality craftsmanship, gorgeous conservancy views & a "lock and go" lifestyle. Upon entry you will be pleasantly stunned by the vaulted ceilings, large windows & open spaces. Primary suite features picturesque backyard views & large bathroom with double sinks, jetted
Build your dream home on this 0.31-acre homesite in highly sought-after Kilkenny Farms West! Located in the Waunakee School District and just minutes from Heritage Elementary and Waunakee Intermediate, this exceptional lot offers the perfect blend of neighborhood living and everyday convenience. Kilkenny Farms West was selected as a 2026 & 2027 MABA Parade of Homes neighborhood and features
New Price! Victory Homes of Wisconsin's 2026 Parade of Homes St. Jude Dream Home Showplace in Waunakee's coveted Kilkenny Farms West. The Cypress floorplan showcases exceptional craftsmanship, timeless design, and thoughtfully curated finishes throughout. Offering 5 bedrooms, 3.5 baths, and a beautifully finished lower level, this home was designed for luxurious everyday living and effortless
Fall in love with your new, secluded country home, just minutes from Middleton. Custom built ranch home on 7.21 acres. 3-car garage (32x39) with floor heat. 4th garage in lower level (10x11) with garage door for all your toys. 9' walls on both levels, walk-in kitchen pantry, custom Amish cabinetry, solid wood interior doors, Andersen windows, 8' patio door, Thermo-zone floor heat exchange system.
This Six Mile Creek treasure has been lovingly maintained and is ready for you to call home! The inviting main level has a great room with vaulted ceilings + fireplace, kitchen with stainless steel appliances, along with white trim + cabinetry. The upper level has a primary suite, plus two additional bedrooms and an updated bath. The walkout lower level with wood plank tile flooring adds a family
Highly sought-after location with a bright, sunny setting! This inviting condo features an open concept kitchen and living area with patio doors leading to outdoor space. Two spacious bedrooms and two full bathrooms, including a large walk in closet in the primary suite. The partially finished basement offers additional living space and abundant storage. Recent updates include newer mechanicals,
NEW PRICE + SELLER INCENTIVE! The opportunity to own this beautiful, low-maintenance Waunakee condo just got even better! Seller has reduced the price and will either purchase buyer’s mortgage points OR contribute toward buyer’s closing costs! Welcome home to spacious, stylish condo living w/4 bedrooms, 4 full baths and nearly 3,000 sq. ft. Enjoy an open-concept main level w/custom cabinetry,
Welcome to MeadowBrook at Pleasant Valley! This impressive 5-bedroom, 4-bath home offers over 4,000 square feet across three finished levels. The main level features an inviting living room with fireplace, dedicated office, formal dining room, spacious eat-in kitchen with walk-in pantry and coffee/serving area, plus a private primary suite. Upstairs are three generously sized bedrooms, each with
In the heart of MeadowBrook—just two houses from the private Neighborhood Center, pools, parks, playgrounds, ponds, scenic walking trails—this beautiful home welcomes you with a sun-filled covered porch, thoughtfully designed for everyday living and effortless entertaining. The bright, open main level features a spacious great room with gas fireplace and chef-inspired kitchen with large island,
Experience luxury living at The Crest Luxury Apartments, nestled in the heart of Waunakee, a vibrant and diverse suburb of Madison, WI. As one of Wisconsin's fastest-growing cities, Waunakee offers the perfect blend of small-town charm and urban convenience. Residents enjoy top-rated schools, a historic downtown, scenic parks, safe neighborhoods, and a variety of shopping, dining, and
Heritage Hills Apartments is a unique community, nestled within the gorgeous Heritage Hills Neighborhood. This area is within walking distance to charming downtown Waunakee, with unique shops, raved-out restaurants, a brand new library, parks and so much more. Making it an ideal place to call home!
Experience Waunakee living at Madison and Main. This community is located downtown Waunakee with access to many local shops and restaurants. When you choose an apartment at Madison and Main, you'll have a wide selection of features and amenities including washers and dryers, granite countertops, and convenient on-site parking options. Experience a new standard at Madison and Main.We partner with
Introducing Lamphouse, Waunakee's premier luxury living address. Carefully created with our residents' comfort in mind, you will discover unique amenities, superior apartment features and a place you will love to call home. With over 28 unique luxury apartment floor plans to select from you will surely find the style that fits your personality. Visit us, take a tour, and get the information you
The Laurel at Kilkenny is now open! This beautiful property offers luxury rental living in Waunakee's most affluent neighborhood. Residents will enjoy a shared community room with a living room, fireplace, and full kitchen, an outdoor patio with a fireplace and grilling station, plus a fitness center with a separate exercise studio.Choose from one, two, and three-bedroom
Senior Living Community 1bd/1br in the heart of Waunakee! Our Senior Living apartments are conveniently laid out and wellmaintained. You will love calling this location home!Amenities include:Water prorated $35 a month per personPorch or balcony in unitSeparate bath tub and shower in the bathroomGarbage and Recycling in garage basement*Heat and electric bills
Country View apartments are where Waunakee's active seniors love to live. Country View is an independent living apartment home for adults 55 and older. You will love small town living with easy access to Madison. We are located close to everywhere you need to be! Our community is in the heart of Waunakee across from the Piggly Wiggly. Walk to Post office and Village Mall. All of our apartments
Quality housing at an unbelievable price! You won't find a better value for your money out there!These 2 bedroom and 2 baths apartments are well maintained and located right in the heart of Waunakee.Amenities include:-Full size washer and dryer in unit-Gas fireplace-balcony-large living space-large bedrooms-spacious closets-One underground parking spot
Enjoy peaceful living just 20 minutes from Madison. This 2 bed, 1 bath apartment features brand-new paint throughout the entire unit and modern LVP flooring for a clean, low-maintenance look.Located in the desirable village of Waunakee — known for its top-rated schools, parks, and small-town charm — you’ll have quick access to shopping, dining, and everything Madison has to offer while coming
Rent this Waunakee duplex located in the Heritage Hills neighborhood with quick access to the East Side of Madison.The main level offers an open floor plan with a bright living room to the left, and the kitchen and dining area overlooking the living room. The fully equipped kitchen features quartz countertops, stainless steel appliances, a spacious island, and pantry. A half bath and
This property at 5874 Woodland Dr features 3 bedrooms and 1.5 bathrooms within a total of 1,688 square feet. The living room offers ample space for relaxation, while the kitchen is equipped for meal preparation and a breakfast bar and a separate dining space. The full bathroom includes a tub/shower combination. Each bedroom provides sufficient room for furnishings and personal items. Additional
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