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Carpenter-Ridgeway Homes for Sale

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  • 1027 Melvin Ct, Madison, WI 53704
    1027 Melvin Ct, Madison, WI 53704
    1027 Melvin Ct, Madison, WI 53704
    /23

    $329,900

    $10K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 1,983 Sq Ft

    1027 Melvin Ct, Madison, WI 53704

    Discover comfort and convenience on Melvin Court. This inviting condo offers a private entrance, attached garage, and a functional layout with generously sized rooms and closets. The spacious kitchen with breakfast bar and dining area flows nicely for daily living and hosting. The main level features a primary suite and laundry, while the lower level provides a second suite and extra flexibility.

    Agent Photo

    Thomsen Team

    Modern Realty Partners LLC

    1027 Melvin Ct, Madison, WI 53704
  • 701 Pinecrest Dr, Madison, WI 53714
    701 Pinecrest Dr, Madison, WI 53714
    701 Pinecrest Dr, Madison, WI 53714
    /13

    $629,900

    • 3,000 Sq Ft

    701 Pinecrest Dr, Madison, WI 53714

    Turn-key cash-flow on Madison’s East Side! This all-brick 4-unit building offers immediate rental income and low-maintenance upkeep. 3 of 4 units are already leased through mid-2027, providing rock-solid stability from day one. The final unit is vacant and open for immediate viewing—perfect for a house-hack or placing a new tenant at current market rates. Every unit features durable,

    Jessica Janssen Design Realty LLC

    701 Pinecrest Dr, Madison, WI 53714
Wisconsin Dane County Madison Carpenter-Ridgeway

Real Estate & Homes for Sale in Carpenter-Ridgeway, Madison

Why Live in Carpenter-Ridgeway
Carpenter-Ridgeway is a Madison neighborhood that's just a 5-mile drive from downtown. This area features a mix of commercial activity and residential spaces. Housing options include side-by-side duplexes, townhouses, Cape Cods, colonials, Arts and Crafts designs, and ranch-style homes. The neighborhood's amenities include Carpenter-Ridgeway Park, which offers a playground, an open playfield and access to the Starkweather Creek Path. A 3-mile trail, the Starkweather Creek Path leads to The Bridges Golf Course, which is an 18-hole circuit with a clubhouse that serves a popular Friday fish fry. Residents can also enjoy restaurants such as Brothers Three Bar & Grill and La Taguara, a Venezuelan eatery. Retail options include Retro Revolution, an antique store, and nearby chains like Pick 'n Save and Walgreens. The Madison Metropolitan School District serves the neighborhood, and the well-rated East High is close by. The neighborhood benefits from its proximity to the Dane County Regional Airport, and bike paths connect to other parts of Madison. Carpenter-Ridgeway has a moderate risk of flooding and fires, and water pollution in Starkweather Creek has been a concern.
Learn more about living in Carpenter-Ridgeway

Carpenter-Ridgeway Home Prices vs. Nearby Madison, WI Neighborhoods

Carpenter-Ridgeway Greater Sandburg Old Village Sherman
Median Home Price
$357,500
$339,500
$398,000
$315,000
Median Sale Price
$370,000
+13% YoY
$346,200
-1% YoY
$407,500
+28% YoY
$300,000
-6% YoY
Median Single Family Price
$372,500
$390,000
$420,000
$300,000
Median Condo Price
$331,950
$176,900
$199,900
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Total Active Listings
1
7
0
4
Market Conditions
2 Months of Supply
Seller's Market
1 Months of Supply
Seller's Market
0 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market

Frequently Asked Questions

Is Carpenter-Ridgeway a good place to live?
Carpenter-Ridgeway is a good place to live. Carpenter-Ridgeway is considered somewhat walkable and bikeable with some transit options. Carpenter-Ridgeway is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Carpenter-Ridgeway has 7 parks for recreational activities. It is somewhat dense in population with 9.0 people per acre and a median age of 39. The average household income is $62,395 which is below the national average. College graduates make up 41.1% of residents. A majority of residents in Carpenter-Ridgeway are renters, with 59% of residents renting and 41% of residents owning their home. A local real estate agent serving Carpenter-Ridgeway can help you decide if this neighborhood is the right one for you. Learn more on our Carpenter-Ridgeway neighborhood guide.
Is Carpenter-Ridgeway, WI a safe neighborhood?
Carpenter-Ridgeway, WI is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Carpenter-Ridgeway?
The median home price in Carpenter-Ridgeway is $357,500. If you put a 20% down payment of $71,500 and had a 30-year fixed mortgage with an interest rate of 6.49%, your estimated principal and interest payment would be $1,810 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $78K a year to afford the median home price in Carpenter-Ridgeway. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Carpenter-Ridgeway is $62K.
What are the best public schools in Carpenter-Ridgeway?
The best public schools that serve Carpenter-Ridgeway are:
  • East High School has a B+ Niche grade, a student teacher ratio of 15:1 and an average review score of 3.5.
  • O'Keeffe Middle has a B+ Niche grade, a student teacher ratio of 13:1 and an average review score of 3.0.
  • Hawthorne Elementary School has a C+ Niche grade and a student teacher ratio of 10:1.
What are the best private schools in Carpenter-Ridgeway?
The best private schools that serve Carpenter-Ridgeway are:
What are the most popular zip codes in Carpenter-Ridgeway, Madison, WI?
The most popular zip codes in Carpenter-Ridgeway, Madison, WI include 53704, 53714, 53593, 53703 and 53716.
What are the most popular neighborhoods near Carpenter-Ridgeway, Madison, WI?
The most popular neighborhoods near Carpenter-Ridgeway, Madison, WI are Eken Park, Atwood, Emerson East, Greater Sandburg and Eastmorland.
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