Why Live in North Lake Mendota
North Lake Mendota, located in Madison, is a serene suburb nestled along the shores of Lake Mendota and surrounded by expansive open spaces. This neighborhood is ideal for nature enthusiasts, featuring two adjacent parks that provide a scenic buffer between residential areas and the lake. Recreational opportunities abound, with Lake Mendota offering activities such as trophy pike fishing, canoeing, sailing, and water sports. On land, Cherokee Marsh and Meadow Ridge Park offer extensive trails for birdwatching and exploring conservation areas. Homes in North Lake Mendota range from ranch styles to modern constructions, with waterfront properties commanding higher prices. The median home price is around $446,000, with more affordable options compared to Downtown Madison. The neighborhood is family-friendly, attracting young professionals and families. Students attend highly rated schools within the Madison Metropolitan School District, including East High School. Private schooling options like Madison Country Day School, which boasts an A-plus rating, are also available. Local amenities include Pick ‘n Save and Target for groceries and shopping, while East Towne Mall offers a variety of retail stores and entertainment options. Dining out can be enjoyed at Mariner’s Inn, a long-standing family-run restaurant. Residents benefit from easy access to Interstate 90 and Interstate 94. Downtown Madison is eight miles away, and the Dane County Regional Airport is a 10-minute drive. Public transportation is accessible via Madison Metro Transit, with bus routes connecting to downtown in about 45 minutes.
Frequently Asked Questions
Is North Lake Mendota a good place to live?
North Lake Mendota is a good place to live. North Lake Mendota is considered very car-dependent and somewhat bikeable with some transit options. North Lake Mendota is a suburban neighborhood. North Lake Mendota has 5 parks for recreational activities. It is sparse in population with 1.2 people per acre and a median age of 47. The average household income is $119,413 which is above the national average. College graduates make up 55% of residents. A majority of residents in North Lake Mendota are home owners, with 38% of residents renting and 62% of residents owning their home. A
local real estate agent serving North Lake Mendota can help you decide if this neighborhood is the right one for you. Learn more on our
North Lake Mendota neighborhood guide.
How much do you need to make to afford a house in North Lake Mendota?
The median home price in North Lake Mendota is $485,000. If you put a 20% down payment of $97,000 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $2,390 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $102K a year to afford the median home price in North Lake Mendota. The average household income in North Lake Mendota is $119K.
What are the best public schools in North Lake Mendota?
The best public schools that serve North Lake Mendota are:
What are the best private schools in North Lake Mendota?
The best private schools that serve North Lake Mendota are:
What are the most popular zip codes in North Lake Mendota, Madison, WI?
What are the most popular neighborhoods near North Lake Mendota, Madison, WI?
Home Trends in North Lake Mendota, WI
On average, homes in North Lake Mendota, Madison sell after 61 days on the market compared to the national average of 52 days. The median sale price for homes in North Lake Mendota, Madison over the last 12 months is $487,500, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$487,500
Median Single Family Sale Price
$478,700
Average Price Per Sq Ft
$264
Number of Homes for Sale
3
Last 12 months Home Sales
5
Median List Price
$485,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
8%