$1,500,000

Estimated payment $8,455/month

Total Views 243,376
2.28 Acres
$657,895 Price per Acre
99,317 Sq Ft Lot

Highlights

  • 2.28 Acre Lot
  • Corner Lot
  • Property is near bus stop
  • Wooded Lot

About This Lot

Rare shovel-ready development opportunity in Fitchburg! Olive Tree Residences is an approved 20-unit condominium project on approx. 2.28 acres, offering a head start on development with significant entitlement, engineering and site work already complete. Approved plans feature spacious 2–3 bedroom residences, approx. 1,700–2,500 SF, with 2.5–3.5 baths and attached 2-car garages. PDD/SIP zoning approval is recorded, public utility permits are secured, engineering is complete and CAD files are available. Phase I ESA, geotechnical work, remediation, demolition and site clearing are complete. Construction bid interest secured. Bring your builder, investor or development team and move this project toward construction.

Listing Agent

Rachel Kvasnica

Pinnacle Real Estate Group LLC Brokerage Phone: 608-575-6428 License #59642-90 Listed on: 04/21/2026

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,528

Lot Details

  • 2.28 Acre Lot
  • Corner Lot
  • Level Lot
  • Wooded Lot

Location

  • Property is near bus stop

Schools

  • Call School District Elementary School
  • Sennett Middle School
  • Lafollette High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0709-363-9330-3

Property Details

Property Type

Land

Est. Annual Taxes

$2,528

Lot Details

2.28 Acres

Listing Details

  • Municipality: Fitchburg
  • Status Detail: Active
  • Mailing City: Fitchburg
  • Class: Lots & Acreage
  • Type: Lots & Acreage
  • Type Of Property: City, 5+ Unit Lot, In Condo Plat
  • Features: Wooded
  • Legal Description: ANNEXED TO CITY OF FITCHBURG 10/31/2022
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road: Paved

Utilities

  • Utilities Avail To Lot: Natural gas, Electricity, Telephone, Cable
  • Waste Disposal: Municipal sewer available
  • Water System: Municipal water available

Schools

  • Elementary School: Call School District
  • High School: Lafollette
  • Middle School: Sennett
  • School District: Madison

Lot Info

  • Lot Description: Corner, Close to busline
  • Zoning: Res
  • Number Of Lots: 1
  • Present Zoning: Single family, PUD
  • Topography: Level
  • Total Acres: 2.28
  • Geo Subdivision: WI

Tax Info

  • Improvements Type: Sidewalk
  • Net Taxes: 2528
  • Tax Year: 2025
  • Assessor Parcel Number: 0709-363-9330-3

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,264 $72,200 $72,200
2024 $1,236 $72,200 $72,200
2023 $3,268 $169,900 $72,200 $97,700
2022 $85 $0 $0 $0
2021 $100 $0 $0 $0
2020 $100 $0 $0 $0
2019 $391 $0 $0 $0
2018 $258 $0 $0 $0
2017 $289 $0 $0 $0
2016 $274 $0 $0 $0
2015 $334 $0 $0 $0
2014 $262 $0 $0 $0
2013 $214 $0 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2026 04/21/26 For Sale $1,500,000 +200.0% --
11/10/2022 11/10/22 Sold $500,000 -9.1% $556 / Sq Ft View Prior Sale
08/03/2022 08/03/22 Price Changed $550,000 -7.6% $611 / Sq Ft
09/01/2020 09/01/20 For Sale $595,000 -- $661 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- Knight Barry Title
Warranty Deed -- None Available
Land Contract $190,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $412,000 Balloon
Source: Public Records

About the Listing Agent

Rachel Kvasnica

Pinnacle Real Estate Group LLC

(608) 557-3675

Section Image

Rachel Kvasnica is a Real Estate Broker Associate and Team Leader with The OpalHaus Collective – A Pinnacle Real Estate Group Brand, specializing in luxury residences, custom new construction, and thoughtfully guiding clients through high-value real estate decisions throughout the greater Madison area. Rachel delivers a refined, strategic approach paired with exceptional client advocacy.

With over 10 years of real estate expertise and a prior 15-year career in consulting for top firms,

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Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2021347

South Central Wisconsin Multiple Listing Service

APN: 0709-363-9330-3

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