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Situated on over half an acre with 150 feet of prime Lake Madison shoreline, this custom waterfront retreat offers an unrivaled value proposition combining architectural craftsmanship with advanced engineering. Framed by hand-picked Wisconsin quarry limestone and a custom copper exterior archway, the home makes an immediate statement. Enter through the foyer to discover intricate marble tile and ornate wrought-iron scrollwork. Soaring 19-foot ceilings on the main level are highlighted by a dramatic domed center ceiling, while the formal dining area features hand-crafted gold inlay ceiling details and rich Brazilian teak flooring. The kitchen and bathrooms boast custom granite countertops and detailed tile work. Designed for effortless living and entertainment, the home includes an integrated AVI sound and lighting automation system, a private home theater, and a custom security system. The primary suite offers a quiet retreat with a stepped copper ceiling, dual vanities, soaker tub, and double-entry sunken tile shower. The oversized 3-stall garage features heated epoxy floors, a convenient half bath with a built-in pet shower, and ample storage space. The home is being offered fully furnished with curated, unique furniture pieces and original artwork. This move-in-ready property delivers seamless comfort inside and out. Outdoors, lush shrubbery and vibrant flower beds frame expansive gathering spaces featuring a dedicated wood-burning fireplace and a hot tub set beneath a pergola—all overlooking the lake and a newly constructed rock seawall. The grounds are supported by a 6-zone irrigation system with a 3-zone micro-drip line. High-grade construction includes triple-layer TL-6 shingles and a geothermal heating and cooling system complete with a built-in dehumidifier and heated floors throughout. Offering over 6,400 finished square feet, this expansive property is priced to present an extraordinary investment opportunity on Lake Madison.

Highlights

  • Residential
  • Single Family Residence
  • Built in 2010
  • 0.551 Acre Lot
  • $4/ HOA
  • Waterfront
  • 3 Car Garage
  • 52 days on Market

  • Bedrooms
    6
  • Bathrooms
    2 full · 2 half
  • Year Built
    2010
  • Architectural Style
    Two Story
  • Construction Materials
    Stone
  • Garage Spaces
    3.0
  • Parking Features
    Attached, Concrete
  • Living Area
    6434.0
  • Interior Features
    Vaulted Ceiling(s), Wet Bar, Tray Ceiling(s), Sound System
  • Appliances
    Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer, Humidifier, Water Softener Owned, Double Oven, Range Hood
  • Flooring
    Tile, Carpet, Concrete, Wood, Marble
  • Patio And Porch
    Patio
  • Cooling
    Geothermal
  • Heating
    Geothermal
  • Basement
    Full

  • Acres
    0.551
  • Lot Features
    Other
  • Water Front Features
    Lake, Lake Front
  • Water Front
    Yes

  • County
    Lake
  • City
    Madison
  • Neighborhood
    Temporary Check Back
  • Zip Code
    57042
  • High School
    Madison HS
  • Middle School
    Madison MS
  • Elementary School
    Madison ES

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Frequently Asked Questions

How do I schedule a tour of 118 Woodland Dr?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 118 Woodland Dr.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 118 Woodland Dr?

Click Ask a Question to talk with our team. You already know it is a 6 bed, 2 bath, listed for $1,950,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Madison, and can even get you in to see the property quickly.

How do I get a virtual tour of 118 Woodland Dr?

Yes! A virtual tour is available for 118 Woodland Dr. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 118 Woodland Dr?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 118 Woodland Dr at around $12,529. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 118 Woodland Dr?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Lake County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 118 Woodland Dr?

In most cases, yes. Whether 118 Woodland Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Madison's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 118 Woodland Dr?

We can handle that for you. Our preferred local agent specializes in residentials in Madison and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,950,000 with 6,434 sqft of space—that comes out to approximately $303 per square foot.

How long has this property been on the market?

118 Woodland Dr was listed on September 16, 2026, which means it's been on the market for 52 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2010, making it approximately 16 years old.

What is the lot size of this property?

118 Woodland Dr sits on a 0.55-acre lot, which is 23,958 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Madison ES
  • Middle: Madison MS
  • High: Madison HS

Want to see how these schools compare? Check out our Lake County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 118 Woodland Dr?

The most recent public record shows annual property taxes for 118 Woodland Dr were approximately $23,472. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $4.

This covers access to community features including: Other.

Is 118 Woodland Dr still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of REALTOR® Association of the Sioux Empire, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The REALTOR® Association of the Sioux Empire, Inc. does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright © 2026 REALTOR® Association of the Sioux Empire, Inc. All rights reserved.

Last Updated: November 07, 2026 at 08:15PM | Source: REALTOR Association of the Sioux Empire | MLS#: 22607222