Monona Homes under $700,000

Welcome to Monona, Wisconsin – a charming city nestled just south of Madison in Dane County. Known for its picturesque lakeside views and vibrant community spirit, Monona offers a unique blend of suburban tranquility and urban accessibility. With its beautiful parks, excellent schools, and a variety of local shops and restaurants, it’s no wonder that families and professionals alike are drawn to this delightful area.

Monona is particularly appealing for those seeking homes priced under $700,000. The real estate market here features a diverse array of properties, from cozy single-family homes to modern townhouses, all designed to fit various lifestyles and budgets. Whether you’re a first-time homebuyer or looking to downsize, you’ll find an inviting selection of residences that combine comfort with style.

Imagine waking up to the serene beauty of Lake Monona, where you can enjoy recreational activities like kayaking, fishing, or simply taking a leisurely stroll along the water’s edge. The city also boasts a strong sense of community, with numerous events and festivals held throughout the year, fostering connections among neighbors and friends.

Living in Monona means enjoying easy access to the vibrant culture of nearby Madison, while still being able to retreat to the peacefulness of your own home. With its ideal location, friendly atmosphere, and homes under $700,000, Monona is not just a place to live – it’s a place to thrive. Come discover your new home in this enchanting city!

Newest Monona Homes under $700,000

$693,000

4 Beds ⋅ 4 Baths ⋅ 2031332 MLS ⋅ ACTIVE Status

First time on the market in 56 years! Discover the possibilities in this spacious 2-story home tucked into the sought-after Frost Woods neighborhood. Offering nearly 3,000 sq. ft. on a generous 1/3-acre lot, this home has great bones, wonderful space & endless potential to make it your own. The main level features a large living room with gas fireplace, formal dining room with built-ins, bright & spacious eat-in kitchen, office with built-ins & half bath. Upstairs, the primary w/its own ensuite joins 3 additional spacious bedrooms, hardwood floors, full bath & abundant closet space. The finished lower level offers 2 rec rooms & another half bath. A screened porch off the living room & kitchen overlooks the private yard—perfect for summer evenings. Laundry on the main off the 2 car garage - perfect for a future mudroom. An exceptional opportunity in a beloved Monona neighborhood near schools, parks, shopping, dining, Lake Monona & just minutes from downtown Madison!

500 Frost Woods Rd, Monona

$625,000

5 Beds ⋅ 3 Baths ⋅ 2032691 MLS ⋅ ACTIVE UNDER CONTRACT Status

Tucked into a large, private yard in the heart of Monona, this one-of-a-kind 5-bedroom home is anything but ordinary. The dramatic 2-story living room features floor-to-ceiling windows that bring the outdoors in, while a spacious open loft overlooks the living space below. Much of the home remains wonderfully original, offering a rare opportunity to embrace its distinctive character or reimagine it with your own vision. With 5 bedrooms and 2.5 baths, there’s plenty of room to spread out, inside and out. Major updates are already handled, including a new roof plus newer furnace, A/C, water heater and water softener. A truly unique property on a beautiful, secluded-feeling lot—right in the middle of Monona.

5519 Pheasant Hill Rd, Monona

$234,000

1 Beds ⋅ 1 Baths ⋅ 2032647 MLS ⋅ ACTIVE Status

Enjoy stylish condo living in the heart of Monona! This beautifully maintained, light-filled end unit offers an inviting blend of comfort, convenience, and modern finishes. Step inside to find hardwood floors, a cozy gas fireplace, six-panel doors, stainless steel appliances, solid-surface countertops, and convenient in-unit laundry. The versatile office provides the flexibility to serve as a second bedroom, guest space, or work-from-home retreat. Additional highlights include ample storage, secure building access, elevator service, and heated underground parking. Ideally located with quick access to shopping, dining, public transportation, and the Beltline, this move-in-ready condo makes it easy to enjoy everything Monona and the Madison area have to offer!

115 E Broadway Unit 201, Monona

$539,750

4 Beds ⋅ 2 Baths ⋅ 2032397 MLS ⋅ ACTIVE UNDER CONTRACT Status

Welcome to this inviting 4-bedroom ranch in a quiet and highly sought-out Monona neighborhood, offering 1,912 sq ft of comfortable living space. Beautiful hardwood floors grace, living room, dining room and likely the 3 bedrooms adding warmth and character throughout the main level living areas. Enjoy the bright, window-filled Sunroom overlooking the fenced backyard and spacious 14x20 deck. surrounded by beautiful, mature trees and flowers —perfect for relaxing or entertaining. A welcoming front porch adds curb appeal, while the lower level features a large workshop, generous storage and all the space imaginable to entertain, play games or watch TV. The 1.5-car detached garage provides convenient storage and newer cement driveway allows plenty of parking. Just 2 blocks from Lake Monona, several nice Parks, the Monona Community Center, Pool, and library. It is all right here that is a perfect neighborhood for an active connected lifestyle! Homes sell quickly here so don't miss out.

5112 Arrowhead Dr, Monona

$340,000

2 Beds ⋅ 2 Baths ⋅ 2031774 MLS ⋅ ACTIVE Status

Welcome to this inviting first-floor end-unit condo in a convenient Monona location! Enjoy peaceful views of the community gazebo and greenspace from the tiled, screened-in porch—perfect for relaxing or entertaining. The open kitchen and dining area features durable laminate flooring, a newer refrigerator, and plenty of natural light. Ceiling fans throughout add comfort and airflow. The spacious primary suite offers a walk-in closet and private bath with a stall shower. With 2 bedrooms, a versatile den, and 2 full baths, there’s room for guests, a home office, or hobbies. In-unit washer and dryer add everyday convenience. The property includes two parking spaces plus additional storage in the basement. Conveniently located near grocery stores, restaurants, shopping, and all that Monona Drive has to offer!

100 Femrite Dr Unit 106, Monona

$500,000

3 Beds ⋅ 2 Baths ⋅ 2030764 MLS ⋅ ACTIVE UNDER CONTRACT Status

IS A WELL BUILT HOME A thing of the past? Not in Monona! This modernized mid-century ranch home invites you to enjoy the blend of timelines features with modern updates. This exceptionally well maintained home includes beautiful solid hardwood floors, a refreshed main bathroom, and delightful sun room. Many will notice the new paint throughout and new carpet in the lower level. Others will appreciate the level lot with beautiful landscaping. The owners planned to stay here longer, but life changes brought it back on the market. Plan to take your tour soon, I’m sure it won’t be around long!

414 Woody Ln, Monona

$359,000

3 Beds ⋅ 2 Baths ⋅ 2029066 MLS ⋅ ACTIVE Status

Enjoy the comfort & convenience of easy condo (no monthly fee) living w/the privacy of your own entrance & attached oversized 1 car garage. This beautifully remodeled home offers a warm, inviting atmosphere w/LVP floors throughout the main level, a spacious open-concept living & dining area, & an updated kitchen featuring stainless SS appliances (2021). Step through the patio doors onto the large deck, perfect for relaxing, grilling, or entertaining while overlooking the backyard & private storage shed. Upstairs, you'll find 2 comfortable bdrms that share a full bath. The generous main-floor hallway provides exceptional storage, convenient mudroom space, & direct access to the side yard. The finished LL adds incredible flexibility w/a 3rd bdrm or rec room, a half bath, laundry area, & additional storage. Thoughtful updates provide peace of mind, including a water softener '23, boiler '14, deck '11, electrical '10. Move right in & enjoy the comforts!

307 Valorie Ln, Monona

$359,000

3 Beds ⋅ 2 Baths ⋅ 2028831 MLS ⋅ ACTIVE Status

Enjoy the comfort & convenience of easy condo living w/the privacy of your own entrance & attached oversized 1 car garage. This beautifully remodeled home offers a warm, inviting atmosphere w/LVP floors throughout the main level, a spacious open-concept living & dining area, & an updated kitchen featuring stainless SS appliances (2021). Step through the patio doors onto the large deck, perfect for relaxing, grilling, or entertaining while overlooking the expansive backyard & private storage shed. Upstairs, you'll find 2 comfortable bdrms that share a nicely appointed full bath. The generous main-floor hallway provides exceptional storage, convenient mudroom space, & direct access to the side yard. The finished LL adds incredible flexibility w/a 3rd bdrm or rec room, a half bath, laundry area, & additional storage. Thoughtful updates provide peace of mind, including a water softener '23, boiler '14, deck '11, electrical '10. Move right in & enjoy the comforts! And NO monthly condo fee!

307 Valorie Ln, Monona

$458,000

3 Beds ⋅ 2 Baths ⋅ 2028656 MLS ⋅ ACTIVE Status

Fall in love with the timeless charm of this beautifully preserved 1930s Craftsman, where character and comfort blend effortlessly. Sunlight pours through updated windows, highlighting the gleaming refinished hardwood floors and the cozy bay window that invites you to slow down with your morning coffee. The thoughtfully remodeled kitchen and updated baths offer modern convenience while honoring the home's original craftsmanship. The finished lower level provides wonderful additional living space for guests, hobbies, or movie nights. Outside, enjoy summer evenings on the spacious deck overlooking a private, fenced backyard shaded by mature trees. With a 2-car garage, meticulous updates throughout, and Monona Golf Course just across the street, this home offers an idyllic setting just minutes from the Beltline, local restaurants, shopping, and all that Madison's east side has to offer.

4807 Monona Dr, Monona

$290,000

2 Beds ⋅ 2 Baths ⋅ 2027632 MLS ⋅ ACTIVE UNDER CONTRACT Status

Discover your new home in this charming third floor condo featuring a desirable split-bedroom layout. The open-concept design seamlessly connects the living room, dining area, and kitchen creating a bright and inviting space filled with natural light. Vaulted ceilings enhance the spacious feel, while your private deck overlooks the peaceful scenery of Three Meadows Park. The unit includes a storage unit and two parking spaces in the heated underground garage, with additional off-street parking available for guests.

163 Shato Ln, Monona

$400,000

3 Beds ⋅ 2 Baths ⋅ 2025972 MLS ⋅ ACTIVE Status

BARGAIN PRICED FOR MONONA! This well-maintained classic ranch is priced below recent sales comparables. The bright living room includes a large picture window, solid hard wood floors, and plenty of room for large gatherings. Step into the eat in kitchen with freshly painted cabinets and NEW light fixtures. Three bedrooms on the main floor sit next to the updated main bathroom with 2 sinks. Downstairs offers a versatile rec room, half bathroom, plus an extra room for work or hobbies. Additional unfinished space for plenty of storage and you’ll appreciate the laundry shoot directly to the basement. Outside, relax on the patio and large privacy fence. The extra storage building holds the lawn mower and garden tools. The large corner lot comes with NO sidewalks to shovel. Enjoy easy access to Frost Woods Park or Bridge Road Park. Come check out this wonderful home!

400 Frost Woods Rd, Monona

$599,900

2 Beds ⋅ 2 Baths ⋅ 2002587 MLS ⋅ ACTIVE Status

BACK ON THE MARKET! Exceptional waterfront land opportunity on the Yahara Channel with approximately 225’ of shoreline and access to all three Madison lakes. This 0.29-acre parcel is zoned R-2 and located within a TIF district, offering strong potential for redevelopment or future new construction in a highly desirable infill location. The existing mid-century ranch is being sold as-is and will require significant investment; value is primarily in the land, shoreline, zoning, and location. Ideal for buyers considering a teardown, major renovation, or redevelopment project subject to municipal approvals. Detached 2-car garage. Walkable to restaurants, entertainment, and the Lake Loop bike path, with quick access to downtown Madison. Bring your builder, architect, or development team.

6411 Winnequah Rd, Monona

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