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$499,900
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Property Description
Experience refined waterfront living in this exquisitely renovated first-floor, zero-entry residence with captivating views of the channel leading to Lake Mendota. Offering 3 bedrooms and 2 beautifully appointed baths, this exceptional home showcases sophisticated finishes, abundant natural light, and an open, thoughtfully designed floor plan ideal for both everyday living and effortless entertaining. The sun-filled four-season room provides a tranquil retreat, while the spectacular entertainment lounge features a custom bar, wine and 2nd refrigerator, surround sound, and a professionally installed Murphy bed for seamless guest accommodations. A private boat slip offers direct access to the pristine waters of Lake Mendota, placing boating, paddleboarding, fishing, and sunset cruises just steps from your door. Residents enjoy an unmatched collection of resort-style amenities, including indoor and outdoor pools, 2 hot tubs, Sauna, Gym, tennis and pickleball court
Full Property Details
Full Property Details for 5383 Mariner's Cove Dr #405
General
- Price: $499,900
- HOA FEE: $650
- Taxes: $4,375 (2024)
- Status: Active
- Type: Condo
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2029245
- Updated: 8/7/2026
- Added to Site: 9 day(s) ago
Interior
- Interior Features: Wood or Simulated Wood Floors, Wet Bar
- Appliances: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal, Washer, Dryer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom: Whirlpool, Master Bedroom Bath: Full, Master Bedroom Bath
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: 18 x 15, Main
- Bedroom 2: 14 x 12, Main
- Bedroom 3: 18 x 13, Main
Other Rooms
- Living Room: 18 x 15, Main
- Kitchen: 18 x 13, Main
- Sun Room: 26 x 6, Main
Additional Information
- Shared Amenities: Clubhouse, Tennis Court(s), Common Green Space, Exercise Room, Whirlpool, Elevator, Boat Slip/Pier, Indoor Pool, Pool, Outdoor Pool
Exterior
- Exterior Features: Private Entry, Patio
Parking
- Garage Description: 1 Car, Detached
Location
- Municipality: Westport
- County: Dane
- Condo Project Name: Mariner Cove Lighthouse
- Driving Directions: HWY M TO WESTPORT RD, R. ON MARINERS COVE
School Information
- School District: Waunakee
- Elementary School: Arboretum
- Middle School: Waunakee
- High School: Waunakee
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Forced Air, Central Air Conditioning
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
Structural Information
- Description/Design: Garden
- Exterior Const.: Wood, Brick
- Basement Desc.: None/Slab
- Square Feet: 2,379
- Square Feet Range: 2001 to 2500
- Sq. Ft. Source: Assessor/Public Record
- Year Built: 1992
Unit Information
- Units in Building: 15
- Units in Complex: 75
Lot Features
- Zoning: RES
Water Features
- Water Front: Yes
- Water Front Name: Mendota
- Water Front Desc.: Water Frontage on Lot, Water Ski Lake, Channel
Financial Considerations
- Association Fee: $650
- Tax Amount: $4,375
- Tax Year: 2024
Disclosures and Reports
- Exclusions: SELLER'S PERSONAL ITEMS
- Inclusions: REFRIGERATOR, RANGE/OVEN, MICROWAVE, DISPOSAL, DISHWASHER, WASHER/DRYER, ALL WINDOW COVERINGS/BLINDS, GARAGE DOOR OPENER, GARAGE SHELVING, SECOND REFRIGERATOR, BEVERAGE REFRIGERATOR, MURPHY BED, SURROUND SOUND SPEAKERS,
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Schools
Schools serving 5383 Mariner's Cove Dr #405
School District:Waunakee Community School District
| Name | Grades | Distance |
|---|---|---|
Arboretum Elementary School 1350 Arboretum Drive, Waunakee, WI 53597 | K-4 | 1.9 mi |
Waunakee Intermediate School 6273 Woodland Drive, Waunakee, WI 53597 | 5-6 | 3.9 mi |
Waunakee Middle School 1001 South Street, Waunakee, WI 53597 | 7-8 | 3.4 mi |
Waunakee High School 301 Community Drive, Waunakee, WI 53597 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5383 Mariner's Cove Dr #405
Date
Details
Price
Change
Source
7/30/2026
Listed
$499,900
20.46%
MLS
6/30/2020
Sold
$415,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5383 Mariner's Cove Dr #405
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,919
-10%
$334,100
30%
2024
$4,375
-2%
$257,700
—
2022
$4,460
10%
$257,700
—
2022
$4,073
4%
$257,700
—
2021
$3,935
5%
$257,700
—
2020
$3,757
1%
$257,700
—
2019
$3,702
23%
$257,700
42%
2018
$3,014
—
$181,500
—
2017
$3,001
1%
$181,500
—
2016
$2,963
1%
$181,500
—
2015
$2,926
4%
$181,500
—
2014
$2,821
-10%
$181,500
—
2013
$3,149
—
$181,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5383 Mariner's Cove Dr #405
5383 Mariners Cove Drive #405, Madison, WI 53704 (MLS# 2029245) is a Condo property with 3 bedrooms and 2 full bathrooms. 5383 Mariners Cove Drive #405 is currently listed for $499,900 and was received on July 30, 2026. Want to learn more about 5383 Mariners Cove Drive #405? Do you have questions about finding other Condo real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

