$5,300,000
4880 Otteson Lane #1-36 Eau Claire, WI 54701
For Sale MLS# 1599391
42,736 sq ft Single Family
Details for 4880 Otteson Lane #1-36
MLS# 1599391
Description for 4880 Otteson Lane #1-36, Eau Claire, WI, 54701
Introducing a rare and highly versatile investment opportunity on Eau Claire’s desirable southside. This 36-unit independent living community offers immediate income potential with significant upside for future expansion and repositioning. Purposefully designed as a 55+ independent living property, this asset presents a unique opportunity for investors or operators to evolve the property into a full-service Continuing Care Retirement Community (CCRC). With the ability to incorporate assisted living, memory care, or layered home health services, the possibilities for increased revenue streams and long-term value creation are substantial. The property was thoughtfully constructed to accommodate a future two-story expansion, with excess land available for an additional wing—allowing a seamless scale-up of operations without compromising the existing structure. Nestled in a private, wooded setting, the site offers a peaceful and highly sought-after environment for residents, while still being conveniently located on Eau Claire’s southside. Its positioning is especially strategic—situated between two established Continuing Care Retirement Communities—reinforcing the area’s strong demand and proven senior housing market.
Listing Information
Property Type: Residential, Apartment
Status: Active
Lot Size: 4.26 Acres
Square Feet: 42,736 sq ft
Year Built: 1998
Construction: Brick,Stucco,Vinyl Siding
Foundation: Poured
Number Of Units Total: 37
County: Eau Claire
Days On Market: 1
School Information
District: Eau Claire Area
Interior Features
Square Footage above: 39,861 sq ft
Square Footage below: 2,875 sq ft
Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer, Oven, See Remarks, Range Hood, Electric Water Heater
Basement: Partial, Partially Finished
Accessibility: Other, Accessibility Features, Accessible Elevator Installed, Accessible Doors, Accessible Hallway(s)
Additional Interior Features: Ceiling Fan(s)
Utilities
Water: Public
Sewer: Public Sewer
Cooling: See Remarks, Wall Unit(s), Wall/Window Unit(s), Other
Heating: Hot Water, Other, See Remarks
Exterior / Lot Features
Parking Description: Garage Door Opener, Asphalt, driveway
Lot Dimensions: 727 x 1254 x
Zoning: Residential-Multifamily
Additional Exterior/Lot Features: Sprinkler/Irrigation, Patio, Concrete, Deck
Driving Directions
Gateway Dr. to Otteson Lane
Financial Considerations
Covenants/Deed Restrictions: Sellers Personal, Tenants Personal
Tax/Property ID: 1822122709264309012
Tax Amount: 63457.88
Tax Year: 2025
A broker reciprocity listing courtesy: GRIP Realty LLC
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Northwestern Wisconsin MLS. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Northwestern Wisconsin MLS. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2026 Northwestern Wisconsin MLS. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 4880 Otteson Lane #1-36
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 4880 Otteson Lane #1-36
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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