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4880 Otteson Lane #1-36, Eau Claire, WI 54701

Eau Claire
Local realty services provided by:CENTURY 21 Affiliated
4880 Otteson Lane #1-36,Eau Claire, WI 54701
$5,300,000
  • - Beds
  • - Baths
  • 42,736 sq. ft.
  • Multi-family
  • Active
Listed by: mary proznik
Office: grip realty llc.
MLS#:1599391
Source:WI_RANWW

Price summary

  • Price:$5,300,000
  • Price per sq. ft.:$96.66

About this home

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...

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Home facts

  • Year built:1998
  • Listing ID #:1599391
  • Added:109 day(s) ago
  • Updated:July 11, 2026 at 07:18 PM

Rooms and interior

  • Kitchen Description:Dishwasher, Oven, Range, Range Hood, Refrigerator
  • Basement:Yes
  • Basement Description:Partial, Partially Finished
  • Living area:42,736 sq. ft.

Heating and cooling

  • Cooling:Wall Units, Wall Window Units
  • Heating:Hot Water

Structure and exterior

  • Year built:1998
  • Building area:42,736 sq. ft.
  • Lot area:4.26 Acres
  • Construction Materials:Brick, Stucco, Vinyl Siding
  • Exterior Features:Deck, Patio, Sprinkler Irrigation
  • Foundation Description:Poured

Utilities

  • Water:Public

Finances and disclosures

  • Price:$5,300,000
  • Price per sq. ft.:$96.66
  • Tax amount:$63,458 (2025)

Features and amenities

  • Appliances:Dishwasher, Range, Range Hood, Refrigerator, Washer
  • Laundry features:Dryer, Washer

Parking

  • Parking description:Asphalt, Driveway
SCWMLS information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, provided by seller, listing broker, and other parties, may not have been verified. Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved WI_RANWW Member Broker: William Kessler

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