# 5323 Carnation Way, Waunakee, WI 53597

> **TL;DR:** land, $1,900,000. Est. $8,233/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,900,000 |
| Lot Size | 158,123 sqft (3.63 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $8,233 |
| **Total** | **$8,233** |

## Nearby Schools

- **Elementary:** Heritage
- **Middle:** Waunakee
- **High:** Waunakee

## Property Highlights

- 3.63 acre lot

## Description

### AI Summary
The 3.63 acre parcel at 5323 Carnation Way offers a sizable tract of land positioned just off Highway Q. Surrounded by established residential neighborhoods, the lot provides convenient access and visibility within Waunakee. The property is zoned for development and is described as ready to move through the entitlement process. With a list price of $2,500,000, this land listing stands apart from the typical home offerings in the local market, where the median sale price is $467,400. The lot is classified as other exterior and contains no existing structures, bedrooms, or finished living space. Its size and location create a straightforward opportunity for buyers seeking ground ready for future planning in Waunakee.

### Agent Description
3.63 Acres of Development Land. Prime opportunity just off Highway Q, surrounded by established residential neighborhoods. Convenient location with great visibility and access, ready to be taken through the entitlement process.

## Location

- **Address:** 5323 Carnation Way, Waunakee, WI 53597
- **County:** Dane
- **Coordinates:** 43.120138, -89.473425
- **Google Maps:** https://www.google.com/maps?q=43.120138,-89.473425

## Listing Agent

- **Name:** Michele Narowetz
- **Brokerage:** Stark Company, REALTORS
- **Phone:** 6085130622
- **Email:** michelenarowetz@gmail.com

## Primary Photo

![5323 Carnation Way - Primary Photo](http://lh.rdcpix.com/cefc3aa22838c7c2bb46732a779a9adal-f3435532539r.jpg)

*11 total photos available on [listing page](https://www.propertysimple.com/listing/5323-carnation-way-waunakee-wi-53597-2008450)*

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**MLS#:** 2008450 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/5323-carnation-way-waunakee-wi-53597-2008450)

---

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