5401 Tonyawatha Trail, Monona
$2,000,000 - 3 Beds, 4 Baths, 2,392 Sf
MLS® # 2030660, 8 days, Offer-No Show
Monona Real Estate Guide
Nestled up along the eastern shoreline of Lake Monona, real estate in this city is greatly influenced by the lake. Monona properties includes lakefront homes with gorgeous sunset views, traditional ranch style homes in established neighborhoods, andcondos with modern designs. The quality of life in Monona is unique among Dane County communities. No matter where you live in Monona, you’re just a stone’s throw away from a community park or beach!
Looking for more properties on this side of town? Visit our community profile for the near east side of Madison. Our profile includes information on all of the near east side neighborhoods and condo developments located on or near Lake Monona.
Monona Real Estate Listings
- $200,000 - $300,000
- $300,000 - $400,000
- $400,000 - $500,000
- $500,000 - $600,000
- $600,000 - $700,000
- $700,000 - $800,000
- $800,000 - $900,000
- Over $1,000,000
17 Properties Found. Page 1 of 3.
New Listing
603 Owen Road, Monona
$895,000 - 4 Beds, 3 Baths, 2,759 Sf
MLS® # 2028151, 4 days, Offer-No Show
#201 - 4001 Monona Drive, Monona
$874,999 - 2 Beds, 2 Baths, 2,184 Sf
MLS® # 2031985, 10 days, Offer-Show
New Listing
#404 - 4101 Monona Drive, Monona
$864,900 - 3 Beds, 2 Baths, 2,142 Sf
MLS® # 2032343, 4 days, Offer-Show
#204 - 4001 Monona Drive, Monona
$795,000 - 2 Beds, 2 Baths, 2,184 Sf
MLS® # 2028951, 38 days, Active
Recent Monona WI Home Sales
| Address | Sold Price | Sold Date | Bed | Bath | Sqft. | Price Per Sqft |
|---|---|---|---|---|---|---|
| 211 Femrite Drive | $585,000 | 2026-09-08 | 3 | 3.50 | 2660 | $220 |
| 6208 Westgate Road | $450,000 | 2026-09-04 | 3 | 2.00 | 1658 | $271 |
| #306 - 101 Ferchland Place | $534,900 | 2026-08-31 | 2 | 2.00 | 1189 | $450 |
| #302 - 4101 Monona Drive | $911,000 | 2026-08-31 | 2 | 2.00 | 2246 | $406 |
| 4712 Rothman Place | $570,000 | 2026-08-28 | 5 | 3.00 | 1950 | $292 |
| 6201 Winnequah Road | $2,100,000 | 2026-08-27 | 5 | 2.50 | 5211 | $403 |
| 1004 Birch Haven Circle | $1,200,000 | 2026-08-24 | 2 | 3.00 | 2374 | $505 |
| 5308 Midmoor Road | $1,400,000 | 2026-08-21 | 4 | 3.00 | 4525 | $309 |
| 5723 Tonyawatha Trail | $1,950,000 | 2026-08-17 | 3 | 3.50 | 3717 | $525 |
| 4803 Shore Acres Road | $394,000 | 2026-08-04 | 3 | 1.00 | 1261 | $312 |
| 222 Shato Lane | $325,000 | 2026-08-03 | 2 | 2.00 | 1440 | $226 |
| 408 Sethne Court | $485,000 | 2026-07-31 | 3 | 2.00 | 2318 | $209 |
| 4707 Winnequah Road | $513,000 | 2026-07-29 | 4 | 1.50 | 2350 | $218 |
| 5205 Midmoor Road | $660,000 | 2026-07-29 | 3 | 2.50 | 2975 | $222 |
| 6105 Queens Way | $430,000 | 2026-07-28 | 3 | 1.00 | 1500 | $287 |
| 113 Shato Lane | $330,000 | 2026-07-24 | 2 | 2.00 | 1410 | $234 |
| 4207 Winnequah Road | $800,000 | 2026-07-24 | 3 | 2.00 | 1980 | $404 |
| 4902 Rothman Place | $440,000 | 2026-07-17 | 2 | 2.50 | 1998 | $220 |
| #8 - 3837 Monona Drive | $895,000 | 2026-07-17 | 3 | 2.50 | 1991 | $450 |
| 5403 Winnequah Road | $380,000 | 2026-07-10 | 2 | 1.50 | 1207 | $315 |
Updated Monona Real Estate Trends
Current Listings
- With Accepted Offers: 4
- Without Accepted Offers: 13
- Total Active Listings: 17
- % with Accepted Offers: 24%
- Months of Inventory: 1.7
Sold 09/14/2025 - 09/14/2026
- Total Sold Listings: 90
- Highest Sold Price: $2,100,000
- Lowest Sold Price: $231,000
- Average Sold Price: $596,202
- Median Sold Price: $482,450
* Source: IDX Active & Sold Listings
* Property Types: Lots & Acreage, Single Family, Condo
Research Neighborhoods in Madison WI Suburbs:
More about Monona, WI
Monona real estate is conveniently located near the Beltline, the Atwood Avenue corridor, and Madison’s near east side, making the city an easy choice for many local home and condo buyers.
With miles of Lake Monona shoreline and 330 acres of parks and open spaces, there’s a lot to explore in Monona and there's no mistaking why this area is so popular with buyers. Rent a canoe or kayak at one of the city’s beautiful beaches, or launch your boat at one of three public sites. Get out and explore the natural world by visiting the Aldo Leopold Nature Center, a unique educational resource with a variety of interactive programs about the environment. Or ride your bike along the Lake Monona loop, and enjoy the inspiring views along the way.
A small town atmosphere still exists in Monona, where the lakefront fireworks, city festival, and Memorial Day parade are annual events. Monona offers a great variety of recreations, including a public golf course, a city pool, a new library, and a total of seven schools that comprise the Monona Grove School District. Come and see for yourself why so many Madison area residents love Monona!
Choosing Real Estate in Monona, Wisconsin
The Belle Isle and Frost Woods neighborhoods are two lakeside subdivisions with active neighborhood associations. Real estate in these neighborhoods ranges from mid-century homes to expansive homes located along the lake. Common architectural styles in Monona include Cape Cod, bungalow, and ranch style homes – while some small cottages, remnants from the early 1900s, still dot the perimeter of the lake. Monona is also home to some of the most impressive lakefront real estate in all of Dane County.
Monona offers some attractive options for prospective condo buyers, including the Crawford’s Landing condominiums on East Broadway Street. In the higher end segment, the Water Crest condos on Ferchland Place rise high above the lake, offering incredible sunset views.
Need more information about Monona real estate?
We can help you buy or sell a house in the Dane County area. Create a custom home search to find more properties for sale in this area. Contact us online or by phone at 608-852-7071 for a free consultation.