4880 Otteson Lane Eau Claire, WI 54701
54,832 sqft · 4.26 acres · Built 1998
Listed 1 month ago
About 4880 Otteson Lane
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.
Property Details
- Above Grade Finished
- 39,861 sq ft
- Below Grade Finished
- 2,875 sq ft
- Lot Dimensions
- 727 x 1254 x
- Possession
- Subject To Tenant Rights
- Zoning
- Residential-Multifamily
- Heating
- Hot Water, Other, See Remarks
- Cooling
- Other, See Remarks, Wall Units, Wall Window Units
- Electric
- Circuit Breakers
- Water
- Public
- Sewer
- Public Sewer
- Foundation
- Poured
- Construction
- Brick, Stucco, Vinyl Siding
- Appliances
- Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Range Hood, See Remarks, Washer
- Interior Features
- Ceiling Fans
- Accessibility
- Accessible Elevator Installed, Other, Accessible Doors, Accessible Hallways, Accessibility Features
- Basement
- Partial, Partially Finished
- Exterior Features
- Sprinkler Irrigation
- Patio & Porch
- Concrete, Deck, Patio
- Parking
- Asphalt, Driveway, Garage Door Opener
- County
- Eau Claire
- Township
- City of Eau Claire
- Directions
- Gateway Dr. to Otteson Lane
- Parcel Number
- 1822122709264309012
- Exclusions
- Sellers Personal, Tenants Personal
- Legal Description
- LOT 1 CSM 722536 REC V 7 P 234 BEING PRT SW SE 26-27-9. Seller is a licensed WI Broker. 3rd party measurements required to verify accuracy.
Location
- Parks
- Boat landings
- Bike trails
- Grocery
- Hospital
- Gas
What's Near 4880 Otteson Ln, Eau Claire
Nearby Parks
- 0.6 mi
- 0.7 mi
- 0.9 mi
Nearby Boat Landings
- 4.2 mi
- 13.7 mi
Nearby Bike Trails
- 3 mi
- 3.2 mi
- 3.3 mi
Eau Claire Area Schools
Eau Claire Area School District
- Elementary
- Robbins Elementary School official site →
School assignments are sourced from public data and may change. Confirm directly with the district before relying on assignment.
Eau Claire Property Taxes
- Annual tax
- $63,457.88 (2025)
- Parcel #
1822122709264309012- County
- Eau Claire
Tax history or assessment detail: Search Eau Claire County property records ↗ — paste the parcel number above when prompted.
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