Listing Courtesy of: Pinnacle Real Estate Group LLC
Listing Agent: Rachel Kvasnica
Pref: 608-575-6428
Rare shovel-ready development opportunity in Fitchburg! Olive Tree Residences is an approved 20-unit condominium project on approx. 2.28 acres, offering a head start on development with significant entitlement, engineering and site work already complete. Approved plans feature spacious 2–3 bedroom residences, approx. 1,700–2,500 SF, with 2.5–3.5 baths and attached 2-car garages. PDD/SIP zoning approval is recorded, public utility permits are secured, engineering is complete and CAD files are available. Phase I ESA, geotechnical work, remediation, demolition and site clearing are complete. Construction bid interest secured. Bring your builder, investor or development team and move this project toward construction.
| Mls #: | 2021347 |
|---|---|
| List Price: | $1,500,000 |
| Class: | Lots & Acreage |
| Status: | Active |
| Net Taxes: | $2,528 |
| Total Acres: | 2.28 |
| Waterfront Y/N: | No |
| Municipality: | Fitchburg |
| County: | Dane |
| ZIP: | 53713 |
| Location: | Fitchburg-C |
| State: | WI |
| C/T/V: | City |
| Specific Builder Required: | No |
| Zoning: | Res |
| High School: | Lafollette |
| Middle School: | Sennett |
| Elementary: | Call School District |
| Total Assess Year: | 2025 |
| Tax Year: | 2025 |
| Number Of Lots: | 1 |
| Land Assess: | $144,400 |
| Total Assess: | $144,400 |
| Wetland Acreage: | 0 |
| Pasture Acreage: | 0 |
| Tillable Acreage: | 0 |
| Wooded Acreage: | 0 |
| Acres Source: | Assessor |
| County Qtr Section: | West Metro Madison |
| School District: | Madison |
| Parcel Id: | 0709-363-9330-3 |
| $/Acre: | $657,894.74 |
| Type: | 5+ Unit Lot, City, In Condo Plat |
| Present Zoning: | PUD, Single family |
| Lot Description: | Close to busline, Corner |
| Features: | Wooded |
| Topography: | Level |
| Utilities Avail. (To Lot): | Natural gas, Electricity, Telephone, Cable |
| Water System: | Municipal water available |
| Waste Disposal: | Municipal sewer available |
| Road: | Paved |
| Purchase Options: | Sell entirely |
| Available Info: | Cannot be divided, Certified survey, Aerial photos, Topography map, Preliminary plat map, Land use plans |
| Directions: | Hwy 18 to MM to Rimrock road. |
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South Central Wisconsin Multiple Listing Service data last updated on October 08, 2026 04:31 PM - CT.
Property Last Updated: October 08, 2026 04:31 PM - CT
