Lot 1-2 Gray Rd #1, 2, Deforest, WI 53532
FOR SALE
9.88 ACRES

Lot 1-2 Gray Rd #1, 2
Deforest, WI 53532

    $1,225,000

    Original price: $1,250,000
    Est. Mortgage $6,285/mo*

    $1,225,000

    Original price: $1,250,000
    Est. Mortgage $6,285/mo*
    (on 9.88 acres)

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    Description

    PRICE REDUCTION - Take advantage of this ready-to-develop investment opportunity in Windsor, WI. This 9.883-acre property is city-approved for a 122-unit multi-family complex, boasting a strategic location at the intersection of Gray Rd & CTH CV. The proposed development includes 12 studios, 48 one-bedroom, and 62 two-bedroom apartments across a 4-story building. With 22 garage parking stalls and 162 surface parking spaces, convenience is key for residents. The project has city approval until May 23, 2026 with potential for an extension upon request. Perfectly situated just 7 miles from Madison's East Side, this property offers a blend of suburban tranquility and urban accessibility. * Seller could stay part of the development entity for the approved plans if needed

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago

    Home Details for Lot 1-2 Gray Rd #1, 2

    Active Status

    MLS Status: Active

    Interior Features

    Appliances & Utilities
    Utilities: Natural Gas Connected, Electricity Connected
    Gas & Electric
    Has Electric on Property

    Exterior Features

    Frontage
    Not on Waterfront
    Water & Sewer
    Sewer: Public Sewer

    Days on Market

    Days on Market: 180+

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 091029287101

    Price & Status

    Price
    List Price: $1,225,000

    Location

    Direction & Address
    City: Windsor
    School Information
    Elementary School: Call School DistrictElementary School District: DeforestJr High / Middle School: Call School DistrictJr High / Middle School District: DeforestHigh School: Call School DistrictHigh School District: Deforest

    Agent Information

    Listing Agent
    Listing ID: 2008738

    HOA

    Association for this Listing: South Central Wisconsin MLS

    Lot Information

    Lot Area: 9.88 Acres

    Offer

    Listing Terms: Sell in Entirety

    Miscellaneous

    Mls Number: 2008738Living Area Range Units: Square FeetMunicipality: Windsor

    Additional Information

    Source Internet Entire Listing Display
    Last check for updates: about 2 hours ago
    Listing courtesy of Jim Stopple, (608) 268-4912
    Madison Property Management, Inc.
    Tony Xiong, (608) 268-4987
    Madison Property Management, Inc.
    Originating MLS: South Central Wisconsin MLS
    Source: WIREX MLS, MLS#2008738
    Also Listed on WIREX MLS.

    Price History for Lot 1-2 Gray Rd #1, 2

    DatePriceEventSource
    02/05/2026$1,225,000PriceChange
    WIREX MLS #2008738
    01/05/2026$1,250,000PriceChange
    WIREX MLS #2008738
    12/04/2025$1,743,000PriceChange
    WIREX MLS #2008738
    09/15/2025$1,793,000Listed For SaleWIREX MLS #2008738

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    Comparable Sales for Lot 1-2 Gray Rd #1, 2

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.41
    Lot/Land
    $325,000
    06/16/25
    -
    -
    0.14
    Lot/Land
    $135,000
    03/27/26
    -
    -
    0.75
    Lot/Land
    $192,750
    12/01/25
    -
    -
    0.75
    Lot/Land
    $192,750
    12/01/25
    -
    -
    0.88
    Lot/Land
    $2,100,000
    07/24/25
    -
    -
    0.68
    Lot/Land
    $106,600
    12/10/25
    -
    -
    0.69
    Lot/Land
    $109,900
    08/22/25
    -
    -
    0.69
    Lot/Land
    $114,900
    08/22/25
    -
    -
    0.70
    Lot/Land
    $116,300
    11/03/25
    -
    -
    0.70
    Lot/Land
    $119,900
    02/13/26
    -
    -

    Assigned Schools

    These are the assigned schools for Lot 1-2 Gray Rd #1, 2.
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    What Locals Say about Windsor

    At least 29 Trulia users voted on each feature.
    • 97 % Say people would walk alone at night

    • 91 % Say parking is easy

    • 91 % Say car is needed

    • 90 % Say it's dog friendly

    • 82 % Say yards are well-kept

    • 82 % Say kids play outside

    • 76 % Say it's quiet

    • 70 % Say there's holiday spirit

    • 66 % Say neighbors are friendly

    • 59 % Say streets are well-lit

    • 57 % Say there are sidewalks

    • 48 % Say there are community events

    • 45 % Say there's wildlife

    • 37 % Say they plan to stay for at least 5 years

    • 26 % Say it's walkable to restaurants

    • 15 % Say it's walkable to grocery stores

    Learn more about our methodology.
    • Ayang1127
      "Large yards, quiet neighbors, and minimal traffic streets. Dog park and trails near by too within walking distance "
    • Jmclain
      "Great place to raise a family. Safe at night. Good schools and friendly neighbors are a plus. Roads well maintained and a nice pArk nearby. "
    • Lmickeymouse1
      "this neighborhood isn't special, we live across from Windsor Breads. They like to park at the end of people's driveways, and it's hard to see around cars,alot of times customers block driveways. Windsor Breads, dont clear front for parking in the winter ,for there customers to park, it's very dangerous. "
    • Erv135xx
      "I lived here 40 plus year and.they have a nice 3 mile walking path along a check and woods very nice used a lot"
    • Kristen M.
      "Beautiful secluded quiet neighborhood close enough to highway 19 to get anywhere quickly but far enough off the beaten path to have only local traffic in the neighborhood."
    • Matthew
      "I have visited family in the area numerous times and we love it!!!"

    LGBTQ Local Legal Protections

    Jim Stopple, Madison Property Management, Inc.
    Agent Phone: (608) 268-4912
    Information is supplied by seller and other third parties and has not been verified. Copyright 2026 – WiREx – All Rights Reserved
    Lot 1-2 Gray Rd #1, 2, Deforest, WI 53532 is a lot/land. This property is currently available for sale and was listed by WIREX MLS on Sep 15, 2025. The MLS # for this home is MLS# 2008738.