Manawa Mill PondHomes for Sale

Manawa Mill Pond Homes for Sale

Browse homes, cabins, cottages, and land for sale on the Manawa Mill Pond in Manawa, WI.

Pending
Listing picture for N6367 POND STREET in Manawa
$415,000
4 bds | 2 ba | 3,286 sqft | 2.4 acres | singlefamily
N6367 POND STREET, Manawa - Town of LITTLE WOLF
The data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Wisconsin Real Estate Exchange. All properties are subject to prior sale, changes, or withdrawal. Last Updated 10-26-2026 8:51:33 pm

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About the Manawa Mill Pond

A flash flood on July 5, 2024 severely damaged the Manawa Dam, which had created the 192-acre Manawa Mill Pond. The failure of the dam sent water rushing down the Little Wolf River, flooding downstream shorelines while draining much of what had once been a lake. Today, much of the former lakebed has become a winding river corridor with exposed shoreline and docks extending over dry ground.

The City of Manawa has been exploring options to restore the dam and bring back the Manawa Mill Pond. More information is available on the city's website.

Manawa Mill Pond remains featured on our website, and any properties for sale that once bordered the mill pond will continue to appear on this page. For buyers and investors, the area may also present a unique opportunity to purchase former lakefront properties while speculation continues over the possible restoration of the dam and return of the lake.

Tour the Manawa Mill Pond in Manawa, WI

Manawa Mill Pond Statistics

Location
Directions
County
School District
Postal City
Zip Code
Elevation
Lake Stats
Full Rec
No
Size
192 acres
Ave Depth
6 feet
Max Depth
12 feet
Bottom Sand
60% sand
Water Clarity
Shoreline
5.5 miles
Amenities
Islands
unnamed islands
Water Sources
Three unnamed streams
Water Outlets
Dams
Real Estate
Residential LotsLots zoned residential and not owned by a government body.
44
Vacant LotsResidential lots with less than $20k in assessed improvement value.
7 (16%)
Lots With HomesResidential lots with over $20k in assessed improvement value.
37 (84%)
Primary HomesResidential lots with homes and addresses that matches the mailing addresses of their owners.
32 (86%)
Vacation HomesResidential lots with homes and addresses that do not match the mailing addresses of their owners.
5 (14%)
Home TurnoverThis rate reflects MLS sales only. Many lake properties are sold off market.
1.2 (3.2%)
Ave Assess ValueThe average assessed value of lots on this lake with homes on them.
$142,451
Assessment RatioA state-calculated factor used to align assessed values across municipalities with different revaluation dates.
0.9566
Ave Fair MarketThe average assessed value of lots with homes divided by their muncipal assessment ratios.
$151,089
Total Fair MarketThe total fair market values of all lots on the lake.
$5,677,946

Manawa Mill Pond Market Report

The statistics below compare the past 12 months of home sales to the lake's 5-year average.

Market Summary

  • Inventory: New listings are up 127.3% ▲.

Manawa Mill Pond vs Nearby Lakes

Lake
12-Mo
Listed
12-Mo
Sold
12-Mo
List $
12-Mo
Sold $
12-Mo
DOM
5-Year
Listed
5-Year
Sold
5-Year
List $
5-Year
Sold $
5-Year
DOM
Manawa Mill PondMill Pond
5
0
-
-
-
11
6
$254k
$249k
102
0
0
-
-
-
7
4
$298k
$284k
72
6
2
$600k
$590k
47
17
10
$435k
$434k
80
5
1
$80k
$68k
41
11
4
$261k
$245k
65
2
3
$348k
$343k
131
29
22
$322k
$310k
86
0
1
$325k
$325k
65
7
7
$373k
$379k
92

Next 12 Month Sales Forecast

2
Homes
Listed
2
Homes
Sold

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Wisconsin Lakes
We Speak for Lakes
info@wisconsinlakes.org
(608) 661-4313

For assistance contact:

Dmitri Martin
Manawa Mill Pond Specialist
Rustic Waters Realty

Dmitri Martin Profile Photo

Source of Data: Wisconsin Real Estate Exchange (WIREX). Disclaimer of Use: Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Disclaimer of Data: Information received from other 3rd parties: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Rustic Waters Realty LLC nor WIREX shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. Copyright: ® 2024 WIREX – All Rights Reserved. Last Updated: 10/27/26