Paragon Place at Bishops Bay Apartments

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5240 Bishops Bay Pkwy, Waunakee, WI 53597
(608) 292-2560
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Paragon Place at Bishops Bay

5240 Bishops Bay Pkwy
Waunakee, WI 53597
(608) 292-2560
Paragon Place at Bishops Bay in Waunakee, WI - Building Photo
  • 1–2 Bedrooms
  • $1,615-$2,421Pricing
  • 775–1,386Square Feet

Rent Specials

One month free on select one-bedroom apartments when you move in by 11/30/25 with a 10-month lease or longer.

Ask Us About Our Specials

About Paragon Place at Bishops Bay

Paragon Place Luxury Apartments: Middletons Community of Bishops Bay with upscale amenities and gorgeous views. Pet friendly! Take a tour prepare to be impressed!

Paragon Place at Bishops Bay is located in the 53597 Zip code of Waunakee, WI.

Unique Features and Amenities

  • ...* In Select Units
  • 24-Hour Internet Cafe & Coffee Bar With Free Wi-FI
  • Bike Racks
  • Bike Trails
  • Carpeting
  • Cathedral and tray ceilings in select apartments
  • Ceiling Fan
  • Central Air Conditioning
  • Close to Restaurants and Shopping
  • Clubhouse With Billiards, Darts, Bar & Lounge
  • Controlled-Access Lobby
  • Electronic Thermostat
  • Exclusive golf course and park views
  • Expansive Private Patio or Balcony
  • Firepit With Surround Seating
  • Fireplace in select apartments
  • Fireplace In Select Apartments*
  • Granite or Quartz Countertops
  • Internet Cafe
  • In-unit Storage*
  • Kohler Gooseneck Faucets
  • Near Floor-To-Ceiling Windows
  • Open Concept Kitchens
  • Outdoor Entertainment W/Grilling Station, Food Prep Area, Pergola & More
  • Oversized & Walk-In Closets
  • Pet Friendly And Pet Free Zones
  • Plank Floors
  • Private Washer & Dryer
  • Rentable storage lockers
  • Smoke-Free Community
  • Solid Core Doors To Minimize Noise
  • Solid-core bedroom and bathroom doors
  • Stainless Steel Appliances

See All Amenities

Property Contact Info

Floorplan Pricing and Availability

Paragon Place at Bishops Bay offers 1 to 2 Bedroom apartments starting from $1,615 and having 775–1,386 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    Floorplan A1

    From $1,615

    1 Bed, 1 Bath, 775 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,645Available Now233788
    $1,615 November 4, 2025133788
    $1,617 November 4, 2025215775

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Ceiling Fans
    • Fireplace
    • High Speed Internet Access
    • Smoke Free
    • Storage Space
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Microwave
    • Quartz Countertops
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $1,615 - $1,849

    Current Available Pricing

    • $1,615 - $1,645

    Unit 233 Rent and Fees

    Unit Price

    • $1,645

    Model Rent and Fees

    Model Price Range

    • $1,615 - $1,849

    Unit 133 Rent and Fees

    Unit Price

    • $1,615

    Model Rent and Fees

    Model Price Range

    • $1,615 - $1,849

    Unit 215 Rent and Fees

    Unit Price

    • $1,617

    Model Rent and Fees

    Model Price Range

    • $1,615 - $1,849

    Floorplan A2

    1 Bed, 1 Bath, 844 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityA2844 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • High Speed Internet Access
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Microwave

    Living Space

    • Walk-In Closets

    Floorplan A3

    1 Bed, 1 Bath, 945 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityA3945 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • High Speed Internet Access
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Microwave

    Living Space

    • Walk-In Closets

    Floorplan A4

    1 Bed, 1 Bath, 947 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityA4947 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • High Speed Internet Access
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Microwave

    Living Space

    • Walk-In Closets

    Floorplan A5

    1 Bed, 1 Bath, 953 sq ft
     
    Largest 1 BedroomThis is the largest 1 Bedroom at this Property

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityA5953 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • High Speed Internet Access
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Microwave

    Living Space

    • Walk-In Closets
    Show Unavailable Floorplans
  • 2 Bedrooms

    Floorplan E4

    From $1,999

    2 Beds, 2 Baths, 1110 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,999Available Now3281110

    Unit 328 Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • High Speed Internet Access
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Microwave

    Living Space

    • Walk-In Closets

    Unit 328 Rent and Fees

    Unit Price

    • $1,999

    Model Rent and Fees

    Model Price Range

    • $1,999 - $2,421

    Floorplan E1

    2 Beds, 2 Baths, 1053 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityE11053 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • High Speed Internet Access
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Microwave

    Living Space

    • Walk-In Closets

    Floorplan E2

    2 Beds, 2 Baths, 1053 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityE21053 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • High Speed Internet Access
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Microwave

    Living Space

    • Walk-In Closets

    Floorplan E3

    2 Beds, 2 Baths, 1110 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityE31110 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • High Speed Internet Access
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Microwave

    Living Space

    • Walk-In Closets

    Floorplan E5

    2 Beds, 2 Baths, 1120 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityE51120 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • High Speed Internet Access
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Microwave

    Living Space

    • Walk-In Closets

    Floorplan E6

    2 Beds, 2 Baths, 1146 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityE61146 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • High Speed Internet Access
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Microwave

    Living Space

    • Walk-In Closets

    Floorplan E7

    2 Beds, 2 Baths, 1165 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityE71165 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • High Speed Internet Access
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Microwave

    Living Space

    • Walk-In Closets

    Floorplan E8

    2 Beds, 2 Baths, 1220 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityE81220 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • High Speed Internet Access
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Microwave

    Living Space

    • Walk-In Closets

    Floorplan E9

    2 Beds, 2 Baths, 1349 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityE91349 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • High Speed Internet Access
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Microwave

    Living Space

    • Walk-In Closets

    Floorplan E10

    2 Beds, 2 Baths, 1349 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityE101349 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • High Speed Internet Access
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Microwave

    Living Space

    • Walk-In Closets

    Floorplan E11

    2 Beds, 2 Baths, 1386 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityE111386 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • High Speed Internet Access
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Microwave

    Living Space

    • Walk-In Closets

    Floorplan E12

    2 Beds, 2 Baths, 1386 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityE121386 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Ceiling Fans
    • Fireplace
    • High Speed Internet Access
    • Smoke Free
    • Storage Space
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Microwave
    • Quartz Countertops
    • Refrigerator
    • Stainless Steel Appliances
    Show Unavailable Floorplans
Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (608) 292-2560 to schedule a tour.

Matterport 3D Tours

Property Information

Fees and Policies

Pet Policy and Fees

Dogs

  • 2 Pet Limit
  • $40 Monthly Pet Rent
  • $60 Fee

$40 for first pet per month. $30 for 2nd pet per month. | Restrictions: The 1st and 2nd floors are pet-friendly. The 3rd floor is pet-free.

Cats

  • 2 Pet Limit
  • $40 Monthly Pet Rent

$40 for first pet per month. $30 for 2nd pet per month. | Restrictions: The 1st and 2nd floors are pet-friendly. The 3rd floor is pet-free.

Parking Info and Fees

Surface Lot
Other
Garage ParkingiTemperature-controlled, underground parking available.
  • Assigned Parking

Features and Amenities

On-Site Services

  • Maintenance On Site
  • Property Manager On Site
  • Recycling

Community Features

  • Lounge
  • Walk Up
  • Business Center
  • Clubhouse
  • Elevator

Outdoor Features

  • Grill
  • Controlled Access
  • Patio

Recreation and Fitness

  • Fitness Center
  • Walking/Biking Trails
  • Pool

Interior Features

  • Balcony
  • Storage Space
  • Ceiling Fans
  • Fireplace
  • High Speed Internet Access
  • Cable Ready
  • Washer/Dryer
  • Air Conditioning
  • Wi Fi
  • Smoke Free

Kitchen Amenities

  • Disposal
  • Stainless Steel Appliances
  • Kitchen
  • Quartz Countertops
  • Refrigerator
  • Microwave
  • Dishwasher

Living Area Features

  • Walk In Closets
  • Floor To Ceiling Windows
  • Window Coverings

Unique Amenities

  • Garage Available
Google Map

Map

5240 Bishops Bay Pkwy, Waunakee, WI 53597

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday10:00 am–5:00 pm
Tuesday10:00 am–5:00 pm
Wednesday10:00 am–5:00 pm
Thursday10:00 am–5:00 pm
Friday10:00 am–5:00 pm
SaturdayClosed
SundayClosed

Getting Around

Walk Score®

8 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

18 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Paragon Place at Bishops Bay

Where is Paragon Place at Bishops Bay located?

Paragon Place at Bishops Bay is located at 5240 Bishops Bay Pkwy, Waunakee, WI

What is the current rent range at Paragon Place at Bishops Bay?

1 Bedroom to 2 Bedroom Apartments at Paragon Place at Bishops Bay currently range from $1,615 to $1,999

When is the leasing office open?

  • The office Hours for Paragon Place at Bishops Bay are
  • Monday 10:00 am–5:00 pm
  • Tuesday 10:00 am–5:00 pm
  • Wednesday 10:00 am–5:00 pm
  • Thursday 10:00 am–5:00 pm
  • Friday 10:00 am–5:00 pm
  • Saturday Closed
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Are there any rent specials?

The current rent special at Paragon Place at Bishops Bay is: One month free on select one-bedroom apartments when you move in by 11/30/25 with a 10-month lease or longer..

Renters Reviews and Ratings

5.0
9 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
  • Verified Renter

    August 15, 2025
    Paragon Place is a great place to live I am so happy I decided to move to Paragon Place at Bishops Bay. The apartment is large and comfortable, it’s quiet but close to Middleton and Waunakee shopping and restaurants. Maintenance requests are few, but resolved quickly. The Community events are hosted well and provide an opportunity to meet neighbors.
    • Property Manager Responded

      August 16, 2025
      Thank you for your positive feedback! Our goal is to continue to provide a 5-star experience. We appreciate you and your residency.
    Review from Apartments.com
  • Verified Renter

    August 15, 2025
    I like this place. I’m impressed with the quietness and cleanliness. Still worried about the crooked tree in front of 5216. Sara
    • Property Manager Responded

      August 16, 2025
      Thank you for your positive feedback! Our goal is to continue to provide a 5-star experience. We appreciate you and your residency.
    • Property Manager Responded

      August 31, 2025
      Hello Sara, Thank you for your positive feedback! Our goal is to continue to provide a 5-star experience. The Property Manager shared that your concern about the tree was discussed and addressed. We appreciate you and your residency!
    • Property Manager Responded

      September 9, 2025
      Hello Sara, Thank you for your positive feedback! Our goal is to continue to provide a 5-star experience. The Property Manager shared that your concern about the tree was discussed and addressed. We appreciate you and your residency!
    Review from Apartments.com
  • Verified Renter

    February 18, 2025
    Quiet, Clean & Convenient I enjoy living at this apartment complex which is quiet, clean and convenient to Madison where I work. There are many trails nearby and a beautiful park.
    • Property Manager Responded

      February 19, 2025
      We hope to always provide a great experience. Don’t hesitate to reach out if there’s a way we can improve serving you. Thanks again!
    Review from Apartments.com
  • Verified Renter

    February 15, 2025
    Not clean as it used to be Hi… the hallways are not vacuumed for weeks. I can see the same dirt siting on the carpet. At least in building 5216. Anyways, the same seems to be true with the entrances. Other than that it remains a nice spot to live in.
    • Property Manager Responded

      February 18, 2025
      Thanks for visiting! It means so much when customers share their positive experiences with us. Thank you for your review.
    Review from Apartments.com
  • Verified Renter

    February 15, 2025
    Home :) We have been living here for 9 years and it's been great! The building and common areas are well kept and clean. Jenifer, the property manager is always kind and helpful. Every possible effort is made to make life pleasant!
    • Property Manager Responded

      February 16, 2025
      Thank you for your positive feedback! Our goal is to continue to provide a 5 star experience. We appreciate you and your business.
    Review from Apartments.com
  • Verified Renter

    February 15, 2025
    Maintenance Kyle is doing a great job. When something breaks down he is fast and efficient.
    • Property Manager Responded

      February 16, 2025
      There’s nothing better than hearing our customers’ positive feedback! Thanks for sharing your experience with us.
    Review from Apartments.com
  • Verified Renter

    November 24, 2024
    Great place to live I thoroughly enjoy my apartment home at Paragon Place.
    • Property Manager Responded

      November 26, 2024
      Thanks for the review! We appreciate you taking the time to share your feedback. Please let us know if we can do something to make your experience even better!
    Review from Apartments.com
  • Very nice place!

    April 19, 2021
    It is a place that you can call home! It is cozy, spacious, clean, friendly... all you can ask for a luxury home. The management is outstanding and after 3 years of living here I can assure you that this place will make you happy.
    Review from Apartments.com
  • Great Apartment and Affordable

    May 13, 2020
    Great apartment for the price, well kept and modern apartment. Very quiet and polite residents. Office staff is great to work with, plenty of amenities and great surrounding community. Comfortable location from Middleton and short drive to downtown Madison. Extremely happy with this apartment as a young professional
    • Property Manager Responded

      January 15, 2024
      We're so happy that you're happy! Thank you for taking the time to share your experience.
    Review from Apartments.com

Nearby Schools

Waunakee High

Waunakee Community
301 Community Drive
Public School - Grades 9-12 (1327 Students)
In Attendance Zone9 minute drive / 4.2 miles away
8/10

Waunakee Middle

Waunakee Community
1001 South Street
Public School - Grades 7-8 (682 Students)
In Attendance Zone8 minute drive / 4.1 miles away
5/10

Waunakee Intermediate

Waunakee Community
6273 Woodland Drive
Public School - Grades 5-6 (635 Students)
In Attendance Zone7 minute drive / 3.6 miles away
9/10

Waunakee Heritage Elementary

Waunakee Community
501 South Street
Public School - Grades PK-4 (547 Students)
In Attendance Zone9 minute drive / 4.6 miles away
6/10
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from Paragon Place at Bishops Bay.

Arts Museums and Landmarks

Madison Museum of Contemporary Art

227 State Street
11 minute drive / 5.16 miles away

Overture Center for the Arts

201 State Street
11 minute drive / 5.18 miles away

Wisconsin Capitol Building

2 East Main Street
11 minute drive / 5.41 miles away

Big Box and Retail

Walgreens

6640 University Ave
4 minute drive / 2.01 miles away

Costco

2150 Deming Way
6 minute drive / 3.0 miles away

Jcpenney

23 W Towne Mall
9 minute drive / 4.58 miles away

Colleges and Universities

University of Wisconsin at Madison

500 Lincoln Dr
7 minute drive / 3.38 miles away

Edgewood College

1000 Edgewood College Drive
10 minute drive / 4.9 miles away

Madison Area Technical College - Truax Campus

1701 Wright Street
14 minute drive / 6.82 miles away

Groceries

Whole Foods

4710 Madison Yards Way
6 minute drive / 3.19 miles away

Piggly Wiggly

205 N Holiday Dr
10 minute drive / 5.07 miles away

Hy-Vee

2920 Fitchrona Rd
15 minute drive / 7.39 miles away

Hospitals

University Of Wisconsin Hospitals And Clinics Authority

600 Highland Avenue
7 minute drive / 3.61 miles away

Mendota Mental Health Institute

301 Troy Dr
8 minute drive / 3.83 miles away

Meriter Hospital

202 S Park St
11 minute drive / 5.14 miles away

Parks and Recreation

Lakeshore Nature Preserve

610 Walnut Street
8 minute drive / 3.78 miles away

Paragon Place at Bishops Bay has 1 park within 3.8 miles, including Lakeshore Nature Preserve.

Shopping Centers

Middleton Springs

2502-2608 Allen Blvd
4 minute drive / 1.51 miles away

Middleton Hills Retail Center

6711 Frank Lloyd Wright Ave
5 minute drive / 1.67 miles away

On The Avenue

6661 University Ave
4 minute drive / 2.12 miles away

Paragon Place at Bishops Bay has 5 shopping centers within 2.8 miles.

Nearby Neighborhoods

Studio to 3 Bedroom Apartments from $965
View Rentals
Studio to 3 Bedroom Apartments from $800
View Rentals
Studio to 3 Bedroom Apartments from $899
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Waunakee Studio Apartments $1,322$965$1,705
Waunakee 1 Bedroom Apartments $1,533$990$2,450
Waunakee 2 Bedroom Apartments $1,937$1,200$3,520
Waunakee 3 Bedroom Apartments $1,827$1,219$3,550

Browse Top Apartments in Waunakee

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Viewing: Paragon Place at Bishops Bay | Desktop Version | Listing Updated: 10/03/2025 | AHLGLD