Sold
Last Sold Price
4 beds2,692 sqft$654/sqft
12521 Rice Bay Ln, Manitowish Waters, WI 54545
Single FamilyProperty Type
3.42 acresLot Size
2007Year Built
$654/sq ftPrice per sq ft
1 carParking Spaces

Description

A rare opportunity to own privacy on the MW Chain! 467’ feet southerly facing pure sand frontage with 3.43 acres on Island Lake! Main home was completely gutted and remodeled in 2007 by well-respected top builder Jim Meier Builders! 4BR, 3BA open concept masterpiece offers floor to ceiling fieldstone FP in GR, open kitchen w/center island, dining room w/burled walnut flooring & alder plank walls! Main floor also includes large lakeside MBR suite, lakeside 3 season room, 3 bedrooms, full BA and 1...A rare opportunity to own privacy on the MW Chain! 467’ feet southerly facing pure sand frontage with 3.43 acres on Island Lake! Main home was completely gutted and remodeled in 2007 by well-respected top builder Jim Meier Builders! 4BR, 3BA open concept masterpiece offers floor to ceiling fieldstone FP in GR, open kitchen w/center island, dining room w/burled walnut flooring & alder plank walls! Main floor also includes large lakeside MBR suite, lakeside 3 season room, 3 bedrooms, full BA and 1 car attached garage! LL has FR, utility room and 3rd full BA. Guest quarters above 3 car detached garage offers lakeside 3 season room, kitchenette, 4BR & Full BA. 2007 remodel included Home entertainment system, Elk security system for fire, motion & interior temperature, natural gas generator, new furnace and new C/A. 2013 garage w/guest quarters built with new well to service both. A once in a lifetime opportunity on the Chain!
  • Listed by: LINDA LONG TEAM 715.543.2544 linda@redmanrealtygroup.com • REDMAN REALTY GROUP, LLC
Listing closed: 04/19/2022 07:00 PM • Source: Greater Northwoods MLS, MLS#: 194704

Recent comparable sales

Median sold price

$1,405,000

Avg days on market

47

Sale-to-list ratio

96.8%

Manitowish Waters, WI

9 comparable properties found

$1,385,000 | 13110 Spider Circle, Manitowish Waters, WI 54545
1/42
1

$1,385,000

Sold 04/27/26

4
Bedrooms
2,380
Square Feet
0.7
Acres
$1,377,500 | 5531 Highway 51, Manitowish Waters, WI 54545
1/21
2

$1,377,500

Sold 06/30/25

4
Bedrooms
2,720
Square Feet
5.56
Acres
$1,500,000 | 12784 Red Maple Road, Manitowish Waters, WI 54545
1/71
3

$1,500,000

Sold 10/20/25

4
Bedrooms
3,560
Square Feet
1.7
Acres
$2,190,000 | 5798 Channel Road, Manitowish Waters, WI 54545
1/78
4

$2,190,000

Sold 09/25/25

4
Bedrooms
3,194
Square Feet
0.59
Acres
$1,795,000 | 13695 8 O'Clock, Unit 2 34 AC, Manitowish Waters, WI 54545
1/37
5

$1,795,000

Sold 06/27/25

4
Bedrooms
2,353
Square Feet
2.34
Acres
$1,450,000 | 5524 Highway 51, Unit 4, Manitowish Waters, WI 54545
1/2
6

$1,450,000

Sold 09/30/25

3
Bedrooms
2,977
Square Feet
Unavailable
Acres
$1,425,000 | 5524 Highway 51, Unit 1, Manitowish Waters, WI 54545
1/40
7

$1,425,000

Sold 12/12/25

3
Bedrooms
2,977
Square Feet
Unavailable
Acres
$1,300,000 | 12438 Lafave Road, Manitowish Waters, WI 54545
1/31
8

$1,300,000

Sold 10/06/25

4
Bedrooms
1,729
Square Feet
6
Acres
$585,000 | 12888 Aspen Drive, Manitowish Waters, WI 54545
1/42
9

$585,000

Sold 06/15/26

5
Bedrooms
2,700
Square Feet
1.64
Acres

Location

Listing Courtesy of REDMAN REALTY GROUP, LLC

Sold By REDMAN REALTY GROUP, LLC

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$9,749 per month

30 year fixed, 6.55% Interest

Principal and Interest

$8,946

Property Taxes

$803

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 12521 Rice Bay Lane

Property Details
  • Taxes: $9,633 / year
  • MLS Type: Residential / Single Family Residence
  • County: Vilas County
  • Architectural Style: Chalet Alpine, One Story
  • View: Water
  • Has View: Yes
  • Waterfront Features: Lake Front
  • Has Waterfront: Yes
  • Zoning Description: Residential
Building Information
  • Stories: 1
  • Year Built: 2007
  • Lot Size: 3.42 AC / 148,975 SF
Summary
Location and General Information
  • Directions: From Manitowish Waters take CTH W north to right on CTH K to right on Fallon Rd to left on Rice Bay Lane to property on right
  • Latitude: 46.126659
  • Longitude: -89.791878
  • Township: VI Boulder Junction
  • Water Body Name: ISLAND
Taxes and HOA
  • Parcel Number: 4-427, 4-431-01
  • Tax Annual Amount: $9,633.00
  • Tax Year: 2021
School Information
  • Elementary School: VI North Lakeland
  • High School: ON Lakeland Union
  • Middle Or Junior School: VI North Lakeland
Parking
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Gravel, Attached, Detached, Garage, Heated Garage, Storage, Driveway
Virtual Tour
Property
Lot Information
  • Direction Faces: South
  • Frontage Length: 467.0
  • Frontage Length Remarks: 467
  • Frontage Type: Lakefront
  • Lot Features: Private, Secluded, Sloped, Views, Waterfront
  • Lot Size Square Feet: 148975.0
  • Public Survey Range: 6E
  • Public Survey Section: 18
  • Public Survey Township: 42
  • Road Frontage Type: Unimproved, Easement, Private Road
  • Road Responsibility: Private Maintained Road
  • Road Surface Type: Unimproved
Property and Assessments
  • Above Grade Finished Area: 2412.0
  • Below Grade Finished Area: 280.0
  • Building Area Total: 2692.0
  • Living Area: 2692.0
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2007
Building Features
  • Other Structures: Guest House
  • Construction Materials: Cedar, Frame, Stone, Wood Siding
  • Foundation Details: Block
  • Levels: One
  • Roof: Composition, Shingle
  • Stories: 1
Utilities
  • Sewer: Septic Tank
Interior and Exterior Features
Exterior Features
  • Exterior Features: Dock
  • Patio And Porch Features: Patio, Deck
Interior Features
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
  • Basement: Crawl Space, Interior Entry, Partial, Partially Finished
  • Has Basement: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Cooling: Ceiling Fan(s), Central Air
  • Has Cooling: Yes
  • Fireplace Features: Masonry, Stone, Wood Burning
  • Total Fireplaces: 2
  • Has Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Interior Features: Sound System, Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s), Wired for Sound, Master Downstairs
  • Laundry Features: Washer Hookup, In Basement
  • Room Type: Master Bathroom
  • Water Heater: Electric
Room Information
Room 1
  • Dimensions: 16x20
  • Level: First
  • Type: Great Room
Room 2
  • Dimensions: 11'4x16
  • Level: First
  • Type: Bedroom
Room 3
  • Dimensions: 11x12
  • Level: First
  • Type: Bedroom
Room 4
  • Dimensions: 23x36
  • Level: Basement
  • Type: Living Room
Room 5
  • Level: First
  • Type: Bathroom
Room 6
  • Dimensions: 14'9x24
  • Level: First
  • Type: Master Bedroom
Room 7
  • Dimensions: 14x16
  • Level: First
Room 8
  • Level: Basement
  • Type: Bathroom
Room 9
  • Dimensions: 11x16'6
  • Level: First
  • Type: Dining Room
Room 10
  • Dimensions: 13'6x16'6
  • Level: First
  • Type: Kitchen
Room 11
  • Dimensions: 17x24
  • Level: Basement
  • Type: Utility Room
Room 12
  • Dimensions: 11'4x14'3
  • Level: First
  • Type: Bedroom

Property History for 12521 Rice Bay Lane

DateEvent & SourcePriceAppreciation
Apr 19, 2022

Sold

Greater Northwoods MLS #194704

$1,760,000
Jan 6, 2022

Listed (Active)

Greater Northwoods MLS #194704

$1,895,000
DateEvent & SourcePrice
04/19/2022

Sold

Greater Northwoods MLS #194704

$1,760,000
01/06/2022

Listed (Active)

Greater Northwoods MLS #194704

$1,895,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 12521 Rice Bay Lane

Taxable ValueLand$740,000Additions$540,100Total$1,280,100
Tax Record2025$6,977 ($581 / month)
Home Facts
Beds0Lot Size51,836 SqFtStyleSingle Family ResidenceCountyVILASAPN4-427

Schools near 12521 Rice Bay Lane

This home is within Lakeland Uhs School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
North Lakeland Elementary School
PublicPK to 8

Lakeland High School
Public9 to 12

Lakeland STAR Acad (LSA)
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 54545

$369,000 | 5279 Highway 51, Unit 51, Manitowish Waters, WI 54545
1/40
New

$369,000

3
Bedrooms
2,100
Square Feet
2
Acres
$3,150,000 | 5643 Spider Lake Road, Manitowish Waters, WI 54545
1/73

$3,150,000

4
Bedrooms
3,644
Square Feet
1.6
Acres
$3,000,000 | 5483 Park Road, Manitowish Waters, WI 54545
1/37
Open: 9/6 11:00AM - 01:00PM

$3,000,000

4
Bedrooms
2,522
Square Feet
2.46
Acres
$397,500 | 14495 Manitowish Rvr, Manitowish Waters, WI 54545
1/33
Active Under Contract

$397,500

3
Bedrooms
1,970
Square Feet
1.56
Acres
$399,000 | 14232 Powell Road, Manitowish Waters, WI 54545
1/56
Active Under Contract

$399,000

1
Bedrooms
1,454
Square Feet
13.88
Acres
$2,695,000 | 6380 Cth Street, Manitowish Waters, WI 54545
1/55
Active Under ContractNew Construction

$2,695,000

5
Bedrooms
3,804
Square Feet
1.59
Acres
$724,900 | 13037 Deer Park Road, Unit 4, Manitowish Waters, WI 54545
1/47

$724,900

2
Bedrooms
1,690
Square Feet
$1,950,000 | 12901 Timber Lodge Lane, Manitowish Waters, WI 54545
1/70

$1,950,000

3
Bedrooms
3,113
Square Feet
4
Acres
$2,975,000 | 13033 Sundance Point Lane, Manitowish Waters, WI 54545
1/63

$2,975,000

4
Bedrooms
2,801
Square Feet
1
Acres

Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of REDMAN REALTY GROUP, LLC

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Northwoods Association of REALTORS®. IDX information is provided exclusively for the 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. Information deemed reliable but not guaranteed. Copyright © 2026 Northwoods Association of REALTORS®. All rights reserved.