Last Sold Price
3 beds928 sqft$404/sqft
15150 Rasmussen Ln, Three Lakes, WI 54562

Description

Here we are on one of the most prestigious lakes in Forest County. Just a short jump from Vilas County. Two sweet little 3 season cabins with a gorgeous view of Butternut lake. 1246 acres of great swimming, boating, and fishing! The cabins have a good septic and drilled well. They need some TLC but not too much. There is a fieldstone backdrop for the wood burner in the largest one which has also 3 bedrooms. The kitchen is nice size and has cabinets and stove, microwave, and refrigerator. The front...Here we are on one of the most prestigious lakes in Forest County. Just a short jump from Vilas County. Two sweet little 3 season cabins with a gorgeous view of Butternut lake. 1246 acres of great swimming, boating, and fishing! The cabins have a good septic and drilled well. They need some TLC but not too much. There is a fieldstone backdrop for the wood burner in the largest one which has also 3 bedrooms. The kitchen is nice size and has cabinets and stove, microwave, and refrigerator. The front porch is enclosed and stretches the whole length of the front of the cabin. then there is also an open deck facing the lake. The little cabin is just bath, kitchen and living room. Basically a studio apartment. There are several storage sheds and the best of all there are about 3 beautiful apple trees with delicious apples in the fall. They also would be rentable. Sand beach and view is irreplaceable!
LISTING CLOSED: 10/03/2023 07:00 PM

  1. Listed by MARCELLA KRUSICK • Brokerage DRE #7771 - 91 • SHOREWEST - EAGLE RIVER
    P: (715) 617-5289 C: (715) 617-5289 krusick@nnex.net

Property Details for 15150 Rasmussen Lane

Status
MLS #
201761
Days on Market
126
Taxes
$1,528 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
-
Lot Size
0.60 AC / 26,136 SF
Architectural Style
One Story
View
Water
Has View
Yes
Waterfront Features
Lake Front
Has Waterfront
Yes
Zoning Description
Recreational

Recent comparable sales

Median sold price

$389,000

Avg days on market

92

Sale-to-list ratio

94.0%

[Three Lakes, WI]

9 comparable properties found

$344,000 | 364 Sawmill Landing Road, Three Lakes, WI 54562
1/19
1

$344,000

Sold 12/31/25

3
Bedrooms
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Square Feet
1.5
Acres
$389,000 | 259 Wesley Road, Three Lakes, WI 54562
1/44
2

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3
Bedrooms
2,268
Square Feet
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Acres
$450,000 | 7650 Military Road, Three Lakes, WI 54562
1/45
3

$450,000

Sold 08/18/25

3
Bedrooms
1,097
Square Feet
9.22
Acres
$745,000 | 10851 Nature Trail Lane, Three Lakes, WI 54562
1/45
4

$745,000

Sold 08/14/26

3
Bedrooms
2,424
Square Feet
0.6
Acres
$390,000 | 110 Nicolet Vista Road, Three Lakes, WI 54562
5

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3
Bedrooms
2,912
Square Feet
3.18
Acres
$358,000 | 6928 Connors Road, Three Lakes, WI 54562
1/14
6

$358,000

Sold 08/11/25

3
Bedrooms
1,170
Square Feet
1.71
Acres
$365,000 | 6689 Crystal Lake Road, Three Lakes, WI 54562
1/29
7

$365,000

Sold 09/09/24

3
Bedrooms
1,500
Square Feet
2.5
Acres
$400,000 | 6886 Military Road, Three Lakes, WI 54562
1/53
8

$400,000

Sold 09/02/25

3
Bedrooms
1,410
Square Feet
1.69
Acres
$369,000 | 1144 North Big Lake Loop Road, Three Lakes, WI 54562
1/33
9

$369,000

Sold 12/11/24

3
Bedrooms
1,544
Square Feet
5.02
Acres

Location

Listing Courtesy of SHOREWEST - EAGLE RIVER

Sold By SHOREWEST - EAGLE RIVER

Add your commute

Building Information for 15150 Rasmussen Lane

Stories1Year Built-Building Size-Lot Size0.60 AC / 26,136 SF

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Principal and Interest

$1,906

Property Taxes

$127

HOA Dues

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Property Information for 15150 Rasmussen Lane

Summary
Location and General Information
  • Directions: Hwy 70E to Military Road. Turn right to Butternut Lake Road then Left to Rasmussen Lane. Turn right. Go to end of road, 2 cottages on right at #15150 signs.
  • Latitude: 45.919566
  • Longitude: -89.004479
  • Township: FO Hiles
  • Water Body Name: BUTTERNUT
Taxes and HOA
  • Parcel Number: 016-01245-0000
  • Tax Annual Amount: $1,528.00
  • Tax Year: 2022
Parking
  • Parking Features: Storage
Property
Lot Information
  • Frontage Length: 75.0
  • Frontage Length Remarks: 75
  • Frontage Type: Lakefront
  • Lot Features: Private, Secluded, Sloped, Views, Waterfront
  • Lot Size Square Feet: 26136.0
  • Public Survey Range: 12E
  • Public Survey Section: 28
  • Public Survey Township: 40N
  • Road Frontage Type: Unimproved
  • Road Surface Type: Unimproved
Property and Assessments
  • Above Grade Finished Area: 928.0
  • Building Area Total: 928.0
  • Living Area: 928.0
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
Building Features
  • Other Structures: Outbuilding, Shed(s), Guest House
  • Construction Materials: Frame, Stone, Wood Siding
  • Foundation Details: Other
  • Levels: One
  • Roof: Composition, Metal, Shingle
  • Stories: 1
Utilities
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Utilities: Sewer Connected
  • Water Source: Private, Well
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Deck
Interior Features
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Has Fireplace: No
  • Flooring: Carpet, Vinyl
  • Heating: Propane, Wood, Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Washer Hookup, In Basement
  • Water Heater: Propane
Room Information
Room 1
  • Dimensions: 9x9
  • Level: First
  • Type: Bedroom
Room 2
  • Dimensions: 9x9
  • Level: First
  • Type: Bedroom
Room 3
  • Level: Third
  • Type: Kitchen
Room 4
  • Dimensions: 9x10
  • Level: First
  • Type: Living Room
Room 5
  • Dimensions: 9x9
  • Level: First
  • Type: Bedroom
Room 6
  • Dimensions: 9x10
  • Level: First
  • Type: Kitchen
Room 7
  • Level: First
  • Type: Bathroom
Room 8
  • Dimensions: 9x9
  • Level: First
Room 9
  • Dimensions: 9x30
  • Level: First
Room 10
  • Level: Third
  • Type: Bathroom
Room 11
  • Level: Third
  • Type: Living Room

Property History for 15150 Rasmussen Lane

DateEvent & SourcePriceAppreciation
Oct 4, 2023

Sold (Public Record)

Public Record #1520150070

$375,000
Oct 3, 2023

Sold

Greater Northwoods MLS #201761

$375,000
Oct 3, 2023

Contingent

Greater Northwoods MLS #201761

DateEvent & SourcePrice
10/04/2023

Sold (Public Record)

Public Record #1520150070

$375,000
10/03/2023

Sold

Greater Northwoods MLS #201761

$375,000
10/03/2023

Contingent

Greater Northwoods MLS #201761

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

Public Records for 15150 Rasmussen Lane

Taxable ValueLand$80,200Additions$42,800Total$123,000
Tax Record2025$1,701 ($142 / month)
Home Facts
Beds0Lot Size26,136 SqFtStyleSingle Family ResidenceCountyFORESTAPN016-01245-0000

Schools near 15150 Rasmussen Lane

This home is within Three Lakes School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Three Lakes Elementary School
PublicPK to 6

Three Lakes Junior High School
Public7 to 8

Three Lakes High School
Public9 to 12

Sugar Camp Elementary School
PublicPK to 6

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.

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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 SHOREWEST - EAGLE RIVER

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.