Closed
Last Sold Price
$122,500
2 beds1,097 sqft

4748 Shepard Lake Rd, Rhinelander, WI 54501

Single FamilyProperty Type
1.88 acresLot Size
1960Year Built
$112/sq ftPrice per sq ft
2 carsParking Spaces

Description

Business opportunity or a primary residence, this updated commercial building has most recently been used as rental house. With living room or showroom, two bedrooms (or offices), full bathroom with a shower and an updated kitchen, the property has several use opportunities. The seller is a WI real estate broker and has replaced the following items in the last few years: roof, windows, doors, flooring (except one room), most lights, full bathroom, washer, dryer, kitchen and appliances, electrical,...Business opportunity or a primary residence, this updated commercial building has most recently been used as rental house. With living room or showroom, two bedrooms (or offices), full bathroom with a shower and an updated kitchen, the property has several use opportunities. The seller is a WI real estate broker and has replaced the following items in the last few years: roof, windows, doors, flooring (except one room), most lights, full bathroom, washer, dryer, kitchen and appliances, electrical, furnace, water heater, pressure tank, water softener, drywall, interior painting, most trim work, and exterior siding paint. The property has a two stall garage and is located at the corner of Hwy 17 and Shepard Lake Rd. Buyer to verify zoning uses.
  • Listed by: CECILY DAWSON 920.366.0088 cesdawson1@gmail.com • LAKELAND REALTY
Listing closed: 08/23/2024 12:00 AM • Source: Greater Northwoods MLS, MLS#: 207959
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Recent comparable sales

Median sold price

$140,000

Avg days on market

42

Sale-to-list ratio

94.1%

Rhinelander, WI

9 comparable properties found

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$139,000 | 709 North Stevens Street, Rhinelander, WI 54501
1/21
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$162,500 | 1360 Eagle Street, Rhinelander, WI 54501
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$140,000 | 4701 East Balsam Lane, Rhinelander, WI 54501
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$140,000 | 421 West Prospect Street, Rhinelander, WI 54501
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$115,000 | 84 Edgewater, Rhinelander, WI 54501
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Acres

Location

Listing Courtesy of LAKELAND REALTY
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Property Information for 4748 Shepard Lake Road

Property Details

  • Taxes: $1,226 / year
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: One Story
  • Has Waterfront: No

Building Information

  • Stories: 1
  • Year Built: 1960
  • Lot Size: 1.88 AC / 81,893 SF

Summary

Location and General Information
  • Directions: From Hwy 17, turn east onto Shepard Lake Road. Property located on left.
  • Latitude: 45.661732
  • Longitude: -89.374886
  • Township: ON Pine Lake
Taxes and HOA
  • Parcel Number: 02801-0593-0001
  • Tax Annual Amount: $1,226.00
  • Tax Year: 2023
Parking
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Garage

Property

Lot Information
  • Lot Size Square Feet: 81893.0
  • Public Survey Range: 09
  • Public Survey Section: 28
  • Public Survey Township: 37
  • Road Frontage Type: Highway
Property and Assessments
  • Above Grade Finished Area: 1097.0
  • Building Area Total: 1097.0
  • Living Area: 1097.0
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1960
Building Features
  • Construction Materials: Frame, Wood Siding
  • Foundation Details: Block
  • Levels: One
  • Roof: Composition, Shingle
  • Stories: 1
Utilities
  • Sewer: Holding Tank

Interior and Exterior Features

Interior Features
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Has Fireplace: No

Room Information

Room 1
  • Type: Bedroom
  • Level: First
  • Dimensions: 13'3x11'2
Room 2
  • Type: Kitchen
  • Level: First
  • Dimensions: 10'5x9'2
Room 3
  • Type: Bedroom
  • Level: First
  • Dimensions: 13'3x13
Room 4
  • Type: Bathroom
  • Level: First
Room 5
  • Type: Living Room
  • Level: First
  • Dimensions: 26'2x13'3

Property History for 4748 Shepard Lake Road

DateEvent & SourcePriceAppreciation
Aug 23, 2024

Sold

Greater Northwoods MLS #207959

$122,500
—
Aug 19, 2024

Sold (Public Record)

Public Record #1539531246

$122,500

+20.0% / yr

Aug 6, 2024

Pending

Greater Northwoods MLS #207959

—
—
DateEvent & SourcePrice
08/23/2024

Sold

Greater Northwoods MLS #207959

$122,500
08/19/2024

Sold (Public Record)

Public Record #1539531246

$122,500

+20.0% / yr

08/06/2024

Pending

Greater Northwoods MLS #207959

—

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

Public Records for 4748 Shepard Lake Road

Taxable Value

Land

$17,200

Additions

$81,100
Total$98,300

Tax Record

2025

$1,862 ($155 / month)

Home Facts

Lot Size

81,893 SqFt

Style

Miscellaneous Commercial

County

ONEIDA

APN

PL 593 1

Schools near 4748 Shepard Lake Road

This home is within Rhinelander School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Pelican Elementary School
PublicPK to 5

James Williams Middle School
Public6 to 8

Rhinelander High School
Public9 to 12

Central Elementary School
PublicPK to 5

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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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.

Listing Courtesy of LAKELAND REALTY

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.