48840 Old Grade Road






















Description
Listing Agent
Recent comparable sales
Median sold price
$285,000
Avg days on market
78
Sale-to-list ratio
92.0%
Cable, WI
9 comparable properties found
Location
Sold By eXp Realty, LLC- WI
Payment Calculator
$1,508 per month
30 year fixed, 6.55% Interest
$1,464
$44
$0
Property Information for 48840 Old Grade Road
- Taxes: $531 / year
- MLS Type: Residential / Single Family Detached
- County: Bayfield County
- Architectural Style: Traditional
- View: Panoramic
- Waterfront YN: No
- Stories: 1
- Year Built: 2003
- Lot Size: 20.00 AC / 871,200 SF
- Directions: From County Hwy D head East on Club Lake Rd, Property is at the end of Club Lake Rd on Old Grade Rd.
- Latitude: 46
- Longitude: -91
- Range: 05W
- Shoreline Characteristics: Undeveloped
- MLSArea Major: LSAR
- Road Frontage Type: Unpaved, Township
- Road Responsibility: Public Maintained Road
- Township: Grandview township (Bayfield County)
- Zoning Description: Residential
- Garage Spaces: 0.0
- Garage Features: Electrical Service,Slab
- Garage Type: Detached
- Parking Features: Off Street, Concrete
- High School District: Drummond Area (WI) #1491
- Association YN: No
- Twp Number: 44N
- Parcel Number: 16341
- Tax Annual Amount: $531.27
- Tax Legal Description: GOVT LOT 2 123 IN DOC 2023R-599964
- Tax Year: 2025
- Above Grade Finished Area: 1340.0
- Below Grade Finished Area: 0.0
- Living Area: 1340.0
- Lot Features: Irregular Lot, Landscaped, Many Trees, Pond(s)
- Lot Size Acres: 20.0
- Lot Size Dimensions: unusual
- Basement Square Feet: ***
- Construction Type: Frame/Wood
- Foundation Dimensions: 40 x 30
- Other Structures: Other
- Development Status: Previously Owned
- Land Access: ***
- Possession: Immediate
- Property Sub Type: Single Family Detached
- Property Type: Residential
- Public Survey Section: 20
- Year Built: 2003
- Sewer: Holding Tank
- Water Source: Private
- Accessibility Features: Partially Wheelchair, No Stairs External
- Construction Materials: Vinyl
- Exterior Features: Porch
- Foundation Details: Poured Concrete
- Roof: Metal
- Stories Total: 1
- Appliances: Microwave, Range, Refrigerator
- Basement: None
- Bathrooms Full: 1
- Bathrooms Half: 0
- Bathrooms One Quarter: 0
- Bathrooms Three Quarter: 0
- Bathrooms Total Integer: 1
- Bedrooms Total: 2
- Fireplace Features: Wood Burning
- Fireplaces Total: 1
- Fireplace YN: Yes
- Heating: Fireplace(s), Forced Air, Wood, Propane
- Interior Features: Vaulted Ceiling(s)
- Bath Description: Full Main Floor
- Extra Rooms: Storage Room,Utility Room,Loft
- Main Floor Bedroom: 1
- Listing Agent Primary Office: ***
- Auction: No
- Auction End Date: ***
- Internal Advertising: This property offers approximately 1,340 square feet of living space with two bedrooms and one bathroom. The home sits on a sizable lot of approximately 20 acres, providing ample space and privacy. The property features several notable amenities, including a loft area that could be utilized as a flexible living or work space. Outdoor enthusiasts will appreciate the proximity to Atkins Lake, as well as access to ATV and snowmobile trails. Additionally, the property includes outbuildings, which can be useful for storage or other purposes. The home has undergone updates, enhancing its functionality and comfort. The location within walking distance to the beach allows for easy access to the waterfront and boat landing. This property presents an ideal living situation for those seeking a balance of indoor and outdoor experiences.
- LVTDate: 2025-06-23
- Management Company: ***
- Management Company Phone Email: ***
- Power Company: Bayfield Electric Co-Op
- Transaction Type: For Sale
- Leased Land: Owned
- Lender Owned: No
Property History for 48840 Old Grade Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Aug 1, 2025 | Sold Lake Superior Area REALTORS #6120277 | $288,000 | — |
| Jun 28, 2025 | Pending Lake Superior Area REALTORS #6120277 | — | |
| Jun 23, 2025 | Listed (Active) Lake Superior Area REALTORS #6120277 | $279,000 | — |
| Aug 16, 2024 | Off Market Lake Superior Area REALTORS #6113677 | $265,000 | — |
| May 15, 2024 | Listed (Active) Lake Superior Area REALTORS #6113677 | $265,000 | — |
| Aug 4, 2023 | Sold Northwestern Wisconsin Multiple Listing Service #1572619 | $165,000 | — |
| Jul 26, 2023 | Pending Northwestern Wisconsin Multiple Listing Service #1572619 | — | |
| Apr 27, 2023 | Listed (Active) Northwestern Wisconsin Multiple Listing Service #1572619 | $299,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 08/01/2025 | Sold Lake Superior Area REALTORS #6120277 | $288,000 |
| 06/28/2025 | Pending Lake Superior Area REALTORS #6120277 | — |
| 06/23/2025 | Listed (Active) Lake Superior Area REALTORS #6120277 | $279,000 |
| 08/16/2024 | Off Market Lake Superior Area REALTORS #6113677 | $265,000 |
| 05/15/2024 | Listed (Active) Lake Superior Area REALTORS #6113677 | $265,000 |
| 08/04/2023 | Sold Northwestern Wisconsin Multiple Listing Service #1572619 | $165,000 |
| 07/26/2023 | Pending Northwestern Wisconsin Multiple Listing Service #1572619 | — |
| 04/27/2023 | Listed (Active) Northwestern Wisconsin Multiple Listing Service #1572619 | $299,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 48840 Old Grade Road
Schools near 48840 Old Grade Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Drummond Elementary School PublicPK to 6 | ||
Drummond Junior High School Public7 to 8 | ||
Drummond High School Public9 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 54821
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 48840 Old Grade Road, Cable, WI 54821 | $288,000 | 2 | 1 | 1,340 | 871,200 |
– | – | – | – | 1,742,400 | |
$18,000 | – | – | – | 1,498,464 | |
– | – | – | – | 16,988 | |
$325,000 | 2 | 1 | 470 | 366,775 | |
– | – | – | – | 57,935 | |
$191,000 | 2 | 1 | 1,008 | 30,491 | |
– | – | – | – | 75,794 | |
– | – | – | – | 174,240 | |
– | – | – | – | 112,385 | |
– | – | – | – | 65,340 | |
– | – | – | – | 174,240 | |
– | – | – | – | 85,378 | |
$202,000 | – | – | – | 165,528 | |
– | – | – | – | 147,494 |
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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 Coldwell Banker Realty - Duluth
Based on information submitted to the MLS GRID as of 09/08/2025 06:31 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.










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