Active
2 beds1,880 sqft$265/sqft
5400 Eightmile Lake Rd, Iron River, WI 54847
Est: $2,825/moGet pre-approved
Single FamilyProperty Type
4.5 acresLot Size
2023Year Built
$265/sq ftPrice per sq ft
2 carsParking Spaces

Description

Built in 2023 and set on 4.5 private acres with approximately 448 feet of level frontage on Eight Mile Lake, this beautifully designed one-level home offers modern comfort in an exceptional Northwoods setting. The open-concept floor plan features a spacious living area, private primary suite, gas fireplace, in-floor heat, and energy-efficient spray-foam insulation throughout. This home offers many options to make it your own. Fresh white walls provide a blank canvas for your preferred style, and...Built in 2023 and set on 4.5 private acres with approximately 448 feet of level frontage on Eight Mile Lake, this beautifully designed one-level home offers modern comfort in an exceptional Northwoods setting. The open-concept floor plan features a spacious living area, private primary suite, gas fireplace, in-floor heat, and energy-efficient spray-foam insulation throughout. This home offers many options to make it your own. Fresh white walls provide a blank canvas for your preferred style, and stained concrete floors throughout allow you to add the flooring of your choice. Several finishing touches are ready for completion, including floor trim, floor outlets, venting, and heated towel bars—ideal for buyers looking to personalize the final details. Enjoy easy lake access, a newer dock, and excellent fishing for Northern Pike, Bass, and Panfish. The oversized insulated detached garage offers generous space for vehicles, boats, recreational equipment, or workshop use and is equipped with its own 200-amp electrical service. A built-in floor drain provides added convenience for washing vehicles, boats, and equipment, making the garage especially well suited for year-round recreational use or serious shop space. With miles of public land nearby and fiber-optic internet available, this property is ideal for year-round living, a private lake retreat, or a recreational getaway. A rare combination of newer construction, acreage, privacy, substantial waterfront, and highly capable garage space.

Listing Agent

  1. Kimberly Taipale-Saari

    Kimberly Taipale-Saari

    Listing Agent

    Coldwell Banker Realty

    P: (715) 817-4606

54 days on Market
Last updated: 09/03/2026 08:01 PM • Source: Lake Superior Area REALTORS as distributed by MLS GRID, MLS#: 6126790

Location

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$2,825 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,536

Property Taxes

$289

HOA Dues

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Property Information for 5400 Eightmile Lake Road

Property Details
  • Taxes: $3,468 / year
  • MLS Type: Residential / Single Family Detached
  • Architectural Style: Ranch
  • View: Inland Lake
  • Waterfront Features: Inland Lake
  • Waterfront YN: Yes
Building Information
  • Stories: 1
  • Year Built: 2023
  • Lot Size: 4.50 AC / 196,020 SF
Summary
Location and General Information
  • Directions: South of Iron River on Cty A; south to Eightmile Lake Road
  • Latitude: 46
  • Longitude: -91
  • Road Between Waterfront And Home: No
  • Shoreline Characteristics: Sand,Elevation-Low
  • Waterfront Access: Private
  • Waterfrontage Feet: 448
  • MLSArea Major: LSAR
  • Road Frontage Type: County Road
  • Road Responsibility: Public Maintained Road
  • Zoning Description: Residential
Parking
  • Garage Spaces: 2.0
  • Garage Features: Insulation
  • Garage Type: Detached
  • Parking Features: Gravel
School Information
  • High School District: Drummond Area (WI) #1491
Taxes and HOA
  • Association YN: No
  • Parcel Number: 2484
  • Tax Annual Amount: $3,467.52
  • Tax Legal Description: Lot 3 CSM #348 in V. 3 P195 in NE NW
  • Tax Year: 2026
Property
Lot Information
  • Above Grade Finished Area: 1880.0
  • Below Grade Finished Area: 0.0
  • Living Area: 1880.0
  • Lot Size Acres: 4.5
  • Lot Size Dimensions: 749+353+526
  • Basement Square Feet: ***
  • Construction Type: Frame/Wood
  • Foundation Dimensions: 36+30+20+44
Property and Assessments
  • Development Status: Previously Owned
  • Land Access: ***
  • Possession: Close Escrow
  • Property Sub Type: Single Family Detached
  • Property Type: Residential
  • Year Built: 2023
Utilities
  • Sewer: Drain Field
  • Water Body Name: East Eightmile
  • Water Source: Drilled
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood
  • Exterior Features: Dock
  • Foundation Details: N/A
  • Roof: Metal
  • Stories Total: 1
Interior Features
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Basement: Slab
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Cooling: None
  • Fireplace Features: Gas
  • Fireplaces Total: 1
  • Fireplace YN: Yes
  • Heating: Boiler, In Floor Heat, Propane
  • Bath Description: 1/2 Main Floor,Full Main Floor
  • Dining Room Type: Combine with Kitchen
  • Window Features: Double Glazed
Room Information
Room 1
  • RoomLength: 14.0
  • RoomLevel: Main
  • RoomType: Kitchen
  • RoomWidth: 13.0
Room 2
  • RoomLength: 12.0
  • RoomLevel: Main
  • RoomType: Dining Room
  • RoomWidth: 12.0
Room 3
  • RoomLength: 28.0
  • RoomLevel: Main
  • RoomType: Living Room
  • RoomWidth: 21.0
Room 4
  • RoomLength: 14.0
  • RoomLevel: Main
  • RoomType: Primary Bedroom
  • RoomWidth: 13.0
Room 5
  • RoomLength: 13.0
  • RoomLevel: Main
  • RoomType: Bedroom
  • RoomWidth: 10.0
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction: No
  • Auction End Date: ***
  • LVTDate: 2026-07-16
  • Management Company: ***
  • Management Company Phone Email: ***
  • Power Company: Bayfield Electric Co-Op
  • Transaction Type: For Sale
Rental
Rent Information
  • Leased Land: Owned
  • Lender Owned: No

Property History for 5400 Eightmile Lake Road

DateEvent & SourcePriceAppreciation
Aug 16, 2026

Price Change

Lake Superior Area REALTORS #6126790

$499,000
Jul 16, 2026

Listed (Active)

Lake Superior Area REALTORS #6126790

$549,000
Sep 22, 2006

Sold (Public Record)

Public Record #1100723033

$116,000
DateEvent & SourcePrice
08/16/2026

Price Change

Lake Superior Area REALTORS #6126790

$499,000
07/16/2026

Listed (Active)

Lake Superior Area REALTORS #6126790

$549,000
09/22/2006

Sold (Public Record)

Public Record #1100723033

$116,000

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

Public Records for 5400 Eightmile Lake Road

Taxable ValueLand$72,100Additions$145,000Total$217,100
Tax Record2025$3,468 ($289 / month)
Home Facts
Beds0Lot Size196,456 SqFtStyleSingle Family ResidenceZoningF1CountyBAYFIELDAPN04-004-2-45-09-02-2 01-000-40000

Schools near 5400 Eightmile Lake Road

This home is within Drummond Area School District.
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.

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5400 Eightmile Lake Road is a single family home for sale in Iron River, WI 54847. This property was listed for sale on July 16, 2026 by Coldwell Banker Realty, it's currently listed at $499,000. It has been on the market for a total of 54 days and was last sold on September 22, 2006. This listing's school district is Drummond Area School District. Nearby schools include Drummond Elementary School, Drummond Junior High School and Drummond High School. 5400 Eightmile Lake Road is a 2-bed, 2-bath, 1,880 sqft single family home built in 2023.

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.

Based on information submitted to the MLS GRID as of 09/03/2026 08:01 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.