Last Sold Price
871,200 Lot Size20 Acres
on On Balsam Ln, Rhinelander, WI 54501

Description

Located on the north shore of Shepard Lake, this parcel offers over 20 acres in the heart of the Northwoods—ideal for outdoor activities. Interested in fishing? Shepard Lake is home to a variety of species, including panfish, walleye, northern pike, and musky. With more than 230 feet of lake frontage, you'll have access to enjoy the water however you choose. The lot consists mainly of low wetland but also features elevated areas with a cleared spot suitable for building. Take a closer look and start...Located on the north shore of Shepard Lake, this parcel offers over 20 acres in the heart of the Northwoods—ideal for outdoor activities. Interested in fishing? Shepard Lake is home to a variety of species, including panfish, walleye, northern pike, and musky. With more than 230 feet of lake frontage, you'll have access to enjoy the water however you choose. The lot consists mainly of low wetland but also features elevated areas with a cleared spot suitable for building. Take a closer look and start planning your future on this land today!
LISTING CLOSED: 01/08/2026 06:00 PM

  1. Listed by LUKE DURKEE • REDMAN REALTY GROUP, LLC
    P: (715) 493-3179 Luke@redmanrealtygroup.com

Property Details for On On Balsam Lane

Status
MLS #
214713
Days on Market
77
Taxes
$737 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land
Year Built
-
Lot Size
20.00 AC
Has Waterfront
Yes
Zoning Description
Residential

Recent comparable sales

Median sold price

$113,850

Avg days on market

56

Sale-to-list ratio

96.3%

[Rhinelander, WI]

9 comparable properties found

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1

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Square Feet
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Acres
$113,850 | 32-ac On Pine Lake Road, Rhinelander, WI 54501
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2

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Acres
$89,000 | 12-ac Forest Lane, Rhinelander, WI 54501
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$143,500 | Lot 1 Pine Shore Lane, Rhinelander, WI 54501
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$120,000 | On Royalwood Lane, Rhinelander, WI 54501
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Square Feet
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Acres
$174,900 | Lot 2 Pine Shore Lane, Rhinelander, WI 54501
6

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Sold 05/07/26

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Bedrooms
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Square Feet
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Acres
$29,900 | 1-ac Bass Lake Loop, Rhinelander, WI 54501
1/17
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Sold 07/08/26

Unavailable
Bedrooms
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Bathrooms
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Square Feet
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Acres
$45,000 | 3-acres Bass Lake Loop, Rhinelander, WI 54501
1/23
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Bedrooms
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Bathrooms
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Square Feet
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Acres
$41,500 | Lot 2 Cambridge Court, Rhinelander, WI 54501
1/14
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Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
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Acres

Location

Listing Courtesy of REDMAN REALTY GROUP, LLC

Sold By REDMAN REALTY GROUP, LLC

Add your commute

Building Information for On On Balsam Lane

Lot Size20.00 AC

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$633 per month

30 year fixed, 6.55% Interest

Principal and Interest

$572

Property Taxes

$61

HOA Dues

$0

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Property Information for On On Balsam Lane

Summary
Location and General Information
  • Directions: Take HWY 17 to Left on N Stevens Street to Right on E Balsam Ln to property on Left 4480 E Balsam Ln.
  • Township: ON Pine Lake
  • Water Body Name: SHEPARD
Taxes and HOA
  • Parcel Number: PL-581-1
  • Tax Annual Amount: $737.00
  • Tax Year: 2024
School Information
  • High School: ON Rhinelander
Property
Lot Information
  • Frontage Length: 230.0
  • Frontage Length Remarks: 230
  • Lot Features: Wetlands, Waterfront
  • Lot Size Square Feet: 871200.0
  • Public Survey Range: 09
  • Public Survey Section: 28
  • Public Survey Township: 37
Property and Assessments
  • Property Type: Land

Property History for On On Balsam Lane

DateEvent & SourcePriceAppreciation
Jan 8, 2026

Sold

Greater Northwoods MLS #214713

$112,500
Dec 31, 2025

Pending

Greater Northwoods MLS #214713

Dec 14, 2025

Contingent

Greater Northwoods MLS #214713

DateEvent & SourcePrice
01/08/2026

Sold

Greater Northwoods MLS #214713

$112,500
12/31/2025

Pending

Greater Northwoods MLS #214713

12/14/2025

Contingent

Greater Northwoods MLS #214713

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

Schools near On On Balsam Lane

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

James Williams Middle School
Public6 to 8

Rhinelander High School
Public9 to 12

Northwoods Community Secondary School
Charter6 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: On On Balsam Lane, Rhinelander, WI 54501
$112,500
871,200
$19,000
78,844
$33,900
81,457
$160,000
3
1,492
253,519
$140,000
2
2,363
52,272
1,570,774

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.