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For sale
    • $2,950,000

    12461 Rice Bay Ln, Manitowish Waters, WI 54545

    4beds
    3,467sqft
    : 
    $17,304/mo
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    Single Family Residence
    Built in ----
    0.97 Acres Lot
    $2,733,400 Zestimate®
    $851/sqft
    $-- HOA

    What's special

    Adorable sleeping loftWet barWood cathedral beamed ceilingsDine-in kitchenPeaceful settingLower level walkout
    Stunning Northwoods retreat with 233 feet of pristine waterfront on a beautifully wooded 0.97-acre lot on the desirable Manitowish Waters Chain. This spacious 4-bedroom plus a bonus room used as a bedroom, 4 full bath half-log home offers 3,467 square feet of well-designed living space, perfectly blending comfort, privacy, and scenic lake views. Inside, you’ll find generous living areas ideal for gathering and entertaining while maintaining a warm and inviting Up North feel along with large windows that bring in natural light. Main level includes the great room with soaring stone wood burning fireplace, wood cathedral beamed ceilings and an adorable sleeping loft, dine-in kitchen, pantry, wet bar, primary suite with private bath, 2nd bedroom , 2nd full bath. The lower level walkout provides another primary suite with private bath, 4th bedroom, a bonus room used as a bedroom, another full bath and utility and storage rooms. Step outside to enjoy beautiful frontage with plenty of space for lakeside relaxation, recreation, and unforgettable sunrises and great privacy bordering State Land! Whether you're boating, fishing, or simply unwinding by the water, this property delivers the ultimate Northwoods lifestyle. Located on quiet Rice Bay Lane, you’ll appreciate the peaceful setting with convenient access to the Manitowish Chain of Lakes, trails, and year-round outdoor activities. A rare opportunity to own a premier waterfront home in one of Wisconsin’s most sought-after lake communities.
    83 days
    |
    1,040
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    LINDA LONG TEAM 715-543-2544,

    REDMAN REALTY GROUP, LLC

    Source: GNMLS,MLS#: 216872MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Primary bedroom
      • Level: Basement
      • Dimensions: 13'5x15'5
      Primary bedroom
      • Level: First
      • Dimensions: 16'1x18'11
      Bedroom
      • Level: Basement
      • Dimensions: 13'5x15'3
      Bedroom
      • Level: First
      • Dimensions: 11'7x14'10
      Primary bathroom
      • Level: First
      • Dimensions: 13'10x8'11
      Primary bathroom
      • Level: Basement
      • Dimensions: 12'7x8'9
      Bathroom
      • Level: Basement
      Bathroom
      • Level: First
      Entry foyer
      • Level: Basement
      • Dimensions: 10'7x5'11
      Entry foyer
      • Level: First
      • Dimensions: 8'1x15'9
      Kitchen
      • Level: Basement
      • Dimensions: 6'7x6'8
      Kitchen
      • Level: First
      • Dimensions: 17'11x15'1
      Living room
      • Level: First
      • Dimensions: 21'9x22'1
      Other
      • Level: Basement
      • Dimensions: 9'11x7'1
      Other
      • Level: First
      • Dimensions: 5'11x5'10
      Heating
      • Forced Air, Natural Gas
      Appliances
      • Included: Dryer, Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer
      • Laundry: Main Level
      Features
      • Wet Bar, Ceiling Fan(s), Cathedral Ceiling(s), Central Vacuum, High Ceilings, Bath in Primary Bedroom, Main Level Primary, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
      • Flooring: Carpet, Ceramic Tile, Wood
      • Basement: Exterior Entry,Egress Windows,Full,Foyer Finished,Interior Entry,Partially Finished,Walk-Out Access
      • Number of fireplaces: 2
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 3,467
      • Total interior livable area: 3,467 sqft
      • Finished area above ground: 1,782
      • Finished area below ground: 1,685

      Property

      Parking
      • Parking features: Detached, Garage
      • Has garage: Yes
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Deck, Open
      • Exterior features: Dock, Paved Driveway
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Shoreline - Sand, Shoreline - Fisherman/Weeds, Lake Front
      • Body of water: ISLAND
      • Frontage type: Lakefront
      • Frontage length: 233,233
      Lot
      • Size: 0.97 Acres
      • Features: Adjacent To Public Land, Dead End, Lake Front, Private, Secluded, Sloped, Views, Wooded
      Details
      • Parcel number: 4430
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Chalet/Alpine
      • Property subtype: Single Family Residence
      Materials
      • Frame, Log Siding
      • Foundation: Poured
      • Roof: Composition,Shingle

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Conventional Sewer
      • Water: Drilled Well

      Community & HOA

      Location
      • Region: Manitowish Waters

      Financial & listing details

      • Price per square foot: $851/sqft
      • Tax assessed value: $994,500
      • Annual tax amount: $9,437
      • Date on market: 5/6/2026
      • Ownership: Corporation
      • Road surface type: Unimproved

        Estimated market value

        $2,733,400

        $2.60M - $2.87M

        $4,052/mo

        Price history

        DateEventPrice
        5/6/2026Listed for sale$2,950,000$851/sqft
        Source: GNMLS #216872 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$9,437 +13.2%$994,500
        2023$8,337 -1.7%$994,500
        2022$8,482 +1%$994,500
        2021$8,399 +1.6%$994,500
        2020$8,265 -2.6%$994,500
        2019$8,486 +17.1%$994,500
        2018$7,248 +5.3%$994,500
        2017$6,884 -6.1%$994,500
        2016$7,328 -7.3%$994,500
        2015$7,904 +1.9%$994,500
        2014$7,758 -20.8%$994,500 -26.3%
        2013$9,796 $1,349,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 54545

        Getting around

        0 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: VI North Lakeland
        • Middle: VI North Lakeland
        • High: ON Lakeland Union

        Source: GNMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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