For sale

Price cut: $100K (7/4)

$1,499,000

12620 Pace Dr, Presque Isle, WI 54557

5beds

4,125sqft

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Single Family Residence

Built in 1995

1.88 Acres Lot

$1,437,000 Zestimate^®

$363/sqft

$-- HOA

What's special

Lakeside cedar saunaWood stoveNew flooringBreathtaking sunset views

Discover a rare sanctuary of elegance and tranquility on the shores of exclusive Papoose Lake in beautiful Presque Isle. Nestled at the end of a quiet road, this west-facing 5-bedroom, 6.5-bath masterpiece offers 385 feet of pristine frontage and breathtaking sunset views. Step inside to soaring maple barrel-vaulted ceiling great room, and the warm glow of three gas fireplaces and a wood stove. Indulge in the lakeside cedar sauna or relax on the expansive deck that spans the back of the home. Every detail has been thoughtfully updated solid surface countertops, new flooring, appliances, mechanicals, and dual laundry areas for effortless living. A backup generator ensures peace of mind in every season. Refined yet inviting, this exceptional property perfectly captures the spirit of Northwoods luxury and lakefront serenity.

55 days

859

25

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 7
Full bathrooms: 6
1/2 bathrooms: 1

Primary bedroom

Level: First
Dimensions: 20x13

Bedroom

Level: Basement
Dimensions: 10x22

Bedroom

Level: Basement
Dimensions: 16x18

Bedroom

Level: Basement
Dimensions: 12x17

Bedroom

Level: First
Dimensions: 13x16

Bathroom

Level: First

Bathroom

Level: Basement

Bathroom

Level: First

Bathroom

Level: Basement

Bathroom

Level: First

Bathroom

Level: Basement

Bathroom

Level: Basement

Dining room

Level: First
Dimensions: 26x11

Kitchen

Level: First
Dimensions: 22x14

Living room

Level: First
Dimensions: 23x21

Other

Level: Basement
Dimensions: 14x11

Screened porch

Level: First
Dimensions: 15x13

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Built-In Oven, Convection Oven, Dryer, Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Indoor Grill, Microwave, Refrigerator, Washer
Laundry: Washer Hookup, In Basement, Main Level

Features

Wet Bar, Central Vacuum, Jetted Tub, Bath in Primary Bedroom, Main Level Primary, Permanent Attic Stairs, Sound System, Sauna, Walk-In Closet(s), Wired for Sound
Flooring: Carpet, Ceramic Tile
Basement: Exterior Entry,Full,Finished,Interior Entry,Walk-Out Access
Attic: Permanent Stairs
Number of fireplaces: 3
Fireplace features: Gas Log, Multiple, Wood Burning

Interior area

Total structure area: 4,125
Total interior livable area: 4,125 sqft
Finished area above ground: 2,170
Finished area below ground: 1,955

Property

Parking

Total spaces: 3
Parking features: Garage, Driveway
Garage spaces: 3
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Deck, Open, Patio
Exterior features: Boat Lift, Dock, Landscaping, Patio, Shed, Paved Driveway
Has spa: Yes
Has view: Yes
On waterfront: Yes
Waterfront features: Shoreline - Sand, Shoreline - Gravel, Shoreline - Rocky, Boat Ramp/Lift Access, Lake Front
Body of water: PAPOOSE
Frontage type: Lakefront
Frontage length: 385,385

Lot

Size: 1.88 Acres
Features: Lake Front, Private, Secluded, Wooded

Details

Additional structures: Shed(s)
Parcel number: 2261201
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: One Story
Property subtype: Single Family Residence

Materials

Frame, Log Siding
Foundation: Poured
Roof: Composition,Shingle

Condition

Year built: 1995

Utilities & green energy

Electric: Circuit Breakers
Sewer: County Septic Maintenance Program - Yes, Mound Septic
Water: Drilled Well

Community & HOA

Community

Features: Skiing

Location

Region: Presque Isle

Financial & listing details

Price per square foot: $363/sqft
Tax assessed value: $707,500
Annual tax amount: $5,583
Date on market: 5/14/2026
Ownership: Fee Simple

Estimated market value

$1,437,000

$1.37M - $1.51M

$4,911/mo

Price history

Date	Event	Price
7/4/2026	Price change	$1,499,000-6.3%$363/sqft
Source: GNMLS #217069 Report a problem
5/14/2026	Listed for sale	$1,599,000-3.1%$388/sqft
Source: GNMLS #217069 Report a problem
1/31/2026	Listing removed	$1,650,000$400/sqft
Source: GNMLS #215077 Report a problem
11/15/2025	Listed for sale	$1,650,000+106.3%$400/sqft
Source: GNMLS #215077 Report a problem
6/18/2021	Sold	$800,000-4.2%$194/sqft
Source: GNMLS #189751 Report a problem
5/10/2021	Pending sale	$835,000$202/sqft
Source: GNMLS #189751 Report a problem
4/20/2021	Contingent	$835,000$202/sqft
Source: GNMLS #189751 Report a problem
3/26/2021	Listed for sale	$835,000$202/sqft
Source: GNMLS #189751 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$5,669 +14.1%	$707,500
2023	$4,968 +4.2%	$707,500
2022	$4,769 -5.9%	$707,500
2021	$5,067 -1.3%	$707,500
2020	$5,132 -6.1%	$707,500
2019	$5,468 +1.3%	$707,500
2018	$5,399 +4.3%	$707,500 -7.8%
2017	$5,176 +3.3%	$767,500
2016	$5,009 +0.3%	$767,500
2015	$4,995 -1.1%	$767,500
2014	$5,051 -7.5%	$767,500
2013	$5,463	$767,500

Find assessor info on the county website

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