Lazy Days on the Manitowish Chain – A Rare Northwoods Legacy Property. Opportunities of this scale rarely become available on the Manitowish Chain. Welcome to Lazy Days, an exceptional waterfront retreat offering the flexibility of a private family compound, corporate retreat, boutique hospitality property, or established income-producing resort investment. Situated along the scenic Trout River between Alder Lake and Manitowish Lake, Lazy Days consists of four beautifully crafted luxury cottages, each featuring 4 bedrooms, 3 bathrooms, open-concept living areas, fireplaces, screened porches, and quality finishes throughout. With a total of 16 bedrooms, 12 bathrooms, and four private two-car garages, the property comfortably accommodates large family gatherings, multiple generations, special events, retreats, or continued rental operations. The Manitowish Chain is one of Wisconsin's premier recreational lake destinations, featuring more than 4,000 acres of interconnected waters, over 40 miles of shoreline, exceptional fishing, and endless opportunities for boating, kayaking, swimming, and waterfront dining. Spend the day exploring the chain's restaurants, marinas, and gathering spots before returning to your Northwoods retreat. The property offers 200 feet of frontage along the Trout River with multiple dock spaces, maintained grounds, outdoor gathering areas, and convenient access to the entire chain. Designed with an emphasis on quality craftsmanship, efficient operation, and reduced long-term maintenance, Lazy Days provides the comforts of luxury lakefront ownership without many of the challenges associated with older resort properties. Whether your vision is a multi-generational family legacy property, a boutique vacation destination, or combining personal enjoyment with investment income, Lazy Days presents a unique opportunity in one of Wisconsin's most sought-after waterfront markets. Properties of this size, quality, and versatility are impossible to find.
For sale
$4,726,000
12882 Helms Ln, Manitowish Waters, WI 54545
16beds
9,000sqft
Single Family Residence
Built in 2023
4.3 Acres Lot
$4,383,700 Zestimate®
$525/sqft
$-- HOA
What's special
Quality finishes throughoutFour private two-car garagesWaterfront retreatMultiple dock spacesOutdoor gathering areasScreened porchesMaintained grounds
- 39 days |
- 816 |
- 28 |
Zillow last checked:
Listing updated:
Listed by:
ERIK JOHNSON 715-892-1234,
EXP REALTY, LLC
Source: GNMLS,MLS#: 217343
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 12
- Full bathrooms: 12
Primary bedroom
- Level: First
Primary bedroom
- Level: First
Primary bedroom
- Level: First
Bathroom
- Level: Basement
Bathroom
- Level: First
Bathroom
- Level: First
Bathroom
- Level: First
Bathroom
- Level: First
Bathroom
- Level: Second
Bathroom
- Level: Basement
Bathroom
- Level: Second
Bathroom
- Level: First
Bathroom
- Level: First
Bathroom
- Level: First
Bathroom
- Level: First
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Disposal, Gas Water Heater, Microwave, Range Hood, Washer/Dryer
- Laundry: Main Level
Features
- Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Bath in Primary Bedroom, Main Level Primary, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Carpet
- Basement: Egress Windows,Full,Finished
- Number of fireplaces: 4
- Fireplace features: Gas Log, Multiple
Interior area
- Total structure area: 9,000
- Total interior livable area: 9,000 sqft
- Finished area above ground: 6,000
- Finished area below ground: 3,000
Property
Parking
- Total spaces: 8
- Parking features: Garage, Two Car Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One,Two
- Stories: 1
- Patio & porch: Deck, Open
- Exterior features: Boat Slip, Landscaping, Gravel Driveway
- On waterfront: Yes
- Waterfront features: Other, Shoreline - Sand, Shoreline - Gravel, Shoreline - Rocky, River Front
- Body of water: Trout River
- Frontage type: River
- Frontage length: 218,218
Lot
- Size: 4.3 Acres
- Dimensions: 200 x 839
Details
- Parcel number: 161259161259
- Zoning description: Recreational
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin,Ranch,One Story,Two Story
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Poured
- Roof: Composition,Shingle
Condition
- Year built: 2023
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
- Water: Driven Well, Well
- Utilities for property: Phone Available
Community & HOA
Community
- Features: Shopping
- Subdivision: Lazy Days Resort
Location
- Region: Manitowish Waters
Financial & listing details
- Price per square foot: $525/sqft
- Tax assessed value: $1,164,500
- Annual tax amount: $10,706
- Date on market: 5/24/2026
- Ownership: Fee Simple
- Road surface type: Paved
Estimated market value
$4,383,700
$4.16M - $4.60M
$2,385/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/24/2026 | Listed for sale | $4,726,000+329.6%$525/sqft |
Source:  GNMLS #217343 Report a problem | ||
| 12/23/2025 | Listing removed | $1,100,000$122/sqft |
Source: GNMLS #214749 Report a problem | ||
| 10/18/2025 | Listed for sale | $1,100,000$122/sqft |
Source: GNMLS #214749 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,518 +15.3% | $1,164,500 |
| 2023 | $9,126 -4% | $1,164,500 |
| 2022 | $9,503 +157.9% | $1,164,500 +138.9% |
| 2021 | $3,684 -2.7% | $487,500 |
| 2020 | $3,785 +13.2% | $487,500 +4.4% |
| 2019 | $3,343 +1.4% | $467,000 |
| 2018 | $3,297 +2.2% | $467,000 |
| 2017 | $3,225 -1.3% | $467,000 |
| 2016 | $3,269 +861.3% | $467,000 |
| 2015 | $340 -89.4% | $467,000 |
| 2014 | $3,219 -17% | $467,000 -19.4% |
| 2013 | $3,877 | $579,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 54545
Nearby schools
GreatSchools rating
- 10/10North Lakeland Elementary SchoolGrades: PK-8Distance: 4.3 mi
- 2/10Lakeland High SchoolGrades: 9-12Distance: 15.5 mi
Schools provided by the listing agent
- Elementary: 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Wisconsin
- Vilas County
- Manitowish Waters
- 54545
- 12882 Helms Ln
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