New reduced price! Peaceful setting offers a double lot and beautiful water views with 186' of frontage. The house has two bedrooms, beamed ceiling open concept and a wrap-around deck. This walk-out Ranch already has a second completed full bath in the lower level and is waiting for the new owner to finish the additional living space. Level lot to enjoy games, campfires and relaxing. This is where memories are created. You've always dreamed of owing a property on the water and now is your chance! Village of Gresham has confirmed that property can have a dock. Added bonus of municipal water & sewer. New metal roof 2016, furnace & A/C 2022, windows 2024. The big stuff has been done; now the fun begins to decorate and make this property your own!
Active-no offer
Price cut: $10K (6/30)
$248,000
321 Lake Dr, Gresham, WI 54128
2beds
1,001sqft
Single Family Residence
Built in 1998
0.97 Acres Lot
$243,500 Zestimate®
$248/sqft
$-- HOA
What's special
Two bedroomsBeamed ceiling open conceptWrap-around deckBeautiful water viewsDouble lot
- 58 days |
- 1,066 |
- 42 |
Zillow last checked:
Listing updated:
Listed by:
Denise Botz OFF-D:920-540-8912,
Century 21 Affiliated
Source: RANW as distributed by MLS GRID,MLS#: 50325287
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Level: Main
- Dimensions: 13x12
Bedroom 2
- Level: Main
- Dimensions: 11x10
Dining room
- Level: Main
- Dimensions: 12x10
Kitchen
- Level: Main
- Dimensions: 15x11
Living room
- Level: Main
- Dimensions: 16x12
Heating
- Forced Air
Cooling
- Forced Air, Central Air
Appliances
- Included: Range, Refrigerator
Features
- Breakfast Bar
- Basement: Full,Full Sz Windows Min 20x24,Sump Pump,Walk-Out Access,Partial Fin. Non-contig
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,001 sqft
- Finished area above ground: 945
- Finished area below ground: 56
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: 1st Floor Bedroom, 1st Floor Full Bath, Low Pile Or No Carpeting, Open Floor Plan, Stall Shower
Features
- Patio & porch: Deck
- On waterfront: Yes
- Waterfront features: Lake
- Body of water: Lower Red Lake
Lot
- Size: 0.97 Acres
Details
- Parcel number: 701000340, 701000350
- Zoning: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Shake Siding
- Foundation: Poured Concrete
Condition
- New construction: No
- Year built: 1998
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Gresham
Financial & listing details
- Price per square foot: $248/sqft
- Tax assessed value: $95,700
- Annual tax amount: $4,891
- Date on market: 5/12/2026
- Inclusions: Stove; Sofa; Recliner; Cast Iron Heater; LL Fridge, Dresser & Work Bench; Riding Lawnmower; Camper; Row Boat & Trailer; Deck Box; Trailer; Boat House
- Exclusions: LP tank is rented.
Estimated market value
$243,500
$231,000 - $256,000
$1,257/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Price change | $248,000-3.9%$248/sqft |
Source: RANW as distributed by MLS GRID #50325287 Report a problem | ||
| 6/11/2026 | Price change | $258,000-7.2%$258/sqft |
Source: RANW as distributed by MLS GRID #50325287 Report a problem | ||
| 5/28/2026 | Price change | $278,000-6.7%$278/sqft |
Source: | ||
| 5/12/2026 | Listed for sale | $298,000$298/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,773 +1.6% | $85,000 |
| 2023 | $2,730 -3.8% | $85,000 |
| 2022 | $2,838 +15.6% | $85,000 |
| 2021 | $2,455 -2% | $85,000 |
| 2020 | $2,504 +77.5% | $85,000 |
| 2019 | $1,411 | $85,000 +18.9% |
| 2018 | -- | $71,500 |
| 2017 | -- | $71,500 |
| 2016 | -- | $71,500 |
| 2015 | $1,078 -98.9% | $71,500 |
| 2014 | $98,417 +4465.9% | $71,500 |
| 2013 | $2,156 +0.3% | $71,500 -19.8% |
| 2011 | $2,148 -2% | $89,100 |
| 2010 | $2,192 -5.3% | $89,100 |
| 2009 | $2,315 | $89,100 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 54128
Nearby schools
GreatSchools rating
- 3/10Gresham Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 5/10Gresham High SchoolGrades: 6-12Distance: 0.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Wisconsin
- Shawano County
- Gresham
- 54128
- 321 Lake Dr






