Closed

$383,000

400 Mill St, Balsam Lake, WI 54810

3beds

2,534sqft

Single Family Residence

Built in 1960

0.32 Acres Lot

$444,600 Zestimate^®

$151/sqft

$2,514 Estimated rent

Home value

$444,600

$378,000 - $516,000

$2,514/mo

Zestimate^® history

Owner options

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$2,514/mo

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$2,514/mo

Rent Zestimate^®

Refinance and save

$2,009/mo

Est. payment

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$2,009/mo

Est. payment

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What's special

Here’s your chance to own a piece of property on one of the most sought-after lakes in Polk County! This 3-bedroom, 3-bathroom home on beautiful Balsam Lake offers the perfect opportunity for buyers with vision. With a the right creativity and TLC, this property can be transformed into a stunning lakefront retreat. The spacious floor plan provides room to design your dream layout, while large windows promise lake views and plenty of natural light. The lot offers easy access to the water, making it ideal for boating, fishing, and enjoying everything Balsam Lake has to offer. Whether you’re looking for a year-round residence, a weekend getaway, or an investment project, this property is all about potential. Homes on Balsam Lake rarely come available—don’t miss this opportunity to create your own legacy on one of Northwest Wisconsin’s premier lakes.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 1
3/4 bathrooms: 2

Heating

Boiler

Cooling

Window Unit(s)

Features

Basement: Partial
Number of fireplaces: 2
Fireplace features: Family Room, Gas

Interior area

Total structure area: 2,534
Total interior livable area: 2,534 sqft
Finished area above ground: 1,696
Finished area below ground: 838

Property

Parking

Total spaces: 4
Parking features: Attached
Attached garage spaces: 4

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Waterfront features: Lake Front

Lot

Size: 0.32 Acres
Dimensions: 100 x 115 x 133 x 203

Details

Foundation area: 1485
Parcel number: 106005890000
Zoning description: Shoreline,Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Roof: Age Over 8 Years

Condition

New construction: No
Year built: 1960

Utilities & green energy

Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & neighborhood

Location

Region: Balsam Lake

HOA & financial

HOA

Has HOA: No

Price history

Date	Event	Price
9/26/2025	Sold	$383,000-3%$151/sqft
Source: NorthstarMLS as distributed by MLS GRID #6780246 Report a problem
9/6/2025	Pending sale	$395,000$156/sqft
Source: NorthstarMLS as distributed by MLS GRID #6780246 Report a problem
8/31/2025	Listed for sale	$395,000+63.3%$156/sqft
Source: NorthstarMLS as distributed by MLS GRID #6780246 Report a problem
8/25/2005	Sold	$241,900$95/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,468 +17.9%	$253,300
2023	$2,942 -22.7%	$253,300 +13.8%
2022	$3,807 -7.1%	$222,500
2021	$4,097 +58.2%	$222,500
2020	$2,589 +0.4%	--
2019	$2,578 -38.2%	--
2018	$4,174 -4.3%	$222,500
2017	$4,360 -0.6%	$222,500
2016	$4,385 +3.2%	$222,500
2015	$4,250 -5%	$222,500
2013	$4,473 +6.5%	$222,500
2012	$4,201 +3.6%	$222,500
2011	$4,055 -4.8%	$222,500
2010	$4,260 +0.8%	$222,500
2009	$4,226	$222,500