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Sold for $205,000
  • $205,000

    507 Shariden Dr, Pelican Lake, WI 54463

    3beds
    1,300sqft
    Condo
    Built in 1952
    -- sqft lot
    $216,000 Zestimate®
    $158/sqft
    $1,356 Estimated rent

    Home value

    $216,000

    Estimated sales range

    Not available

    $1,356/mo

    Zestimate® history
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    $1,370/mo

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    What's special

    Over 200' of clear water frontage with stone / sandy bottom, piers and wonderful wood-interior lakefront cottage with million dollar lake views accompanies 6 other cottages on 3.5 lakefront acres used as a resort for decades. Fully licensed and inspected, this property is zoning "General Use" meaning single family, recreational or multi family or continued use as resort allowed with the 3.5 acres comprised of 21 separate tax ID numbers structured as separate condo parcels with shared lake frontage. Refer to GIS map, photos and attached documents. This is an amazing opportunity to own a large lakefront parcel with great flexibility in how you can use it with minimal restrictions - single family, or family getaway or continue to function as resort or possibly other options. One of the cottages was structurally damaged in a storm, one is used as storage and not rentable in current state. The largest lakefront cottage is occupied seasonally by owners while the others are used as rentals currently fully licensed and inspected as part of the long standing family-run resort. Act quickly!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • None
    Appliances
    • Included: Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Linoleum / Vinyl
    • Basement: Crawl Space, Slab
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,300 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Detached
    Features
    • Exterior features: Wood
    • On waterfront: Yes
    Lot
    • Size: 1,524 Square Feet
    Details
    • Parcel number: EN1045
    • Zoning: Residential, Agriculture, Commercial, Multi-Family, Other

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Composition
    Condition
    • Year built: 1952

    Community & HOA

    Location
    • Region: Pelican Lake
    • Municipality: Town Of, Enterprise

    Financial & listing details

    • Price per square foot: $158/sqft
    • Tax assessed value: $114,300
    • Annual tax amount: $1,047

    Price history

    DateEventPrice
    6/20/2025Sold$205,000-72.7%$158/sqft
    Source: Public Record Report a problem
    6/28/2022Sold$750,000$577/sqft
    Source: GNMLS #194194 Report a problem
    5/31/2022Contingent$750,000$577/sqft
    Source: GNMLS #194194 Report a problem
    11/8/2021Listed for sale$750,000-23.1%$577/sqft
    Source: GNMLS #194194 Report a problem
    10/29/2021Listing removed--
    Source: WIREX MLS #22103244 Report a problem
    6/22/2021Listed for sale$975,000$750/sqft
    Source: WIREX MLS #22103244 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,047 -2.3%$114,300
    2023$1,071 -6.4%$114,300
    2022$1,145 -3.8%$114,300
    2021$1,191 -3.5%$114,300
    2020$1,234 +11.6%$114,300
    2019$1,106 -1%$114,300
    2018$1,117 -2.3%$114,300
    2017$1,142 +6.6%$114,300
    2016$1,071 -5.1%$114,300
    2015$1,129 $114,300
    2014$1,129 +10.5%$114,300 +3.4%
    2011$1,022 $110,500
    Find assessor info on the county website

    Neighborhood: 54463

    Nearby schools

    GreatSchools rating
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