SOLD BEFORE PRINT — This well-priced gem on the Eagle River/Three Lakes Chain of 28 Lakes didn’t last long! Featuring 3 bedrooms and 2 bathrooms, this year-round home has been thoughtfully updated with new flooring, fresh interior paint, and stylish new furnishings throughout. A finished walkout basement provides additional space for entertaining, and the detached 2-car garage adds extra storage and convenience. Step outside to the spacious riverside deck, the perfect place to relax, take in the peaceful sounds of nature, and enjoy stunning views of the Wisconsin River. From the property, enjoy an easy, scenic boat ride to Watersmeet Lake and the rest of the Chain. Conveniently located just minutes from town with easy access off a blacktopped town road, this property offers the rare combination of affordability, location, and access to one of the Northwoods’ most coveted water systems.
Sold for $410,000
$410,000
5225 Balsam Ln S, Eagle River, WI 54521
3beds
1,640sqft
Single Family Residence
Built in ----
0.93 Acres Lot
$433,200 Zestimate®
$250/sqft
$2,242 Estimated rent
Home value
$433,200
Estimated sales range
Not available
$2,242/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
JEREMY RYAN 262-308-5009,
ELIASON REALTY - EAGLE RIVER
Bought with:
JEREMY RYAN, 80784 - 94
ELIASON REALTY - EAGLE RIVER
Source: GNMLS,MLS#: 212310
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Dimensions: 11x10
Bedroom
- Level: Basement
- Dimensions: 12x12
Bedroom
- Level: First
- Dimensions: 11x12
Bathroom
- Level: Basement
Bathroom
- Level: First
Dining room
- Level: First
- Dimensions: 11x9
Kitchen
- Level: First
- Dimensions: 8x8
Living room
- Level: First
- Dimensions: 16x14
Recreation
- Level: Basement
- Dimensions: 20x12
Heating
- Forced Air, Natural Gas
Appliances
- Included: Dryer, Exhaust Fan, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, Washer
- Laundry: Washer Hookup, In Basement
Features
- Ceiling Fan(s)
- Flooring: Carpet, Laminate, Vinyl
- Doors: French Doors
- Basement: Full,Interior Entry,Partially Finished,Walk-Out Access
- Attic: Scuttle
- Has fireplace: No
- Fireplace features: Free Standing
Interior area
- Total structure area: 1,640
- Total interior livable area: 1,640 sqft
- Finished area above ground: 1,008
- Finished area below ground: 632
Property
Parking
- Total spaces: 2
- Parking features: Garage, Two Car Garage, Storage, Driveway
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Open
- Exterior features: Dock, Landscaping
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Shoreline - Fisherman/Weeds, River Front
- Body of water: Eagle River
- Frontage type: River
- Frontage length: 115,115
Lot
- Size: 0.93 Acres
- Dimensions: 120 x 340
- Features: Level, Private, Secluded, Views
Details
- Parcel number: 141428
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Foundation: Block
- Roof: Composition,Shingle
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: County Septic Maintenance Program - Yes
- Water: Drilled Well
Community & neighborhood
Location
- Region: Eagle River
Other
Other facts
- Ownership: Fee Simple
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2025 | Sold | $410,000$250/sqft |
Source:  GNMLS #212310 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,746 -10% | $316,400 -1% |
| 2023 | $1,940 +15.1% | $319,700 +71.3% |
| 2022 | $1,685 +3.2% | $186,600 |
| 2021 | $1,633 -0.4% | $186,600 |
| 2020 | $1,640 -0.6% | $186,600 |
| 2019 | $1,650 +4% | $186,600 |
| 2018 | $1,587 +2.1% | $186,600 |
| 2017 | $1,555 -2.5% | $186,600 |
| 2016 | $1,594 +2.7% | $186,600 |
| 2015 | $1,552 +2.5% | $186,600 |
| 2014 | $1,514 -11.6% | $186,600 -10.4% |
| 2013 | $1,713 | $208,300 |
Find assessor info on the county website
Neighborhood: 54521
Nearby schools
GreatSchools rating
- 5/10Northland Pines Elementary-Eagle RiverGrades: PK-6Distance: 1.7 mi
- 8/10Northland Pines High SchoolGrades: 7-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: VI Northland Pines-ER
- Middle: VI Northland Pines
- High: VI Northland Pines
Source: GNMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Wisconsin
- Vilas County
- Eagle River
- 54521
- 5225 Balsam Ln S
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