$299,000
$20K PRICE DROP

5046 Forest Ln Rhinelander, WI 54501

Estimated payment $1,775/month

Total Views 132,018
3 Beds
2 Baths
3,328 Sq Ft
$90 Price per Sq Ft

Highlights

  • Deck
  • Private Lot
  • Main Floor Primary Bedroom
  • Wood Burning Stove
  • Wooded Lot
  • 1 Fireplace

About This Home

An Inviting and Comfortable Living Space: A home is more than just a structure; it is a place where comfort, warmth, and memories flourish. This single-family home, situated on 4.99 acres, truly embodies that sentiment. With 3,328 sq. ft. of living space, there is plenty of room to grow. The main floor features a spacious kitchen, a living room complete with a wood-burning fireplace, a master bedroom suite that includes a full bath and garden tub, and a great room perfect for entertaining and engaging in conversation with loved ones. The lower level offers a large bedroom, a family room, a den/game room, bonus room, laundry area, and ample storage. Outside, you will find covered decks both in the front & back of the home, ideal for enjoying quiet evenings. The private yard provides space for outdoor activities, gardening, and includes a pond that attracts local wildlife. This home is a sanctuary—a place where you can find peace, build relationships, and create lasting memories.

Listing Agent

Lisa Alsteen

REDMAN REALTY GROUP, LLC License #52808 - 90 Listed on: 11/30/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,265

Year Built

  • Built in 1997

Lot Details

  • 4.99 Acre Lot
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Wooded Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Wood Burning Stove
  • Washer Hookup

Kitchen

  • Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Soaking Tub

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Deck
  • Open Patio
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Drilled Well
  • Water Softener
  • Public Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 02801-0469-0004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,265

Year Built

Built in 1997

Lot Details

4.99 Acres

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Town Road
  • Ownership: Fee Simple
  • Directions: Stevens St. N to Left on CTH W, Left on Pine Lake Rd. Left on Forest Lane.
  • Above Grade Finished Sq Ft: 1664.0
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1997
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Microwave, Range, Refrigerator, Water Softener
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1664.0
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Bath in Primary Bedroom, Main Level Primary

Exterior Features

  • Lot Features: Private, Pond on Lot, Secluded, Wooded
  • Waterfront: No
  • Construction Type: Manufactured, Vinyl Siding
  • Exterior Features: Landscaping, Shed
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, One Car Garage, Two Car Garage, Driveway

Utilities

  • Laundry Features: Washer Hookup, In Basement
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Water Source: Drilled Well

Lot Info

  • Lot Size Sq Ft: 217364.0
  • Parcel #: 02801-0469-0004

Tax Info

  • Tax Annual Amount: 2265.0
  • Tax Year: 2025

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,625 $138,600 $31,500 $107,100
2024 $2,345 $138,600 $31,500 $107,100
2023 $2,260 $138,600 $31,500 $107,100
2022 $1,569 $138,600 $31,500 $107,100
2021 $2,344 $138,600 $31,500 $107,100
2020 $1,754 $138,600 $31,500 $107,100
2019 $1,750 $138,600 $31,500 $107,100
2018 $1,843 $138,600 $31,500 $107,100
2017 $1,819 $138,600 $31,500 $107,100
2016 $1,879 $138,600 $31,500 $107,100
2015 $1,801 $138,600 $31,500 $107,100
2014 $1,801 $138,600 $31,500 $107,100
2011 $1,799 $138,600 $31,500 $107,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2026 05/05/26 Price Changed $299,000 -6.3% $90 / Sq Ft
11/30/2025 11/30/25 For Sale $319,000 -- $96 / Sq Ft
Source: Greater Northwoods MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $77,300 None Listed On Document
Quit Claim Deed $11,200 None Listed On Document
Interfamily Deed Transfer -- Oneida Title & Abstract Inc
Source: Public Records

About the Listing Agent

Lisa Alsteen

REDMAN REALTY GROUP, LLC

(534) 901-1557

Section Image

As a lifelong resident of Northwoods, I have been a licensed REALTOR® since 2002 and joined the RRG Team in January 2016. With a strong commitment to excellence, I consistently rank among the top producers in the local real estate market. My extensive knowledge of the Rhinelander community, neighboring counties, area lakes, and current market trends allows me to effectively serve my clients' needs.
To me, being a REALTOR® is about more than just selling homes; it’s about understanding my

Lisa's Other Listings

  • 421 Thayer St, Rhinelander, WI 54501

    $285,000

    • 4 Beds
    • 2 Baths
    • 2,036 Sq Ft
    • 421 Thayer St
    • Rhinelander, WI

    This updated contemporary city home features a convenient floor plan with four bedrooms and two full bathrooms. It is ideally located near shopping, Hodag Park, the YMCA, and the hospital, providing easy access to essential services. On the main floor, you'll find a modern kitchen that flows into an open-concept living room and dining area. There is also a mudroom with a washer and dryer, a full

    Lisa Alsteen REDMAN REALTY GROUP, LLC

    Section Image
  • ON Hwy 17, Rhinelander, WI 54501

    $110,000

    • Land
    • 6.11 Acres
    • $18,003 per Acre
    • ON Hwy 17
    • Rhinelander, WI

    Zoned General Use! A high traffic area and great visibility are two of the biggest reasons to take a look at this commercial property for development. Located at the corner of Highway 17 South and the Highway 8 bypass, this 6 +/- acre parcel has approximately 200' +/- of frontage on the Wisconsin River. Currently located in the Township of Crescent there is potential for annexation to the City of

    Lisa Alsteen REDMAN REALTY GROUP, LLC

    Section Image
  • Off Highway 47, Rhinelander, WI 54501

    $69,900

    • Land
    • 41.5 Acres
    • $1,684 per Acre
    • Off Highway 47
    • Rhinelander, WI

    41.5 acres (per the Oneida County Tax Roll) is conveniently located off Hwy 47, with a recorded 15-foot easement road access for ingress and egress. The entrance from the highway is marked with yellow caution tape. Trails throughout the property have been cleared, and a few tree stands are included (please note that tree stand ladders are not included; for safety reasons, do not access the tree

    Lisa Alsteen REDMAN REALTY GROUP, LLC

    Section Image
  • 5728 Hwy 8, Rhinelander, WI 54501

    $34,000

    • Land
    • 0.35 Acre
    • $97,143 per Acre
    • 5728 Hwy 8
    • Rhinelander, WI

    Vacant parcel of land that is highly visible and has great exposure off Hwy 8 W in Rhinelander, the township of Crescent. The property is zoned General Use, allowing for multiple uses. There is gas and electric at the road and shared access with adjoining properties.

    Lisa Alsteen REDMAN REALTY GROUP, LLC

    Section Image
  • ON Haymeadow Rd, Rhinelander, WI 54501

    $400,000

    • Land
    • 200 Acres
    • $2,000 per Acre
    • ON Haymeadow Rd
    • Rhinelander, WI

    200 acres with a mixture of terrain and trees, making it an ideal hunting parcel. The land is enrolled in Managed Forest Land (MFL) - Closed. The land is not open to public access for activities like hunting, hiking, sightseeing, and cross-country skiing without the landowner's permission. Great opportunity for private hunting land while keeping the taxes low.

    Lisa Alsteen REDMAN REALTY GROUP, LLC

    Section Image
  • 6805 Long Lake Dr, Rhinelander, WI 54501

    $318,000 Under Contract

    • Land
    • 4.75 Acres
    • $66,947 per Acre
    • 6805 Long Lake Dr
    • Rhinelander, WI

    Candidly breathtaking lake front lot in Newbold awaits its new beholder. The sun kissed peninsula amidst 1,131 feet of frontage offers 4.75 acres of natural and invigorating panoramic views. Enjoyable full rec 115 acres of serene, crystalline-like water feels endless when boating its full length. Lack of public boat launch renders tranquil privacy to residents year-round. While the golden age

    Lisa Alsteen REDMAN REALTY GROUP, LLC

    Section Image
  • 9803 Clearview Ct, Hazelhurst, WI 54531

    $299,000

    • 3 Beds
    • 3 Baths
    • 1,848 Sq Ft
    • 9803 Clearview Ct
    • Hazelhurst, WI

    This 2002 manufactured home is located between Minocqua and Tomahawk. It features an open-concept kitchen, dining area, and living room, enhanced by skylights that make the space bright and inviting. On one end of the home, you will find two bedrooms and a full bathroom, while the master bedroom suite is situated on the opposite end. The master bedroom includes two separate bathrooms, eliminating

    Lisa Alsteen REDMAN REALTY GROUP, LLC

    Section Image
  • ON Enterprise Lake Rd, Rhinelander, WI 54428

    $199,000 Under Contract

    • Land
    • 0.24 Acre
    • $829,167 per Acre
    • ON Enterprise Lake Rd
    • Rhinelander, WI

    Even though the winter photos show ice still covering the water, imagine owning a lake lot on the stunning Enterprise Lake. You have the opportunity to build your cabin or home and start enjoying everything the Northwoods has to offer. Whether it’s snowmobiling, skiing, fishing, swimming, kayaking, boating, or simply spending quality time with loved ones around a fire while watching the sunset,

    Lisa Alsteen REDMAN REALTY GROUP, LLC

    Section Image
  • 10497 Big Arbor Vitae Dr, Woodruff, WI 54568

    $355,000

    • 3 Beds
    • 3 Baths
    • 1,572 Sq Ft
    • 10497 Big Arbor Vitae Dr
    • Woodruff, WI

    Enjoy this adorable home situated in the Heart of the Northwoods. The home features an updated kitchen with a walk-in pantry, open concept living and dining room, full bath, and bedroom on the main floor. The upper level offers additional bedrooms, a rec room area, a full bath and a kitchenette. The basement is neat and clean with an additional full bath and office/den. Enjoy your morning coffee

    Lisa Alsteen REDMAN REALTY GROUP, LLC

    Section Image

Source: Greater Northwoods MLS

MLS Number: 215231

Greater Northwoods MLS

APN: PL 469 4

Your Personal Tour Guide

Ask me questions while you tour the home.