$1,750,000
$40K PRICE DROP

553 Reed Rd Three Lakes, WI 54562

Estimated payment $10,203/month

Total Views 11,389
3 Beds
3 Baths
3,280 Sq Ft
$534 Price per Sq Ft

Highlights

  • Lake Front
  • Wood Burning Stove
  • Private Lot
  • Deck
  • Contemporary Architecture
  • Wooded Lot

About This Home

This unique property on both Big Fork and Fourmile Lake features three bedrooms, three bathrooms, and a four-car garage on 8.43 acres. The third bedroom noted is currently being used as a library, but can easily be converted to another bedroom. One of the garages can also be converted to another bedroom. This property includes an open kitchen, THREE fireplaces, full basement, generator, a new well, steel roof and an updated boiler. The home is located next to snowmobile trails, near state land for exploring and offers ample land for expansion or development. Positioned on the Three Lakes Chain of Lakes with 2,400 feet of frontage, it provides water views and access to recreational activities such as boating and fishing.

Listing Agent

JENNIFER BIEGEL

RE/MAX PROPERTY PROS License #114076 - 94 Listed on: 07/30/2025

RE/MAX PROPERTY PROS

Co-Listing Agent

T.D. BIEGEL

RE/MAX PROPERTY PROS License #80448 - 94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,075

Year Built

  • Built in 1990

Lot Details

  • 8.43 Acre Lot
  • Lot Dimensions are 1000x500
  • Lake Front
  • Street terminates at a dead end
  • South Facing Home
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Raised Ranch Architecture
  • Frame Construction
  • Metal Roof
  • Log Siding

Interior Spaces

  • Wired For Sound
  • Ceiling Fan
  • Skylights
  • 3 Fireplaces
  • Wood Burning Stove
  • Washer Hookup
  • Property Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement
  • Basement Window Egress

Parking

  • 4 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Open Patio

Schools

  • Three Lakes Elementary And Middle School
  • Three Lakes High School

Utilities

  • Heating System Uses Propane
  • Hot Water Heating System
  • Drilled Well
  • Electric Water Heater
  • Public Septic Tank

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 03601-1194-0001

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,075

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 1000x500
  • Road Surface Type: Paved
  • Water Body Name: BIG FORK
  • Co List Office Mls Id: 619
  • Co List Office Phone: (715)480-4333
  • Ownership: Fee Simple
  • Directions: From 888 West Pine Street Eagle River Head east on WI-17 N/WI-70 E/WI-70 Trunk E/W Pine St Pass by Dairy Queen Grill & Chill (on the right in 0.7 mi) Turn RIGHT on US 45 Then LEFT on WI 32 S, LEFT onto Hwy X and RIGHT onto Reed Road.
  • Above Grade Finished Sq Ft: 2240.0
  • Architectural Style: Contemporary, Raised Ranch
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1990
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave
  • Has Basement: Daylight, Exterior Entry, Egress Windows, Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1040.0
  • Fireplace Features: Multiple, Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Main Level Primary, Sound System, Skylights, Walk-In Closet(s), Wired for Sound
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Adjacent To Public Land, Buildable, Dead End, Lake Front, Level, Private, Secluded, Wooded
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Shoreline - Fisherman/Weeds, Shoreline - Gravel, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Log Siding
  • Direction Faces: South
  • Exterior Features: Propane Tank - Owned
  • Foundation Details: Poured
  • Patio And Porch Features: Deck, Open
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Underground, Four Car Garage, Four or more Spaces, Garage, Driveway
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Washer Hookup, In Basement
  • Heating: Hot Water, Propane
  • Heating Yn: Yes
  • Electric: Fuses
  • Sewer: County Septic Maintenance Program - Yes
  • Water Source: Drilled Well

Schools

  • Elementary School: ON Three Lakes
  • High School: ON Three Lakes
  • Middle Or Junior School: ON Three Lakes

Lot Info

  • Lot Size Sq Ft: 367211.0
  • Parcel #: 03601-1194-0001
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 12075.0
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
2024 $12,043 $971,100 $726,000 $245,100
2023 $11,942 $971,100 $726,000 $245,100
2022 $9,838 $971,100 $726,000 $245,100
2021 $11,347 $971,100 $726,000 $245,100
2020 $10,073 $971,100 $726,000 $245,100
2019 $10,088 $971,100 $726,000 $245,100
2018 $10,113 $971,100 $726,000 $245,100
2017 $9,670 $971,100 $726,000 $245,100
2016 $9,779 $1,090,000 $823,700 $266,300
2015 $10,060 $1,090,000 $823,700 $266,300
2014 $10,060 $1,090,000 $823,700 $266,300
2011 $9,963 $1,090,000 $823,700 $266,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2025 11/07/25 Price Changed $1,750,000 -2.2% $534 / Sq Ft
07/30/2025 07/30/25 For Sale $1,790,000 -- $546 / Sq Ft
Source: Greater Northwoods MLS

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- None Listed On Document
Source: Public Records

Source: Greater Northwoods MLS

MLS Number: 213542

Greater Northwoods MLS

APN: 03601-1194-0001

Wisconsin Oneida County Three Lakes 54562

553 Reed Rd, Three Lakes, WI

For Sale

Detached

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Information is deemed reliable but not guaranteed.

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Listing Agent
JENNIFER BIEGEL
Section Image
RE/MAX PROPERTY PROS
(534) 220-3577