$589,900
UNDER CONTRACT

W5245 Terrace View Rd Tomahawk, WI 54487

Estimated payment $3,428/month

Total Views 569
3 Beds
2 Baths
1,132 Sq Ft
$521 Price per Sq Ft

Highlights

  • Lake Front
  • Boat Ramp
  • Deck
  • Guest House
  • Boat Lift
  • Private Lot

About This Home

Fully renovated and full of Northwoods character, this 3-bedroom, 2-bath Muskellunge Lake home is built for lake life, weekends up north, and year-round comfort. Set on .55 acres, the property offers beautiful woodwork, warm interior finishes, and a layout with room for everyone. The main living areas feel welcoming and well cared for, while the walkout lower level adds a second living room and bedroom for extra guest space, family space, or quiet retreat. Outdoor living is where this property really shines. Enjoy coffee on the covered front porch, relax on the deck overlooking the water, or head down the well-maintained steps to the lakeside deck right by the shoreline. Piers and a boat lift are included, making it easy to fish, cruise, swim, kayak, or simply enjoy the lake without extra setup. Between the home and guest cabin is a private courtyard with a firepit, creating a natural gathering space after a day on the water. The heated and air-conditioned bunk house gives guests their own comfortable place to stay. Three outbuildings, including a large detached garage, provide excellent storage for boats, ATVs, snowmobiles, tools, and lake gear. A backup generator adds peace of mind for year-round use. A fenced yard with a gated entrance at the road adds privacy and makes the property especially practical for pets. With a renovated home, guest space, garage storage, shoreline improvements, decks, piers, boat lift, backup generator, and that classic up-north feel, this Muskellunge Lake property checks the boxes buyers are actually looking for.

Listing Agent

TIMOTHY NELSON

WILD RIVERS GROUP REAL ESTATE, LLC License #60322 - 90 Listed on: 05/12/2026

Co-Listing Agent

John Long

WILD RIVERS GROUP REAL ESTATE, LLC License #56415 - 90

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,790

Lot Details

  • 23,958 Sq Ft Lot
  • Lot Dimensions are 100x240
  • Lake Front
  • Rural Setting
  • West Facing Home
  • Fenced Yard
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Steep Slope
  • Wooded Lot
  • Garden

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Water Views
  • Pull Down Stairs to Attic
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Laundry in Basement

Outdoor Features

  • Boat Lift
  • Boat Ramp
  • Deck
  • Open Patio
  • Shed
  • Outbuilding

Additional Homes

  • Guest House

Schools

  • Tomahawk Elementary And Middle School
  • Tomahawk High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Wall Furnace
  • Drilled Well
  • Electric Water Heater
  • Public Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 004-3506-122-9991

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,790

Lot Details

0.55 Acres

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 100x240
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: MUSKELLUNGE
  • Co List Office Mls Id: 761
  • Co List Office Phone: (715)224-3209
  • Ownership: Fee Simple
  • Directions: From the Hwy 51 & Hwy 8 intersection, go west, turn left on Wolf Rd, stay on Terrace View Rd, and the property will be on the right.
  • Above Grade Finished Sq Ft: 628.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: UnderContract
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Gas Oven, Gas Range, Microwave, Refrigerator, Washer/Dryer
  • Other Equipment: Generator
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry, Sump Pump, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 504.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Additional Living Quarters, Ceiling Fan(s), Pull Down Attic Stairs

Exterior Features

  • Fencing: Yard Fenced
  • Lot Features: Lake Front, Private, Rural Lot, Steep Slope, Secluded, Views, Wooded, Retaining Wall
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Boat Ramp/Lift Access, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame
  • Direction Faces: West
  • Exterior Features: Boat Lift, Fence, Garden, Landscaping, Out Building(s), Patio, Shed
  • Foundation Details: Poured
  • Other Structures: Guest House, Outbuilding, Shed(s)
  • Patio And Porch Features: Deck, Open, Patio
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage, Driveway

Utilities

  • Laundry Features: Washer Hookup, In Basement
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane, Natural Gas, Wall Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Water Source: Drilled Well

Schools

  • Elementary School: LI Tomahawk
  • High School: LI Tomahawk
  • Middle Or Junior School: LI Tomahawk

Lot Info

  • Lot Size Sq Ft: 23958.0
  • Parcel #: 004-3506-122-9991

Tax Info

  • Tax Annual Amount: 2790.0
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,791 $294,700 $110,400 $184,300
2024 $2,709 $294,700 $110,400 $184,300
2023 $2,633 $169,100 $73,500 $95,600
2022 $2,645 $168,400 $72,800 $95,600
2021 $1,888 $137,800 $72,800 $65,000
2020 $2,234 $137,800 $72,800 $65,000
2019 $2,185 $137,800 $72,800 $65,000
2018 $2,199 $135,700 $72,800 $62,900
2017 $2,143 $135,700 $72,800 $62,900
2016 $1,933 $135,700 $72,800 $62,900
2015 -- $112,000 $72,800 $39,200
2014 -- $112,000 $72,800 $39,200
2013 -- $112,000 $72,800 $39,200
2011 -- $112,000 $72,800 $39,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/12/2026 05/12/26 For Sale $589,900 -- $521 / Sq Ft
Source: Greater Northwoods MLS

Source: Greater Northwoods MLS

MLS Number: 217096

Greater Northwoods MLS

APN: 004-3506-122-9991

Your Personal Tour Guide

Ask me questions while you tour the home.