Skip to main contentSkip to navigation
1 / 38
Images
Map
Street

Residential Land with Home for Sale in Three Lakes, Wisconsin

553 Reed Rd, Three Lakes, WI 54562

$1,750,000
8.43 acres
Active
$40k drop
Est $9,457/mo

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.

3,280
Sq feet
3
Beds
3
Full baths
1990
Built

Location

Street address
553 Reed Rd
Elevation
1,636 feet
Coordinates
45.8435, -89.0861

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.

Property details

Acreage
8.43 acres
MLS #
GNMLS 213542
Posted

Property taxes

2024
$10,591 - PT G. L. 9 & 10 8.43CA/7.63SA SEE EXH A OF DOC 701423 FOR DESC SEE SM B7380 & B7415

Parcels

  • 03601-1194-0001

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
RE/MAX International

Lot

Waterfront
Lake Front
Features
Adjacent to Public Land, Buildable, Dead End, Level, Private, Secluded, Wooded

Exterior

Parking Spaces
4
Parking
Driveway, Garage, Underground/Basement
Pool
Deck
Features
Propane Tank Owned

Structure

Style
Contemporary, Ranch
Water
Well
Heating
Hot Water, Propane
Materials
Frame, Log Siding
Roof
Metal
Windows
Skylight(s)

Interior

Rooms
Basement, Bathroom x 3, Bedroom x 3, Dining Room, Game Room
Flooring
Carpet, Tile, Wood
Appliances
Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave
Features
Ceiling Fans, Main Level Primary, Skylights, Sound System, Walk In Closets, Wired For Sound

Property utilities

CategoryTypeStatusDescription
GasPropaneConnected

Nearby schools

NameLevelDistrictDescription
ON Three LakesElementary
ON Three LakesMiddle
ON Three LakesHigh

Listing history

DateEventPriceChangeSource
Nov 24, 2025Price drop$1,750,000$40,000 -2.2%GNMLS
July 31, 2025New listing$1,790,000GNMLS
Subscribe to listing updates

Payment calculator

This 8.43-acre property is located at 553 Reed Rd in Three Lakes, WI 54562. The property is available for sale for $1,750,000. It has a 3,280 sq ft 3 bedroom, 3 bath house built in 1990.

Checked 36 mins ago — Updated

Report listing issue

Copyright (C) 2025 Northwoods Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Message rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact