Listing provided courtesy of WILD RIVERS GROUP REAL ESTATE, LLC- MLS# 217096MLS Provider

W5245 TERRACE VIEW RDTomahawk, WI 54487

Single Family · 3 Beds · 2 Full Baths · 1,132 Sq. ft.
$589,900 Active Under Contract

W5245 TERRACE VIEW RD Overview

Time on Site:
46 days
Visits:
28

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.

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W5245 TERRACE VIEW RD Facts & Features

  • Type Single Family
  • Sq. ft. 1,132
  • Price/Sq.ft. $521

Details

General

School Information

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

Location/Region

  • County Or Parish: Lincoln
  • Postal City: Tomahawk
  • Township: LI Bradley

Tax Information

  • Tax Annual Amount: $2,790.00
  • Tax Year: 2025

General Information

  • Ownership: Fee Simple
  • Parcel Number: 004-3506-122-9991
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 3.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3

Building Interior

  • Above Grade Finished Area: 628.0
  • Below Grade Finished Area: 504.0
  • Building Area Total: 1132.0

General Information

  • Appliances: Dishwasher, Electric Water Heater, Gas Oven, Gas Range, Microwave, Refrigerator, Washer/Dryer
  • Electric: Circuit Breakers
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Foundation Details: Poured
  • Interior Features: Additional Living Quarters, Ceiling Fan(s), Pull Down Attic Stairs
  • Laundry Features: Washer Hookup, In Basement
  • Other Equipment: Generator
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Detached, Garage, Driveway

Lot Information

  • Frontage Length: 100
  • Frontage Type: Lakefront
  • Lot Features: Lake Front, Private, Rural Lot, Steep Slope, Secluded, Views, Wooded, Retaining Wall
  • Lot Size Dimensions: 100x240
  • Lot Size Square Feet: 23958.0
  • Road Surface Type: Paved
  • Water Source: Drilled Well

Waterfront/View

  • Water Body Name: MUSKELLUNGE
  • Waterfront Features: Shoreline - Sand, Boat Ramp/Lift Access, Lake Front
  • Waterfront: Yes

Building Exterior/Construction

  • Architectural Style: Ranch
  • Attached Garage: No
  • Construction Materials: Frame
  • Direction Faces: West
  • Patio And Porch Features: Deck, Open, Patio
  • Property Attached: No
  • Roof: Metal

General Information

  • Exterior Features: Boat Lift, Fence, Garden, Landscaping, Out Building(s), Patio, Shed
  • Fencing: Yard Fenced
  • Other Structures: Guest House, Outbuilding, Shed(s)
  • Road Frontage Type: Town Road
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer

W5245 TERRACE VIEW RD Neighborhood

Community

54487 (TOMAHAWK) Demographics

52
Median Age
29
Population Density (per sq. mile)
35%
College Educated
$61,875
Estimated Median Income
3,564
Estimated Total Home Owners
661
Estimated Total Renters
84% / 16%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

W5245 TERRACE VIEW RD Market Data

Based on the last 30 days in this zip code

$537,828
Average List Price
$269
Average Price per Square Foot
18
Properties Sold
93
Average Days on Market
108
Properties for Sale
Calculations provided by Reliance Network

W5245 TERRACE VIEW RD History

Date Event Value Agent
5/17/2026Source: Greater Northwoods MLS Status Change
Active Under Contract
5/14/2026Source: Greater Northwoods MLS Added to Database
May 14, 2026