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$499,900
/mo Edit
Single Family:  1.5 Stories
5 br • 4 ba • Built 1978
2,504 sqft • 1.29 acres
Northwood schools
MLS# 7076031
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    Property Description

    Set on 1.29 acres with an impressive 228 feet of frontage on beautiful Gilmore Lake, this rare multi-home waterfront property offers the ultimate Northwoods retreat with endless opportunities for recreation, rental income, or multi-generational living. Located just outside of Minong, this unique compound sits on the desirable Little Gilmore portion of the lake, known for its deeper water and culvert access into Big Gilmore across the full 389-acre chain. The property features multiple year-round living spaces designed to comfortably accommodate large families, guests, or vacation renters. The main lakefront home offers 2 bedrooms and 1 bathroom with beautiful lake views and its own lakeside deck just steps from the water. A second lakefront guest house also sits directly along the shoreline and includes 2 bedrooms, 1 bathroom, and another private lakeside deck for enjoying peaceful mornings and unforgettable sunsets. Adding even more versatility is the detached 2-car garage with finished living quarters above, along with a separate detached loft near the lakeside home, creating exceptional flexibility for guests, bunk space, hobby areas, home offices, or additional rental possibilities. All structures are set up for year-round use, making this an ideal four-season getaway or investment opportunity. Gilmore Lake is well-known for boating, fishing, kayaking, and swimming, while the surrounding area offers outstanding recreational opportunities year-round. Enjoy direct access to ATV and snowmobile trails right from the property and spend summer afternoons at the nearby 18-hole Black Bear Golf Course. Whether you’re searching for a private family compound, income-producing vacation rental property, or a one-of-a-kind waterfront escape near Minong, this property delivers an exceptional combination of frontage, flexibility, recreation, and Northwoods charm.

    Listing

    Contingency: None
    Price per sq ft: $200
    City: Minong
    County: Washburn
    State: WI
    Property Style: 1.5 Stories
    Zip Code: 54859

    Interior

    Living Area: 2,504 ft2
    Common Wall: No
    Basement Details: Block

    Exterior

    Stories: One and One Half
    Garage Spaces: 2
    Garage Dimensions: 24x24
    Garage Size: 576 ft2
    Air Conditioning: None
    Foundation Size: 2,504 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Detached Garage

    Rooms

    1/4 Baths: None
    Full Baths: 4
    Half Baths: None
    3/4 Baths: None
    Upper Level Size Sq Ft
    Bathroom  10 x 5  50 
    Bathroom  6 x 7  42 
    Dining Room  9 x 12  108 
    Kitchen  6 x 9  54 
    Living Room  12 x 12  144 
    Living Room  30 x 15  450 
    Bedroom 3  10 x 10  100 
    Main Level Size Sq Ft
    Bathroom  6 x 8  48 
    Bathroom  6 x 10  60 
    Bedroom 5  12 x 12  144 
    Bedroom  13 x 15  195 
    Bedroom 4  8 x 15  120 
    Kitchen  15 x 9  135 
    Kitchen  16 x 13  208 
    Living Room  15 x 24  360 
    Living Room  10 x 13  130 
    Bedroom 2  12 x 13  156 

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront View: Lake
    WF Frontage: 228
    Elev Highpt to WF feet: 0-4
    Waterfront: Lake Front
    Lake Bottom:
    • Sand
    • Weeds

    Lot & Land

    Acres: 1.29
    Geolocation: 46.119187, -91.89588
    Lot Dimensions: 228 x 291
    Addl Parcels: 650302421217505009016000
    Zoning: Shoreline

    Schools

    School District: 3654
    District Phone: 7154662297

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,262
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,262
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System:
    • Oil
    • Propane
    Sewer System: Tank with Drainage Field
    Water System: Sand Point

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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    Listing provided by RMLS, courtesy of Lakewoods Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.