This home's estimate is 104.4% higher than the average sale price ($947K) of 6 comparable homes.
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12521 Rice Bay Ln, Boulder Junction, WI 54512
About this home
A rare opportunity to own privacy on the MW Chain! 467’ feet southerly facing pure sand frontage with 3.43 acres on Island Lake! Main home was completely gutted and remodeled in 2007 by well-respected top builder Jim Meier Builders! 4BR, 3BA open concept masterpiece offers floor to ceiling fieldstone FP in GR, open kitchen w/ center island, dining room w/ burled walnut flooring & alder plank walls! Main floor also includes large lakeside MBR suite, lakeside 3 season room, 3 bedrooms, full BA and 1 car attached garage! LL has FR, utility room and 3rd full BA. Guest quarters above 3 car detached garage offers lakeside 3 season room, kitchenette, 4BR & Full BA. 2007 remodel included Home entertainment system, Elk security system for fire, motion & interior temperature, natural gas generator, new furnace and new C/A. 2013 garage w/ guest quarters built with new well to service both. A once in a lifetime opportunity on the Chain!
Redfin Estimate
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Market trends in 54545, WI
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
- $499,9003 beds2 baths1,437 sq ft4414 Pat Lin Ln, Boulder Junction, WI 54512Adam Bruckner • Collective Real Estate Group
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Provided by Redfin
Sale history for 12521 Rice Bay Ln
$654/sq ft
$704/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Property details
Parking
- Parking/Garage Information
- Has Garage
- Has Attached Garage
- # of Garage Spaces: 1
- Parking Features: Gravel, Attached, Detached, Garage, Heated Garage, Storage, Driveway
Interior
- Virtual Tour
- Bathroom Information
- # of Full Bathrooms: 3
- Heating & Cooling
- Has Cooling
- Cooling: Ceiling Fan(s), Central Air
- Has Heating
- Heating: Forced Air, Natural Gas
- Interior Features
- Interior Features: Sound System, Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s), Wired for Sound
- Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
- Flooring: Carpet, Tile, Wood
- Has Fireplace
- # of Fireplaces: 2
- Fireplace Features: Masonry, Stone, Wood Burning
- Room Information
- Laundry Features: Washer Hookup, In Basement
- Has Basement
- Basement Details: Crawl Space, Interior Entry, Partial, Partially Finished
Exterior
- Exterior Features
- Exterior Features: Dock
- Patio And Porch Features: Patio, Deck
- Roof: Composition, Shingle
- Building Information
- Direction Faces: South
- Sq. Ft.: 2692
- Above Grade Finished Area: 2,412
- Below Grade Finished Area: 280
- Levels: One
- # of Stories Total: 1
- Construction Materials: Cedar, Frame, Stone, Wood Siding
- Foundation Details: Block
- Property Features
- On Waterfront
- Waterfront Features: Lake Front
- Has View
- Other Structures: Guest House
- Property Information
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Raw Mls Property Sub Type: SingleFamilyResidence
- Lot Information
- Lot Features: Private, Secluded, Sloped, Views, Waterfront
- Frontage Type: Lakefront
- Frontage Length: 467
- Water Body Name: ISLAND
- Road Surface Type: Unimproved
- Road Responsibility: Private Maintained Road
- Road Frontage Type: Unimproved, Easement, Private Road
- Zoning Description: Residential
Financial
- Tax Information
- Tax Annual Amount: $9,633
Utilities
- Utility Information
- Sewer: Septic Tank
Location
- Schools Information
- Elementary School: VI North Lakeland
- Middle Or Junior School: VI North Lakeland
- High School: ON Lakeland Union
- Location Information
- Directions: From Manitowish Waters take CTH W north to right on CTH K to right on Fallon Rd to left on Rice Bay Lane to property on right
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Single Family Residential
- Year Built: —
- Year Renovated: —
- County: Vilas County
- APN: 4-427, 4-431-01
Around this home
Schools
Public PreK-8 • Assigned • 2.4mi
Public 9-12 • Assigned • 17.1mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 91° expected this year, 13 days in 30 years
Minimal risk of severe winds over next 30 years
0 unhealthy days expected this year, 0 days in 30 years
Sun exposure
In this area, properties receive around 9.3 hours in June and 3.2 hours in December, placing it below the U.S. average for solar exposure.
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Nearby similar homes
New listings for sale in 54512
Home values near 12521 Rice Bay Ln
| Address | Redfin Estimate |
|---|---|
4 Beds | 4 Baths | 3467 Sq. Ft. | $2,534,811 |
3 Beds | 2 Baths | 1200 Sq. Ft. | $932,614 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1780 Sq. Ft. | $853,726 |
3 Beds | 2 Baths | 1696 Sq. Ft. | $899,372 |
| Address | Redfin Estimate |
|---|---|
5 Beds | 2 Baths | 1510 Sq. Ft. | $1,298,821 |
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