OFF MARKET

Off Market Aug 2020 for $352K

$732,686

Est. refi paymentEst. refi $2,264/mo

•

2,014

sq ft

1508 Watersmeet Lake Rd, Eagle River, WI 54521

About this home

COMPLETELY REMODELED, including a new roof in 2019, BEAUTIFUL views of the Wisconsin River, ACCESS TO THE CHAIN, 3 Bedrooms & 3 Baths for $359,000! THERE'S MORE! The unfinished (except for the 3rd full bath) lower level walkout offers room to create your dream space. Love gardening? Use your imagination around the beautiful boulder retaining walls, then enjoy a beverage on the deck overlooking your creation. The whole house remodel includes a wonderfully updated kitchen, new lighting & bathrooms, all in a style worthy of HGTV. While updated with new paint and flooring, the bedrooms retain the charm & functionality of built in cabinetry and the original, real stone, wood burning fireplace offers ambiance and warmth on cold winter nights. Need more than a 2-car garage? There's land to expand for your 'big kid' toy collection! Close to town, in the heart of all the Northwoods has to offer and move in ready! Call NOW! Did we mention chain access, remodeled, HGTV styling?

Single-familyProperty Type

0.95 acresLot Size

$364Est. Price/Sq.Ft.

2 garage spacesParking

Listed by JULIE WINTER-PAEZ (JWP GROUP) • RE/MAX PROPERTY PROS

Bought with LISA EGGMAN • RE/MAX PROPERTY PROS

Redfin checked: a few seconds ago

•Source:GNMLS #185857

Redfin Estimate

$732,686

$381K since sold in August 2020$11K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 58.4% higher than the average sale price ($463K) of 6 comparable homes.

SOLD SEP 3, 2025
$375,000
A
3 beds3 baths2,534 sq ft
1160 Chickaree Lake Rd, Eagle River, WI 54521
SOLD JUL 17, 2026
$335,500
B
3 beds2 baths1,298 sq ft
5856 River Rd, Eagle River, WI 54521
SOLD JUN 17, 2026
$629,500
C
3 beds1.5 baths2,238 sq ft
1100 Drager Rd, Eagle River, WI 54521
SOLD JUN 17, 2026
$700,000
D
3 beds2 baths1,922 sq ft
5850 Boot Lake Rd, Eagle River, WI 54521
SOLD JUL 30, 2026
$260,000
E
3 beds2 baths1,611 sq ft
2489 Hunter Lake Rd E, Eagle River, WI 54521
SOLD JUN 12, 2026
$475,000
F
2 beds2.5 baths1,895 sq ft
1174 Zeman Rd, Eagle River, WI 54521

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Earn from this home

Refinance

Est. cash available

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Market trends in 54521, WI

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.6%

+1.5% MoM

Median sale price

$410K

$36K MoM

Avg. days on market

49d

12 days MoM

Recently sold homes

14 MoM

New listings for sale

$318,500
2 beds2 baths1,152 sq ft
4366 Pine Breeze Way, Eagle River, WI 54521
$299,500
4 beds2 baths1,448 sq ft
655 Bond St N, Eagle River, WI 54521
$347,500
4 beds2 baths3,460 sq ft
4281 Hwy 70, Eagle River, WI 54521
$1,999,000
5 beds3.5 baths3,666 sq ft
2482 Clearwater Lake Trl, Eagle River, WI 54521
$997,000
3 beds2 baths1,706 sq ft
4539 Kanara Way, Eagle River, WI 54521
$559,900
3 beds2 baths2,000 sq ft
4974 Hwy 70 W, Eagle River, WI 54521
$650,000
1 bed1 bath488 sq ft
1456 Cranberry Lake Rd E, Eagle River, WI 54521
$489,000
3 beds2 baths2,126 sq ft
2245 Merkel Ave, Eagle River, WI 54521
$229,900
2 beds2 baths1,152 sq ft
308/310 Illinois St W, Eagle River, WI 54521
$2,700,000
3 beds2.5 baths4,101 sq ft
1209 Wooded Ln, Eagle River, WI 54521
See all

Provided by Redfin

Sale history for 1508 Watersmeet Lake Rd

Date

Event

Price

GNMLS #185857

Aug 18, 2020

Sold

$352,000

$175/sq ft

Jul 13, 2020

Listed

$359,000

$178/sq ft

GNMLS #171876

Apr 5, 2019

Sold

$232,800

$116/sq ft

May 23, 2018

Listed

$244,000

$121/sq ft

+43

WISCONSIN RIVER HOME - This great property is perfect for the buyer looking for an EAGLE RIVER CHAIN home with GREAT year-round access to everything on and off the water, yet with lower taxes! Located on a private lot, you can sit right on the bay just down from Watersmeet Lake, and you'll enjoy fantastic BIG water views. The home offers over 1800+ sq ft of finished living space all on the main level w/ a thoughtful floor plan that includes main level living, a wood burning fireplace, and a riverside deck for watching the wildlife. There are also 3 bedrooms and 2 baths upstairs as well as your utility room. In addition, there is a full basement with a walkout and a finished 3rd bathroom. So, you can finish off that lower level in any way that pleases YOU. There is a 2-car attached garage, an additional storage shed, and 150 ft of Chain of Lakes frontage. Enjoy being outdoors? This great location puts you near snowmobile trails, hunting, snowshoeing, cross country skiing and MORE!

GNMLS #117028

Mar 9, 2011

Listed

$249,900

$124/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$3,091 (+7.1%)

$152,300 + $367,200

$519,500

2024

$2,887 (−9.1%)

$152,300 + $367,200

$519,500

2023

$3,176

$152,300 + $367,200

$519,500

2022

$3,175 (+3.1%)

$98,400 + $249,400

$347,800

2021

$3,079 (+59.3%)

$98,400 + $249,400

$347,800

2020

$1,933 (−0.6%)

$98,700 + $120,400

$219,100

2019

$1,945 (+9.8%)

$98,700 + $120,400

$219,100

2018

$1,771 (+0.6%)

$98,700 + $120,400

$219,100

2017

$1,761 (−2.3%)

$98,700 + $120,400

$219,100

2016

$1,802 (+4.9%)

$98,700 + $120,400

$219,100

2014

$1,718 (−8.0%)

$98,700 + $120,400

$219,100

2013

$1,868

$137,500 + $97,400

$234,900

Tax history for 1508 Watersmeet Lake Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,091 (+7.1%)

$152,300 + $367,200

$519,500

2024

$2,887 (−9.1%)

$152,300 + $367,200

$519,500

2023

$3,176

$152,300 + $367,200

$519,500

2022

$3,175 (+3.1%)

$98,400 + $249,400

$347,800

2021

$3,079 (+59.3%)

$98,400 + $249,400

$347,800

2020

$1,933 (−0.6%)

$98,700 + $120,400

$219,100

2019

$1,945 (+9.8%)

$98,700 + $120,400

$219,100

2018

$1,771 (+0.6%)

$98,700 + $120,400

$219,100

2017

$1,761 (−2.3%)

$98,700 + $120,400

$219,100

2016

$1,802 (+4.9%)

$98,700 + $120,400

$219,100

2014

$1,718 (−8.0%)

$98,700 + $120,400

$219,100

2013

$1,868

$137,500 + $97,400

$234,900

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

0.95 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Vilas County

APN

14-1446

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

Property details

Parking

Parking/Garage Information
# of Parking Spaces Total: 698
Has Garage
Has Attached Garage
# of Garage Spaces: 2
Parking Features: Gravel, Attached, Garage, Driveway

Interior

Bathroom Information
# of Full Bathrooms: 3

Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s)
Has Heating
Heating: Forced Air, Natural Gas

Interior Features
Interior Features: Ceiling Fan(s), Walk-In Closet(s)
Appliances: Dryer, Electric Water Heater, Gas Oven, Gas Range, Refrigerator, Washer
Flooring: Other
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Stone, Wood Burning

Room Information
Laundry Features: Main Level
Has Basement
Basement Details: Daylight, Exterior Entry, Full, Interior Entry, Walk-Out Access

Exterior

Exterior Features
Exterior Features: Dock
Patio And Porch Features: Deck
Door Features: French Doors
Roof: Composition, Shingle

Building Information
Sq. Ft.: 2014
Above Grade Finished Area: 1,914
Below Grade Finished Area: 100
Levels: One
# of Stories Total: 1
Construction Materials: Frame, Stone, Wood Siding

Property Features
On Waterfront
Waterfront Features: River Front
Has View
Other Structures: Shed(s)

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: SingleFamilyResidence

Lot Information
Lot Features: Sloped, Views, Wooded, Waterfront
Frontage Type: River
Frontage Length: 149
Water Body Name: Wisconsin River
Road Surface Type: Paved
Zoning Description: Residential

Financial

Tax Information
Tax Annual Amount: $1,945

Utilities

Utility Information
Water Source: Private, Well
Electric: Circuit Breakers
Sewer: Septic Tank

Location

Schools Information
Elementary School: VI Northland Pines-ER
Middle Or Junior School: VI Northland Pines
High School: VI Northland Pines

Location Information
Directions: Hwy 70 East to Left on Hwy 45 to Left on Hwy G to Left on Watersmeet Lake Rd to Property on Left.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.95 acres
Style: Other
Year Built: —
Year Renovated: —
County: Vilas County
APN: 14-1446

Home facts updated by county records on Jul 29, 2026

Around this home

Schools

Northland Pines Elementary-Eagle River

Public PreK-6 • Assigned • 2.2mi

5/10

Northland Pines High School

Public 7-12 • Assigned • 2.4mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

1/10 Heat Factor

7 days above 92° expected this year, 12 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Eagle River, WI • 54521

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$697,000 – $843,000

Sell confidently with a local market expert in Eagle River. 3 minutes to get started.

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New listings for sale in 54521

$318,500

2 beds2 baths1,152 sq ft

4366 Pine Breeze Way, Eagle River, WI 54521

$299,500

4 beds2 baths1,448 sq ft

655 Bond St N, Eagle River, WI 54521

$347,500

4 beds2 baths3,460 sq ft

4281 Hwy 70, Eagle River, WI 54521

$1,999,000

5 beds3.5 baths3,666 sq ft

2482 Clearwater Lake Trl, Eagle River, WI 54521

$997,000

3 beds2 baths1,706 sq ft

4539 Kanara Way, Eagle River, WI 54521

$559,900

3 beds2 baths2,000 sq ft

4974 Hwy 70 W, Eagle River, WI 54521

$650,000

1 bed1 bath488 sq ft

1456 Cranberry Lake Rd E, Eagle River, WI 54521

$489,000

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2245 Merkel Ave, Eagle River, WI 54521

$229,900

2 beds2 baths1,152 sq ft

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Home values near 1508 Watersmeet Lake Rd

Data from public records.

Address	Redfin Estimate
1525 Watersmeet Lake Rd, Eagle River, WI 3 Beds \| 2 Baths \| 1577 Sq. Ft.	$328,026
1496 Watersmeet Lake Rd, Eagle River, WI 4 Beds \| 2 Baths \| 1254 Sq. Ft.	$541,536

Address	Redfin Estimate
1517 Watersmeet Lake Rd, Eagle River, WI 2 Beds \| 2 Baths \| 1530 Sq. Ft.	$372,751
1520 Watersmeet Lake Rd, Eagle River, WI 2 Beds \| 1 Baths \| 910 Sq. Ft.	$366,818

Address	Redfin Estimate
1479 Watersmeet Lake Rd, Eagle River, WI 3 Beds \| 1 Baths \| 1133 Sq. Ft.	$326,893
5265 Illinois Rd, Eagle River, WI 3 Beds \| 2 Baths \| 1034 Sq. Ft.	$588,855

Property information provided by GNMLS when last listed in 2020. This data may not match . Learn more.

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