BIRCH LAKE BARGAIN! This year round 3-bedroom home on Birch Lake is Priced to Sell. Birch is a quiet 180-acre Class A Musky Lk located between Minocqua, Rhinelander and Tomahawk. Not a musky fisherman, no problem; cast a line for perch, walleye, northern, bass or panfish or forget about fishing altogether and enjoy the 100' of swimming shoreline or a lakeside campfire. A spacious deck is perfect for cookouts or cocktails. The sun room offers nice lake views and an open concept floor plan, complete with wood burning fireplace, let's everyone take part in the conversation about the one that got away or the loons you saw. With 3 bedrooms there's provide plenty of room for the gang. The basement and lakeside shed provide space for all the toys. If no one feels like cooking when hunger strikes, head over to the resort for a bite to eat. The Bearskin Trail is right down the road for hiking/ biking or snowmobiling. Don't miss this out on this bargain of a waterfront cabin "up north".
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Market trends in 54529, WI
Last updated October 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-list price
90.7%
8.0% MoM
Median sale price
$500K
$77K MoM
Avg. days on market
83d
42 days MoM
Recently sold homes
9
1 MoM
Provided by Redfin
Sale history for 5376 Lakewood Dr
Date
Event
Price
GNMLS #171736
Jul 13, 2018
Sold
$148,000
$145/sq ft
May 15, 2018
Listed
$155,000
$152/sq ft
GNMLS #149409
Feb 5, 2016
Sold
$140,000
$137/sq ft
Apr 27, 2015
Listed
$150,000
$147/sq ft
+15
BIRCH LAKE BARGAIN! - Year round 3 bdrm home on Birch Lk is priced $12k less than FMV. Birch is a quiet 180 acre Class A Musky Lk. Not a musky fisherman? No problem, cast a line for perch, walleye, northern, bass or panfish or forget about fishing altogether and enjoy the 100' of swimming shoreline. A spacious deck is perfect for cookouts or cocktails. The home's sun room provides nice lake views and is the perfect spot for curling up with a good book. An open concept floor plan, complete with wood burning fireplace, let's everyone take part in the conversation about the one that got away or the loons you saw. With 3 bedrooms there's provide plenty of room for the gang and the basement and lakeside shed provide space for all the toys. When hunger strikes and no one feels like cooking head over to the resort for a burger or the Bearskin trail is right down the road for hiking/ biking or snowmobiling. Don't miss this out on this great price on a waterfront cabin "up north".
Year
Property tax
Land + Additions
Assessment*
2025
$2,309 (+0.5%)
$78,800 + $86,100
$164,900
2024
$2,297 (+12.2%)
$78,800 + $86,100
$164,900
2023
$2,048 (+6.4%)
$78,800 + $86,100
$164,900
2022
$1,924 (−9.2%)
$78,800 + $86,100
$164,900
2021
$2,120 (+2.6%)
$78,800 + $86,100
$164,900
2020
$2,067 (+3.8%)
$78,800 + $86,100
$164,900
2019
$1,991 (−5.9%)
$78,800 + $86,100
$164,900
2018
$2,116 (+1.8%)
$78,800 + $86,100
$164,900
2017
$2,078 (−9.1%)
$78,800 + $86,100
$164,900
2016
$2,287 (+4.8%)
$78,800 + $86,100
$164,900
2015
$2,182 (−3.8%)
$78,800 + $86,100
$164,900
2014
$2,268 (−6.3%)
$78,800 + $86,100
$164,900
2013
$2,420
$94,600 + $97,900
$192,500
Tax history for 5376 Lakewood Dr
Year
Property tax
Land + Additions
Assessment*
2025
$2,309 (+0.5%)
$78,800 + $86,100
$164,900
2024
$2,297 (+12.2%)
$78,800 + $86,100
$164,900
2023
$2,048 (+6.4%)
$78,800 + $86,100
$164,900
2022
$1,924 (−9.2%)
$78,800 + $86,100
$164,900
2021
$2,120 (+2.6%)
$78,800 + $86,100
$164,900
2020
$2,067 (+3.8%)
$78,800 + $86,100
$164,900
2019
$1,991 (−5.9%)
$78,800 + $86,100
$164,900
2018
$2,116 (+1.8%)
$78,800 + $86,100
$164,900
2017
$2,078 (−9.1%)
$78,800 + $86,100
$164,900
2016
$2,287 (+4.8%)
$78,800 + $86,100
$164,900
2015
$2,182 (−3.8%)
$78,800 + $86,100
$164,900
2014
$2,268 (−6.3%)
$78,800 + $86,100
$164,900
2013
$2,420
$94,600 + $97,900
$192,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.