Absolute jewel box on 297 feet of south facing shoreline with views of Michigans Porcupine Mountains. The wall of windows create sun filled spaces and a true feeling of nature and privacy. Woodstove, main floor master bedroom and beautiful screened porch. Vaulted ceiling in the bedroom and sleeping loft upstairs. One of Madeline Island's most superb lake views.
Single-familyProperty Type
2002Year Built
3.4 acresLot Size
Listed by Michael Lynch• Lakes Sotheby's International Realty
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Market trends in 54850, WI
Last updated September 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-List Price
95.9%
2.5% MoM
Median sale price
$440K
$93K MoM
Avg. days on market
74d
84 days MoM
Recently sold homes
6
4 MoM
Provided by Redfin
Sale history for 987 Stone Point Ln
Date
Event
Price
NORTHSTARMLS as Distributed by MLS Grid #4849897
Sep 14, 2017
Sold
$389,000
Aug 22, 2017
Pending
—
Jul 25, 2017
Contingent
—
Jul 5, 2017
Listed
$400,000
LSAR as distributed by WIREX #6059042
Sep 15, 2017
Sold
$389,000
Jul 3, 2017
Listed
$400,000
+15
This quaint cabin on Stone Point Lane sits on an amazing lakeshore lot. The sandstone rock out cropping has created a beautiful, private, sand beach cove on 277' of frontage and 3.4 acres. The well maintained cabin features two bedrooms, two baths and a open sleeping loft. The attached screen porch adds extra seasonal living space and opens up to large deck that runs the length of the house. The property is located less than a mile from the Big Bay State Park with one of the best beaches in Wisconsin!
NORTHSTARMLS as Distributed by MLS Grid #4748762
Dec 31, 2016
Listing Removed
—
Oct 11, 2016
Price Changed
$480,000
Aug 8, 2016
Listed
$489,000
NORTHSTARMLS as Distributed by MLS Grid #4628087
Jul 26, 2016
Listing Removed
—
Jul 28, 2015
Listed
$535,000
NORTHSTARMLS as Distributed by MLS Grid #4407300
Dec 11, 2014
Listing Removed
—
Aug 25, 2014
Listed
$535,000
Public Records
Aug 7, 2006
Sold
$535,000
Year
Property tax
Land + Additions
Assessment*
2025
$8,900 (+6.5%)
$276,500 + $181,600
$458,100
2024
$8,361 (−9.7%)
$276,500 + $181,600
$458,100
2023
$9,261 (+7.9%)
$241,800 + $123,500
$365,300
2022
$8,579 (+0.4%)
$241,800 + $123,500
$365,300
2021
$8,545 (+2.8%)
$241,800 + $123,500
$365,300
2020
$8,315 (+5.5%)
$241,800 + $123,500
$365,300
2019
$7,883 (+6.3%)
$241,800 + $123,500
$365,300
2018
$7,413 (−15.3%)
$241,800 + $123,500
$365,300
2017
$8,756 (−0.2%)
$292,600 + $147,200
$439,800
2016
$8,772 (+4.1%)
$292,600 + $147,200
$439,800
2015
$8,429 (−1.8%)
$292,600 + $147,200
$439,800
2014
$8,587
$325,100 + $147,200
$472,300
Tax history for 987 Stone Point Ln
Year
Property tax
Land + Additions
Assessment*
2025
$8,900 (+6.5%)
$276,500 + $181,600
$458,100
2024
$8,361 (−9.7%)
$276,500 + $181,600
$458,100
2023
$9,261 (+7.9%)
$241,800 + $123,500
$365,300
2022
$8,579 (+0.4%)
$241,800 + $123,500
$365,300
2021
$8,545 (+2.8%)
$241,800 + $123,500
$365,300
2020
$8,315 (+5.5%)
$241,800 + $123,500
$365,300
2019
$7,883 (+6.3%)
$241,800 + $123,500
$365,300
2018
$7,413 (−15.3%)
$241,800 + $123,500
$365,300
2017
$8,756 (−0.2%)
$292,600 + $147,200
$439,800
2016
$8,772 (+4.1%)
$292,600 + $147,200
$439,800
2015
$8,429 (−1.8%)
$292,600 + $147,200
$439,800
2014
$8,587
$325,100 + $147,200
$472,300
*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
3.4 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Ashland County
APN
014001581000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
Property details
Parking
Parking Information
Parking Features: Gravel, Open
Interior
Bedroom Information
# of Bedrooms: 2
Bathroom Information
# of Full Baths (Total): 1
# of Quarter Baths (Total): 1
Description: Main Floor Full Bath,Master Walk-Thru,Walk Thru
Room 1 Information
Room Type: Bedroom 4
Room 2 Information
Room Dimensions: 43 x 11
Room Level: Main
Room 3 Information
Room Type: Bedroom 2
Room Dimensions: 13 x 9
Room Level: Upper
Room 4 Information
Room Type: Dining Room
Room 5 Information
Room Type: Bedroom 3
Room 6 Information
Room Type: Bedroom 1
Room Dimensions: 11 x 10
Room Level: Main
Room 7 Information
Room Dimensions: 18 x 10
Room Level: Main
Room 8 Information
Room Type: Living Room
Room Dimensions: 13 x 10
Room Level: Main
Room 9 Information
Room Type: Kitchen
Room Dimensions: 13 x 8
Room Level: Main
Room 10 Information
Room Type: Loft
Room Dimensions: 10 x 7
Room Level: Upper
Room 11 Information
Room Type: Family Room
Room 12 Information
Room Type: Loft
Room Dimensions: 10 x 7
Room Level: Upper
Room 13 Information
Room Type: Family Room
Basement Information
Basement Features: Crawl Space, Partial
Other Rooms Information
Main Floor Bedroom
Fireplace Information
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Living Room, Wood Burning, Wood Burning Stove