Discover the charm of this 3BR, 3.5BA home on the Manitowish Waters Chain of Lakes between Wild Rice Lake & Alder Lake! Boasting picturesque water views of the Trout River from the main living area and the comfort of a gas-burning fireplace, this inviting residence is the perfect retreat in the Northwoods. The spacious layout includes a finished basement with additional bonus room, full bath, workshop and rec area. A large, level yard overlooks the water with just a few steps down to the private pier. For added peace of mind, a Generac whole-house generator ensures uninterrupted power during outages. A 2-car att. garage and a detached garage provide plenty of storage for your vehicles, boat, etc making it easy to embrace the lakefront lifestyle. Experience the beauty of the Manitowish Waters Chain, with its abundant recreational opportunities, from boating and fishing to exploring local bars and restaurants. Don't miss this opportunity on one of WI's most sought-after lake chains!
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Earn from this home
Rent
$2,547/mo
Redfin rental estimate
List your home for rent
Market trends in 54545, WI
Last updated October 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-list price
99.0%
0.0% MoM
Median sale price
$625K
$33K MoM
Avg. days on market
78d
22 days MoM
Recently sold homes
10
0 MoM
Provided by Redfin
Sale history for 12796 Alder Lake Rd
Date
Event
Price
GNMLS #207450
Aug 16, 2024
Sold
$770,000
$280/sq ft
Jun 26, 2024
Contingent
—
Jun 19, 2024
Listed
$849,000
$309/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,351 (+1.8%)
$135,100 + $230,900
$366,000
2024
$3,291 (+18.5%)
$135,100 + $230,900
$366,000
2023
$2,777 (−4.0%)
$135,100 + $230,900
$366,000
2022
$2,894 (+8.1%)
$135,100 + $230,900
$366,000
2021
$2,676 (−3.7%)
$135,100 + $230,900
$366,000
2020
$2,778 (+9.0%)
$135,100 + $230,900
$366,000
2019
$2,548 (+1.1%)
$135,100 + $230,900
$366,000
2018
$2,521 (+1.7%)
$135,100 + $230,900
$366,000
2017
$2,480 (−1.3%)
$135,100 + $230,900
$366,000
2016
$2,511 (+1.4%)
$135,100 + $230,900
$366,000
2014
$2,476 (−1.6%)
$135,100 + $230,900
$366,000
2013
$2,515
$151,900 + $231,600
$383,500
Tax history for 12796 Alder Lake Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,351 (+1.8%)
$135,100 + $230,900
$366,000
2024
$3,291 (+18.5%)
$135,100 + $230,900
$366,000
2023
$2,777 (−4.0%)
$135,100 + $230,900
$366,000
2022
$2,894 (+8.1%)
$135,100 + $230,900
$366,000
2021
$2,676 (−3.7%)
$135,100 + $230,900
$366,000
2020
$2,778 (+9.0%)
$135,100 + $230,900
$366,000
2019
$2,548 (+1.1%)
$135,100 + $230,900
$366,000
2018
$2,521 (+1.7%)
$135,100 + $230,900
$366,000
2017
$2,480 (−1.3%)
$135,100 + $230,900
$366,000
2016
$2,511 (+1.4%)
$135,100 + $230,900
$366,000
2014
$2,476 (−1.6%)
$135,100 + $230,900
$366,000
2013
$2,515
$151,900 + $231,600
$383,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
1.55 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Vilas County
APN
16-1456-01
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 23, 2026.
R-1
Single Family Residential 1 District
The purpose of the Single Family Residential District is to create areas for exclusive low density residential use and prohibit the intrusion of uses incompatible with quiet and comfort of such areas.