Come experience the views, the water, and the lake lifestyle you've been dreaming of. This waterfront home or getaway with 137 feet of 137 feet of frontage on sought-after Lake Alexander, west of Merrill. Whether your ideal day includes casting a line, cruising the lake, swimming, or boating to nearby Council Grounds State Park, this property offers endless opportunities to enjoy Lake Life. This exceptionally well-cared-for ranch home was built just 10 years ago and shows pride of ownership throughout. The inviting open-concept floor plan seamlessly connects the kitchen, dining, and living areas, creating a bright and comfortable space for gathering with family and friends. The home features 2 bedrooms, 2 full baths, and convenient main-floor laundry for easy everyday living. Off the patio door, take in breathtaking lake views from the covered waterside deck, the ideal setting for morning coffee, afternoon relaxation, or watching the sunset over the water. A full walk-out lower level provides a blank canvas for future expansion, offering plenty of room to add bedrooms, a family roo
Come experience the views, the water, and the lake lifestyle you've been dreaming of. This waterfront home or getaway with 137 feet of 137 feet of frontage on sought-after Lake Alexander, west of Merrill. Whether your ideal day includes casting a line, cruising the lake, swimming, or boating to nearby Council Grounds State Park, this property offers endless opportunities to enjoy Lake Life. This exceptionally well-cared-for ranch home was built just 10 years ago and shows pride of ownership throughout. The inviting open-concept floor plan seamlessly connects the kitchen, dining, and living areas, creating a bright and comfortable space for gathering with family and friends. The home features 2 bedrooms, 2 full baths, and convenient main-floor laundry for easy everyday living. Off the patio door, take in breathtaking lake views from the covered waterside deck, the ideal setting for morning coffee, afternoon relaxation, or watching the sunset over the water. A full walk-out lower level provides a blank canvas for future expansion, offering plenty of room to add bedrooms, a family room, or additional entertaining space. Maintained and mature planting beds add color, character, and curb appeal to this turnkey waterfront property. Whether you're looking for a year-round residence, or a vacation retreat, this Lake Alexander gem could be yours. Walk along the west part of the lot, you will find a place to put your future dock. There is also a pumping system to water your lawn. Winter enjoy the cozy fireplace in the living room or get our and snowmobile from your front door, and get to ice fishing, or the famous Lake Alexander Ice Drags.
CWMLS #22603043
Jul 29, 2026
Price Changed
$449,000
$349/sq ft
Jun 24, 2026
Listed
$499,900
$388/sq ft
GNMLS #199902
May 12, 2023
Sold
$355,000
$276/sq ft
Mar 16, 2023
Contingent
—
Nov 29, 2022
Listed
$375,000
$291/sq ft
+50
Quaint and cozy 2 bedroom Ranch home on Lake Alexander! Home has many luxuries to offer such as main floor open concept. Living room features gas fireplace and laminate wood flooring throughout main living area. Kitchen has a great amount of Hickory Cabinetry and stainless steel appliances as well as breakfast island with stools. Dinette area off the kitchen. Dual patio doors off living room and dinette area offer wonderful views of the lake and backyard and open to a lovely wooden, covered Deck. Deck wraps around to the backyard and also has entrance to the main floor laundry room. Washer and dryer area also included. Two main level bedrooms including Owner’s suite with full bathroom and walk in closet. Main floor bathroom is also spacious. Plenty of storage in the home is offered. Lower level is unfinished with the exception of a ½ bathroom but has plenty room for future expansion. A must see waterfront property.
CWMLS #22205715
May 12, 2023
Sold
$355,000
$276/sq ft
Mar 15, 2023
Contingent
—
Nov 29, 2022
Listed
$375,000
$291/sq ft
GNMLS #198575
Aug 16, 2022
Listed
$399,900
$310/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,185 (+14.8%)
$126,300 + $215,200
$341,500
2024
$3,645 (+3.9%)
$126,300 + $215,200
$341,500
2023
$3,509 (+3.3%)
$76,100 + $124,200
$200,300
2022
$3,398 (−12.3%)
$76,100 + $124,200
$200,300
2021
$3,873 (+0.4%)
$76,100 + $124,200
$200,300
2020
$3,859 (+11.1%)
$76,100 + $124,200
$200,300
2019
$3,474 (−0.3%)
$76,100 + $124,200
$200,300
2018
$3,486 (+158.1%)
$76,100 + $124,200
$200,300
2017
$1,350
$76,100 + $5,600
$81,700
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
1 Acre
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
Lincoln County
APN
02431060519991
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 29, 2026.
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 94° expected this year, 13 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
Merrill, WI • 54452
Average low and high temperatures (°F)
20
4
28
10
44
23
54
33
66
43
75
55
80
60
76
56
74
50
61
38
42
28
26
13
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11.2 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for N2276 Rae Dr
$440,571
$8,429 under list price of $449K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $270K to $610K.