OFF MARKET

Off Market Dec 2021 for $350K

$628,359

Est. refi paymentEst. refi $2,230/mo

•

1,645

sq ft

3987W Peninsula Rd, Park Falls, WI 54552

About this home

Absolutely remarkable piece of property on beautiful Springstead Lake Chain -- Lower Springstead Lake & Upper Springstead for 218 total acres. Enjoy gorgeous West sunsets, nature & the call of the loon family, that make this lake their home! Circular drive with a great seating, fire pit area in the middle, lakeside! 402 feet of frontage. The lower level has the master bedroom, den, bath, powder room and convenient galley kitchen with island to the large dining room that is open to the spacious living room with brick, wood burning fireplace. The upper level has 2 bedroom areas that could easily be closed for 2 private bedrooms as each has their own door and closet - present owners have left it a large l-shaped BR. The detached garage is 2-1/2 car size. Large lakeside deck off of kitchen. A dry boathouse with rails and pier is located via easy steps to the little bay on the east side of the property. Many extras included! Make your wonderful Northwoods memories here!

Single-familyProperty Type

1977Year Built

1.5 acresLot Size

$382Est. Price/Sq.Ft.

2 car garageParking

Listed by JO ANN KLUG • SCHMIDT-HAUS REALTY

Bought with PHILIP LEWANDOWSKI • RE/MAX ACTION NORTHWOODS REALTY, LLC

Redfin checked: 3 minutes ago

•Source:GNMLS #191763

Redfin Estimate

$628,359

$278K since sold in December 2021$4,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 40.9% higher than the average sale price ($446K) of 5 comparable homes.

SOLD MAY 8, 2026
$239,900
A
3 beds1 bath1,521 sq ft
W2371 Newman Lake Rd Rd N, Park Falls, WI 54552
SOLD NOV 14, 2025
$453,999
B
2 beds2 baths1,612 sq ft
14886 Redpoll Ln, Lac du Flambeau, WI 54538
SOLD JUN 15, 2026
$580,000
C
3 beds2 baths1,728 sq ft
3086 Sand Lake Lodge Ln, Lac du Flambeau, WI 54538
SOLD JUL 31, 2026
$400,000
D
3 beds2 baths1,041 sq ft
4709 Lamekas Rd, Mercer, WI 54547
SOLD JUL 17, 2026
$556,000
E
3 beds2 baths1,635 sq ft
2325 Point Ln, Lac du Flambeau, WI 54538

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Market trends in 54552, WI

Last updated July 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

96.2%

+0.8% MoM

Median sale price

$190K

$4K MoM

Avg. days on market

84d

40 days MoM

Recently sold homes

0 MoM

New listings for sale

$244,900
5 beds4 baths3,140 sq ft
1428 4th Avenue South, Park Falls, WI 54552
$229,900
3 beds2 baths1,770 sq ft
932 Atwood Ave, Park Falls, WI 54552
See all

Provided by Redfin

Sale history for 3987W Peninsula Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,539 (+3.2%)

$213,900 + $228,300

$442,200

2024

$4,397 (+5.3%)

$213,900 + $228,300

$442,200

2023

$4,176 (−4.8%)

$171,100 + $182,600

$353,700

2022

$4,387 (−7.7%)

$171,100 + $182,600

$353,700

2021

$4,752 (−2.1%)

$171,100 + $182,600

$353,700

2020

$4,855 (−3.4%)

$171,100 + $182,600

$353,700

2019

$5,027 (+2.5%)

$171,100 + $182,600

$353,700

2018

$4,903 (+5.9%)

$171,100 + $182,600

$353,700

2017

$4,629 (+7.0%)

$171,100 + $182,600

$353,700

2016

$4,325 (+4.8%)

$171,100 + $182,600

$353,700

2014

$4,125 (−10.5%)

$171,100 + $182,600

$353,700

2013

$4,611

$171,100 + $182,600

$353,700

Tax history for 3987W Peninsula Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,539 (+3.2%)

$213,900 + $228,300

$442,200

2024

$4,397 (+5.3%)

$213,900 + $228,300

$442,200

2023

$4,176 (−4.8%)

$171,100 + $182,600

$353,700

2022

$4,387 (−7.7%)

$171,100 + $182,600

$353,700

2021

$4,752 (−2.1%)

$171,100 + $182,600

$353,700

2020

$4,855 (−3.4%)

$171,100 + $182,600

$353,700

2019

$5,027 (+2.5%)

$171,100 + $182,600

$353,700

2018

$4,903 (+5.9%)

$171,100 + $182,600

$353,700

2017

$4,629 (+7.0%)

$171,100 + $182,600

$353,700

2016

$4,325 (+4.8%)

$171,100 + $182,600

$353,700

2014

$4,125 (−10.5%)

$171,100 + $182,600

$353,700

2013

$4,611

$171,100 + $182,600

$353,700

*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

1.5 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Iron County

APN

020 0683-0000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 19, 2026.

Property details

Parking

Parking/Garage Information
Has Garage
# of Garage Spaces: 2
Parking Features: Garage, Driveway

Interior

Bathroom Information
# of Full Bathrooms: 1
# of Half Bathrooms: 1

Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s)
Has Heating
Heating: Hot Water, Propane

Interior Features
Interior Features: Ceiling Fan(s)
Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Freezer, Microwave, Refrigerator, Washer
Flooring: Carpet, Laminate
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Masonry, Wood Burning

Room Information
Laundry Features: Washer Hookup, In Basement
Has Basement
Basement Details: Full, Unfinished

Exterior

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

Building Information
Direction Faces: West
Sq. Ft.: 1645
Above Grade Finished Area: 1,645
Levels: Two
# of Stories Total: 2
Construction Materials: Frame, Wood Siding
Foundation Details: Block

Property Features
On Waterfront
Waterfront Features: Lake Front
Has View
Other Structures: Boat House

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

Lot Information
Lot Features: Level, Sloped, Views, Wooded, Waterfront
Frontage Type: Lakefront
Frontage Length: 402
Water Body Name: LOWER SPRINGSTEAD
Road Surface Type: Paved

Financial

Tax Information
Tax Annual Amount: $4,855

Utilities

Utility Information
Water Source: Private, Well
Electric: Circuit Breakers

Location

Location Information
Directions: Hwy. W to Rt on Hwy. 51 to Left on Hwy 47 to Rt on Hwy 182 to Left on past Springstead Inn to Rt on Peninsula Rd to property on left - Fire # 3987W

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 1.5 acres
Style: Other
Year Built: —
Year Renovated: —
County: Iron County
APN: 020 0683-0000

Home facts updated by county records on Aug 19, 2026

Around this home

Schools

Park Falls Elementary School

Public PreK-5 • Assigned • 16.1mi

6/10

Chequamegon Middle School

Public 6-8 • Assigned • 22.9mi

6/10

Chequamegon High School

Public 9-12 • Assigned • 16.2mi

9/10

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 91° 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

Park Falls, WI • 54552

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

$597,000 – $723,000

Sell confidently with a local market expert in Park Falls. 3 minutes to get started.

Nearby similar homes

$159,900

2 beds1 bath924 sq ft

75782 Gear Rd, Glidden, WI 54527

$69,900

Land— sq ft

N14396 Krucky Rd, Fifield, WI 54524

$349,900

3 beds1.5 baths2,140 sq ft

16340 N State Highway 13, Park Falls, WI 54552

$599,000

Land— sq ft

6540 Swamsauger Heights Rd, Tripoli, WI 54564

$1,019,000

4 beds3 baths2,072 sq ft

1645 Indian Waters Ln, Lac Du Flambeau, WI 54538

$64,900

2 beds1 bath748 sq ft

N14099 W Central Ave, Fifield, WI 54524

New listings for sale in 54552

$244,900

5 beds4 baths3,140 sq ft

1428 4th Avenue South, Park Falls, WI 54552

$229,900

3 beds2 baths1,770 sq ft

932 Atwood Ave, Park Falls, WI 54552

Home values near 3987W Peninsula Rd

Data from public records.

Address	Redfin Estimate
4037W Peninsula Rd, Park Falls, WI 2 Beds \| 1 Baths \| 1140 Sq. Ft.	$368,029
3910W Peninsula Rd, Park Falls, WI 2 Beds \| 1.5 Baths \| 1280 Sq. Ft.	$562,613

Address	Redfin Estimate
4053W Peninsula Rd, Park Falls, WI 2 Beds \| 2 Baths \| 1920 Sq. Ft.	$609,943
3971W Peninsula Rd, Park Falls, WI 3 Beds \| 2 Baths \| 1248 Sq. Ft.	$463,095

Address	Redfin Estimate
4089W Peninsula Rd, Park Falls, WI 3 Beds \| 2 Baths \| 1671 Sq. Ft.	$972,366
3951W Peninsula Rd, Park Falls, WI 3 Beds \| 1 Baths \| 1524 Sq. Ft.	$515,739

Property information provided by GNMLS when last listed in 2021. This data may not match . Learn more.

More real estate resources

Cities
Zip Codes
Popular Searches

Glidden homes for sale
Phillips homes for sale
Butternut homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Houses for sale near me	Madison, WI homes for sale	Wauwatosa, WI homes for sale
Land for sale near me	Milwaukee, WI homes for sale	Green Bay, WI homes for sale
Open Houses near me	Lake Geneva, WI homes for sale	Park Falls Property Records
Condos for sale near me	Brookfield, WI homes for sale	WI New Listings
Agents near me	Kenosha, WI homes for sale	Park Falls Housing Market