OFF MARKET

Off Market May 2023 for $449K

$609,943

Est. refi paymentEst. refi $2,889/mo

•

1,920

sq ft

4053 Peninsula Rd, Park Falls, WI 54552

About this home

A Gem Of A Location! Beautiful Home on an Island-Like Peninsula surrounded by Woods & Water creates a Private Setting for this 1.49 acre parcel. A warm & Spacious 2000+ sq ft 2 Story Gem located on Lower Springstead Lake, in Springstead, WI. Featuring 200' of SW Sunset Exposure and Sand frontage on this 2 Lake Chain; noted for it's Muskie & Walleye. The Home features a warm inviting Knotty Pine interior with custom built in shelving throughout, Upper Master Bedroom Suite with Private Bath and Walk-In closet, Cathedral Ceiling Main Level Great Room with Field Stone Fireplace, Kitchen with a sit-down Snack Counter, Sun Room over looking the Lake, Tiffany lighting, Main Level Laundry, Guest bedroom, Full Bath and Attached 2-Car Garage. The Lower Level is unfinished w/ wood stove, but painted and could be easily finished for additional living space. There is a Large Patio Deck overlooking landscaping & gardens, shed, & new dock, along with a large Detached 2+ Car Garage w/ Heated Workshop.

Single-familyProperty Type

1.49 acresLot Size

$318Est. Price/Sq.Ft.

2 car garageParking

Listed by DEREK LARSON TEAM • FIRST WEBER - MINOCQUA

Bought with DEREK LARSON TEAM • FIRST WEBER - MINOCQUA

Redfin checked: 3 minutes ago

•Source:GNMLS #200767

Redfin Estimate

$609,943

$160K since sold in May 2023$8,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 4.7% lower than the average sale price ($640K) of 6 comparable homes.

SOLD NOV 14, 2025
$453,999
A
2 beds2 baths1,612 sq ft
14886 Redpoll Ln, Lac du Flambeau, WI 54538
SOLD JUL 10, 2026
$425,000
B
2 beds2 baths2,287 sq ft
14175 Yeschek Ln, Lac du Flambeau, WI 54538
SOLD DEC 23, 2025
$977,060
C
3 beds2 baths1,905 sq ft
4063N Kimmear Rd, Mercer, WI 54547
SOLD OCT 3, 2025
$497,500
D
2 beds2 baths1,246 sq ft
N16411 Cys Dr, Park Falls, WI 54552
SOLD AUG 3, 2026
$519,900
E
2 beds2 baths2,338 sq ft
8739 Bakely Cir W, Minocqua, WI 54548
SOLD JUN 1, 2026
$967,900
F
2 beds3 baths2,858 sq ft
6403 Omeara Rd, Butternut, WI 54514

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Earn from this home

Refinance

Est. cash available

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Rent

$2,100/mo

Redfin rental estimate

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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
$219,900
3 beds2 baths1,770 sq ft
932 Atwood Ave, Park Falls, WI 54552
See all

Provided by Redfin

Sale history for 4053 Peninsula Rd

Date

Event

Price

GNMLS #200767

May 5, 2023

Sold

$449,900

$234/sq ft

Mar 24, 2023

Contingent

—

Mar 20, 2023

Listed

$449,900

$234/sq ft

GNMLS #184378

Aug 28, 2020

Sold

$359,000

$187/sq ft

May 13, 2020

Listed

$359,000

$187/sq ft

+46

A Gem Of A Location! Beautiful Home on an Island-Like Peninsula surrounded by Woods & Water creates a Private Setting for this 1.49 acre parcel. A warm & Spacious 2000+ sq ft 2 Story Gem located on Lower Springstead Lake, in Springstead, WI. Featuring 200' of SW Exposure and Sand frontage on this 2 Lake Chain; noted for it's Muskie & Walleye. The Home features Knotty Pine interior with custom built in shelving throughout, Upper Master Bedroom Suite with Private Bath and Walk-In closet, Cathedral ceiling Main Level Great Room with Field Stone Fireplace, Kitchen with a sit-down Snack Counter, Sun Room over looking the Lake, Main Level Laundry, Guest bedroom, Full Bath and Attached 2-Car Garage. The Lower Level is unfinished but painted and could be easily finished for additional living space. There is a Large Deck overlooking landscaping & gardens along with Detached 2+ Car Garage with Workshop.

Year

Property tax

Land + Additions

Assessment*

2025

$4,402 (+3.2%)

$164,800 + $264,100

$428,900

2024

$4,263 (+10.6%)

$164,800 + $264,100

$428,900

2023

$3,856 (−5.4%)

$131,800 + $211,300

$343,100

2022

$4,076 (−6.8%)

$131,800 + $211,300

$343,100

2021

$4,375 (−4.1%)

$131,800 + $211,300

$343,100

2020

$4,564 (−3.0%)

$131,800 + $211,300

$343,100

2019

$4,704 (+2.1%)

$131,800 + $211,300

$343,100

2018

$4,609 (+5.0%)

$131,800 + $211,300

$343,100

2017

$4,391 (+7.4%)

$131,800 + $211,300

$343,100

2016

$4,090 (+4.4%)

$131,800 + $211,300

$343,100

2014

$3,917 (−10.7%)

$131,800 + $211,300

$343,100

2013

$4,385

$131,800 + $211,300

$343,100

Tax history for 4053 Peninsula Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,402 (+3.2%)

$164,800 + $264,100

$428,900

2024

$4,263 (+10.6%)

$164,800 + $264,100

$428,900

2023

$3,856 (−5.4%)

$131,800 + $211,300

$343,100

2022

$4,076 (−6.8%)

$131,800 + $211,300

$343,100

2021

$4,375 (−4.1%)

$131,800 + $211,300

$343,100

2020

$4,564 (−3.0%)

$131,800 + $211,300

$343,100

2019

$4,704 (+2.1%)

$131,800 + $211,300

$343,100

2018

$4,609 (+5.0%)

$131,800 + $211,300

$343,100

2017

$4,391 (+7.4%)

$131,800 + $211,300

$343,100

2016

$4,090 (+4.4%)

$131,800 + $211,300

$343,100

2014

$3,917 (−10.7%)

$131,800 + $211,300

$343,100

2013

$4,385

$131,800 + $211,300

$343,100

*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

1.49 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Iron County

APN

020 0682-0100

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 19, 2026.

Property details

Parking

Parking/Garage Information
# of Parking Spaces Total: 2
Has Garage
Has Attached Garage
# of Garage Spaces: 2
Parking Features: Attached, Detached, Garage, Storage, Driveway

Interior

Bathroom Information
# of Full Bathrooms: 2

Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s), Central Air
Has Heating
Heating: Forced Air, Floor Furnace, Propane

Interior Features
Interior Features: Ceiling Fan(s), Cathedral Ceiling(s), Central Vacuum, High Ceilings, Other, Vaulted Ceiling(s), Walk-In Closet(s)
Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
Flooring: Carpet, Vinyl
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Stone, Wood Burning

Room Information
Laundry Features: Main Level
Has Basement
Basement Details: Full, Interior Entry, Bath/Stubbed, Sump Pump, Unfinished

Exterior

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

Building Information
Direction Faces: South
Sq. Ft.: 2200
Above Grade Finished Area: 1,920
Levels: Two
# of Stories Total: 2
Construction Materials: Frame, Metal Siding
Foundation Details: Block

Property Features
On Waterfront
Waterfront Features: Lake Front
Has View
Other Structures: Shed(s)

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

Lot Information
Lot Features: Level, Private, Secluded, Views, Wooded, Waterfront
Frontage Type: Lakefront
Frontage Length: 200
Water Body Name: LOWER SPRINGSTEAD
Road Surface Type: Paved
Zoning Description: Residential

Financial

Tax Information
Tax Annual Amount: $4,076

Utilities

Utility Information
Electric: Circuit Breakers
Utilities: Phone Available, Underground Utilities

Location

Schools Information
Elementary School: PR Chequamegon
Middle Or Junior School: PR Chequamegon (Park Falls / Glidden)
High School: PR Chequamegon

Location Information
Directions: From 51 in Woodruff, turn Left onto Hwy 47 go approx 24 miles (cont. thru LDF) to Left on Hwy 182. G go 9 miles on Hwy 182 to Left on Springstead Lakes Road to Right on Peninsula Rd cont. to fire #4053W.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 1.49 acres
Style: Other
Year Built: —
Year Renovated: —
County: Iron County
APN: 020 0682-0100

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

2/10 Fire Factor

0.00% chance of being 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

$580,000 – $702,000

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

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New listings for sale in 54552

$244,900

5 beds4 baths3,140 sq ft

1428 4th Avenue South, Park Falls, WI 54552

$219,900

3 beds2 baths1,770 sq ft

932 Atwood Ave, Park Falls, WI 54552

Home values near 4053 Peninsula Rd

Data from public records.

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

Address	Redfin Estimate
3987W Peninsula Road, Park Falls, WI 3 Beds \| 1.5 Baths \| 1645 Sq. Ft.	$628,359
3971W Peninsula Road, Park Falls, WI 3 Beds \| 2 Baths \| 1248 Sq. Ft.	$463,095

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

Property information provided by GNMLS when last listed in 2023. This data may not match . Learn more.

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