Peninsula Island setting 4 BR, 2.5 BA, 2,175 Sq. Ft. one story w/ basement. 765 ft sand frontage ground level just feet away from the water. Water surrounds on three sides of private 3.2 acres. New Well and Furnace. Septic is in excellent condition. Recently remodeled kitchen baths flooring. LAUNCH YOUR BOAT FROM THE ON-PROPERTY BOAT RAMP.
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Market trends in 54562, WI
Last updated July 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
97.9%
+4.2% MoM
Median sale price
$577K
$246K MoM
Avg. days on market
89d
20 days MoM
Recently sold homes
8
4 MoM
Provided by Redfin
Sale history for 7600 Wheeler Island Rd
Date
Event
Price
GNMLS #171238
Sep 26, 2018
Sold
$490,000
$225/sq ft
May 4, 2018
Listed
$499,900
$230/sq ft
GNMLS #134955
Aug 26, 2013
Sold
$532,000
$245/sq ft
Jun 15, 2013
Listed
$575,000
$264/sq ft
+15
Vintage Northwood's charm on this peninsula/"island" setting! This 4 bedroom, 2 1/2 bath ranch sits on 700+/- glorious level sand frontage that is just feet away from the water! You can't build 'em like THIS anymore! Spectacular waterfront views from the master bedroom, the spacious living room, the kitchen and game room! Water surrounds you on THREE sides of this private setting on beautiful Island Lake in Three Lakes. Tongue and groove throughout with a stone fireplace in the living room, brick fireplace in the kitchen. Fantastic storage with beautiful built-ins. This home has been owned by only ONE family and is truly a diamond in the rough! #7794
Year
Property tax
Land + Additions
Assessment*
2025
$6,461 (+13.9%)
$315,000 + $201,000
$516,000
2024
$5,675 (+0.2%)
$315,000 + $201,000
$516,000
2023
$5,664 (+7.3%)
$315,000 + $201,000
$516,000
2022
$5,280 (+2.2%)
$315,000 + $201,000
$516,000
2021
$5,164 (+1.0%)
$315,000 + $175,000
$490,000
2020
$5,114 (−0.3%)
$315,000 + $175,000
$490,000
2019
$5,129 (−0.1%)
$315,000 + $175,000
$490,000
2018
$5,135 (+4.9%)
$315,000 + $175,000
$490,000
2017
$4,895 (+121.6%)
$315,000 + $175,000
$490,000
2016
$2,209
$90,000 + $157,800
$247,800
2015
$2,210 (−2.7%)
$90,000 + $157,800
$247,800
2014
$2,272 (−3.1%)
$90,000 + $157,800
$247,800
2013
$2,344
$90,000 + $157,800
$247,800
Tax history for 7600 Wheeler Island Rd
Year
Property tax
Land + Additions
Assessment*
2025
$6,461 (+13.9%)
$315,000 + $201,000
$516,000
2024
$5,675 (+0.2%)
$315,000 + $201,000
$516,000
2023
$5,664 (+7.3%)
$315,000 + $201,000
$516,000
2022
$5,280 (+2.2%)
$315,000 + $201,000
$516,000
2021
$5,164 (+1.0%)
$315,000 + $175,000
$490,000
2020
$5,114 (−0.3%)
$315,000 + $175,000
$490,000
2019
$5,129 (−0.1%)
$315,000 + $175,000
$490,000
2018
$5,135 (+4.9%)
$315,000 + $175,000
$490,000
2017
$4,895 (+121.6%)
$315,000 + $175,000
$490,000
2016
$2,209
$90,000 + $157,800
$247,800
2015
$2,210 (−2.7%)
$90,000 + $157,800
$247,800
2014
$2,272 (−3.1%)
$90,000 + $157,800
$247,800
2013
$2,344
$90,000 + $157,800
$247,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.