Looking for the ultimate lakefront property? This might just check all your boxes! Listed at $449,000, this charming 3-bedroom, 1.5-bathroom year-round home offers the perfect blend of Northwoods charm and modern peace of mind, all nestled on a sprawling 3-acre private lot. The main floor features a good-sized kitchen and dining area that flows seamlessly into the welcoming living room?ideal for gathering after a day on the water. A main-floor bedroom and a full bathroom offer convenient single-level living. Upstairs, you will find two additional generously sized bedrooms, a half bath, and a flexible loft space perfect for extra bunks or a reading nook, complete with a wall A/C unit to keep the upper level cool all summer long. Major mechanical updates over the past 15 years include updated plumbing, updated electrical, and a newer furnace. Outdoor living is where this property truly shines, and the included dock means you are ready for the water on day one! Relax on the spacious deck directly off the home, or head down to the firepit area located halfway to the lake?the perfect sp, Storage is a dream with a massive 30x30 detached heated garage to keep all your boats, ATVs, and snowmobiles safe from the elements, plus an additional 12x10 storage shed. All kitchen appliances are included in the sale, making this a truly turn-key opportunity. Whether you are looking for a full-time residence or the ultimate seasonal getaway, this Northwoods gem is ready for you.
Looking for the ultimate lakefront property? This might just check all your boxes! Listed at $449,000, this charming 3-bedroom, 1.5-bathroom year-round home offers the perfect blend of Northwoods charm and modern peace of mind, all nestled on a sprawling 3-acre private lot. The main floor features a good-sized kitchen and dining area that flows seamlessly into the welcoming living room—ideal for gathering after a day on the water. A main-floor bedroom and a full bathroom offer convenient single-level living. Upstairs, you will find two additional generously sized bedrooms, a half bath, and a flexible loft space perfect for extra bunks or a reading nook, complete with a wall A/C unit to keep the upper level cool all summer long. Major mechanical updates over the past 15 years include updated plumbing, updated electrical, and a newer furnace. Outdoor living is where this property truly shines, and the included dock means you are ready for the water on day one! Relax on the spacious deck directly off the home, or head down to the firepit area located halfway to the lake—the perfect spot for evening s'mores. Best of all, a highly desirable gentle slope leads you right to the water's edge, boasting 188 feet of gorgeous frontage on pristine Muskellunge Lake. Storage is a dream with a massive 30x30 detached heated garage to keep all your boats, ATVs, and snowmobiles safe from the elements, plus an additional 12x10 storage shed. All kitchen appliances are included in the sale, making this a truly turn-key opportunity. Whether you are looking for a full-time residence or the ultimate seasonal getaway, this Northwoods gem is ready for you.
CWMLS #22603475
Aug 25, 2026
Price Changed
$439,900
$331/sq ft
Jul 23, 2026
Listed
$449,900
$339/sq ft
Public Records
Oct 31, 2011
Sold
$168,000
$126/sq ft
Public Records
Apr 3, 2008
Sold
$30,000
$23/sq ft
Public Records
Oct 19, 2007
Sold
$160,000
$120/sq ft
Public Records
May 16, 2007
Sold
$220,000
$166/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,215 (+2.2%)
$159,200 + $64,300
$223,500
2024
$2,166 (−23.4%)
$159,200 + $64,300
$223,500
2023
$2,829 (−0.9%)
$138,500 + $42,900
$181,400
2022
$2,854 (+14.2%)
$138,500 + $42,900
$181,400
2021
$2,500 (−15.6%)
$138,500 + $42,900
$181,400
2020
$2,961 (+2.2%)
$138,500 + $42,900
$181,400
2019
$2,898 (−2.2%)
$138,500 + $42,900
$181,400
2018
$2,962 (+2.6%)
$138,500 + $42,900
$181,400
2017
$2,886
$138,500 + $42,900
$181,400
Public record
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
3.1 Acres
Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Other
County
Lincoln County
APN
00435061319968
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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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 92° 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
Tomahawk, WI • 54487
Average low and high temperatures (°F)
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3
29
9
44
22
53
32
67
41
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53
80
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76
55
74
49
61
38
42
28
27
12
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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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
Redfin Estimate for N11223 Schmidtbauer Rd
$449,352
$9,452 over list price of $440K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $330K to $750K.