$499,000

4287 Shepard Lake Rd Rhinelander, WI 54501

Estimated payment $2,971/month

Total Views 2,643
4 Beds
3 Baths
2,312 Sq Ft
$216 Price per Sq Ft

Highlights

  • Popular Property
  • Private Lot
  • Vaulted Ceiling
  • Deck
  • Wooded Lot
  • Raised Ranch Architecture

About This Home

Outdoor enthusiasts, this one’s for you! Set on 14 acres with 2 ponds, rolling views & tons of privacy, this property is a true Northwoods retreat only minutes from schools & downtown Rhinelander. The 4BR/3BA home is bright, comfortable, & well cared for. The main level features a primary suite with same-level laundry & open concept kitchen, great room with fireplace, vaulted ceilings, skylight, & birch accents. In the LL you’ll find two additional BRs, full bath, nook/office area, & a family room. Oh & don’t miss the 1280 sq ft HEATED & COOLED garage! Ideal for vehicles, Northwoods toys, hobbies, storage & it's complete with a fenced dog kennel area. Step outside to the big deck that overlooks the backyard where deer, turkey, & other wildlife are frequent visitors to the pond. With plenty of room to hunt, hike, or just explore, this acreage is ready for all-season adventure. Privacy, recreation, & convenience all in one so don't miss it!

Listing Agent

David Eliason

ELIASON REALTY - EAGLE RIVER License #49853 - 90 Listed on: 09/02/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,748

Year Built

  • Built in 2003

Lot Details

  • 14.01 Acre Lot
  • Rural Setting
  • Dog Run
  • Private Lot
  • Secluded Lot
  • Wooded Lot

Parking

  • 3 Car Detached Garage
  • Heated Garage
  • Gravel Driveway
  • Additional Parking

Home Design

  • Raised Ranch Architecture
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Window Egress

Outdoor Features

  • Deck
  • Open Patio

Schools

  • Pelican Elementary School
  • J. Williams Middle School
  • Rhinelander High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Pellet Stove burns compressed wood to generate heat
  • Drilled Well
  • Propane Water Heater
  • Water Softener
  • Public Septic Tank

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number PL-557-2

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,748

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Ownership: Fee Simple
  • Directions: From Rhinelander, take Hwy 17 North to Right on Shepard Lake Road (before Menards), to #4287 on Right. Sign on property.
  • Above Grade Finished Sq Ft: 1156.0
  • Architectural Style: Raised Ranch, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2003
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Propane Water Heater, Range, Refrigerator, Water Softener, Washer
  • Has Basement: Daylight, Egress Windows, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1156.0
  • Fireplace Features: Gas, Pellet Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: Bath in Primary Bedroom, Skylights, Walk-In Closet(s)
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Private, Pond on Lot, Rural Lot, Secluded, Wooded
  • Waterfront: No
  • Construction Type: Modular/Prefab, Vinyl Siding
  • Exterior Features: Dog Run, Gravel Driveway, Propane Tank - Leased
  • Foundation Details: Poured
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Additional Parking, Detached, Garage, Heated Garage, Other, Storage

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer, Other
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Shopping

Schools

  • Elementary School: ON Pelican
  • High School: ON Rhinelander
  • Middle Or Junior School: ON J. Williams

Lot Info

  • Current Use: Hunting
  • Lot Size Sq Ft: 610276.0
  • Parcel #: PL-557-2

Tax Info

  • Tax Annual Amount: 3748.0
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,644 $274,500 $41,200 $233,300
2023 $4,476 $274,500 $41,200 $233,300
2022 $1,742 $151,700 $41,200 $110,500
2021 $2,565 $151,700 $41,200 $110,500
2020 $1,943 $151,700 $41,200 $110,500
2019 $1,941 $151,700 $41,200 $110,500
2018 $2,042 $151,700 $41,200 $110,500
2017 $2,010 $151,700 $41,200 $110,500
2016 $2,078 $151,700 $41,200 $110,500
2015 $1,990 $151,700 $41,200 $110,500
2014 $1,990 $151,700 $41,200 $110,500
2011 $1,982 $151,700 $41,200 $110,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 For Sale $499,000 +42.2% $216 / Sq Ft
01/12/2023 01/12/23 Sold $351,000 +0.3% $151 / Sq Ft
11/10/2022 11/10/22 For Sale $349,900 -- $151 / Sq Ft
Source: Greater Northwoods MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $351,000 --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,470 New Conventional
Previous Owner $72,000 Credit Line Revolving
Previous Owner $104,600 Second Mortgage Made To Cover Down Payment
Previous Owner $147,000 No Value Available
Source: Public Records

Source: Greater Northwoods MLS

MLS Number: 214162

Greater Northwoods MLS

APN: PL 557 2