Prime Waterfront Development Opportunity | 29 Acres on Ike Walton Lake. A rare combination of vast acreage and massive shoreline on Ike Walton Lake. Boasting 685 feet of flat, sand frontage and a heavy tree buffer for total road privacy, this parcel presents an opportunity for subdividing into multiple lakefront homesites or building a sprawling private compound. Existing improvements provide immediate utility and housing, including a 3-bed main home, 2-bed guest cottage, 42'x24' powered pole building, 20'x16' dry boathouse, pier, and fish cleaning house. Transaction Note: Closing must occur after Labor Day. Property includes 12632 & 12626 Shallow Waters Court.
For sale
$954,000
12632 Shallow Waters Ct, Lac Du Flambeau, WI 54538
3beds
1,853sqft
Single Family Residence
Built in ----
29.72 Acres Lot
$-- Zestimate®
$515/sqft
$-- HOA
What's special
Fish cleaning house
- 2 days |
- 332 |
- 12 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
LISA FRICKE 715-614-8192,
SHOREWEST - MINOCQUA
Source: GNMLS,MLS#: 219025
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: First
Bedroom
- Level: First
Bedroom
- Level: First
Bathroom
- Level: First
Entry foyer
- Level: First
Florida room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Forced Air, Natural Gas
Features
- Basement: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,853
- Total interior livable area: 1,853 sqft
- Finished area above ground: 989
- Finished area below ground: 0
Property
Parking
- Parking features: Other, Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Dock, Out Building(s), Other, Patio
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Other, Shoreline - Sand, Lake Front
- Body of water: IKE WALTON
- Frontage type: Lakefront
- Frontage length: 685,685
Lot
- Size: 29.72 Acres
- Features: Buildable, Lake Front, Other, Views, Wooded
Details
- Additional structures: Boat House, Guest House
- Parcel number: 103477
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Frame, Metal Siding
- Roof: Composition,Shingle
Utilities & green energy
- Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
- Water: Drilled Well
Community & HOA
Location
- Region: Lac Du Flambeau
Financial & listing details
- Price per square foot: $515/sqft
- Tax assessed value: $441,500
- Annual tax amount: $8,082
- Date on market: 8/13/2026
- Ownership: Trust
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Listed for sale | $954,000$515/sqft |
Source:  GNMLS #219025 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,665 +1.6% | $441,500 |
| 2023 | $5,575 +4.3% | $441,500 |
| 2022 | $5,346 +11.1% | $441,500 |
| 2021 | $4,812 +1.3% | $441,500 |
| 2020 | $4,748 -3.3% | $441,500 |
| 2019 | $4,909 +4.1% | $441,500 |
| 2018 | $4,717 +5% | $441,500 |
| 2017 | $4,494 -4.9% | $441,500 |
| 2016 | $4,725 -1.1% | $441,500 |
| 2015 | $4,778 +1.2% | $441,500 |
| 2014 | $4,723 -6.7% | $441,500 |
| 2013 | $5,063 | $441,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 54538
Nearby schools
GreatSchools rating
- 3/10Lac Du Flambeau Elementary SchoolGrades: PK-8Distance: 5 mi
- 2/10Lakeland High SchoolGrades: 9-12Distance: 10.4 mi
- $340,400-- bd-- ba-- sqft12612 Shallow Waters Ct, Lac Du Flambeau, WI 54538Off Market
- $725,400-- bd-- ba-- sqft12608 Shallow Waters Ct, Lac Du Flambeau, WI 54538Off Market
- $524,700-- bd-- ba-- sqft12616 Shallow Waters Ct, Lac Du Flambeau, WI 54538Off Market
- $454,100-- bd-- ba-- sqft12620 Shallow Waters Ct, Lac Du Flambeau, WI 54538Off Market
- $1,124,400-- bd-- ba-- sqft3685 Cth H, Lac Du Flambeau, WI 54538Off Market
- $776,000-- bd-- ba-- sqft3695 Cth H, Lac Du Flambeau, WI 54538Off Market
- $357,300-- bd-- ba-- sqft12626 Shallow Waters Ct, Lac Du Flambeau, WI 54538Off Market
- $--8 acresCounty Highway H, Lac Du Flambeau, WI 54538Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
Similar homes
- $1,095,0004 bd2 ba2.1k sqft2341 Circle Dr, Lac Du Flambeau, WI 54538For Sale
MLS ID #219043, JUDY MIXIS, SHOREWEST - RHINELANDER. GNMLS - $995,0004 bd4 ba2.7k sqft3263 Sand Lake Lodge Ln, Lac Du Flambeau, WI 54538For Sale
MLS ID #218858, JANEL & SAM PAGELS TEAM, REDMAN REALTY GROUP, LLC. GNMLS - $750,0002 bd1 ba1k sqft3610 DARLING LANE, Lac Du Flambeau, WI 54538Active
MLS ID #22603561, JEREMIAH PARKER. WIREX MLS - $929,0003 bd2 ba2.5k sqft7260 Bear Trl, Presque Isle, WI 54557For Sale
MLS ID #219011, TYLER FORSYTHE, REAL BROKER, LLC. GNMLS - $1,047,0004 bd3 ba2k sqft1645 Indian Waters Ln, Lac Du Flambeau, WI 54538For SaleMLS ID #218677, NICHOLAS LASIER, LASIER REALTY, INC.. GNMLS
- $750,0003 bd2 ba960 sqft3132 N Artishon Ln, Lac Du Flambeau, WI 54538For SaleMLS ID #216984, GERRY FUDALA, FIRST WEBER - MINOCQUA. GNMLS
- $770,0002 bd1 ba1.3k sqft14295 N Indian Village Rd, Lac Du Flambeau, WI 54538For SaleMLS ID #218667, CORALEE ERICKSON, LAKEPLACE.COM - VACATIONLAND PROPERTIES. GNMLS
- $725,0003 bd2 ba1.7k sqft3638 Pokegama Lake Trl, Lac Du Flambeau, WI 54538For SaleMLS ID #217147, PETER MEYER, REDMAN REALTY GROUP, LLC. GNMLS
- $485,0003 bd3 ba2.1k sqft14896 Redpoll Ln, Lac Du Flambeau, WI 54538For SaleMLS ID #218080, NICOLE BEER, NAVIGATE NORTH REALTY, LLC. GNMLS
- $935,0002 bd2 ba1.8k sqft7872 W Musket Rd, Presque Isle, WI 54557For SaleMLS ID #218825, JAMES CHESHIRE, FIRST WEBER - MINOCQUA. GNMLS
- $699,9003 bd2 ba1.3k sqft8785-91 Setting Sun Blvd, Lac Du Flambeau, WI 54538For SaleMLS ID #216631, BOB TIDWELL, FIRST WEBER - MINOCQUA. GNMLS
- $899,9003 bd3 ba2.5k sqft7544 Cth P, Presque Isle, WI 54557For SaleMLS ID #217015, BARBARA PECK, HEADWATERS REALTY LLC. GNMLS
- $999,0004 bd3 ba2k sqft12882 Helms Ln #3, Manitowish Waters, WI 54545For SaleMLS ID #217311, ERIK JOHNSON, EXP REALTY, LLC. GNMLS
- $999,0004 bd3 ba2k sqft12890 Helms Ln #4, Manitowish Waters, WI 54545For SaleMLS ID #217428, ERIK JOHNSON, EXP REALTY, LLC. GNMLS
- $749,0002 bd2 ba1.9k sqft12448 Chipper Dr, Presque Isle, WI 54557For SaleMLS ID #218717, LINDA LONG TEAM, REDMAN REALTY GROUP, LLC. GNMLS
- $499,9003 bd3 ba2.1k sqft7614 Walleye Way #9, Lake Tomahawk, WI 54539For SaleMLS ID #218953, JANEL & SAM PAGELS TEAM, REDMAN REALTY GROUP, LLC. GNMLS
- $849,0003 bd1 ba2.4k sqft1992 W Diamond Rd, Mercer, WI 54547For SaleMLS ID #217297, MICKI PIERCE-HOLMSTROM, CENTURY 21 PIERCE REALTY - MERCER. GNMLS
- $589,9003 bd2 ba1.3k sqft8785 Setting Sun Blvd, Lac Du Flambeau, WI 54538For SaleMLS ID #216625, BOB TIDWELL, FIRST WEBER - MINOCQUA. GNMLS
- $699,0004 bd3 ba2.7k sqft10997 Patrice Pines Ln, Minocqua, WI 54548For SaleMLS ID #217912, PETER MEYER, REDMAN REALTY GROUP, LLC. GNMLS
- $649,0003 bd3 ba2.6k sqft1553 Golden Retreat Dr, Saint Germain, WI 54558For SaleMLS ID #218960, RAY WEBER, ELIASON REALTY - ST GERMAIN. GNMLS
