For sale

$249,900

5021 Loon Lake Rd, Florence, WI 54121

2beds

650sqft

$1,766/mo

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Single Family Residence

Built in 1960

1.15 Acres Lot

$243,800 Zestimate^®

$384/sqft

$-- HOA

What's special

Beautiful lake viewsPlenty of outdoor spaceNewly landscaped

A Little TLC, A Lot of Potential on Loon Lake! If you’ve been looking for a place on the lake that you can make your own, this one is worth a look! This 2-bedroom, 1-bath home sits on 1.15 acres with approximately 213 feet of frontage on Loon Lake. The home does need some TLC and updating, but the setting is hard to beat. Enjoy beautiful lake views, plenty of outdoor space newly landscaped and room to turn this property into your own cozy getaway. Whether you’re looking for a weekend cabin, fishing spot, or year-round home, bring your ideas and a little elbow grease .Enjoy what Loon Lake has to offer on this 47 acre lake with Pan fish, Northen and Largemouth Bass. With 200+ feet of lake frontage and 1.15 acres, there’s plenty here to work with and enjoy. Come take a look and see the potential for yourself!

11 hours
172
4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2

Bedroom 1

Features: Carpet
Level: Main
Area: 88
Dimensions: 11 x 8

Bedroom 2

Features: Carpet
Level: Main
Area: 72
Dimensions: 9 x 8

Bathroom 1

Level: Main
Area: 84
Dimensions: 12 x 7

Heating

Forced Air, Natural Gas

Cooling

Ceiling Fan(s)

Appliances

Included: Range/Oven, Refrigerator, Washer, Gas Water Heater

Features

Other
Flooring: Carpet
Basement: Block,Michigan Basement
Has fireplace: No

Interior area

Total structure area: 1,300
Total interior livable area: 650 sqft
Finished area above ground: 650
Finished area below ground: 0

Property

Features

Levels: One
Stories: 1
Patio & porch: Deck
Exterior features: Garden
On waterfront: Yes
Waterfront features: Lake Front, Lake/River Access, Waterfront, Interior Lake
Body of water: Loon Lake
Frontage length: 219

Lot

Size: 1.15 Acres
Dimensions: 219 x Irrg

Details

Additional structures: Shed(s)
Parcel number: 008001550001
Zoning description: Residential
Special conditions: Private,Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Cottage
Property subtype: Single Family Residence

Materials

Aluminum Siding, Steel

Condition

Year built: 1960

Utilities & green energy

Sewer: Septic Tank
Water: Private Well
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: Na

HOA

Has HOA: No

Location

Region: Florence

Financial & listing details

Price per square foot: $384/sqft
Tax assessed value: $174,000
Annual tax amount: $1,962
Date on market: 9/25/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,VA Loan
Road surface type: Paved

Estimated market value

$243,800

$232,000 - $256,000

$1,144/mo

Price history

Date	Event	Price
9/25/2026	Listed for sale	$249,900$384/sqft
Source: MiRealSource #50223027 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,922 +8.8%	$126,600
2024	$1,767 +20.3%	$126,600
2023	$1,469 -49.7%	$126,600 +1.4%
2022	$2,920 -10.3%	$124,800 -17.5%
2021	$3,254 +20.9%	$151,300
2020	$2,692 -16.3%	$151,300
2019	$3,216 +21.2%	$151,300
2018	$2,654 +3.3%	$151,300
2017	$2,569	$151,300
2016	--	$151,300
2013	$2,699 +10.1%	$151,300 +35.1%
2010	$2,451 -4.6%	$112,000
2009	$2,569	$112,000