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For sale
  • Price cut: $50K (8/17)
    $499,000

    5400 Eightmile Lake Rd, Barnes, WI 54873

    2beds
    1,880sqft
    : 
    $2,981/mo
    Get pre-qualified
    Single Family Residence
    Built in 2023
    4.5 Acres Lot
    $-- Zestimate®
    $265/sqft
    $-- HOA

    What's special

    Substantial waterfrontGas fireplaceEasy lake accessNewer dockOversized insulated detached garageHighly capable garage spaceBeautifully designed one-level home
    Built in 2023 and set on 4.5 private acres with approximately 448 feet of level frontage on Eight Mile Lake, this beautifully designed one-level home offers modern comfort in an exceptional Northwoods setting. The open-concept floor plan features a spacious living area, private primary suite, gas fireplace, in-floor heat, and energy-efficient spray-foam insulation throughout. This home offers many options to make it your own. Fresh white walls provide a blank canvas for your preferred style, and stained concrete floors throughout allow you to add the flooring of your choice. Several finishing touches are ready for completion, including floor trim, floor outlets, venting, and heated towel bars—ideal for buyers looking to personalize the final details. Enjoy easy lake access, a newer dock, and excellent fishing for Northern Pike, Bass, and Panfish. The oversized insulated detached garage offers generous space for vehicles, boats, recreational equipment, or workshop use and is equipped with its own 200-amp electrical service. A built-in floor drain provides added convenience for washing vehicles, boats, and equipment, making the garage especially well suited for year-round recreational use or serious shop space. With miles of public land nearby and fiber-optic internet available, this property is ideal for year-round living, a private lake retreat, or a recreational getaway. A rare combination of newer construction, acreage, privacy, substantial waterfront, and highly capable garage space.
    55 days
    1,079
    66

    Zillow last checked:

    Listing updated:

    Listed by:

    Kimberly Taipale-Saari 715-817-4606,

    Coldwell Banker Realty - Iron River

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6126790MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Main
      • Area: 182 Square Feet
      • Dimensions: 13 x 14
      Bedroom
      • Level: Main
      • Area: 130 Square Feet
      • Dimensions: 10 x 13
      Dining room
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12 x 12
      Kitchen
      • Level: Main
      • Area: 182 Square Feet
      • Dimensions: 13 x 14
      Living room
      • Level: Main
      • Area: 588 Square Feet
      • Dimensions: 21 x 28
      Heating
      • Boiler, In Floor Heat, Propane
      Cooling
      • None
      Appliances
      • Included: Dryer, Range, Refrigerator, Washer
      Features
      • Windows: Double Glazed
      • Has basement: Yes
      • Number of fireplaces: 1
      • Fireplace features: Gas
      Interior area
      • Total interior livable area: 1,880 sqft
      • Finished area above ground: 1,880
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Gravel, Detached, Insulation
      • Garage spaces: 2
      Features
      • Exterior features: Dock
      • Has view: Yes
      • View description: Inland Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Sand, Elevation-Low)
      • Body of water: East Eightmile
      • Frontage length: 448
      Lot
      • Size: 4.5 Acres
      • Dimensions: 749+353+526
      Details
      • Parcel number: 2484
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Wood, Frame/Wood
      • Roof: Metal
      Condition
      • Previously Owned
      • Year built: 2023

      Utilities & green energy

      • Electric: Bayfield Electric Co-Op
      • Sewer: Drain Field
      • Water: Drilled
      • Utilities for property: Fiber Optic

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Barnes

      Financial & listing details

      • Price per square foot: $265/sqft
      • Tax assessed value: $252,300
      • Annual tax amount: $3,467
      • Date on market: 7/16/2026
      • Cumulative days on market: 56 days
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/17/2026Price change$499,000-9.1%$265/sqft
        Source: WIREX MLS #6126790 Report a problem
        7/16/2026Listed for sale$549,000+373.3%$292/sqft
        Source: WIREX MLS #6126790 Report a problem
        9/28/2006Sold$116,000$62/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,154 +113%$153,100 +61.3%
        2023$1,011 +36%$94,900 +31.6%
        2022$743 +6.6%$72,100
        2021$698 +0.4%$72,100
        2020$695 -4.1%$72,100
        2019$725 +16.3%$72,100
        2017$623 -5.5%$72,100
        2016$660 +12.2%$72,100 +4%
        2015$588 -12.7%$69,300
        2013$674 +4%$69,300
        2011$648 -2.5%$69,300
        2010$664 +3.8%$69,300
        2009$640 $69,300
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 54873

        Getting around

        0 / 100
        Car-Dependent
        6 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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