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For sale
  • Price cut: $40K (11/7)
    $1,750,000

    553 Reed Rd, Three Lakes, WI 54562

    3beds
    3,280sqft
    : 
    Single Family Residence
    Built in 1990
    8.43 Acres Lot
    $1,663,200 Zestimate®
    $534/sqft
    $-- HOA

    What's special

    Full basementThree fireplacesSteel roofOpen kitchenWater views
    This unique property on both Big Fork and Fourmile Lake features three bedrooms, three bathrooms, and a four-car garage on 8.43 acres. The third bedroom noted is currently being used as a library, but can easily be converted to another bedroom. One of the garages can also be converted to another bedroom. This property includes an open kitchen, THREE fireplaces, full basement, generator, a new well, steel roof and an updated boiler. The home is located next to snowmobile trails, near state land for exploring and offers ample land for expansion or development. Positioned on the Three Lakes Chain of Lakes with 2,400 feet of frontage, it provides water views and access to recreational activities such as boating and fishing.
    163 days
    |
    891
    |
    18
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 16, 2025 at 07:01am

    Listed by:

    JENNIFER BIEGEL (BIEGEL TEAM) 715-525-9230,

    RE/MAX PROPERTY PROS,

    T.D. BIEGEL 715-525-1793,

    RE/MAX PROPERTY PROS

    Source: GNMLS,MLS#: 213542MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Level: First
    • Dimensions: 20x13
    Bedroom
    • Level: First
    • Dimensions: 15x12
    Bedroom
    • Level: First
    • Dimensions: 18x20
    Bathroom
    • Level: Basement
    Bathroom
    • Level: First
    Bathroom
    • Level: First
    Dining room
    • Level: First
    • Dimensions: 20x12
    Kitchen
    • Level: First
    • Dimensions: 20x12
    Living room
    • Level: First
    • Dimensions: 20x12
    Recreation
    • Level: Basement
    • Dimensions: 20x12
    Recreation
    • Level: Basement
    • Dimensions: 20x12
    Other
    • Level: First
    • Dimensions: 30x8
    Heating
    • Hot Water, Propane
    Appliances
    • Included: Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave
    • Laundry: Washer Hookup, In Basement
    Features
    • Ceiling Fan(s), Main Level Primary, Sound System, Skylights, Walk-In Closet(s), Wired for Sound
    • Flooring: Carpet, Tile, Wood
    • Windows: Skylight(s)
    • Basement: Daylight,Exterior Entry,Egress Windows,Full,Walk-Out Access
    • Attic: Scuttle
    • Number of fireplaces: 3
    • Fireplace features: Multiple, Wood Burning
    Interior area
    • Total structure area: 3,280
    • Total interior livable area: 3,280 sqft
    • Finished area above ground: 2,240
    • Finished area below ground: 1,040
    Video & virtual tour

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Underground, Four Car Garage, Four or more Spaces, Garage, Driveway
    • Attached garage spaces: 4
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Deck, Open
    • Exterior features: Propane Tank - Owned
    • Has view: Yes
    • On waterfront: Yes
    • Waterfront features: Shoreline - Sand, Shoreline - Fisherman/Weeds, Shoreline - Gravel, Lake Front
    • Body of water: BIG FORK
    • Frontage type: Lakefront
    • Frontage length: 2200,2200
    Lot
    • Size: 8.43 Acres
    • Dimensions: 1000 x 500
    • Features: Adjacent To Public Land, Buildable, Dead End, Lake Front, Level, Private, Secluded, Wooded
    Details
    • Parcel number: 0360111940001
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary,Raised Ranch
    • Property subtype: Single Family Residence
    Materials
    • Frame, Log Siding
    • Foundation: Poured
    • Roof: Metal
    Condition
    • Year built: 1990

    Utilities & green energy

    • Electric: Fuses
    • Sewer: County Septic Maintenance Program - Yes
    • Water: Drilled Well

    Community & HOA

    Location
    • Region: Three Lakes

    Financial & listing details

    • Price per square foot: $534/sqft
    • Tax assessed value: $971,100
    • Annual tax amount: $12,075
    • Date on market: 7/31/2025
    • Ownership: Fee Simple
    • Road surface type: Paved
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    Estimated market value

    $1,663,200

    $1.58M - $1.75M

    $2,808/mo

    Price history

    Price history
    DateEventPrice
    11/7/2025Price change$1,750,000-2.2%$534/sqft
    Source: GNMLS #213542 Report a problem
    7/31/2025Listed for sale$1,790,000$546/sqft
    Source: GNMLS #213542 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$10,591 +0.5%$971,100
    2023$10,538 +7.1%$971,100
    2022$9,838 -13.3%$971,100

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $8,770/mo
    Principal & interest
    $6786
    Property taxes
    $1371
    Home insurance
    $613

      Climate risks

      Neighborhood: 54562

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: ON Three Lakes
      • Middle: ON Three Lakes
      • High: ON Three Lakes

      Source: GNMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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