Come experience the views, the water, and the lake lifestyle you've been dreaming of. This waterfront home or getaway with 137 feet of 137 feet of frontage on sought-after Lake Alexander, west of Merrill. Whether your ideal day includes casting a line, cruising the lake, swimming, or boating to nearby Council Grounds State Park, this property offers endless opportunities to enjoy Lake Life. This exceptionally well-cared-for ranch home was built just 10 years ago and shows pride of ownership throughout. The inviting open-concept floor plan seamlessly connects the kitchen, dining, and living areas, creating a bright and comfortable space for gathering with family and friends. The home features 2 bedrooms, 2 full baths, and convenient main-floor laundry for easy everyday living. Off the patio door, take in breathtaking lake views from the covered waterside deck, the ideal setting for morning coffee, afternoon relaxation, or watching the sunset over the water. A full walk-out lower level provides a blank canvas for future expansion, offering plenty of room to add bedrooms, a family room, or additional entertaining space. Maintained and mature planting beds add color, character, and curb appeal to this turnkey waterfront property. Whether you're looking for a year-round residence, or a vacation retreat, this Lake Alexander gem could be yours. Walk along the west part of the lot, you will find a place to put your future dock. There is also a pumping system to water your lawn. Winter enjoy the cozy fireplace in the living room or get our and snowmobile from your front door, and get to ice fishing, or the famous Lake Alexander Ice Drags.
For sale
Price cut: $24.1K (8/27)
$424,900
N2276 Rae Dr, Merrill, WI 54452
2beds
1,288sqft
Single Family Residence
Built in 2016
1 Acres Lot
$413,300 Zestimate®
$330/sqft
$-- HOA
What's special
Inviting open-concept floor planExceptionally well-cared-for ranch homeConvenient main-floor laundry
- 83 days
- 903
- 44
Zillow last checked:
Listing updated:
Listed by:
ANDREA KRUEGER 715-551-4980,
CENTURY 21 BEST WAY REALTY
Source: GNMLS,MLS#: 218243
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: First
- Dimensions: 12x11
Bedroom
- Level: First
- Dimensions: 14x12
Bathroom
- Level: First
Bathroom
- Level: First
Dining room
- Level: First
- Dimensions: 10x7
Kitchen
- Level: First
- Dimensions: 12x11
Laundry
- Level: First
- Dimensions: 8x6
Living room
- Level: First
- Dimensions: 20x14
Heating
- Propane
Appliances
- Included: Dryer, Dishwasher, Range, Refrigerator, Washer
- Laundry: Main Level
Features
- Flooring: Carpet, Laminate, Vinyl
- Basement: Full,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 1,288
- Total interior livable area: 1,288 sqft
- Finished area above ground: 1,288
- Finished area below ground: 1,288
Property
Parking
- Parking features: Carport
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck
- Exterior features: Deck
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Shoreline - Sand, Shoreline - Rocky, Lake Front
- Body of water: ALEXANDER LAKE
- Frontage type: Lakefront
- Frontage length: 137,137
Lot
- Size: 1 Acres
- Features: Lake Front, Rolling Slope, Rural Lot, Views
Details
- Parcel number: 02431060519991
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Foundation: Poured
- Roof: Composition,Shingle
Condition
- Year built: 2016
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Conventional Sewer
- Water: Drilled Well
Community & HOA
Location
- Region: Merrill
Financial & listing details
- Price per square foot: $330/sqft
- Tax assessed value: $341,500
- Annual tax amount: $4,185
- Date on market: 7/2/2026
- Ownership: Sole Prop
Estimated market value
$413,300
$393,000 - $434,000
$1,851/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Price change | $424,900-5.4%$330/sqft |
Source: | ||
| 7/29/2026 | Price change | $449,000-10.2%$349/sqft |
Source: | ||
| 7/2/2026 | Listed for sale | $499,900+40.8%$388/sqft |
Source: | ||
| 5/12/2023 | Sold | $355,000-5.3%$276/sqft |
Source: | ||
| 3/15/2023 | Contingent | $375,000$291/sqft |
Source: | ||
| 11/30/2022 | Listed for sale | $375,000-6.2%$291/sqft |
Source: | ||
| 11/1/2022 | Listing removed | -- |
Source: | ||
| 8/18/2022 | Listed for sale | $399,900+119.2%$310/sqft |
Source: | ||
| 4/18/2016 | Sold | $182,400+180.6%$142/sqft |
Source: Public Record Report a problem | ||
| 2/8/2016 | Sold | $65,000$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,645 +3.9% | $341,500 +70.5% |
| 2023 | $3,509 +18.9% | $200,300 |
| 2022 | $2,952 -23.8% | $200,300 |
| 2021 | $3,873 +3.6% | $200,300 |
| 2020 | $3,739 +7.6% | $200,300 |
| 2019 | $3,474 -0.3% | $200,300 |
| 2018 | $3,486 +158.1% | $200,300 +145.2% |
| 2017 | $1,350 | $81,700 |
| 2016 | -- | -- |
| 2015 | -- | -- |
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: 54452
Nearby schools
Schools provided by the listing agent
- Elementary: LI Merrill
- Middle: LI Merrill
- High: LI Merrill
Source: GNMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




