Located on the north shore of Shepard Lake, this parcel offers over 20 acres in the heart of the Northwoods—ideal for outdoor activities. Interested in fishing? Shepard Lake is home to a variety of species, including panfish, walleye, northern pike, and musky. With more than 230 feet of lake frontage, you'll have access to enjoy the water however you choose. The lot consists mainly of low wetland but also features elevated areas with a cleared spot suitable for building. Take a closer look and start planning your future on this land today!
Sold for $112,500 on 01/09/26
$112,500
On Balsam Ln E, Rhinelander, WI 54501
--beds
--baths
20Acres
Unimproved Land
Built in ----
20 Acres Lot
$-- Zestimate®
$--/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
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Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 09, 2026 at 11:57am
Listed by:
LUKE DURKEE 715-493-3179,
REDMAN REALTY GROUP, LLC
Bought with:
LUKE DURKEE, 60337 - 90
REDMAN REALTY GROUP, LLC
Source: GNMLS,MLS#: 214713
Facts & features
Interior
Interior area
- Total structure area: 0
- Finished area above ground: 0
Property
Features
- Waterfront features: Shoreline - Fisherman/Weeds
- Body of water: SHEPARD
- Frontage length: 230,230
Lot
- Size: 20 Acres
- Features: Wetlands
Details
- Parcel number: PL5811
- Zoning description: Residential
Community & neighborhood
Location
- Region: Rhinelander
Other
Other facts
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 1/9/2026 | Sold | $112,500-10% |
Source:  GNMLS #214713 Report a problem | ||
| 12/15/2025 | Contingent | $125,000 |
Source: GNMLS #214713 Report a problem | ||
| 10/16/2025 | Listed for sale | $125,000 |
Source: GNMLS #214713 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 54501
Nearby schools
GreatSchools rating
- 5/10Central Elementary SchoolGrades: PK-5Distance: 2.9 mi
- 5/10James Williams Middle SchoolGrades: 6-8Distance: 2.2 mi
- 6/10Rhinelander High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- High: ON Rhinelander
Source: GNMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.