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47660 N Diamond Lake Dr, Cable, WI, 54821

4beds
3baths
2,989sqft
$780,000
$261price/sqft
$5,349/moest. monthly cost
$213,960/yrincome needed

About This Home

Diamond Lake: Remodeled Home with Rare Privacy, Creek Frontage & National Forest Setting. Well cared for and extensively updated, this 4BR/3BA home offers a beautiful Northwoods setting on crystal-clear Diamond Lake near Cable, WI. The 3. 64-acre property features 668 feet of total frontage on Diamond Lake and 18 Mile Creek, including approximately 138 feet on Diamond Lake. Frontage along 18 Mile Creek enhances the private, park-like setting and creates excellent wildlife habitat, while acres of Chequamegon National Forest land, including trails, across Diamond Lake Drive add to the Northwoods appeal. Designed for comfortable year-round living and easy entertaining, the bright, open main level offers generous gathering space for family and friends. The updated kitchen opens to the main living areas and is complemented by a dining room, laundry room, full bath, and inviting living room with gas fireplace. A sunroom/den brings in beautiful natural light, while the game room could potentially serve as a small additional BR. The loft functions as a private primary suite and includes a sitting/TV area just outside the bedroom and bath. Blackout shades in the primary bedroom and a large walk-in closet add comfort and functionality. The walkout lower level features in-floor heat, 3 bedrooms, 1 bath, a sitting room or office, and a rec area. Eastern exposure brings beautiful sunrises and morning light across the property. Enjoy lake views and peaceful surroundings from the composite deck or the patio off the walkout lower level. Motorized shades add everyday comfort and convenience. Dock included and rests on the land, eliminating the need for seasonal removal. Detached 2+ car garage with unfinished bonus space above. Amenities include whole house generator, Furnace and In-floor heat, Central A/C. Move-in ready and well suited for enjoying the Summer of 2026 on Diamond Lake. Select furnishings included; list is available.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

7/10
3/10
5/10
Drummond High SchoolGrades 9-126.8 mi

Construction

Condition

  • Year built: 2001

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Central Vacuum,Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer,Water Softener Owned
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Finished,Full,Walk-Out Access

Bathroom

  • Level: Lower
  • Area: 64
  • Dimensions: 8x8

Bathroom

  • Level: Upper
  • Area: 88
  • Dimensions: 11x8

Bedroom

  • Level: Lower
  • Area: 143
  • Dimensions: 13x11

Bedroom2

  • Level: Lower
  • Area: 156
  • Dimensions: 13x12

Bedroom3

  • Level: Upper
  • Area: 247
  • Dimensions: 19x13

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Bonus Room

  • Level: Lower
  • Area: 78
  • Dimensions: 13x6

Bonus Room

  • Level: Main
  • Area: 72
  • Dimensions: 9x8

Den

  • Level: Main
  • Area: 169
  • Dimensions: 13x13

Dining Room

  • Level: Main
  • Area: 108
  • Dimensions: 12x9

Family Room

  • Level: Lower
  • Area: 140
  • Dimensions: 10x14

Features

  • Central Vacuum
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 1,154
  • Finished area above ground: 1,770

Foyer

  • Level: Main
  • Area: 35
  • Dimensions: 7x5

Heating & Cooling

  • Heating features: Forced Air,In-Floor Heating
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,989
  • Total interior livable area: 2,989 sqft

Kitchen

  • Level: Main
  • Area: 170
  • Dimensions: 17x10

Laundry

  • Level: Main
  • Area: 48
  • Dimensions: 8x6

Living Room

  • Level: Main
  • Area: 238
  • Dimensions: 17x14

Loft

  • Level: Upper
  • Area: 108
  • Dimensions: 12x9

Recreation Room

  • Level: Lower
  • Area: 56
  • Dimensions: 8x7

Utility Room

  • Level: Lower
  • Area: 65
  • Dimensions: 13x5

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 04021244062920500511000
  • Zoning description: Shoreline,Residential-Single Family
  • Foundation area: 1154

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Composite Decking,Patio
  • Has view: Yes
  • View description: East,Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Dock,Lake Front,Waterfront Elevation(4-10),Lake Bottom(Sand)
  • Frontage length: Water Frontage: 668

Lot

  • Lot size: 3.64 Acres
  • Features: Irregular Lot
  • Lot size dimensions: 101 x 242

Parking

  • Total spaces: 2
  • Parking features: Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Winter Weather
    Winter WeatherVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Inland Flooding
Lightning
Strong Wind
Hail
Tsunami

FEMA Declared Disasters Across Wisconsin Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,944$47,328
Home Insurance *$604$7,248
Property Taxes $521$6,252
Electricity $280$3,370
Total$5,349$64,188
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$183,394/yr
40% on housing$160,470/yr
45% on housing$142,640/yr

Wisconsin FAIR Plan Programs

Wisconsin Insurance Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 5,246Commercial: 198
Total Premiums$4.55M
Total Exposure$860.28M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -3.3%
-3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$261This listing

vs Other Active Listings

Avg $/sqft

ZIP 54821$292
Bayfield County$275

vs Homes Sold Last Month

Median $/sqft

ZIP 54821
Bayfield County$147

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-09Listed for sale$895,000
2025-12-24Listing removed$998,000
2025-08-13Price change$998,000
2025-06-24Listed for sale$1,100,000
2021-02-26Sold$538,000
2021-01-08Listed for sale$549,000
2019-05-24Listing removed$459,000
2019-04-03Listed for sale$459,000
2018-11-02Listing removed$459,000
2018-10-23Price change$459,000
2018-05-24Listed for sale$850,000

For Sale by Agent

AgentCourtney H. Johnson
BrokerageEdina Realty, Inc.

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