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65720 E Pinecrest Rd, Iron River, WI, 54847

5beds
2baths
1,968sqft
$624,900
$318price/sqft
$4,292/moest. monthly cost
$171,680/yrincome needed

About This Home

Experience incredible views, exceptional privacy, and stunning waterfront living on Lake Millicent—part of the highly sought-after Pike Chain of Lakes. Set on 2.1 beautifully wooded acres, this property features towering trees, crystal-clear water, excellent fishing, and endless opportunities for boating and recreation. This year-round log home offers 5 bedrooms and a versatile layout perfect for hosting family and guests. Each level includes its own kitchen and living area. The upper level features 3 bedrooms and a full bath, while the lower level includes 2 bedrooms and a full bath. A walk-up attic offers additional sleeping quarters. The highlight of the home is the expansive deck overlooking the lake—perfect for relaxing, entertaining, and taking in breathtaking sunsets. A winding path leads you down to the beautiful swimming frontage and a convenient boathouse, ideal for storing all your water toys. Large attached garage and a spacious detached garage, offering ample storage.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

9/10
7/10
6/10
Northwestern High SchoolGrades 9-1217.7 mi

Construction

Condition

  • Property condition: Previously Owned
  • Year built: 1950

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Log,Log Home

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes

Bathroom

  • Level: Main
  • Area: 54
  • Dimensions: 6 x 9

Bathroom

  • Level: Upper
  • Area: 48
  • Dimensions: 8 x 6

Bedroom

  • Level: Main
  • Area: 99
  • Dimensions: 9 x 11

Bedroom

  • Level: Upper
  • Area: 99
  • Dimensions: 9 x 11

Bedroom

  • Level: Upper
  • Area: 108
  • Dimensions: 12 x 9

Bedroom

  • Level: Upper
  • Area: 72
  • Dimensions: 9 x 8

Bedroom

  • Level: Main
  • Area: 99
  • Dimensions: 9 x 11

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 1

Features

  • Number of fireplaces: 1
  • Fireplace features: Pellet
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,968

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,968 sqft

Kitchen

  • Level: Upper
  • Area: 165
  • Dimensions: 11 x 15

Kitchen

  • Level: Main
  • Area: 312
  • Dimensions: 13 x 24

Living Room

  • Level: Upper
  • Area: 324
  • Dimensions: 12 x 27

Living Room

  • Level: Main
  • Area: 240
  • Dimensions: 24 x 10

Utility Room

  • Level: Main
  • Area: 84
  • Dimensions: 12 x 7

Property

Details

  • Parcel number: 19749
  • Zoning description: Residential
  • Foundation area: 1092

Features

  • Patio & porch: Deck
  • Exterior features: Dock
  • On waterfront: Yes
  • Waterfront features: Inland Lake,Waterfront Access(Private),Shoreline Characteristics(Sand,Elevation-High)
  • Waterbody name: Millicent
  • Frontage length: 202.14

Lot

  • Lot size: 2.10 Acres
  • Lot size dimensions: 343 x 202+260 x 120

Parking

  • Total spaces: 8
  • Parking features: Attached,Detached,Multiple,Electrical Service,Slab
  • Has garage: Yes
  • Attached garage spaces: 8
  • Covered spaces: 8

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
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Lightning
Strong Wind
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 $3,159$37,908
Home Insurance *$307$3,684
Property Taxes $642$7,704
Electricity $184$2,219
Total$4,292$51,504
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$147,154/yr
40% on housing$128,760/yr
45% on housing$114,453/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

$318This listing

vs Other Active Listings

Avg $/sqft

ZIP 54847$172
Bayfield County$273

vs Homes Sold Last Month

Median $/sqft

ZIP 54847
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)

Price History

DateEventPrice
2026-08-14Price change$599,900
2026-07-13Listed for sale$624,900

For Sale by Agent

AgentPeggy Kman
BrokerageColdwell Banker Realty - Iron River

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