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23165 Garmisch Road #23, Cable, WI, 54821

5beds
8baths
8,534sqft
$2,950,000
$346price/sqft
$20,262/moest. monthly cost
$810,480/yrincome needed

About This Home

Northwoods Estate-Lake Namakagon. This 5BD, 8,500+ sqft, executive retreat sits on 14 ac bordering National Forest and combines craftsmanship with modern luxury. Admire vaulted ceilings, exposed beams, walls of glass w/ sweeping woodland views. Multiple living areas, flowing floor plan provides both intimate spaces and grand settings. A gourmet kitchen w/ custom cabinetry, granite surfaces, dual islands and pro-grade appliances. Living spaces extend to upper deck and 3-season room below. Master suite w/ sitting area and dual baths. 4 BDs w/ ensuite full baths?perfect for hosting extended family, friends, corporate or specialty retreats. Lower-level family room, billiards & full bar invite entertainment. Lake Namakagon access with dock & Garmisch amenities. Detached garage with man cave, bath & sauna provides retreat after exploring recreation trails. With its private setting, high-end touches & effortless blend of elegance & charm-this is a rare opportunity to own a true legacy estate.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
10
BikeSomewhat Bikeable

Schools

7/10
Drummond Elementary SchoolGrades PK-612.5 mi
3/10
5/10
Drummond High SchoolGrades 9-1212.5 mi

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 2003

Materials

  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Freezer,Microwave,Range/Oven,Refrigerator,Washer,Water Softener

Basement

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

Bedroom2

  • Level: Main
  • Area: 513

Bedroom3

  • Level: Main
  • Area: 266

Bedroom4

  • Level: Lower
  • Area: 340

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 8
  • Full bathrooms: 6
  • 1/2 bathrooms: 2
  • Main level bedrooms: 3

Dining Room

  • Level: Main
  • Area: 294

Family Room

  • Level: Lower
  • Area: 648

Features

  • Finished area below ground: 4,243
  • Finished area above ground: 4,291

Heating & Cooling

  • Heating features: Propane,Forced Air,In-floor,Radiant
  • Cooling features: Central Air

Interior Area

  • Total structure area: 8,534
  • Total interior livable area: 8,534 sqft

Kitchen

  • Level: Main
  • Area: 340

Living Room

  • Level: Main
  • Area: 960

Master Bedroom

  • Level: Main
  • Area: 680

Property

Details

  • Parcel number: 25336
  • Zoning: Recreational,Residential,Shoreline

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch,Patio,Screened
  • Exterior features: LP Tank,Irrigation system
  • On waterfront: Yes
  • Waterfront features: Over 300 feet,Bottom-Rock,Bottom-Sand,Shore-Vegetation,Common Frontage,Dock/Pier,Lake,Waterfront
  • Waterbody name: Namekagon
  • Living area range: 5001 or more

Lot

  • Lot size: 14 Acres
  • Lot size dimensions: 0 x 0 x

Parking

  • Total spaces: 2
  • Parking features: 2 Car,Attached
  • 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 $14,916$178,992
Home Insurance *$2,284$27,408
Property Taxes $2,261$27,132
Electricity $801$9,623
Total$20,262$243,144
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$694,697/yr
40% on housing$607,860/yr
45% on housing$540,320/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

$346This listing

vs Other Active Listings

Avg $/sqft

ZIP 54821$277
Bayfield County$272

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)

Price History

DateEventPrice
2026-02-04Price change$2,950,000
2025-09-09Listed for sale$3,250,000

For Sale by Agent

AgentDave Reichert
BrokerageCamp David Realty

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