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W8489 Cth O #Cc-2, Tomahawk, WI, 54487

2beds
1baths
432sqft
$199,900
$463price/sqft
$1,443/moest. monthly cost
$57,720/yrincome needed

About This Home

This updated 2-bedroom, 1-bath waterfront condo on Somo Lake offers a rare opportunity to enjoy true Northwoods lake living without the maintenance demands of a traditional cabin. Located on full recreational Somo Lake, known for excellent fishing, boating, kayaking, snowmobiling, and year-round outdoor recreation, this property works well as a full-time residence, weekend escape, or seasonal retreat. Unlike many condo properties where ownership is limited to the structure itself, this unit includes ownership of your designated portion of shoreline, giving you private waterfront frontage for swimming, relaxing, docking your boat, or spending evenings by the water. Recent updates improve comfort and usability while maintaining a simple, low-maintenance lifestyle. Also included is a private boat launch for fast and convenient lake access. An additional bonus is that the neighboring side of the duplex is also available, creating a unique opportunity for multi-generational ownership, guest overflow, or purchasing both units together. Current condo bylaws prohibit short-term rentals, helping preserve a quieter setting and stronger owner-focused atmosphere. Located just 10 minutes from Tomahawk with convenient access to dining, shopping, trails, and everyday essentials.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

6/10
7/10
Tomahawk Middle SchoolGrades 6-87.6 mi
7/10
Tomahawk High SchoolGrades 9-127.6 mi

Construction

Materials

  • Foundation: Slab
  • Roof: Composition,Shingle
  • Construction materials: Frame,Vinyl Siding

Type & Style

  • Home type: Condo
  • Architectural style: Cabin
  • Property subType: Condominium,Single Family Residence

Interior

Appliances

  • Appliances included: Gas Oven,Gas Range,Propane Water Heater,Refrigerator

Basement

  • Basement: None

Bathroom

  • Level: First

Bedroom

  • Level: First
  • Dimensions: 14'1x10'11

Bedroom

  • Level: First
  • Dimensions: 10'5x13'10

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Carpet,Wood
  • Fireplace features: Electric
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 432

Heating

  • Heating features: Propane

Interior Area

  • Total structure area: 432
  • Total interior livable area: 432 sqft

Kitchen

  • Level: First
  • Dimensions: 4'5x5'3

Living Room

  • Level: First
  • Dimensions: 14'9x11'9

Property

Details

  • Parcel number: TBD

Features

  • Exterior features: Dock,Propane Tank - Leased
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Shoreline - Sand,Shoreline - Gravel,Shoreline - Rocky,Boat Ramp/Lift Access
  • Waterbody name: SOMO
  • Frontage length: 30,30

Lot

  • Features: Level,Views,Wooded

Parking

  • Total spaces: 2
  • Parking features: No Garage,Shared Driveway
  • Has uncovered spaces: Yes

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
  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Inland Flooding
Strong Wind
Tornado
Winter Weather

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 $1,010$12,120
Home Insurance *$69$828
Property Taxes $193$2,316
Electricity $171$2,054
Total$1,443$17,316
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$49,474/yr
40% on housing$43,290/yr
45% on housing$38,480/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: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -2.3%
-2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$463This listing

vs Other Active Listings

Avg $/sqft

ZIP 54487$220
Lincoln County$178

vs Homes Sold Last Month

Median $/sqft

ZIP 54487$201
Lincoln County$118

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
2026-04-24Listed for sale$219,900

For Sale by Agent

AgentJONATHAN LONG
BrokerageWILD RIVERS GROUP REAL ESTATE, LLC

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