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W6988 & W7006 Narrows Trl, Minong, WI, 54859

5beds
4baths
2,504sqft
$349,900
$140price/sqft
$2,429/moest. monthly cost
$97,160/yrincome needed

About This Home

Set on 1.29 acres with an impressive 228 feet of frontage on beautiful Gilmore Lake, this rare multi-home waterfront property offers the ultimate Northwoods retreat with endless opportunities for recreation, rental income, or multi-generational living. Located just outside of Minong, this unique compound sits on the desirable Little Gilmore portion of the lake, known for its deeper water and culvert access into Big Gilmore across the full 389-acre chain. The property features multiple year-round living spaces designed to comfortably accommodate large families, guests, or vacation renters. The main lakefront home offers 2 bedrooms and 1 bathroom with beautiful lake views and its own lakeside deck just steps from the water. A second lakefront guest house also sits directly along the shoreline and includes 2 bedrooms, 1 bathroom, and another private lakeside deck for enjoying peaceful mornings and unforgettable sunsets. Adding even more versatility is the detached 2-car garage with finished living quarters above, along with a separate detached loft near the lakeside home, creating exceptional flexibility for guests, bunk space, hobby areas, home offices, or additional rental possibilities. All structures are set up for year-round use, making this an ideal four-season getaway or investment opportunity. Gilmore Lake is well-known for boating, fishing, kayaking, and swimming, while the surrounding area offers outstanding recreational opportunities year-round. Enjoy direct access to ATV and snowmobile trails right from the property and spend summer afternoons at the nearby 18-hole Black Bear Golf Course. Whether you’re searching for a private family compound, income-producing vacation rental property, or a one-of-a-kind waterfront escape near Minong, this property delivers an exceptional combination of frontage, flexibility, recreation, and Northwoods charm.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

6/10
3/10
Northwood Hi/MidGrades 6-124.7 mi

Construction

Condition

  • Year built: 1978

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Basement

  • Has basement: Yes
  • Basement: Block

Bathroom

  • Level: Main
  • Area: 48
  • Dimensions: 6 X 8

Bathroom

  • Level: Upper
  • Area: 50
  • Dimensions: 10 X 5

Bathroom

  • Level: Main
  • Area: 60
  • Dimensions: 6 X 10

Bathroom

  • Level: Upper
  • Area: 42
  • Dimensions: 6 X 7

Bedroom

  • Level: Main
  • Area: 195
  • Dimensions: 13 X 15

Bedroom2

  • Level: Main
  • Area: 156
  • Dimensions: 12 X 13

Bedroom3

  • Level: Upper
  • Area: 100
  • Dimensions: 10 X 10

Bedroom4

  • Level: Main
  • Area: 120
  • Dimensions: 8 X 15

Bedroom5

  • Level: Main
  • Area: 144
  • Dimensions: 12 X 12

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Dining Room

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

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,504

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 2,040
  • Total interior livable area: 2,504 sqft

Kitchen

  • Level: Main
  • Area: 135
  • Dimensions: 15 X 9

Kitchen

  • Level: Upper
  • Area: 54
  • Dimensions: 6 X 9

Kitchen

  • Level: Main
  • Area: 208
  • Dimensions: 16 X 13

Living Room

  • Level: Main
  • Area: 360
  • Dimensions: 15 X 24

Living Room

  • Level: Upper
  • Area: 144
  • Dimensions: 12 X 12

Living Room

  • Level: Main
  • Area: 130
  • Dimensions: 10 X 13

Living Room

  • Level: Upper
  • Area: 450
  • Dimensions: 30 X 15

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 650302421217505009017000
  • Zoning description: Shoreline
  • Foundation area: 2504

Features

  • Levels: One and One Half
  • Stories: 1
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake Front,Waterfront Elevation(0-4),Lake Bottom(Sand,Weeds)
  • Frontage length: Water Frontage: 228

Lot

  • Lot size: 1.29 Acres
  • Lot size dimensions: 228 x 291

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
  • Lightning
    LightningVery High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Hail
Inland Flooding
Strong Wind
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 $1,769$21,228
Home Insurance *$140$1,680
Property Taxes $285$3,420
Electricity $235$2,823
Total$2,429$29,148
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$83,280/yr
40% on housing$72,870/yr
45% on housing$64,773/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: 6.1%
6.1%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$140This listing

vs Other Active Listings

Avg $/sqft

ZIP 54859$189
Washburn County$215

vs Homes Sold Last Month

Median $/sqft

ZIP 54859
Washburn County$140

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
2026-08-13Price change$324,900
2026-07-27Price change$349,900
2026-07-14Price change$395,000
2026-06-23Price change$419,900
2026-06-02Price change$449,900
2026-05-19Listed for sale$499,900

For Sale by Agent

AgentKevin R Brisky
BrokerageLakewoods Real Estate

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