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1222 Lake Shore Dr E, Ashland, WI, 54806

3beds
3baths
2,000sqft
$149,900
$75price/sqft
$1,203/moest. monthly cost
$48,120/yrincome needed

About This Home

This is your chance to own a home just a block away from Lake Superior. A nice two bedroom upper level apartment has a deck off the living space with Lake Superior views and a bright, enclosed sunporch off the back. The main level houses The Harbor Bar which offers a walk-in cooler, two restrooms, and back storage area. Live on site and rent out the lower level for extra income or convert it into more living space. With its wonderful historic front facade and off street parking this is a really great opportunity to call this special place home.

Getting Around

34
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

3/10
2/10
Ashland Middle SchoolGrades 6-81.1 mi
3/10
Ashland High SchoolGrades 9-122.1 mi

Construction

Condition

  • Property condition: Previously Owned
  • Year built: 1985

Materials

  • Foundation: Concrete Perimeter
  • Roof: Asphalt Shingle
  • Construction materials: Composition,Frame/Wood

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Water Heater - Gas,Refrigerator,Range
  • Laundry features: None

Basement

  • Has basement: Yes
  • Basement: Partial

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,000

Heating

  • Heating features: Wall Unit(s)

Interior Area

  • Total interior livable area: 2,000 sqft

Property

Accessibility

  • Accessibility features: No Stairs External

Details

  • Parcel number: 201011810000
  • Zoning description: Residential-Rec Business
  • Foundation area: 1000

Features

  • Exterior features: Balcony
  • Has view: Yes
  • View description: Lake Superior
  • Has water view: Yes
  • Water view: Lake Superior

Lot

  • Lot size: 3,484 sqft
  • Features: Corner Lot,Level
  • Lot size dimensions: 25 x 140

Parking

  • Total spaces: 1
  • Parking features: Off Street,Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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
  • Winter Weather
    Winter WeatherVery High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindModerate
  • 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 $757$9,084
Home Insurance *$97$1,164
Property Taxes $162$1,944
Electricity $187$2,255
Total$1,203$14,436
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$41,245/yr
40% on housing$36,090/yr
45% on housing$32,080/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: 8.8%
8.8%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -0.6%
-0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$75This listing

vs Other Active Listings

Avg $/sqft

ZIP 54806$183
Ashland County$183

vs Homes Sold Last Month

Median $/sqft

ZIP 54806
Ashland County$114

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
2026-06-16Listed for sale$149,900

For Sale by Agent

AgentAnthony I Jennings
BrokerageAnthony Jennings & Crew Real Estate LLC

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