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20985 Lakewood Drive

Trade Lake, WI 54840

2 beds
1 bath
912 sqft
~1/2 acre lot
$503 per sqft
1940 build
– on site

Move right in and enjoy the summer in this beautifully renovated lake home. It has been taken down to the studs and rebuilt on a new foundation and is now ready for you to enjoy! Over 350' of lakeshore on gorgeous Big Trade Lake, known for its great fishing. This is for the buyers that appreciate all the details from the maple floors, to the old touches of the original cabin log wall, to the extra high trim and Anderson windows. This home was done right! In the summer open the patio doors and expand onto your 18x9 composite deck outdoor living space just a few feet from waters edge. Or on the raining days, enjoy a cup of coffee in the 4 season porch with 180 degree views of the lake. So private, it feels like you own the entire lake! New landscaping including bonfire pit for those late night fires. If you want even more, the 2nd half of the lot is undeveloped and could be space for guests to bring campers, or whatever else you need. Check out all the storage in the dry and clean crawlspace, plus there is a 10x16 shed for all the toys. This one is absolutely perfect. Use it yourself or could pay for itself with a few weeks as a VRBO. This is the one you have been waiting for!

Listing courtesy of NORTHSTAR / Lisa Boe / Keller Williams Premier Realty

Last checked: Checking… • Last updated May 18, 2025 •

MLS# 6707385 —

The Building

Year Built:

1940
New Construction:

false
Age Of Property:

85
Construction Materials:

Fiber Cement
Roof:

Age 8 Years or Less, Asphalt
Accessibility Features:

None
Levels:

One
Main Level Finished Area:

912.0000
Basement:

Crawl Space
Basement:

true
Foundation Area:

912
Foundation Dimensions:

23x38
Manufactured Home:

No
Building Area Total:

912
Above Grade Finished Area:

912

Interior

Dining Room Description:

Breakfast Bar,Informal Dining Room
Fireplace:

false
Amenities:

Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Washer/Dryer Hookup

Room Dimensions

Living Area:

912

Location

Directions:

From Highway 87 turn east on County Rd Z to Lakewood Dr to home.
Latitude:

45.677017
Longitude:

-92.608233

The Property

Parcel Number:

070342371821505003016000
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Features:

Accessible Shoreline, Irregular Lot
Lot Size Area:

0.59
Lot Size Dimensions:

339x88
Lot Size SqFt:

25700.4
Lot Size Units:

Acres
View:

Bay, Panoramic
Lake Chain:

N
Lake Acres:

327
Lake Depth:

39
Water Body Name:

Big Trade Lake
Waterfront Slope:

Level
Waterfront Feet:

339
Road Between Waterfront and Home:

No
Road Frontage Type:

City Street
Road Responsibility:

Public Maintained Road
Water Source:

Sand Point, Well
Other Structures:

Storage Shed
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

2085
Tax With Assessments:

2085.0000

Beds

Bedrooms Total:

2

Baths

Total Baths:

1
Bath Description:

Main Floor 3/4 Bath
Three Quarter Baths:

1

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Sewer:

Private Sewer, Septic System Compliant - Yes

Appliances

Appliances:

Dryer, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Tankless Water Heater, Washer

Schools

High School District:

Grantsburg

The Community

Waterfront:

true
Waterfront Features:

Lake Front, Lake View
Association:

false
Assessment Pending:

No

Parking

Parking Features:

Gravel

Monthly cost estimate

Asking price

$459,000

Expense	Monthly cost
Mortgage	$2,457
Taxes	$173
Insurance	$126
Utilities	$163 See report
Total	$2,919/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
5/17/25 May 17, 2025	Price Changed	NORTHSTAR	$459,000	1.8%
5/17/25 May 17, 2025	Price Changed	NORTHSTAR	$450,900	-7.8%
4/30/25 Apr 30, 2025	Listed / Active	NORTHSTAR	$489,000

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This house located in Trade Lake, WI 54840 is currently for sale for $459,000. 20985 Lakewood Drive is a 912 square foot house with 2 beds and 1 bath that has been on Estately for 21 days. This house is in the attendance area of Nelson Elementary, Grantsburg Middle School, Grantsburg Elementary School, and Grantsburg High School.

Listing Courtesy of: NORTHSTAR and Keller Williams Premier Realty.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.