Location

Nearby schools

School ratings (A+ to F) from HJN community data.

Pelican Elementary School
PK-5 · Regular · Rhinelander School District
263 students · 10.1:1 student–teacher
Pelican Elementary School school rating: C- 3.6 mi
James Williams Middle School
6-8 · Regular · Rhinelander School District
454 students · 12.2:1 student–teacher
James Williams Middle School school rating: C 3.7 mi
Rhinelander High School
9-12 · Regular · Rhinelander School District
757 students · 15.7:1 student–teacher
Rhinelander High School school rating: B- 3.9 mi
Central Elementary School
PK-5 · Regular · Rhinelander School District
269 students · 10.5:1 student–teacher
Central Elementary School school rating: B- 4.5 mi
Zion Lutheran School
PK-8 · Regular
80 students · 16.0:1 student–teacher
4.7 mi
Nativity of Our Lord Catholic School
PK-8 · Regular
145 students · 11.2:1 student–teacher
4.7 mi

Nearby places

Within 2 miles of this home: 6 parks and green spaces.

Place data from OpenStreetMap.

Parks & recreation

Second Lake
1.0 mi
Moen Lake
1.0 mi
Third Lake
1.1 mi
Del Stengl Lake
1.4 mi
Shepard Lake
1.8 mi
Sunset Lake
1.8 mi

The 54501 market

Homes for sale: 99
Median list price: $339,000

Similar homes nearby

See all in 54501

Sources for the nearby listings shown on this page

Greater Northwoods MLS: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Listing information ©2026 Greater Northwoods MLS, Inc®. All Rights Reserved. Last Updated: 2026-10-30 17:17:49 UTC
Wisconsin Real Estate Exchange (WIREX): IDX information is provided exclusively for consumers’ personal non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed by the MLS.

Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

No listing photos

3971 SHEPARD LAKE Road, Rhinelander WI 54501

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Beds

0

Baths

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Sqft

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Year built

Estimated value: $345,419

Range $313,007 – $377,831 · as of August 30, 2026

How this estimate has moved

ATTOM automated valuation model · 55 published estimates over 6.7 years · shaded band is the model's own published low-to-high range

$163,200 January 2020$345,419 August 2026

Highest reading $348,318 in July 2026; lowest $148,000 in March 2020. The vertical scale starts at the series' own low, not at zero — it is drawn to show movement, not absolute size.

Public records

— beds
0 baths
— sqft
217,800 sqft lot
Built —
Use: RESIDENTIAL
APN PL 544 1

Estimate your monthly payment

Home price

Down payment (20%)

$69,084

Loan term

Interest rate (%)

Property tax (%/yr)

Home insurance ($/yr)

HOA ($/mo)

Estimated monthly payment

$2,317/mo

Principal & interest$1,883

Property tax$317

Home insurance$117

Loan amount $276,335. Estimate only — your actual rate and payment depend on credit, location, and lender.

Tax history

2025 roll

Land: $22,400
Structure: $124,800
Assessed total: $147,200
County market value: $240,716
Property tax billed: $2,788.04

Sale & deed history

February 7, 2022Arm's-lengthCash$208,000
December 9, 2019Arm's-length$182,000