Business opportunity or a primary residence, this updated commercial building has most recently been used as rental house. With living room or showroom, two bedrooms (or offices), full bathroom with a shower and an updated kitchen, the property has several use opportunities. The seller is a WI real estate broker and has replaced the following items in the last few years: roof, windows, doors, flooring (except one room), most lights, full bathroom, washer, dryer, kitchen and appliances, electrical, furnace, water heater, pressure tank, water softener, drywall, interior painting, most trim work, and exterior siding paint. The property has a two stall garage and is located at the corner of Hwy 17 and Shepard Lake Rd. Buyer to verify zoning uses.
- WI
- Rhinelander
- 54501
- 4748 SHEPARD LAKE RD
- MLS# 207959
- Date Listed07/17/2024
- Bedrooms 2
- Bathrooms 1 Full baths
- Lot Size 1.88 acres (81,893 sq. ft)
- Sewer Holding Tank
- Property Type Single Family
- County Oneida
- Year Built 1960
- Water Private, Well
- Square Feet 1,097 sq. ft
- Price Per Sq. Ft $126.71
Interior Features
- Appliances Dryer, Range, Refrigerator, Washer
- Cooling Central Air
- Heating Forced Air, Natural Gas
Exterior / Lot Features
- Roof Composition, Shingle
- Lot Size Acres 1.88
- Lot Size SQFT 81,893.00
- Lot Features -
Directions
From Hwy 17, turn east onto Shepard Lake Road. Property located on left.
Financial Considerations
- Tax Amount $1,226
- Terms Cash, Conventional, FHA, VA Loan
Nearby Schools
Source: School Digger
Public • PK - 3 • Serves this home
4.19 mi
Distance
Public • 6 - 8 • Serves this home
1.58 mi
Distance
Public • 9 - 12 • Serves this home
2.12 mi
Distance
Public • PK - 3 • Serves this home
4.19 mi
Distance
Public • PK - 5
6.19 mi
Distance
Public • 6 - 8 • Serves this home
1.58 mi
Distance
Public • 9 - 12 • Serves this home
2.12 mi
Distance
Sales & Tax History
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 4111 NORTH DR | Listing | 5 | 2 | Nov 26, 2025 | $499,900 | Jan 16, 2026 | - |
| 4227 BIRCHWOOD DR | 3 | 3 | Nov 26, 2025 | $474,900 | Jan 16, 2026 | - |
| 3651 SPRING RD | 2 | 2 | Nov 26, 2025 | $199,000 | Jan 16, 2026 | - |
| 4983 ISLE VIEW DR | Listing | 3 | 2 | Nov 26, 2025 | $365,000 | Mar 15, 2024 | $363,400 |
| 4700 CHEROKEE LN | Listing | 12 | 6 | Nov 26, 2025 | $549,000 | Jan 16, 2026 | - |
| 173 EDGEWATER CT | 3 | 2 | Nov 26, 2025 | $94,500 | Jan 16, 2026 | - |
| 4739 BALSAM LN E | Listing | 4 | 2 | Nov 26, 2025 | $179,900 | Mar 21, 2023 | $165,000 |
| 4319 PINE LAKE RD | Listing | 3 | 1 | Nov 26, 2025 | $159,900 | Jan 16, 2026 | - |
| 3742 FAUST LAKE RD N | Listing | 2 | 2 | Nov 26, 2025 | $300,000 | Mar 15, 2024 | $438,300 |
| 3750 FAUST LAKE RD N | Listing | 4 | 3 | Nov 26, 2025 | $329,900 | Mar 15, 2024 | $309,700 |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 20,138 | 7,624 | 36,809 | 335,858,263 |
| Population Density | 55 | 908 | 33 | 95 |
| People per Household | 2.3 | 2.1 | 2.2 | 2.6 |
| Median Age | 47.1 | 40.3 | 50.7 | 39.1 |
| Median Income | $56,207 | $44,303 | $59,029 | $66,222 |
| Average Income | $32,866 | $30,177 | $36,065 | $35,475 |
| Cost of Living Index | 83 | 74 | 82 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | -0.2°F | -0.2°F | -2.08°F | 22.6°F |
| July Avg. High Temp | 78.6°F | 78.6°F | 76.61°F | 86.2°F |
| Annual Precipitation | 31.9" | 31.9" | 31.67" | 38" |
10/100
Car-Dependent
Walk Score ®
27/100
Bikable
Bike Score ®
Overview
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 6/100, Transit Score: 0/100, Bike Score: 24/100.
Property Change History
Points of Interest near 4748 SHEPARD LAKE RD, Rhinelander, WI 54501
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0.94 mi
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422 ft
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0.68 mi
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0.9 mi
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0.94 mi
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1.34 mi
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1.35 mi
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1.34 mi
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1.35 mi
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1.36 mi
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1.44 mi
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1.11 mi
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1.34 mi
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1.35 mi
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422 ft
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0.31 mi
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0.87 mi
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0.59 mi
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0.85 mi
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1.11 mi
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1.21 mi
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1.32 mi
Distance
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Frequently Asked Questions for 4748 SHEPARD LAKE RD
Source: Realty.com
4748 SHEPARD LAKE RD, Rhinelander, WI 54501 is a Single Family 1,097 sq. ft. home listed for sale. Realty.com has 27 photos available of this 2 bed, 1 bath house, listed at $139,000. View sales and tax history, use our mortgage calculator and more on Realty.com
Realty.com has 27 photos of 4748 SHEPARD LAKE RD.
Our records indicate that 4748 SHEPARD LAKE RD was built in 1960.
The full address for this home is 4748 SHEPARD LAKE RD, Rhinelander, WI 54501.
4748 SHEPARD LAKE RD has been listed on Realty.com since Wed July 17, 2024
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 6/100, Transit Score: 0/100, Bike Score: 24/100.
There are 3 schools assigned to this home. Check out the schools near 4748 SHEPARD LAKE RD. Pelican Elementary School (Grades: PK - 3), James Williams Middle School (Grades: 6 - 8), Rhinelander High School (Grades: 9 - 12)
Listing provided courtesy of:
Lakeland Realty
(tel: 715-358-5263)
Listing agent:
Cecily Dawson
(#42469)
This content last refreshed on 2026-01-16 14:14:29. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 4748 SHEPARD LAKE RD, Rhinelander, WI 54501 : MLS# 207959