$1,550,000

4 Beds 2 Baths 2,370 Sqft

1758 123rd Street, Balsam Lake, WI 54810

Property Type: Single-Family
Building Type: Single Family/Detached,1 Story
Time on Market: 5 hours
Price per Sqft: $654
Lot Size: 190x200x200x212
Waterfront: Y
Total Taxes: $8,883
Est. Age: 21+ Years

Description

Custom-built log home nestled on just under an acre of beautifully wooded privacy with 190 feet of exceptional frontage on highly sought-after Balsam Lake. Tucked away at the end of a quiet cul-de-sac, this property offers a gradual slope to the water's edge, a beautiful shoreline, and the perfect combination of privacy and convenience, just minutes from the charming town of Balsam Lake. Enjoy the benefits of natural gas, city sewer, and a private well. The main level features a spacious primary suite, an open-concept living area with a stunning floor-to-ceiling stone gas fireplace, and a lakeside screened porch just off the dining area. The walkout lower level has three additional bedrooms, two bathrooms, and a spacious family room with a second fireplace. Step outside to the paver patio and expansive yard, ideal for outdoor entertaining, lawn games, or simply enjoying the serene setting. A rare highlight of this property is the charming boathouse located right at the water's edge, complete with a living area, kitchenette, and bath. Offering the warmth and character of a Northwoods log home, outstanding privacy, and one of Balsam Lake's most desirable settings, this is a rare opportunity to own an exceptional lakefront property just a few miles from restaurants, shopping, and all the amenities of downtown Balsam Lake. See the supplements for items included in the sale from furniture to the pontoon. New roof in August. Enjoy boating, fishing, swimming, and all that 1,901 acre Balsam Lake has to offer within an hour of the metro area.

Property Details

Interior

Appliances:
  • Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Basement:
  • Finished, Full, Walk Out/Outer Door
Baths:
  • Full Baths: 1
  • Half Baths: 1
  • Bath Descriptions: 3/4 on Lower,Master Bedroom Bath: 3/4,Master Bedroom Bath,Full on Lower,Half on Main
Heating/Cooling:
  • Central Air, Boiler, Forced Air, In-floor
Heat Fuel:
  • Natural Gas
Interior Features:
  • Water Softener, Ceiling Fan(s), Wood Floors, Wood trim, Tile Floors, Cathedral/vaulted ceiling, Circuit Breakers
Sqft:
  • Total Sqft: 2,370

Rooms

Room Basement Level Lower Level Main Level Upper Level
Master Bedroom 14x13
Bedroom 2 14x10
Bedroom 3 13x11
Bedroom 4 13x8
Dining Room 14x12
Family Room 28x10
Kitchen 15x14
Living Room 21x17

Exterior

Acreage:
  • Range: 0.5 to .99
Exterior:
  • Brick/Stone, Log
Exterior Features:
  • Deck
Lot:
  • Size: 190x200x200x212
  • Description: Irregular, Wooded
Outbuildings:
  • Bunkhouse, Storage Shed
Roofing:
  • Other
Style:
  • Cabin/Cottage
Water:
  • Body of Water: Balsam Lake
  • Features: Boat House, Bottom-Rock, Bottom-Sand, Dock/Pier
  • Waterfront: Y
Water/Waste:
  • Well, Municipal Sewer

Misc.

Condominium:
  • Monthly Fee: 0.0
New Construction:
  • N
Postal:
  • Code: 54810
Street:
  • Name: 123rd Street
  • Suffix: STREET
Tax Year:
  • 2025
Zoning:
  • Residential-Single,Shoreline

Map

Listing Agent-Provided Directions:
  • From the town of Balsam Lake take County RD I East to Left on 123rd St/ Woods Court. Follow the road to the end and the property will be on your right.

Monthly Payment Calculator

$
Enter the listed price of the home.
$
Enter the down payment amount in dollars.
%
Enter the down payment percentage.
%
Enter the annual interest rate for the mortgage.
Est.
0.00
/month
Principal & Interest
$
Property Taxes
$
Enter the monthly property taxes.
Home Insurance
$
Enter the monthly home insurance cost.
Mortgage Insurance
$
Enter the monthly mortgage insurance cost.
HOA Fees
$
Enter the monthly HOA fees.
Utilities
$
Enter the monthly utilities cost.

Schools and Neighborhood

School District:
  • Unity
Postal City:
  • Balsam Lake
Municipality:
  • Name: BALSAM LAKE
  • Type: City
County:
  • POLK

Market Comparison

How this property compares to local market averages — calculated 9/10/2026

This Property
Balsam Lake Single Family Home Avg
Polk County Single Family Home Avg
List Price
$1,550,000
$510,225
$426,965
Median Price
$369,500
$367,000
Price / Sq Ft
$654
$242
$230
Days on Market
5 hours
19 days
79 days
Total Listings
8
202

Listing Information

  • Time on Market: 5 hours
  • Place Perfect Last Updated: 2026-09-10 00:11:14
  • MLS Number: 7099547
  • Subsystem Locale: WIREX_WWRA
  • Listing Office: Edina Realty, Inc.
  • Listing Agent: Nichole Reed
WIREX Logo

This information is provided by WIREX via the REALTORS Association of Northeast Wisconsin multiple listing service and is exclusively for consumers’ personal, non-commercial use. Information is deemed reliable but not guaranteed.

© 2026 WIREX-Wisconsin Real Estate Exchange – All Rights Reserved