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$278,000 -$20,000 (-6.71%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1,001 Sq. Ft.
  • Updated 2 days ago
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Opportunity to own 186' of frontage on Lower Red Lake. Just shy of an acre, this peaceful setting offers a double lot and beautiful water views. The house has two bedrooms, beamed ceiling open concept and a wrap-around deck. This walk-out Ranch already has a second completed full bath in the lower level and is waiting for the new owner to finish the additional living space. Large water side level lot to enjoy games, campfires and relaxing. This is where memories are created. You've always dreamed of owing a property on the water and now is your chance! Added bonus of municipal water & sewer. New metal roof 2016, furnace & A/C 2022, windows 2024. The big stuff has been done; now the fun begins to decorate and make this property your own!

Full Property Details for 321 Lake Dr

General

  • Price: $278,000
  • Taxes: $4,891
  • Status: Active
  • Type: Single Family
  • Source: Wirex_Realtors_Association_of_Northeast_Wisconsin_RANW
  • MLS ID: 50325287
  • Updated: 5/28/2026
  • Added to Site: 17 day(s) ago

Interior

  • Appliances: Range/Oven, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2
  • Primary Bedroom: 13 x 12, Main
  • Bedroom 2: 11 x 10, Main

Other Rooms

  • Living Room: 16 x 12, Main
  • Kitchen: 15 x 11, Main

Exterior

  • Exterior Features: Deck

Parking

  • Garage Description: None

Location

  • Municipality: Gresham
  • County: Shawano
  • Driving Directions: Hwy 29, Hwy U, Lake Drive

School Information

  • School District: Gresham

Heating & Cooling

  • Heating Fuel: LP Gas
  • Heating/Cooling: Central Air Conditioning, Forced Air

Utilities

  • Water/Sewer: Municipal Water, Municipal Sewer

Structural Information

  • Architectural Style: Ranch
  • Description/Design: 1 Story
  • Construction Status: Construction Completed
  • Exterior Const.: Cedar
  • Basement Desc.: Full, Sump Pump, Walk-Out/Outer Door, Partially Finished, Poured Concrete
  • Square Feet: 1,001
  • Square Feet Range: 1001 to 1250
  • Sq. Ft. Source: Assessor/Public Record

Additional Structures

  • Other Structures: Storage Shed

Lot Features

  • Lot Size (Acres): 0.97
  • Lot Size Range: .5 to .99 Acre
  • Lot Size Source: Assessor/Public Record
  • Zoning: Residential

Water Features

  • Water Front: Yes
  • Water Front Name: Lower Red Lake
  • Water Front Desc.: 101 to 199 feet, Water Frontage on Lot, Lake, Boat House
  • Lake Front: Yes

Financial Considerations

  • Tax Amount: $4,891.13

Listed by Century 21 Affiliated

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— 321 Lake Dr —

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Schools serving 321 Lake Dr

School District:Gresham School District
NameGradesDistance
Gresham Elementary School, Gresham, WI
501 Schabow Street, Gresham, WI 54128
PK-50.7 mi
Gresham High School
501 Schabow Street, Gresham, WI 54128
6-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 321 Lake Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/28/2026
Price Reduced
$278,000
-6.71%
MLS
5/12/2026
Listed
$298,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 321 Lake Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,241
17%
$85,000
—
2024
$2,773
2%
$85,000
—
2023
$2,730
-4%
$85,000
—
2022
$2,838
16%
$85,000
—
2021
$2,455
-2%
$85,000
—
2020
$2,504
6%
$85,000
—
2019
$2,370
10%
$85,000
19%
2018
$2,157
5%
$71,500
—
2017
$2,056
-2%
$71,500
—
2016
$2,099
3%
$71,500
—
2015
$2,038
5%
$71,500
—
2014
$1,944
-10%
$71,500
—
2013
$2,156
—
$71,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Century 21 Affiliated

321 Lake Drive, Gresham, WI 54128 (MLS# 50325287) is a Single Family property with 2 bedrooms and 2 full bathrooms. 321 Lake Drive is currently listed for $278,000 and was received on May 12, 2026. Want to learn more about 321 Lake Drive? Do you have questions about finding other Single Family real estate for sale in Gresham? You can browse all Gresham real estate or contact a Coldwell Banker agent to request more information.

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