39.52 Acres with Farmhouse for Sale Near Alice Lake in Tomahawk, WI

W4540 County D Tomahawk, Wisconsin
For Sale

39.52 Acres with Farmhouse for Sale Near Alice Lake in Tomahawk, WI

W4540 County D Tomahawk, Wisconsin
$249,900 38.52 Acres
County: Lincoln
Township: King
Price Per Acre: $6,576
Taxes: $2,210

Listing Agent Info

Jeremy VanHulle – Founder & Lead Land Specialist | Whitetail Dreams WD Realty | Whitetail Dreams
(920) 819-1338

Property Details

39.52 Acres with Farmhouse Near Alice Lake – Tomahawk, Wisconsin

W4540 County Highway D offers 39.52 acres, an early-1900s farmhouse, multiple outbuildings and one of the more impressive mature wooded settings you will find this close to Tomahawk and the Wisconsin River.

The property is approximately one-half mile from 1,438-acre Alice Lake, part of the Wisconsin River system. That puts boating, fishing and a large recreational waterbody close by without the cost of waterfront ownership.

The two-story farmhouse contains approximately 1,785 square feet. The home is aged and will need updating, but it has been maintained and appears to have solid bones. The floor plan includes three bedrooms, one bathroom, kitchen, dining area, living room and basement.

The property is served by a mound septic system and point well. An old barn and mower shed remain from the years when the property operated as a horse farm. These buildings add useful storage and are part of the property’s history, but buyers should evaluate their present condition and intended use.

The land is the feature that separates this property from the typical older farmstead. As the former farm grew in, it developed into a diverse mature forest with pine, hemlock, oak, maple and birch. The mix of timber, rolling topography and older farm openings creates constant changes in cover and elevation as you move across the property.

Some portions of this land are genuinely impressive. Mature conifers create quiet, shaded areas, while the hardwoods and terrain open into settings that could work for recreation, hunting, trails or carefully planned future improvements. The varied topography gives the acreage character and creates natural travel corridors and terrain features that should appeal to a recreational buyer.

This is also a corner property with County Highway D along the south and Shorewood Road along the east. Road frontage on two sides creates multiple potential access points and gives a buyer more flexibility when considering how the property may be used.

Lincoln County’s reported density standard of four dwellings per 40 acres may create additional long-term opportunity. Any division, dwelling placement or development plan must be independently verified with Lincoln County and the applicable local municipality before relying on it.

This is not a finished or updated country home. It is an older farmstead with a maintained farmhouse, useful infrastructure, mature timber, strong topography, two-road access and several possible directions for the next owner.