N5553 Lake Drive Gilman WI 54433 $299,000 Schedule Tour
Residentialhouse for sale picture with an address of N5553 Lake Drive in Gilman and a list price of 299000 Pending
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$299,000

N5553 Lake Drive, Gilman, WI 54433

2 beds · 1 bath · 1,056 sqft · $283/sqft · 2.1 acres · Built 1992

MLS# 1601260

About N5553 Lake Drive, Gilman, WI 54433

Welcome home to your perfectly peaceful, rustic oasis on the water near Miller Dam.

Tucked away on a quiet dead-end road, this year-round lake home or cabin offers the warmth, comfort, and serenity you have been searching for with beautiful year-round lake views and a setting made for quiet mornings, cozy evenings, and years of memory making.

Inside, you’ll find an inviting open-concept layout with the kitchen, dining, and living areas flowing together.

Hardwood flooring and a wood-burning fireplace add timeless charm, while double patio doors open from the living room to a spacious deck overlooking the flowage.

It is the perfect place to sip coffee, gather with loved ones, watch the wildlife in the yard, or simply take in the peaceful surroundings.

The large yard gently leads to the water’s edge with low elevation.

Whether you are relaxing on the deck, enjoying the open yard, exploring the great fishing on the water, or soaking in the scenery through every season, this property offers the kind of calm and connection that is hard to find.
Outdoor enthusiasts will love the quick access to miles of ATV and snowmobile trails, along with being just minutes from national forest land for hunting, hiking, and year-round adventure.

A 30×48 pole shed provides plenty of room for boats, ATVs, snowmobiles, tools, and all the toys needed for true Northwoods living.
Full of welcoming charm, this is more than a lake property.

It is a place of peace and serenity, where memories are made.

If cozy were a place, this would be it.

Property Details

Style
One Story
Stories
1
Levels
One
Above Grade Finished
1,056 sq ft
Possession
Close Of Escrow
Heating
Forced Air
Electric
Circuit Breakers
Water
Well
Sewer
Septic Tank
Foundation
Poured
Construction
Vinyl Siding
Appliances
Dryer, Gas Water Heater, Oven, Range, Refrigerator, Washer
Basement
Crawl Space
Fireplace
Wood Burning
Patio & Porch
Deck
Parking
Driveway, Detached, Garage, Gravel
Other Structures
Outbuilding
Waterfront
Yes
Water Frontage
141 ft
View
Water
HOA
None
School District
Gilman
County
Taylor
Township
Town of Cleveland
Directions
From Gilman, N on Hwy 73 to E on Hwy M to W on Lake Rd to S on Lake Dr
Parcel Number
008003710000
Listing Brokerage
Edina Realty, Inc. - Chippewa Valley

Price & Listing History

  • May 2026 · Listed
    $299,000
  • Pending · 139 days since listed
    Final price disclosed at closing

Prior price and listing information from sources believed to be reliable, but no guarantees of accuracy and data has not been confirmed. Please confirm with county official documents.

About Chequamegon Waters Flowage

This property is on Chequamegon Waters Flowage, a lake in Taylor County.

Surface area
2,366 acres
Max depth
22 ft

Public access: Public boat access available.

Fish species:
Panfish Largemouth Bass Northern Pike
Aquatic invasive species present: Chinese Mystery Snail, Curly-Leaf Pondweed, Eurasian Water-Milfoil, Purple Loosestrife, Rusty Crayfish

View Chequamegon Waters Flowage on the WI DNR lake portal →

Source: Wisconsin DNR · lake data as of May 2026. Lake information is provided for general reference only and may not reflect current conditions. Verify independently before making decisions.

Location

  • Gas
  • Schools
  • Restaurants

What's Near N5553 Lake Dr, Gilman, WI 54433

Nearby Parks

Nearby Restaurants

Gilman Area Schools

Gilman School District

Elementary
Gilman Elementary (PK-06)
Middle
Gilman (district-wide)
High
Gilman High (07-12)

School information is sourced from public NCES data (assigned public schools from attendance-boundary data; nearby private schools and colleges by distance) and may change. Confirm directly with the school or district before relying on it.

Gilman Property Taxes

Annual tax
$2,426.69 (2025)
Parcel #
008003710000
County
Taylor

Mortgage Calculator

Estimated monthly $0
Principal & interest
$0
Property tax (est.)
$0
Home insurance (est.)
$0

Estimate only. Insurance assumed at 0.4% of home price annually; property tax from MLS data when available, otherwise 1.5%. Not a loan offer — confirm with your lender.

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This website is a service of 1 Reason Realty, a broker participant of the Northwestern Wisconsin MLS. IDX information is provided exclusively for consumers' 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.