48840 Old Grade Rd, Cable, WI 54821
OFF MARKET

48840 Old Grade Rd
Cable, WI 54821

  • 2 Beds
  • 1 Bath
  • 1,340 sqft (on 20 acres)

$302,900

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $1,889/mo*

$302,900

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $1,889/mo*
2 Beds
1 Bath
1,340 sqft
(on 20 acres)

Home Value

Trulia Estimate
$303K
Since last month
Increased$1K (+0.4%)
Since last year
Increased$25K (+8.9%)
Since last sale
Increased$15K (+5.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +173% in the last 10 years
MonthEstimated value
2026
August 2026$303K
July 2026$303K
June 2026$302K
May 2026$298K
April 2026$300K
March 2026$300K
February 2026$296K
January 2026$294K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.80
Single-Family Home
$470,000
07/24/26
3
2
1,752
0.82
Single-Family Home
$470,000
07/24/26
3
2
1,752
0.75
Single-Family Home
$950,000
10/17/25
4
2.5
2,738
3.60
Single-Family Home
$720,000
06/26/26
2
2
1,515
6.15
Single-Family Home
$197,500
06/18/26
2
1
1,016
5.24
Single-Family Home
$2,700,000
08/10/26
4
3
3,808
5.90
Single-Family Home
$405,000
10/16/25
3
1.5
1,175
6.37
Single-Family Home
$379,000
12/23/25
3
2
1,960
6.46
Single-Family Home
$170,000
01/07/26
2
2
864
6.26
Single-Family Home
$200,000
12/22/25
3
2
1,600

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.50
$415,000
3
2
1,456
Recently Sold
0.57
$348,300
3
1
1,900
Off Market
0.72
$477,700
2
1
1,000
Off Market
0.75
$950,000
4
2.5
2,738
Recently Sold
0.78
$95,000
-
-
-
Recently Sold
0.78
$612,500
2
2
1,716
Off Market
0.80
$470,000
3
2
1,752
Recently Sold
0.82
$470,000
3
2
1,752
Recently Sold
1.54
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 48840 Old Grade Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2003
Lot Size
20 acres
Living Area
1,340 sqft
Price/Sqft
$226
Parking
Garage

About this House

This property offers approximately 1,340 square feet of living space with two bedrooms and one bathroom. The home sits on a sizable lot of approximately 20 acres, providing ample space and privacy. The property features several notable amenities, including a loft area that could be utilized as a flexible living or work space. Outdoor enthusiasts will appreciate the proximity to Atkins Lake, as well as access to ATV and snowmobile trails. Additionally, the property includes outbuildings, which can be useful for storage or other purposes. The home has undergone updates, enhancing its functionality and comfort. The location within walking distance to the beach allows for easy access to the waterfront and boat landing. This property presents an ideal living situation for those seeking a balance of indoor and outdoor experiences.
48840 Old Grade Rd, Cable, WI 54821 is a 2 bedroom, 1 bathroom, 1,340 sqft single-family home built in 2003. It last sold for $288,000 on Aug 1, 2025 (3% above the $279,000 asking price). It is currently off market. The Trulia Estimate is $302,900, with a rent estimate of $1,450/month.

Home Details for 48840 Old Grade Rd

Interior Features

Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1340 Square FeetFoundation Area: 1200
Appliances & Utilities
Appliances: Microwave, Range, RefrigeratorMicrowaveRefrigerator
Heating & Cooling
Heating: Fireplace(s),Forced Air,Wood,PropaneHas HeatingHeating Fuel: Fireplace S
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Wood BurningHas a Fireplace
Gas & Electric
Electric: Bayfield Electric Co-Op
Levels, Entrance, & Accessibility
Number of Stories: 1Accessibility: Partially Wheelchair, No Stairs External
View
Has a ViewView: Panoramic

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: PorchVegetation: Heavily WoodedOther Structures: OtherFoundation: Concrete Perimeter
Parking & Garage
No CarportHas a GarageNo Attached GarageHas Open ParkingParking: Off Street,Concrete,Detached,Electrical Service,Slab
Frontage
Waterfront: Shoreline Characteristics(Undeveloped)Road Frontage: TownshipResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: UnimprovedNot on Waterfront
Water & Sewer
Sewer: Holding Tank
Finished Area
Finished Area (above surface): 1340 Square Feet

Days on Market

Cumulative Days on Market: 5

Property Information

Year Built
Year Built: 2003
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Vinyl, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 16341

Price & Status

Price
List Price: $279,000
Status Change & Dates
Off Market Date: Sat Jun 28 2025Possession Timing: Immediate

Active Status

MLS Status: SOLD

Location

Direction & Address
City: Cable
School Information
High School District: Drummond Area (WI) #1491

HOA

No HOA

Lot Information

Lot Area: 20 Acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: 6120277Attribution Contact: ***Above Grade Unfinished Area: 1340
Last check for updates: about 3 hours ago
Listed by Katie Barningham, (715) 292-7518
Coldwell Banker Realty - Duluth
Bought with: Alexander J Dempsey, (715) 681-2879, eXp Realty, LLC- WI
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6120277

Price and Tax history

DateEventPrice
Aug 1, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6120277
Sold
$288,000
Jun 28, 2025
Source: WIREX MLS #6120277
Contingent
$279,000
Jun 23, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6120277
Listed For Sale
$279,000
Aug 4, 2023
Source: WIREX MLS #1572619
Sold
$165,000
Jul 26, 2023
Source: WIREX MLS #1572619
Pending
$200,000

Market trends in Cable

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
28
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What Locals Say about Cable

At least 1 Trulia users voted on each feature.
  • 100 % Say it's walkable to restaurants

  • 100 % Say car is needed

  • 100 % Say parking is easy

  • 100 % Say there's holiday spirit

  • 100 % Say it's quiet

  • 100 % Say there's wildlife

  • 75 % Say neighbors are friendly

  • 50 % Say they plan to stay for at least 5 years

  • 50 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Generic dog
    "Ample dog walking opportunities and access to public lands. Sidewalks access limited. Need for a dog park."
  • Riverski617
    "I am able to drive to work and work at home with my fiberoptic internet when needed. I never have to worry about traffic but am always on the lookout for deer."
  • Laurel H.
    "We bought a cabin in Cable WI this spring and love the area! Lots of charming places to visit, wonderful restaurants, great people and fabulous family activities. Great boating, beautiful trails, wonderful lakes, great food!! We always look forward to time in Cable!"

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Apartments for Rent

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Homes for sale near 48840 Old Grade Rd

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Off Market Homes Near 48840 Old Grade Rd

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Frequently asked questions about 48840 Old Grade Rd

  • What is 48840 Old Grade Rd estimated to be worth?
    Trulia's estimated value for 48840 Old Grade Rd in Cable, WI is $302,900.
  • What is the price history for 48840 Old Grade Rd?
    48840 Old Grade Rd in Cable, WI last sold for $288,000 in August 2025.
  • Is Cable a buyer's or seller's market?
    Cable is currently a balanced market, based on recent for-sale activity.
  • What are the closest schools to 48840 Old Grade Rd?
    The closest schools to 48840 Old Grade Rd in Cable, WI are Drummond Elementary School (Pre-K, rated 7/10), Drummond High School (rated 5/10), Drummond Junior High School (rated 4/10).
  • How big is the lot at 48840 Old Grade Rd?
    The lot at 48840 Old Grade Rd in Cable, WI is about 20 acres.
  • Does 48840 Old Grade Rd have a garage?
    Yes, 48840 Old Grade Rd in Cable, WI has a garage.
Based on information submitted to the MLS GRID as of 2026-08-15 12:22:17 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information