5940 Forest Loop Rd
Rhinelander, WI 54501
- Studio
Studio
(on 24.34 acres)
Local Information
-- mins to
Description
Secluded paradise with over 24 acres located just outside of Rhinelander. This cottage has 2 bedroom 1 bathroom with a wonderful Northwoods flair with its tongue and groove pine walls and beautiful views of the lake. The garage has a very large 23x15 finished area above it. This property stretches out along the water for over 1,400 feet and you'll love walking the trail along the water. There is a survey map of the property and estimates have been as high as 1,490 feet of water frontage. The land is heavily wooded with many very giant oak trees and towering pines that you could build your own log cabin with. Townline Lake offers 60 acres of water, 25 feet deep and a very sandy bottom. All the charm and character of yesteryear for a perfect Northwoods getaway. This property has been in the same family since the 1920's and it time for the next family to create lasting memories. Properties like this do not come on the market that often. Please call to schedule a viewing.
5940 Forest Loop Rd, Rhinelander, WI 54501 is a studio single-family home. It last sold for $224,000 on Oct 30, 2015. It is currently off market. The Trulia Estimate is $503,100, with a rent estimate of $1,878/month.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 5940 Forest Loop Rd
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Property Type / Style Property Type: Single Family Home |
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Lot Area: 24.34 acres |
Price History for 5940 Forest Loop Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 10/30/2015 | $224,000 | Sold | GNMLS #150783 |
Market trends in Rhinelander
Last updated May 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
61
12MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $3,699 |
| Assessment | $313,000 |
Home facts updated by county records
Comparable Sales for 5940 Forest Loop Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.31 | Single-Family Home | $137,500 | 01/21/26 | 2 | 1 | 1,060 | |
0.41 | Single-Family Home | $326,000 | 12/12/25 | 4 | 2.5 | 2,200 | |
0.46 | Single-Family Home | $180,000 | 07/15/25 | 2 | 1 | 780 | |
0.48 | Single-Family Home | $441,000 | 04/20/26 | 3 | 2 | 1,724 | |
0.57 | Single-Family Home | $175,000 | 11/10/25 | - | - | ||
0.68 | Single-Family Home | $175,000 | 01/05/26 | 4 | 2 | 1,636 | |
0.72 | Single-Family Home | $440,000 | 07/07/25 | 4 | 3 | 3,349 | |
1.08 | Single-Family Home | $495,000 | 10/24/25 | 4 | 2 | 3,200 | |
1.11 | Single-Family Home | $329,019 | 04/07/26 | 3 | 2 | 2,034 | |
1.19 | Single-Family Home | $175,000 | 08/22/25 | 3 | 1.5 | 1,547 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 5940 Forest Loop Rd.
What Locals Say about Rhinelander
At least 67 Trulia users voted on each feature.
94 % Say yards are well-kept
91 % Say it's dog friendly
89 % Say car is needed
88 % Say there's wildlife
86 % Say parking is easy
72 % Say people would walk alone at night
70 % Say there's holiday spirit
63 % Say kids play outside
62 % Say it's walkable to grocery stores
58 % Say neighbors are friendly
54 % Say it's walkable to restaurants
54 % Say it's quiet
49 % Say there are sidewalks
48 % Say streets are well-lit
45 % Say they plan to stay for at least 5 years
16 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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