5940 Forest Loop Rd, Rhinelander, WI 54501
Property image
Property image
OFF MARKET

$501,700

Trulia Estimate
  • Studio

5940 Forest Loop Rd, Rhinelander, WI 54501

Est. Refi. Payment $3,274/mo*
Refinance Your Home
Currently Off Market - Sold Oct 30, 2015 for $224,000

Home Value

Trulia Estimate
$502K
Since last month
Decreased$10K (-2%)
Since last year
Decreased$3K (-0.6%)
Since last sale
Increased$278K (+124%)
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 +114% in the last 10 years
MonthEstimated value
2026
September 2026$502K
September 2026$502K
August 2026$512K
July 2026$518K
June 2026$515K
May 2026$506K
April 2026$493K
March 2026$481K
February 2026$476K
January 2026$461K
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
0.25
Single-Family Home
$363,000
08/13/26
4
3
2,126
0.35
Single-Family Home
$265,000
07/10/26
3
1
1,125
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
0.48
Single-Family Home
$441,000
04/20/26
3
2
1,724
0.52
Single-Family Home
$425,000
07/31/26
-
-
0.57
Single-Family Home
$175,000
11/10/25
-
-
0.37
Single-Family Home
$95,000
08/11/26
-
-
0.68
Single-Family Home
$175,000
01/05/26
4
2
1,636
0.96
Single-Family Home
$425,000
09/10/26
5
3
2,906

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
0.07
-
-
-
-
Off Market
0.18
$451,200
Studio
-
-
Off Market
0.19
-
-
-
-
Off Market
0.20
-
-
-
-
Off Market
0.22
-
Studio
-
-
Off Market
0.23
$322,000
Studio
-
-
Off Market
0.24
$378,800
Studio
-
-
Off Market
0.25
$236,600
2
2
1,146
Off Market
0.25
$363,000
4
3
2,126
Recently Sold
0.25
-
-
-
-
Off Market
0.25
-
Studio
-
-
Off Market
0.26
$369,900
Studio
-
-
Off Market
0.26
$283,200
Studio
-
-
Off Market
0.26
-
-
-
-
Off Market
0.26
-
-
-
-
Off Market
0.28
$219,000
Studio
-
-
Off Market
0.28
$301,200
3
1.5
1,445
Off Market
0.29
$195,000
3
1
1,200
Off Market
0.29
$211,600
Studio
-
-
Off Market
0.30
$270,600
Studio
-
-
Off Market

Local Information

  • Map ViewExplore the area around 5940 Forest Loop Rd.
  • Schools2 Preschool Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
24.34 acre lot

About this House

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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $501,700, with a rent estimate of $2,001/month.

Home Details for 5940 Forest Loop Rd

Property Information

Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 24.34 acres

Price and Tax history

DateEventPrice
Oct 30, 2015
Source: GNMLS #150783
Sold
$224,000

Market trends in Rhinelander

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$265K
$9.58K
MoM
Sale-to-List Price
โ€”
Price per sq ft
$181
$9
MoM
Available listings
74
6
MoM

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.
  • Mary King
    "I live on a quiet lake on the outskirts of a rural city that is a hub for the outlying areas."
  • Mary King
    "I think there are great parks and a small town environment."
  • Mary King
    "There are no community events in this neighborhood."
  • Dan Jon Voss
    "People are friendly and will care about you if needed for something. Great place to raise a family. Lots of recreation opportunities."
  • Davidbeth21476
    "Family friendly place. Activities available every season. Safe feeling always. Neighbors helping Neighbors. "
  • Mary
    "Recreation in the Northwoods and the beauty and serenity of the area is unsurpassable. Friendly people and low crime."
  • Madison S.
    "small town feel with lakes parks & bigger stores but also woods and farms as well. its a great place to raise a family, safe & a blast in the summer! winters are tough though and a definite adjustment when moving here! "
  • Nicole D.
    "safe neighborhood for kids and quiet despite it being so close to town. has the small town feel along with being close to stores and shops only a few blocks away. and very close to the school district."
  • Gftrickey
    "I live in Rhinelander, but out just enough to be in the country....deer, turkey and bear walking thru the yard, but 5 minutes from Walmart! The best of both worlds!!"
  • 54501
    "There is a paper mill in Rhinelander. The mill releases pollution and about once a month I have a serious respiratory event when the air plume drifts towards my residence. The city has very low crime. Pet waste is a problem. Pet owners are not very good at cleaning up after their dogs. The medical facilities are good. There is an organic Food market which just expanded and offers meats, produce etc. which is locally grown. The surface of many streets here are in need of repair and have been patched excessively. The city needs a new water well and other major infrastructure renovations. The city does not allow small businesses to operate from home on the internet even though the State of WI allows it with a sellers permit for $10. All business activity must be in a commercial zone. The city has super services for senior citizens. There is a senior bus, and special low rate for cabs.($3) a ride. There are several senior programs to help the geriatric population remain at home ; Meals on wheels, and recreation at the Senior Center. It is a terrible landscape for biking. There are many steep hills and the bike trails are not trails at all. Bike paths are on busy streets until they reach a park setting. "
  • Fdais2000
    "I have lived here for quite some time."
  • dellsnut
    "Small lake with no public access....very quiet I have lived here for 11 yrs couldn't be in a nicer area if you are wanting the real northwoods experience. Love the Eagles!"

LGBTQ Local Legal Protections

Frequently asked questions about 5940 Forest Loop Rd

  • What is 5940 Forest Loop Rd estimated to be worth?
    Trulia's estimated value for 5940 Forest Loop Rd in Rhinelander, WI is $501,700.
  • What is the price history for 5940 Forest Loop Rd?
    5940 Forest Loop Rd in Rhinelander, WI last sold for $224,000 in October 2015.
  • Is Rhinelander a buyer's or seller's market?
    Rhinelander is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Rhinelander?
    The median sale price in Rhinelander is $265K. That is down $9.58K from the prior month.
  • How big is the lot at 5940 Forest Loop Rd?
    The lot at 5940 Forest Loop Rd in Rhinelander, WI is about 24.3 acres.

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