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Old 09-05-2010, 07:04 PM
 
10 posts, read 21,376 times
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Hello. I am seeking advice from people familar with the Eagle River/Land O Lakes/Rhinelander/ etc area`s. We have three small children and currently reside in the Chicago area (Skokie). We have traveled to a summer home a friend of our`s has on Duck Lake in Land in Lakes for the past five summers, and this year for our first Thanksgiving?


We are looking for a nice vacation home on a lake for under 200K...is this a possibilty?
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Old 09-05-2010, 09:57 PM
 
Location: Madison, WI
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You might want to post this on the general Wisconsin forum rather than the Madison forum. Also, people in the Chicago area might be able to help.
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Old 09-06-2010, 01:08 PM
 
Location: Chicago
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A vacation home for under 200K is possible. But if you want a lakefront home with frontage -- especially a lake on the chain like Duck Lake is -- expect to pay about that much for a 3-season cabin or a very small ranch that will need serious updating. If you're willing to settle for something off-lake with deeded lake access, you'll have more options.

Last edited by Drover; 09-06-2010 at 01:19 PM..
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Old 09-06-2010, 01:21 PM
 
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Quote:
Originally Posted by mythreelads View Post
Hello. I am seeking advice from people familar with the Eagle River/Land O Lakes/Rhinelander/ etc area`s. We have three small children and currently reside in the Chicago area (Skokie). We have traveled to a summer home a friend of our`s has on Duck Lake in Land in Lakes for the past five summers, and this year for our first Thanksgiving?


We are looking for a nice vacation home on a lake for under 200K...is this a possibilty?
I live in that general area (understanding that description covers a lot of land).

My only input is that with more frequent drought- due probably to climate change- many people who bought 'lake frontage' on smaller bodies of water now find that they instead have 'meadow frontage'.
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Old 09-06-2010, 01:40 PM
 
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Look up into the Watersmeet, Michigan area, too. For some reason, crossing that invisible line tends to cut the prices down a little.
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Old 09-06-2010, 01:44 PM
 
Location: Chicago
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Oh yeah, another option that's gaining popularity is lakefront condos. Most condo complexes have deeded dock space on the waterfront. If you don't require a detached house you should find some decent waterfront condos in your price range.

Quote:
Originally Posted by crazyme4878 View Post
Look up into the Watersmeet, Michigan area, too. For some reason, crossing that invisible line tends to cut the prices down a little.
The western UP is cheaper because it's kind of in a recreational no-man's land; too far away from the major cities to be convenient for weekending.
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Old 09-06-2010, 08:02 PM
 
Location: La Jolla, CA
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I agree with Drover and direct the response to the OP:

The UP of Michigan is simply too far to be practical for a weekend home for most people from Chicagoland. That changes dramatically if you have the ability to telecommute or simply have the ability to spend a longer amount of time than other people do.

If time is on your side, the UP has much less expensive vacation property, at the price of a longer drive. The reward--if you enjoy such things--is that the UP is comparatively untouched, and can be an excellent value. The potential down sides are that there exists minimal Chicagoland type civilization, and the cold weather lasts for a much longer time.
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Old 09-07-2010, 12:51 AM
 
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Yes, but she is looking in the Eagle River/Land O Lake area--Watersmeet is only 30 minutes from Eagle River, 15 from Land O Lake. I figured Watersmeet is still within the applicable driving distance.
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Old 09-07-2010, 08:24 AM
 
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'Hello. I am seeking advice from people familar with the Eagle River/Land O Lakes/Rhinelander/ etc area`s."

I believe the OP is describing most of North-Central Wisconsin.
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