Listed at
$795,000
$634/sqft

Prospect Point

1741 120th Street, Balsam Lake, WI, 54810
2  Bedrooms1  Bathroom1,253  Square Feet0.44  Acres
Days on market4
Year built1940
Garage spaces3
TypeResidential
Est. $20,850buyer credit when you buy with SODL
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About this home

Balsam Lake, Wisconsin year-round cabin on Dixie Bay, less than 2 hours from the Twin Cities! Tucked down old Leeland Court just before the Big Narrows, where boats slow down, this updated lake cabin puts great fishing right out front on one of Western Wisconsin's most sought-after lakes. Inside, it's every bit as adorable as the photos, and the layout makes it more functional than you'd expect. Extensive updates (see list) include shiplap walls, knotty pine ceilings, fresh paint throughout, and newly painted siding. On the main level, a bright, window-lined dining room flows into the living room with its brick fireplace, and on to a kitchen with a beverage fridge and a cozy eat-in table. The walkout lower level has a family room with a wall of lake-view windows that opens right onto the stone patio. Outside, the .44-acre lot is made for entertaining, lawn games, and chill evenings around the fire. Updates include new landscaping, stone stairs, an extended flagstone patio, and privacy fencing, and there's a detached garage for the boat and toys. Two docks and some furniture and décor are included. It's a low-maintenance lake home as it is, and the lot leaves room to expand the cabin down the road (buyer to verify with Polk County zoning). Balsam Lake offers over 1,900 acres for boating, fishing, and swimming, plus two restaurants and a full-service marina. Move in now, enjoy fall color and cozy winter nights by the fire, and make plans for your next season on the lake. Start living your best life on Balsam Lake today!

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1940
LevelsOne
Living area1,253 sqft
Above-grade finished648 sqft
Below-grade finished605 sqft
Lot size0.44 acres (100x178x135x119)
Days on market4
ListedSep 24, 2026
MLS #NST7149534
CountyPolk
SubdivisionProspect Point
Parcel #006011170000

Facts & features

Interior

Bedrooms
2
Bathrooms
1
Bath breakdown
1 3/4
Heating
Baseboard, Fireplace(s), Wood Stove
Cooling
Window Unit(s)
Appliances
Electric Water Heater, Range, Refrigerator, Wine Cooler

Property

Levels / stories
One
Garage
3 spaces · 31x24 · 744 sqft
Parking features
Detached Garage
Patio & porch
Patio
Exterior features
Stone, Engineered Wood
Pool
None

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 648 sqft
Roof
Age Over 8 Years, Metal
Year built
1940

Utilities

Water
Well
Sewer
Holding Tank, Private Sewer
Fuel
Electric

Community & HOA

Subdivision
Prospect Point
HOA
No HOA
School district
238 - Unity
High school district
Unity

Financial & listing details

Annual tax
$6,355.71 (2025)
Listed
Sep 24, 2026
Days on market
4
Manufactured home
Yes

Interior details

Total bathrooms1
Full baths0
3/4 baths1
Half baths0
1/4 baths0
BasementFinished, Full, Walkout
HeatingBaseboard, Fireplace(s), Wood Stove
CoolingWindow Unit(s)
Fireplaces1
AppliancesElectric Water Heater, Range, Refrigerator, Wine Cooler
DiningBreakfast Area, Informal Dining Room
AmenitiesCeiling Fan(s), Dock, Kitchen Window, Patio
AccessibilityNone
Special featuresMain Floor Bedroom

Exterior & lot

ExteriorStone, Engineered Wood
RoofAge Over 8 Years, Metal
FoundationBlock
Foundation area648 sqft
Patio/porchPatio
Lot featuresTree Coverage - Medium
Road frontagePaved Streets, Township
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceWell
SewerHolding Tank, Private Sewer
FuelElectric

Parking & garage

ParkingDetached Garage
Garage spaces3
Garage size744 sqft

Financial details

Annual taxes$6,355.71
Tax year2025
Taxes w/ assessments6355.71
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District238 - Unity
District numberW238
District phone7158253515
High schoolUnity
SODL flat fee brokerage
$20,850Estimated buyer credit
SODL platform fee $3,000Your buyer credit $20,850

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$4,973/mo
Principal & interest$4,178
Property taxes$530
Home insurance (est.)$265
%
$159,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

1741 120th Street, Balsam Lake, WI, 54810

Listing information

MLS #NST7149534
StatusActive
Last updatedSep 25, 2026, 10:10 AM
Originally listedSep 24, 2026, 6:34 AM
Listing officeReal Broker, LLC

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. 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.