Lincoln County Homes under $500,000

Welcome to Lincoln County, Wisconsin—a hidden gem nestled in the heart of the Northwoods. Known for its stunning natural beauty, Lincoln County offers a perfect blend of serene landscapes and vibrant community life. With picturesque lakes, lush forests, and winding rivers, this area is a paradise for outdoor enthusiasts. Whether you enjoy fishing, hiking, or simply soaking in the tranquility of nature, Lincoln County has something for everyone.

For families and individuals looking to settle down in this idyllic setting, Lincoln County boasts an impressive array of homes under $500,000. This affordability allows you to find your dream home without breaking the bank. From charming single-family houses to cozy cabins, the real estate market here offers diverse options to suit various tastes and lifestyles.

Imagine waking up to the sound of chirping birds and the gentle rustle of leaves, all while being just a stone’s throw away from local amenities. Lincoln County is not only about natural beauty; it also features excellent schools, friendly neighborhoods, and a strong sense of community. The local farmers' markets, annual festivals, and recreational activities foster a warm environment that welcomes newcomers with open arms.

Whether you’re seeking a weekend retreat or a permanent residence, Lincoln County’s homes under $500,000 provide the perfect opportunity to embrace a peaceful lifestyle without sacrificing modern conveniences. Explore the possibilities today and discover why Lincoln County is the ideal place to call home!

Newest Lincoln County Homes under $500,000

$195,000

3 Beds ⋅ 2 Baths ⋅ ACTIVE Status

3 bedroom 1 bath ranch home with an attached garage. This home sits on a large corner lot. Nice lay out with mostly an open concept and 3 bed and one bath on the main floor and a bonus room and 3/4 bath home in the basement. The Riverbend Trail is close by as well as stores, the MARC Center and the State Park. Set up your showing today.

100 Pine Street, Merrill

Listing courtesy of RIVERSBEND REALTY GROUP LLC.

$174,900

2 Beds ⋅ 2 Baths ⋅ ACTIVE Status

This welcoming Eastside ranch offers updated flooring, fresh paint, and a bright, easy-living layout. Enjoy main floor laundry, comfortable bedrooms, and a home that feels clean and refreshed from the moment you walk in. The location is ideal ? close to everything Merrill has to offer. Low maintenance exterior, nice yard, and 2 car garage. A great opportunity to settle into a well-kept home in a convenient neighborhood.

1410 E 6th Street, Merrill

Listing courtesy of CENTURY 21 BEST WAY.

$399,900

4 Beds ⋅ 3 Baths ⋅ ACTIVE Status

Welcome to 1527 Pine Notch Road in Tomahawk Wisconsin, located in the highly desirable King Estates subdivision! This spacious four-bedroom three-bathroom home offers the perfect blend of comfort, functionality, and Northwoods charm, all situated on a private, wooded 0.74-acre lot surrounded by mature trees. The main level features a spacious primary suite complete with a large private bathroom and relaxing jetted tub. Two additional bedrooms, both featuring brand-new carpet, provide plenty of room for family, guests, or a home office. A second full bathroom conveniently serves the additional bedrooms. The functional kitchen comes complete with all appliances included and offers plenty of space for everyday living and entertaining. Convenient main-level laundry, complete with an included washer and dryer, adds to the home's everyday functionality. Just off the living room, step outside onto the large deck and enjoy the peaceful, private setting. The finished lower level adds more versatile living space, featuring a fourth full bedroom, a third bathroom, and a large family room perf

1527 Pine Notch Road, Tomahawk

Listing courtesy of COLDWELL BANKER ACTION.

$197,000

4 Beds ⋅ 2 Baths ⋅ ACTIVE Status

IF THESE WALLS COULD TALK! Dating back to circa 1893, this charming Merrill home has more than a century of stories behind it and plenty of room for new memories to be made. With four bedrooms, two full bathrooms, generous living spaces, and an inviting street-side approach, this is a home with character you simply can't duplicate in new construction. First impressions count, and this home certainly makes a memorable one! Beautiful perennial beds grace the front of the property, creating a welcoming display of color and texture throughout the growing season. The striking red steel roof complements the exterior, while vinyl siding and updated windows help keep exterior maintenance manageable. Inside, the heart of this home is undoubtedly the HUGE country kitchen! Forget squeezing around a tiny island or bumping elbows while preparing dinner. Here you'll find an abundance of countertops and cupboards, plenty of room for multiple cooks, and space for a large dining table where everyone can gather. Whether it's Sunday dinner, holiday baking, or simply catching up over morning coffee, t,All measurements and zoning to be verified by buyer

210 East Street, Merrill

Listing courtesy of RE/MAX PROPERTY PROS.

$200,000

3 Beds ⋅ 2 Baths ⋅ ACTIVE Status

Charm, updates and room to spread out! Located near Ott?s Park on Merrill?s west side, this nicely updated 3-bedroom, 1.5-story home sits on a double city lot with alley access. A spacious entryway with closets welcomes you inside, where you?ll find a kitchen with stainless steel appliances and a pantry, plus a main-floor full bath with an updated tile shower. The large upstairs loft offers flexible space for hobbies, an office or a cozy sitting area. The full lower level adds a rec room, play area, second full bathroom, laundry and storage. Enjoy central air, forced-air natural gas heat and a tankless water heater, along with new windows in 2025 and a new sewage lift pump in 2026. Outside, the spacious backyard and covered patio provide room to relax, entertain, add play equipment or gather around a firepit. Metal siding, a blacktop driveway and an oversized, insulated detached 2-plus-car garage round out this inviting city property.

209 N Pine Street, Merrill

Listing courtesy of NORTHWOODS COMMUNITY REALTY LLC.

$341,700

2 Beds ⋅ ACTIVE Status

Welcome to The River LLC, Merrill?s newest condo development located along the scenic River Bend Trail. This stunning 2-bedroom, 2-bath upper-level residence offers 1,159 sq. ft. of modern living, complete with soaring vaulted ceilings, an open-concept design, and sun-filled living spaces. Enjoy your own exclusive deck, ideal for morning coffee or evening relaxation. The thoughtfully designed split floor plan features a spacious primary suite with a walk-in closet, creating the perfect blend of comfort and functionality. your private garage is insulated and drywalled. Demand is high and availability is limited. Don?t miss your opportunity to be part of this exciting new community. Planned Move in date 12/1/26. Schedule your tour today. Ask about renting if you aare not ready to buy.,Inquire about rental opportunities

401 Kyes Street Unit Unit 120, Merrill

Listing courtesy of CENTURY 21 BEST WAY.

$325,200

2 Beds ⋅ ACTIVE Status

Welcome to The River LLC, Merrill?s newest condo development located along the scenic River Bend Trail. This stunning 2-bedroom, 2-bath upper-level residence offers 1,129 sq. ft. of modern living, complete with soaring vaulted ceilings, an open-concept design, and sun-filled living spaces. Enjoy your own exclusive deck, ideal for morning coffee or evening relaxation. The thoughtfully designed split floor plan features a spacious primary suite with a walk-in closet, creating the perfect blend of comfort and functionality. your private garage is insulated and drywalled. Demand is high and availability is limited. Don?t miss your opportunity to be part of this exciting new community. Planned Move in date 12/1/26. Schedule your tour today. Ask about renting if you are not ready to buy.,Inquire about rental opportunities

401 Kyes Street Unit Unit 122, Merrill

Listing courtesy of CENTURY 21 BEST WAY.

$239,000

3 Beds ⋅ 1 Baths ⋅ ACTIVE Status

Set on 1.67 beautiful wooded acres just west of Tomahawk, this property offers a true Northwoods setting with the Spirit River just minutes away, and an abundance of nearby public lands nearby for endless hunting, fishing, and outdoor recreational opportunites. This home is move in ready and has been beautifully remodeled from top to bottom. The kitchen is highlighted with rich hickory cabinetry and elegant granite countertops. On the main level you'll find 3 bedrooms and 1 full bathroom, all finished with care and attention to detail.Efficient hydronic heat is powered by a newer boiler. There is also a full unfinished basement offering an abundance of storage and room to expand. The detached 24x24 garage provides space for vehicles, tools, and all of your outdoor gear. Whether you're looking for a full time residence or a Northwoods getaway, this property delivers quality, convenience, and an unbeatable location. Schedule your showing today.

N9463 County Road T, Tomahawk

Listing courtesy of CENTURY 21 BEST WAY.

$341,700

2 Beds ⋅ ACTIVE Status

Call "The River Community" home! Step into a home designed for the way you want to live. This modern condo offers a bright, open-concept layout that makes everyday life feel effortless ? from slow mornings with sunlight pouring in, to evenings spent relaxing in a space that flows naturally from room to room. Enjoy the convenience of a brand 2 bedroom, 2 bath condo with private garage, giving you secure easy living, with the freedom to come and go without worrying about outdoor maintenance. A BRAND NEW, modern home and way of life. Located along the beautiful River Bend trail, with views of the Wisconsin River. Rental possibilities also.

401 Kyes Street Unit Unit 119, Merrill

Listing courtesy of CENTURY 21 BEST WAY.

$341,700

2 Beds ⋅ ACTIVE Status

The River LLC....Step into elevated condo living where modern design meets effortless comfort. This open-concept layout showcases expansive living and dining spaces filled with natural light and clean architectural lines. A newly constructed condo, with 2 bedrooms 2 baths and private garage enhances the executive feel, offering secure, insulated storage and year-round convenience. It?s refined, streamlined living at its best. Ask about rental opportunities.

401 Kyes Street Unit Unit 114, Merrill

Listing courtesy of CENTURY 21 BEST WAY.

$341,700

2 Beds ⋅ ACTIVE Status

Experience the ease of modern living in Merrill?s newest condominium community, ideally located along the scenic River Bend Trail and the Wisconsin River. Forget about lawn care, snow removal, and exterior maintenance, and enjoy a lifestyle designed for convenience and comfort. These brand-new condos feature contemporary finishes, private garages, and thoughtfully designed floor plans. Best of all, you'll have the opportunity to be the first to live in your new home, enjoying the benefits of quality new construction from day one. Discover a low-maintenance lifestyle in a beautiful riverside setting, where modern living meets everyday convenience. Rental Opportunities also available

401 Kyes Street Unit Unit 109, Merrill

Listing courtesy of CENTURY 21 BEST WAY.

$417,000

3 Beds ⋅ ACTIVE Status

Merrill?s newest statement in elevated living ? a brand-new Executive Condominium offering 1,668 sq. ft. of refined, modern design with exceptional versatility and comfort. This expansive residence features 3 bedrooms plus a dedicated office/flex room, creating an ideal environment for professionals, remote work, or anyone seeking a sophisticated, spacious layout. Thoughtfully crafted interiors showcase clean architectural lines, generous room sizes, and an open-concept living area designed for both everyday comfort and upscale entertaining. Large windows frame impressive views of the Riverbend Trail and the Wisconsin River, bringing natural beauty and tranquility directly into your home. More condos available, also ask about rental opportunities. The primary suite serves as a private retreat, complete with elevated finishes and a walk-in closet. A private garage adds convenience, security, and year-round practicality ? a must-have for executive-level living. With a great location, expansive floor plan, and luxury-forward design, this new Executive Condo sets a new standard for mod

401 Kyes Street Unit Unit 107, Merrill

Listing courtesy of CENTURY 21 BEST WAY.

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