Balsam Lake Homes under $300,000

Welcome to Balsam Lake, Wisconsin—a hidden gem nestled in the heart of Polk County! This charming village, with its picturesque landscapes and friendly community, offers a perfect blend of small-town charm and outdoor adventure. Known for its beautiful lakes, Balsam Lake is a haven for nature enthusiasts, providing ample opportunities for fishing, boating, and hiking. The serene environment is complemented by a vibrant local culture, featuring quaint shops, delightful eateries, and seasonal festivals that bring residents together.

For those considering a move to Balsam Lake, you'll be delighted to know that the real estate market offers a variety of homes under $300,000. Whether you’re a first-time homebuyer, a growing family, or looking for a cozy retreat, this budget-friendly market has something for everyone. You can find charming single-family homes with spacious yards, perfect for children and pets, as well as modern townhouses that boast low-maintenance living.

Living in Balsam Lake means enjoying a slower pace of life while still having access to essential amenities. The community is known for its excellent schools and friendly neighbors, making it an ideal place to raise a family or retire peacefully. Plus, with its close proximity to larger cities, residents can enjoy the tranquility of rural living without sacrificing convenience.

Discover the beauty and affordability of Balsam Lake today, and let us help you find your dream home in this enchanting Wisconsin community!

Newest Balsam Lake Homes under $300,000

$245,000

3 Beds ⋅ 1 Baths ⋅ ACTIVE Status

Welcome home to this beautifully updated 3-bedroom, 1-bath, 1.5-story home situated on a spacious 0.32-acre corner lot in the heart of Balsam Lake! Offering the perfect blend of charm, comfort, and modern updates, this home features LVP flooring, stainless steel appliances, new doors, and a beautifully remodeled upper level complete with warm tongue-and-groove finishes. Major improvements include a new roof in 2025, furnace and central air in 2021, and all but four windows replaced in 2023. The full basement provides additional storage and possibilities, while the detached two-car garage offers plenty of room for vehicles and outdoor gear. Enjoy the convenience of being just walking distance from the beach, park, downtown restaurants, shopping, and local amenities. With its numerous updates, generous corner lot, and desirable location, this Balsam Lake home is ready for its next chapter!

213 Pearl Street, Balsam Lake

Listing courtesy of 715 Real Estate.

$120,000

1 Beds ⋅ 1 Baths ⋅ ACTIVE Status

Escape, unwind, and relax- Rural Wisconsin sits different. Make this quality house built to code with insulation under the concrete your own. Finish as you like, this shell house has electricity already brought in giving you a head start on your home or get away property. Beautiful country home ready to be finished. Stick built with 6 inch walls , upgraded windows, electric on site. Vaulted ceilings and bathroom designed for a corner tub.

1280 150th Avenue, Balsam Lake

Listing courtesy of Edina Realty, Inc..

$299,900

2 Beds ⋅ 2 Baths ⋅ ACTIVE Status

Beautifully maintained one-level living with modern updates throughout. This 2007 slab-on-grade twin home offers 1,500 sq ft of thoughtfully designed space on a .235-acre lot, featuring in-floor heat, a new roof in 2025, and an easy, low-maintenance layout perfect for comfort and convenience. The inviting open-concept living area showcases updated finishes and abundant natural light, creating a seamless flow between the kitchen, dining, and living spaces?ideal for everyday living or entertaining. A beautiful stacked-stone gas fireplace anchors the family room, adding warmth, character, and a stunning focal point. This home includes 2 spacious bedrooms and 2 full bathrooms, with a standout primary suite. The master bathroom features a tile floor, double-sink vanity, and a very large walk-in closet offering exceptional storage and organization. The 2-stall garage offers excellent parking and storage, plus in-floor heat for year-round comfort. Located a very convenient distance from Balsam Lake, this property offers quick access to local restaurants, shops, and the charming downtown area. Whether you?re seeking a comfortable full-time residence or a cabin retreat to enjoy everything lake life has to offer?boating, dining, relaxing?this home delivers the perfect blend of comfort and convenience. A truly move-in-ready home with modern updates, single-level convenience, and exceptional care throughout.

147 Royal Oak Drive, Balsam Lake

Listing courtesy of Property Executives Realty.

$263,500

2 Beds ⋅ 1 Baths ⋅ ACTIVE Status

The big stuff is already done in this 2 bed, 1 bath home, so you can move right in and skip the project list. It has a new furnace, new central air, added insulation, updated wiring throughout, and a new roof on the garage, and inside you'll find new flooring, new appliances, custom blinds, an updated bathroom, and fresh paint from top to bottom. The 4-stall garage gives you room for vehicles, the boat, the toys, and a workshop, which is more garage than you'll find at most homes in town. It all sits on a quiet street within walking distance of everything downtown Balsam Lake has to offer, including restaurants, the brewery and market, the public beach, and the lake itself. Whether you're looking for a year-round home or an easy, low-maintenance place up north, this one's ready for you.

112 Basil Street, Balsam Lake

Listing courtesy of eXp Realty LLC.