Balsam Lake Homes under $400,000

Balsam Lake Homes under $400,000

Our website features the best real estate search for homes, condos, land and foreclosure properties available in Balsam Lake and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!

Newest Balsam Lake Homes under $400,000

1722 W White Ash Drive, Balsam Lake
$290,000
ACTIVE Status ⋅ 1 Beds ⋅ 1 Baths ⋅ 7140561 MLS ⋅ 840 SqFt.
Escape the noise and settle into a simpler way of living with this charming, quality-built home or cabin tucked away on 1.16 peaceful acres. Built in 2015 and exceptionally well cared for, this property was constructed with thoughtful attention to quality and detail throughout.  Inside, you’ll find easy one-level living featuring quality kitchen cabinetry, a cozy woodstove, and a welcoming sunroom which is the perfect spot to take in the quiet surroundings. Outside, the property offers 276 feet of frontage along White Ash Lake. The frontage is primarily wetland, creating a natural buffer that offers beautiful views, abundant wildlife, and an added sense of privacy. There’s plenty of outdoor space to enjoy, including room for a garden, campfires, or simply relaxing and taking in the peaceful setting.  Located in the heart of Polk County lake country, you’ll be surrounded by countless opportunities for fishing, boating, hiking, and year-round recreation. White Ash Lake itself offers public access and is home to panfish, largemouth bass, and northern pike, while numerous other lakes are just a short drive away. Polk County’s roads are open to UTVs for another way to get out and explore the area.  Whether you’re looking for a cozy weekend cabin, a low-maintenance year-round home, or your own private escape in northwest Wisconsin, this special little property proves you don’t need a lot of space to have everything you need.

1722 W White Ash Drive, Balsam Lake

Listing courtesy of Edina Realty, Inc..

147 Royal Oak Drive, Balsam Lake
$304,000
ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7108668 MLS ⋅ 1,500 SqFt.
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 provides excellent parking and storage, complemented by 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.

Start Your Search

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.