What is better than living on a lake in the Northwoods? Living on 2 lakes! Assessed at $198,500 in 2017, this unique 1 acre, end of the road, private property has over 300 water frontage on Margaret Lake and over 200 water frontage on Payment Lake. This property also has 2 private boat landings that is shared with the adjacent property owners. Payment Lake is 65 acres with 18 foot depth and has Musky, Panfish, Largemouth and Smallmouth Bass, Northern Pike and Walleye.