
N16517 LAKESHORE DR, Butternut, WI 54514
Price County
Key Facts
Description
Butternut Lake Lodge is a rare Northwoods opportunity offering exceptional versatility, strong income potential, and true turnkey operation. Currently run as a successful resort property, this estate can serve as a private single-family home, multi-generational retreat, bed & breakfast, corporate getaway, or full-scale resort—delivering “The Northwoods experience elevated.” Set on 3.8 acres with approximately 300’ of frontage on Butternut Lake, the property features highly sought-after western exposure for breathtaking sunsets and is positioned near the deepest point of the lake. Butternut Lake is a 1,006-acre full recreation lake known for excellent fishing, boating, two lakeside restaurants, and popular sandbars. The main Lodge offers authentic log construction with modern comforts, including 3 bedrooms, 2 full baths, a chef’s kitchen with granite countertops, spacious dining area, and a dramatic living room with soaring log ceilings and a stone fireplace. High-speed fiber internet and full-property Wi-Fi enhance usability. A separate Suites building includes four themed suites—Hunter, Pioneer, Angler, and Logger—each with private baths, kitchenettes, fireplaces, and patio access. Additional amenities include the “Tackle Box” guest commons and a Provisions gift shop. Outdoor highlights include a boathouse with rooftop sunset deck, premium pier system, and excellent waterfront access. The level yard offers fire pits, volleyball court, and ample recreation space, along with kayaks and a canoe. With an established website, booking system, and a loyal repeat guest base built largely through word-of-mouth, there is significant upside through expanded marketing and advertising. A truly unique lakeside retreat and investment opportunity. Additional information regarding improvements and property detail available upon request.
Property Information
Property Type
Commercial Sale
Sub-Type
Hotel/Motel
Year Built
1940
Stories
1
Living Area
4,466 sq ft
Lot Size
165,528 sq ft
MLS® Listing#
216956
Property Features
Exterior
Cooling
Heating
Flooring
Parking
Lot Features
Construction
Roof
Financial Details
Annual Taxes
$14,128
Tax year 2025
Parcel Number
15222, 15521, 15520
Directions
Heading North on Hwy 13 take a left on Lakeshore Drive, property will be on left side.
Affordability Calculator
$250,000
Estimated monthly payment
$6,653/mo
Principal $1,000,000 · Est. interest $1,395,089 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Butternut, WI
- $375,000
- Median Listing Price
- 23
- Median Days on Market
- 984
- Median Sq Ft
- $393
- Median Price / Sq Ft
- 15
- Active Listings
- This home’s price is 233% above the area median.
- Its price per sq ft is 29% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Butternut, WI.
Location
Points of Interest in Butternut, WI
Showing the Butternut area map.
Nearby Schools
Chequamegon High School
Secondary · 3.4 mi away
Chequamegon School District
School · 3.4 mi away
Promethean Charter School
Secondary · 3.4 mi away
Butternut School District
Elementary · 3.4 mi away
Park Falls Elementary School
Elementary · 3.4 mi away
St Anthony of Padua School
Secondary · 3.9 mi away
Glidden Elementary
Elementary · 11.8 mi away
Chequamegon Middle
Elementary · 11.8 mi away
School District of Phillips
Elementary · 19.6 mi away
Phillips High School
Secondary · 19.6 mi away
Phillips Middle School
Secondary · 19.6 mi away
Phillips Elementary School
Elementary · 20.0 mi away
Mellen Technology Charter School
School · 25.5 mi away
Mercer Public School
School · 25.8 mi away
Winter School
Secondary · 26.0 mi away
Zaasijiwan Head Start
School · 30.8 mi away
Prentice School District
Secondary · 31.2 mi away
Prentice Elementary
Elementary · 31.2 mi away
Flambeau Correctional Center
Secondary · 33.0 mi away
North Lakeland School
Elementary · 36.6 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2974N HIAWATHA RD, Butternut, WI | $1,570,000 | 18 | — | 7,334 |
Moving Cost Estimate
EXIT Agents in Butternut
Listing Courtesy: UNITED COUNTRY REAL ESTATE / NORTHERN WI LIFESTYLE PROPERTIES - 7154924130












