• 7 Bedrooms
  • 7 Bathrooms
  • 3.80 ac
  • 4,466.00 ft2

Lake Home for Sale on Butternut Lake

$1,250,000
N16517 Lakeshore Dr, Butternut, Wisconsin (Price County)

Property Description

Butternut Lake Lodge for Sale in Butternut, Wisconsin – Northwoods Resort & Investment Property

Butternut Lake Lodge is a rare Northwoods real estate opportunity in Butternut, Wisconsin, offering exceptional versatility as a private single-family home, multi-generational retreat, bed & breakfast, corporate retreat, or full-scale resort. Set on 3.8 ± acres with roughly 300 feet of west-facing frontage on Butternut Lake, a 1,006 ± acre full recreation lake known for excellent fishing, boating, sandbars, and lakeside dining, the property sits near the lake’s deepest point for prime sunset views. The authentic log-construction main lodge features 3 bedrooms, 2 full baths, a chef’s kitchen with granite countertops, and a dramatic living room with soaring log ceilings and a stone fireplace, complemented by high-speed fiber internet and full-property Wi-Fi.

Turnkey Wisconsin Resort Property Near Park Falls with Established Income Potential

Beyond the main lodge, a separate Suites building offers four themed guest suites, each with private baths, kitchenettes, fireplaces, and patio access, along with a guest commons area and gift shop. Outdoor amenities include a boathouse with a rooftop sunset deck, a premium pier system, fire pits, a volleyball court, kayaks, and a canoe. With an established website, booking system, and loyal repeat guest base built largely through word-of-mouth, this turnkey Northwoods property near Park Falls offers significant upside for a buyer ready to expand marketing and grow an already successful lakeside resort investment.

About Park Falls Wisconsin

Park Falls and the surrounding Northwoods region offer a landscape shaped by forests, lakes, rivers, and year-round outdoor recreation. The area is known for its strong connection to hunting, fishing, trail recreation, and tourism, with access to thousands of acres of public land and a large network of lakes and waterways. The nearby Flambeau River and surrounding forestlands are widely used for boating, paddling, fishing, hiking, snowmobiling, ATV riding, and wildlife recreation throughout all four seasons.

Butternut Lake is considered one of the notable lakes in the region, recognized for its size, depth, scenic shoreline, and recreational use. The lake supports a variety of fish species including musky, walleye, bass, and panfish, and is used extensively for boating and other water activities during the summer months. Western exposure on the lake provides sunset views that are characteristic of many highly regarded Northwoods waterfront properties.

The broader area surrounding Park Falls and Butternut Lake has historically attracted a mix of seasonal visitors, outdoor enthusiasts, second-home owners, and tourism-related businesses. The local economy is influenced heavily by recreation and hospitality, with consistent activity tied to fishing seasons, hunting seasons, snowmobile tourism, and summer lake use.

From a real estate perspective, waterfront properties in northern Wisconsin are often viewed as long-term recreational assets due to the limited supply of large acreage parcels, substantial lake frontage, and proximity to public land. Properties with established infrastructure and access to year-round recreation tend to appeal to a broad range of buyers, including private owners, family retreats, and hospitality or vacation rental operators.

PROPERTY HIGHLIGHTS:

Home for Sale in Butternut, WI Waterfront home for Sale in WI Lake Home for Sale Butternut Lakefront Property Commercial Property
Butternut, WI home for Sale Butternut, WI House for Sale Lake Home in Price County Log Homes & Cabins
Waterfront Home in Butternut Lake Home for Sale in WI Country Homes Resort Property

Address: N16517 Lakeshore Dr
City:
Area:
State/County:
Zip: 54514-8815
Country: United States

Property Id: 987239
Price: $1,250,000
Property Size: 4,466.00 ft2
Property Lot Size: 3.80 ac
Bedrooms: 7
Bathrooms: 7
County: Price County
Lot Size (AC): 3.80000
Year Built: 1940
Listing ID: 48093-165170
Office ID: 5324
Listing Address: N16517 Lakeshore Dr, Butternut, Wisconsin 54514-8815

Other Features
Airport
Appliance
Basement
Central Air
Community Activities
Cul de Sac
Deck
Energy Efficient
Fence
Finished Basement
Fireplace
Fireplace Location
Gated
Guest House
Gym/Fitness Center
Handicapped Accessible
Hospital
Hot tub
Large Kitchen
Maintenance Provided
Mineral Rights
New Appliances
Outbuildings
Park
Parking
Patio
Pool
Restaurants/Shopping
Room
School
Security System
Security System/Alarm
Sewer
Sprinkler System
Storage
Storm Shelter/Cellar
Tennis Court
View
Water Access
Water Rights
Wine Cellar

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

Matt Schultz

Pine Curve Forestry & Wildlife Consulting, LLC - Northern Wisconsin Lifestyle Properties
Call Office(715) 518-9041
Call Mobile(715) 492-4130

Contact Me

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Matt Schultz