Waterfront Resort With
For Sale
Under Contract
$849,000
11633 LAKEVIEW DR, Butternut, WI 54514
CommercialSale, Butternut, WI
Property SizeContact for details
Lot Size2.70 Acres
Days on Market74
Property Features for 11633 LAKEVIEW DR
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Half bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking features
Paved or Surfaced
Exterior features
HandicapAccessible, SprinklerIrrigation, Landscaping, Storage
Accessibility
Accessible Approach with Ramp
Lot features
Lake Front, Level, Open Space, Views, Wooded
View
Water
Directions
From Park Falls, take Hwy 13 N toward Butternut. L onto CTH B (Lakeview Dr.). Continue on Lakeview Dr. to Bobber's On The Lake.
Standard status
Active Under Contract
APN
006-00228-0200
Lot size
2.70 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 1 CERTIFIED SURVEY 312 PT OF GOVT LOT 2 SEC 32 T41N R1W
Tax Annual Amount
3383
Legal Description
LOT 1 CERTIFIED SURVEY 312 PT OF GOVT LOT 2 SEC 32 T41N R1W
Utilities
Heating system
Forced Air, Baseboard, Propane (Heating)
Cooling system
Window Unit(s), Central Air
Water source
Well
Water front features
Lake Front
Water front
1
Amenities
waterfront
boat dock
ATV/snowmobile routes
storage shed
Building Details
Floors in Building
1
Flooring type
Carpet, Tile, Laminate
Building materials
Frame, LogSiding, VinylSiding, WoodSiding
Roof type
Metal, Shingle, Composition
Additional Structures
Storage, Outbuilding
Listing Agency:
REDMAN REALTY GROUP, LLC
(715) 358-0450
Listed By:
RENEE & CHAD RASMUSSEN TEAM · License #71524 - 94
(715) 614-3325
Added: Jun 25
Changed: Sep 3
Last Checked: Sep 6 at 4:06AM
MLS# 218101
Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This waterfront hospitality property combines a restaurant and tavern operation with four guest cabins on approximately 2.7 acres. The lodging mix includes a 3BR/1BA cabin, a 1BR plus loft/1BA cabin, and two studio cabins with lofts and bathrooms. Improvements include a lakeside patio, multiple piers, a storage shed, paved parking, and restaurant furnishings, fixtures, equipment, and cabin contents. Recent equipment updates include an ice machine, pizza prep table, beverage cooler, walk-in cooler compressor, and newer docks.
The property fronts full recreational Butternut Lake and accommodates arrival by boat or vehicle. Its setting on ATV and snowmobile routes supports access for recreational visitors, while the lake is used for boating, fishing, and other outdoor activities. The sale includes the real estate, business assets, restaurant inventory, and cabin contents.
The property fronts full recreational Butternut Lake and accommodates arrival by boat or vehicle. Its setting on ATV and snowmobile routes supports access for recreational visitors, while the lake is used for boating, fishing, and other outdoor activities. The sale includes the real estate, business assets, restaurant inventory, and cabin contents.
Key Highlights
- Approximately 2.7 acres on full recreational Butternut Lake
- 190'+/- of frontage on Butternut Lake
- Four cabins: 3BR/1BA, 1BR plus loft/1BA, and two studio cabins with lofts and bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 54514, WI
1,673
Population
1,556
Households
1.1
Avg Household Size
55
Median Age
21%
College-Educated
95%
High-School Grad
227.7 sq mi
ZIP Area
7
Density / Sq Mi
$73,875
Median Household Income
$40,978
Median Earnings
$633
Median Rent
$158,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Resort - Four cabins complement a lakeside dining and tavern operation with boat and vehicle access.
Where is this resort located?
The property is located at 11633 LAKEVIEW DR Butternut, WI.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Approximately 2.7 acres on full recreational Butternut Lake; 190'+/- of frontage on Butternut Lake; Four cabins: 3BR/1BA, 1BR plus loft/1BA, and two studio cabins with lofts and bathrooms
