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    2 Elder Dr Algoma, WI 54201

    For Sale
    $155,000

    Waterfront-Land, River Front - Algoma, WI

    Lot size:
    5.06 Acres
    Days on Market:
    259
    Last Refresh:
    Dec 11 at 7:06 pm

    Property Features for 2 Elder Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Shoreland Zoning
    Lot size
    5.06 Acres

    Utilities

    Water front features
    River Front
    Water front
    1

    Building Details

    Architectural style
    Other

    ERA Starr Realty (800) 661-8555 [email protected]

    Listing agent Heidi Neubauer (800) 661-8555

    Listing date Mar 28, 2025

    MLS# 143702 Listing URL

    Copyright © 2025 Door County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Land on Ahnapee River

    This 5.06-acre property in Algoma, WI, offers an amazing getaway with approximately 804 feet of shoreline along the Ahnapee River. The area is known for fishing and kayaking. Across the river is the Ahnapee State Trail, suitable for biking, hiking, horseback riding, and snowmobiling. The zoning is Shoreland and Upland Conservancy, making it perfect for setting up a tent and enjoying the outdoors.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Algoma
    County
    Kewaunee
    State
    Wisconsin
    Longitude
    -87.5149
    Latitude
    44.6016

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    FAQs

    What type of property is this?
    Land - 5.06 acres with 804 feet of river frontage.
    Where is this land located?
    The property is located at 2 Elder Dr Algoma, WI.
    What is the asking price?
    The asking price for this property is $155,000.
    What are key features of this property?
    This property features: - 5.06 acres of land with **804 feet of Ahnapee River shoreline**; - Riverfront property ideal for **fishing and kayaking**; - Adjacent to the Ahnapee State Trail for biking, hiking, horseback riding, and snowmobiling
    (800) 661-8555
    Request Owner's contact information
    2 Elder Dr Algoma, WI 54201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Elder Dr Algoma, WI 54201
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