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    Tomahawk, WI Waterfront Land for Sale

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    Merrill, WI Irma, WI Gleason, WI
    8 listings
    Waterfront Farm & Retreat
    $500,000
    30.48 Acres
    Waterfront Farm & Retreat

    W6098 STELLING RD E, Tomahawk, WI 54487

    A Northwoods waterfront property with fenced gardens, lavender fields, and a remodeled two-bedroom farmhouse.
    • 33‑acre Northwoods property with over 400 ft of river frontage on the Spirit River (flows into the Wisconsin River).
    • Remodeled 2‑bedroom, 1‑bath farmhouse (year built 1940) with an updated kitchen and pantry.
    • Large fenced garden areas plus irrigation equipment, including expansive lavender plants and fruit trees.
    • Outdoor trail system with walking trails and wildflower areas across open fields and wooded acreage.
    • Well water source, radiant electric heating, and composition shingle roof.
    Updated: Jun 1
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    Waterfront Land with Private Island
    $649,000
    7.36 Acres
    Waterfront Land with Private Island

    ON SCHOETTLER RD, Tomahawk, WI 54487

    Mainland lot with sandy frontage and utilities, plus a wooded private island for cabin, retreat, or private campground use.
    • 0.3‑acre mainland lot with 85 ft of sandy frontage on the Rice River Flowage (part of the Lake Nokomis Chain).
    • Approximately 2,185 ft of total frontage on the Rice River Flowage included in the offering.
    • Own private Northwoods island totaling 7 acres, with mature trees and sandy shoreline.
    • Lake and river frontage with included pier for shoreline access.
    • Site improvements include a cleared area and gravel driveway; power to the lot and shed included.
    Updated: Jun 15
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    7-Acre Island on Lake Nokomis
    $389,900
    7.07 Acres
    7-Acre Island on Lake Nokomis

    Private island on Lake Nokomis Chain near Tomahawk, Wisconsin.

    7 acres NOKOMIS DR, Tomahawk, WI 54487

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    Lake Alice Building Lot
    $225,000
    0.43 Acres
    Lake Alice Building Lot

    0.43-acre wooded lot with 78+/- ft frontage on Lake Alice.

    ON SHADY SHORE RD E, Tomahawk, WI 54487

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    Vacant Land - Tomahawk, WI
    $102,900
    10.00 Acres
    Vacant Land - Tomahawk, WI

    Waterfront Land · 10.00 Acres

    2 County Rd T, Tomahawk, WI 54487

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    Tomahawk Riverfront Land Opportunity
    $180,000
    0.82 Acres
    Tomahawk Riverfront Land Opportunity

    Rare opportunity to build on the Tomahawk River bank.

    11664 N LAKE NOKOMIS ROAD, Tomahawk, WI 54487

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    Private Island on Lake Mohawksin
    Contact for pricing
    Private Island on Lake Mohawksin

    Private wooded island with shoreline, perfect for recreation.

    Lot 2 W Leather Ave, Tomahawk, WI 54487

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    Tomahawk Riverfront Land Opportunity
    $180,000
    Tomahawk Riverfront Land Opportunity

    Rare chance to build on the Tomahawk River.

    11664 North Lake Nokomis Road, Tomahawk, WI 54487

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 Active listings in Tomahawk, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Waterfront Land Parcel
    $125,000
    1.10 Acres
    Waterfront Land Parcel

    Forested, waterfront lot accessed via private road, offering building sites with direct Lake Buteau frontage.

    STAR TR lot: 1, Gleason, WI 54435

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    Somo River Waterfront Recreational Land
    $102,900
    10.01 Acres
    Somo River Waterfront Recreational Land

    Wooded acreage with 214 feet of Somo River shoreline, suited for hunting, fishing, camping, and cabin building.

    4 County Road T, Tripoli, WI 54564

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    Waterfront Land with River Frontage
    $102,900
    10.01 Acres
    Waterfront Land with River Frontage

    Surveyed 10-acre parcel with 214 feet of Somo River frontage and mature woodland, suited for recreation or a home site.

    4 County Road T, Tripoli, WI 54564

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    Lakefront Land Parcel
    $150,000
    1.50 Acres
    Lakefront Land Parcel

    Build-ready waterfront acreage with forested surroundings and substantial lake frontage on Lake Buteau.

    STAR TR lot: 2, Gleason, WI 54435

    View details

    Tomahawk, WI Waterfront Land Market Trends and Statistics

    Explore 8 waterfront land for sale in Tomahawk, WI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,243,300.

    Sale prices for water rights properties in Tomahawk, WI start at $16,500, averaging $280,412, and reaching up to $649,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Recreation land 10
    Waterfront Land 7
    Agricultural land / Farmland 5
    Residential land & home lots 5
    Commercial land 3

    Demographics Overview

    Population 9,740
    Population Growth (5Y) +1.6%
    Median Household Income $76,712
    College Educated 15.1%

    High-Yield Neighborhoods for Investment

    Identify Tomahawk submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    54487 $200.3K

    Taxes & Financing

    Tax Rate (average for all types) 1.71%
    Tax Rate vs County Average 0.74 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lincoln County

    New Delisted

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