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Property profile & analytics
OFF-MARKET
Commercial real estate

83375 Ashwabay Hts Rd Bayfield, WI 54814

32.68 ac lot Built 2017
Property ID
Property summary
AI-generated overview

This exceptional commercial property, currently operating as the Timber Baron Inn, presents a unique investment opportunity. Nestled on 32.68 acres at the base of Mt. Ashwabay in Bayfield, WI, this property boasts breathtaking views of Lake Superior, Pikes Bay, and the Pikes Creek Valley. The main level features four bedroom suites, each with a private full bath, ample storage, and its own mini-split heating and air conditioning unit. A spacious great room with a dining area and a statement fireplace offers stunning floor-to-ceiling windows showcasing panoramic views, even including an Apostle Island. A private kitchen with an eat-in area and a two-car attached garage complete the main level. Upstairs, a separate two-bedroom, two-bath owner's suite provides additional living space with its own kitchen and living room, also enjoying spectacular views. In-floor heating is installed throughout the main level. The property includes 2.15 acres of developed land with the Inn, and an additional nine or more lots available for sale or development. Current zoning allows for a variety of uses, including short-term rentals (yurts, tiny homes, camping sites), a wedding venue, and more. The property's prime location offers guests easy access to CAMBA mountain biking trails, cross-country skiing and snowshoeing, and the nearby Big Top Chautauqua Concert Venue. 24-hour notice is required for showings.

Property profile
Verified
Property type Commercial real estate
Year built 2017
Lot 32.68 ac (1,423,541 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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