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8562 Sand Lake Rd Harshaw, WI 54529

OFF-MARKET Residential income homes Google Maps
5,500 SF 6.75 ac lot Built 1938
Estimated value
No estimation on file for this property yet.
Property ID US92-3118492

Property summary

AI-generated overview

This exceptional Northwoods property, situated on 6.75 acres with 732 feet of Muskie Lake frontage, presents a unique investment opportunity. The property comprises five buildings totaling over 5,500 square feet of finished living space, including a year-round cabin and three seasonal cabins. The main building features an additional finished unit and a former bar area. In total, there are 10 bedrooms and 5 full bathrooms. While technically a six-unit condo, the units were never sold, allowing for continued operation as a wholly-owned resort or family compound, with the option to sell individual condo units in the future. The property boasts ample parking with 20 spaces and is zoned for recreational use. Built in 1938, this property offers significant potential for various uses, capitalizing on its prime location and substantial size. The property overlooks state-owned land across the lake, providing additional privacy and scenic views. Further details are available at www.muskielakehideaway.com. Asking price is $899,000.

Property profile

Verified
Property type Residential income homes
Year built 1938
Total area 5,500 SF
Lot 6.75 ac (294,030 SF)
UPID US92-3118492

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel Resort

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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