Butternut, WI
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    Butternut, WI Resorts for Sale

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    Park Falls, WI Fifield, WI Glidden, WI
    Turnkey Resort on Turtle Flambeau
    $1,570,000
    1,500 SF
    Turnkey Resort on Turtle Flambeau

    2974N HIAWATHA RD, Butternut, WI 54514

    Established resort with cabins, bar, grill, and lake access.
    • Donner's Bay Resort on lakefront Turtle Flambeau Flowage, with 6 updated year‑round rental cabins plus an owners home
    • 1500 SF bar & grill with lake view, new kitchen equipment and new furniture, plus fireplace and a large game room
    • Up‑to‑code gas pump and a private boat launch, with 8 new aluminum roll‑in piers
    • Sand beach plus fish cleaning house and bait shop for guest convenience
    • On‑site recreation includes sand volleyball court, basketball, and playground, along with 3 campsites
    Updated: May 26
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    Waterfront Restaurant and Cabins
    $849,000
    2.70 Acres
    Waterfront Restaurant and Cabins

    11633 LAKEVIEW DR, Butternut, WI 54514

    Own a Northwoods waterfront operation with on-site dining, multiple cabins, and direct access to Butternut Lake.
    • Approx. 2.7 acres with 190'+/- of lake frontage on full recreational Butternut Lake
    • Bobber's On The Lake includes restaurant/tavern, resort lodging, and the real estate and business sale
    • Four on‑site cabins: one 3BR/1BA, one 1BR plus loft/1BA, and two studio cabins with lofts and bathrooms
    • Recent improvements include new ice machine (2026), pizza prep table, beverage cooler, and walk‑in cooler compressor
    • Updated lake access with newer docks and multiple piers, plus storage shed and room for future expansion (buyer to verify)
    Updated: Jun 25
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Butternut, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Lake Delta Resort with Bar
    $1,295,000
    5,040 SF
    Lake Delta Resort with Bar

    Resort with bar, restaurant, and 3-bedroom home on Lake Delta.

    12770 Scenic Drive, Iron River, WI 54847

    View details
    Minocqua Waterfront Resort Investment
    $4,500,000
    1.04 Acres
    Minocqua Waterfront Resort Investment

    Unique commercial investment opportunity on Lake Minocqua with redevelopment potential.

    317 PARK AVE E, Minocqua, WI 54548

    View details
    Lakefront Resort Property with Cabins
    $3,300,000
    1.45 Acres
    Lakefront Resort Property with Cabins

    Legacy lakefront estate on Tomahawk Lake with maintained main home, furnished cabins, and multiple docks for guest use.

    8971 THOROUGHFARE RD, Minocqua, WI 54548

    View details
    Lakefront Resort and Restaurant
    $1,295,000
    Lakefront Resort and Restaurant

    Lakefront resort with on-site bar and restaurant, attached owner home, and three rental cabins.

    12770 Scenic Dr, Iron River, WI 54847

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lakeside Resort Property with Cabins
    $4,499,000
    52.43 Acres
    Lakeside Resort Property with Cabins

    Resort on North Long Lake with seasonal sites, daily rentals, cabins, and two dock systems for guest stays.

    20621 Hidden Paradise Road, Brainerd, MN 56401

    View details
    Residential Homesite on Golf Course
    Contact for pricing
    0.75 Acres
    Residential Homesite on Golf Course

    Generous building envelope homesite in wooded Cedar River Village with utilities and golf-course fairway views.

    207 Shadow Glen, Bellaire, MI 49615

    View details
    Waterfront Development Land Parcel
    $2,200,000
    51.33 Acres
    Waterfront Development Land Parcel

    51+ acre waterfront parcel with extensive Lake Huron shoreline and road frontage, offering multiple access points.

    Saint Ignace, MI 49781

    View details
    Golf Course Lot in Gaylord
    $45,000
    2.00 Acres
    Golf Course Lot in Gaylord

    2-acre golf course lot with amenities near I-75.

    Par B-C Northstar Road, Gaylord, MI 49735

    View details

    Butternut, WI Resorts Market Trends and Statistics

    Explore 2 resorts for sale in Butternut, WI on our real estate platform. These investment opportunities span a total of 1,500 square feet of properties for sale, with an estimated market value of $1,570,000.

    Sale prices for resorts in Butternut, WI start at $1,570,000, averaging $1,570,000, and reaching up to $1,570,000 — 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

    Resorts 2

    Demographics Overview

    Population 1,810
    Population Growth (5Y) +2.4%
    Median Household Income $73,875
    College Educated 28.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    54514 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.55%
    Tax Rate vs County Average 0.88 pp below county avg
    Average Loan-to-Value 65.0%

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