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Butternut, WI Resorts for Sale

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Park Falls, WI Glidden, WI Fifield, WI Winter, WI Phillips, WI Sherman, WI Mercer, WI Mellen, WI
Lakefront Resort Property with Cabins
Updated: Jun 25
Lakefront Resort Property with Cabins

11633 LAKEVIEW DR, Butternut, WI 54514

$849,000
2.70 AC lot
Approximately 2.7 acres with 190'+/- of lake frontage on full recreational Butternut Lake
Bobber's On The Lake includes the real estate and the business, plus restaurant equipment and all cabin contents
Four on‑site cabins: 3BR/1BA, 1BR+loft/1BA, and two studio cabins with lofts and bathrooms
Restaurant/tavern and resort lodging with lake access and multiple piers for docking
Recent updates include new ice machine (2026), walk‑in cooler compressor, and newer docks
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

Lakefront Resort Property with Condos
Lakefront Resort Property with Condos

8971 THOROUGHFARE RD, Minocqua, WI 54548

$3,300,000
1.45 AC lot

Legacy lakefront resort property set up as four condos with a main home, furnished cabins, docks, and well access.

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Resort Property with Lake Frontage
Resort Property with Lake Frontage

12901 TIMBER LODGE LN, Manitowish Waters, WI 54545

$1,950,000
4.00 AC lot

Resort property on a sand waterfront lot with west-facing views on the Manitowish Waters Chain of Lakes.

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Lakefront Resort with Sand Frontage
Lakefront Resort with Sand Frontage

317 PARK AVE E, Minocqua, WI 54548

$4,500,000
1.04 AC lot

Lake Minocqua resort with 343' sand frontage, four waterfront cottages, and six kitchenette units plus two permanent piers.

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Lakeside Cabin Resort Property
Lakeside Cabin Resort Property

12894 HELMS LN, Manitowish Waters, WI 54545

Contact for pricing
6.00 AC lot

Well-maintained three-cabin resort with 200 feet of sand frontage on the Manitowish Chain.

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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.

Wooded Resort Homesite Land Parcel
Wooded Resort Homesite Land Parcel

207 Shadow Glen, Bellaire, MI 49615

Contact for pricing
0.75 AC lot

Build a private home on a wooded homesite with a perk test on file and key utilities available.

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Golf Course Lot in Gaylord
Golf Course Lot in Gaylord

Par B-C Northstar Road, Gaylord, MI 49735

$45,000
2.00 AC lot

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

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Waterfront Building Site in Canadian Lakes
Waterfront Building Site in Canadian Lakes

11585 Portstewart Drive, Canadian Lakes, MI 49346

$65,900
0.70 AC lot

Building site in Tullymore Resort with lake frontage and amenities.

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Buildable Lot in Gated Community
Buildable Lot in Gated Community

526 Fountains Drive, Lewiston, MI 49756

Contact for pricing

Buildable lot in Garland Lodge and Golf Resort, Lewiston, MI.

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Butternut, WI Resorts Market Trends and Statistics

Explore 1 resorts for sale in Butternut, WI on our real estate platform.

Sale prices for resorts in Butternut, WI average $849,000 — 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
Campgrounds 1

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 $1.2M

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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