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11121 Alterra Way

Woodruff, WI 54568
  • $1,299,900
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 219858
UPDATED: 65 min ago
$1,299,900
  • 6
    BEDS
  • 13.27
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,655
    SQFT
  • $356
    $/SQFT
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Rare opportunity with 13.26 upland acres zoned All Purpose-Commercial in Arbor Vitae with approximately 1,000' of frontage on US Hwy 51! Conveniently located between Minocqua/Woodruff and Manitowish Waters/Boulder Junction, this versatile property offers exceptional highway exposure, easy access and a mix of mature woods and open fields. Three existing residences provide immediate income potential, including a newer year-round 3BR/2BA and a 2BR/1BA home currently operating as successful short-term rentals with strong reviews. An additional 1BR/1BA home is rented month-to-month and features a full unfinished basement. Flexible zoning opens the door to numerous residential and commercial possibilities, including multi-family development, storage, build-to-suit opportunities or continued rental use. Current owner has preliminary survey for 8 residential lots. Direct snowmobile trail access adds another Up North advantage. A unique investment and development opportunity in a highly visible Northwoods location!

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© 2026 Northwoods Association of REALTORS® & Greater Northwoods MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dream North Real Estate, eXp Realty, LLC. Data last updated: 2026-10-11T13:07:23.637.
www.dreamnorthre.com/homes/181697528
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11121 Alterra Way Woodruff, WI 54568

  • Price: $1,299,900
  • Status: Active
  • On Site: 9 Days
  • Updated: 65 min ago
  • MLS #: 219858
6
Beds
4
Baths
0
½ Baths
13.27
Acres
3,655
SQFT
$356
$/SQFT
County:
Vilas
Area:
Woodruff
Property Description
Rare opportunity with 13.26 upland acres zoned All Purpose-Commercial in Arbor Vitae with approximately 1,000' of frontage on US Hwy 51! Conveniently located between Minocqua/Woodruff and Manitowish Waters/Boulder Junction, this versatile property offers exceptional highway exposure, easy access and a mix of mature woods and open fields. Three existing residences provide immediate income potential, including a newer year-round 3BR/2BA and a 2BR/1BA home currently operating as successful short-term rentals with strong reviews. An additional 1BR/1BA home is rented month-to-month and features a full unfinished basement. Flexible zoning opens the door to numerous residential and commercial possibilities, including multi-family development, storage, build-to-suit opportunities or continued rental use. Current owner has preliminary survey for 8 residential lots. Direct snowmobile trail access adds another Up North advantage. A unique investment and development opportunity in a highly visible Northwoods location!
Exterior Features

Construction Materials Frame Wood Siding Roof Composition Metal Shingle

Interior Features

Cooling Central Air Cooling YN Yes Electric Circuit Breakers Flooring Carpet Concrete Laminate Vinyl Heating Forced Air Natural Gas Other Heating YN Yes

Property Features

Lot Features Level Private Rural Lot Secluded Wooded Other Structures Outbuilding Ownership Type Fee Simple Property Sub Type Office Property Sub Type Additional Office Retail Multi Family Unimproved Land Investment Public Survey Range E6 Public Survey Section 23 Public Survey Township 40 Road Frontage Type Highway Sewer Conventional Sewer Tax Annual Amount 4781 Tax Year 2025 Township VI Arbor Vitae ( Town) Water Source Drilled Well Waterfront YN No

Listing information © 2026 Northwoods Association of REALTORS® & Greater Northwoods MLS.
Listing provided courtesy of Jodi Drost of REDMAN REALTY GROUP, LLC: (715)358-0450.



© 2026 Northwoods Association of REALTORS® & Greater Northwoods MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dream North Real Estate, eXp Realty, LLC. Data last updated: 2026-10-11T13:07:23.637.
 
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Dream North Real Estate, eXp Realty, LLC
7750 US Hwy 51, Suite C
Minocqua WI, 54548