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N16517 Lakeshore Dr

Butternut, WI 54514
  • $1,250,000
  • STATUS: Active
  • ON SITE: 71 Days
  • MLS #: 216956
$1,250,000
  • 7
    BEDS
  • 3.8
    ACRES
  • 6
    BATHS
  • 1
    1/2 BATHS
  • 4,466
    SQFT
  • $280
    $/SQFT
Type:
Commercial
Built:
1940
County:
Area:

School Ratings & Info

Description

Butternut Lake Lodge is a rare Northwoods opportunity offering exceptional versatility, strong income potential, and true turnkey operation. Currently run as a successful resort property, this estate can serve as a private single-family home, multi-generational retreat, bed & breakfast, corporate getaway, or full-scale resort—delivering “The Northwoods experience elevated.” Set on 3.8 acres with approximately 300’ of frontage on Butternut Lake, the property features highly sought-after western exposure for breathtaking sunsets and is positioned near the deepest point of the lake. Butternut Lake is a 1,006-acre full recreation lake known for excellent fishing, boating, two lakeside restaurants, and popular sandbars. The main Lodge offers authentic log construction with modern comforts, including 3 bedrooms, 2 full baths, a chef’s kitchen with granite countertops, spacious dining area, and a dramatic living room with soaring log ceilings and a stone fireplace. High-speed fiber internet and full-property Wi-Fi enhance usability. A separate Suites building includes four themed suites—Hunter, Pioneer, Angler, and Logger—each with private baths, kitchenettes, fireplaces, and patio access. Additional amenities include the “Tackle Box” guest commons and a Provisions gift shop. Outdoor highlights include a boathouse with rooftop sunset deck, premium pier system, and excellent waterfront access. The level yard offers fire pits, volleyball court, and ample recreation space, along with kayaks and a canoe. With an established website, booking system, and a loyal repeat guest base built largely through word-of-mouth, there is significant upside through expanded marketing and advertising. A truly unique lakeside retreat and investment opportunity. Additional information regarding improvements and property detail available upon request.

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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: 2026-07-19T00:07:22.76.
www.dreamnorthre.com/homes/176279866
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N16517 Lakeshore Dr Butternut, WI 54514

  • Price: $1,250,000
  • Status: Active
  • On Site: 71 Days
  • MLS #: 216956
7
Beds
6
Baths
1
½ Baths
3.8
Acres
4,466
SQFT
$280
$/SQFT
1940
Built
County:
Price
Area:
Butternut
Property Description
Butternut Lake Lodge is a rare Northwoods opportunity offering exceptional versatility, strong income potential, and true turnkey operation. Currently run as a successful resort property, this estate can serve as a private single-family home, multi-generational retreat, bed & breakfast, corporate getaway, or full-scale resort—delivering “The Northwoods experience elevated.” Set on 3.8 acres with approximately 300’ of frontage on Butternut Lake, the property features highly sought-after western exposure for breathtaking sunsets and is positioned near the deepest point of the lake. Butternut Lake is a 1,006-acre full recreation lake known for excellent fishing, boating, two lakeside restaurants, and popular sandbars. The main Lodge offers authentic log construction with modern comforts, including 3 bedrooms, 2 full baths, a chef’s kitchen with granite countertops, spacious dining area, and a dramatic living room with soaring log ceilings and a stone fireplace. High-speed fiber internet and full-property Wi-Fi enhance usability. A separate Suites building includes four themed suites—Hunter, Pioneer, Angler, and Logger—each with private baths, kitchenettes, fireplaces, and patio access. Additional amenities include the “Tackle Box” guest commons and a Provisions gift shop. Outdoor highlights include a boathouse with rooftop sunset deck, premium pier system, and excellent waterfront access. The level yard offers fire pits, volleyball court, and ample recreation space, along with kayaks and a canoe. With an established website, booking system, and a loyal repeat guest base built largely through word-of-mouth, there is significant upside through expanded marketing and advertising. A truly unique lakeside retreat and investment opportunity. Additional information regarding improvements and property detail available upon request.
Exterior Features

Construction Materials Aluminum Siding Composite Siding Frame Log Log Siding Exterior Features Storage Parking Features Private Roof Composition Shingle

Interior Features

Cooling Wall / Window Unit(s) Cooling YN Yes Flooring Carpet Concrete Tile Wood Heating Forced Air Natural Gas Heating YN Yes

Property Features

Building Features Recreation Room Business Type Bed & Breakfast Hotel / Motel Community Features Recreation Area Frontage Length 300 Frontage Type Lakefront Inclusions Real Estate and Business Lease Term Weekly Lot Features Lake Front Ownership Type Fee Simple Property Sub Type Hotel / Motel Property Sub Type Additional Multi Family Public Survey Range 01 W Public Survey Section 05 Public Survey Township 40 Road Frontage Type Town Road Road Surface Type Paved Sewer Conventional Sewer Tax Annual Amount 14128 Tax Year 2025 Township PR Lake Utilities High Speed Internet Connected View YN Yes Water Source Drilled Well Waterfront Features Shoreline - Sand Shoreline - Gravel Lake Front Waterfront YN Yes

Listing information © 2026 Northwoods Association of REALTORS® & Greater Northwoods MLS.
Listing provided courtesy of Matt Schultz of UNITED COUNTRY REAL ESTATE / NORTHERN WI LIFESTYLE PROPERTIES: (715) 492-4130.



© 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: 2026-07-19T00:07:22.76.
 
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Dream North Real Estate, eXp Realty, LLC
7750 US Hwy 51, Suite C
Minocqua WI, 54548