N16517 Lakeshore Dr, Butternut, WI 54514
Local realty services provided by:CENTURY 21 Affiliated
N16517 Lakeshore Dr,Butternut, WI 54514
$1,250,000
- 3 Beds
- 2 Baths
- 4,466 sq. ft.
- Single family
- Active
Listed by: matt schultz, brittany schultz
Office: united country real estate / northern wi lifestyle properties
MLS#:216957
Source:WI_GNMLS
Price summary
- Price:$1,250,000
- Price per sq. ft.:$279.89
About this home
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 details available upon request....
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Home facts
- Year built:1940
- Listing ID #:216957
- Added:96 day(s) ago
- Updated:August 12, 2026 at 03:38 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Carpet, Concrete, Tile, Wood
- Kitchen Description:Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator
- Basement:Yes
- Basement Description:Unfinished
- Living area:4,466 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Composition, Shingle
- Year built:1940
- Building area:4,466 sq. ft.
- Lot area:3.8 Acres
- Lot Features:Lake Front, Retaining Wall
- Architectural Style:One Story
- Construction Materials:Composite Siding, Log, Log Siding, Masonite
- Exterior Features:Deck, Dock, Landscaping, Open
- Foundation Description:Block
- Levels:1 Story
Utilities
- Water:Drilled Well
- Sewer:Conventional Sewer
Finances and disclosures
- Price:$1,250,000
- Price per sq. ft.:$279.89
- Tax amount:$14,128 (2025)
Features and amenities
- Appliances:Refrigerator
- Laundry features:Washer / Dryer
- Amenities:Shed
Parking
- Parking description:Storage
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