Neil Pluister
8583 Hwy 51
PO Box 142
Minocqua, WI 54548
(715) 367-7270
Fax (715) 356-1849
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| 5256 HWY 51 |
Northwoods MLS Listing Number: 219896 $897,000.00 |
Exceptional turn-key investment and lifestyle opportunity in the heart of Manitowish Waters. Seller financing available for qualified Buyers! This completely renovated 3,200+ sq. ft. community business zoned triplex combines modern luxury, flexible use, and exceptional Northwoods recreation. The property features three beautifully updated units with brand-new high-end furnishings, private exterior entrances, and secure interior connections - allowing the building to operate as three separate rentals or one expansive residential compound with sleeping 10+ comfortably. A centrally located common laundry room supports convenient living or efficient rental turnover, while a private gated entrance adds security and privacy. The property is ideally situated near snowmobile trails, biking paths, and a local boat landing providing access to the renowned Manitowish Chain of Lakes for boating, fishing, and watersports. Adding significant versatility is close to an acre behind the building with its own independent access from Townline Road. The additional acreage offers space and potential for outbuildings, detached garages, boat/RV storage, or future development. Community Business zoning provides flexibility for a variety of potential uses, including residential, corporate or long-term rentals, short-term vacation rentals, boutique hospitality, professional office space, or a live/work configuration. Ideal for an investor, hospitality entrepreneur, owner-occupant, or multi-generational family seeking a unique Northwoods property with income and expansion potential. Offered at $897,000, with flexible owner-financing options available to qualified buyers. Great location on USH 51 and WI DOT shows 4,600 vehicles pass per day! A rare combination of luxury, versatility, recreation, and investment potential in one of Wisconsin’s premier year-round destinations.
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| Address: |
5256 HWY 51 |
| Township: |
VI Manitowish Waters (Town) |
| County: |
Vilas |
| Zip Code: |
54545 |
| Property Type: |
Single Family Det |
| Style: |
1 Story |
| Construction: |
Frame/Stick |
| Acres: |
1.2 |
| Lot SqFt: |
50530 |
| Year Built: |
|
| Taxes: |
2250 |
| Lake: |
LAKE/RIVER: NONE |
| Lake Chain: |
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| Lake Acres: |
|
| Shoreline: |
ft |
| Water Frontage: |
0 ft |
| Sewer: |
Conventional |
| Water: |
Drilled Well |
| Zoning: |
Other |
| Access Road: |
US Hwy, Driveway - Black Top |
| Complex/ Subdivision: |
|
| Elementary School: |
VI North Lakeland |
| Middle School: |
VI North Lakeland |
| High School: |
ON Lakeland Union |
|
| Bedrooms: |
3 |
| Bathrooms: |
5 |
| Interior SqFt: |
[EstSqFt (Interior)] |
| Fuel: |
Natural Gas |
| SqFt 1st Floor: |
3253 |
| SqFt 2nd Floor: |
0 |
| SqFt 3rd Floor: |
0 |
| Foundation: |
Concrete Block |
| SqFt Basement: |
0 |
| SqFt Finished Basement: |
0 |
| Total Fireplaces: |
2 |
| Number Stoves: |
0 |
| Flooring: |
Wood, Ceramic, Slate, LVP - Vinyl Plank |
| WaterHeater: |
Natural Gas |
| Attic: |
|
| SqFt Garage: |
0 |
| Exterior Finish: |
Cedar, Log/Siding |
| Roofing: |
Composition Shingles |
| Road Frontage: |
ft |
| Parking Spaces: |
|
| Utilities/ Services: |
Circuit Breakers |
|
| Interior Features: |
| 1st Floor Primary BR, 1st Floor Laundry |
| Fireplace/ StoveTypes: |
| Electric |
| Appliances/ Chattels: |
| Refrigerator, Microwave, Washer, Furnishings-Negotiable, Dishwasher, Oven/Range-Electric |
| Basement Type: |
| Crawl Space, Bilco Entry |
| Exterior Features: |
| Open/Sun Deck, Covered Deck, Landscaped |
| Garage: |
| None |
| Site Influence: |
| Level, Wooded Area, Shopping Nearby, Ski Hill Nearby, Driveway |
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Listing information provided by the Greater Northwoods MLS.
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Property listed with: REDMAN REALTY GROUP, LLC |
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