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3 Beds
2 Baths
2,266 sqft

$1,250,000

N16517 LAKESHORE DR, Butternut WI, 54514

Price per sqft$551.63
Built in1940
Property size2,266 sqft
Property typeResidential

Overview

Active

Listed May 8, 2026

Updated May 26

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.

$8,316/mo

Est. mortgage payment based on a $1,250,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
216957

Interior Features

Bedrooms
3
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
3.8 Acres

Other Property Details

Taxes
$14,128
Tax Frequency
Annually
View
Yes
Waterfront
Yes

Listed by MATT SCHULTZ with UNITED COUNTRY REAL ESTATE / NORTHERN WI LIFESTYLE PROPERTIES
Listing Contact: (715) 518-9041 
Based on information from Greater Northwoods Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor United Country Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 
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Data last updated 5/26/2026

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