N16517 Lakeshore Dr, Butternut, WI

$1,250,000 - Butternut Lake

3

Beds

2

Baths

About N16517 Lakeshore Dr

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.

Features of N16517 Lakeshore Dr

MLS® # 216957
Price $1,250,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Year Built 1940
Type Single Family
Sub-Type Residential
Style One Story
Status Active
Lake Name Butternut Lake

Community Information

Address N16517 Lakeshore Dr
City Butternut
County Price
State WI
Zip Code 54514

Amenities

Features Lake Front, Retaining Wall
Parking Storage
Garages Storage
Is Waterfront Yes
Waterfront Shoreline - Sand, Shoreline - Gravel, Lake Front
Has Pool No

Interior

Interior Carpet, Concrete, Tile, Wood
Interior Features Ceiling Fan(s), Bath in Primary Bedroom, Main Level Primary
Appliances Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer/Dryer
Heating Forced Air, Natural Gas
Cooling Wall/Window Unit(s)
Fireplace Yes
# of Fireplaces 1
Fireplaces Multiple
Stories 1
Has Basement Yes
Basement Unfinished

Exterior

Exterior Composite Siding, Log, Log Siding, Masonite
Exterior Features Dock, Landscaping, Shed
Lot Description Lake Front, Retaining Wall
Roof Composition, Shingle
Construction Composite Siding, Log, Log Siding, Masonite
Foundation Block

Additional Information

Date Listed May 8th, 2026
Days on Market 13
Short Sale No
RE / Bank Owned No
Taxes $14,128
Tax Year 2025
Agent Matt Schultz
Office UNITED COUNTRY REAL ESTATE / NORTHERN WI LIFESTYLE PROPERTIES

Listing Details

OfficeUNITED COUNTRY REAL ESTATE / NORTHERN WI LIFESTYLE PROPERTIES

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