11633 Lakeview Dr, Butternut, WI

Name: 11633 Lakeview Dr, For Sale in Butternut - Zoocasa
Brand: REDMAN REALTY GROUP, LLC
SKU: 218101
Price: 849000 USD

House

For Sale

Listed price in listed location currency (USD).

$849,000

020

MLS® 218101

Overview

Key Facts

Type Hotel-Motel

Levels Commercial Sale

Size -

Garage

Taxes $3,383

Days Active 64

Lot Size 117612 SF

Approx. Age

MLS® Number 218101

Property Address: 11633 Lakeview Dr, Butternut, WI, 54514-9163

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional opportunity to own Bobber's On The Lake, a well-established Northwoods destination offering a rare combination of waterfront real estate, restaurant/tavern, resort lodging, and future growth potential. Situated on approximately 2.7 acres with 190'+/- of frontage on full recreational Butternut Lake, this property offers excellent visibility, ample parking, and direct access to one of Ashland County's premier recreational lakes. Known for outstanding Musky, Walleye, Bass, Northern Pike and Panfish fishing, Butternut Lake also attracts boaters, vacationers and outdoor enthusiasts throughout the year. The property is conveniently located on ATV and snowmobile routes, creating exceptional four-season traffic. Customers can arrive by boat or vehicle, dock at one of the multiple piers, enjoy waterfront dining on the lakeside patio, and extend their stay in one of the four on-site cabins. The sale includes the real estate and business, along with an extensive inventory of restaurant equipment, furnishings, fixtures, business assets, and all cabin contents for a seamless transition to new ownership. Recent improvements include a new ice machine (2026), pizza prep table, beverage cooler, walk-in cooler compressor, newer docks, and numerous additional equipment updates. Accommodations include four cabins consisting of a 3BR/1BA cabin, a 1BR plus loft/1BA cabin, and two studio cabins with lofts and bathrooms, creating excellent rental income potential. A storage shed and room for future expansion provide additional possibilities, subject to buyer verification. Whether you're looking to continue a successful hospitality business, expand an existing operation, or invest in a unique waterfront property with multiple income streams, this iconic Northwoods destination offers outstanding potential.

MLS® Number218101

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

DrivewayPrivate, Unpaved

Garage Spaces

HeatBaseboard, Forced Air, Floor Furnace, Propane

A/CCentral Air, Wall Window Units

Extras

Real Estate and Business, Fixtures, Equipment, Furniture, Inventory

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

I want to view this property

Yes, I'd like to receive free weekly market insights and buying and selling tips. Unsubscribe at any time.

By pressing "Take a Tour", I confirm that I have read and agree to the eXp Privacy Policy, and Terms of Use.

By pressing "Take a Tour", I am electronically signing and consenting to receive marketing comms about real estate brokerage and mortgage lending services, delivered via email, phone and/or text (using "automated technology" such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate professionals and their affiliate SUCCESS® Lending using the contact information I provided. Your consent is not a condition of purchase and you may revoke it at any time by replying "STOP" to any texts. Text HELP for more info. Message and data rates may apply. You may also contact us directly at 1-844-683-4664.

Similar Listings

Comparable Properties

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

eXp Realty holds real estate brokerage licenses in multiple states. Zoocasa (Canada), Inc. holds real estate brokerage licenses in multiple provinces. For information on licenses please contact us at [email protected]

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

MLS® Compliance Statements
Tony King – Designated Managing Broker, Broker Operations – TX.
Texas Real Estate Commission information about brokerage services
Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations. The Fair Housing Notice→

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H. Learn More→

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny – Designated Broker
eXp Realty of Southern California, Inc. | CA DRE# 02187306 | Gina Saad – Designated Broker
eXp Realty of Greater Los Angeles, Inc. | CA DRE# 02188471 | Anita Cruz – Designated Broker
eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas Penny – Designated Broker
Fair Housing and Reasonable Accommodations
DMCA Notice

2026 AODA Compliance Report
Feedback can be submitted through our standard communication channels such as our internal chat platform, email, phone etc., and accommodations are available upon request. Zoocasa reviews all feedback received, acknowledges concerns, and works to respond in a timely manner. Feedback is assessed and addressed appropriately to support continuous improvement of our services and accessibility practices.