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48285 Lake Knotting LaneCable, WI 54821

Bayfield County

$719,000List price
2Beds
1Baths
600Sq Ft
1945Year built
74.00Acre lot
5 months agoOn market

Description

Rare opportunity to own a legacy Northwoods retreat with approximately 650 feet of frontage on scenic Lake Knotting and 74 acres of beautifully diverse land. The west- and south-facing shoreline offers a sandy bottom, level elevation, and exceptional sunset views. Held by the same family for nearly 100 years, this remarkable property combines privacy, recreation, and future potential, including possible subdivision opportunities. The acreage features a mix of mature woodlands and wetlands bordering the Chequamegon National Forest, creating endless opportunities for hiking, trail development, wildlife observation, hunting, and outdoor exploration. Two charming seasonal cabins are positioned near the water’s edge. The larger cabin, built around 1945, includes two bedrooms, a sleeping den, a full bath, and classic Northwoods character. The second cabin, built in 1948, sits literally at the shoreline, where sunlight dances across the water and reflects throughout the interior. It offers a modernized kitchen, one bedroom, a sleeping room, and a water closet, with a separate shower house nearby. Additional improvements include a storage building for lake equipment, recreational gear, or an ATV. The property is accessed by a town road and served by underground electric, with fiber-optic internet available at the road. Located just minutes from Cable and its renowned network of motorized and non-motorized recreational trails, and a short drive to Lake Superior for sailing, fishing, and year-round adventure. Whether you envision preserving this unique property as a private family compound, creating a multi-generational retreat, or exploring future development possibilities, this extraordinary offering provides a rare chance to establish a lasting legacy in one of Wisconsin’s most sought-after recreational areas. Property is being sold Turnkey inclusive of furniture and furnishings and As-Is.

Property Information

Property type
Residential
Sub-type
Single Family Residence
Style
One Story
Year built
1945
Living area
600 Sq Ft
Lot size
74.00 acres
Lot dimensions
0 x 0 x
Days on market
154
MLS® Listing#
1602071

Property Features

Exterior
Dock
Appliances
Electric Water Heater · Oven · Range · Refrigerator
Cooling
None
Heating
Baseboard · Other · See Remarks
Fireplace
Wood Burning · Free Standing · Wood Burning Stove
Basement
None
Parking
No Garage · Other · See Remarks
Fencing
None
Lot features
Waterfront
Construction
Wood Siding
Foundation
Other · See Remarks
Other structures
Guest House · Other · Shed(s) · See Remarks
Sewer
Holding Tank · Septic Tank
Water source
Well

Rooms

Main

  • Bathroom4.00 x 11.00
  • Bedroom9.00 x 10.00
  • Bedroom7.00 x 11.00
  • Den7.00 x 11.00
  • Dining Room5.00 x 11.00
  • Kitchen6.00 x 11.00
  • Living Room11.00 x 11.00

Financial Details

HOA
None
Annual taxes
$2,540Tax year 2025
Parcel number
16657

Directions

From Cable: Hwy M East to Hwy D North to North Diamond Lake South to Lake Knotting Ln to fire #

Listing Courtesy: McKinney Realty LLC - 715-798-3445

Information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Sold price derived from transfer tax shown on deed, other factors may influence actual sale price. Data relating to real estate on this website comes in part from the Internet Data Exchange program of the NWWMLS. Real Estate listings held by brokerage firms other than EXIT Realty Springside are marked with NWWMLS icon. Information provided by seller, listing broker and other parties may not have been verified. Some properties on this website may have sold and may no longer be available. Copyright © 2026 Northwestern Wisconsin MLS. All Rights Reserved.

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