11113 Alterra WayArbor Vitae, WI 54568
Vilas County
Description
Rare opportunity with 13.26 upland acres zoned All Purpose-Commercial in Arbor Vitae with approximately 1,000' of frontage on US Hwy 51! Conveniently located between Minocqua/Woodruff and Manitowish Waters/Boulder Junction, this versatile property offers exceptional highway exposure, easy access and a mix of mature woods and open fields. Three existing residences provide immediate income potential, including a newer year-round 3BR/2BA and a 2BR/1BA home currently operating as successful short-term rentals with strong reviews. An additional 1BR/1BA home is rented month-to-month and features a full unfinished basement. . Flexible zoning opens the door to numerous residential and commercial possibilities, including multi-family development,, storage, build-to-suit opportunities or continued rental use. Current owner has preliminary survey for 8 residential lots. Direct snowmobile trail access adds another Up North advantage. A unique investment and development opportunity in a highly visible Northwoods location!
Property Information
- Property type
- Residential
- Sub-type
- Single Family Residence
- Style
- OneStory / TwoStory
- Living area
- 3,655 Sq Ft
- Lot size
- 577,606 Sq Ft
- Ownership
- Fee Simple
- Days on market
- 5
- MLS® Listing#
- 219857
Property Features
- Interior
- Ceiling Fan(s) · Cathedral Ceiling(s) · High Ceilings · Vaulted Ceiling(s) · Master Downstairs
- Appliances
- Dryer · Dishwasher · Electric Oven · Electric Range · Microwave · Refrigerator · Washer
- Cooling
- Ceiling Fan(s) · Central Air
- Heating
- Forced Air · Natural Gas
- Flooring
- Carpet · Concrete · Laminate · Vinyl
- Fireplace
- None
- Basement
- Full · Unfinished
- Parking
- Gravel · No Garage · Driveway
- Laundry
- Main Level
- Patio
- Patio · Deck
- Lot features
- Level · Wooded
- Construction
- Frame · Wood Siding
- Foundation
- Block · Slab
- Roof
- Composition · Metal · Shingle
- Utilities
- Cable Available · Phone Available
- Water source
- Shared Well
Rooms
First
- Bathroom
- Bedroom
- Kitchen
- Living Room
Second
- Bathroom
- Bedroom
- Kitchen
- Laundry
- Living Room
Schools
- Elementary
- ON Arbor Vitae-Woodruff
- High
- ON Lakeland Union
Financial Details
- Annual taxes
- $4,781Tax year 2025
- Parcel number
- 2-628
Directions
From Minocqua, N on Hwy 51 to fire #11113 on the West side.
Listing Courtesy: REDMAN REALTY GROUP, LLC - 7153580450
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