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Jeremy Ryan

jeremy@eliasonrealty.com +1(262) 308-5009

$ 1,299,900

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11113 ALTERRA WAY Arbor Vitae, WI 54568

6 Beds

4 Baths

3,655 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,655 sqft

Price per Sqft $355

MLS Listing ID 219857

Style One Story,Two Story

Bedrooms 6

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 3,655

Annual Tax Amount $4,781

Tax Year 2025

Lot Size 13.260 Acres

Acres 13.260009

Property Sub-Type Single Family Residence

Property 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!

Location

State WI

County Vilas

Community Shopping

Zoning All Purpose

Direction From Minocqua, N on Hwy 51 just north of the Harley Dealership on the West side.

Rooms

Basement Full, Unfinished

Interior

Interior Features Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Main Level Primary, Vaulted Ceiling(s)

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Carpet, Concrete, Laminate, Vinyl

Fireplaces Type None

Furnishings Furnished Or Unfurnished

Fireplace No

Appliance Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer

Laundry Main Level

Exterior

Exterior Feature Patio, Gravel Driveway

Parking Features No Garage, Driveway

Community Features Shopping

Utilities Available Cable Available, Phone Available

Water Access Desc Drilled Well,Shared Well

Roof Type Composition,Metal,Shingle

Porch Deck, Open, Patio

Road Frontage Highway, Private Road

Garage No

Building

Lot Description Buildable, Level, Open Space, Wooded

Foundation Block, Slab

Sewer Conventional Sewer

Water Drilled Well, Shared Well

Level or Stories One, Two

Schools

Elementary Schools On Arbor Vitae-Woodruff

High Schools On Lakeland Union

Others

Tax ID 2-628

Ownership Fee Simple

Listed by REDMAN REALTY GROUP, LLC

NEARBY SCHOOLS & PROPERTIES

Jeremy Ryan

Agent

+1(262) 308-5009

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