OFF MARKET

Listed by Derek Larson • First Weber, Inc.-Park Falls. Bought with Other Companies/Non-MLS.

Off Market Jun 2017 for $195K

$465,187

•

1,120

sq ft

11478 Butternut Lake Rd, Butternut, WI 54514

About this home

Public Remarks: IMMACULATE RETREAT. This like new 1120 square foot ranch home is hidden on a very private & secluded Butternut Lake lot with 186 feet of sunset view sandy frontage. Butternut is a 1006 acre lake noted for its Musky and Walleye fishing. The low maintenance home has a knotty pine cathedral ceiling, great room stone fireplace, tile floors, pretty landscaping, newly paved driveway and a lovely stone patio. AS A BONUS there is a charming tamarack full log guest cabin with 2 rooms.

Single-familyProperty Type

2001Year Built

0.67 acresLot Size

$415Est. Price/Sq.Ft.

Listed by Derek Larson • First Weber, Inc.-Park Falls

Bought with Other Companies Non-Mls • Other Companies/Non-MLS

Redfin checked: 3 minutes ago

•Source:RANWW #905089

Redfin Estimate

$465,187

$270K since sold in June 2017$13K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 259.3% higher than the average sale price ($129K) of 6 comparable homes.

SOLD JUL 17, 2026
$230,000
A
2 beds1 bath936 sq ft
412 4th St, Butternut, WI 54514
SOLD JUN 17, 2026
$169,000
B
2 beds1 bath320 sq ft
11587 Butternut Lake Rd, Butternut, WI 54514
SOLD AUG 3, 2026
$124,900
C
3 beds1 bath1,004 sq ft
649 7th Avenue South, Park Falls, WI 54552
SOLD MAY 8, 2026
$95,000
D
2 beds1 bath1,000 sq ft
384 Court St, Park Falls, WI 54552
SOLD JUL 31, 2026
$76,000
E
2 beds1 bath832 sq ft
484 8th Ave, Park Falls, WI 54552
SOLD APR 15, 2026
$82,000
F
3 beds1.5 baths928 sq ft
108 3rd St, Butternut, WI 54514

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Market trends in 54514, WI

Last updated July 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

96.0%

+3.8% MoM

Median sale price

$190K

$149K MoM

Avg. days on market

44d

171 days MoM

Recently sold homes

3 MoM

New listings for sale

NEW 34 HRS AGO
$634,900
4 beds2.5 baths2,466 sq ft
N16553 Lakeshore Dr, Butternut, WI 54514
$975,000
5 beds3.5 baths4,240 sq ft
N16898 Cth B, Butternut, WI 54514
See all

Provided by Redfin

Sale history for 11478 Butternut Lake Rd

Date

Event

Price

GNMLS #160158

Jun 23, 2017

Sold

$195,000

$174/sq ft

Aug 9, 2016

Listed

$203,000

$181/sq ft

+14

IMMACULATE RETREAT. This like new 1120 sq ft ranch home is hidden on a very private and secluded Butternut Lake lot with 186' of sunset view sandy frontage. Butternut is a 1006 acre lake noted for its Musky and Walleye fishing. The low maintenance home has a knotty pine cathedral ceiling, great room stone fireplace, tile floors, pretty landscaping, newly paved driveway and a lovely stone patio. AS A BONUS there is a charming tamarack full log guest cabin with 2 rooms, full bath and a fieldstone fireplace. A lot of bang for the buck!

Year

Property tax

Land + Additions

Assessment*

2025

$4,081 (+32.3%)

$75,300 + $169,000

$244,300

2024

$3,084 (+1.0%)

$75,300 + $136,000

$211,300

2023

$3,053 (+2.0%)

$75,300 + $136,000

$211,300

2022

$2,992 (−19.3%)

$75,300 + $136,000

$211,300

2021

$3,707

$75,300 + $136,000

$211,300

2020

$3,706 (−0.5%)

$75,300 + $136,000

$211,300

2019

$3,723 (+20.9%)

$75,300 + $136,000

$211,300

2018

$3,079 (+7.5%)

$75,300 + $119,400

$194,700

2017

$2,865 (−1.2%)

$90,500 + $109,100

$199,600

2016

$2,901 (+2.3%)

$90,500 + $109,100

$199,600

2015

$2,837 (−6.4%)

$90,500 + $109,100

$199,600

2014

$3,032

$90,500 + $109,100

$199,600

Tax history for 11478 Butternut Lake Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,081 (+32.3%)

$75,300 + $169,000

$244,300

2024

$3,084 (+1.0%)

$75,300 + $136,000

$211,300

2023

$3,053 (+2.0%)

$75,300 + $136,000

$211,300

2022

$2,992 (−19.3%)

$75,300 + $136,000

$211,300

2021

$3,707

$75,300 + $136,000

$211,300

2020

$3,706 (−0.5%)

$75,300 + $136,000

$211,300

2019

$3,723 (+20.9%)

$75,300 + $136,000

$211,300

2018

$3,079 (+7.5%)

$75,300 + $119,400

$194,700

2017

$2,865 (−1.2%)

$90,500 + $109,100

$199,600

2016

$2,901 (+2.3%)

$90,500 + $109,100

$199,600

2015

$2,837 (−6.4%)

$90,500 + $109,100

$199,600

2014

$3,032

$90,500 + $109,100

$199,600

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

0.67 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Ashland County

APN

006002650200

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

Property details

Interior

Bedroom Information
Master Bedroom Dimensions: 12 x 14
Master Bedroom Level: Main

Bathroom Information
# of Baths (Full): 2

Interior Features
Circuit Breakers

Room Information
None/Slab
Living Room Dimensions: 18 x 24
Living Room Level: Main
Kitchen Level: Main
Kitchen Dimensions: 18 x 24

Equipment
Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer

Exterior

Building Information
Building Type: 1 Story, 4-Season
Estimated Sq. Ft. Range: 1001-1250

Exterior
Exterior: Log, Vinyl

Property Information
Single-Family

Property Features
Body of Water: Butternut
Water Front
Water Features: Waterfrontage on Lot, 101-199 Ft., Bottom (Sand), Lake
Lake Size: 1,006
Lake Depth: 32

Land Information
Acreage: >= 1/2

Lot Information
Outbuildings: Guest House
Lot Acreage: 0.67
Zoning: Recreational,Residential

Financial

Tax Information
Total Taxes: $2,837
Tax Year: 2015

Utilities

Utility Information
Private Septic System, Well
Heating/Cooling: In-Floor
Lp Gas

Location

Neighborhood Information
Municipality: CHIPPEWA
Municipality Type: Town

School Information
School District: Butternut

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.67 acres
Style: Other
Year Built: —
Year Renovated: —
County: Ashland County
APN: 006002650200

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Inclusions: Included:Dishwasher,Included:Dryer,Included:Microwave,Included:Oven/Range,Included:Refrigerator,Included:Washer

Around this home

Schools
Places
Transit

Butternut Elementary School

Public PreK-5 • Assigned • 2.0mi

9/10

Butternut High School

Public 6-12 • Assigned • 2.0mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

1/10 Heat Factor

7 days above 91° expected this year, 13 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Butternut, WI • 54514

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$442,000 – $535,000

Sell confidently with a local market expert in Butternut. 3 minutes to get started.

Nearby similar homes

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New listings for sale in 54514

NEW 34 HRS AGO

$634,900

4 beds2.5 baths2,466 sq ft

N16553 Lakeshore Dr, Butternut, WI 54514

$975,000

5 beds3.5 baths4,240 sq ft

N16898 Cth B, Butternut, WI 54514

Home values near 11478 Butternut Lake Rd

Data from public records.

Address	Redfin Estimate
11681 Butternut Lake Rd, Butternut, WI 1 Beds \| 1 Baths \| 325 Sq. Ft.	$225,916
80209 Graf Rd, Butternut, WI 3 Beds \| 2.5 Baths \| 1901 Sq. Ft.	$544,878

Address	Redfin Estimate
11587 Butternut Lake Rd, Butternut, WI 2 Beds \| 1 Baths \| 320 Sq. Ft.	$183,282
11543 County Highway B, Butternut, WI 4 Beds \| 1 Baths \| 2757 Sq. Ft.	$396,507

Address	Redfin Estimate
11537 Butternut Lake Rd, Butternut, WI 3 Beds \| 1 Baths \| 840 Sq. Ft.	$240,483

Property information provided by RANWW when last listed in 2016. This data may not match . Learn more.

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