OFF MARKET

Off Market Aug 2022 for $100K

$240,483

Est. refi paymentEst. refi $621/mo

•

840

sq ft

11537 Butternut Lake Rd, Butternut, WI 54514

About this home

421A) Three bedroom, 1 bath cottage with 100'(+/-) of frontage on Butternut Lake with a 1 car, detached garage. This cabin sits right at the waters edge and features some original log walls and a charming fireplace. The plumbing in the home is not in working order and there are deferred maintenance issues that need to be addressed, but this stunning lake front lot has great potential. The well was redrilled and updated approximately 10 years ago. Appliances and most furnishings included. Butternut Lake is 1006 acres with a maximum depth of 32'. Muskie and walleye are abundant. Panfish are common and small mouth bass, large mouth bass and sturgeon are present.

Single-familyProperty Type

1956Year Built

6,970 sq ftLot Size

$286Est. Price/Sq.Ft.

1 car garageParking

Listed by LAURIE WAGNER • HILGART REALTY INC

Bought with RICHARD CLINTON • BIRCHLAND REALTY, INC. - PHILLIPS

Redfin checked: 4 minutes ago

•Source:GNMLS #197872

Redfin Estimate

$240,483

$140K since sold in August 2022$9,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 123.6% higher than the average sale price ($108K) of 6 comparable homes.

SOLD JUL 31, 2026
$76,000
A
2 beds1 bath832 sq ft
484 8th Ave, Park Falls, WI 54552
SOLD JUN 30, 2026
$105,900
B
2 beds1 bath674 sq ft
665 2nd St, Park Falls, WI 54552
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 APR 7, 2026
$161,500
E
3 beds1 bath875 sq ft
N15539 10th 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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Earn from this home

Refinance

Est. cash available

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Rent

$1,519/mo

Redfin rental estimate

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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 33 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 11537 Butternut Lake Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,428 (+14.4%)

$36,000 + $51,500

$87,500

2024

$1,248 (+9.6%)

$36,000 + $51,500

$87,500

2023

$1,139 (+21.7%)

$36,000 + $45,000

$81,000

2022

$936 (−14.8%)

$36,000 + $45,000

$81,000

2021

$1,098 (−4.9%)

$36,000 + $45,000

$81,000

2020

$1,155 (+1.9%)

$36,000 + $45,000

$81,000

2019

$1,133 (+6.6%)

$36,000 + $45,000

$81,000

2018

$1,063 (−6.0%)

$36,000 + $45,000

$81,000

2017

$1,131 (−1.8%)

$37,400 + $53,000

$90,400

2016

$1,152 (+0.6%)

$37,400 + $53,000

$90,400

2015

$1,145 (−5.9%)

$37,400 + $53,000

$90,400

2014

$1,217

$37,400 + $53,000

$90,400

Tax history for 11537 Butternut Lake Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,428 (+14.4%)

$36,000 + $51,500

$87,500

2024

$1,248 (+9.6%)

$36,000 + $51,500

$87,500

2023

$1,139 (+21.7%)

$36,000 + $45,000

$81,000

2022

$936 (−14.8%)

$36,000 + $45,000

$81,000

2021

$1,098 (−4.9%)

$36,000 + $45,000

$81,000

2020

$1,155 (+1.9%)

$36,000 + $45,000

$81,000

2019

$1,133 (+6.6%)

$36,000 + $45,000

$81,000

2018

$1,063 (−6.0%)

$36,000 + $45,000

$81,000

2017

$1,131 (−1.8%)

$37,400 + $53,000

$90,400

2016

$1,152 (+0.6%)

$37,400 + $53,000

$90,400

2015

$1,145 (−5.9%)

$37,400 + $53,000

$90,400

2014

$1,217

$37,400 + $53,000

$90,400

*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

6,970 Sq. Ft.

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Ashland County

APN

006002641100

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

Property details

Parking

Parking/Garage Information
Has Garage
# of Garage Spaces: 1
Parking Features: Detached, Garage

Interior

Bathroom Information
# of Full Bathrooms: 1

Heating & Cooling
Has Heating
Heating: Propane, Space Heater, Wood

Interior Features
Appliances: Range, Refrigerator
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Masonry, Wood Burning

Exterior

Exterior Features
Roof: Metal

Building Information
Sq. Ft.: 840
Above Grade Finished Area: 840
Construction Materials: Brick, Frame, Masonite
Foundation Details: Pillar/Post/Pier

Property Features
On Waterfront
Waterfront Features: Lake Front
Has View

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: SingleFamilyResidence

Lot Information
Lot Features: Waterfront
Frontage Type: Lakefront
Frontage Length: 100
Water Body Name: BUTTERNUT

Financial

Tax Information
Tax Annual Amount: $1,611

Utilities

Utility Information
Electric: Circuit Breakers
Sewer: Holding Tank

Location

Schools Information
Elementary School: AS Butternut
Middle Or Junior School: AS Butternut
High School: AS Butternut

Location Information
Directions: From Park Falls, north on Hwy 13 for 5.3 mi. Turn west onto Cutoff Rd for 0.2 mi. South onto Butternut Lake Rd. Destination will be on the right 0.4 mi

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 6,970 square feet
Style: Other
Year Built: —
Year Renovated: —
County: Ashland County
APN: 006002641100

Home facts updated by county records on Jul 29, 2026

Around this home

Schools

Butternut Elementary School

Public PreK-5 • Assigned • 1.9mi

9/10

Butternut High School

Public 6-12 • Assigned • 1.9mi

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

$229,000 – $277,000

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

Nearby similar homes

$59,900

3 beds1 bath881 sq ft

470 7th Avenue South, Park Falls, WI 54552

$69,900

— beds— baths624 sq ft

465 Jackson Ave, Phillips, WI 54555

$294,900

4 beds2 baths1,875 sq ft

W6692 Springs Dr, Phillips, WI 54555

$975,000

5 beds3.5 baths4,240 sq ft

N16898 Cth B, Butternut, WI 54514

$1,250,000

3 beds2 baths2,266 sq ft

N16517 Lakeshore Dr, Butternut, WI 54514

$225,000

3 beds2 baths1,736 sq ft

236 Argyle Ave, Phillips, WI 54555

New listings for sale in 54514

NEW 33 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 11537 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
11587 Butternut Lake Rd, Butternut, WI 2 Beds \| 1 Baths \| 320 Sq. Ft.	$183,282

Address	Redfin Estimate
11478 Butternut Lake Rd, Butternut, WI 2 Beds \| 2 Baths \| 1120 Sq. Ft.	$465,187
80209 Graf Rd, Butternut, WI 3 Beds \| 2.5 Baths \| 1901 Sq. Ft.	$544,878

Address	Redfin Estimate
11787 Butternut Lake Rd, Butternut, WI 2 Beds \| 1.5 Baths \| 626 Sq. Ft.	$301,117

Property information provided by GNMLS when last listed in 2022. This data may not match . Learn more.

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