OFF MARKET

Off Market Aug 2022 for $169K

$225,916

•

325

sq ft

11681 Butternut Lake Rd, Butternut, WI 54514

About this home

462A) One Bedroom, one bath cottage on Butternut Lake. Quaint, cozy and all the fun Butternut lake has to offer just a few steps out the door. Butternut Lake is one of the most sought after places to own property with 1006 acres of swimming, boating and year round fishing. The cottage has knotty pine walls, a 3/4 bath, eat-in kitchen and sits on a lovely . 320 acre lot with gorgeous lake views. Approximately 300'+ of frontage per Ashland County tax descriptions. The ceiling has recently been removed and new lighting is partially installed. All the items in the cabin for the new lighting are included in the sale. On the north side of the property you will find a small boat landing and a parking pad. The 20' x 22' dock included. Drilled well. Holding Tank. Propane heating.

Single-familyProperty Type

0.32 acresLot Size

$695Est. Price/Sq.Ft.

Listed by CARI PLOENSE • HILGART REALTY INC

Bought with CARI PLOENSE • NORTHWOODS REALTY

Redfin checked: 2 minutes ago

•Source:GNMLS #195909

Redfin Estimate

$225,916

$56K since sold in August 2022$4,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 79.8% higher than the average sale price ($126K) 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 JUL 31, 2026
$76,000
C
2 beds1 bath832 sq ft
484 8th Ave, Park Falls, WI 54552
SOLD JUN 30, 2026
$105,900
D
2 beds1 bath674 sq ft
665 2nd St, Park Falls, WI 54552
SOLD MAY 8, 2026
$95,000
E
2 beds1 bath1,000 sq ft
384 Court St, Park Falls, WI 54552
SOLD JAN 9, 2026
$78,000
F
1 bed1 bath555 sq ft
499 Division St, Park Falls, WI 54552

Claim this home to receive a free report every month with insights on the changing estimate.

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

$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 11681 Butternut Lake Rd

Date

Event

Price

GNMLS #195909

Aug 12, 2022

Sold

$169,900

$523/sq ft

Apr 19, 2022

Listed

$169,900

$523/sq ft

GNMLS #173806

May 14, 2019

Sold

$98,900

$304/sq ft

Jul 31, 2018

Listed

$99,900

$307/sq ft

+13

#447J) One Bedroom, one bath cottage on Butternut Lake. Quaint, cozy and all the fun Butternut lake has to offer just a few steps out the door. Butternut Lake is one of the most sought after places to own property with 1006 acres of swimming, boating and year round fishing. The cottage has knotty pine walls, a 3/4 bath, eat-in kitchen and sits on a lovely . 320 acre lot with gorgeous lake views. What are you waiting for?

GNMLS #125069

May 25, 2012

Sold

$59,000

$182/sq ft

Mar 14, 2012

Listed

$79,900

$246/sq ft

+11

AUCTION scheduled 6- 2-12, Property is available to sell prior to auction, call for auction & sale details. A buyer fee of $2% or $2,000 (whichever is greater) will be added to determine final sale price. Nonrefundable e/m of 5% of sale price due w/ offer/bid. Cash closing-no contingencies. 300' of sandy frontage on Butternut Lake. One bedroom, one updated bath cabin with newer carpeting, knotty pine wood paneling, & vinyl siding. Phenomenal views of the lake.

Year

Property tax

Land + Additions

Assessment*

2025

$858 (+14.7%)

$36,000 + $17,800

$53,800

2024

$748 (+1.2%)

$36,000 + $17,800

$53,800

2023

$740 (+6.8%)

$36,000 + $17,800

$53,800

2022

$693 (−18.5%)

$36,000 + $15,800

$51,800

2021

$850 (+0.8%)

$36,000 + $15,800

$51,800

2020

$843 (−0.5%)

$36,000 + $15,800

$51,800

2019

$847 (+10.6%)

$36,000 + $15,800

$51,800

2018

$766 (+3.3%)

$36,000 + $15,800

$51,800

2017

$741 (−1.8%)

$37,400 + $17,900

$55,300

2016

$755 (+2.2%)

$37,400 + $17,900

$55,300

2015

$739 (−6.3%)

$37,400 + $17,900

$55,300

2014

$789

$37,400 + $17,900

$55,300

Tax history for 11681 Butternut Lake Rd

Year

Property tax

Land + Additions

Assessment*

2025

$858 (+14.7%)

$36,000 + $17,800

$53,800

2024

$748 (+1.2%)

$36,000 + $17,800

$53,800

2023

$740 (+6.8%)

$36,000 + $17,800

$53,800

2022

$693 (−18.5%)

$36,000 + $15,800

$51,800

2021

$850 (+0.8%)

$36,000 + $15,800

$51,800

2020

$843 (−0.5%)

$36,000 + $15,800

$51,800

2019

$847 (+10.6%)

$36,000 + $15,800

$51,800

2018

$766 (+3.3%)

$36,000 + $15,800

$51,800

2017

$741 (−1.8%)

$37,400 + $17,900

$55,300

2016

$755 (+2.2%)

$37,400 + $17,900

$55,300

2015

$739 (−6.3%)

$37,400 + $17,900

$55,300

2014

$789

$37,400 + $17,900

$55,300

*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

8,712 Sq. Ft.

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Ashland County

APN

006002640500

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

Property details

Parking

Parking/Garage Information
Parking Features: No Garage

Interior

Bathroom Information
# of Full Bathrooms: 1

Heating & Cooling
Has Heating
Heating: Propane

Interior Features
Interior Features: Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)
Appliances: Range, Refrigerator
Fireplace Features: None

Exterior

Exterior Features
Exterior Features: Dock
Roof: Composition, Shingle

Building Information
Sq. Ft.: 325
Above Grade Finished Area: 325
Construction Materials: Frame, Vinyl Siding
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: 300
Water Body Name: UNNAMED LAKE

Financial

Tax Information
Tax Annual Amount: $1,603

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 HWY 13, west onto Cut Off Road, south onto Butternut Lake Road. Property will be on the west side of the road. Watch for the sign

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 8,712 square feet
Style: Other
Year Built: —
Year Renovated: —
County: Ashland County
APN: 006002640500

Home facts updated by county records on Jul 29, 2026

Around this home

Schools
Places
Transit

Butternut Elementary School

Public PreK-5 • Assigned • 1.8mi

9/10

Butternut High School

Public 6-12 • Assigned • 1.8mi

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

$215,000 – $260,000

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

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New listings for sale in 54514

$634,900

4 beds2.5 baths2,466 sq ft

N16553 Lakeshore Dr, Butternut, WI 54514

$975,000

5 beds3.5 baths4,240 sq ft

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Home values near 11681 Butternut Lake Rd

Data from public records.

Address	Redfin Estimate
11478 Butternut Lake Rd, Butternut, WI 2 Beds \| 2 Baths \| 1120 Sq. Ft.	$465,187
11537 Butternut Lake Rd, Butternut, WI 3 Beds \| 1 Baths \| 840 Sq. Ft.	$240,483

Address	Redfin Estimate
11787 Butternut Lake Rd, Butternut, WI 2 Beds \| 1.5 Baths \| 626 Sq. Ft.	$301,117
11853 Butternut Lake Rd, Butternut, WI 2 Beds \| 1 Baths \| 684 Sq. Ft.	$317,874

Address	Redfin Estimate
11587 Butternut Lake Rd, Butternut, WI 2 Beds \| 1 Baths \| 320 Sq. Ft.	$183,282
80209 Graf Rd, Butternut, WI 3 Beds \| 2.5 Baths \| 1901 Sq. Ft.	$544,878

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

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