Listed by Rick Mullen • COLDWELL BANKER ACTION (Main: 715-359-0521). Bought with COLDWELL BANKER ACTION.
Off Market Feb 2024 for $315K
$381,432
Est. refi paymentEst. refi$2,002/mo
4
bd
•
2.5 ba
•
2,832
sq ft
247210 County Rd W, Merrill, WI 54452
About this home
Public Remarks: WATERFRONT PROPERTY. Over 2800 square foot home with 1.29 acres within a forest of White Pines, located in the Town of Texas, on the Wisconsin River. This unique property offers approximately 150 feet of shoreline, with a nice gradual slope to the water. This stretch of the Wisconsin River, between Brokaw and Merrill, is a beautiful area for kayaking and canoeing and is well known for exceptional Musky and Smallmouth Bass fishing with local guide services available. The home has a number of interesting features including a board and batten exterior, a red granite fireplace, a red granite staircase, a patio, a deck, a fire pit near the river and great views of the Wisconsin River. A floor plan that includes a main level living room and main level family room as well as a lower level family room, four bedrooms, an office and a rec room/game room is perfect for those who like to entertain or for use as a VACATION RENTAL as the current Owners have done. ,This home offers a rustic, easy living, Northwoods feel, highly regarded by the many guests who who have stayed there and has a 4.9 rating on VRBO. This is an opportunity to own a vacation rental that occupies a lucrative niche in the vacation rental marketplace as it is capable of providing accommodations for up to 12 guests. Evidence of gross revenue of just over $50,000 per year over the past 3 years is available to potential Buyers AFTER showings. Included in the purchase price are all furnishings, linens, two kayaks and a canoe. The current Owners are willing to provide assistance over a short transition period to the new Owners. This property would be ideal for those who wish to utilize the property for their own use, along with providing opportunities for guests that could cover a significant portion of the cost of ownership.