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New
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$897,000

For Sale

6 days ago

51 - 5256 Us Highway 51, Manitowish Waters, WI

House

MLS® 219896

3 Bed

5 Bath

3253 sqft

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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 3253 sqft
Garage 
Taxes $2,250
Days Active 5
Lot Size 50530 SF
Approx. Age 
Avg. Price Per Sqft $275
MLS® Number 219896

Property Address: 51-5256 Us Highway 51, MANITOWISH WATERS, WI, 54545-6398

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional turn-key investment and lifestyle opportunity in the heart of Manitowish Waters. Seller financing available for qualified Buyers! This completely renovated 3, 200+ sq. ft. community business zoned triplex combines modern luxury, flexible use, and exceptional Northwoods recreation. The property features three beautifully updated units with brand-new high-end furnishings, private exterior entrances, and secure interior connections - allowing the building to operate as three separate rentals or one expansive residential compound. A centrally located common laundry room supports convenient living or efficient rental turnover, while a private gated entrance adds security and privacy. The property is ideally situated near snowmobile trails, biking paths, and a local boat landing providing access to the renowned Manitowish Chain of Lakes for boating, fishing, and watersports. Adding significant versatility is close to an acre behind the building with its own independent access from Townline Road. The additional acreage offers space and potential for outbuildings, detached garages, boat/RV storage, or future development. Community Business zoning provides flexibility for a variety of potential uses, including residential, corporate or long-term rentals, short-term vacation rentals, boutique hospitality, professional office space, or a live/work configuration. Ideal for an investor, hospitality entrepreneur, owner-occupant, or multi-generational family seeking a unique Northwoods property with income and expansion potential. Offered at $897, 000, with flexible owner-financing options available to qualified buyers. Great location on USH 51 and WI DOT shows 4, 600 vehicles pass per day! A rare combination of luxury, versatility, recreation, and investment potential in one of Wisconsin’s premier year-round destinations.
MLS® Number219896
Laundry LevelMain
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age
BasementCrawl Space
DrivewayNo Garage, Driveway
Garage Spaces
HeatForced Air, Hot Water, Natural Gas, Radiant Floor
A/CCentral Air

Extras

Rooms

Living Room:First Floor24.59 × 15.84 ft
Office:First Floor8.5 × 11.92 ft
Bedroom 1:First Floor12.34 × 15.84 ft
Dining Room:First Floor7.09 × 9 ft
Other:First FloorNot available
Other:First Floor9.09 × 24.67 ft
Den:First Floor12.42 × 14.17 ft
Great Room:First Floor12.42 × 30.34 ft
Kitchen:First Floor9.67 × 8 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 3, 2026List Date
$897,000List Price
  • Commute

Commute

Starting Address
Destination Address
5256 Us Highway 51, Manitowish Waters, WI

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