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5256 Hwy 51 #51 | $897,000 | MLS# 219896
Jeremy Oberlander Agent Photo
Jeremy
Oberlander
C. (715) 891-5992
P. (715) 358-0450
Phone Jeremy http://www.RedmanRealtyGroup.com
REDMAN REALTY GROUP, LLC
231 Oneida St
Minocqua, WI
United States 54548
MLS# 219896

Details

Room Sizes (3,253 Sqft)

First Floor
Floor Sqft3,253
Entrance 24’8” x 9’1”
Bedroom 15’10” x 12’4”
Den 14’2” x 12’5”
Great Rm 30’4” x 12’5”
Bathroom Full Bath
Bathroom Half Bath
Kitchen 8 x 9’8”
Living Room 15’10” x 24’7”
Bathroom Full Bath
Bathroom Half Bath
Kitchen 12’3” x 11’4”
Dining Room 9 x 7’1”
Bedroom 11’6” x 9’8”
Office 11’11” x 8’6”
Great Rm 15’7” x 13’9”
Bedroom 15’5” x 13’9”
Bathroom Full Bath
Laundry 8’9” x 11’6”
Util Area 8’2” x 9’8”
%
Years (35 year max)
Years



Address 5256 Hwy 51#51
AreaVilas
Sub AreaManitowish Waters (Town)
CityManitowish Waters
Zip Code54545
State/ProvinceWisconsin
CountryUnited States
Price$897,000
Property TypeSingle Family Det
Bedrooms3
Bathrooms5
Half Baths2
Floor Space3253 Square Feet
Lot Size1.16 Acres
WaterfrontNo
ParkingNone
Taxes $2,250
Tax Year2025
MLS® #219896

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 with sleeping 10+ comfortably. 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.


Listed by REDMAN REALTY GROUP, LLC Ph: (715) 358-0450


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About

My  life-long love of the north woods as well my 25 years of experience helping people design and build their dream home, make me uniquely qualified to guide you on your real estate journey.  Working with local zoning and building officials has been a real aid in gaining knowledge of complex property rights.  Raised in the Eagle River area, I have spent countless hours on local lakes and backwoods.  I know that what you need in a realtor is honesty, integrity, good communication, negotiation skills and knowledge of the market and I strive to excel in those areas.  Friends and family describe me as patient, kind, dependable, and trustworthy.  I am excited to be working with Redman Realty Group as their cultural emphasis on family, integrity, and a personalized approach to every client matches up with my own values.  My goal is to truly understand your needs and make the process smooth and simple through great communication and a smart use of cutting edge technology.  I derive great satisfaction in matching the right home/property with just the right family/owner!  

My greatest joy is spending time with my wife of 27 years, Sarah, and our three boys, Owen, Eli, and Jack.  Fishing, boating and having campfires with them reinforces why I love the north woods and why it’s such a privilege to help other families realize their dream of owning their own piece of paradise.

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