Sold for $700,000

$700,000

10990 Knapp Rd, Three Lakes, WI 54562

3beds

1,288sqft

Single Family Residence

Built in ----

1.96 Acres Lot

$652,400 Zestimate^®

$543/sqft

$1,394 Estimated rent

Home value

$652,400

$620,000 - $685,000

$1,394/mo

Zestimate^® history

Owner options

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$1,394/mo

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$1,394/mo

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$4,495/mo

Est. payment

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$4,495/mo

Est. payment

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What's special

Breathtaking viewsFull walkout basementLarge deck

Escape to your own Northwoods retreat on beautiful Butternut Lake! This rare find offers 1.96 acres and 100 feet of pristine frontage with breathtaking views. The 3-bedroom, 2-bath home features a full walkout basement, large deck, a 2 car detached garage, and a firepit. In the heart of the Chequamegon-Nicolet National Forest, enjoy unmatched privacy, peaceful serenity, and endless outdoor adventures. Excellent location near hunting, ATV, and snowmobile trails. Currently used as a profitable short term rental. Whether for year-round living or a weekend getaway, or an investment opportunity, this gem is a dream come true!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Bedroom

Level: First
Dimensions: 12'6x12'9

Bedroom

Level: First
Dimensions: 10'6x9

Bedroom

Level: First
Dimensions: 11'3x10'6

Bathroom

Level: First

Bathroom

Level: First

Dining room

Level: First
Dimensions: 10x9'5

Laundry

Level: First
Dimensions: 9'8x8

Living room

Level: First
Dimensions: 12'9x19

Heating

Forced Air, Propane

Appliances

Included: Dryer, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
Laundry: Main Level

Features

Ceiling Fan(s), Main Level Primary
Basement: Exterior Entry,Full,Interior Entry
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 1,288
Total interior livable area: 1,288 sqft
Finished area above ground: 1,288
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Garage, Two Car Garage, Driveway
Garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Exterior features: Dock, Shed, Propane Tank - Leased
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water
Waterfront features: Shoreline - Sand, Shoreline - Gravel, Shoreline - Rocky, Lake Front
Body of water: BUTTERNUT
Frontage type: Lakefront
Frontage length: 100,100

Lot

Size: 1.96 Acres
Features: Buildable, Lake Front, Rural Lot, Views

Details

Additional structures: Shed(s)
Parcel number: 016013190000
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: One Story
Property subtype: Single Family Residence

Materials

Manufactured, Vinyl Siding
Foundation: Block
Roof: Composition,Shingle

Utilities & green energy

Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
Water: Drilled Well

Community & HOA

Location

Region: Three Lakes

Financial & listing details

Price per square foot: $543/sqft
Tax assessed value: $373,900
Annual tax amount: $3,059
Date on market: 5/8/2026
Ownership: Fee Simple

Price history

Date	Event	Price
8/28/2026	Sold	$700,000+0.1%$543/sqft
Source: GNMLS #216940 Report a problem
8/7/2026	Pending sale	$699,000$543/sqft
Source: GNMLS #216940 Report a problem
7/19/2026	Contingent	$699,000$543/sqft
Source: GNMLS #216940 Report a problem
6/19/2026	Price change	$699,000-5.4%$543/sqft
Source: GNMLS #216940 Report a problem
5/8/2026	Listed for sale	$739,000$574/sqft
Source: GNMLS #216940 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,759 -1.2%	$216,600
2023	$2,793 +2.7%	$216,600
2022	$2,720 +10.9%	$216,600
2021	$2,454 +0.3%	$216,600
2020	$2,447 +10.4%	$216,600
2019	$2,216 +1.2%	$216,600
2017	$2,189 -4.3%	$216,600 -4.7%
2016	$2,287 -1.3%	$227,300
2015	$2,316 -14.2%	$227,300
2014	$2,701 -6.6%	$227,300
2013	$2,893	$227,300
2010	--	$227,300
2009	--	$227,300