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!
For sale
$739,000
10990 Knapp Rd, Three Lakes, WI 54562
3beds
1,288sqft
Est.: Get pre-qualified
Single Family Residence
Built in ----
1.96 Acres Lot
$698,300 Zestimate®
$574/sqft
$-- HOA
What's special
Breathtaking viewsFull walkout basementLarge deck
- 22 days |
- 1,411 |
- 48 |
Zillow last checked:
Listing updated:
Listed by:
HEIDI KRUSENSTERNA,
CENTURY 21 BURKETT - THREE LKS
Source: GNMLS,MLS#: 216940
Tour with a local agent
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: $574/sqft
- Tax assessed value: $373,900
- Annual tax amount: $3,059
- Date on market: 5/8/2026
- Ownership: Fee Simple
Estimated market value
$698,300
$663,000 - $733,000
$1,458/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 | -- | $227,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 54562
Nearby schools
GreatSchools rating
- 8/10Three Lakes Elementary SchoolGrades: PK-6Distance: 11.3 mi
- 7/10Three Lakes Junior High SchoolGrades: 7-8Distance: 11.3 mi
- 5/10Three Lakes High SchoolGrades: 9-12Distance: 11.3 mi
Schools provided by the listing agent
- Elementary: ON Three Lakes
- Middle: ON Three Lakes
- High: ON Three Lakes
Source: GNMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Wisconsin
- Forest County
- Three Lakes
- 54562
- 10990 Knapp Rd
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