Bear Lake Ranch is a rare opportunity to own an extraordinary 274.87± acre Northwoods estate where luxury living, premier recreation, and exceptional wildlife habitat come together. The custom-built 3-bedroom, 3.5-bath home features central air conditioning, a backup generator, a den/flex room, and a spacious wraparound covered deck overlooking the breathtaking landscape of rolling fields, mature timber, ponds, and pristine waters. Adding to the property's character is a beautifully preserved fieldstone office built in 1938, offering a unique space for remote work, guests, or creative pursuits. Equestrian and hobby farm enthusiasts will appreciate the impressive 36x71 four-stall barn complete with tack room, feed room, second-floor hay loft, and a private guest room with balcony and an attached heated two car garage. Additional storage is provided by a 38x65 pole building with two enclosed lean-to storage areas featuring garage door access. The land is equally remarkable, featuring two spring-fed lakes, three ponds, approximately 37 acres of productive hayfield, roughly 15 acres of established food plots planted in corn, soybeans, and alfalfa, mature timber, and nearly five miles of maintained trails. The diverse habitat supports exceptional populations of whitetail deer, black bear, elk, turkey, grouse, waterfowl, and countless other wildlife species, creating a true sportsman's paradise. Whether your vision is a private family retreat, equestrian property, premier hunting preserve, conservation investment, or year-round luxury residence, Bear Lake Ranch offers a truly irreplaceable legacy property unlike any other in Northern Wisconsin.
For sale
$1,375,000
76248 Bear Lake Rd, Butternut, WI 54514
3beds
2,944sqft
Farm
Built in 2006
274.87 Acres Lot
$-- Zestimate®
$467/sqft
$-- HOA
What's special
Three pondsTwo spring-fed lakesBackup generatorCentral air conditioningMature timber
- 1 day |
- 372 |
- 28 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
MATT SCHULTZ 715-518-9041,
UNITED COUNTRY REAL ESTATE / NORTHERN WI LIFESTYLE PROPERTIES,
BRITTANY SCHULTZ 715-661-4976,
UNITED COUNTRY REAL ESTATE / NORTHERN WI LIFESTYLE PROPERTIES
Source: GNMLS,MLS#: 218133
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 12x13
Bedroom
- Level: Second
- Dimensions: 13x14
Bedroom
- Level: Second
- Dimensions: 12x14
Bathroom
- Level: Second
Bathroom
- Level: First
Bathroom
- Level: First
Bathroom
- Level: Basement
Bonus room
- Level: Basement
- Dimensions: 11x15
Entry foyer
- Level: First
- Dimensions: 7x6
Family room
- Level: Basement
- Dimensions: 16x24
Florida room
- Level: First
- Dimensions: 10x19
Kitchen
- Level: First
- Dimensions: 8x17
Laundry
- Level: Basement
- Dimensions: 7x16
Loft
- Level: Second
- Dimensions: 5x21
Storage room
- Level: Basement
- Dimensions: 7x10
Heating
- Baseboard, Forced Air, Floor Furnace, Propane, Wood
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Disposal, Propane Water Heater, Refrigerator, Some Commercial Grade, Water Softener, Washer/Dryer
- Laundry: Main Level
Features
- Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Carpet, Tile, Wood
- Basement: Full,Finished,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Gas, Wood Burning
Interior area
- Total structure area: 2,944
- Total interior livable area: 2,944 sqft
- Finished area above ground: 1,789
- Finished area below ground: 1,155
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage, Two Car Garage, Heated Garage, Storage, Driveway
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Covered, Deck
- Exterior features: Deck, Garden, Landscaping, Out Building(s), Propane Tank - Leased
- Frontage length: 0,0
Lot
- Size: 274.87 Acres
- Features: Farm, Pasture, Private, Pond on Lot, Rural Lot, Secluded, Tillable, Wooded
Details
- Additional structures: Barn(s), Garage(s)
- Parcel number: 7 Parcels
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Chalet/Alpine
- Property subtype: Farm
Materials
- Cedar, Log
- Roof: Composition,Metal,Shingle
Condition
- Year built: 2006
Utilities & green energy
- Sewer: Conventional Sewer
- Water: Drilled Well
Community & HOA
Community
- Security: Security System
Location
- Region: Butternut
Financial & listing details
- Price per square foot: $467/sqft
- Tax assessed value: $567,900
- Annual tax amount: $9,956
- Date on market: 6/27/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2026 | Listed for sale | $1,375,000+61.8%$467/sqft |
Source:  GNMLS #218133 Report a problem | ||
| 8/1/2017 | Sold | $850,000-26.1%$289/sqft |
Source: GNMLS #160438 Report a problem | ||
| 5/1/2017 | Listing removed | $1,150,000$391/sqft |
Source: First Weber Group #160438 Report a problem | ||
| 8/23/2016 | Listed for sale | $1,150,000$391/sqft |
Source: First Weber, Inc.-Park Falls #1500036 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,383 -0.5% | $381,800 |
| 2023 | $6,414 +3.7% | $381,800 +0.9% |
| 2022 | $6,187 -17.8% | $378,300 +0% |
| 2021 | $7,524 0% | $378,200 |
| 2020 | $7,525 -0.2% | $378,200 +0% |
| 2019 | $7,543 +10.1% | $378,100 +0% |
| 2018 | $6,851 +15.7% | $378,000 +5.8% |
| 2017 | $5,922 -0.6% | $357,400 |
| 2016 | $5,958 +1.2% | $357,400 |
| 2015 | $5,886 +7.3% | $357,400 -0.1% |
| 2014 | $5,487 -13.1% | $357,600 |
| 2013 | $6,313 +3% | $357,600 |
| 2012 | $6,128 | $357,600 |
| 2011 | -- | $357,600 |
| 2010 | $5,528 | $357,600 |
| 2009 | -- | $357,600 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: 54514
Nearby schools
GreatSchools rating
- 9/10Butternut Elementary SchoolGrades: PK-5Distance: 4.4 mi
- 4/10Butternut High SchoolGrades: 6-12Distance: 4.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Wisconsin
- Ashland County
- Glidden
- 54514
- 76248 Bear Lake Rd
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