Exceptional investment opportunity at the northern tip of Door County Peninsula in Gills Rock! This turnkey, 4-unit short-term rental property boasts a proven track record with $79,000 in gross revenue for 2025. Designed for ultimate flexibility, the units can be rented individually or together as a whole, effortlessly accommodating varying guest counts across a total of 5 bedrooms and 5 full baths. The prime location is a water-lover's dream, situated just 500 feet from Mariners Park at Gills Rock only minutes from the Garret Bay launch for non-motorized watercraft. Offering incredible versatility, strong numbers, and an unbeatable location, this is the addition you portfolio has been waiting for. Complete list of local amenities and rental history available upon request.
Active-no offer
$579,900
12647 State Highway 42, Ellison Bay, WI 54210
5beds
5baths
3,302sqft
Multi Family
Built in 1984
-- sqft lot
$565,700 Zestimate®
$176/sqft
$-- HOA
What's special
- 32 days |
- 1,022 |
- 37 |
Zillow last checked:
Listing updated:
Listed by:
Steven T Finlay 920-471-6040,
Coldwell Banker Real Estate Group
Source: RANW as distributed by MLS GRID,MLS#: 50326640
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Dining room
- Dimensions: 18x13
Heating
- Forced Air
Cooling
- Forced Air, Central Air
Interior area
- Total interior livable area: 3,302 sqft
- Finished area above ground: 3,302
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Attached, Outside
- Has attached garage: Yes
Accessibility
- Accessibility features: 1st Floor Bedroom, 1st Floor Full Bath, Laundry 1st Floor, Level Drive, Level Lot
Lot
- Size: 0.52 Acres
Details
- Parcel number: 0180306322921J
- Zoning: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Poured Concrete
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Mound Septic
- Water: Well
Community & HOA
Location
- Region: Ellison Bay
Financial & listing details
- Price per square foot: $176/sqft
- Annual tax amount: $3,436
- Date on market: 6/3/2026
- Inclusions: Full list of AirBnB Inventory provided upon request.
- Exclusions: STR permits are not transferable. information provided upon request to submit application.
Estimated market value
$565,700
$537,000 - $594,000
$3,278/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Listed for sale | $579,900+5.5%$176/sqft |
Source: RANW as distributed by MLS GRID #50326640 Report a problem | ||
| 10/1/2025 | Listing removed | $549,900$167/sqft |
Source: | ||
| 9/17/2025 | Price change | $549,900-6%$167/sqft |
Source: RANW as distributed by MLS GRID #50306235 Report a problem | ||
| 5/1/2025 | Price change | $584,900-2.5%$177/sqft |
Source: RANW as distributed by MLS GRID #50306235 Report a problem | ||
| 1/14/2025 | Listed for sale | $599,900$182/sqft |
Source: | ||
| 1/11/2025 | Listing removed | $599,900$182/sqft |
Source: | ||
| 10/1/2024 | Listed for sale | $599,900+81.8%$182/sqft |
Source: RANW as distributed by MLS GRID #50298752 Report a problem | ||
| 5/12/2022 | Sold | $330,000-14.3%$100/sqft |
Source: | ||
| 11/29/2021 | Listed for sale | $385,000+10%$117/sqft |
Source: | ||
| 7/26/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/24/2018 | Listed for sale | $350,000+52.5%$106/sqft |
Source: Owner Report a problem | ||
| 10/18/2016 | Listing removed | $229,500$70/sqft |
Source: ERA Starr Realty #123314 Report a problem | ||
| 5/9/2016 | Price change | $229,500-8%$70/sqft |
Source: ERA Starr Realty #123314 Report a problem | ||
| 4/28/2015 | Price change | $249,500-3.9%$76/sqft |
Source: ERA Starr Realty #123314 Report a problem | ||
| 1/13/2015 | Price change | $259,500-3.7%$79/sqft |
Source: ERA Starr Realty #123314 Report a problem | ||
| 8/2/2013 | Listed for sale | $269,500-3.4%$82/sqft |
Source: ERA Starr Realty #123314 Report a problem | ||
| 2/20/2009 | Listing removed | $279,000$84/sqft |
Source: ERA #109993 Report a problem | ||
| 12/21/2008 | Listed for sale | $279,000$84/sqft |
Source: ERA #109993 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 54210
Nearby schools
GreatSchools rating
- 7/10Gibraltar Elementary SchoolGrades: PK-5Distance: 15 mi
- 7/10Gibraltar Middle SchoolGrades: 6-8Distance: 15 mi
- 9/10Gibraltar High SchoolGrades: 9-12Distance: 15 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Wisconsin
- Door County
- Ellison Bay
- 54210
- 12647 State Highway 42




