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For sale
  • $897,000

    5256 Highway 51, Manitowish Waters, WI 54545

    3beds
    3,253sqft
    : 
    $5,568/mo
    Get pre-qualified
    Single Family Residence
    Built in ----
    1.16 Acres Lot
    $-- Zestimate®
    $276/sqft
    $-- HOA

    What's special

    Brand-new high-end furnishingsThree beautifully updated unitsPrivate gated entranceSecure interior connectionsPrivate exterior entrances
    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.
    2 days
    586
    11

    Zillow last checked:

    Listing updated:

    Listed by:

    LINDA LONG TEAM 715-543-2544,

    REDMAN REALTY GROUP, LLC

    Source: GNMLS,MLS#: 219896MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 5
      • Full bathrooms: 3
      • 1/2 bathrooms: 2
      Bedroom
      • Level: First
      • Dimensions: 11'6x9'8
      Bedroom
      • Level: First
      • Dimensions: 15'10x12'4
      Bathroom
      • Level: First
      Bathroom
      • Level: First
      Bathroom
      • Level: First
      Bathroom
      • Level: First
      Den
      • Level: First
      • Dimensions: 14'2x12'5
      Dining room
      • Level: First
      • Dimensions: 9x7'1
      Entry foyer
      • Level: First
      • Dimensions: 24'8x9'1
      Great room
      • Level: First
      • Dimensions: 15'7x13'9
      Great room
      • Level: First
      • Dimensions: 30'4x12'5
      Kitchen
      • Level: First
      • Dimensions: 12'3x11'4
      Kitchen
      • Level: First
      • Dimensions: 8x9'8
      Living room
      • Level: First
      • Dimensions: 15'10x24'7
      Office
      • Level: First
      • Dimensions: 11'11x8'6
      Heating
      • Forced Air, Hot Water, Natural Gas, Radiant Floor
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
      • Laundry: Main Level
      Features
      • Main Level Primary
      • Flooring: Ceramic Tile, Luxury Vinyl Plank, Slate, Wood
      • Basement: Crawl Space
      • Number of fireplaces: 2
      • Fireplace features: Electric
      Interior area
      • Total structure area: 3,253
      • Total interior livable area: 3,253 sqft
      • Finished area above ground: 3,253
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: No Garage, Driveway
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Deck, Open
      • Exterior features: Deck, Landscaping, Paved Driveway
      • Frontage length: 0,0
      Lot
      • Size: 1.16 Acres
      • Features: Level, Wooded
      Details
      • Parcel number: 16124708
      • Zoning description: Other

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: One Story
      • Property subtype: Single Family Residence
      Materials
      • Cedar, Frame, Log Siding
      • Foundation: Block
      • Roof: Composition,Shingle

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Conventional Sewer
      • Water: Drilled Well

      Community & HOA

      Community
      • Features: Shopping, Skiing
      Location
      • Region: Manitowish Waters

      Financial & listing details

      • Price per square foot: $276/sqft
      • Annual tax amount: $2,250
      • Date on market: 10/3/2026
      • Ownership: Corporation

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/3/2026Listed for sale$897,000$276/sqft
        Source: GNMLS #219896 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 54545

        Getting around

        16 / 100
        Car-Dependent
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: VI North Lakeland
        • Middle: VI North Lakeland
        • High: ON Lakeland Union

        Source: GNMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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