This property is presently being run as a resort. Could easily be turned into a private retreat and home. The main floor unit is a bar grill, but could be turned inot a large livingroom, and kitchen area with ample room to make a nice large master bedroom. the upstairs already has 2 bedrooms and als 2 bathrooms. There is a detached garage and also some other out buildings that could be used for storage and family gatherings. Property borders public lands as well. Has 3 separated water fronts to enjoy. It could be used for your home as well as continuing to utilize the land for the present use.
For sale
$2,800,000
61925 Basswood Rd, Iron River, WI 54847
2beds
2,860sqft
Single Family Residence
Built in 1920
77 Acres Lot
$2,503,000 Zestimate®
$979/sqft
$-- HOA
What's special
Detached garageProperty borders public lands
- 59 days
- 291
- 4
Zillow last checked:
Listing updated:
Listed by:
Chase Miller 715-638-0172,
By the Bay Realty,
Rick Nettleton 715-209-1654,
By the Bay Realty
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6126737
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
- Full bathrooms: 2
- 1/4 bathrooms: 2
Heating
- Outdoor Boiler
Features
- Basement: Partial
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 2,860 sqft
- Finished area above ground: 2,860
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: Multi-Level
- On waterfront: Yes
- Waterfront features: Inland Lake, Waterfront Access(Private)
- Body of water: Basswood
- Frontage length: 2500
Lot
- Size: 77 Acres
- Dimensions: 1320 x 2600
Details
- Foundation area: 2100
- Parcel number: 37906
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Log, Wood, Frame/Wood
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- Previously Owned
- Year built: 1920
Utilities & green energy
- Electric: Xcel Energy
- Sewer: Private Sewer
- Water: Drilled
Community & HOA
HOA
- Has HOA: No
Location
- Region: Iron River
Financial & listing details
- Price per square foot: $979/sqft
- Annual tax amount: $4,146
- Date on market: 7/14/2026
- Cumulative days on market: 56 days
Estimated market value
$2,503,000
$2.38M - $2.65M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Listed for sale | $2,800,000+21.8%$979/sqft |
Source:  WIREX MLS #6126737 Report a problem | ||
| 2/24/2021 | Listing removed | -- |
Source:  NWWMLS Report a problem | ||
| 8/3/2020 | Listed for sale | $2,299,000$804/sqft |
Source: Keller Williams Premier/Woodbury #1545261 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
