Sold for $375,000

$375,000

776 Main St, LaPointe, WI 54850

7beds

3,150sqft

Single Family Residence

Built in 1970

0.41 Acres Lot

$393,100 Zestimate^®

$119/sqft

$3,049 Estimated rent

Home value

$393,100

$358,000 - $432,000

$3,049/mo

Zestimate^® history

Owner options

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$3,049/mo

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$3,049/mo

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$2,507/mo

Est. payment

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$2,507/mo

Est. payment

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What's special

Vacation home for you and your extended family or a business opportunity just in time for the upcoming bustling summer season on Madeline Island! The Ferry Landing Suites are located in the heart of downtown La Pointe and right across from Lake Superior, making them a very popular vacation rental. The Ferry Landing consists of three suites and one studio: the Island Queen, the Bayfield, the Niche, and the Windsled. All suites feature open floor plans with spacious living and dining rooms, two bedrooms/one bathroom, and fully equipped kitchens. In addition, each suite has a private deck with lake or downtown views (with the Bayfield offering two decks). The large Windsled studio has all the essentials and could remain a rental unit or get transformed into a retail space. With its prime location, commercial zoning and excellent seasonal income, this property makes a great investment - don't miss out on it!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4
3/4 bathrooms: 4
Main level bedrooms: 1

Heating

Baseboard, Electric

Cooling

Wall Unit(s)

Features

Flooring: Hardwood Floors
Doors: Patio Door
Windows: Wood Frames
Has basement: No
Has fireplace: No

Interior area

Total interior livable area: 3,150 sqft
Finished area above ground: 3,150
Finished area below ground: 0

Property

Parking

Parking features: None

Accessibility

Accessibility features: Grab Bars In Bathroom

Features

Patio & porch: Deck
Has view: Yes
View description: Lake Superior, Typical
Has water view: Yes
Water view: Lake Superior

Lot

Size: 0.41 Acres
Dimensions: 100' x 180'

Details

Parcel number: 014004330100
Zoning description: Business/Commercial

Construction

Type & style

Home type: SingleFamily
Architectural style: Other
Property subtype: Single Family Residence

Materials

Wood, Frame/Wood
Roof: Asphalt Shingle

Condition

Previously Owned
Year built: 1970

Utilities & green energy

Electric: Xcel Energy
Sewer: Public Sewer
Water: Drilled, Private
Utilities for property: Fiber Optic

Community & HOA

HOA

Has HOA: No

Location

Region: La Pointe

Financial & listing details

Price per square foot: $119/sqft
Tax assessed value: $404,100
Annual tax amount: $5,482
Date on market: 4/26/2024
Cumulative days on market: 9 days
Listing terms: Cash,Conventional
Road surface type: Paved

Price history

Date	Event	Price
5/3/2024	Sold	$375,000-1.3%$119/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113066 Report a problem
4/26/2024	Pending sale	$380,000$121/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113066 Report a problem
4/14/2024	Contingent	$380,000$121/sqft
Source: WIREX MLS #6113066 Report a problem
4/11/2024	Listed for sale	$380,000+53.2%$121/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113066 Report a problem
9/3/2019	Sold	$248,000-7.8%$79/sqft
Source: Public Record Report a problem
5/23/2019	Listed for sale	$269,000$85/sqft
Source: eXp Realty, LLC- WI #6083144 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,146 +5.5%	$374,900
2024	$7,718 +26.1%	$374,900 +72.3%
2023	$6,121 +9.4%	$217,600
2022	$5,596 +0.4%	$217,600
2021	$5,571 +2.6%	$217,600
2020	$5,430 +4.9%	$217,600
2019	$5,175 +5.8%	$217,600
2018	$4,889 +2.3%	$217,600
2017	$4,780 +0.7%	$217,600
2016	$4,747 +3.7%	$217,600
2015	$4,576 +16.3%	$217,600 -0.3%
2014	$3,935 -3.6%	$218,300
2013	$4,081 +1%	$218,300
2012	$4,041	$218,300
2011	--	$218,300
2010	$3,998	$218,300
2009	--	$218,300