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For sale
  • Price cut: $151K (5/26)
    $1,999,000

    9625 Buskey Bay Dr, Iron River, WI 54847

    8beds
    6baths
    6,524sqft
    : 
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    Multi Family
    Built in 2007
    -- sqft lot
    $-- Zestimate®
    $306/sqft
    $-- HOA

    What's special

    Waterfront homeHuge family roomMain floor laundry roomLarge storage roomGreat roomDining areaExpansive covered front porch
    Escape to the North! This waterfront home was built to accommodate a large family, a multi-generational family, for ownership by close friends, or let your imagination roam free! With a total of 8 bedrooms and 6 bathrooms, along with additional accommodations in the 2 log guest cabins, this waterfront estate is situated on over 2 acres with an astounding 475+/- feet of pristine frontage on Buskey Bay, one of seven interconnected lakes on the highly desirable Pike Chain of lakes near Iron River in far northern Wisconsin. The home has a common entry from the expansive covered front porch, and leads to two spacious units that are a "mirror image" of each other, each with these features: On the main floor of each unit there is a primary bedroom with a bathroom with a separate tub and shower and a large walk-in closet, a second bedroom that shares the primary bath and closet, plus a 1/2 bath next to a full open concept kitchen with pantry, dining area, great room, and main floor laundry room. The lower level of each unit has 2 bedrooms, a bathroom with a step-in shower, a huge family room and a large storage room. The home was built on the site of the historic Log Cabin Lodge, and the property includes 2 authentic log cabins from the lodge that create a warm, nostalgic ambiance that honors the property’s legacy. From your own backyard enjoy endless recreational opportunities like boating, fishing, kayaking, swimming, or exploring the trails, forests, and lakes of the Iron River area on your ATV or snowmobile. The large 4 car garage has plenty of storage space for your vehicles and an upper loft with plenty of room for recreational equipment. Located just about 10 minutes from downtown Iron River, 25 minutes to Lake Superior, and around 40 minutes to Duluth/Superior or Ashland. Whether you're seeking a multi-generational or multi-family retreat, a savvy investment, or a legacy property to share with generations, this estate delivers a blend of privacy, convenience, and natural beauty.
    235 days
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    405
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    9
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    Zillow last checked:

    Listing updated:

    Listed by:

    Mike Sauvola 715-813-0525,

    Coldwell Banker Realty - Iron River

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6122992MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 6
      Heating
      • Fireplace(s), Forced Air, Propane
      Appliances
      • Included: Water Heater - Electric, Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
      • Laundry: In Unit, Laundry Room, Main Level
      Features
      • Basement: Full,Egress Windows,Finished,Shared Access,Storage,Bath,Bedrooms,Family/Rec Room,Fireplace
      • Fireplace features: Basement
      Interior area
      • Total interior livable area: 6,524 sqft
      • Finished area above ground: 3,680
      • Finished area below ground: 2,844
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Off Street, Gravel, Detached, Multiple, Attic
      • Garage spaces: 4
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Deck, Porch
      • Exterior features: Dock
      • Has view: Yes
      • View description: Inland Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Gravel, Sand, Elevation-Low)
      • Body of water: Pike Chain
      • Frontage length: 475
      Lot
      • Size: 2.25 Acres
      • Features: Irregular Lot
      Details
      • Parcel number: 35683
      • Zoning description: Residential
      • Other equipment: Fuel Tank - Rented

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Vinyl, Frame/Wood
      • Foundation: Concrete Perimeter
      • Roof: Asphalt Shingle
      Condition
      • Previously Owned
      • Year built: 2007

      Utilities & green energy

      • Electric: Dahlberg
      • Sewer: Private Sewer, Drain Field
      • Water: Private, Drilled
      • Utilities for property: Fiber Optic

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Iron River

      Financial & listing details

      • Price per square foot: $306/sqft
      • Tax assessed value: $1,484,900
      • Annual tax amount: $21,859
      • Date on market: 11/21/2025
      • Cumulative days on market: 351 days
      • Tenant pays: Other
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,424/mo

        Price history

        DateEventPrice
        5/26/2026Price change$1,999,000-7%$306/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6122992 Report a problem
        8/11/2025Listed for sale$2,150,000$330/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6120998 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$18,250 +27.8%$1,407,200 +85.6%
        2023$14,282 +7.4%$758,300
        2022$13,295 +4.2%$758,300
        2021$12,763 -3.3%$758,300
        2020$13,204 -1.8%$758,300
        2019$13,451 -6.4%$758,300
        2017$14,369 -2.1%$758,300
        2016$14,671 -2.9%$758,300
        2015$15,114 +10.5%$758,300
        2013$13,675 +8.7%$758,300 +3.8%
        2011$12,576 -27.9%$730,300 -24.4%
        2010$17,434 $966,300
        Find assessor info on the county website

        Monthly payment

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        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.
        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: 54847

        Getting around

        6 / 100
        Car-Dependent
        11 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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