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For sale
  • Price cut: $99K (8/20)
    $1,900,000

    9625 Buskey Bay Dr, Iron River, WI 54847

    8beds
    6baths
    6,524sqft
    : 
    $11,921/mo
    Get pre-qualified
    Multi Family
    Built in 2007
    -- sqft lot
    $-- Zestimate®
    $291/sqft
    $-- HOA

    What's special

    Waterfront estateMain floor laundry roomSix bathroomsLarge storage roomGreat roomDining areaEight bedrooms
    Imagine launching your own pontoon boat on beautiful Buskey Bay, one of 7 interconnected lakes on the Pike Lake Chain in Iron River, Wisconsin. 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. Now repositioned at $1,900,000, this magnificent waterfront estate features symmetrical architectural design. This is not a duplex -- Built under one roofline, the grand property opens into two completely independent luxury wings. With a total of eight bedrooms and six bathrooms, it offers the perfect balance of shared grandeur and absolute individual privacy. Each side of the home mirrors the other in absolute perfect scale. On the main level each private wing boasts a primary suite with a walk in closet and luxurious spa like bathroom with a separate tub and shower. A secondary bedroom on the main level is supplemented by a half 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 large 2 bedrooms, a bathroom with a step-in shower, a huge family room and a large storage room. This structural layout provides independent luxury living, under a single commanding roofline—the ultimate configuration for co-buyers or multi-generational families. Enhancing the hosting capacity are two beautiful original log guest cabins nestled outside. These cabins provide a rustic Northwoods contrast to the main estate, by complementing the modern luxury of the main home. This incredible property is much more than just a simple multi family home. It is an elite compound tailored explicitly for co-buyers or multi generational families. Located just about 10 minutes from downtown Iron River, 25 minutes to Lake Superior, and around 40 minutes to Duluth/Superior or Ashland. This is truly the ultimate private Northwoods retreat you have been waiting for.
    281 days
    380
    11

    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

      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: $291/sqft
      • Tax assessed value: $1,484,900
      • Annual tax amount: $21,859
      • Date on market: 11/21/2025
      • Cumulative days on market: 397 days
      • Tenant pays: Other
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,424/mo

        Price history

        DateEventPrice
        8/20/2026Price change$1,900,000-5%$291/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6122992 Report a problem
        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

        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.
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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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