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.
For sale
Price cut: $99K (8/20)
$1,900,000
9625 Buskey Bay Dr, Iron River, WI 54847
8beds
6baths
6,524sqft
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
- 281 days
- 378
- 10
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#: 6122992
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
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Price change | $1,900,000-5%$291/sqft |
Source: | ||
| 5/26/2026 | Price change | $1,999,000-7%$306/sqft |
Source: | ||
| 8/11/2025 | Listed for sale | $2,150,000$330/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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


