48285 Lake Knotting Lane

KEY DETAILS

Property Type

Residential

Style

Single Family Residence

Listing Status

Active

Purchase Type

For Sale

Square Footage

600 sqft

MLS Listing ID

1602071

Bedrooms

2

Full Baths

1

Year Built

1945

Annual Tax Amount

$2,540

Tax Year

2025

Lot Size

74.000 Acres

Acres

74

PROPERTY DESCRIPTION

Rare opportunity to own a legacy Northwoods retreat with approximately 650 feet of frontage on scenic Lake Knotting and 74 acres of beautifully diverse land. The west- and south-facing shoreline offers a sandy bottom, level elevation, and exceptional sunset views. Held by the same family for nearly 100 years, this remarkable property combines privacy, recreation, and future potential, including possible subdivision opportunities. The acreage features a mix of mature woodlands and wetlands bordering the Chequamegon National Forest, creating endless opportunities for hiking, trail development, wildlife observation, hunting, and outdoor exploration. Two charming seasonal cabins are positioned near the water’s edge. The larger cabin, built around 1945, includes two bedrooms, a sleeping den, a full bath, and classic Northwoods character. The second cabin, built in 1948, sits literally at the shoreline, where sunlight dances across the water and reflects throughout the interior. It offers a modernized kitchen, one bedroom, a sleeping room, and a water closet, with a separate shower house nearby. Additional improvements include a storage building for lake equipment, recreational gear, or an ATV. The property is accessed by a town road and served by underground electric, with fiber-optic internet available at the road. Located just minutes from Cable and its renowned network of motorized and non-motorized recreational trails, and a short drive to Lake Superior for sailing, fishing, and year-round adventure. Whether you envision preserving this unique property as a private family compound, creating a multi-generational retreat, or exploring future development possibilities, this extraordinary offering provides a rare chance to establish a lasting legacy in one of Wisconsin’s most sought-after recreational areas. Property is being sold Turnkey inclusive of furniture and furnishings and As-Is.

Location

State

WI

County

Bayfield

Body of Water

Knotting

Lake Size

76 acres

Township

Town of Grand View

Directions

From Cable: Hwy M East to Hwy D North to North Diamond Lake South to Lake Knotting Ln to fire #

Interior

Heating / Cooling

Baseboard, Other, See Remarks

Cooling

None

Basement

None

Has Basement

No

Fireplace

Yes

Total Rooms

7

Inclusions

Appliances

Electric Water Heater, Oven, Range, Refrigerator

Exterior

Exterior

Wood Siding

Exterior Features

Dock

Has Garage

No

Waterfront

Yes

Water Features

Lake

Water Frontage

650

Building

Architectural Style

Single Family Residence

New Construction

No

Levels

One

Year Built

1945

Total Sq Ft

600 sqft

Water / Waste

Holding Tank, Septic Tank

Utilities

Circuit Breakers

Lot

Acreage

74 acres

Lot Description

Waterfront

View

Lake

View Available

Yes

Schools

School District

Drummond Area

Taxes & Assessment

Annual Taxes

$2,540

Tax Year

2025

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