About This Home
This 6-bedroom, 4-bathroom single family at 11113 ALTERRA WAY in Arbor Vitae, WI is listed for $1,299,900. on a 13.26 acres lot.
Key Features
- 13.26 acre lot
Property Details
Amenities
Rare opportunity with 13.26 upland acres zoned All Purpose-Commercial in Arbor Vitae with approximately 1,000' of frontage on US Hwy 51! Conveniently located between Minocqua/Woodruff and Manitowish Waters/Boulder Junction, this versatile property offers exceptional highway exposure, easy access and a mix of mature woods and open fields.
Three existing residences provide immediate income potential, including a newer year-round 3BR/2BA and a 2BR/1BA home currently operating as successful short-term rentals with strong reviews. An additional 1BR/1BA home is rented month-to-month and features a full unfinished basement.
. Flexible zoning opens the door to numerous residential and commercial possibilities, including multi-family development,, storage, build-to-suit opportunities or continued rental use. Current owner has preliminary survey for 8 residential lots. Direct snowmobile trail access adds another Up North advantage. A unique investment and development opportunity in a highly visible Northwoods location!
Monthly Cost Estimate
$6,952/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
11113 ALTERRA WAY
Arbor Vitae, WI 54568
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Outdoor Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 6-bedroom, 4-bathroom single family at 11113 ALTERRA WAY is listed at $1,299,900. The estimated monthly payment is $6,952 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 13.26 acre lot. Interior Features: CeilingFans, CathedralCeilings, HighCeilings. Exterior Features: Patio, GravelDriveway.
This property is listed by JODI DROST and can be reached at 9202990912.