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$585,000
/mo Edit
Single Family:  2 Stories
4 br • 2 ba • Built 1905
2.02 acres
Rice Lake Area schools
MLS# 6782199
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    Property Description

    Once-in-a-generation opportunity to own your dream escape, and craft your own legacy on Knapp Island, a private island retreat on the pristine clear waters of Red Cedar Lake, one of the finest bodies of water in Northwest Wisconsin. Encompassing approximately two acres with hundreds of feet of shoreline, this rare offering is only two hours from Minneapolis-Saint Paul, and combines privacy, natural beauty, and panoramic lake views in all directions. There is nothing like it available for sale in the region with its exclusivity and unique charm. The Island is accessible by a short boat ride from the Stouts Island Lodge Shore House property. Knapp Island features a partially renovated, one of a kind three-bedroom historic lodge, with a huge great room/dining room/kitchen - dominated by two epic century old stone fireplaces and a west facing sun porch. The lodge was built in 1905 by the Knapp family, business partners with the Stouts that also built a lodge on a nearby island (now Stouts Island Lodge). It is a rare “time capsule” of turn of the century Northwoods craftsmanship, valued by preservationists and those that appreciate its rustic style and understand that it can be completed with all the luxurious modern amenities and systems a buyer would want. The island itself has multiple dock sites, swimming areas, wooded trails, garden sites, a site for glamping tents with their own bathroom facilities, and excellent fishing right at your doorstep. The lodge is sited almost on the water, which is no longer permitted, as 75 foot setbacks are now the requirement. This incomparable island is perfectly suited for those seeking a private getaway with endless potential. Red Cedar Lake is part of a 3-lake chain (with Hemlock and Balsam Lakes), providing over 2, 300 acres of navigable waters for boating, sailing, water sports, and year-round enjoyment. Just minutes from the shoreline community of Mikana and within two hours of the Twin Cities, the island offers unmatched seclusion while still being convenient to dining, golf (on the lake!), and other amenities. Red Cedar has been known for over a century as an “old money” lake – tranquil, with minimal commercial development and low boat traffic compared to other regional lakes. When completed this magical island estate will be, without a doubt, one of the finest of its kind in both Wisconsin and Minnesota. Recent Improvements include: a new septic system, completed interior framing, substantial log repairs & replacement, interior upgrades including carefully enlarged window openings, and significant tree clearing. A perpetual easement will be provided to access parking and a boat slip at the Stout’s Island Lodge shore property on the west side of the lake. Access to the amenities at Stout's Island Lodge is negotiable. Whether envisioned as a private family legacy estate, luxury vacation rental, and/or a unique investment as luxury executive and/or creative retreat center, Knapp Island presents a truly remarkable and irreplaceable opportunity. Joint venture options and shared management with Stout’s Island Lodge are options and of interest to the lodge owners.

    Listing

    Contingency: None
    City: Cedar Lake Twp
    County: Barron
    State: WI
    Property Style: 2 Stories
    Zip Code: 54817
    Subdivision Name: Knapps Island

    Interior

    Common Wall: No
    Appliances Included: None
    Basement Details: None

    Exterior

    Stories: Two
    Garage Spaces: 0
    Other Parking Spaces: 0
    Air Conditioning: None
    Foundation Size: 1,162 ft2
    Handicap Accessible: Other
    Heating System: Fireplace(s)
    Parking Features: Off Site
    Unit Amenities:
    • Dock
    • Natural Woodwork
    • Panoramic View
    • Skylight
    Exterior Material: Log
    Roof Details: Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: 2
    Half Baths: None
    3/4 Baths: None
    Second Level Size Sq Ft
    Bedroom 1  19 x 23  437 
    Second Level Size Sq Ft
    Bonus Room  8 x 8  64 
    Second Level Size Sq Ft
    Bedroom 2  9.5 x 12  108 
    Second Level Size Sq Ft
    Bedroom 3  10 x 12  120 
    Second Level Size Sq Ft
    Bedroom 4  8 x 12  96 
    Second Level Size Sq Ft
    Bathroom  8 x 12  96 
    Second Level Size Sq Ft
    Bathroom  6 x 8  48 
    Main Level Size Sq Ft
    Kitchen  15 x 19  285 
    Other Room  9 x 8  72 
    Dining Room  20 x 20  400 
    Foyer  12 x 19  228 
    Living Room  19 x 30  570 

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Red Cedar Lake
    Waterfront View: Panoramic
    DNR Lake ID#: 600090298
    WF Frontage: 1256
    Lake Chain Name: N
    Lake Acres: 1897
    Lake Depth: 53
    Waterfront: Lake Front

    Lot & Land

    Acres: 2.02
    Geolocation: 45.619311, -91.589207
    Lot Dimensions: 480 x 134
    Zoning:
    • Other
    • Residential-Single Family

    Schools

    School District: 4802
    District Phone: 715-234-9007

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $6,769
    Lender-owned: Not disclosed
    Assessment Pending: Unknown
    Taxes w/ Assessments: $6,769
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Other
    Sewer System: Septic System Compliant - Yes
    Water System: Well

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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    Listing provided by RMLS, courtesy of Northco Real Estate Services.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.