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Mixed-Use Land for Sale in Woodruff, Wisconsin

11121 Alterra Way, Woodruff, WI 54568

$1,299,900
13.3 acres
Active sale
ago
Est $7,040/mo

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!

—
Sq feet
6
Beds
4
Full baths

Location

Street address
11121 Alterra Way
Zip code
54568
Elevation
1,652 feet
Coordinates
45.9364, -89.6982

Directions

From Minocqua, N on Hwy 51 just north of the Harley Dealership on the West side.

Property details

Acreage
13.27 acres
MLS #
GNMLS 219858
Posted

Property taxes

2025
$4,781 - PRT GOVT LOT 2

Parcels

  • 2-628

Details and features

Listing

Type
Commercial Sale
Subtype
Office

Lot

Features
Level, Private, Rural Lot, Secluded, Wooded

Exterior

Structures
Outbuilding

Structure

Water
Well
Heating
Forced Air, Natural Gas
Cooling
Central Air
Materials
Frame, Wood Siding
Roof
Composition, Metal, Shingle

Interior

Rooms
Bathroom x 4, Bedroom x 6
Flooring
Carpet, Concrete, Laminate, Vinyl

Property utilities

CategoryTypeStatus
GasNatural GasConnected

Listing history

DateEventPriceChangeSource
Oct 1, 2026New listing$1,299,900—GNMLS
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This 13.27-acre property is located at 11121 Alterra Way in Woodruff, WI 54568. The property is available for sale, priced at $1,299,900. It has a 6-bedroom, 4-bath house.

Listed by Redman Realty Group, (715) 358-0450

Checked 2 hours agoUpdated

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