$819,990
 $4,402 est/mo Sourced by Back At You

48285 Lake Knotting Lane,Cable, WI 54821

Cable, WI 54821

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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.

Details

MLS #1602071
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1945
Days On Site76
Listing Provided ByMcKinney Realty LLC | Scott McKinney

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet600
Story(s)1
ZoningForestry,Residential,Shoreline
Acreage74.00
Water FrontYes
Property ViewYes

Parking

Garage Yes / NoNo
Parking FeaturesNo Garage, Other, See Remarks

Taxes

Tax Annual Amount2540.42

Area Information

StateWI
CountyBayfield
CityCable
Zip Code54821
Listing VS Median (in 54821)
Price:
$819,990
low | high
Med:
$415,000
99.389626702765% of Average
sqft:
600
low | high
Med:
2,072
100% of Average
$ / sqft:
$1,367
low | high
Med:
$200
100% of Average
On site:
76
low | high
Med:
7
100% of Average
Sourced by Back At You

Market Activity 54821

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Learn More About This Property

StateWI
CountyBayfield
CityCable
Zip Code54821
Listing VS Median (in 54821)
Price:
$819,990
low | high
Med:
$415,000
99.389626702765% of Average
sqft:
600
low | high
Med:
2,072
100% of Average
$ / sqft:
$1,367
low | high
Med:
$200
100% of Average
On site:
76
low | high
Med:
7
100% of Average
Sourced by Back At You
Listing Updated: July 10, 2026 at 1:59:49 PM PDT