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$519,500
/mo Edit
Single Family:  1 Story
3 br • 2 ba • Built 2004
1,104 sqft • 1.03 acres
Drummond Area schools
MLS# 6563237
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    Property Description

    This well-maintained vacation rental in Janes Bay could be a valuable addition to your financial portfolio. Featuring 3 bedrooms and 1.5 bathrooms, this four-season home boasts considerable potential, whether you choose to keep it as it is or expand. Despite its quaint size, it offers low bank waterfrontage and includes a spacious pole building currently used as a garage. The home comfortably sleeps up to eight guests, with ample space to add an RV outlet for additional accommodations. The current owner has kept impeccable business records. Located on one of Cable, WI's premier lakes, the property enjoys constant rental demand. Showings are available only on Saturdays from 10 AM to 2 PM due to its high occupancy rate.

    Listing

    Contingency: None
    Price per sq ft: $471
    City: Namakagon Twp
    County: Bayfield
    State: WI
    Property Style: 1 Story
    Zip Code: 54821

    Interior

    Living Area: 1,104 ft2
    Common Wall: No
    Appliances Included:
    • Dishwasher
    • Dryer
    • Microwave
    • Other
    • Range
    • Refrigerator
    • Washer
    Basement Details: Crawl Space

    Exterior

    Stories: One
    Garage Spaces: 4
    Garage Size: 1,350 ft2
    Air Conditioning: Window Unit(s)
    Foundation Size: 1,104 ft2
    Handicap Accessible: None
    Out Buildings: Pole Building
    Heating System: Baseboard
    Parking Features:
    • Asphalt
    • Detached
    Unit Amenities:
    • Cable
    • Deck
    • Dock
    • Porch
    Exterior Material: Vinyl Siding

    Rooms

    Full Baths: 1
    Half Baths: 1
    Main Level Size Sq Ft
    Living Room  12 x 16  192 
    Dining Room  12 x 7  84 
    Kitchen  12 x 15  180 
    Bedroom 1  10 x 10  100 
    Bedroom 2  10 x 10  100 
    Bathroom  7 x 5  35 
    Bathroom  5 x 5  25 
    Bedroom 3  8 x 10  80 

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Namekagon Lake (600004331)
    DNR Lake ID#: 600004331
    WF Frontage: 210
    Elev Highpt to WF feet: 10-15
    Lake Chain Name: N
    Lake Acres: 2897
    Lake Depth: 51
    Waterfront: Lake Front

    Lot & Land

    Acres: 1.03
    Geolocation: 46.203801, -91.072393
    Lot Dimensions: 0 x 0
    Zoning: Residential-Single Family

    Schools

    School District: 1491
    District Phone: 715-739-6669

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $2,272
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,272
    Association Fee Required: No

    Miscellaneous

    Fuel System: Propane
    Sewer System: Mound Septic
    Water System:
    • Drilled
    • Well

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

    Apply Online     Home Purchase Qualifier     Refinance Rate Checker    

    Listing provided by RMLS, courtesy of Elite Realty Group, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.