5630 Rush Rd, Conover, WI 54519

$3,750,000

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List Price
$3,750,000
MLS#
218055
Status
ACTIVE UNDER CONTRACT
County
Vilas
City
Conover

Property Description

Own a premier, waterfront resort destination at Buckatabon Lodge and Campground, spanning 32.97 wooded acres with 459 feet of sandy shoreline on Lower Buckatabon Lake. Offered well below appraised value, this asset is being sold through court-appointed receivership "as-is, where-is" including all real estate, fixtures, personal property, and a Class B liquor license. The property features 134 premium campsites, including 87 seasonal rentals providing stable, recurring income, and 47 short-term sites for overnight travelers. The estate boasts a world-class lakefront and private harbor with docking space for fishing boats and pontoon rentals on an 800+ acre lake. Positioned as an ultimate four-season recreation hub, the resort provides direct access to Vilas County’s legendary snowmobile, ATV, and UTV trail systems. Massive infrastructure upgrades completed during a recent 2022-2023 expansion serve as the epicenter of guest fun. A grand clubhouse features a check-in desk, ice cream parlor, and a large gathering hall perfect for events, reunions, and weddings. Located next to the clubhouse is a private, lined swimming pond flanked by outdoor courts for pickleball, basketball, and bag-toss. Premium lodging includes three modern, pond-side cabins sleeping up to 6 guests each, plus an expansive 3-bedroom lakeside cabin ideal for rentals or an owner residence. A multi-stall shower house, laundry facility, and an arcade structure complete the recent additions. Complementing these updates is the historic Lakeside Lighthouse Pub, a charming bar and grill perched right at the water's edge to pull in boaters, snowmobilers, and locals. This receivership sale represents a massive value-add play for commercial investors. Contact the listing office today to request to schedule a tour.

Additional Information

Days on Market
92
Cooling
Central Air
Heating
Baseboard, Electric, Forced Air, Natural Gas, Hot Water
Exterior Features
Sprinkler/Irrigation
Roof
Composition, Shingle

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Calculator source: Real Geeks

Listing courtesy of ELIASON REALTY - LAND O LAKES.