$819,990

2 Beds 1 Baths 600 Sqft

48285 Lake Knotting Lane, Cable, WI 54821

Property Type: Single-Family
Building Type: 1 Story,3-Season
Time on Market: 3 hours
Price per Sqft: $1,367
Lot Size: 0 x 0 x
Waterfront: Y
Garage: Y
Total Taxes: $2,540
Est. Age: 21+ Years

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 Details

Interior

Appliances:
  • Range/Oven, Refrigerator
Basement:
  • None / Slab, Other-See Remarks
Baths:
  • Full Baths: 1
Heating/Cooling:
  • None, Baseboard, Other
Heat Fuel:
  • Wood
Interior Features:
  • Circuit Breakers, High Speed Internet
Sqft:
  • Total Sqft: 600
  • Estimated Sqft Range: 750 or less

Rooms

Room Basement Level Lower Level Main Level Upper Level
Master Bedroom 9x10
Bedroom 2 7x11
Kitchen 6x11
Living Room 11x11

Exterior

Acreage:
  • Range: 20+
Exterior:
  • Wood
Garage:
  • Details: None
Lot:
  • Size: 0 x 0 x
Outbuildings:
  • Guest House, Storage Shed, Other
Water:
  • Body of Water: Knotting
  • Features: Over 300 feet, Bottom-Sand, Shore-Vegetation, Dock/Pier, Lake, Waterfrontage on Lot
  • Waterfront: Y
Water/Waste:
  • Holding Tank, Well

Misc.

New Construction:
  • N
Postal:
  • Code: 54821
Street:
  • Name: Lake Knotting Lane
  • Suffix: LANE
Tax Year:
  • 2025
Zoning:
  • Forestry,Residential,Shoreline

Map

Listing Agent-Provided Directions:
  • From Cable: Hwy M East to Hwy D North to North Diamond Lake South to Lake Knotting Ln to fire #

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Schools and Neighborhood

School District:
  • Drummond
Postal City:
  • Cable
Municipality:
  • Name: GRAND VIEW
  • Type: Town
County:
  • BAYFIELD

Market Comparison

How this property compares to local market averages — calculated 6/10/2026

This Property
Cable Single Family Home Avg
Bayfield County Single Family Home Avg
List Price
$819,990
$900,865
$624,023
Median Price
$650,000
$425,000
Price / Sq Ft
$1,367
$642
$417
Days on Market
3 hours
59 days
88 days
Total Listings
26
125

Listing Information

  • Time on Market: 3 hours
  • Place Perfect Last Updated: 2026-06-09 14:52:03
  • MLS Number: 1602071
  • Subsystem Locale: WIREX_NWW
  • Listing Office: McKinney Realty LLC
  • Listing Agent: Scott McKinney
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This information is provided by WIREX via the REALTORS Association of Northeast Wisconsin multiple listing service and is exclusively for consumers’ personal, non-commercial use. Information is deemed reliable but not guaranteed.

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