$1,999,000

8 Beds 6 Baths 6,524 Sqft

9625 Buskey Bay Dr, Iron River, WI 54847

Property Type: Multi-Family
Building Type: Side X Side,1 Story
Time on Market: 227 days
Price per Sqft: $306
Lot Size: Irregular
Waterfront: Y
Garage: 4 Car
Total Taxes: $21,860
Est. Age: 11-20 Years
Virtual Tour: View Tour

Description

Escape to the North! This waterfront home was built to accommodate a large family, a multi-generational family, for ownership by close friends, or let your imagination roam free! With a total of 8 bedrooms and 6 bathrooms, along with additional accommodations in the 2 log guest cabins, this waterfront estate is situated on over 2 acres with an astounding 475+/- feet of pristine frontage on Buskey Bay, one of seven interconnected lakes on the highly desirable Pike Chain of lakes near Iron River in far northern Wisconsin. The home has a common entry from the expansive covered front porch, and leads to two spacious units that are a "mirror image" of each other, each with these features: On the main floor of each unit there is a primary bedroom with a bathroom with a separate tub and shower and a large walk-in closet, a second bedroom that shares the primary bath and closet, plus a 1/2 bath next to a full open concept kitchen with pantry, dining area, great room, and main floor laundry room. The lower level of each unit has 2 bedrooms, a bathroom with a step-in shower, a huge family room and a large storage room. The home was built on the site of the historic Log Cabin Lodge, and the property includes 2 authentic log cabins from the lodge that create a warm, nostalgic ambiance that honors the property?s legacy. From your own backyard enjoy endless recreational opportunities like boating, fishing, kayaking, swimming, or exploring the trails, forests, and lakes of the Iron River area on your ATV or snowmobile. The large 4 car garage has plenty of storage space for your vehicles and an upper loft with plenty of room for recreational equipment. Located just about 10 minutes from downtown Iron River, 25 minutes to Lake Superior, and around 40 minutes to Duluth/Superior or Ashland. Whether you're seeking a multi-generational or multi-family retreat, a savvy investment, or a legacy property to share with generations, this estate delivers a blend of privacy, convenience, and natural beauty.

Unit Breakdown

Unit Beds Full Baths Half Baths Sq Ft
Unit 1 4 3 3262
Unit 2 4 3 3262

Property Details

Interior

Baths:
  • Full Baths: 6
Sqft:
  • Total Sqft: 6,524

Exterior

Acreage:
  • Range: 1 to 4.99
Garage:
  • Details: 4 Car
  • Spaces: 4.0
Lot:
  • Size: Irregular
Parking:
  • Details: Off Street
Style:
  • Other
Water:
  • Body of Water: Pike Chain
  • Features: View of Water, Over 300 feet
  • Waterfront: Y

Misc.

New Construction:
  • N
Postal:
  • Code: 54847
Street:
  • Name: Buskey Bay Dr
  • Suffix: DRIVE
Tax Year:
  • 2025
Value Range:
  • Pricing: N

Map

Listing Agent-Provided Directions:
  • From Iron River: South on Hwy A 3 miles to Buskey Bay Dr on left. Stay left on Buskey Bay Dr. then straight to destination. Sign on Property.

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Schools and Neighborhood

School District:
  • Maple
Postal City:
  • Iron River
Municipality:
  • Name: IRON RIVER
  • Type: Town
County:
  • BAYFIELD

Market Comparison

How this property compares to local market averages — calculated 7/6/2026

This Property
Iron River Multi Family Home Avg
Bayfield County Multi Family Home Avg
List Price
$1,999,000
$1,179,450
$729,225
Median Price
$1,179,450
$344,450
Price / Sq Ft
$306
$0
$0
Days on Market
227 days
158 days
209 days
Total Listings
2
4

Listing Information

  • Time on Market: 227 days
  • Place Perfect Last Updated: 2026-05-26 10:06:50
  • MLS Number: 6122992
  • Subsystem Locale: WIREX_SAAR
  • Listing Office: Coldwell Banker Realty - Iron River
  • Listing Agent: Mike Sauvola
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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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