$585,000

1 Knapp Island, Cedar Lake Twp, WI 54817

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$585,000

1 Knapp Island Cedar Lake Twp, WI 54817 - Red Cedar

Active Contingent MLS# 6782199

4 beds 2 baths Single Family

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Data current as of 03/03/2026 01:23:12

Details for 1 Knapp Island

MLS# 6782199

Description for 1 Knapp Island, Cedar Lake Twp, WI, 54817 - Red Cedar


Once-in-a-generation opportunity to own your dream escape, and craft your own legacy on Knapp Island, a private island retreat on the pristine clear waters of Red Cedar Lake, one of the finest bodies of water in Northwest Wisconsin. Encompassing approximately two acres with hundreds of feet of shoreline, this rare offering is only two hours from Minneapolis-Saint Paul, and combines privacy, natural beauty, and panoramic lake views in all directions. There is nothing like it available for sale in the region with its exclusivity and unique charm.The Island is accessible by a short boat ride from the Stouts Island Lodge Shore House property. Knapp Island features a partially renovated, one of a kind three-bedroom historic lodge, with a huge great room/dining room/kitchen - dominated by two epic century old stone fireplaces and a west facing sun porch. The lodge was built in 1905 by the Knapp family, business partners with the Stouts that also built a lodge on a nearby island (now Stouts Island Lodge). It is a rare “time capsule” of turn of the century Northwoods craftsmanship, valued by preservationists and those that appreciate its rustic style and understand that it can be completed with all the luxurious modern amenities and systems a buyer would want. The island itself has multiple dock sites, swimming areas, wooded trails, garden sites, a site for glamping tents with their own bathroom facilities, and excellent fishing right at your doorstep. The lodge is sited almost on the water, which is no longer permitted, as 75 foot setbacks are now the requirement. This incomparable island is perfectly suited for those seeking a private getaway with endless potential.Red Cedar Lake is part of a 3-lake chain (with Hemlock and Balsam Lakes), providing over 2,300 acres of navigable waters for boating, sailing, water sports, and year-round enjoyment. Just minutes from the shoreline community of Mikana and within two hours of the Twin Cities, the island offers unmatched seclusion while still being convenient to dining, golf (on the lake!), and other amenities. Red Cedar has been known for over a century as an “old money” lake – tranquil, with minimal commercial development and low boat traffic compared to other regional lakes. When completed this magical island estate will be, without a doubt, one of the finest of its kind in both Wisconsin and Minnesota. Recent Improvements include: a new septic system, completed interior framing, substantial log repairs & replacement, interior upgrades including carefully enlarged window openings, and significant tree clearing. A perpetual easement will be provided to access parking and a boat slip at the Stout’s Island Lodge shore property on the west side of the lake. Access to the amenities at Stout's Island Lodge is negotiable.Whether envisioned as a private family legacy estate, luxury vacation rental, and/or a unique investment as luxury executive and/or creative retreat center, Knapp Island presents a truly remarkable and irreplaceable opportunity. Joint venture options and shared management with Stout’s Island Lodge are options and of interest to the lodge owners.

Listing Information


Property Type: Residential, Single Family

Status: Active Contingent-Other

Bedrooms: 4

Bathrooms: 2

Lot Size: 2.02 Acres

Year Built: 1905

Foundation: 1,162 sq ft

Stories: 2 Stories

Subdivision: Knapps Island

County: Barron

Days On Market: 166

Construction Status: Previously Owned

School Information


District: 4802 - Rice Lake Area

Room Information


Main Floor

Dining Room: 20x20

Foyer: 12x19

Kitchen: 15x19

Living Room: 19x30

Other: 9x8

Bathrooms

Full Baths: 2

Additonal Room Information

Other: Bathroom (6x8), Bathroom (8x12), Bedroom 1 (19x23), Bedroom 2 (9.5x12), Bedroom 3 (10x12), Bedroom 4 (8x12), Bonus Room (8x8)

Interior Features


Square Footage above: 0 sq ft

Fireplaces: 2

Accessibility: Other

Additional Interior Features: Natural Woodwork, Skylight

Utilities


Water: Well

Sewer: Septic System Compliant - Yes

Heating: Other, Fireplace

Exterior / Lot Features


Parking Description: Off Site

Exterior: Log

Roof: Asphalt Shingles

Lot View: Panoramic

Lot Dimensions: 480x134

Zoning: Other,Residential-Single Family

Additional Exterior/Lot Features: Panoramic View, Dock

Waterfront Details


Boat Facilities: Boat Facilities

Standard Water Body: Red Cedar

DNR Lake ID: 600090298

Water Front Features: Lake Front

Water Frontage Length: 1,256 Ft.

Lake Acres: 1,897

Lake Depth: 53 Ft.

Driving Directions


Northeast of Stout's Island Lodge parking lot.

Financial Considerations


Tax/Property ID: 010100016000

Tax Amount: 6769

Tax Year: 2024

HomeStead Description: Non-Homesteaded

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
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Schools nearby 1 Knapp Island

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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

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The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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