$585,000
1 Knapp Island Cedar Lake Twp, WI 54817 - Red Cedar
Active Contingent MLS# 6782199
4 beds 2 baths Single Family
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
A broker reciprocity listing courtesy: Northco Real Estate Services
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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 & Tax Summary for 1 Knapp Island
Sales History
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Tax Summary
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Schools
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.
SchoolDigger ® Rating
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