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11400 Santo Rd 4 Unit Apartment Building $4,577,592 CAD ($1,144,398 CAD/Unit) Woodruff, WI 54568



Investment Highlights
- Existing zoning permits operation of the guest cottages as a rental business.
- Features 2,493 feet of frontage on Verna Lake plus Verna Creek frontage.
- Approximately seven miles from downtown Minocqua and area services.
- Includes three year-round detached guest cottages for lodging flexibility.
- Adjacent to State Forest lands with extensive recreational access.
- Includes paved parking, heated garages, workshop space, and backup generators.
Executive Summary
Positioned on 34.5 acres in Wisconsin's Northwoods tourism region, this waterfront hospitality and investment property presents a unique opportunity for lodging, retreat, corporate getaway, or income-producing ownership. The property includes a custom-built primary residence complemented by three year-round guest cottages, creating a flexible accommodation offering with existing zoning that permits cottage rental operations. The combination of private waterfront access, multiple residential structures, and significant land holdings provides a foundation for a variety of hospitality, executive retreat, recreational, or lodging-related business models.
Located approximately seven miles from downtown Minocqua and within close proximity to regional transportation access, the property benefits from convenient connectivity while maintaining a secluded setting. Verna Lake is characterized by limited ownership, and the property's substantial frontage, creek frontage, and adjacency to State Forest lands create a highly distinctive environment that supports destination-oriented uses. The surrounding area is well known for outdoor recreation, seasonal tourism, and year-round visitor demand generated by fishing, boating, hunting, snowmobiling, and Northwoods vacation travel.
The main residence features quality construction, multiple gathering areas, a gourmet kitchen, screened porches, expansive deck areas, and accommodations suitable for owner occupancy, executive lodging, or guest use. Three detached guest cottages provide additional lodging capacity and operational flexibility. Property improvements include paved parking areas, heated garage facilities, workshop space, backup generators, security systems, private beach frontage, and professionally maintained grounds. The scale of the land, waterfront amenities, and existing improvements create a compelling opportunity for investors, operators, or owners seeking a hospitality-focused asset with both recreational appeal and income potential.
Located approximately seven miles from downtown Minocqua and within close proximity to regional transportation access, the property benefits from convenient connectivity while maintaining a secluded setting. Verna Lake is characterized by limited ownership, and the property's substantial frontage, creek frontage, and adjacency to State Forest lands create a highly distinctive environment that supports destination-oriented uses. The surrounding area is well known for outdoor recreation, seasonal tourism, and year-round visitor demand generated by fishing, boating, hunting, snowmobiling, and Northwoods vacation travel.
The main residence features quality construction, multiple gathering areas, a gourmet kitchen, screened porches, expansive deck areas, and accommodations suitable for owner occupancy, executive lodging, or guest use. Three detached guest cottages provide additional lodging capacity and operational flexibility. Property improvements include paved parking areas, heated garage facilities, workshop space, backup generators, security systems, private beach frontage, and professionally maintained grounds. The scale of the land, waterfront amenities, and existing improvements create a compelling opportunity for investors, operators, or owners seeking a hospitality-focused asset with both recreational appeal and income potential.
Property Facts
| Price | $4,577,592 CAD | Apartment Style | Single-Family Home |
| Price Per Unit | $1,144,398 CAD | Lot Size | 34.50 AC |
| Sale Type | Investment | Building Size | 5,600 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1993 |
| Property Subtype | Apartment | ||
| Zoning | Forestry | ||
| Price | $4,577,592 CAD |
| Price Per Unit | $1,144,398 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Lot Size | 34.50 AC |
| Building Size | 5,600 SF |
| No. Stories | 1 |
| Year Built | 1993 |
| Zoning | Forestry |
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Exceptionally drivable
100/100
Somewhat bikeable
20/100
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