Rare opportunity to own a spacious lakefront property on beautiful Lake Alice at an incredible value. Currently set up as a bar/restaurant, this property offers endless potential for conversion into a private lake home. The open layout lends itself to a studio-style residence with the ability to create a private bedroom. Features include a large lot with level frontage, private boat landing, dock, expansive patio with gas run to tables, and outdoor bar. Inside you’ll find a large commercial kitchen, generous gathering space, and two half baths. There is room to add a garage, and some photos have been staged to show the home’s potential. Whether you envision a unique retreat or year-round residence, this lot and location on Lake Alice are a rare find at a very affordable price.
For sale
$600,000
W4096 Cth A, Tomahawk, WI 54487
--beds
2,100sqft
Est.:
Single Family Residence
Built in 1980
1.13 Acres Lot
$573,100 Zestimate®
$286/sqft
$-- HOA
What's special
Lakefront propertyBeautiful lake alicePrivate boat landingPrivate bedroomLarge commercial kitchenStudio-style residenceOutdoor bar
- 198 days |
- 871 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: January 20, 2026 at 07:53am
Listed by:
JACKIE LEONHARD TEAM 715-612-2673,
NORTHWOODS COMMUNITY REALTY, LLC
Source: GNMLS,MLS#: 214167
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 2
- 1/2 bathrooms: 2
Bathroom
- Level: First
Bathroom
- Level: First
Dining room
- Level: First
Entry foyer
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Utility room
- Level: First
Heating
- Forced Air, Propane
Cooling
- Central Air
Appliances
- Included: Dishwasher, Exhaust Fan, Electric Water Heater, Freezer, Gas Oven, Gas Range, Microwave, Some Commercial Grade
Features
- Wet Bar, Handicap Access, Cable TV
- Flooring: Carpet, Tile
- Basement: None
- Has fireplace: No
- Fireplace features: Pellet Stove
Interior area
- Total structure area: 2,100
- Total interior livable area: 2,100 sqft
- Finished area above ground: 2,100
- Finished area below ground: 0
Property
Parking
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Open, Patio
- Exterior features: Dock, Landscaping, Patio
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Shoreline - Sand, Shoreline - Rocky, Boat Ramp/Lift Access, Lake Front, River Front
- Body of water: ALICE
- Frontage type: Lakefront,River
- Frontage length: 100,100
Lot
- Size: 1.13 Acres
- Features: Lake Front, Level, Views
Details
- Parcel number: 01235072139989
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Frame, Log Siding
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Year built: 1980
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Conventional Sewer
- Water: Drilled Well
- Utilities for property: Cable Available, Phone Available, Underground Utilities
Community & HOA
Location
- Region: Tomahawk
Financial & listing details
- Price per square foot: $286/sqft
- Annual tax amount: $4,809
- Date on market: 9/5/2025
- Ownership: Fee Simple
Estimated market value
$573,100
$544,000 - $602,000
$1,755/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2025 | Listed for sale | $600,000$286/sqft |
Source:  GNMLS #214167 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$3,669/mo
Principal & interest
$2959
Property taxes
$710
More affordability tools
Climate risks
Neighborhood: 54487
Nearby schools
GreatSchools rating
- 6/10Tomahawk Elementary SchoolGrades: PK-5Distance: 4.1 mi
- 7/10Tomahawk Middle SchoolGrades: 6-8Distance: 4.1 mi
- 7/10Tomahawk High SchoolGrades: 9-12Distance: 4.1 mi
Schools provided by the listing agent
- Elementary: LI Tomahawk
- Middle: LI Tomahawk
- High: LI Tomahawk
Source: GNMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 54487
- Wisconsin
- Lincoln County
- Tomahawk
- 54487
- W4096 Cth A
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