11113 Alterra Way, Arbor Vitae, WI
$1,299,900
6
Beds
4
Baths
About 11113 Alterra Way
Rare opportunity with 13.26 upland acres zoned All Purpose-Commercial in Arbor Vitae with approximately 1,000' of frontage on US Hwy 51! Conveniently located between Minocqua/Woodruff and Manitowish Waters/Boulder Junction, this versatile property offers exceptional highway exposure, easy access and a mix of mature woods and open fields. Three existing residences provide immediate income potential, including a newer year-round 3BR/2BA and a 2BR/1BA home currently operating as successful short-term rentals with strong reviews. An additional 1BR/1BA home is rented month-to-month and features a full unfinished basement. . Flexible zoning opens the door to numerous residential and commercial possibilities, including multi-family development,, storage, build-to-suit opportunities or continued rental use. Current owner has preliminary survey for 8 residential lots. Direct snowmobile trail access adds another Up North advantage. A unique investment and development opportunity in a highly visible Northwoods location!
Features of 11113 Alterra Way
| MLS® # | 219857 |
|---|---|
| Price | $1,299,900 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Type | Single Family |
| Sub-Type | Residential |
| Style | One Story, Two Story |
| Status | Active |
Community Information
| Address | 11113 Alterra Way |
|---|---|
| City | Arbor Vitae |
| County | Vilas |
| State | WI |
| Zip Code | 54568 |
Amenities
| Utilities | Cable Available, Phone Available |
|---|---|
| Features | Buildable, Level, Open Space, Wooded |
| Parking | No Garage, Driveway |
| Garages | No Garage, Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Concrete, Laminate, Vinyl |
|---|---|
| Interior Features | Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Main Level Primary, Vaulted Ceiling(s) |
| Appliances | Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer |
| Heating | Forced Air, Natural Gas |
| Cooling | Central Air |
| Fireplace | Yes |
| Fireplaces | None |
| Stories | 1 |
| Has Basement | Yes |
| Basement | Full, Unfinished |
Exterior
| Exterior | Frame, Wood Siding |
|---|---|
| Exterior Features | Patio, Gravel Driveway |
| Lot Description | Buildable, Level, Open Space, Wooded |
| Roof | Composition, Metal, Shingle |
| Construction | Frame, Wood Siding |
| Foundation | Block, Slab |
School Information
| Elementary | ON Arbor Vitae-Woodruff |
|---|---|
| High | ON Lakeland Union |
Additional Information
| Date Listed | September 30th, 2026 |
|---|---|
| Days on Market | 5 |
| Short Sale | No |
| RE / Bank Owned | No |
| Taxes | $4,781 |
| Tax Year | 2025 |
| Agent | Jodi Drost |
| Office | REDMAN REALTY GROUP, LLC |
Listing Details
| Office | REDMAN REALTY GROUP, LLC |
|---|