Tom Gavin

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Listing provided courtesy of HOMELAND REALTY WI LLC- MLS# 217295MLS Provider

15144 RASMUSSEN LNHiles, WI 54511

Single Family · 2 Beds · 2 Full Baths · 2,000 Sq. ft.
$799,900 Active

15144 RASMUSSEN LN Overview

Time on Site:
38 days
Visits:
7

A rare opportunity to own an EXTRAORDINARY WATERFRONT PROPERTY on one of Forest County’s most prestigious lakes! This exceptional 7+ acre parcel features over 213 feet of sandy frontage on crystal-clear Butternut Lake, offering the perfect setting to build your dream lakefront home or family retreat. With level frontage, towering trees, and plenty of space to explore, this remarkable property provides privacy, beauty, and endless recreational possibilities. Formerly a successful resort, the property still includes a cozy cabin, duplex, his-and-her outdoor privy, several camping sites, wells, and septic systems, creating immediate income potential or the opportunity for future development. Spend your days enjoying boating, fishing, swimming, ATVing, snowmobiling, and hunting, with the surrounding Nicolet National Forest offering year-round outdoor adventure right at your doorstep. This premier Butternut Lake property is the ultimate recreational building site and ideal Northwoods getaway. Call today to see this beautiful property!

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15144 RASMUSSEN LN Facts & Features

  • Type Single Family
  • Sq. ft. 2,000
  • Price/Sq.ft. $400

Details

General

Location/Region

  • County Or Parish: Forest
  • Postal City: Hiles
  • Township: FO Hiles

General Information

  • Ownership: Personal Rep
  • Parcel Number: PART OF 016-01244-0000
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 2

Building Interior

  • Above Grade Finished Area: 2000.0
  • Building Area Total: 2000.0

General Information

  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Levels: One
  • Stories: 1

Exterior

Parking Information

  • Parking Features: No Garage

Lot Information

  • Frontage Length: 213
  • Frontage Type: Lakefront
  • Lot Features: Buildable, Dead End, Lake Front, Private, Rural Lot, Secluded, Views, Wooded
  • Lot Size Square Feet: 304920.0
  • Water Source: Drilled Well, Shared Well

Waterfront/View

  • Water Body Name: BUTTERNUT
  • Waterfront Features: Shoreline - Sand, Shoreline - Gravel, Lake Front
  • Waterfront: Yes

Building Exterior/Construction

  • Architectural Style: One Story
  • Construction Materials: Frame
  • Property Attached: No

General Information

  • Other Structures: Bathroom
  • Road Frontage Type: Private Road, Town Road
  • Sewer: Conventional Sewer, Septic Tank
  • Utilities: Septic Available

15144 RASMUSSEN LN Neighborhood

Community

54511 (CAVOUR) Demographics

48
Median Age
5
Population Density (per sq. mile)
28%
College Educated
$53,080
Estimated Median Income
477
Estimated Total Home Owners
88
Estimated Total Renters
84% / 16%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

15144 RASMUSSEN LN Market Data

Based on the last 30 days in this zip code

$311,999
Average List Price
$257
Average Price per Square Foot
0
Properties Sold
138
Average Days on Market
22
Properties for Sale
Calculations provided by Reliance Network

15144 RASMUSSEN LN History

Date Event Value Agent
5/22/2026Source: Greater Northwoods MLS Added to Database
May 22, 2026