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Investment Highlights

  • 1,900 feet of pristine Moen Lake frontage with sandy beach and gentle swimming area
  • 5,000 sq ft recreation hall plus multiple rental cabins and owner’s residence (ideal B&B conversion)
  • Strong value-add opportunity — ready for the right investor to restore this landmark
  • Historic 1920s Pine Valley Lodge featuring full-liquor license bar and lounge
  • 27 acres of Northwoods privacy — perfect for family reunions, corporate retreats, weddings, or private estate
  • Convenient Northwoods location with easy access from Milwaukee, Madison & Chicago

Executive Summary

This historic Northwoods resort, known as Pine Valley Lodge, sits on 27 acres with 1,900 feet of direct frontage on the Moen Lake Chain. The property includes a classic 1920s lodge with full liquor license bar and lounge, a spacious 5,000 sq ft recreation hall, multiple guest cabins, an owner’s residence ideal for bed-and-breakfast conversion, and a beautiful sandy beach area. Positioned as a strong value-add opportunity, the resort offers endless potential for the right investor or family to restore and elevate this landmark. Located in the heart of the Northwoods with convenient access from Milwaukee, Madison, and Chicago.

Attachments

GIS

Property Facts

Price $1,499,999
Price Per SF $1.27
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype Lodge/Meeting Hall
Building Class C
Lot Size 27.28 AC
Building Size 1,180,000 SF
No. Stories 2
Year Built/Renovated 1974/1980
Corridor Exterior
Zoning Recreational

Amenities

  • Tennis Court
  • Waterfront
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
02801-0686-0000
Land Assessment
$443,600
Improvements Assessment
$443,800
Total Assessment
$887,400
  • Listing ID: 40681173

  • Date on Market: 5/27/2026

  • Last Updated:

  • Address: 3980 Lakeshore Dr, Rhinelander, WI 54501

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