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3980 Lakeshore Dr 1,180,000 SF Specialty Building Offered at $1,499,999 in Rhinelander, WI 54501



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.
Property Facts
| Price | $1,499,999 | Lot Size | 27.28 AC |
| Price Per SF | $1.27 | Building Size | 1,180,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Specialty | Year Built/Renovated | 1974/1980 |
| Property Subtype | Lodge/Meeting Hall | Corridor | Exterior |
| Building Class | C | ||
| Zoning | Recreational | ||
| 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
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Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 02801-0686-0000 | Improvements Assessment | $443,800 |
| Land Assessment | $443,600 | Total Assessment | $887,400 |
Property Taxes
Parcel Number
02801-0686-0000
Land Assessment
$443,600
Improvements Assessment
$443,800
Total Assessment
$887,400
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Presented by
Empire Real Estate
3980 Lakeshore Dr
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