9625 Buskey Bay Drive Iron River WI 54847 $1,800,000 Schedule Tour
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For Sale
$1,800,000

9625 Buskey Bay Drive, Iron River, WI 54847

8 beds · 6 baths (2 Full / 4 Half) · 7,360 sqft · $245/sqft · 2.25 acres · Built 2007 · 4-car garage

MLS# 1601501

About 9625 Buskey Bay Drive, Iron River, WI 54847

MOTIVATED SELLERS! Located on beautiful Buskey Bay, one of 7 interconnected lakes on the Pike Lake Chain in Iron River, Wisconsin, this family compound with a main lodge & 2 guest cottages provides opportunity for endless recreational activities like boating, fishing, kayaking, swimming, or exploring the trails, forests, and lakes of the Iron River area on your ATV or snowmobile.

This magnificent waterfront estate features symmetrical architectural design.

Built under one roofline, the grand property opens into two completely independent luxury wings.

With a total of eight bedrooms and six bathrooms, it offers the perfect balance of shared grandeur and absolute individual privacy.

Each side of the home mirrors the other in absolute perfect scale.

On the main level each private wing boasts a primary suite with a walk in closet and luxurious spa like bathroom with a separate tub and shower.

A secondary bedroom on the main level is supplemented by a half bath next to a full open concept kitchen with pantry, dining area, great room, and main floor laundry room.

The lower level of each unit has large 2 bedrooms, a bathroom with a step-in shower, a huge family room and a large storage room.

This structural layout provides independent luxury living, under a single commanding roofline—the ultimate configuration for co-buyers or multi-generational families.

Enhancing the hosting capacity are the two beautiful original log guest cabins nestled outside.

These cabins provide a rustic Northwoods contrast to the main estate, by complementing the modern luxury of the main home.

This incredible property is much more than just a simple multi family home.

It is an elite compound tailored explicitly for co-buyers or multi generational families.

Located just about 10 minutes from downtown Iron River, 25 minutes to Lake Superior, and around 40 minutes to Duluth/Superior or Ashland.

This is truly the ultimate private Northwoods retreat you have been waiting for.

Property Details

Style
One Story
Stories
1
Levels
One
Above Grade Finished
3,680 sq ft
Below Grade Finished
2,844 sq ft
Possession
Close Of Escrow
Heating
Forced Air
Cooling
Central Air
Electric
Circuit Breakers
Water
Private, Well
Sewer
Septic Tank
Foundation
Poured
Construction
Vinyl Siding
Appliances
Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Water Softener, Washer
Windows
Window Coverings
Basement
Egress Windows, Full, Partially Finished
Fireplace
Two, Wood Burning, Wood Burning Stove
Exterior Features
Dock
Patio & Porch
Composite, Deck, Open, Porch
Parking
Driveway, Detached, Garage, Gravel, Garage Door Opener
Other Structures
Guest House, Sheds
Waterfront
Lake
Water Frontage
475 ft
View
Water
HOA
None
School District
Maple
County
Bayfield
Township
Town of Iron River
Directions
From Iron River:<br>South on Hwy A 3 miles to Buskey Bay Dr on left.<br>Stay left on Buskey Bay Dr. then straight to destination.<br>Sign on Property.
Parcel Number
35683
Original List Price
$2,150,000
Previous Price
$1,900,000
Home Warranty
Included
Legal Description
LOT 1 CSM #1672 IN V.10 P.27 (LOCATED IN PIKE LAKE CONDOS) IN DOC 2023R-599161
Listing Brokerage
Coldwell Banker Realty~Iron River

Price & Listing History

  • Jul 2025 · Listed
    $2,150,000
  • Currently active · 436 days on market
    Now $1,800,000

Prior price and listing information from sources believed to be reliable, but no guarantees of accuracy and data has not been confirmed. Please confirm with county official documents.

About Buskey Bay

This property is on Buskey Bay, a lake in Bayfield County.

Surface area
88 acres
Max depth
51 ft

Public access: Public boat access available.

Fish species:
Musky Panfish Largemouth Bass Smallmouth Bass Northern Pike Walleye
Aquatic invasive species present: Chinese Mystery Snail, Eurasian Water-Milfoil, Purple Loosestrife, Rusty Crayfish, Yellow Iris

View Buskey Bay on the WI DNR lake portal →

Source: Wisconsin DNR · lake data as of May 2026. Lake information is provided for general reference only and may not reflect current conditions. Verify independently before making decisions.

Location

Iron River Area Schools

Maple School District

Elementary
Iron River Elementary (KG-05)
Middle
Northwestern Middle (06-08)
High
Northwestern High (09-12)

School information is sourced from public NCES data (assigned public schools from attendance-boundary data; nearby private schools and colleges by distance) and may change. Confirm directly with the school or district before relying on it.

Iron River Property Taxes

Annual tax
$21,859.65 (2025)
Parcel #
35683
County
Bayfield

Mortgage Calculator

Estimated monthly $0
Principal & interest
$0
Property tax (est.)
$0
Home insurance (est.)
$0

Estimate only. Insurance assumed at 0.4% of home price annually; property tax from MLS data when available, otherwise 1.5%. Not a loan offer — confirm with your lender.

More Homes near 9625 Buskey Bay Dr Iron River, WI 54847

This website is a service of 1 Reason Realty, a broker participant of the Northwestern Wisconsin MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.