9625 Buskey Bay Drive Iron River WI 54847 $1,999,000 Schedule Tour
9625 Buskey Bay Drive, Iron River, WI Waterfront
For Sale
$1,999,000

9625 Buskey Bay Drive, Iron River, WI 54847

8 beds · 6 baths (2 Full / 4 Half) · 7,360 sqft · $272/sqft · 2.25 acres · Built 2007

MLS# 1601501

About 9625 Buskey Bay Drive, Iron River, WI 54847

Escape to the North! This Side-by-Side Multigenerational Layout home was built to accommodate a large family or a multi-generational family.
With a total of 8 bedrooms and 6 bathrooms, along with additional accommodations in the 2 log guest cabins, this waterfront estate is situated on over 2 acres with an astounding 475+/- feet of pristine frontage on Buskey Bay, one of seven interconnected lakes on the highly desirable Pike Chain of lakes near Iron River in far northern Wisconsin.
The home has a common entry from the expansive covered front porch, and leads to two spacious units that are a “mirror image” of each other, each with these features:
On the main floor of each unit there is a primary bedroom with a bathroom with a separate tub and shower and a large walk-in closet, a second bedroom that shares the primary bath and closet, plus a 1/2 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 2 bedrooms, a bathroom with a step-in shower, a huge family room and a large storage room.

The home was built on the site of the historic Log Cabin Lodge, and the property includes 2 authentic log cabins from the lodge that create a warm, nostalgic ambiance that honors the property’s legacy.

From your own backyard enjoy endless recreational opportunities like boating, fishing, kayaking, swimming, or exploring the trails, forests, and lakes of the Iron River area on your ATV or snowmobile.

The large 4 car garage has plenty of storage space for your vehicles and an upper loft with plenty of room for recreational equipment.
Located just about 10 minutes from downtown Iron River, 25 minutes to Lake Superior, and around 40 minutes to Duluth/Superior or Ashland.

Whether you’re seeking a multi-generational or multi-family retreat, a savvy investment, or a legacy property to share with generations, this estate delivers a blend of privacy, convenience, and natural beauty.

Property Details

Listing Brokerage
Coldwell Banker Realty~Iron River

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

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Home insurance (est.)
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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.

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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.