15144 Rasmussen Ln

Three Lakes, WI 54562

$799,900
Price
2
Beds
2,000 Sq. Ft.
$400 / Sq. Ft.
2,000
Sq. Ft.
$400
per Sq. Ft.
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Description

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...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!
  1. Listed by KATHY FLANNERY • HOMELAND REALTY WI LLC
    P: (715)-889-0330 C: (715)-889-0330 kathyflannery1@gmail.com

Property Details for 15144 Rasmussen Lane

Architectural Style
One Story
View
Water
Has View
Yes
Waterfront Features
Lake Front
Has Waterfront
Yes
Zoning Description
Residential
LISTING UPDATED: 07/23/2026 01:18 AM

Property Details for 15144 Rasmussen Lane

StatusActive
MLS #217295
Days on Market10
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built-
Lot Size7.00 AC / 304,920 SF
CountyForest County
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Location

Listing Courtesy of HOMELAND REALTY WI LLC
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Building Information for 15144 Rasmussen Lane

Stories1Year Built-Building Size-Lot Size7.00 AC / 304,920 SF

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$4,584 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,066

Property Taxes

$518

HOA Dues

$0

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Property Information for 15144 Rasmussen Lane

Summary
Location and General Information
  • Directions: Take Hwy 70 east to Military Road. Turn right on Butternut Lake Road then Left on Rasmussen Lane to property on right.
  • Latitude: 45.919928
  • Longitude: -89.005794
  • Township: FO Hiles
  • Water Body Name: BUTTERNUT
Taxes and HOA
  • Parcel Number: PART OF 016-01244-0000
Parking
  • Garage: No
  • Parking Features: No Garage
Property
Lot Information
  • Frontage Length: 213.0
  • Frontage Length Remarks: 213
  • Frontage Type: Lakefront
  • Lot Features: Private, Secluded, Views, Wooded, Waterfront
  • Lot Size Square Feet: 304920.0
  • Public Survey Range: 12
  • Public Survey Section: 28
  • Public Survey Township: 40
  • Road Frontage Type: Private Road
  • Road Responsibility: Private Maintained Road
Property and Assessments
  • Above Grade Finished Area: 2000.0
  • Building Area Total: 2000.0
  • Living Area: 2000.0
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
Building Features
  • Construction Materials: Frame
  • Levels: One
  • Stories: 1
Utilities
  • Sewer: Septic Tank
  • Water Source: Shared Well
Interior and Exterior Features
Interior Features
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Total Fireplaces: 1
  • Has Fireplace: Yes
  • Heating: Propane
  • Has Heating: Yes
Room Information
Room 1
  • Level: First
  • Type: Bathroom
Room 2
  • Dimensions: 12x10
  • Level: First
  • Type: Kitchen
Room 3
  • Dimensions: 12x11
  • Level: First
  • Type: Bedroom
Room 4
  • Dimensions: 10x11
  • Level: First
  • Type: Living Room
Room 5
  • Dimensions: 12x10
  • Level: First
  • Type: Kitchen
Room 6
  • Dimensions: 10x11
  • Level: First
  • Type: Living Room
Room 7
  • Level: First
  • Type: Bathroom
Room 8
  • Dimensions: 12x11
  • Level: First
  • Type: Bedroom

Property History for 15144 Rasmussen Lane

DateEvent & SourcePriceAppreciation
May 21, 2026

Listed (Active)

Greater Northwoods MLS #217295

$799,900—
DateEvent & SourcePrice
05/21/2026

Listed (Active)

Greater Northwoods MLS #217295

$799,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 15144 Rasmussen Lane

Taxable ValueLand$298,100Additions$143,800Total$441,900
Tax Record2025$6,210 ($518 / month)
Home Facts
Beds0Lot Size778,853 SqFtStyleSingle Family ResidenceCountyFORESTAPN016-01244-0000

Schools near 15144 Rasmussen Lane

This home is within Three Lakes School District.
Rating
School
Type
Grades
Distance
Three Lakes Elementary School
Public - PK to 6
Three Lakes Junior High School
Public - 7 to 8
Three Lakes High School
Public - 9 to 12
Sugar Camp Elementary School
Public - PK to 6
Rating
School
Distance
Three Lakes Elementary School
PublicPK to 6

Three Lakes Junior High School
Public7 to 8

Three Lakes High School
Public9 to 12

Sugar Camp Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 15144 Rasmussen Lane, Three Lakes, WI 54562

15144 Rasmussen Lane is a single family home for sale in Three Lakes, WI 54562. This property was listed for sale on May 22, 2026 by HOMELAND REALTY WI LLC, it's currently listed at $799,900. This listing's school district is Three Lakes School District. Nearby schools include Three Lakes Elementary School, Three Lakes Junior High School and Three Lakes High School. 15144 Rasmussen Lane is a 2-bed, 2-bath, 2,000 sqft single family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of HOMELAND REALTY WI LLC

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Northwoods Association of REALTORS®. IDX information is provided exclusively for the 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 deemed reliable but not guaranteed. Copyright © 2026 Northwoods Association of REALTORS®. All rights reserved.