Address
607 4th St, Tomahawk, WI
Price
$ 599,000
Property Attributes
- MLS#218336
- TypeSingle Family
- Listing Status ActiveUnderContract
- CountyLincoln
- CityTomahawk
- AreaLI Tomahawk (City)
- Zip54487
- Style
- Taxes$ 4236
- Price$ 599,000
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3062
- Lot Size1 Acres
Data Source:
Greater Northwoods MLS (GNMLS)
Property Description
Rare Lake Mohawksin waterfront investment property for sale in Tomahawk, Wisconsin. Located in the heart of Tomahawk on a quiet Lake Mohawksin peninsula, 607 N. 4th Street offers nearly 300 feet of level lake frontage, panoramic water views, city utilities, and exceptional mixed-use potential. This unique Northwoods waterfront property includes three independent living spaces: a 2-bedroom main home, a separate 1-bedroom cottage, and a 1-bedroom cabin with sleeping loft and attached 2-car garage. Each dwelling features its own kitchen, bathroom, private entrance, and functional layout, creating 5 total bedrooms, 4 bathrooms, and strong flexibility for investors, owner-operators, or buyers seeking income-producing lakefront real estate. With its rare combination of multiple dwellings, level frontage, walkable downtown location, and direct access to Lake Mohawksin and the Wisconsin River system, this property is well positioned for short-term rental use, investment, boutique lodging, retreat lodging, staff housing, multi-generational living, or an owner-occupied waterfront rental setup, subject to buyer verification of zoning, licensing, and permitted uses. The level point setting offers excellent lake access, room for multiple docks, swimming frontage, spacious yard areas, wooded privacy, and water views from several angles. Lake Mohawksin is a popular Northwoods recreation destination known for boating, fishing, kayaking, wildlife, snowmobiling, ATV trails, and year-round outdoor recreation. Located minutes from restaurants, shops, groceries, downtown Tomahawk, trails, and everyday conveniences, this property combines waterfront lifestyle appeal with commercial visibility and investment flexibility. Two garages provide valuable storage for vehicles, boats, equipment, and recreational toys. Properties with this much Lake Mohawksin frontage, multiple independent units, city utilities, and income-producing potential rarely become available. Whether you a
| Price History | |
|---|---|
| 7/7/2026 | Listed $599,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | Baseboard,Electric,NaturalGas,WallFurnace,HotWater |
| Cooling | WallWindowUnits |
| Utilities | CableAvailable |
| Possession | Closing |
| Roof | Composition,Shingle |
| Construction Materials | VinylSiding |
| Electric | CircuitBreakers |
| View | Water |
| Township | LI Tomahawk (City) |
| Property Subtype | HotelMotel |
| Tax Year | 2025 |
| Waterfront Features | ShorelineFishermanWeeds,LakeFront |
| Business Name | Gallway Bay |
| County | Lincoln |
| Property Type | CommercialSale |
| Facing Direction | West |
| Other Structures | LivingQuarters,Outbuilding |
| Full Baths | 4 |
| Status | ActiveUnderContract |
| Directions | From stoplight in Tomahawk, go south on North 4th st. Turn right into Aquatic Arts and proceed past Aquatic Arts. Sign on property. |
| ModificationTimestamp | 2026-07-21T20:28:15.673-00:00 |
| City | Tomahawk |
| Body of Water | MOHAWKSIN |
| Number Of Units Total | 3 |
| Lot Size Square Feet | 27806 |
| Tax Annual Amount | 4236 |
| Standard Status | ActiveUnderContract |
| Ownership Type | FeeSimple |
| Property Sub Type Additional | MultiFamily |
| PostalCity | Tomahawk |
| Legal Description | SEC 34-35-06 CM NE CR GL 1 - S 969'- N 89DG 10' W 237.6' POB - N 87DG 40' W 167.5'- NELY ALG LK MOHAWK 283'- S 5DG 20' W 134' POB EX FLOW |
Interior Features
| Flooring | Carpet,Laminate,Mixed,Tile,Vinyl |
|---|---|
| Total Stories | 2 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 5 |
| Total Baths | 4 |
Exterior Features
| Parking Features | Private,Driveway,SharedDriveway |
|---|---|
| Lot Features | DeadEnd,LakeFront,Level,Views,Wooded |
| Water Source | Public |
| Inclusions | Real Estate Only |
| Building Area Total | 3062 |
| Road Surface Type | Paved |
| Frontage Length | 294 |
| Frontage Type | Lakefront |
| Waterfront Y/N | true |
| Road Frontage Type | CityStreet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 54487
Price
Taxes
Greater Northwoods MLS: Northwoods Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
