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MLS# 1574197
$624,900
Own a piece of Iconic Bayfield WI, Lucy’s Place is an established bed and breakfast, featuring 4 ensuites for rent, and a separate owner’s wing. Each ensuite features a private bath with jetted tub. in Lake superiors views from the garden, or walk a few blocks and be immersed in the shops and water front of this picturesque tourism hot spot. The property includes several additions and updates, including solar panels, upgrades in energy efficiency , and mechanical updates. This property operates at an 11.5% cap rate, making it an excellent investment opportunity. At just under 3800 square feet, it would also make an amazing north shore vacation property, with room to spare for friends and family.
Property Info
Rooms
Room | Size | Level | Floor |
---|---|---|---|
Living Room | 18.00 x 22.00 | M | Wood |
Dining Room | 16.00 x 11.00 | M | Wood |
Bedroom | 15.00 x 13.00 | U | Wood |
Bedroom | 24.00 x 10.00 | U | Wood |
Bedroom | 13.00 x 10.00 | M | Wood |
Kitchen | 15.00 x 15.00 | M | Wood |
Family Room | 22.00 x 13.00 | L | Wood |
Bedroom | 12.00 x 20.00 | U | Wood |
Bedroom | 12.00 x 9.00 | M | Wood |
Details
2022 Taxes | $4,255.00 |
Style | 2 Story |
Type | Single Family |
Square Feet | 2997 |
Year Built | 1903 |
County | Bayfield |
Lake/River Name | Lake Superior |
Lake Size (Acres) | 32 |
Acreage | 0.3290 |
Frontage | 0 |
Bedrooms | 5 |
Full Bathrooms | 6 |
Partial Bathrooms | 1 |
Garage Type | Tuck Under |
Garage Capacity | 2 |
Features
Basement | Walkout |
Cooling | Window |
Electric | Circuit Breaker |
Exterior Features | Metal |
Foundation | Block |
Fuel Source | Electric,Natural Gas,Solar |
Heating | Forced Air |
Sewer | City Sewer |
Water Service | City-Water |

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Last Updated December 2nd 2023
Listing By Re/Max Professionals