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SAWYER COUNTY HAYWARD WISCONSIN CALLAHAN LAKE 5 TO 6 PRIVATE ISLANDS 700 ACRE DEVELOPMENT RARE LAKEFRONT INVESTMENT AVAILABLE FOR SALE
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This subject tract 'Chippewa Valley Highlands' is our finest, rare lakefront investment. As it comprises, the East side of Callahan Lake and joins to the North of the large tract of State of Wisconsin Conservation Commission, also the west side of Callahan lake, including 5-6 private islands.
Our Lakefront is high and dry, showing good topographic elevation, virgin timber, good road access. A most highly used 'private' snowmobile trail lakeside to the Hayward/Cable area and through the North Chequamegon National Forest area. The said snowmobile trail is private and not a public trail.
State of Wisconsin's largest lake front development opportunity and Hayward's last large lake front development.
Our approved plat shows lots 150-200 feet lakefront and 1 acre lots. Our certified general appraisal shows comp. sales value on our lake at $200,000 per lot. We have sold 4 lots already. Our tract size is 700 acres. This includes 9 miles of trophy lakeshore, plus 5-6 private islands.
We have two options:
1. As is no conservancy, full development rights included # 350 lot potential! Potentially 60,000/ lot avg. 21 million. Price 8 million
2. All lands in conservancy, development rights sold, #3 bldg. sites retained, 1 west, 1 east, 1 big island, all 9 miles contiguous lake front, 675 ac. Price 7 million.
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