Real Estate Investment Properties for Sale in Ellison Bay, WI

Looking for investment property in Ellison Bay, WI with high ROI ?

Explore a variety of short-term homes & houses in Ellison Bay, WI. Invest wisely with VRBO & Ellison Bay, WI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Ellison Bay, WI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
12462 Timberline Rd Ellison Bay, WI Revel in the beauty of the northern lights and shooting stars from this heavenly 20-acre p...	4 beds \| 2 baths \| 3,115 sq.ft.	$1,200,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 0.93% Airbnb Rental Income: $3228 Traditional Rental Income: $2822 Airbnb ROI: 0.64% Traditional ROI: 0.93%
1647 Olson Dr #1025 Ellison Bay, WI Enjoy the convenience and amenities of condo living with the privacy of a free-standing ho...	2 beds \| 2 baths \| 2,496 sq.ft.	$609,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 0.86% Airbnb Rental Income: $2399 Traditional Rental Income: $2557 Airbnb ROI: -0.45% Traditional ROI: 0.86%
12647 State Highway 42 Ellison Bay, WI Discover your next opportunity here! Nestled in the heart of Door County, this charming pr...	5 beds \| 5 baths \| 3,302 sq.ft.	$579,900	Airbnb cash on cash: 1.59% Traditional cash on cash: 1.72% Airbnb Rental Income: $2399 Traditional Rental Income: $1881 Airbnb ROI: 1.59% Traditional ROI: 1.72%
12042 Hwy 42 Ellison Bay, WI Originally constructed in 1879 as the Ellison Bay school, this robust building was fully r...	2 beds \| 1 baths \| 2,340 sq.ft.	$647,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 2.44% Airbnb Rental Income: $2399 Traditional Rental Income: $2341 Airbnb ROI: 1.56% Traditional ROI: 2.44%
12200 Badger Rd Ellison Bay, WI Lovely 3-bedroom, 2-bath home on 6.52 acres located near the end of Badger Rd. The kitchen...	3 beds \| 2 baths \| 2,338 sq.ft.	$649,999	Airbnb cash on cash: 2.19% Traditional cash on cash: 2.63% Airbnb Rental Income: $3075 Traditional Rental Income: $2640 Airbnb ROI: 2.19% Traditional ROI: 2.63%
731 Isle View Rd Ellison Bay, WI 731 Isle View Rd, Ellison Bay, WI 54210 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$129,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.85% Airbnb Rental Income: $null Traditional Rental Income: $1043 Airbnb ROI: N/A Traditional ROI: 4.85%
Fawn Ln Ellison Bay, WI Fawn Ln, Ellison Bay, WI 54210 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$77,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.6% Airbnb Rental Income: $null Traditional Rental Income: $1043 Airbnb ROI: N/A Traditional ROI: 9.6%
12376 Timberline Rd Ellison Bay, WI 12376 Timberline Rd, Ellison Bay, WI 54210 \| Single Family Residential	5 beds \| 4 baths \| 6,637 sq.ft.	$2,100,000	Airbnb cash on cash: -1.16% Traditional cash on cash: -0.48% Airbnb Rental Income: $4275 Traditional Rental Income: $4702 Airbnb ROI: -1.16% Traditional ROI: -0.48%
633 Isle View Rd Ellison Bay, WI 633 Isle View Rd, Ellison Bay, WI 54210 \| Single Family Residential	3 beds \| 3 baths \| 2,128 sq.ft.	$1,100,000	Airbnb cash on cash: -0.61% Traditional cash on cash: -0.33% Airbnb Rental Income: $3075 Traditional Rental Income: $2660 Airbnb ROI: -0.61% Traditional ROI: -0.33%
Lot 37 Fawn Ln Ellison Bay, WI Lot 37 Fawn Ln, Ellison Bay, WI 54210 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$77,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.6% Airbnb Rental Income: $null Traditional Rental Income: $1043 Airbnb ROI: N/A Traditional ROI: 9.6%
TBD Europe Lake Ln Ellison Bay, WI TBD Europe Lake Ln, Ellison Bay, WI 54210 \| Other	N/A beds \| N/A baths \| 900 sq.ft.	$599,900	Airbnb cash on cash: N/A Traditional cash on cash: -0.87% Airbnb Rental Income: $null Traditional Rental Income: $1193 Airbnb ROI: N/A Traditional ROI: -0.87%
TBD Fawn Ln Ellison Bay, WI TBD Fawn Ln, Ellison Bay, WI 54210 \| Other	N/A beds \| N/A baths \| N/A	$79,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.21% Airbnb Rental Income: $null Traditional Rental Income: $878 Airbnb ROI: N/A Traditional ROI: 7.21%
540 Fawn Ln Ellison Bay, WI Nestled among beautiful mature pine trees, this cozy well-maintained year-round home offer...	2 beds \| 1 baths \| 912 sq.ft.	$415,000	Airbnb cash on cash: 3.06% Traditional cash on cash: 2.08% Airbnb Rental Income: $2399 Traditional Rental Income: $1429 Airbnb ROI: 3.06% Traditional ROI: 2.08%
11919 Mink River Rd Ellison Bay, WI Showings begin July 16th. Step into a living piece of Door County history in this extraord...	3 beds \| 3 baths \| 2,140 sq.ft.	$795,000	Airbnb cash on cash: 1.66% Traditional cash on cash: 2.25% Airbnb Rental Income: $3075 Traditional Rental Income: $2808 Airbnb ROI: 1.66% Traditional ROI: 2.25%
2109 Porcupine Bay Rd Ellison Bay, WI Enjoy the perfect blend of meadow, woodland, and comfort in this pleasantly updated Stratf...	3 beds \| 2 baths \| 1,926 sq.ft.	$725,000	Airbnb cash on cash: 2% Traditional cash on cash: 2.1% Airbnb Rental Income: $3075 Traditional Rental Income: $2441 Airbnb ROI: 2% Traditional ROI: 2.1%
11919 MINK RIVER Road Ellison Bay, WI Step into a living piece of Door County history in this extraordinary 1860s original log h...	3 beds \| 3 baths \| 2,140 sq.ft.	$795,000	Airbnb cash on cash: 1.66% Traditional cash on cash: 2.25% Airbnb Rental Income: $3075 Traditional Rental Income: $2808 Airbnb ROI: 1.66% Traditional ROI: 2.25%
1818 Hillside Dr Ellison Bay, WI 1818 Hillside Dr, Ellison Bay, WI 54210 \| Single Family Residential	4 beds \| 4 baths \| 5,452 sq.ft.	$3,500,000	Airbnb cash on cash: -2.1% Traditional cash on cash: -1.76% Airbnb Rental Income: $3228 Traditional Rental Income: $3607 Airbnb ROI: -2.1% Traditional ROI: -1.76%
932 Cottage Rd Ellison Bay, WI 932 Cottage Rd, Ellison Bay, WI 54210 \| Single Family Residential	5 beds \| 3 baths \| 3,782 sq.ft.	$2,175,000	Airbnb cash on cash: -1.22% Traditional cash on cash: -1.39% Airbnb Rental Income: $4275 Traditional Rental Income: $3023 Airbnb ROI: -1.22% Traditional ROI: -1.39%
Lot 0 Blackberry Rd Ellison Bay, WI Lot 0 Blackberry Rd, Ellison Bay, WI 54210 \| Other	N/A beds \| N/A baths \| N/A	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: -0.72% Airbnb Rental Income: $null Traditional Rental Income: $768 Airbnb ROI: N/A Traditional ROI: -0.72%
1488 Hwy 42 Ellison Bay, WI 1488 Hwy 42, Ellison Bay, WI 54210 \| Other	N/A beds \| N/A baths \| N/A	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.32% Airbnb Rental Income: $null Traditional Rental Income: $878 Airbnb ROI: N/A Traditional ROI: 1.32%
12527 Door Bluff Rd Ellison Bay, WI 12527 Door Bluff Rd, Ellison Bay, WI 54210 \| Other	N/A beds \| N/A baths \| N/A	$1,022,400	Airbnb cash on cash: N/A Traditional cash on cash: -2.01% Airbnb Rental Income: $null Traditional Rental Income: $878 Airbnb ROI: N/A Traditional ROI: -2.01%
TBD Timberline Rd Ellison Bay, WI TBD Timberline Rd, Ellison Bay, WI 54210 \| Other	N/A beds \| N/A baths \| N/A	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.78% Airbnb Rental Income: $null Traditional Rental Income: $768 Airbnb ROI: N/A Traditional ROI: -0.78%
1792 Highview Rd Ellison Bay, WI 1792 Highview Rd, Ellison Bay, WI 54210 \| Other	N/A beds \| N/A baths \| N/A	$595,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.42% Airbnb Rental Income: $null Traditional Rental Income: $878 Airbnb ROI: N/A Traditional ROI: -1.42%
TBD Mink River Rd Ellison Bay, WI TBD Mink River Rd, Ellison Bay, WI 54210 \| Other	N/A beds \| N/A baths \| N/A	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.23% Airbnb Rental Income: $null Traditional Rental Income: $768 Airbnb ROI: N/A Traditional ROI: 1.23%
TBD Garrett Bay Ln Ellison Bay, WI TBD Garrett Bay Ln, Ellison Bay, WI 54210 \| Other	N/A beds \| N/A baths \| N/A	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.77% Airbnb Rental Income: $null Traditional Rental Income: $878 Airbnb ROI: N/A Traditional ROI: 1.77%
County Rd NP Ellison Bay, WI County Rd NP, Ellison Bay, WI 54210 \| Other	N/A beds \| N/A baths \| N/A	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.65% Airbnb Rental Income: $null Traditional Rental Income: $878 Airbnb ROI: N/A Traditional ROI: 1.65%
Lot #3 Northport Ln Ellison Bay, WI Lot #3 Northport Ln, Ellison Bay, WI 54210 \| Other	N/A beds \| N/A baths \| N/A	$64,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.36% Airbnb Rental Income: $null Traditional Rental Income: $878 Airbnb ROI: N/A Traditional ROI: 9.36%
TBD Highview Rd Ellison Bay, WI TBD Highview Rd, Ellison Bay, WI 54210 \| Other	N/A beds \| N/A baths \| N/A	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: -0.05% Airbnb Rental Income: $null Traditional Rental Income: $878 Airbnb ROI: N/A Traditional ROI: -0.05%
Lt0 Old Orchard Rd Ellison Bay, WI Lt0 Old Orchard Rd, Ellison Bay, WI 54210 \| Other	N/A beds \| N/A baths \| N/A	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.49% Airbnb Rental Income: $null Traditional Rental Income: $878 Airbnb ROI: N/A Traditional ROI: 2.49%
Garrett Bay Rd Ellison Bay, WI Garrett Bay Rd, Ellison Bay, WI 54210 \| Other	N/A beds \| N/A baths \| N/A	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.71% Airbnb Rental Income: $null Traditional Rental Income: $878 Airbnb ROI: N/A Traditional ROI: 0.71%
Highview Rd Ellison Bay, WI Highview Rd, Ellison Bay, WI 54210 \| Other	N/A beds \| N/A baths \| N/A	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: -0.05% Airbnb Rental Income: $null Traditional Rental Income: $878 Airbnb ROI: N/A Traditional ROI: -0.05%
N Woodland Dr Ellison Bay, WI N Woodland Dr, Ellison Bay, WI 54210 \| Other	N/A beds \| N/A baths \| N/A	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.04% Airbnb Rental Income: $null Traditional Rental Income: $768 Airbnb ROI: N/A Traditional ROI: 0.04%
Lot 2 Cottage Rd Ellison Bay, WI Lot 2 Cottage Rd, Ellison Bay, WI 54210 \| Other	N/A beds \| N/A baths \| N/A	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.57% Airbnb Rental Income: $null Traditional Rental Income: $768 Airbnb ROI: N/A Traditional ROI: 0.57%
Lot 1 Cottage Rd Ellison Bay, WI Lot 1 Cottage Rd, Ellison Bay, WI 54210 \| Other	N/A beds \| N/A baths \| N/A	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.12% Airbnb Rental Income: $null Traditional Rental Income: $878 Airbnb ROI: N/A Traditional ROI: 1.12%

Real Estate investment in Ellison-bay, WI

There are 42 properties for sale in the city of Ellison Bay . The median list price in Ellison Bay is $295,000 and the average price per square foot is $134. In August 2026, the average monthly cash on cash return in Ellison Bay is 1.00%. The average monthly rental income in Ellison Bay is $895.

Ellison-bay, WI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 42 investment properties available for sale in Ellison-bay.

In 2026, the best neighborhood to buy investment property is Ellison Bay.

The ROI for Short-Term is higher than the Long-Term in Ellison-bay with average rental income of $3,075.

Your search for investment property begins and ends here

Investment Property for Sale in Ellison Bay, WI

12462 Timberline Rd

Ellison Bay, WI

4 beds | 2 baths | 3,115 sq.ft.

$1,200,000

Airbnb cash on cash: 0.64%

Traditional cash on cash: 0.93%

Airbnb Rental Income: $3228

Traditional Rental Income: $2822

Airbnb ROI: 0.64%

Traditional ROI: 0.93%

1647 Olson Dr #1025

Ellison Bay, WI

2 beds | 2 baths | 2,496 sq.ft.

$609,000

Airbnb cash on cash: -0.45%

Traditional cash on cash: 0.86%

Airbnb Rental Income: $2399

Traditional Rental Income: $2557

Airbnb ROI: -0.45%

Traditional ROI: 0.86%

12647 State Highway 42

Ellison Bay, WI

5 beds | 5 baths | 3,302 sq.ft.

$579,900

Airbnb cash on cash: 1.59%

Traditional cash on cash: 1.72%

Airbnb Rental Income: $2399

Traditional Rental Income: $1881

Airbnb ROI: 1.59%

Traditional ROI: 1.72%

12042 Hwy 42

Ellison Bay, WI

2 beds | 1 baths | 2,340 sq.ft.

$647,000

Airbnb cash on cash: 1.56%

Traditional cash on cash: 2.44%

Airbnb Rental Income: $2399

Traditional Rental Income: $2341

Airbnb ROI: 1.56%

Traditional ROI: 2.44%

12200 Badger Rd

Ellison Bay, WI

3 beds | 2 baths | 2,338 sq.ft.

$649,999

Airbnb cash on cash: 2.19%

Traditional cash on cash: 2.63%

Airbnb Rental Income: $3075

Traditional Rental Income: $2640

Airbnb ROI: 2.19%

Traditional ROI: 2.63%

731 Isle View Rd

Ellison Bay, WI

N/A beds | N/A baths | 0 sq.ft.

$129,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.85%

Airbnb Rental Income: $null

Traditional Rental Income: $1043

Airbnb ROI: N/A

Traditional ROI: 4.85%

Fawn Ln

Ellison Bay, WI

N/A beds | N/A baths | 0 sq.ft.

$77,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.6%

Airbnb Rental Income: $null

Traditional Rental Income: $1043

Airbnb ROI: N/A

Traditional ROI: 9.6%

12376 Timberline Rd

Ellison Bay, WI

5 beds | 4 baths | 6,637 sq.ft.

$2,100,000

Airbnb cash on cash: -1.16%

Traditional cash on cash: -0.48%

Airbnb Rental Income: $4275

Traditional Rental Income: $4702

Airbnb ROI: -1.16%