Real Estate Investment Properties for Sale in Three Lakes, WI

Looking for investment property in Three Lakes, WI with high ROI ?

Explore a variety of short-term homes & houses in Three Lakes, WI. Invest wisely with VRBO & Three Lakes, 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 Three Lakes, WI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
7622 BRAEGER RD Three Lakes, WI Enjoy lake life at its finest with this 4-bedroom, 2-bath home boasting 300 ft of frontage...	4 beds \| 2 baths \| N/A	$897,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.99% Airbnb Rental Income: $null Traditional Rental Income: $2927 Airbnb ROI: N/A Traditional ROI: 1.99%
948 GOLF COURSE LOOP unit: #5 Three Lakes, WI This quaint three-season, cottage is situated on Big Stone Lake, part of the Three Lakes C...	2 beds \| 1 baths \| N/A	$249,000	Airbnb cash on cash: -1.26% Traditional cash on cash: 4.88% Airbnb Rental Income: $566 Traditional Rental Income: $1726 Airbnb ROI: -1.26% Traditional ROI: 4.88%
553 REED RD Three Lakes, WI This unique property on both Big Fork and Fourmile Lake features three bedrooms, three bat...	3 beds \| 3 baths \| N/A	$1,750,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 0.37% Airbnb Rental Income: $2405 Traditional Rental Income: $3432 Airbnb ROI: -0.63% Traditional ROI: 0.37%
7621 HIGHWAY X Three Lakes, WI This superb 4 BR, 4 BA, 3900+ sq ft. home on premier Island Lake of the Three Lakes Chain ...	4 beds \| 4 baths \| N/A	$1,650,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.2% Airbnb Rental Income: $null Traditional Rental Income: $4138 Airbnb ROI: N/A Traditional ROI: 1.2%
Lot 129 Clearwater Lake Trl Three Lakes, WI Lot 129 Clearwater Lake Trl, Three Lakes, WI 54521 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.48% Airbnb Rental Income: $null Traditional Rental Income: $1029 Airbnb ROI: N/A Traditional ROI: -0.48%
Lot 1 Bonkowski Rd Three Lakes, WI Lot 1 Bonkowski Rd, Three Lakes, WI 54562 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.34% Airbnb Rental Income: $null Traditional Rental Income: $1029 Airbnb ROI: N/A Traditional ROI: -0.34%
142-144 Kindling Pt Three Lakes, WI 142-144 Kindling Pt, Three Lakes, WI 54521 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$1,100,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.93% Airbnb Rental Income: $null Traditional Rental Income: $1029 Airbnb ROI: N/A Traditional ROI: -1.93%
Lot 130 Clearwater Lake Trl Three Lakes, WI Lot 130 Clearwater Lake Trl, Three Lakes, WI 54521 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.48% Airbnb Rental Income: $null Traditional Rental Income: $1029 Airbnb ROI: N/A Traditional ROI: -0.48%
Lot 138 Clearwater Lake Trl Three Lakes, WI Lot 138 Clearwater Lake Trl, Three Lakes, WI 54521 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.48% Airbnb Rental Income: $null Traditional Rental Income: $1029 Airbnb ROI: N/A Traditional ROI: -0.48%
Lot 160 Clearwater Lake Trl Three Lakes, WI Lot 160 Clearwater Lake Trl, Three Lakes, WI 54521 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.34% Airbnb Rental Income: $null Traditional Rental Income: $1029 Airbnb ROI: N/A Traditional ROI: -0.34%
Lot 165 Clearwater Lake Trl Three Lakes, WI Lot 165 Clearwater Lake Trl, Three Lakes, WI 54521 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.48% Airbnb Rental Income: $null Traditional Rental Income: $1029 Airbnb ROI: N/A Traditional ROI: -0.48%
Lot 162 Clearwater Lake Trl Three Lakes, WI Lot 162 Clearwater Lake Trl, Three Lakes, WI 54521 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.34% Airbnb Rental Income: $null Traditional Rental Income: $1029 Airbnb ROI: N/A Traditional ROI: -0.34%
Lot 161 Clearwater Lake Trl Three Lakes, WI Lot 161 Clearwater Lake Trl, Three Lakes, WI 54521 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.34% Airbnb Rental Income: $null Traditional Rental Income: $1029 Airbnb ROI: N/A Traditional ROI: -0.34%
Lot 133 Clearwater Lake Trl Three Lakes, WI Lot 133 Clearwater Lake Trl, Three Lakes, WI 54521 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.48% Airbnb Rental Income: $null Traditional Rental Income: $1029 Airbnb ROI: N/A Traditional ROI: -0.48%
40 AC On Margaret Lake Rd Three Lakes, WI 40 AC On Margaret Lake Rd, Three Lakes, WI 54562 \| Other	N/A beds \| N/A baths \| N/A	$89,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.45% Airbnb Rental Income: $null Traditional Rental Income: $726 Airbnb ROI: N/A Traditional ROI: 4.45%
Off Hwy 45 #2 Three Lakes, WI Off Hwy 45 #2, Three Lakes, WI 54562 \| Other	N/A beds \| N/A baths \| N/A	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.4% Airbnb Rental Income: $null Traditional Rental Income: $823 Airbnb ROI: N/A Traditional ROI: 0.4%
Off Hwy 45 #1 Three Lakes, WI Off Hwy 45 #1, Three Lakes, WI 54562 \| Other	N/A beds \| N/A baths \| N/A	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.78% Airbnb Rental Income: $null Traditional Rental Income: $726 Airbnb ROI: N/A Traditional ROI: 0.78%
Off Hwy 45 #3 Three Lakes, WI Off Hwy 45 #3, Three Lakes, WI 54562 \| Other	N/A beds \| N/A baths \| N/A	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.03% Airbnb Rental Income: $null Traditional Rental Income: $726 Airbnb ROI: N/A Traditional ROI: -0.03%
15042 Lakeview Rd Three Lakes, WI 15042 Lakeview Rd, Three Lakes, WI 54562 \| Other	N/A beds \| N/A baths \| N/A	$379,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.05% Airbnb Rental Income: $null Traditional Rental Income: $726 Airbnb ROI: N/A Traditional ROI: -1.05%
6971 WINKLER RD Three Lakes, WI 2+ bedrooms and 1.75 baths. Offers a spacious LR, eat-in kitchen with 2 nice sized bedroom...	2 beds \| 2 baths \| N/A	$77,500	Airbnb cash on cash: 0.45% Traditional cash on cash: 10.12% Airbnb Rental Income: $566 Traditional Rental Income: $1021 Airbnb ROI: 0.45% Traditional ROI: 10.12%
ON Brown Rd Three Lakes, WI ON Brown Rd, Three Lakes, WI 54562 \| Other	N/A beds \| N/A baths \| N/A	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.98% Airbnb Rental Income: $null Traditional Rental Income: $726 Airbnb ROI: N/A Traditional ROI: 0.98%
1785 Superior St Three Lakes, WI 1785 Superior St, Three Lakes, WI 54562 \| Other	N/A beds \| N/A baths \| N/A	$435,900	Airbnb cash on cash: N/A Traditional cash on cash: -1.28% Airbnb Rental Income: $null Traditional Rental Income: $726 Airbnb ROI: N/A Traditional ROI: -1.28%
Lot Hwy 32 Three Lakes, WI Lot Hwy 32, Three Lakes, WI 54562 \| Other	N/A beds \| N/A baths \| N/A	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: -0.9% Airbnb Rental Income: $null Traditional Rental Income: $726 Airbnb ROI: N/A Traditional ROI: -0.9%
Lot 6 ON Bonkowski Rd Three Lakes, WI Lot 6 ON Bonkowski Rd, Three Lakes, WI 54562 \| Other	N/A beds \| N/A baths \| N/A	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.27% Airbnb Rental Income: $null Traditional Rental Income: $823 Airbnb ROI: N/A Traditional ROI: -1.27%

Real Estate investment in Three-lakes, WI

There are 27 properties for sale in the city of Three Lakes . The median list price in Three Lakes is $240,000 and the average price per square foot is $378. In March 2026, the average monthly cash on cash return in Three Lakes is 1.00%. The average monthly rental income in Three Lakes is $1,021.

Three-lakes, WI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 27 investment properties available for sale in Three-lakes.

In 2026, the best neighborhood to buy investment property is Three Lakes.

The ROI for Long-Term is higher than the Short-Term in Three-lakes with average rental income of $1,021.

Your search for investment property begins and ends here

Investment Property for Sale in Three Lakes, WI

7622 BRAEGER RD

Three Lakes, WI

4 beds | 2 baths | N/A

$897,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.99%

Airbnb Rental Income: $null

Traditional Rental Income: $2927

Airbnb ROI: N/A

Traditional ROI: 1.99%

948 GOLF COURSE LOOP unit: #5

Three Lakes, WI

2 beds | 1 baths | N/A

$249,000

Airbnb cash on cash: -1.26%

Traditional cash on cash: 4.88%

Airbnb Rental Income: $566

Traditional Rental Income: $1726

Airbnb ROI: -1.26%

Traditional ROI: 4.88%

553 REED RD

Three Lakes, WI

3 beds | 3 baths | N/A

$1,750,000

Airbnb cash on cash: -0.63%

Traditional cash on cash: 0.37%

Airbnb Rental Income: $2405

Traditional Rental Income: $3432

Airbnb ROI: -0.63%

Traditional ROI: 0.37%

7621 HIGHWAY X

Three Lakes, WI

4 beds | 4 baths | N/A

$1,650,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.2%

Airbnb Rental Income: $null

Traditional Rental Income: $4138

Airbnb ROI: N/A

Traditional ROI: 1.2%

Lot 129 Clearwater Lake Trl

Three Lakes, WI

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

$425,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.48%

Airbnb Rental Income: $null

Traditional Rental Income: $1029

Airbnb ROI: N/A

Traditional ROI: -0.48%

Lot 1 Bonkowski Rd

Three Lakes, WI

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

$400,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.34%

Airbnb Rental Income: $null

Traditional Rental Income: $1029

Airbnb ROI: N/A

Traditional ROI: -0.34%

142-144 Kindling Pt

Three Lakes, WI

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

$1,100,000

Airbnb cash on cash: N/A

Traditional cash on cash: -1.93%

Airbnb Rental Income: $null

Traditional Rental Income: $1029

Airbnb ROI: N/A

Traditional ROI: -1.93%

Lot 130 Clearwater Lake Trl

Three Lakes, WI

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

$425,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.48%

Airbnb Rental Income: $null

Traditional Rental Income: $1029

Airbnb ROI: N/A