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
1150 BIG LAKE LOOP RD N Three Lakes, WI This Northwoods gem is packed with possibilities! Not only does the main home offer three ...	4 beds \| 3 baths \| N/A	$374,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.05% Airbnb Rental Income: $null Traditional Rental Income: $3117 Airbnb ROI: N/A Traditional ROI: 7.05%
979 Bundo Road Three Lakes, WI Looking for a level lot with sand frontage and western exposure to catch sunsets in Three ...	4 beds \| 2 baths \| 1,759 sq.ft.	$699,500	Airbnb cash on cash: N/A Traditional cash on cash: 2.02% Airbnb Rental Income: $null Traditional Rental Income: $2346 Airbnb ROI: N/A Traditional ROI: 2.02%
7670 WHEELER ISLAND RD Three Lakes, WI Experience unparalleled luxury on the highly sought-after Three Lakes/Eagle River Chain. T...	5 beds \| 5 baths \| N/A	$2,197,500	Airbnb cash on cash: N/A Traditional cash on cash: 1.24% Airbnb Rental Income: $null Traditional Rental Income: $5023 Airbnb ROI: N/A Traditional ROI: 1.24%
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%
720 Staehling Road Three Lakes, WI Welcome to this stunning custom hand-scribed log home, situated on 3.42 acres on a point l...	3 beds \| 3 baths \| 3,921 sq.ft.	$999,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 1.85% Airbnb Rental Income: $2405 Traditional Rental Income: $3155 Airbnb ROI: 0.41% Traditional ROI: 1.85%
364 SAWMILL LANDING Three Lakes, WI This inviting Northwoods retreat offers the perfect blend of comfort, convenience, and out...	3 beds \| 2 baths \| N/A	$369,000	Airbnb cash on cash: 3.55% Traditional cash on cash: 5.98% Airbnb Rental Income: $2405 Traditional Rental Income: $2658 Airbnb ROI: 3.55% Traditional ROI: 5.98%
1311 LUEBBING RD Three Lakes, WI Private setting with 200 feet of swimming frontage on Island Lake of the Three Lakes/Eagle...	3 beds \| 3 baths \| N/A	$1,299,000	Airbnb cash on cash: 0% Traditional cash on cash: 1.16% Airbnb Rental Income: $2405 Traditional Rental Income: $3216 Airbnb ROI: 0% Traditional ROI: 1.16%
1648 SUPERIOR ST Three Lakes, WI Investment opportunity in the Northwoods. This four plex is ideally located in the center ...	8 beds \| 4 baths \| N/A	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.61% Airbnb Rental Income: $null Traditional Rental Income: $3593 Airbnb ROI: N/A Traditional ROI: 5.61%
6381 BIG LAKE LOOP RD E Three Lakes, WI Experience classic Northwoods living on this level, wooded acre with frontage on the highl...	3 beds \| 2 baths \| N/A	$699,900	Airbnb cash on cash: 1.11% Traditional cash on cash: 2.34% Airbnb Rental Income: $2405 Traditional Rental Income: $2623 Airbnb ROI: 1.11% Traditional ROI: 2.34%
6375 BIG LAKE LOOP RD E Three Lakes, WI Rare opportunity on the Three Lakes Chain of interconnected lakes! This property features ...	3 beds \| 2 baths \| N/A	$1,999,900	Airbnb cash on cash: -0.54% Traditional cash on cash: -0.11% Airbnb Rental Income: $2405 Traditional Rental Income: $2623 Airbnb ROI: -0.54% Traditional ROI: -0.11%

Real Estate investment in Three-lakes, WI

There are 10 properties for sale in the city of Three Lakes . The median list price in Three Lakes is $699,900 and the average price per square foot is $246. In December 2025, the average monthly cash on cash return in Three Lakes is 2.00%. The average monthly rental income in Three Lakes is $2,888.

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

There are 10 investment properties available for sale in Three-lakes.

In 2025, the best neighborhood to buy investment property is Three Lakes.

The ROI for Short-Term is higher than the Long-Term in Three-lakes with average rental income of $2,405.

Your search for investment property begins and ends here

Investment Property for Sale in Three Lakes, WI

1150 BIG LAKE LOOP RD N

Three Lakes, WI

4 beds | 3 baths | N/A

$374,500

Airbnb cash on cash: N/A

Traditional cash on cash: 7.05%

Airbnb Rental Income: $null

Traditional Rental Income: $3117

Airbnb ROI: N/A

Traditional ROI: 7.05%

979 Bundo Road

Three Lakes, WI

4 beds | 2 baths | 1,759 sq.ft.

$699,500

Airbnb cash on cash: N/A

Traditional cash on cash: 2.02%

Airbnb Rental Income: $null

Traditional Rental Income: $2346

Airbnb ROI: N/A

Traditional ROI: 2.02%

7670 WHEELER ISLAND RD

Three Lakes, WI

5 beds | 5 baths | N/A

$2,197,500

Airbnb cash on cash: N/A

Traditional cash on cash: 1.24%

Airbnb Rental Income: $null

Traditional Rental Income: $5023

Airbnb ROI: N/A

Traditional ROI: 1.24%

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%

720 Staehling Road

Three Lakes, WI

3 beds | 3 baths | 3,921 sq.ft.

$999,000

Airbnb cash on cash: 0.41%

Traditional cash on cash: 1.85%

Airbnb Rental Income: $2405

Traditional Rental Income: $3155

Airbnb ROI: 0.41%

Traditional ROI: 1.85%

364 SAWMILL LANDING

Three Lakes, WI

3 beds | 2 baths | N/A

$369,000

Airbnb cash on cash: 3.55%

Traditional cash on cash: 5.98%

Airbnb Rental Income: $2405

Traditional Rental Income: $2658

Airbnb ROI: 3.55%

Traditional ROI: 5.98%

1311 LUEBBING RD

Three Lakes, WI

3 beds | 3 baths | N/A

$1,299,000

Airbnb cash on cash: 0%

Traditional cash on cash: 1.16%

Airbnb Rental Income: $2405

Traditional Rental Income: $3216

Airbnb ROI: 0%

Traditional ROI: 1.16%

1648 SUPERIOR ST

Three Lakes, WI

8 beds | 4 baths | N/A

$525,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.61%

Airbnb Rental Income: $null

Traditional Rental Income: $3593

Airbnb ROI: N/A