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 Perched on a point with panoramic views, this custom built craftsman style home with 2740 ...	4 beds \| 2 baths \| 2,740 sq.ft.	$785,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.41% Airbnb Rental Income: $null Traditional Rental Income: $2927 Airbnb ROI: N/A Traditional ROI: 2.41%
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 \| 2,465 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.9% Airbnb Rental Income: $null Traditional Rental Income: $3117 Airbnb ROI: N/A Traditional ROI: 6.9%
581 BOLLOM RD Three Lakes, WI This exceptional lakefront home is in a serene wooded setting adjacent to the Nicolet Natl...	3 beds \| 3 baths \| 2,883 sq.ft.	$649,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 3.97% Airbnb Rental Income: $2220 Traditional Rental Income: $3362 Airbnb ROI: 1.16% Traditional ROI: 3.97%
6873 HOLIDAY HAVEN LN #2 Three Lakes, WI Year round, cozy lake condo on private 270-acre Virgin Lake is now up for grabs! Being sol...	2 beds \| 1 baths \| 648 sq.ft.	$259,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 2.45% Airbnb Rental Income: $699 Traditional Rental Income: $1010 Airbnb ROI: -0.07% Traditional ROI: 2.45%
1950 MEKYER DR #2 Three Lakes, WI Three Lakes Chain of Lakes â Cute, cozy & well maintained 3 bedroom, 1 bath, turnkey con...	3 beds \| 1 baths \| 1,242 sq.ft.	$329,000	Airbnb cash on cash: 3.51% Traditional cash on cash: 2.64% Airbnb Rental Income: $2220 Traditional Rental Income: $1391 Airbnb ROI: 3.51% Traditional ROI: 2.64%
979 Bundo Road Three Lakes, WI This uniquely designed 4 bedroom, 2 bath home on Dog Lake is a wonderful opportunity to ex...	4 beds \| 2 baths \| 1,759 sq.ft.	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.82% Airbnb Rental Income: $null Traditional Rental Income: $2346 Airbnb ROI: N/A Traditional ROI: 1.82%
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 \| 3,280 sq.ft.	$1,790,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 0.42% Airbnb Rental Income: $2220 Traditional Rental Income: $3432 Airbnb ROI: -0.64% Traditional ROI: 0.42%
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: 0.24% Traditional cash on cash: 1.85% Airbnb Rental Income: $2220 Traditional Rental Income: $3155 Airbnb ROI: 0.24% 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 \| 2,000 sq.ft.	$369,000	Airbnb cash on cash: 3.15% Traditional cash on cash: 6.03% Airbnb Rental Income: $2220 Traditional Rental Income: $2658 Airbnb ROI: 3.15% Traditional ROI: 6.03%
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	$1,450,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 0.94% Airbnb Rental Income: $2220 Traditional Rental Income: $3216 Airbnb ROI: -0.22% Traditional ROI: 0.94%
6714 HEMLOCK LN Three Lakes, WI Private park like setting, on Dog Lake, part of the Three Lake chain. Quality custom built...	3 beds \| 3 baths \| N/A	$1,200,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 1.45% Airbnb Rental Income: $2220 Traditional Rental Income: $3352 Airbnb ROI: -0.07% Traditional ROI: 1.45%

Real Estate investment in Three-lakes, WI

There are 12 properties for sale in the city of Three Lakes . The median list price in Three Lakes is $767,500 and the average price per square foot is $330. In November 2025, the average monthly cash on cash return in Three Lakes is 2.00%. The average monthly rental income in Three Lakes is $3,117.

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

There are 12 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 $2,220.

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 | 2,740 sq.ft.

$785,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.41%

Airbnb Rental Income: $null

Traditional Rental Income: $2927

Airbnb ROI: N/A

Traditional ROI: 2.41%

1150 BIG LAKE LOOP RD N

Three Lakes, WI

4 beds | 3 baths | 2,465 sq.ft.

$385,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.9%

Airbnb Rental Income: $null

Traditional Rental Income: $3117

Airbnb ROI: N/A

Traditional ROI: 6.9%

581 BOLLOM RD

Three Lakes, WI

3 beds | 3 baths | 2,883 sq.ft.

$649,000

Airbnb cash on cash: 1.16%

Traditional cash on cash: 3.97%

Airbnb Rental Income: $2220

Traditional Rental Income: $3362

Airbnb ROI: 1.16%

Traditional ROI: 3.97%

6873 HOLIDAY HAVEN LN #2

Three Lakes, WI

2 beds | 1 baths | 648 sq.ft.

$259,000

Airbnb cash on cash: -0.07%

Traditional cash on cash: 2.45%

Airbnb Rental Income: $699

Traditional Rental Income: $1010

Airbnb ROI: -0.07%

Traditional ROI: 2.45%

1950 MEKYER DR #2

Three Lakes, WI

3 beds | 1 baths | 1,242 sq.ft.

$329,000

Airbnb cash on cash: 3.51%

Traditional cash on cash: 2.64%

Airbnb Rental Income: $2220

Traditional Rental Income: $1391

Airbnb ROI: 3.51%

Traditional ROI: 2.64%

979 Bundo Road

Three Lakes, WI

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

$750,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.82%

Airbnb Rental Income: $null

Traditional Rental Income: $2346

Airbnb ROI: N/A

Traditional ROI: 1.82%

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 | 3,280 sq.ft.

$1,790,000

Airbnb cash on cash: -0.64%

Traditional cash on cash: 0.42%

Airbnb Rental Income: $2220

Traditional Rental Income: $3432

Airbnb ROI: -0.64%