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60445 Summit Rd, Ashland, WI, 54806

3beds
2baths
2,100sqft
$675,000
$321price/sqft
$4,781/moest. monthly cost
$191,240/yrincome needed

About This Home

Don't miss this rare opportunity to own a truly magical, one-of-a-kind property just minutes from the shores of Lake Superior and the vibrant town of Ashland, WI. Situated on 10.10 beautifully maintained acres, this stunning estate offers endless potential for personal enjoyment or entrepreneurial ventures. The centerpiece is a beautifully updated home that blends modern comforts with timeless charm. It is perfect as a full-time residence, vacation getaway, or guest lodging. The property also features a large, rustic-chic barn that has been thoughtfully transformed into an event venue ideal for weddings, receptions, and special gatherings. A fully equipped commercial kitchen and licensed bar add exceptional value, allowing for seamless catering and beverage service. Nearby, a charming, smaller barn has been converted into a private bridal parlour, providing a picture-perfect space for wedding day preparations. Also included on this impressive property are additional guest accommodations, a large machine shed, two convenient RV hookups, and even a charming chicken coop. Every detail has been thoughtfully designed to enhance comfort and functionality. Whether you're looking to run a turn-key event business, create a destination retreat, or simply enjoy a peaceful life surrounded by nature and beauty, the possibilities are truly limitless. This is more than a property, it's a lifestyle and an opportunity to create something extraordinary in the heart of Northern Wisconsin.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

3/10
2/10
Ashland Middle SchoolGrades 6-82.7 mi
3/10
Ashland High SchoolGrades 9-121.8 mi

Construction

Condition

  • Property condition: Previously Owned
  • Year built: 1910

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Vinyl,Frame/Wood

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Water Heater-Gas,Dryer,Exhaust Fan,Microwave,Range,Refrigerator,Washer
  • Laundry features: Main Level,Dryer Hook-Ups,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished,Washer Hook-Ups,Dryer Hook-Ups

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • Main level bedrooms: 1

Features

  • Ceiling Fan(s),Walk-In Closet(s)
  • Window features: Vinyl Windows,Wood Frames
  • Flooring: Hardwood Floors
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,100

Heating & Cooling

  • Heating features: Fireplace(s),Forced Air,In Floor Heat,Propane
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,100 sqft

Master Bathroom

  • Features: Master Walk-Thru

Property

Details

  • Parcel number: 008003060110
  • Zoning description: Other,Agriculture
  • Foundation area: 1760

Features

  • Patio & porch: Deck,Patio
  • Exterior features: Water Feature
  • Has view: Yes
  • View description: Panoramic

Lot

  • Lot size: 10.10 Acres
  • Lot size dimensions: 451 x 1274, irregular

Parking

  • Total spaces: 10
  • Parking features: Off Street,RV Parking,Gravel,Detached
  • Has garage: Yes
  • Attached garage spaces: 10
  • Covered spaces: 10
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Lightning
Winter Weather
Strong Wind
Tsunami

FEMA Declared Disasters Across Wisconsin Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,413$40,956
Home Insurance *$440$5,280
Property Taxes $731$8,772
Electricity $197$2,368
Total$4,781$57,372
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$163,920/yr
40% on housing$143,430/yr
45% on housing$127,493/yr

Wisconsin FAIR Plan Programs

Wisconsin Insurance Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 5,246Commercial: 198
Total Premiums$4.55M
Total Exposure$860.28M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.8%
8.8%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -0.6%
-0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$321This listing

vs Other Active Listings

Avg $/sqft

ZIP 54806$166
Ashland County$174

vs Homes Sold Last Month

Median $/sqft

ZIP 54806
Ashland County$114

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-01-15Price change$695,000
2025-09-17Listed for sale$725,000
2025-09-10Listing removed$725,000
2025-07-26Listed for sale$725,000
2019-04-26Sold$261,000

For Sale by Agent

AgentRachel Betts Larson
BrokerageAdolphson Real Estate

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