Recreational Land for Sale in Potosi, Wisconsin

This multi-purpose opportunity includes both a country look & feel as well as convenient Village Amenities at your fingertips. For hunters, fishermen/boaters & nature enthusiasts, this is a turn-key paradise, with abundant deer, turkey & other wildlife (see trail cam photos), a large food plot, multiple deer stands, and quick access to the Mississippi River. Nice features include roads, paths, campsite/day use areas, an Outhouse, a firepit (imagine freshly caught river Walleye cooked over an open fire), and a storage building. If you have been searching for an ideal homesite with adjoining acreage, close to conveniences, schools, etc, you may have just discovered it! The uniqueness of this opportunity also includes a piece of history from the 1800s; ownership by the first Governor of Wisconsin, Nelson Dewey, and the Madiera Cave which he once mined.

The investment potential here is rare (see Summary/COMPS/Appraisal attachment). Forest management over 40+ years, as a registered Tree Farm, has resulted in highly coveted/valuable veneer-quality Black Walnut trees (and other species), valued at $250K+, estimated to double in the next decade. A Wisconsin top ten largest registered tree even lives here. Keep as-is for property value appreciation or reap the benefits of income through future strategic tree harvesting. A vast number of high-quality trees allows for periodic income, with little cosmetic impact. Enrollment in the Managed Forest Land (MFL) Program provides nearly $50K in transferrable future annual tax savings (14 years remaining), which equates to nearly $3K SAVED annually in out-of-pocket property tax. 2024's taxes were ONLY $87 total, unheard of for a property of this quality. Better yet, all program requirements have been completed by the current owner so no future expense!

Location is everything, and this one is special! Potosi, positioned adjacent to the Mississippi River, and known as the Catfish Capital of Wisconsin, is home to the National Brewery Museum, historic Potosi Brewery/Pub/Restaurant and even a couple of fun Guiness World Records; the longest un-intersected Main street and largest cone-top beer can. If you want to experience North America's largest river, the scenic Potosi Point Recreation area is only minutes away. Other nearby places of interest include Galena IL, Dubuque IA, the Dickeyville Grotto, Nelson Dewey State Park, historic Cassville/Stonefield Village, and "The Great River Road", known as one of our nation's most scenic routes. Come take a look.