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REAL ESTATE INFO FOR ASHLAND AND BAYFIELD COUNTIES

Seven Washburn area homes sold last month. 


Sales ranged from $77,000 for a fixer-upper on Bayfield St to $550,000 for a sweet, newer home pocketed in twenty wooded acres on S Maple Hill Rd. 


834 W Bayfield St sold a few years ago for $56,500. It needed a lot of work then, and while the Sellers invested some time and money in the home, there’s still a lot of work to be done.. Also in town, the Methodist church on Washington sold for $90,000. With all the classic features of a church, this could be transformed into a stunning single family home or a multi-unit property. I’m always interested to see what people can do with these old churches. On the east end of town, a one level home on E 4th with a finished basement on a 2/5 of an acre lot sold in 5 days for $50,000 more than the initial asking price of $250,000. At $300,000, the property sold just above the year’s median sale price for Washburn homes: $292,500


Also in town, a condo on the main drag sold for $290,000. This unit doesn’t allow short-term rentals, so it’ll make a great owner-occupied space or a long-term rental. 


Outside of town, a small, no-frills earth home on just under five acres off Church Corner Rd sold in 20 days for a few thousand more than the sellers were asking. At  $152,000, this is a heck of a good deal. As well, a two bed, two bath home on Valhalla Ln, one with more wood paneling than I’ve ever before seen in a home, sold fairly quickly, 13 days, but sold for $273,000, $17,000 less than the sellers were asking. 


Commercially, an old bait shop, 1819 W Bayfield St, a building just around the bend from Washburn proper, one that’s been on and off the market for years now, finally changed ownership. It sold for $42,500. 


Landwise, the only sale was a lot on W 5th. It sold for $16,000. 





More Ashland homes closed in August in than in any previous month this year: 17, which is up six from last month’s 11 closed sales. On average, homes sold for just under $195,000; median sale price was a bit lower at $181,000. Adjusting for low-end outliers—1705 Cary St, a mobile home in Kenwood Terrace and 719 Vaughn Ave, a fixer-upper currently stripped to its studs--as well as the one home just outside the city’s grid, 50796 Griffith Rd, the average and median sale prices jump up a bit to approximately $204,000 and $185,000 respectively. These numbers are a tick higher than the yearly averages, approximately $201,000 and $177,000. 


At $80,000, 514 11th Ave W was the most affordable turn-key home in Ashland last month. And while the home’s in need of some updates, most notably flooring, the home offers the greatest return on investment in my opinion. There are some minor foundation issues, but there’s some lost glory to rediscover in this home. 


The most expensive home of the month was just outside of the grid—with more land and larger homes, these tend to sell for more than those on city lots. The home on  Griffith Rd sold in six days for $395,000. Pretty quick sale for a home at that price point. Much of the home was remodeled last year into this year, and while the basement’s still in need of some updating, the sellers partnered some functional upgrades with aesthetic enhancements to net a sale almost twice that of which it last sold, $205,000, in early 2020. 


Between those bookends, two more of Northland’s single family homes—1613 Ellis Ave and 120 W 12th St—both modest but well maintained homes, closed last month. And both for reasonable prices: $150 and $160 respectively. 


On Ellis Ave, two gorgeous remodels sold. And for a lot. The sellers of 1019 Ellis, which sold for $339,000, thoroughly remodeled the interior and exterior of this home with a clean, modern aesthetic in mind. While 1019 Ellis is a beautiful home, 921 Ellis Ave, in my humble opinion, is a prime example of a more timeless remodeling effort, one that won’t feel dated as quickly as that of 1019. Details such as the addition of a farmhouse sink, a herringbone backsplash, period (albeit new) fixtures, punchy color choices, etc. contribute to the vibrancy to this gorgeous home. 


Otherwise, a small but thoughtfully crafted home on 3rd and Stuntz sold for $155,000. Extra good news for the new owners, the home next door, which had suffered a fire a couple of years ago, was just razed. And finally, in the 1500 block of 10th Ave W, a large home built in 1976 sold for just under $300,000; this home’s interior features are distinctly 70s but in the absolutely coolest way possible. 


Landwise, a smattering of city lots sold, nothing larger than a 16 acre parcel off Mack Rd that sold for a reasonable $2,256 an acre. 

Four homes in the Bayfield area sold last month. 


In the city itself, just one, a condo on 2nd Street. It’s the third condo in that unit to have sold this year. It sold for $266,000. The others sold for $262,500 and $295,000. If you’re in the market for a condo in Bayfield, a few others are currently for sale.


Otherwise, a modest little house with five acres on N County J sold quickly and for $15,000 more than the sellers were asking. At $240,000, it’s a great price for a home—however modest—in the area. 


Nearby but on the other side of 13, another modest home, this a two bed, two bath house on 1.8 acres sold for $332,500—just under the area’s average sale price this year—after settling on the market for 50 days. Sellers initially sought $399,000 but ultimately settled for 83% of that.


Finally, a stunning home on 10 acres off Oak Ridge Heights, a home with sweeping views of the Apostle Islands and beyond, one with a carriage house and a bevy of high-end finishes, sold. It’d been on the market for 624 days. With an initial asking price of $1,999,000, it was never a property that was going to fly off the market, but with its unique features, it was bound to sell eventually. So, 1 and 3/4 years after hitting the market, the home sold for $1,193,251 (a strange figure), a price 60% of what the sellers initially sought. 


Landwise, a three acre parcel on Longwood Dr between the city and the golf course, sold for $18,576 an acre. A five acre parcel on Hwy 13 near Old Kennedy Rd sold for $11,693 an acre. 


Nothing on the island last month. 


VIDEO OF BAYFIELD / MADELINE ISLAND REAL ESTATE SALES, AUGUST 2025

REAL ESTATE INFO FOR ASHLAND AND BAYFIELD COUNTIES

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