Welcome to this impeccably maintained chalet-style lakefront retreat on beautiful Spectacle Lake. Built in 1999 and lovingly owned by the same owner since construction, this 3 bed, 2 full bath home offers over 2,300 sq ft of finished living space and an undeniable sense of pride of ownership throughout. Opportunities to own a property cared for with this level of attention and detail are becoming increasingly difficult to find in today’s highly competitive Northwoods lakefront market. The open concept main level welcomes you with soaring cathedral ceilings, abundant natural light, stunning lake views, and a beautiful fieldstone wood-burning fireplace. The main floor features a spacious bedroom, full bath, and comfortable living and dining areas ideal for entertaining or relaxing after a day on the water. Upstairs, the versatile loft area provides excellent additional sleeping space, home office potential, or crafting area. The fully finished walkout lower level offers two generously sized bedrooms, a second full bath, fam/rec room, laundry, and additional entertaining space for family and guests. Tasteful updates completed throughout the years including flooring, kitchen improvements, staining, and numerous additional enhancements allow this property to show exceptionally well both inside and out. Situated on approximately 2.4 beautifully wooded acres with over 161’ of excellent sand frontage, the outdoor setting is equally impressive. Enjoy breathtaking western exposure sunsets from the massive lakeside deck, gather around the firepit overlooking the water, or spend the day enjoying this full recreational lake with direct ATV/UTV trail access nearby. Spectacle Lake also features a public boat landing maintained by the USFS. Additional features include central air, forced air heat, Generac backup generator, drilled well, conventional septic, newer Pier Pleasure dock, detached 24x30 garage, mature hardwoods, and most furnishings included for a nearly turn-key home.
Sold for $720,000
$720,000
1064 Nicolet Shores Ln, Phelps, WI 54554
3beds
2,135sqft
Single Family Residence
Built in 1999
2.41 Acres Lot
$724,000 Zestimate®
$337/sqft
$2,741 Estimated rent
Home value
$724,000
Estimated sales range
Not available
$2,741/mo
Zestimate® history
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List your homeWhat's special
Versatile loft areaMature hardwoodsSpacious bedroomStunning lake viewsSoaring cathedral ceilingsAbundant natural lightNewer pier pleasure dock
Zillow last checked:
Listing updated:
Listed by:
JEREMY RYAN 262-308-5009,
ELIASON REALTY - EAGLE RIVER
Bought with:
CLIFF KOLINSKY
CENTURY 21 BURKETT - LOL
Source: GNMLS,MLS#: 217044
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: First
- Dimensions: 13x13
Bedroom
- Level: Basement
- Dimensions: 13x12'8
Bedroom
- Level: Basement
- Dimensions: 12'6x13
Bathroom
- Level: Basement
Bathroom
- Level: First
Dining room
- Level: First
- Dimensions: 10x11
Great room
- Level: First
- Dimensions: 18x18
Kitchen
- Level: First
- Dimensions: 9x14
Loft
- Level: Second
- Dimensions: 17x15
Recreation
- Level: Basement
- Dimensions: 21x13
Utility room
- Level: Basement
- Dimensions: 13x12'7
Heating
- Electric, Forced Air, Propane
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Microwave, Propane Water Heater, Refrigerator, Washer
- Laundry: Washer Hookup, In Basement
Features
- Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)
- Flooring: Carpet, Laminate, Vinyl
- Basement: Daylight,Exterior Entry,Egress Windows,Full,Finished,Interior Entry,Walk-Out Access
- Attic: None
- Number of fireplaces: 1
- Fireplace features: Stone, Wood Burning
Interior area
- Total structure area: 2,135
- Total interior livable area: 2,135 sqft
- Finished area above ground: 1,296
- Finished area below ground: 839
Property
Parking
- Total spaces: 2
- Parking features: Additional Parking, Detached, Garage, Two Car Garage, Driveway
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck, Open
- Exterior features: Dock, Landscaping, Gravel Driveway, Propane Tank - Leased
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Shoreline - Sand, Lake Front
- Body of water: SPECTACLE
- Frontage type: Lakefront
- Frontage length: 161,161
Lot
- Size: 2.41 Acres
- Dimensions: 160 x 580
- Features: Buildable, Dead End, Lake Front, Private, Rural Lot, Secluded, Sloped, Views, Waterfront, Retaining Wall
Details
- Parcel number: 18175704
- Zoning description: Residential
- Other equipment: Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Chalet/Alpine
- Property subtype: Single Family Residence
Materials
- Cedar, Frame, Wood Siding
- Foundation: Poured
- Roof: Composition,Shingle
Condition
- Year built: 1999
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
- Water: Drilled Well
Community & HOA
Location
- Region: Phelps
Financial & listing details
- Price per square foot: $337/sqft
- Tax assessed value: $286,500
- Annual tax amount: $3,104
- Date on market: 5/13/2026
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Sold | $720,000+3%$337/sqft |
Source:  GNMLS #217044 Report a problem | ||
| 5/18/2026 | Contingent | $699,000$327/sqft |
Source: GNMLS #217044 Report a problem | ||
| 5/13/2026 | Listed for sale | $699,000$327/sqft |
Source: GNMLS #217044 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,868 +3.2% | $286,500 |
| 2023 | $2,779 -9% | $286,500 |
| 2022 | $3,054 +2.6% | $286,500 |
| 2021 | $2,976 -3% | $286,500 |
| 2020 | $3,068 -1.8% | $286,500 |
| 2019 | $3,124 +9.9% | $286,500 +6.1% |
| 2018 | $2,842 +3.8% | $270,000 |
| 2017 | $2,737 -1.2% | $270,000 |
| 2016 | $2,770 -0.8% | $270,000 |
| 2015 | $2,792 +3.4% | $270,000 |
| 2014 | $2,699 -10.1% | $270,000 |
| 2013 | $3,003 | $270,000 |
Find assessor info on the county website
Neighborhood: 54554
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Nearby schools
GreatSchools rating
- 5/10Phelps Elementary SchoolGrades: PK-8Distance: 5.1 mi
- 9/10Phelps High SchoolGrades: 9-12Distance: 5.1 mi
Schools provided by the listing agent
- Elementary: VI Phelps
- Middle: VI Phelps
- High: VI Phelps
Source: GNMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Wisconsin
- Vilas County
- Phelps
- 54554
- 1064 Nicolet Shores Ln
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