Skip main navigation
For sale
  • $679,900

    1386 E Point Ln, Phelps, WI 54554

    2beds
    2,456sqft
    : 
    $3,967/mo
    Get pre-qualified
    Single Family Residence
    Built in 2003
    2.65 Acres Lot
    $-- Zestimate®
    $277/sqft
    $-- HOA

    What's special

    Included boat liftPeaceful waterFinished walkout lower levelExceptional swimming areaSpacious bedroomButternut accent wallWaterfront firepit
    This is the kind of Northwoods lake property buyers wait years to find! Privately tucked among mature trees on 2.65 wooded acres, this very well maintained chalet-style retreat offers more than 160 feet of sand frontage on peaceful Spectacle Lake. Neighboring homes are nearly hidden from view, creating a rare sense of seclusion while remaining convenient to Phelps. A comfortable approach leads to an exceptional swimming area, waterfront firepit, wheeled pier and included boat lift. Inside, a dramatic wall of lakeside windows fills the open-concept kitchen, dining and great room with natural light while framing expansive water views. The wood-burning stove adds warmth and classic Up North character, while the expansive wraparound lakeside deck is perfect for morning coffee, outdoor dining, entertaining or simply listening to the wonderful sounds of nature. The main level includes a spacious bedroom and full bath, while the upper loft provides flexible space for additional sleeping, a home office, or a quiet retreat. The finished walkout lower level adds a bright recreation room with lake views, pellet stove, butternut accent wall, built-in cedar-lined storage and a beautifully designed second full bath with a new tiled shower. An additional lower-level room is currently used as a bedroom but is nonconforming due to egress. A large utility room provides excellent storage and houses the mechanical systems. Additional features include forced-air propane heat, a 500-gallon propane tank (owned) and a propane-powered whole-house generator for added comfort and security. The 32x24 garage offers room for up to three vehicles and Northwoods toys, plus substantial upper-level storage currently used as a woodworking and hobby area. The pier and boat lift are included, and select furnishings may be negotiable. Peaceful water, tremendous privacy, remarkable sand frontage, quality construction, and unmistakable pride of ownership come together in one extraordinary package!
    3 days
    |
    1,321
    |
    92
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    JEREMY RYAN 262-308-5009,

    ELIASON REALTY - EAGLE RIVER

    Source: GNMLS,MLS#: 218897MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Bedroom
      • Level: First
      • Dimensions: 14'4x11'10
      Bedroom
      • Level: Basement
      • Dimensions: 13'8x13'8
      Bathroom
      • Level: Basement
      Bathroom
      • Level: First
      Dining room
      • Level: First
      • Dimensions: 9x14
      Great room
      • Level: First
      • Dimensions: 18'5x23
      Kitchen
      • Level: First
      • Dimensions: 16'2x13
      Loft
      • Level: Second
      • Dimensions: 18'8x20'4
      Recreation
      • Level: Basement
      • Dimensions: 30x14'5
      Utility room
      • Level: Basement
      • Dimensions: 16x9'4
      Heating
      • Forced Air, Propane
      Appliances
      • Included: Dryer, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Propane Water Heater, Refrigerator, Washer
      • Laundry: Washer Hookup, In Basement
      Features
      • Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Skylights, Vaulted Ceiling(s)
      • Flooring: Carpet, Vinyl, Wood
      • Windows: Skylight(s)
      • Basement: Exterior Entry,Full,Finished,Interior Entry,Walk-Out Access
      • Attic: None
      • Has fireplace: No
      • Fireplace features: Free Standing, Pellet Stove, Stone, Wood Burning
      Interior area
      • Total structure area: 2,456
      • Total interior livable area: 2,456 sqft
      • Finished area above ground: 1,528
      • Finished area below ground: 928

      Property

      Parking
      • Total spaces: 6
      • Parking features: Detached, Garage, Storage, Driveway
      • Garage spaces: 3
      • Has uncovered spaces: Yes
      Features
      • Levels: One and One Half
      • Stories: 1.5
      • Patio & porch: Deck, Open
      • Exterior features: Boat Lift, Dock, Landscaping, Gravel Driveway, Propane Tank - Owned
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Shoreline - Sand, Boat Ramp/Lift Access, Lake Front
      • Body of water: SPECTACLE
      • Frontage type: Lakefront
      • Frontage length: 161,161
      Lot
      • Size: 2.65 Acres
      • Dimensions: 160 x 800
      • Features: Dead End, Lake Front, Private, Rural Lot, Secluded, Views, Wooded
      Details
      • Parcel number: 18175705
      • Zoning description: All Purpose
      • Other equipment: Generator

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Chalet/Alpine,One and One Half Story
      • Property subtype: Single Family Residence
      Materials
      • Frame, Log Siding
      • Foundation: Poured
      • Roof: Composition,Shingle
      Condition
      • Year built: 2003

      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: $277/sqft
      • Tax assessed value: $305,000
      • Annual tax amount: $3,396
      • Date on market: 8/6/2026
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/6/2026Listed for sale$679,900$277/sqft
        Source: GNMLS #218897 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,167 +1.9%$305,000
        2023$3,106 -4.6%$305,000
        2022$3,254 +2.6%$305,000
        2021$3,171 -3%$305,000
        2020$3,270 -1.8%$305,000
        2019$3,329 +9.8%$305,000 +6%
        2018$3,033 +3.8%$287,800
        2017$2,921 -1.2%$287,800
        2016$2,956 -0.8%$287,800
        2015$2,979 +3.4%$287,800
        2014$2,880 -10.1%$287,800
        2013$3,204 $287,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 54554

        Getting around

        0 / 100
        Car-Dependent
        9 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes