For sale

Price cut: $4.9K (7/1)

$475,000

1538 Lotus Ln, Eagle River, WI 54521

4beds

2,248sqft

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Single Family Residence

Built in 1985

4.4 Acres Lot

$-- Zestimate^®

$211/sqft

$-- HOA

What's special

Picturesque lakeside homeStunning lake views

Lotus Lake - This impressive 4 bedroom, 2 bath home boasts over 2200 sq ft of living space & features 200 feet of sand/silt frontage on 4.4 acres of land, ensuring exceptional privacy. The expansive wrap around lakeside deck affords stunning lake views and is easily accessible from both the living & family rooms. 1 of a kind lake views can be appreciated from nearly every room in the house, there is a gas fireplace in the family room & the walkout lower level provides additional space for entertaining along with convenient access to the lake, renowned for its exceptional fishing and swimming opportunities. Situated on serene land with expansion possibilities, the property also features a large 2 car garage with addt’l storage and/or a place to call home for the toys. This picturesque lakeside home is located on a dead-end road, close to the conveniences of town yet offering a secluded location. Snag this Northwood gem before it’s too late!

56 days

1,875

58

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Bedroom

Level: Basement
Dimensions: 13'1x10'2

Bedroom

Level: First
Dimensions: 12'10x11'5

Bedroom

Level: First
Dimensions: 12'7x11'1

Bedroom

Level: First
Dimensions: 8x11'1

Bathroom

Level: Basement

Bathroom

Level: First

Dining room

Level: First
Dimensions: 8'9x11'5

Family room

Level: First
Dimensions: 17'5x22'11

Kitchen

Level: First
Dimensions: 12'11x11'5

Laundry

Level: Basement
Dimensions: 16'4x7'3

Living room

Level: First
Dimensions: 23'2x11'1

Recreation

Level: Basement
Dimensions: 19'11x14'1

Utility room

Level: Basement
Dimensions: 13'1x11'3

Heating

Baseboard, Forced Air, Propane

Appliances

Included: Dryer, Dishwasher, Electric Oven, Electric Range, Propane Water Heater, Refrigerator, Washer
Laundry: Washer Hookup, In Basement

Features

Ceiling Fan(s), Walk-In Closet(s)
Flooring: Carpet, Laminate
Basement: Daylight,Exterior Entry,Full,Interior Entry,Partially Finished,Walk-Out Access
Number of fireplaces: 1
Fireplace features: Gas

Interior area

Total structure area: 2,248
Total interior livable area: 2,248 sqft
Finished area above ground: 1,423
Finished area below ground: 825

Property

Parking

Total spaces: 2
Parking features: Detached, Garage, Two Car Garage, Driveway
Garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Deck, Open
Exterior features: Shed, Paved Driveway, Propane Tank - Leased
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water
Waterfront features: Shoreline - Sand, Shoreline - Fisherman/Weeds, Shoreline - Silt, Boat Ramp/Lift Access, Lake Front
Body of water: LOTUS (Little Bass)
Frontage type: Lakefront
Frontage length: 200,200

Lot

Size: 4.4 Acres
Features: Dead End, Lake Front, Level, Private, Secluded, Views, Wooded, Retaining Wall

Details

Additional structures: Shed(s)
Parcel number: 667302

Construction

Type & style

Home type: SingleFamily
Architectural style: One Story
Property subtype: Single Family Residence

Materials

Frame, Modular/Prefab, Wood Siding
Foundation: Block
Roof: Composition,Shingle

Condition

Year built: 1985

Utilities & green energy

Electric: Circuit Breakers
Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
Water: Driven Well, Well

Community & HOA

Location

Region: Eagle River

Financial & listing details

Price per square foot: $211/sqft
Tax assessed value: $333,500
Annual tax amount: $1,879
Date on market: 5/6/2026
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/1/2026	Price change	$475,000-1%$211/sqft
Source: GNMLS #216888 Report a problem
5/6/2026	Listed for sale	$479,900-1.9%$213/sqft
Source: GNMLS #216888 Report a problem
4/2/2026	Listing removed	$489,000$218/sqft
Source: GNMLS #215102 Report a problem
11/18/2025	Listed for sale	$489,000-1.2%$218/sqft
Source: GNMLS #215102 Report a problem
11/5/2025	Listing removed	$495,000$220/sqft
Source: GNMLS #212402 Report a problem
9/26/2025	Price change	$495,000-1%$220/sqft
Source: GNMLS #212402 Report a problem
6/4/2025	Listed for sale	$499,900$222/sqft
Source: GNMLS #212402 Report a problem
9/30/2024	Listing removed	$499,900$222/sqft
Source: GNMLS #207473 Report a problem
7/5/2024	Price change	$499,900-4.8%$222/sqft
Source: GNMLS #207473 Report a problem
6/20/2024	Listed for sale	$524,900$233/sqft
Source: GNMLS #207473 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,912 -2.8%	$333,500
2023	$1,968 -7.3%	$333,500 +64.3%
2022	$2,123 +6.4%	$203,000
2021	$1,995 -2.9%	$203,000
2020	$2,055 +0.2%	$203,000
2019	$2,050 +2%	$203,000
2018	$2,010 +4%	$203,000
2017	$1,933 +11.2%	$203,000
2016	$1,739 -4.8%	$203,000 -1%
2015	$1,826 +2%	$205,000
2014	$1,789 -14.7%	$205,000
2013	$2,097	$205,000

Find assessor info on the county website

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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.

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