The best seat on North Twin Lake might just be in your own backyard. From the expansive rooftop deck atop the rare dry boathouse, the view opens to a breathtaking sweep of water, sky, and shoreline across nearly 3,500 acres of North and South Twin Lakes—an endless backdrop for boating, fishing, watersports, and unforgettable summer days. This is the kind of setting that naturally becomes the gathering place, where coffee lasts a little longer in the morning, afternoons are spent on the water, and evenings end watching the sun dance across the lake. Hop in the boat and cruise to restaurants on the lake, spend an afternoon at the nearby town park, or dock and stroll into downtown Phelps for an ice cream cone and the beloved Music on the Lake summer concerts. Set on 150 feet of frontage and nestled within a beautifully wooded 1-acre parcel, the 3BR/3BA home offers privacy, comfort, and room to unwind after a day outdoors. Zoned All Purpose and served by city sewer, the property also provides excellent flexibility as a short-term rental investment for those looking to offset ownership costs or generate income. Properties can be updated, remodeled, and improved over time—but a setting that combines big-water views, a rare boathouse sun deck, walkable small-town charm, and access to one of the Northwoods' premier recreational lakes is something that cannot be recreated.
Under contract
$725,000
2417 N Bay Ln, Phelps, WI 54554
3beds
2,186sqft
Single Family Residence
Built in ----
1 Acres Lot
$707,100 Zestimate®
$332/sqft
$-- HOA
What's special
- 37 days |
- 725 |
- 23 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
JUDY BARR & ASSOCIATES 715-891-4918,
RE/MAX PROPERTY PROS
Source: GNMLS,MLS#: 217509
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: First
- Dimensions: 10'11x16'2
Bedroom
- Level: Second
- Dimensions: 14'5x19'10
Bedroom
- Level: Second
- Dimensions: 16'5x20'10
Bathroom
- Level: First
Bathroom
- Level: Basement
Bathroom
- Level: Second
Bonus room
- Level: Basement
- Dimensions: 10'11x13'11
Dining room
- Level: First
- Dimensions: 10x10'2
Kitchen
- Level: First
- Dimensions: 14x10'2
Living room
- Level: First
- Dimensions: 24'10x16'3
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
Features
- Flooring: Carpet, Vinyl
- Basement: Exterior Entry,Interior Entry,Partial,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Stone
Interior area
- Total structure area: 2,186
- Total interior livable area: 2,186 sqft
- Finished area above ground: 1,870
- Finished area below ground: 316
Property
Parking
- Total spaces: 2
- Parking features: Underground, Garage, Two Car Garage, Driveway, Shared Driveway
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Deck, Open, Patio
- Exterior features: Dock, Landscaping, Patio, Gravel Driveway
- Has view: Yes
- On waterfront: Yes
- Waterfront features: Shoreline - Sand, Shoreline - Rocky, Lake Front
- Body of water: NORTH TWIN
- Frontage type: Lakefront
- Frontage length: 150,150
Lot
- Size: 1 Acres
- Dimensions: 150 x 269
- Features: Lake Front, Open Space, Sloped, Wooded
Details
- Additional structures: Boat House
- Parcel number: 18137201
- Zoning description: All Purpose
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One and One Half Story
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Roof: Composition,Shingle
Utilities & green energy
- Sewer: Public Sewer
- Water: Drilled Well
Community & HOA
Community
- Features: Shopping, Skiing, Trails/Paths
Location
- Region: Phelps
Financial & listing details
- Price per square foot: $332/sqft
- Tax assessed value: $306,100
- Annual tax amount: $3,824
- Date on market: 6/1/2026
- Ownership: Fee Simple
Estimated market value
$707,100
$672,000 - $742,000
$3,458/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Contingent | $725,000$332/sqft |
Source:  GNMLS #217509 Report a problem | ||
| 6/1/2026 | Listed for sale | $725,000-8.8%$332/sqft |
Source: GNMLS #217509 Report a problem | ||
| 10/27/2025 | Listing removed | $795,000$364/sqft |
Source: GNMLS #214290 Report a problem | ||
| 9/15/2025 | Listed for sale | $795,000+205.8%$364/sqft |
Source: GNMLS #214290 Report a problem | ||
| 2/23/2015 | Sold | $260,000$119/sqft |
Source: GNMLS #146784 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,687 +9.2% | $306,100 |
| 2023 | $3,376 -4.5% | $306,100 |
| 2022 | $3,537 +2.2% | $306,100 |
| 2021 | $3,461 -2.9% | $306,100 |
| 2020 | $3,562 -1.7% | $306,100 |
| 2019 | $3,624 -4.4% | $306,100 -7.6% |
| 2018 | $3,790 +7.2% | $331,200 |
| 2017 | $3,536 -1.1% | $331,200 |
| 2016 | $3,577 -0.8% | $331,200 |
| 2015 | $3,604 -4% | $331,200 |
| 2014 | $3,755 -9.6% | -- |
| 2013 | $4,155 | $356,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 5/10Phelps Elementary SchoolGrades: PK-8Distance: 0.7 mi
- 9/10Phelps High SchoolGrades: 9-12Distance: 0.7 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Wisconsin
- Vilas County
- Phelps
- 54554
- 2417 N Bay Ln
Nearby cities
Nearby zip codes
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