IMPRESSIVE IS AN UNDERSTATEMENT! This executive waterfront retreat offers nearly 6,000 square feet of distinctive living space, 2.12 beautiful acres, and 150 feet of very nice sand/gravel frontage on one of Vilas County’s premier fishing and recreational lakes. Already established as an exceptionally successful vacation rental generating serious revenue, this property is designed to accommodate even the largest gatherings with five generously sized bedrooms, four spacious bathrooms, and an enormous recreation and bar area made for unforgettable time with family and friends. The open-concept kitchen, dining area, and great room create an inviting centerpiece, while a stunning, two-sided stone fireplace brings warmth and character to both the great room and recreation area. Eclectic, expansive, and truly one of a kind, this property offers incredible versatility as an executive residence, family retreat, or income-producing investment. Step outside to a level, usable lot with absolutely breathtaking lake views and just a few steps leading to the water’s edge. Comfort and convenience are covered with in-floor heat, forced-air heat, central air conditioning, natural gas, and municipal sewer and water. A large parking area readily accommodates owners and guests, while the spacious acreage provides plenty of room for a future pole building or oversized garage. Properties offering this combination of size, acreage, frontage, setting, and proven income potential are incredibly difficult to find. This is one you absolutely need to experience in person—WOW!
Under contract
$1,150,000
2624 Holiday Lodge Ln, Phelps, WI 54554
5beds
6,014sqft
Single Family Residence
Built in ----
2.12 Acres Lot
$-- Zestimate®
$191/sqft
$-- HOA
What's special
Five generously sized bedroomsFour spacious bathrooms
- 24 days
- 1,251
- 62
Zillow last checked:
Listing updated:
Listed by:
JEREMY RYAN 262-308-5009,
ELIASON REALTY - EAGLE RIVER
Source: GNMLS,MLS#: 219279
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Bedroom
- Level: First
- Dimensions: 9'2x22
Bedroom
- Level: First
- Dimensions: 18x11'9
Bedroom
- Level: First
- Dimensions: 11'3x13'6
Bedroom
- Level: First
- Dimensions: 13'6x11'7
Bedroom
- Level: First
- Dimensions: 10'4x12'9
Bathroom
- Level: First
Bathroom
- Level: First
Bathroom
- Level: First
Bathroom
- Level: First
Dining room
- Level: First
- Dimensions: 15x22
Entry foyer
- Level: First
- Dimensions: 10x10
Great room
- Level: First
- Dimensions: 40x32
Kitchen
- Level: First
- Dimensions: 15x19
Recreation
- Level: First
- Dimensions: 39x45
Utility room
- Level: First
- Dimensions: 8'9x12
Heating
- Forced Air, Natural Gas, Radiant Floor
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, Washer
- Laundry: Main Level
Features
- Wet Bar, Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)
- Flooring: Carpet, Ceramic Tile
- Basement: None
- Attic: None
- Number of fireplaces: 1
- Fireplace features: Stone
Interior area
- Total structure area: 6,014
- Total interior livable area: 6,014 sqft
- Finished area above ground: 6,014
- Finished area below ground: 0
Property
Parking
- Total spaces: 16
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Open, Patio
- Exterior features: Boat Lift, Dock, Landscaping, Other, Patio, Gravel Driveway
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Shoreline - Sand, Shoreline - Gravel, Boat Ramp/Lift Access
- Body of water: NORTH TWIN
- Frontage length: 150,150
Lot
- Size: 2.12 Acres
- Dimensions: 150 x 360
- Features: Dead End, Open Space, Views, Retaining Wall
Details
- Parcel number: 18304 & 1833301
- Zoning description: All Purpose
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Frame, Log Siding
- Foundation: Slab
- Roof: Composition,Shingle
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Phelps
Financial & listing details
- Price per square foot: $191/sqft
- Tax assessed value: $180,000
- Annual tax amount: $9,917
- Date on market: 8/27/2026
- Ownership: Fee Simple
- Road surface type: Unimproved
Estimated market value
Not available
Estimated sales range
Not available
$4,357/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Contingent | $1,150,000$191/sqft |
Source: | ||
| 8/27/2026 | Listed for sale | $1,150,000+28.5%$191/sqft |
Source: | ||
| 2/16/2021 | Listing removed | -- |
Source: | ||
| 2/12/2021 | Listed for sale | $895,000$149/sqft |
Source: | ||
| 12/30/2020 | Contingent | $895,000$149/sqft |
Source: Upper Peninsula AOR #1124500 Report a problem | ||
| 12/30/2020 | Pending sale | $895,000$149/sqft |
Source: KELLER WILLIAMS - UPPER PENINSULA #1124500 Report a problem | ||
| 11/30/2020 | Listed for sale | $895,000+155.7%$149/sqft |
Source: KELLER WILLIAMS - UPPER PENINSULA #1124500 Report a problem | ||
| 3/19/2015 | Sold | $350,000$58/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,063 +53.4% | $180,000 |
| 2023 | $1,997 -4.6% | $180,000 |
| 2022 | $2,094 +2.1% | $180,000 |
| 2021 | $2,052 -2.9% | $180,000 |
| 2020 | $2,114 -1.8% | $180,000 |
| 2019 | $2,152 +0.3% | $180,000 -2.9% |
| 2018 | $2,144 +6.8% | $185,400 |
| 2017 | $2,008 -1.2% | $185,400 |
| 2016 | $2,031 -0.6% | $185,400 |
| 2015 | $2,044 +3.2% | $185,400 |
| 2014 | $1,981 -62.8% | $185,400 |
| 2013 | $5,330 | $185,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 54554
Nearby schools
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.





