3980 Pedersen Trl, Phelps, WI 54554
What's special
Welcome to a property that doesn’t just check the boxes; it stands out from everything else on the market. From the moment you arrive, you’ll notice what makes this opportunity so special: 1020 Ft of pancake-level sand frontage paired with the well-positioned four-bedroom, three-bath home designed to take full advantage of its surroundings. This is one of those rare places where you can enjoy both sunrise and sunset views. Start your morning with peaceful, glowing sunrises that stretch over the 2,782 Acre North Twin Lake, and then end your day with vibrant sunsets painting the sky over the serene 628 Acre South Twin Lake. All visible from your home, deck, or shoreline. Inside, the main living spaces are framed by large windows that highlight unbelievable views and bring in natural light from morning to night, creating a constant connection to the outdoors. Whether you're enjoying your first cup of coffee or winding down with a beverage in the evening, the scenery becomes part of your everyday life. The wide, level frontage creates the perfect place for outdoor living. With over 3.3 Acres across 3 parcels, every square inch will enhance your dream property. Picture a custom patio with a fire pit down by the water, an outdoor kitchen, a screened gazebo, or simply open space to relax and take it all in. Use the property as is, find ways to enhance the existing home, or create your ultimate dream home with space to expand without compromise. Whether it's a vacation home, a full-time residence, or an investment, this property can deliver both comfort and long-term value. What are you waiting for? A move-in-ready home, flat usable land, panoramic views, and over 3,000 acres of water to explore and enjoy is an incredibly rare combination. Come experience this true Northwoods gem today!
- 135 days |
- 404 |
- 9 |
Travel times
Family Room
Kitchen
Dining Room
Zillow last checked:
Listing updated:
NOEL FITZGERALD 262-416-4367,
FIRST WEBER - EAGLE RIVER
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 13'5x15'4
Bedroom
- Level: Second
- Dimensions: 14'4x15'3
Bedroom
- Level: Second
- Dimensions: 13'5x8'9
Bedroom
- Level: Second
- Dimensions: 11x9'1
Bathroom
- Level: First
Bathroom
- Level: Second
Bathroom
- Level: First
Dining room
- Level: First
- Dimensions: 12'1x11'2
Entry foyer
- Level: First
- Dimensions: 10'11x9'8
Kitchen
- Level: First
- Dimensions: 10'3x10'2
Laundry
- Level: First
- Dimensions: 3'2x4'9
Living room
- Level: First
- Dimensions: 27'6x19'6
Other
- Level: First
- Dimensions: 7'6x9'9
Other
- Level: Second
- Dimensions: 6x5'1
Sunroom
- Level: First
- Dimensions: 22'9x17'8
Heating
- Forced Air, Natural Gas
Appliances
- Included: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Propane Water Heater, Refrigerator, Washer
- Laundry: Main Level
Features
- Additional Living Quarters, Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Main Level Primary, Skylights, Vaulted Ceiling(s)
- Flooring: Carpet, Vinyl, Wood
- Windows: Skylight(s)
- Basement: Exterior Entry,Interior Entry,Unfinished,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 3,314
- Total interior livable area: 3,314 sqft
- Finished area above ground: 2,406
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Additional Parking, Garage, Heated Garage, Storage, Driveway
- Garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Open
- Exterior features: Boat Lift, Dock, Garden, Out Building(s), Gravel Driveway
- 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: NORTH TWIN
- Frontage type: Lakefront
- Frontage length: 1020,1020
Lot
- Size: 3.37 Acres
- Features: Lake Front, Level, Private, Secluded, Views, Wooded
Details
- Additional structures: Outbuilding
- Parcel number: 18503, 18496 and 81781
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Roof: Composition,Shingle
Condition
- Year built: 1940
Utilities & green energy
- Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
- Water: Drilled Well
Community & HOA
Location
- Region: Phelps
Financial & listing details
- Price per square foot: $542/sqft
- Tax assessed value: $525,800
- Annual tax amount: $6,453
- Date on market: 5/22/2026
- Ownership: Trust
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Price change | $1,795,000-3%$542/sqft |
Source:  GNMLS #217298 | ||
| 5/22/2026 | Listed for sale | $1,850,000-5.1%$558/sqft |
Source: GNMLS #217298 | ||
| 4/22/2026 | Listing removed | $1,950,000$588/sqft |
Source: GNMLS #211440 | ||
| 8/4/2025 | Price change | $1,950,000-7.1%$588/sqft |
Source: GNMLS #211440 | ||
| 4/21/2025 | Listed for sale | $2,100,000$634/sqft |
Source: GNMLS #211440 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,741 +7.2% | $525,800 |
| 2023 | $5,356 -7% | $525,800 |
| 2022 | $5,760 +1.3% | $525,800 |
| 2021 | $5,686 -3% | $525,800 |
| 2020 | $5,860 -1.8% | $525,800 |
| 2019 | $5,966 -5.1% | $525,800 -8.3% |
| 2018 | $6,284 +8.7% | $573,600 |
| 2017 | $5,783 -1% | $573,600 |
| 2016 | $5,845 -2.3% | $573,600 |
| 2015 | $5,985 +3.4% | $573,600 |
| 2014 | $5,789 | $573,600 |
| 2013 | -- | $573,600 |
Find assessor info on the county website
Monthly payment
Estimated market value
$1,638,100
$1.56M - $1.72M
$3,108/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.