2417 North Bay Ln, Phelps, WI 54554

$725,000
: 3
BD
: 3
BA

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List Price: $725,000
MLS#: 217509
Status: ACTIVE UNDER CONTRACT
County: Vilas
City: Phelps
Bedrooms: 3
Bathrooms: 3
Subtype Additional Info: Single Family Residence

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Property Description

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.

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