3936 Eagle Waters Rd Unit 1, Eagle River, WI 54521

$989,999
5
BD
6
BA

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List Price
$989,999
Price Change
▼ $210,001 1788569122
MLS#
217114
Status
ACTIVE
County
Vilas
City
Eagle River
Subdivision
Eagle Waters Resort Condo
Bedrooms
5
Bathrooms
6
Half-baths
1
Subtype Additional Info
Condominium

Property Description

Where Northwoods legends are made and lake memories last a lifetime!! Own a piece of Northwoods history at Historic Eagle Waters Resort on Eagle Lake, part of the legendary Eagle River Chain of Lakes... the LARGEST inland chain of lakes in the world!! This stunning 5-bedroom, 5,600+ square foot retreat just hit the rental market and is already commanding $1,000-$1,200 per night during peak season!! It brought in $27k in July alone! Sold COMPLETELY FURNISHED and perfectly located on the chain with easy access to Eagle River, this property delivers the full resort lifestyle... huge dock system, swimming frontage, outdoor pool, spacious lawn, and on-site restaurant right outside your door!! And those stunning lake views?? Thrown in for absolutely free!! Big enough to gather everyone together yet spread out enough that everyone can find their own little corner inside and out... this place has room to connect AND room to get lost!! Let's talk about the heart of this home... a kitchen TRULY meant for someone who loves to cook and entertain!! 8-burner range, double ovens, pantry, coffee station, and the BEST island imaginable for sitting around spilling the tea!! You have to SEE it to believe it!! The great room with gas fireplace, separate rec room with wet bar, and 1,200+ square feet of covered porch make entertaining effortless!! Primary suite on the main level, two ensuite bedrooms upstairs plus a bonus loft afford privacy for all... and the lower level with two large bedrooms, two full baths, and a sauna is the perfect haven for kids of all ages!! New 7-bedroom septic, 308 feet of shared frontage, and outstanding rental income potential make this an AMAZING opportunity whether you're looking for a personal getaway, an investment, or both!! Eagle River Chain living at its absolute finest!!

Additional Information

Days on Market
121
Year Built
2003
Style
Two Story
Stories
2
Interior Features
Wet Bar, Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Bath in Primary Bedroom, Main Level Primary, Sauna, Vaulted Ceiling(s), Walk-In Closet(s)
Cooling
Central Air
Heating
Forced Air, Natural Gas
Exterior Features
Deck, Landscaping, Pool
Roof
Composition, Shingle
Elementary School
VI Northland Pines-ER
Middle School
VI Northland Pines
High School
VI Northland Pines
Hoa Fee
$750

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Listing courtesy of RE/MAX PROPERTY PROS.