3801 Eagle Waters Rd, Eagle River, WI 54521

$4,000,000

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List Price
$4,000,000
MLS#
219035
Status
ACTIVE
County
Vilas
City
Eagle River
Subtype Additional Info
Unimproved Land, Investment

Property Description

121-Acre Waterfront Development Opportunity~An exceptional opportunity awaits with 121 acres of prime waterfront property on the Eagle River Chain, featuring an impressive 872 feet of waterfront on Voyageur Lake, and tremendous development potential! The property is currently approved as a planned use development and is ready to accommodate up to 144 additional homes under the existing approved development plan. Buyers can move forward with the current plan or explore alternative development concepts, subject to county approval and any required changes to the existing use. The property also has an established HOA plan, with a monthly fee of $240 per property, which covers lawn maintenance, snow removal, and trash removal—providing an attractive and convenient ownership structure for future residents. Adding to the property's appeal is a new permanent pier featuring 18 boat slips, providing exceptional access to the Eagle River Chain and enhancing the recreational and waterfront value of the development. The Fitness Center needs work but has a sauna, workout equipment, lockers, pool and hot tub.Whether you're looking to continue with the existing approved plan or envision a different use for this remarkable property, this is a rare opportunity to acquire a large-scale waterfront development with substantial potential.

Additional Information

Days on Market
9

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Listing courtesy of REDMAN REALTY GROUP, LLC.