REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Rick Lovdal

rick@eliasonrealty.com +1(715) 891-5608

$ 89,900

Est. payment -/mo

Save

New

4508 HILL RD Phelps, WI 54554

2 Beds

2 Baths

960 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 960 sqft

Price per Sqft $93

MLS Listing ID 217331

Style One Story

Bedrooms 2

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 960

Annual Tax Amount $795

Tax Year 2025

Lot Size 6,970 Sqft

Acres 0.16000918

Lot Dimensions 47x152

Property Sub-Type Single Family Residence

Property Description

Welcome to an affordable opportunity in the heart of the Northwoods! This 2 bed, 2 bath home in Phelps offers tremendous potential for the right buyer looking to build equity, create a cozy Up North retreat, or invest in the growing demand for affordable housing. Whether you are searching for a starter home, downsizing option, long-term rental, short-term rental, or simple fishing and hunting getaway, this property deserves serious consideration. Conveniently located within walking distance to many local amenities, the property sits less than a block from the popular ice cream shop and just a short walk from Lakefront Pines Park and North Twin Lake access. Natural gas, municipal sewer and water, and high-speed internet availability provide conveniences that are increasingly difficult to find at this price point in the Northwoods. Inside, you will find a spacious layout with solid bones and excellent flexibility for future improvements. One exceptionally large bedroom offers numerous possibilities including additional sleeping arrangements, office space, hobby area, or potential reconfiguration depending on a buyer's vision. While portions of the home are dated and could benefit from cosmetic updating, the property offers a very functional layout and the potential to become incredibly charming without requiring a complete overhaul. The lower level provides additional usable space with excellent potential for a future rec room, crafting area, workshop, or additional hangout space. The detached 18x24 garage adds storage space, though buyers should note much of the structure appears to encroach onto the neighboring parcel. The property has been priced accordingly. This estate property is being sold AS-IS as part of settling a family estate. Historically used as a simple and enjoyable gathering place for fishing trips, weekends, and family memories, this property now offers a new owner the opportunity to bring fresh vision and life to a well-located home with potential.

Location

State WI

County Vilas

Community Shopping

Zoning Other

Direction Take CTH B to right on Hwy 45. Take Hwy 45 to left on CTH E. Take CTH to Phelps. Go straight at the stop sign in Phelps to fire number 4508.

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Interior Features Ceiling Fan(s)

Heating Forced Air, Natural Gas

Flooring Carpet, Laminate, Vinyl

Fireplaces Number 1

Fireplaces Type Wood Burning

Furnishings Furnished Or Unfurnished

Fireplace Yes

Appliance Dryer, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer

Laundry Washer Hookup, In Basement

Exterior

Exterior Feature Landscaping, Gravel Driveway

Parking Features Garage, One Car Garage, Driveway

Garage Spaces 1.0

Community Features Shopping

Utilities Available Natural Gas Available

Water Access Desc Public

Roof Type Composition,Shingle

Street Surface Paved

Porch Deck, Open

Road Frontage Town Road

Garage Yes

Building

Lot Description Level

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories One

Schools

Elementary Schools Vi Phelps

Middle Schools Vi Phelps

High Schools Vi Phelps

Others

Tax ID 18-117

Ownership Fee Simple

Listed by ELIASON REALTY - EAGLE RIVER

NEARBY SCHOOLS & PROPERTIES

Rick Lovdal

Agent

+1(715) 891-5608

GET MORE INFORMATION

QUICK SEARCH