2560 Millerville Rd # Units 1- 6, Phelps, WI

$849,000 - North Twin Lake

6

Beds

4

Baths

About 2560 Millerville Rd # Units 1- 6

Outstanding Northwoods investment opportunity on premier North Twin Lake! This unique offering includes three fully furnished waterfront condominium homes being sold together as one package. Located on 2,788-acre North Twin Lake in Phelps, this established vacation rental property offers proven rental history, outstanding income potential, & endless possibilities for future growth. The three residences feature a combined 6 BR & 4 BA, each with its own tax parcel while remaining part of a single condominium declaration. Continue operating as a successful short-term rental investment, create a corporate retreat, or enjoy as a private family compound while generating rental income. Guests & owners alike will appreciate the super-level frontage, excellent fishing, boating, swimming, & year-round recreation. Conveniently located just steps from the public boat landing, the popular Great Escape Bar & Restaurant, & only minutes from downtown Phelps. Sold turnkey with furnishings included, this investment is ready to generate income from day one. Recent improvements include a new furnace, water heater, front door, washer & dryer in the Eagle Nest unit, upgraded East/West & Eagle Nest decks, 5,000-lb. power boat lift with solar charger, two additional dock sections, upgraded electrical improvements, new Eagle Nest ceiling, & central air ductwork for future expansion. A rare opportunity to own an established Northwoods waterfront vacation rental portfolio on one of Wisconsin’s premier lakes!

Features of 2560 Millerville Rd # Units 1- 6

MLS® # 218865
Price $849,000
Bedrooms 6
Bathrooms 4.00
Full Baths 4
Type Commercial
Sub-Type Motel/Hotel
Status Active
Lake Name North Twin Lake

Community Information

Address 2560 Millerville Rd # Units 1- 6
City Phelps
County Vilas
State WI
Zip Code 54554

Amenities

Utilities Electricity Available, Natural Gas Available, High Speed Internet Connected, Phone Available, Underground Utilities
Features Dead End, Lake Front, Level, Views, Wooded
Parking Garage, Paved
Garages Garage, Paved
View Water
Is Waterfront Yes
Waterfront Shoreline - Sand, Lake Front
Has Pool No

Interior

Heating Forced Air, Natural Gas, Space Heater
Cooling Central Air
Fireplace No
Has Basement No

Exterior

Lot Description Dead End, Lake Front, Level, Views, Wooded
Roof Composition, Shingle

Additional Information

Date Listed July 28th, 2026
Days on Market 28
Short Sale No
RE / Bank Owned No
Taxes $2,006
Tax Year 2025
Agent Kay Reil
Office RE/MAX PROPERTY PROS

Listing Details

OfficeRE/MAX PROPERTY PROS

Interested in this property?

Request Showing

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?