1386 East Point Ln, Phelps, WI

$679,900 - Spectacle Lake

2

Beds

2

Baths

About 1386 East Point Ln

This is the kind of Northwoods lake property buyers wait years to find! Privately tucked among mature trees on 2.65 wooded acres, this very well maintained chalet-style retreat offers more than 160 feet of sand frontage on peaceful Spectacle Lake. Neighboring homes are nearly hidden from view, creating a rare sense of seclusion while remaining convenient to Phelps. A comfortable approach leads to an exceptional swimming area, waterfront firepit, wheeled pier and included boat lift. Inside, a dramatic wall of lakeside windows fills the open-concept kitchen, dining and great room with natural light while framing expansive water views. The wood-burning stove adds warmth and classic Up North character, while the expansive wraparound lakeside deck is perfect for morning coffee, outdoor dining, entertaining or simply listening to the wonderful sounds of nature. The main level includes a spacious bedroom and full bath, while the upper loft provides flexible space for additional sleeping, a home office, or a quiet retreat. The finished walkout lower level adds a bright recreation room with lake views, pellet stove, butternut accent wall, built-in cedar-lined storage and a beautifully designed second full bath with a new tiled shower. An additional lower-level room is currently used as a bedroom but is nonconforming due to egress. A large utility room provides excellent storage and houses the mechanical systems. Additional features include forced-air propane heat, a 500-gallon propane tank (owned) and a propane-powered whole-house generator for added comfort and security. The 32x24 garage offers room for up to three vehicles and Northwoods toys, plus substantial upper-level storage currently used as a woodworking and hobby area. The pier and boat lift are included, and select furnishings may be negotiable. Peaceful water, tremendous privacy, remarkable sand frontage, quality construction, and unmistakable pride of ownership come together in one extraordinary package!

Features of 1386 East Point Ln

MLS® # 218897
Price $679,900
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Year Built 2003
Type Single Family
Sub-Type Residential
Style Chalet/Alpine, One and One Half Story
Status Pending
Lake Name Spectacle Lake

Community Information

Address 1386 East Point Ln
City Phelps
County Vilas
State WI
Zip Code 54554

Amenities

Features Dead End, Lake Front, Private, Rural Lot, Secluded, Views, Wooded
Parking Spaces 6
Parking Detached, Garage, Storage, Driveway
# of Garages 3
Garages Detached, Garage, Storage, Driveway
View Water
Is Waterfront Yes
Waterfront Shoreline - Sand, Boat Ramp/Lift Access, Lake Front
Has Pool No

Interior

Interior Carpet, Vinyl, Wood
Interior Features Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Skylights, Vaulted Ceiling(s)
Appliances Dryer, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Propane Water Heater, Refrigerator, Washer
Heating Forced Air, Propane
Fireplace Yes
Fireplaces Free Standing, Pellet Stove, Stone, Wood Burning
Has Basement Yes
Basement Exterior Entry, Full, Finished, Interior Entry, Walk-Out Access

Exterior

Exterior Frame, Log Siding
Exterior Features Boat Lift, Dock, Landscaping, Gravel Driveway, Propane Tank - Owned
Lot Description Dead End, Lake Front, Private, Rural Lot, Secluded, Views, Wooded
Windows Skylight(s)
Roof Composition, Shingle
Construction Frame, Log Siding
Foundation Poured

School Information

Elementary VI Phelps
Middle VI Phelps
High VI Phelps

Additional Information

Date Listed August 5th, 2026
Days on Market 5
Short Sale No
RE / Bank Owned No
Taxes $3,396
Tax Year 2025
Agent Jeremy Ryan
Office ELIASON REALTY - EAGLE RIVER

Listing Details

OfficeELIASON REALTY - EAGLE RIVER

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