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    Phelps, WI
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    Phelps, WI Waterfront Land for Sale

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    Motel With Lakefront Parcel
    Updated: Sep 2
    Motel With Lakefront Parcel

    2315 HWY 17, Phelps, WI 54554

    $824,900
    3.72 AC lot
    10 furnished motel rooms: five double‑queen and five king rooms
    2BR/2BA owner‑manager residence with reception area and additional guest space
    Approximately 3.72 acres, including a separate 0.62‑acre lakefront parcel
    150' of sand/gravel frontage on North Twin Lake with western exposure
    30 x 46 rental storage building plus multiple garages
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    Waterfront Residential Land Parcel
    Updated: Oct 23, 2025
    Waterfront Residential Land Parcel

    4619 COUNTY ROAD E, Phelps, WI 54554

    $499,900
    7.00 AC lot
    7 +/- acre lot on North Twin Lake with access to 2,800 acres of recreational opportunities
    Utilities on site: electricity available
    Services available: public water and public sewer
    Zoned “All Purpose”
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    Waterfront Land with Shared Boardwalk
    Waterfront Land with Shared Boardwalk

    Off FERNWOOD DR, Phelps, WI 54554

    $249,000
    3.71 AC lot

    Wooded parcel offering lake access and nearby recreational trail systems in Wisconsin’s Northwoods.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    10-Room Lakefront Motel
    10-Room Lakefront Motel

    2315 Hwy 17, Phelps, WI 54554

    $824,900
    6,732 sqft

    Includes an onsite residence, furnished guest rooms, storage facilities, and recreational waterfront improvements.

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    Northwoods Waterfront Land Parcel
    Northwoods Waterfront Land Parcel

    Off LIGHTNING LN, Phelps, WI 54554

    $324,700
    7.10 AC lot

    Approximately 7.1 acres with about 300 feet of lake frontage on North Twin Lake in Vilas County, Wisconsin.

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    Land, Phelps, WI
    Land, Phelps, WI

    Off ANTON TRL, Phelps, WI 54554

    $325,000
    2.10 AC lot

    Waterfront Land · 2.10 Acres

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    5-Lot Waterfront Land
    5-Lot Waterfront Land

    Lot 1-5 W Shore Rd, Phelps, WI 54554

    $47,500
    27,443 sqft

    Wooded vacant lots with shared lake access, a boat landing, pier, and swimming beach.

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    Waterfront Land Parcel
    Waterfront Land Parcel

    Lot 33 Nicolet Shores Ln, Phelps, WI 54554

    $249,000
    2.73 AC lot

    Northwoods waterfront lot offers 194 ft of shoreline on Spectacle Lake, totaling 2.73 acres and zoned General Use.

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    Northwoods Waterfront Recreation Land
    Northwoods Waterfront Recreation Land

    Lot 21 Nicolet Shores Ln, Phelps, WI 54554

    $199,000
    1.80 AC lot

    North-facing lakefront parcel with 143 feet of frontage in Vilas County, zoned for General Use.

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    Waterfront Recreation Land
    Waterfront Recreation Land

    Lot 1 Eagles Nest, Phelps, WI 54554

    $99,000
    14.00 AC lot

    Buildable waterfront land with 500 feet on non-motorized Catherine Lake, plus shared lakes access through an established passageway.

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 10 Active listings in Phelps, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Lakefront Land Parcel
    Lakefront Land Parcel

    Little Smoky Lk Est lot: 1, Iron River, MI 49935

    $114,900
    3.38 AC lot

    Acreage along Little Smoky Lake with North Drive access, nearby power, and a completed survey.

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    Lakefront Land Parcel
    Lakefront Land Parcel

    Little Smoky Lk Est lot: 12, Iron River, MI 49935

    $109,000
    2.35 AC lot

    Lakefront acreage with a completed survey, nearby power, and access from North Drive.

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    Waterfront Land in Eagle River
    Waterfront Land in Eagle River

    Off NORWAY PINE DR, Eagle River, WI 54521

    $63,000
    11.36 AC lot

    Buildable waterfront land on Eagle Lake with shared acreage and shared frontage, part of Eagle Waters Resort Condo community.

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    Lake-Front Waterfront Land
    Lake-Front Waterfront Land

    Off EAGLE WATERS RD, Eagle River, WI 54521

    $63,000
    11.36 AC lot

    Waterfront land with lake frontage and access to resort amenities within Eagle Waters Resort Condo.

    View details

    Phelps, WI Waterfront Land Market Trends and Statistics

    Explore 10 waterfront land for sale in Phelps, WI, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 1,870,665 square feet of properties for sale, with an estimated market value of $3,642,900.

    Sale prices for water rights properties in Phelps, WI start at $47,500, averaging $364,290, and reaching up to $824,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Recreation land 11
    Residential land & home lots 10
    Waterfront Land 9
    Hunting land 6
    Commercial land 2

    Demographics Overview

    Population 1,099
    Population Growth (5Y) +14.5%
    Median Household Income $58,478
    College Educated 25.2%

    High-Yield Neighborhoods for Investment

    Identify Phelps submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    54554 $238.3K

    Taxes & Financing

    Tax Rate (average for all types) 1.08%
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Vilas County

    New Delisted

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