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    Phelps, WI Waterfront Land for Sale

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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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    Lakefront Wooded Land Parcel
    Updated: Jul 1
    Lakefront Wooded Land Parcel

    Off FERNWOOD DR, Phelps, WI 54554

    $249,000
    3.71 AC lot
    3.7‑acre parcel with 300 ft of lake frontage on Long Lake in Phelps, WI
    Lakefront setting on Long Lake with lake‑front features listed as lake front
    Shared boardwalk provides access to the water’s edge
    Wooded parcel setting in the Northwoods
    Direct access to nearby recreational trail systems for snowmobiling, ATVing, and hiking
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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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    Lakefront Recreational Land Lot
    Lakefront Recreational Land Lot

    Lot 2 Kentuck Lake Rd, Phelps, WI 54554

    Contact for pricing
    3.09 AC lot

    Lot 2 offers 230 feet of lake frontage and 3.09 acres with westerly sunset views.

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    Waterfront Fishing and Hunting Land
    Waterfront Fishing and Hunting Land

    Lot 3 Kentuck Lake Rd, Phelps, WI 54554

    Contact for pricing
    18.00 AC lot

    Unimproved waterfront land near Nicolet National Forest with lake frontage and no-gas-motor conditions.

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    Waterfront Hunting and Recreation Land
    Waterfront Hunting and Recreation Land

    Lot 4 Kentuck Lake Rd, Phelps, WI 54554

    Contact for pricing
    25.00 AC lot

    Lot 4 offers 25 acres with 128 feet of frontage on Imogene Lake near Nicolet National Forest land.

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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 13 Potential Opportunities for your consideration. Besides 9 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.

    Waterfront Hunting and Recreation Land
    Waterfront Hunting and Recreation Land

    2200 Packard Lane, Eagle River, WI 54521

    $495,000
    49.50 AC lot

    Waterfront parcel with Deerskin River frontage, Class I trout stream access, and an included powered 5th-wheel camper.

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    Lakefront Waterfront Land
    Lakefront Waterfront Land

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

    $114,900
    3.38 AC lot

    Lakefront acreage with direct road access, completed survey, and nearby power service.

    View details
    Waterfront Recreation Land
    Waterfront Recreation Land

    2270 E. Anvil Lake Road, Eagle River, WI 54521

    Contact for pricing
    132.00 AC lot

    Rolling high-ground waterfront parcel with 690+ feet of lake frontage on approximately 132 acres.

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    LAND - Iron River, MI
    LAND - Iron River, MI

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

    $109,000
    2.35 AC lot

    Waterfront Land · 2.35 Acres

    View details

    Phelps, WI Waterfront Land Market Trends and Statistics

    Explore 9 waterfront land for sale in Phelps, WI, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 3,590,651 square feet of properties for sale, with an estimated market value of $1,620,600.

    Sale prices for water rights properties in Phelps, WI start at $99,000, averaging $270,100, and reaching up to $499,900 — 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 14
    Waterfront Land 9
    Hunting land 7
    Commercial land 4
    Residential land & home lots 4

    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 $250.1K

    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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