Property profile

3 Birch Tree Dr Eagle River, WI 54501

OFF-MARKET
Land
3.9 ac lot
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Property summary

AI-generated overview

This exceptional offering presents a rare opportunity to acquire three contiguous wooded lots totaling 3.9 acres, ideally situated just off Hideaway Drive in the desirable Eagle River/Rhinelander area of Wisconsin. Accessed via a cul-de-sac off Echo Ridge Drive, these lots provide a tranquil setting with convenient access to a nearby public boat launch, perfect for outdoor enthusiasts. The property is zoned for single-family residential use, allowing for the construction of a single home on each lot, with a maximum of two stories per building. Existing covenants and restrictions (C&R) are in place, ensuring the preservation of the natural beauty and character of the neighborhood. These C&R's mandate a minimum ground space of 1,000 square feet per home and prohibit livestock. The combined acreage offers ample space to build a primary residence and still have room for recreational vehicles or other outdoor equipment. With its peaceful location and proximity to recreational amenities, this property is an ideal spot to embrace the Northwoods lifestyle. The lots are being sold together as a single package, presenting a unique opportunity to create a private and expansive homesite. The address is Lots 1, 2 & 3 Birch Tree Drive, Rhinelander, WI 54501. The asking price for all three lots is $135,000.

Property profile

Verified
Property type Land
Lot 3.9 ac (169,884 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3 Birch Tree Dr Eagle River, WI 54501
Eagle River metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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