1386 E  Point Ln, Phelps, WI 54554
Property image
Property image
UNDER CONTRACT
2.65 ACRES

1386 E Point Ln
Phelps, WI 54554

  • 2 Beds
  • 2 Baths
  • 2,456 sqft (on 2.65 acres)

$679,900

Est. Mortgage $4,013/mo*

$679,900

Est. Mortgage $4,013/mo*
2 Beds
2 Baths
2,456 sqft
(on 2.65 acres)
We estimate this home will sell faster than 95% nearby.

Home Highlights

Parking
Garage
Outdoor
Deck
Price/Sqft
$277
Listed
14 days ago
Climate Control
Forced Air, Propane Heating

Local Information

  • Map ViewExplore the area around 1386 E Point Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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!
Last check for updates: about 3 hours ago
Listing courtesy of JEREMY RYAN, (262) 308-5009
ELIASON REALTY - EAGLE RIVER
Source: GNMLS, MLS#218897
Also Listed on GNMLS.
We estimate this home will sell faster than 95% nearby.

Home Details for 1386 E Point Ln

Interior Features

Interior Details
Basement: Exterior Entry,Full,Finished,Interior Entry,Walk-Out AccessNumber of Rooms: 10Types of Rooms: Bedroom, Bathroom, Dining Room, Great Room, Kitchen, Loft, Recreation, Utility Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2456 Square Feet
Appliances & Utilities
Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Propane Water Heater, Refrigerator, WasherDishwasherDisposalDryerLaundry: Washer Hookup,In BasementMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,PropaneHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: Free Standing, Pellet Stove, Stone, Wood BurningNo Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Window: Skylight(s)Flooring: Carpet, Vinyl, Wood
Levels, Entrance, & Accessibility
Stories: 1.5Levels: One and One HalfFloors: Carpet, Vinyl, Wood
View
Has a ViewView: Water

Exterior Features

Exterior Home Features
Roof: Composition ShinglePatio / Porch: Deck, OpenExterior: Boat Lift, Dock, Landscaping, Gravel Driveway, Propane Tank - OwnedFoundation: Poured
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 6Parking: Detached,Garage,Storage,Driveway
Frontage
WaterfrontWaterfront: Shoreline - Sand, Boat Ramp/Lift Access, Lake FrontFrontage Type: LakefrontRoad Frontage: Private RoadOn Waterfront
Water & Sewer
Sewer: County Septic Maintenance Program - Yes, Conventional SewerWater Body: SPECTACLE
Farm & Range
Frontage Length: 161, 161
Finished Area
Finished Area (above surface): 1528 Square FeetFinished Area (below surface): 928 Square Feet

Days on Market

Days on Market: 14

Property Information

Year Built
Year Built: 2003
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Chalet/Alpine,One and One Half Story
Building
Construction Materials: Frame, Log SidingNot Attached Property
Property Information
Parcel Number: 18175705

Price & Status

Price
List Price: $679,900Price Per Sqft: $277
Status Change & Dates
Possession Timing: Closing

Active Status

MLS Status: Active Under Contract

Location

Direction & Address
City: Phelps
School Information
Elementary School: VI PhelpsJr High / Middle School: VI PhelpsHigh School: VI Phelps

Agent Information

Listing Agent
Listing ID: 218897

Building

Building Area
Building Area: 2456 Square Feet

Lot Information

Lot Area: 2.65 Acres

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 218897Living Area Range Units: Square FeetZillow Contingency Status: Under ContractAttic: NoneWater ViewWater View: WaterAbove Grade Unfinished Area: 1528Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-55125-N-18175705-R-N

Additional Information

Days On Market Replication: 5

Around this home

What Locals Say about Phelps

At least 1 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 100 % Say it's dog friendly

  • 100 % Say they plan to stay for at least 5 years

  • 100 % Say there's holiday spirit

  • 100 % Say people would walk alone at night

  • 100 % Say car is needed

  • 60 % Say neighbors are friendly

  • 50 % Say there are community events

  • 33 % Say it's walkable to restaurants

  • 33 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Jacdimarco
    "In the summer, there’s a lot of music in the park. People get together at churches, beautiful lakes."

Market trends in Phelps

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
19
1
MoM

Home Value

Trulia Estimate
$691K
Since last month
Increased$141K (+25.7%)
Since last year
Increased$184K (+36.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +136% in the last 10 years
MonthEstimated value
2026
August 2026$691K
July 2026$550K
June 2026$557K
May 2026$512K
April 2026$510K
March 2026$512K
February 2026$483K
January 2026$485K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.02
Single-Family Home
$720,000
06/15/26
3
2
2,135
0.27
Single-Family Home
$670,000
04/14/26
2
1
1,326
2.28
Single-Family Home
$427,000
10/02/25
3
1
1,298
2.37
Single-Family Home
$369,000
02/09/26
2
1
1,243
3.90
Single-Family Home
$425,000
05/15/26
2
1
1,208
4.24
Single-Family Home
$350,000
02/06/26
4
3
3,293

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.02
$720,000
3
2
2,135
Recently Sold
0.10
$763,700
3
2
2,409
Off Market
0.28
$436,700
3
2
1,600
Off Market
0.23
$1,026,000
-
-
-
For Sale
0.24
$636,000
3
2
1,624
Off Market
0.27
$670,000
2
1
1,326
Recently Sold
0.31
$245,000
-
-
-
Recently Sold
0.36
-
-
-
-
Off Market
0.37
$270,000
-
-
-
Recently Sold
0.45
$199,000
-
-
-
For Sale
0.55
$1,046,100
4
2
2,791
Off Market
0.73
$135,000
-
-
-
Recently Sold

Price and Tax history

DateEventPrice
Aug 10, 2026
Source: GNMLS #218897
Contingent
$679,900
Aug 6, 2026
Source: GNMLS #218897
Listed For Sale
$679,900

LGBTQ Local Legal Protections

JEREMY RYAN, ELIASON REALTY - EAGLE RIVER
Agent Phone: (262) 308-5009
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Frequently asked questions about 1386 E Point Ln

  • What is the estimated monthly payment for 1386 E Point Ln?
    Based on a $679,900 list price with 20% down at today's rates, the estimated monthly payment for 1386 E Point Ln in Phelps, WI is approximately $4,092 (about $3,564 principal & interest, $453 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What are the closest schools to 1386 E Point Ln?
    The closest schools to 1386 E Point Ln in Phelps, WI are Phelps Elementary School (Pre-K/Middle, rated 5/10), Phelps High School (rated 9/10).
  • What is 1386 E Point Ln estimated to be worth?
    Trulia's estimated value for 1386 E Point Ln in Phelps, WI is $691,100.
  • Does 1386 E Point Ln have laundry facilities?
    Yes, 1386 E Point Ln in Phelps, WI has in-unit laundry.
  • How big is the lot at 1386 E Point Ln?
    The lot at 1386 E Point Ln in Phelps, WI is about 2.7 acres.
  • Does 1386 E Point Ln have a garage?
    Yes, 1386 E Point Ln in Phelps, WI has a garage.
1386 E Point Ln, Phelps, WI 54554 is a 2 bedroom, 2 bathroom, 2,456 sqft single-family home built in 2003. This property is currently available for sale and was listed by GNMLS on Aug 6, 2026. The MLS # for this home is MLS# 218897.