1487 Town Rd S, Florence, WI 54121
FOR SALE
2.54 ACRES

1487 Town Rd S
Florence, WI 54121

    $1,500,000

    Est. Mortgage $8,939/mo*

    $1,500,000

    Est. Mortgage $8,939/mo*
    (on 2.54 acres)

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    Description

    Special opportunity: Rare 2.5 acre waterfront parcel with southern exposure on Bass Lake, with 208 ft of sandy beach frontage level to the water’s edge! Ideally situated across from Eagle Island on the crystal clear, spring-fed Spread Eagle Chain, consisting of eight interconnected lakes. The property comes with three fully furnished rustic cottages, three boat docks, plus a large 3-stall boathouse that features a furnished rec room, equipment storage room, and fish cleaning facility. Drilled well, septic, underground electric services, and propane are already on site with natural gas available. The sandy beach provides for good swimming and water sports and the Spread Eagle Chain is well known for excellent fishing. The elevated location makes for absolutely incredible lake views as the value is in the land itself. Just imagine this stunning setting as the backdrop for your dream home, in an incredible location just 8 miles east of Iron Mountain, Michigan.

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago

    Home Details for 1487 Town Rd S

    Active Status

    MLS Status: Active

    Interior Features

    Appliances & Utilities
    Utilities: Cable Available, Electricity Connected, Natural Gas Available, Phone Available
    Gas & Electric
    Gas: Natural GasHas Electric on Property
    View
    Has a ViewView: Water, Lake

    Exterior Features

    Exterior Home Features
    Other Structures: Boat House, Guest House
    Frontage
    WaterfrontWaterfront: Lake Front, Lake/River Access, Waterfront, Interior LakeFrontage Type: WaterfrontRoad Frontage: City/CountyOn Waterfront
    Water & Sewer
    Sewer: Septic TankWater Body: Bass Lake
    Farm & Range
    Frontage Length: 208

    Days on Market

    Cumulative Days on Market: 185Days on Market: 180+

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Vacant Land
    Building
    Has Additional Parcels
    Property Information
    Additional Parcels Description: 010-03209-0000

    Price & Status

    Price
    List Price: $1,500,000
    Status Change & Dates
    Possession Timing: Close Of Escrow

    Location

    Direction & Address
    City: Florence T-WI
    School Information
    Elementary School District: School District of Florence-WIJr High / Middle School District: School District of Florence-WIHigh School District: School District of Florence-WI

    Agent Information

    Listing Agent
    Listing ID: 50192135

    HOA

    Association for this Listing: Upper Peninsula Assoc of RealtorsNo HOA

    Lot Information

    Lot Area: 2.54 Acres

    Listing Info

    Special Conditions: Standard

    Offer

    Listing Terms: Cash, Conventional

    Business

    Business Information
    Ownership: Private

    Miscellaneous

    Mls Number: 50192135Water ViewWater View: Water, LakeAttribution Contact: Main: 906-774-8570Days In Mls: 177
    Last check for updates: about 2 hours ago
    Listing courtesy of RYAN GORDON, (906) 282-1644
    STEPHENS REAL ESTATE, (906) 774-8570
    Originating MLS: Upper Peninsula Assoc of Realtors
    Source: Upper Peninsula AOR, MLS#50192135
    Also Listed on Upper Peninsula AOR.

    Price History for 1487 Town Rd S

    DatePriceEventSource
    10/21/2025$1,500,000Listed For SaleUpper Peninsula AOR #50192135
    10/20/2025$500,000ListingRemovedUpper Peninsula AOR #50191380
    10/14/2025$500,000Listed For SaleUpper Peninsula AOR #50191380

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    Comparable Sales for 1487 Town Rd S

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    1.05
    Lot/Land
    $140,000
    12/15/25
    -
    -
    2.27
    Lot/Land
    $135,000
    01/07/26
    -
    -
    2.65
    Lot/Land
    $239,000
    10/27/25
    -
    -
    3.21
    Lot/Land
    $49,900
    05/23/25
    -
    -
    3.67
    Lot/Land
    $78,000
    09/26/25
    -
    -
    4.99
    Lot/Land
    $55,000
    01/27/26
    -
    -
    4.99
    Lot/Land
    $59,900
    01/30/26
    -
    -
    4.99
    Lot/Land
    $40,000
    01/12/26
    -
    -
    4.99
    Lot/Land
    $42,900
    12/29/25
    -
    -
    4.98
    Lot/Land
    $24,500
    04/15/26
    -
    -

    What Locals Say about Florence

    At least 4 Trulia users voted on each feature.
    • 100 % Say it's dog friendly

    • 88 % Say kids play outside

    • 86 % Say people would walk alone at night

    • 86 % Say car is needed

    • 83 % Say there's wildlife

    • 83 % Say yards are well-kept

    • 83 % Say they plan to stay for at least 5 years

    • 83 % Say parking is easy

    • 83 % Say streets are well-lit

    • 81 % Say neighbors are friendly

    • 75 % Say there's holiday spirit

    • 75 % Say there are community events

    • 63 % Say it's quiet

    • 25 % Say it's walkable to restaurants

    • 25 % Say it's walkable to grocery stores

    Learn more about our methodology.
    • Rikki A. L.
      "It's a very small town. And that's nice if you like that. It feels safe even when the rest of the country doesn't. But it's also boring and expensive, especially if you live and work here. There's not much money to be made and cost of living is very high. "
    • Bnvanginkel
      "Minutes from town but still has that country feel. Also minuets from 2 lakes, camping, fishing, and by tab and snowmobile-trails."
    • Glenn J.
      "Has everything for a great life....if you are tired of the rats winning the rat race, this place is for you. Low population, friendly folks, kind and neighborly way of life. Lots of nature and activities abound."

    LGBTQ Local Legal Protections

    RYAN GORDON, STEPHENS REAL ESTATE, (906) 774-8570
    Agent Phone: (906) 282-1644
    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.
    1487 Town Rd S, Florence, WI 54121 is a lot/land. This property is currently available for sale and was listed by Upper Peninsula AOR on Oct 21, 2025. The MLS # for this home is MLS# 50192135.