981 Loon Lake Rd, Eagle River, WI 54521
Property image
Property image
FOR SALE
1.59 ACRES

$489,900

  • 3 Beds
  • 2.5 Baths
  • 1,818 sqft (on 1.59 acres)

981 Loon Lake Rd, Eagle River, WI 54521

Home Highlights

Single-Family Home
Built in 2023
1.59 acre lot
$269/sqft

Local Information

  • Map ViewExplore the area around 981 Loon Lake Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Built in 2023 and ideally located just minutes from the heart of Eagle River, this impressive 3-bedroom, 2.5-bath home offers over 1,800 square feet of beautifully finished living space with a modern Northwoods feel. Step inside to soaring cathedral ceilings, an open and inviting layout, and high-end finishes throughout. Two separate living areas provide excellent flexibility for entertaining, relaxing, a home office, or additional guest space. The spacious primary suite features a private bath, while two additional bedrooms provide plenty of room for family and guests. Thoughtful design, quality craftsmanship, and newer construction make this home an appealing option for year-round living or a Northwoods getaway. The property also offers room to build a garage, allowing the next owner to customize the space to fit their needs. Enjoy a convenient location close to downtown Eagle River shopping, dining, schools, and everyday amenities, while being surrounded by everything the Northwoods is known for. The Eagle River area offers outstanding boating and fishing on its famous Chain of Lakes, along with nearby snowmobile, ATV/UTV, hiking, and biking opportunities. A newer, beautifully finished home combining modern comfort with easy access to one of Northern Wisconsin's most desirable recreational communities!
Last check for updates: about 2 hours ago
Listing courtesy of MATT WALLMOW, (715) 490-9930
LAKELAND REALTY
Source: GNMLS, MLS#219361
Also Listed on GNMLS.

Home Details for 981 Loon Lake Rd

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 12Types of Rooms: Master Bedroom, Bedroom, Bathroom, Dining Room, Kitchen, Living Room, Loft, Mud Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1818 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Refrigerator, Range Hood, Washer/DryerDishwasherLaundry: Main LevelRefrigerator
Heating & Cooling
Heating: Hot Water,Natural Gas,Radiant FloorHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Hot Water
Fireplace & Spa
Number of Fireplaces: 1Fireplace: ElectricHas a Fireplace
Gas & Electric
Electric: Circuit Breakers
Levels, Entrance, & Accessibility
Stories: 1.5Levels: One and One Half

Exterior Features

Exterior Home Features
Roof: Composition ShingleOther Structures: Shed(s)Exterior: ShedFoundation: Slab
Parking & Garage
No GarageNo Attached GarageParking: No Garage
Frontage
Road Frontage: Town RoadRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Holding Tank
Farm & Range
Frontage Length: 0, 0
Finished Area
Finished Area (above surface): 1818 Square Feet

Days on Market

Days on Market: 4

Property Information

Year Built
Year Built: 2023
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: One and One Half Story
Building
Construction Materials: Frame, Vinyl SidingNot Attached Property
Property Information
Parcel Number: 141754004

Price & Status

Price
List Price: $489,900Price Per Sqft: $269
Status Change & Dates
Possession Timing: Closing

Active Status

MLS Status: Active

Location

Direction & Address
City: Eagle River
School Information
Elementary School: VI Northland Pines-ERJr High / Middle School: VI Northland PinesHigh School: VI Northland Pines

Agent Information

Listing Agent
Listing ID: 219361

Building

Building Area
Building Area: 1818 Square Feet

Lot Information

Lot Area: 1.5914 Acres

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 219361Living Area Range Units: Square FeetAbove Grade Unfinished Area: 1818Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-55125-N-141754004-R-N

Additional Information

Days On Market Replication: 0

What Locals Say about Eagle River

At least 27 Trulia users voted on each feature.
  • 92 % Say there's wildlife

  • 88 % Say parking is easy

  • 88 % Say people would walk alone at night

  • 87 % Say car is needed

  • 83 % Say yards are well-kept

  • 79 % Say it's dog friendly

  • 74 % Say kids play outside

  • 71 % Say there's holiday spirit

  • 64 % Say they plan to stay for at least 5 years

  • 63 % Say it's quiet

  • 61 % Say neighbors are friendly

  • 46 % Say it's walkable to restaurants

  • 33 % Say streets are well-lit

  • 29 % Say there are community events

  • 24 % Say it's walkable to grocery stores

  • 22 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • John Larson
    "Have weekly events all summer and fall Ice castle Cranberry festival Cruise night Music Craft show "
  • Michelle
    "All though there isn't any public transportation, my commute is fast and simple. The street signs are very visible and most everyone is respectful of other commuters. "
  • Michelle
    "Eagle River is a beautiful town and wonderful place to raise your family. The school is amazing and the people are very friendly."
  • Eli.edwards
    " very nice and quiet. close to downtown. eagle river is hectic during tourism season. great school system. "
  • Billiondollarbikes
    "Lake, boating, campfires Fourth of July fireworks, flyins, fishing and cabining....................."
  • Tulppokay
    "Dogs often walked around the area. Many tourists that walk their dogs. Quiet roads. Undeveloped areas. "
  • Tulppokay
    "Dog owners are welcome. Everyone is often seen walking or running with their dogs. Most places have at least a half acre of property. "
  • Tulppokay
    "You will be driving your kids all over. There are no public transportation options available. Remember that ticks and mosquitoes are always around. "
  • Tulppokay
    "There is an ice hockey rink down the road. It is one of only a few domes left in the United States. "
  • Michelle
    "I love Eagle River, it’s a very quaint town. Perfect for families and the school system is the best. "
  • Debregister56
    "Peaceful and quiet, friendly place to live , very affordable. It’s a great place to raise kids! It’s a nice combination of young people along with retirees. Our neighbors are very friendly! The wildlife in our area is amazing! Nature is at its finest here! How often can you see a bear, a fox, bunnies, multiple deer and baby skunks along with wild turkeys in one day?"
  • Michelle
    "I love the town it’s self, people are very friendly and always want to help. The town it’s self is beautiful and very clean. "
  • Debregister56
    "5 minutes to town! We live in a mobile home park 5 miles north of town. It’s quiet with lots of wildlife to keep us company! Very affordable living, with a reasonable lot rent fee. The grounds are kept by the owners of the park in a very accommodating manner!"
  • Healyd
    "There are quiet back roads and backstreets to walk dogs and/or with family. Eagle River is a small town built for family lifestyle wether living here or visiting."

Market trends in Eagle River

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$323K
$27.08K
MoM
Sale-to-List Price
Price per sq ft
Available listings
91
1
MoM

Home Value

Trulia Estimate
$472K
Since last month
Increased$121K (+34.5%)
Since last year
Increased$119K (+33.6%)
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 +34% in the last 10 years
MonthEstimated value
2026
September 2026$472K
August 2026$343K
July 2026$351K
June 2026$354K

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
0.55
Single-Family Home
$369,000
09/22/25
3
2.5
1,836
0.59
Single-Family Home
$625,000
08/21/26
4
3
3,124
0.80
Single-Family Home
$262,500
11/07/25
4
3
2,793
0.63
Single-Family Home
$535,000
09/30/25
3
2
1,650
1.24
Single-Family Home
$420,000
02/12/26
3
2
2,170
1.37
Single-Family Home
$450,000
12/04/25
3
2
1,510
1.43
Single-Family Home
$439,900
06/15/26
3
3
2,914
1.43
Single-Family Home
$439,900
06/16/26
3
3
3,136
1.09
Single-Family Home
$205,000
12/26/25
3
2
1,200
1.20
Single-Family Home
$320,000
06/12/26
3
1
1,536

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.

Price and Tax history

DateEventPrice
Aug 31, 2026
Source: GNMLS #219361
Listed For Sale
$489,900

LGBTQ Local Legal Protections

MATT WALLMOW, LAKELAND REALTY
Agent Phone: (715) 490-9930
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 981 Loon Lake Rd

  • What is the estimated monthly payment for 981 Loon Lake Rd?
    Based on a $489,900 list price with 20% down at today's rates, the estimated monthly payment for 981 Loon Lake Rd in Eagle River, WI is approximately $3,054 (about $2,595 principal & interest, $384 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 981 Loon Lake Rd compare to homes in Eagle River?
    981 Loon Lake Rd in Eagle River, WI is listed at $489,900, about 52% above the $323K median sale price in Eagle River.
  • What do residents say about Eagle River?
    Residents describe Eagle River, WI as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See homes for sale in Eagle River, WI.
  • What are the closest schools to 981 Loon Lake Rd?
    The closest schools to 981 Loon Lake Rd in Eagle River, WI are Northland Pines Elementary-Eagle River (Pre-K, rated 5/10), Northland Pines High School (Middle, rated 8/10).
  • Does 981 Loon Lake Rd have air conditioning?
    Yes, 981 Loon Lake Rd in Eagle River, WI has air conditioning.
  • Does 981 Loon Lake Rd have laundry facilities?
    Yes, 981 Loon Lake Rd in Eagle River, WI has laundry facilities.
981 Loon Lake Rd, Eagle River, WI 54521 is a 3 bedroom, 3 bathroom, 1,818 sqft single-family home built in 2023. This property is currently available for sale and was listed by GNMLS on Aug 31, 2026. The MLS # for this home is MLS# 219361.