OFF MARKET

Off Market Sep 2022 for $4.5M

$5,179,088

•

5,717

sq ft

1986 Morey Rd, Eagle River, WI 54521

About this home

This magnificent full log home proudly sits on an Otter Lake Peninsula and the Eagle River Chain. Known as Moonlight Bay, the property boasts nearly 8 acres of virgin towering timber and 2,164 ft of level sandy frontage! The ultimate private retreat features a 3 story wall of windows overlooking the lake and beautiful sunsets! An expansive great rm, soaring fieldstone fireplace, sprawling double-island kitchen and more await you & your guests! Take the log stairs or elevator to 5 huge bedrooms, including a master en-suite (w/ fireplace), family suite, loft bdrm, and a full apartment with private sitting room, fireplace, full kitchen, bedroom & private bath. Quality custom finishes throughout include granite counter tops, marble tiles, custom inlay wood flooring, and 5 fireplaces! Stroll paved paths to a lakeside gazebo or along the shoreline to TWO piers and covered boat slip! Wildlife abounds with frequent deer visitors and an established eagle's nest.

Single-familyProperty Type

1991Year Built

7.79 acresLot Size

$906Est. Price/Sq.Ft.

2 car garageParking

Listed by RICHELLE & TIM KRUSE • ELIASON REALTY - ST GERMAIN

Bought with JERRY BURKETT • CENTURY 21 BURKETT & ASSOC.

Redfin checked: 3 minutes ago

•Source:GNMLS #198636

Redfin Estimate

$5,179,088

$679K since sold in September 2022$27K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 406.8% higher than the average sale price ($1.02M) of 6 comparable homes.

SOLD APR 24, 2026
$3,650,000
A
5 beds3.5 baths5,397 sq ft
4530 Camp Amour Trl, Eagle River, WI 54521
SOLD JUL 10, 2026
$600,000
B
4 beds4.5 baths4,626 sq ft
4592 Lake Hills Landing Rd, Eagle River, WI 54521
SOLD JUL 1, 2026
$459,000
C
5 beds3 baths2,729 sq ft
1870 Timberlands Ln, Eagle River, WI 54521
SOLD JUL 23, 2026
$500,000
D
3 beds2 baths2,400 sq ft
1556 Antler Trl, Eagle River, WI 54521
SOLD JUN 15, 2026
$439,900
E
3 beds3 baths2,914 sq ft
1274 Covey Ln, Eagle River, WI 54521
SOLD AUG 5, 2026
$483,100
F
3 beds3 baths2,900 sq ft
3821 Tecumseh Ln, Eagle River, WI 54521

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 54521, WI

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.6%

+1.5% MoM

Median sale price

$410K

$36K MoM

Avg. days on market

49d

12 days MoM

Recently sold homes

14 MoM

New listings for sale

NEW 3 HRS AGO
$559,900
3 beds2 baths2,000 sq ft
4974 Hwy 70 W, Eagle River, WI 54521
NEW 4 HRS AGO
$650,000
1 bed1 bath488 sq ft
1456 Cranberry Lake Rd E, Eagle River, WI 54521
NEW 28 HRS AGO
$499,000
3 beds2 baths2,126 sq ft
2245 Merkel Ave, Eagle River, WI 54521
$229,900
2 beds2 baths1,152 sq ft
308/310 Illinois St W, Eagle River, WI 54521
$2,700,000
3 beds2.5 baths4,101 sq ft
1209 Wooded Ln, Eagle River, WI 54521
$3,490,000
3 beds4 baths4,312 sq ft
1405 Everett Rd, Eagle River, WI 54521
3D WALKTHROUGH
$1,499,000
3 beds3.5 baths3,500 sq ft
4755 Grand View Dr, Eagle River, WI 54521
$1,249,000
3 beds3 baths2,014 sq ft
4420 Maple Dr, Eagle River, WI 54521
OPEN FRI, 4PM TO 6PM
$329,000
3 beds1 bath1,540 sq ft
695 Meta Lake Rd, Eagle River, WI 54521
$849,900
3 beds2 baths2,356 sq ft
1660 Bass Lake Rd W, Eagle River, WI 54521
See all

Provided by Redfin

Sale history for 1986 Morey Rd

Year

Property tax

Land + Additions

Assessment*

2025

$29,363 (+7.0%)

$1,986,800 + $2,907,600

$4,894,400

2024

$27,453 (−4.3%)

$1,986,800 + $2,907,600

$4,894,400

2023

$28,695 (+43.4%)

$1,986,800 + $2,659,900

$4,646,700

2022

$20,007 (+3.1%)

$858,300 + $1,310,900

$2,169,200

2021

$19,414 (−0.4%)

$858,300 + $1,310,900

$2,169,200

2020

$19,500 (−0.6%)

$858,300 + $1,310,900

$2,169,200

2019

$19,625 (+3.9%)

$858,300 + $1,310,900

$2,169,200

2018

$18,886 (+2.0%)

$858,300 + $1,310,900

$2,169,200

2017

$18,511 (−2.4%)

$858,300 + $1,310,900

$2,169,200

2016

$18,964 (+5.3%)

$858,300 + $1,310,900

$2,169,200

2014

$18,006 (−4.9%)

$858,300 + $1,310,900

$2,169,200

2013

$18,928

$822,700 + $1,430,700

$2,253,400

Tax history for 1986 Morey Rd

Year

Property tax

Land + Additions

Assessment*

2025

$29,363 (+7.0%)

$1,986,800 + $2,907,600

$4,894,400

2024

$27,453 (−4.3%)

$1,986,800 + $2,907,600

$4,894,400

2023

$28,695 (+43.4%)

$1,986,800 + $2,659,900

$4,646,700

2022

$20,007 (+3.1%)

$858,300 + $1,310,900

$2,169,200

2021

$19,414 (−0.4%)

$858,300 + $1,310,900

$2,169,200

2020

$19,500 (−0.6%)

$858,300 + $1,310,900

$2,169,200

2019

$19,625 (+3.9%)

$858,300 + $1,310,900

$2,169,200

2018

$18,886 (+2.0%)

$858,300 + $1,310,900

$2,169,200

2017

$18,511 (−2.4%)

$858,300 + $1,310,900

$2,169,200

2016

$18,964 (+5.3%)

$858,300 + $1,310,900

$2,169,200

2014

$18,006 (−4.9%)

$858,300 + $1,310,900

$2,169,200

2013

$18,928

$822,700 + $1,430,700

$2,253,400

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

7.79 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Vilas County

APN

14-741-26

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

Property details

Parking

Parking/Garage Information
Has Garage
Has Attached Garage
# of Garage Spaces: 2
Parking Features: Paved, Attached, Garage, Heated Garage, Driveway

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 5
# of Half Bathrooms: 1

Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s)
Has Heating
Heating: Forced Air, Natural Gas

Interior Features
Interior Features: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s), Walk-In Closet(s)
Appliances: Cooktop, Double Oven, Dryer, Dishwasher, Disposal, Gas Water Heater, Indoor Grill, Microwave, Refrigerator, Range Hood, Water Softener, Washer/Dryer, Washer, Exhaust Fan
Flooring: Tile, Wood
Has Fireplace
# of Fireplaces: 5
Fireplace Features: Stone, Wood Burning

Room Information
Laundry Features: Main Level
Basement Details: Crawl Space, Exterior Entry

Exterior

Exterior Features
Exterior Features: Dock
Patio And Porch Features: Deck
Fencing: Invisible
Roof: Wood

Building Information
Direction Faces: West
Sq. Ft.: 5717
Above Grade Finished Area: 5,717
Construction Materials: Log
Foundation Details: Block

Property Features
On Waterfront
Waterfront Features: Lake Front
Has View
Security Features: Security System
Accessibility Features: Accessible Entrance, Therapeutic Whirlpool
Other Structures: Outbuilding

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: SingleFamilyResidence

Lot Information
Lot Features: Cul-De-Sac, Level, Private, Secluded, Views, Wooded, Waterfront
Frontage Type: Lakefront
Frontage Length: 2164
Water Body Name: OTTER,Eagle River
Road Surface Type: Paved
Zoning Description: Residential

Financial

Tax Information
Tax Annual Amount: $19,414

Utilities

Utility Information
Electric: Circuit Breakers
Utilities: Phone Available

Location

Schools Information
Elementary School: VI Northland Pines-ER
Middle Or Junior School: VI Northland Pines
High School: VI Northland Pines

Location Information
Directions: From downtown Eagle River on Wall St, go north on Silver Lake Rd, stay straight on Morey Rd, follow Morey left to very end of road.
Subdivision Name: Eagle Acres Sub

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 7.79 acres
Style: Other
Year Built: —
Year Renovated: —
County: Vilas County
APN: 14-741-26

Home facts updated by county records on Jul 29, 2026

Around this home

Schools
Places
Transit

Northland Pines Elementary-Eagle River

Public PreK-6 • Assigned • 2.0mi

5/10

Northland Pines High School

Public 7-12 • Assigned • 1.8mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

1/10 Heat Factor

7 days above 92° expected this year, 12 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Eagle River, WI • 54521

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$4.92M – $5.96M

Sell confidently with a local market expert in Eagle River. 3 minutes to get started.

Nearby similar homes

$449,900

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ON Javen Rd Unit SE 10A, Three Lakes, WI 54562

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NEW 28 HRS AGO

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3 beds2 baths2,126 sq ft

2245 Merkel Ave, Eagle River, WI 54521

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5 beds2 baths1,794 sq ft

302 Pine St E, Eagle River, WI 54521

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3 beds2.5 baths4,101 sq ft

1209 Wooded Ln, Eagle River, WI 54521

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4 beds3.5 baths2,950 sq ft

1645 Golf View Dr, Eagle River, WI 54521

New listings for sale in 54521

NEW 3 HRS AGO

$559,900

3 beds2 baths2,000 sq ft

4974 Hwy 70 W, Eagle River, WI 54521

NEW 4 HRS AGO

$650,000

1 bed1 bath488 sq ft

1456 Cranberry Lake Rd E, Eagle River, WI 54521

NEW 28 HRS AGO

$499,000

3 beds2 baths2,126 sq ft

2245 Merkel Ave, Eagle River, WI 54521

$229,900

2 beds2 baths1,152 sq ft

308/310 Illinois St W, Eagle River, WI 54521

$2,700,000

3 beds2.5 baths4,101 sq ft

1209 Wooded Ln, Eagle River, WI 54521

$3,490,000

3 beds4 baths4,312 sq ft

1405 Everett Rd, Eagle River, WI 54521

3D WALKTHROUGH

$1,499,000

3 beds3.5 baths3,500 sq ft

4755 Grand View Dr, Eagle River, WI 54521

$1,249,000

3 beds3 baths2,014 sq ft

4420 Maple Dr, Eagle River, WI 54521

OPEN FRI, 4PM TO 6PM

$329,000

3 beds1 bath1,540 sq ft

695 Meta Lake Rd, Eagle River, WI 54521

Home values near 1986 Morey Rd

Data from public records.

Address	Redfin Estimate
1954 Morey Road, Eagle River, WI 2 Beds \| 2 Baths \| 2745 Sq. Ft.	$815,901
1951 Morey Road, Eagle River, WI 3 Beds \| 2 Baths \| 1764 Sq. Ft.	$825,089

Address	Redfin Estimate
1980 Morey Road, Eagle River, WI 4 Beds \| 3 Baths \| - Sq. Ft.	$1,004,399
1962 Morey Road, Eagle River, WI 3 Beds \| 1 Baths \| 1152 Sq. Ft.	$584,005

Address	Redfin Estimate
1967 Morey Road, Eagle River, WI 6 Beds \| 2 Baths \| 2400 Sq. Ft.	$1,144,971
1879 Eagle Park Lane, Eagle River, WI 2 Beds \| 1 Baths \| 840 Sq. Ft.	$449,426

Property information provided by GNMLS when last listed in 2022. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 54521, WI

Sale history for 1986 Morey Rd

Tax history for 1986 Morey Rd

Public record

Property details

Around this home

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 54521

Home values near 1986 Morey Rd

More real estate resources