3958 Eagle Waters Rd Unit 206/216, Eagle River, WI 54521
About this home
Experience the ease of Northwoods resort ownership with this spacious main-level 2BR/2BA Eagle Waters condo featuring a rare included garage and flexible lockout suite on the famous Eagle River Chain of Lakes. Offering approximately 1,500 sq ft and sold fully furnished, this turnkey getaway is perfectly suited for personal enjoyment, rental income potential, or a combination of both. Currently operating within Eagle Waters’ exclusive on-site rental management program, all rentals are coordinated through the resort’s established management company, which handles bookings, billing, and cleaning to create a truly low-maintenance ownership experience. A standout feature is the separate lockout suite (Unit 216), allowing owners to enjoy the main condo while independently renting the additional suite for supplemental income and added flexibility. Condo fees cover cable, piers, lawn care, and snow removal for added simplicity. While pier spaces are not deeded or assigned, Eagle Waters offers ample shared pier access available to owners and guests on a first-come, first-served basis. Spanning over 11 acres with 300 ft of shared frontage, the resort also features an outdoor pool, hot tub, tennis courts, sand volleyball court, and on-site restaurant. Enjoy true four-season recreation with direct snowmobile trail access, nearby ATV/UTV routes, and national forest riding areas just minutes away. An ideal opportunity for buyers seeking a hassle-free vacation property, income-producing investment, or both. A garage is also available for purchase with this unit for an additional $25,000.
CondoProperty Type
2007Year Built
11.3 acresLot Size
$259Price/Sq.Ft.
$750/moHOA Dues
Listed by JUDY BARR & ASSOCIATES• RE/MAX PROPERTY PROS
Sale and tax history for 3958 Eagle Waters Rd Unit 206/216
Sale History
Tax History
Date
Event
Price
GNMLS #217364
Aug 21, 2026
Contingent
—
Jul 22, 2026
Price Changed
$389,000
$259/sq ft
Jun 25, 2026
Price Changed
$419,000
$279/sq ft
May 20, 2026
Listed
$425,000
$283/sq ft
GNMLS #194836
Mar 11, 2022
Sold
$309,500
$206/sq ft
Jan 18, 2022
Listed
$309,500
$206/sq ft
+23
Eagle Waters Resort has the perfect blend of history & modern conveniences creating an atmosphere of comfort & old-world lodge life & a condo with incredible courtyard views just became available! This is a great opportunity for an income generating condo on Eagle Lake, part of the Eagle River Chain. This 2 BD, 2 BA unit has a separate lock-out; it can be considered as 2 individual, 1 BR/1 BA units. Open concept living room offers a gas fireplace, & a patio door to a private deck. The primary bdrm features a private bath & walk-in closet. Added BONUS - A GARAGE! The property offers WESTERN EXPOSURE, a complete package of amenities & recreational activities you would expect at a resort of this quality including an in-ground swimming pool, ample pier space, a rental management program, an exercise facility, tennis courts, & a top notch on-site restaurant. Great location near all the trails for year-round fun. Keep this great spot all to yourself, use it for an investment or both!
GNMLS #182961
Feb 19, 2021
Sold
$244,000
$162/sq ft
Feb 11, 2020
Listed
$283,900
$189/sq ft
+21
Kee-Mi-Con Lodge-Unit 206/216 now available! Enjoy the Eagle River Chain of Lakes without the headaches of maintaining a home on the lake. Let someone else do the work! You can use this as a 2 bedroom, 2 bath unit or take advantage of the lockout and use one side and rent the other. Eagle Waters Resort is located in the heart of the Chain of Lakes, and with western exposure you can enjoy sunsets poolside as you listen to the chatter of eagles and the call of the loons. This unit also comes with a 1 car storage garage and is FULLY FURNISHED and rental ready. There is on site management, on site restaurant/bar with a vintage lodge vibe and live entertainment on most nights in the summer. The permanent pier is available to dock your boat or cast a line and see what is biting! It is also conveniently located about 5 minutes from a boat launch and 10 minutes from Eagle River. A Northwoods experience with a luxury feel!
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Style
Condo/Co-op
County
Vilas County
APN
26-490-00068
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Last updated by owner on Feb 22, 2023.
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 hot days expected this year, 12 days in 30 years
Wind Factor
We're working on getting current and accurate wind risk information for this home.
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)
18
3
27
8
40
20
50
30
65
40
73
53
78
57
74
54
72
49
59
38
40
27
25
12
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Sun exposure
17/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
3.1 hrs
0.3 hr
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3958 Eagle Waters Rd Unit 206/216
$374,947
$14K under list price of $389K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $300K to $439K.