SOLD OCT 16, 2026

Sold on oct 2026

$240,000

Land

•

2.43

acres (lot)

Lot 32 Nicolet Shores Ln, Phelps, WI 54554

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About this home

SOLD BEFORE PRINT - Discover an exceptional opportunity to own 2.43 acres with 200 feet of lake frontage on beautiful Spectacle Lake in Phelps, Wisconsin! This desirable west-facing waterfront parcel offers stunning sunset views, a peaceful Northwoods setting, and plenty of space to bring your dream lakefront retreat to life. Whether you’re envisioning a year-round residence, vacation cabin, or private recreational getaway, this property provides an ideal setting to enjoy the natural beauty of Vilas County. Located just minutes from the charming community of Phelps and a short drive to Eagle River, you’ll have convenient access to shopping, dining, and endless outdoor adventures. Enjoy boating, fishing, kayaking, swimming, hiking, ATVing, and snowmobiling throughout the seasons. Zoned General Use, the property offers flexibility for a variety of potential uses, subject to applicable regulations. With generous acreage, desirable waterfrontage, and western exposure, this Spectacle Lake property presents a fantastic opportunity to invest in the Northwoods lifestyle. Don’t miss your chance to own a beautiful piece of Wisconsin lakefront paradise!

Vacant landProperty Type

2.43 acresLot Size

$98,765Price/Acres

Listed by RYAN HANSON • LAKELAND REALTY

Listed by MATT WALLMOW • LAKELAND REALTY

Bought with MATT WALLMOW • LAKELAND REALTY

Redfin checked: 2 minutes ago

•Source:GNMLS #220197

Redfin Estimate

$229,645

$10K since sold in October 2026

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 59.9% lower than the average sale price ($573K) of 6 comparable homes.

SOLD OCT 16, 2026
$245,000
A
Land— sq ft
Lot 33 Nicolet Shores Ln, Phelps, WI 54554
SOLD AUG 31, 2026
$900,000
B
3 beds2.5 baths2,695 sq ft
2287 E Anvil Lake Rd, Eagle River, WI 54521
SOLD SEP 30, 2026
$254,000
C
4 beds1 bath2,090 sq ft
4205 Long Lake Dam Rd, Phelps, WI 54554
SOLD SEP 30, 2026
$1,300,000
D
5 beds4 baths6,014 sq ft
2624 Holiday Lodge Ln, Phelps, WI 54554
SOLD SEP 25, 2026
$62,000
E
Land— sq ft
Lot 5 Grace Ln, Washington, WI 54521
SOLD SEP 1, 2026
$675,000
F
2 beds2 baths2,336 sq ft
2970 Kentuck Ln, Eagle River, WI 54521

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Market trends in 54554, WI

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

96.1%

+0.4% MoM

Median sale price

$400K

$40K MoM

Avg. days on market

75d

6 days MoM

Recently sold homes

1 MoM

New listings for sale

$849,900
2 beds2 baths1,800 sq ft
5741 Hill Vieux Dr, Phelps, WI 54554
See all

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Sale and tax history for Lot 32 Nicolet Shores Ln

Sale History
Tax History

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Vacant Land

County

Vilas County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 26, 2026.

Property details

Exterior

Building Information
Sq. Ft.: 0

Property Features
On Waterfront

Property Information
Property Type: Land

Lot Information
Lot Features: Waterfront
Frontage Length: 200
Water Body Name: SPECTACLE
Road Frontage Type: Other

Location

Location Information
Directions: From Eagle River, Hwy 70 east to left (north) on Kentuck Lake Rd to right (east) on Nicolet Shores Ln. (adjacent to the south of 1152 Nicolet Shores Ln).

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Vilas County
APN: —

Home facts updated by county records on Oct 26, 2026

Around this home

Schools

Phelps Elementary School

Public PreK-8 • Assigned • 5.3mi

5/10

Phelps High School

Public 9-12 • Assigned • 5.3mi

9/10

Provided by GreatSchools

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 91° expected this year, 13 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

Phelps, WI • 54554

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

$219,000 – $265,000

Sell confidently with a local market expert in Phelps.

Nearby similar homes

$99,900

Land— sq ft

ON River Rd #1, Cloverland, WI 54521

Private sanctuary • Wisconsin river • Complete seclusion

$109,900

Land— sq ft

ON River Rd #2, Cloverland, WI 54521

Private sanctuary • 150 of shoreline • Secluded section

$119,900

Land— sq ft

ON River Rd #5, Cloverland, WI 54521

Private sanctuary • Exclusive property • Secluded section

$109,900

Land— sq ft

ON River Rd #3, Cloverland, WI 54521

Private sanctuary • Wisconsin river • 160 of shoreline

$124,900

Land— sq ft

ON River Rd #7, Cloverland, WI 54521

Private sanctuary • Wisconsin river • Complete seclusion

$129,900

Land— sq ft

ON River Rd #4, Cloverland, WI 54521

Listed 3 days

New listings for sale in 54554

$849,900

2 beds2 baths1,800 sq ft

5741 Hill Vieux Dr, Phelps, WI 54554

Custom cabinets • Farmhouse sink • Rec room

Home values near Lot 32 Nicolet Shores Ln

Data from public records.

Address	Redfin Estimate
1415 Nicolet Shores Lane, Phelps, WI - Beds \| - Baths \| - Sq. Ft.	—
1460 Nicolet Shores Lane, Phelps, WI - Beds \| - Baths \| - Sq. Ft.	—
Lot 21 Nicolet Shores Lane, Phelps, WI - Beds \| - Baths \| - Sq. Ft.	—
3224 W Bay Lane, Phelps, WI - Beds \| - Baths \| - Sq. Ft.	$202,467
3190 Kentuck Lake Road, Phelps, WI - Beds \| - Baths \| - Sq. Ft.	—
3132 Lodge Lane, Phelps, WI - Beds \| - Baths \| - Sq. Ft.	—
1408 E Point Lane, Phelps, WI - Beds \| - Baths \| - Sq. Ft.	—

Address	Redfin Estimate
1472 Nicolet Shores Lane, Phelps, WI - Beds \| - Baths \| - Sq. Ft.	—
1370 Nicolet Shores Lane, Phelps, WI - Beds \| - Baths \| - Sq. Ft.	$178,387
3214 W Bay Lane, Phelps, WI - Beds \| - Baths \| - Sq. Ft.	$354,739
3244 W Bay Lane, Phelps, WI - Beds \| - Baths \| - Sq. Ft.	—
3180 Kentuck Lake Road, Phelps, WI - Beds \| - Baths \| - Sq. Ft.	—
3152 Lodge Lane, Phelps, WI - Beds \| - Baths \| - Sq. Ft.	—
1414 E Point Lane, Phelps, WI - Beds \| - Baths \| - Sq. Ft.	—

Address	Redfin Estimate
1480 Nicolet Shores Lane, Phelps, WI - Beds \| - Baths \| - Sq. Ft.	$590,990
1406 Nicolet Shores Road, Phelps, WI 2 Beds \| 2 Baths \| 1500 Sq. Ft.	$526,330
3230 W Bay Lane, Phelps, WI - Beds \| - Baths \| - Sq. Ft.	—
3236 W Bay Lane, Phelps, WI - Beds \| - Baths \| - Sq. Ft.	—
3220 W Bay Lane, Phelps, WI - Beds \| - Baths \| - Sq. Ft.	—
3146 Lodge Lane, Phelps, WI - Beds \| - Baths \| - Sq. Ft.	—
1420 E Point Lane, Phelps, WI - Beds \| - Baths \| - Sq. Ft.	—

Property information provided by GNMLS when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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Lot 32 Nicolet Shores Ln, Phelps, WI 54554

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About this home

Redfin Estimate

Market trends in 54554, WI

Homeowner tools

Sale and tax history for Lot 32 Nicolet Shores Ln

Public record

Property details

Exterior

Location

Public facts

Around this home

Schools

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 54554

Home values near Lot 32 Nicolet Shores Ln

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