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2315 Hwy 17

Phelps, WI 54554
  • $824,900
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 219390
UPDATED: 54 min ago
$824,900
  • 13
    BEDS
  • 3.72
    ACRES
  • 13
    BATHS
  • 0
    1/2 BATHS
  • 6,732
    SQFT
  • $123
    $/SQFT
Type:
Commercial
County:
Area:

School Ratings & Info

Description

LIVE. WORK. PLAY. GROW. Here is a rare opportunity to own an established, Northwoods hospitality property where business, home, & recreation come together! Lakeview Lodge offers 10 furnished motel rooms, a 2BR/2BA owner/manager residence, reception area with additional guest space featuring a king bed and bath, multiple garages, and a 30 x 46 rental storage building, all situated on approximately 3.1 acres. Built into the hillside, the motel benefits from exceptional natural insulation and energy efficiency, while its elevated setting and parking area provide beautiful views overlooking North Twin Lake. Across the street, an ADDITIONAL .62-acre lakefront parcel brings the total offering to approximately 3.72 acres and features 150’ of beautiful sand/gravel frontage, western exposure for gorgeous sunsets, municipal sewer and water, RV hookup and pad, storage shed, piers, and lift. The motel features five double-queen and five king rooms, each approximately 26 x 12, plus a guest coffee bar and onsite laundry for operations. Guest-room furnishings are included, allowing you to step into an established operation and build upon it! Live onsite, utilize the residence for management, or explore additional rental-income potential. For the recreational entrepreneur, the possibilities are exciting—leave directly from the property by snowmobile or UTV, capitalize on the lakefront location, and utilize substantial storage for rental equipment or future growth. Recent improvements include motel windows, living-quarter roof, front and rear decks, plus replacement house windows ready for installation. Best of all, the snowmobiles and UTVs are included, creating a truly turn-key recreational business opportunity with potential to generate revenue year-round! A 2.5-car garage and attached 1-car garage add even more utility. Live where others vacation, operate an existing business, and bring your vision to an opportunity with tremendous potential in Wisconsin’s Northwoods!

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© 2026 Northwoods Association of REALTORS® & Greater Northwoods MLS. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Dream North Real Estate, eXp Realty, LLC. Data last updated: 2026-09-14T10:07:23.503.
www.dreamnorthre.com/homes/180788214
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2315 Hwy 17 Phelps, WI 54554

  • Price: $824,900
  • Status: Active
  • On Site: 11 Days
  • Updated: 54 min ago
  • MLS #: 219390
13
Beds
13
Baths
0
½ Baths
3.72
Acres
6,732
SQFT
$123
$/SQFT
County:
Vilas
Area:
Phelps
Property Description
LIVE. WORK. PLAY. GROW. Here is a rare opportunity to own an established, Northwoods hospitality property where business, home, & recreation come together! Lakeview Lodge offers 10 furnished motel rooms, a 2BR/2BA owner/manager residence, reception area with additional guest space featuring a king bed and bath, multiple garages, and a 30 x 46 rental storage building, all situated on approximately 3.1 acres. Built into the hillside, the motel benefits from exceptional natural insulation and energy efficiency, while its elevated setting and parking area provide beautiful views overlooking North Twin Lake. Across the street, an ADDITIONAL .62-acre lakefront parcel brings the total offering to approximately 3.72 acres and features 150’ of beautiful sand/gravel frontage, western exposure for gorgeous sunsets, municipal sewer and water, RV hookup and pad, storage shed, piers, and lift. The motel features five double-queen and five king rooms, each approximately 26 x 12, plus a guest coffee bar and onsite laundry for operations. Guest-room furnishings are included, allowing you to step into an established operation and build upon it! Live onsite, utilize the residence for management, or explore additional rental-income potential. For the recreational entrepreneur, the possibilities are exciting—leave directly from the property by snowmobile or UTV, capitalize on the lakefront location, and utilize substantial storage for rental equipment or future growth. Recent improvements include motel windows, living-quarter roof, front and rear decks, plus replacement house windows ready for installation. Best of all, the snowmobiles and UTVs are included, creating a truly turn-key recreational business opportunity with potential to generate revenue year-round! A 2.5-car garage and attached 1-car garage add even more utility. Live where others vacation, operate an existing business, and bring your vision to an opportunity with tremendous potential in Wisconsin’s Northwoods!
Exterior Features

Construction Materials Brick Frame Masonry Stone Wood Siding Exterior Features Storage Parking Features Private Driveway Roof Composition Other Shingle

Interior Features

Electric Circuit Breakers Flooring Carpet Laminate Tile Heating Electric Natural Gas Other Hot Water Heating YN Yes Interior Features Storage

Property Features

Building Features Overhead Doors Reception Area Sign(s) Business Name Phelps Lakeview Lodge LLC Business Type Hotel / Motel Community Features Sidewalks Direction Faces West Frontage Length 150 Inclusions Real Estate and Business Fixtures Equipment Furniture Inventory Supplies Lot Features Open Space Views Other Structures Living Quarters Outbuilding Ownership Type Fee Simple Property Sub Type Hotel / Motel Public Survey Range 11 E Public Survey Section 02 Public Survey Township 41 N Road Frontage Type Highway Sewer Public Sewer Tax Annual Amount 6497 Tax Year 2025 Tenant Pays None Township VI Phelps ( Town) Utilities Natural Gas Available High Speed Internet Connected View Water View YN Yes Water Source Public Waterfront Features Shoreline - Sand Shoreline - Gravel Waterfront YN Yes

Listing information © 2026 Northwoods Association of REALTORS® & Greater Northwoods MLS.
Listing provided courtesy of Jeremy Ryan of ELIASON REALTY - EAGLE RIVER: (715) 479-4431.



© 2026 Northwoods Association of REALTORS® & Greater Northwoods MLS. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Dream North Real Estate, eXp Realty, LLC. Data last updated: 2026-09-14T10:07:23.503.
 
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7750 US Hwy 51, Suite C
Minocqua WI, 54548