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3936 Eagle Waters Rd

Eagle River, WI 54521
  • $989,999
  • STATUS: Active
  • ON SITE: 121 Days
  • MLS #: 217114
Price Reduced
UPDATED: 34 min ago
$989,999
  • 5
    BEDS
  • N/A
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 5,631
    SQFT
  • $176
    $/SQFT
Type:
Condo
Built:
2003
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Where Northwoods legends are made and lake memories last a lifetime!! Own a piece of Northwoods history at Historic Eagle Waters Resort on Eagle Lake, part of the legendary Eagle River Chain of Lakes... the LARGEST inland chain of lakes in the world!! This stunning 5-bedroom, 5,600+ square foot retreat just hit the rental market and is already commanding $1,000-$1,200 per night during peak season!! It brought in $27k in July alone! Sold COMPLETELY FURNISHED and perfectly located on the chain with easy access to Eagle River, this property delivers the full resort lifestyle... huge dock system, swimming frontage, outdoor pool, spacious lawn, and on-site restaurant right outside your door!! And those stunning lake views?? Thrown in for absolutely free!! Big enough to gather everyone together yet spread out enough that everyone can find their own little corner inside and out... this place has room to connect AND room to get lost!! Let's talk about the heart of this home... a kitchen TRULY meant for someone who loves to cook and entertain!! 8-burner range, double ovens, pantry, coffee station, and the BEST island imaginable for sitting around spilling the tea!! You have to SEE it to believe it!! The great room with gas fireplace, separate rec room with wet bar, and 1,200+ square feet of covered porch make entertaining effortless!! Primary suite on the main level, two ensuite bedrooms upstairs plus a bonus loft afford privacy for all... and the lower level with two large bedrooms, two full baths, and a sauna is the perfect haven for kids of all ages!! New 7-bedroom septic, 308 feet of shared frontage, and outstanding rental income potential make this an AMAZING opportunity whether you're looking for a personal getaway, an investment, or both!! Eagle River Chain living at its absolute finest!!

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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: 2026-09-14T11:07:28.26.
www.dreamnorthre.com/homes/176558148
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3936 Eagle Waters Rd Eagle River, WI 54521

  • Price: $989,999
  • Status: Active
  • On Site: 121 Days
  • Updated: 34 min ago
  • MLS #: 217114
5
Beds
5
Baths
1
½ Baths
N/A
Acres
5,631
SQFT
$176
$/SQFT
2003
Built
Neighborhood:
Eagle Waters Resort Condo
County:
Vilas
Area:
Eagle River
Elementary School:
VI Northland Pines-Er
Middle School:
VI Northland Pines
High School:
VI Northland Pines
Property Description
Where Northwoods legends are made and lake memories last a lifetime!! Own a piece of Northwoods history at Historic Eagle Waters Resort on Eagle Lake, part of the legendary Eagle River Chain of Lakes... the LARGEST inland chain of lakes in the world!! This stunning 5-bedroom, 5,600+ square foot retreat just hit the rental market and is already commanding $1,000-$1,200 per night during peak season!! It brought in $27k in July alone! Sold COMPLETELY FURNISHED and perfectly located on the chain with easy access to Eagle River, this property delivers the full resort lifestyle... huge dock system, swimming frontage, outdoor pool, spacious lawn, and on-site restaurant right outside your door!! And those stunning lake views?? Thrown in for absolutely free!! Big enough to gather everyone together yet spread out enough that everyone can find their own little corner inside and out... this place has room to connect AND room to get lost!! Let's talk about the heart of this home... a kitchen TRULY meant for someone who loves to cook and entertain!! 8-burner range, double ovens, pantry, coffee station, and the BEST island imaginable for sitting around spilling the tea!! You have to SEE it to believe it!! The great room with gas fireplace, separate rec room with wet bar, and 1,200+ square feet of covered porch make entertaining effortless!! Primary suite on the main level, two ensuite bedrooms upstairs plus a bonus loft afford privacy for all... and the lower level with two large bedrooms, two full baths, and a sauna is the perfect haven for kids of all ages!! New 7-bedroom septic, 308 feet of shared frontage, and outstanding rental income potential make this an AMAZING opportunity whether you're looking for a personal getaway, an investment, or both!! Eagle River Chain living at its absolute finest!!
Exterior Features

Architectural Style Two Story Construction Materials Cedar Frame Exterior Features Deck Landscaping Pool Foundation Details Poured Garage YN No Levels Two Parking Features No Garage Shared Driveway Patio And Porch Features Covered Deck Roof Composition Shingle

Interior Features

Above Grade Finished Area 3938 Appliances Double Oven Dryer Dishwasher Gas Water Heater Microwave Refrigerator Some Commercial Grade Washer Basement Exterior Entry Full Finished Interior Entry Basement YN Yes Below Grade Finished Area 1693 Cooling Central Air Cooling YN Yes Fireplace Features Gas Fireplace YN Yes Fireplaces Total 1 Flooring Carpet Tile Wood Heating Forced Air Natural Gas Heating YN Yes Interior Features Wet Bar Ceiling Fan(s) Cathedral Ceiling(s) High Ceilings Bath in Primary Bedroom Main Level Primary Sauna Vaulted Ceiling(s) Walk- In Closet(s) Laundry Features Washer Hookup In Basement

Property Features

Association Fee 750 Common Interest Condominium Frontage Length 308 Lot Features Dead End Level Wooded Ownership Condominium Pool Features In Ground Property Sub Type Condominium Property Sub Type Additional Condominium Public Survey Range 10 Public Survey Section 23 Public Survey Township 40 Road Frontage Type Town Road Road Surface Type Paved Sewer Conventional Sewer Stories 2 Tax Annual Amount 4300 Tax Year 2025 Township VI Washington ( Town) Unit Number 1 Water Source Drilled Well Waterfront Features Shoreline - Sand Waterfront YN Yes Zoning Description Other

Listing information © 2026 Northwoods Association of REALTORS® & Greater Northwoods MLS.
Listing provided courtesy of Julie Winter-Paez (Jwp Group) of RE/MAX PROPERTY PROS: 715-480-4333.



© 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: 2026-09-14T11:07:28.26.
 
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7750 US Hwy 51, Suite C
Minocqua WI, 54548