NOT LISTED FOR SALE

1986 Morey Rd Eagle River, WI 54521

Estimated Value: $506,000 - $4,549,113

5 Beds
5.5 Baths
5,717 Sq Ft
$442/Sq Ft Est. Value

Last Sold September 26, 2022

Last sale price $4,500,000 $787 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $15,742/month

24 Days on Market

Highlights

  • Lake Front
  • 339,332 Sq Ft lot
  • Deck
  • Docks
  • Chalet
  • Wood Burning Stove

About This Home

As of September 2022

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.

Last Agent to Sell the Property

Richelle Kruse

ELIASON REALTY - ST GERMAIN License #45311 - 90 Listed on: 08/19/2022

Last Buyer's Agent

Jerry Burkett

CENTURY 21 BURKETT & ASSOC.

CENTURY 21 BURKETT & ASSOC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,414

Year Built

  • Built in 1991

Lot Details

  • 7.79 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Street terminates at a dead end
  • West Facing Home
  • Property has an invisible fence for dogs
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Driveway

Home Design

  • Chalet
  • Block Foundation
  • Wood Roof
  • Log Siding

Interior Spaces

  • 5,717 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • 5 Fireplaces
  • Wood Burning Stove
  • Stone Fireplace
  • Water Views
  • Home Security System

Kitchen

  • Double Oven
  • Indoor Grill
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Jetted Tub in Primary Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer

Basement

  • Exterior Basement Entry
  • Crawl Space

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Docks
  • Deck
  • Open Patio
  • Outbuilding

Schools

  • Northland Pines-Er Elementary School
  • Northland Pines Middle School
  • Northland Pines High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Drilled Well
  • Gas Water Heater
  • Water Softener
  • Phone Available

Community Details

  • Eagle Acres Sub Subdivision
  • Shops

Listing and Financial Details

  • Assessor Parcel Number 14-741-26

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,414

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: OTTER,Eagle River
  • Ownership: Fee Simple,Trust
  • Subdivision Name: Eagle Acres Sub
  • 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.
  • Above Grade Finished Sq Ft: 5717.0
  • Architectural Style: Chalet/Alpine
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1991
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Cooktop, Double Oven, Dryer, Dishwasher, Disposal, Gas Water Heater, Indoor Grill, Microwave, Refrigerator, Range Hood, Water Softener, Washer/Dryer, Washer, Exhaust Fan
  • Has Basement: Crawl Space, Exterior Entry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Multiple, Stone, Wood Burning
  • Fireplaces: 5
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Handicap Access, High Ceilings, Jetted Tub, Bath in Primary Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Fencing: Invisible
  • Lot Features: Buildable, Cul-De-Sac, Dead End, Lake Front, Level, Private, Secluded, Views, Wooded, Waterfront
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Log
  • Direction Faces: West
  • Exterior Features: Dock, Landscaping, Out Building(s), Paved Driveway
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Open
  • Roof: Wood

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Two Car Garage, Heated Garage, Driveway

Utilities

  • Laundry Features: Main Level
  • Security: Security System
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Utilities: Phone Available
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Shopping

Schools

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

Lot Info

  • Lot Size Sq Ft: 339332.0
  • Parcel #: 14-741-26
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 19414.0
  • Tax Year: 2021

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2022 09/26/22 Sold $4,500,000 0.0% $787 / Sq Ft
08/22/2022 08/22/22 For Sale $4,500,000 -- $787 / Sq Ft
Source: Greater Northwoods MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $27,453 $4,894,400 $1,986,800 $2,907,600
2023 $28,695 $4,646,700 $1,986,800 $2,659,900
2022 $20,007 $2,169,200 $858,300 $1,310,900
2021 $19,414 $2,169,200 $858,300 $1,310,900
2020 $19,500 $2,169,200 $858,300 $1,310,900
2019 $19,625 $2,169,200 $858,300 $1,310,900
2018 $18,886 $2,169,200 $858,300 $1,310,900
2017 $18,511 $2,169,200 $858,300 $1,310,900
2016 $18,965 $2,169,200 $858,300 $1,310,900
2015 $18,456 $2,169,200 $858,300 $1,310,900
2014 $18,006 $2,169,200 $858,300 $1,310,900
2013 $18,928 $2,253,400 $822,700 $1,430,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 198636

Greater Northwoods MLS

APN: 14-741-26