$624,900
SOLD OCT 31, 2025

4073 Shangri la Rd Eagle River, WI 54521

3 Beds
3 Baths
2,770 Sq Ft
7.5 Acres

Recently Sold

$226 Per Sq Ft

4% Below List Price

38 Days on Market

Highlights

  • Lake Front
  • Farm
  • Wetlands on Lot
  • Docks
  • Private Lot
  • Wooded Lot

About This Home

As of October 2025

Lakefront oasis! Nearly new 3BR/3BA home (built 2022) on 7.5 acres offers unmatched privacy—no neighbors can build around you. Enjoy stunning lake views, kayaking, paddleboarding, fishing, ATV/UTV & snowmobile trail access, and minutes to the Eagle River Chain. Open living spaces, primary suite, finished lower level with bonus room currently used as a 4th bedroom, dedicated office, theatre/family room, and ample storage. Energy efficient with solar panels, whole-house generator, and fiber internet. Includes a 3-car insulated garage. Hobby farm ready with multiple outbuildings (one with guest house/rental potential), lush landscaping, fruit trees, berries, and dog kennel. Extras include gutters w/leaf guards. Excellent deer hunting, beautiful setting, and at $226/sq. ft, this home is priced well below replacement cost—an outstanding value making this a great potential investment opportunity or single family home—a must-see property.

Last Agent to Sell the Property

Julie Winter-Paez

RE/MAX PROPERTY PROS License #56796 - 90 Listed on: 08/15/2025

RE/MAX PROPERTY PROS

Last Buyer's Agent

Kay Reil

RE/MAX PROPERTY PROS License #51999 - 90

RE/MAX PROPERTY PROS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,699

Year Built

  • Built in 2022

Lot Details

  • 7.5 Acre Lot
  • Lake Front
  • South Facing Home
  • Dog Run
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Wooded Lot
  • Garden
  • Zoning described as Recreational

Parking

  • 3 Car Attached Garage
  • Gravel Driveway

Home Design

  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Carpet
  • Water Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Docks
  • Wetlands on Lot
  • Patio
  • Outbuilding

Schools

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

Farming

  • Farm

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Drilled Well
  • Propane Water Heater
  • Public Septic Tank

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number 26-50-05

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,699

Year Built

Built in 2022

Lot Details

0

Parking

3

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: RADE
  • Ownership: Fee Simple
  • Directions: Take Hwy 45/17 north to Left on Shangri La Rd to home on Left.
  • Above Grade Finished Sq Ft: 1715.0
  • Architectural Style: Ranch, One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2022
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Propane Water Heater, Refrigerator, Washer
  • Has Basement: Full, Finished, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1055.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Ceiling Fan(s), Bath in Primary Bedroom, Main Level Primary, Pantry, Walk-In Closet(s)

Exterior Features

  • Lot Features: Farm, Lake Front, Level, Private, Secluded, Views, Wooded, Wetlands
  • View: Water
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Modular/Prefab, Vinyl Siding
  • Direction Faces: South
  • Exterior Features: Dock, Dog Run, Garden, Landscaping, Out Building(s), Patio, Gravel Driveway, Paved Driveway, Propane Tank - Leased
  • Foundation Details: Poured
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • 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

  • Current Use: Hunting
  • Lot Size Sq Ft: 326700.0
  • Parcel #: 26-50-05
  • Zoning Description: Recreational

Tax Info

  • Tax Annual Amount: 2699.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2022
Sold by
A. Pharo Tony
Bought by
A. Pharo Tony and A. Karolyn

Purchase Details

Closed on
Oct 22, 2020
Sold by
Sullivan Marcella A
Bought by
Pharo Tony A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $59,000 Northwoods Title & Closing Ser
Warranty Deed $45,000 Vilas Title Service Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2025 10/31/25 Sold $624,900 0.0% $226 / Sq Ft
09/15/2025 09/15/25 Price Changed $624,900 -2.3% $226 / Sq Ft
09/02/2025 09/02/25 Price Changed $639,900 -1.6% $231 / Sq Ft
08/15/2025 08/15/25 For Sale $649,999 -- $235 / 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 $2,699 $484,900 $45,300 $439,600
2023 $3,108 $482,300 $45,300 $437,000
2022 $477 $47,800 $39,000 $8,800
2021 $460 $47,800 $39,000 $8,800
2020 $399 $39,000 $39,000 $0
2019 $400 $39,000 $39,000 $0
2018 $370 $39,000 $39,000 $0
2017 $371 $39,000 $39,000 $0
2016 $381 $39,000 $39,000 $0
2015 $356 $39,000 $39,000 $0
2014 $354 $39,000 $39,000 $0
2013 $402 $39,000 $39,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Julie Winter-Paez

    Seller's Agent in 2025

    Julie Winter-Paez

    RE/MAX

    (715) 891-1236

    834 Total Sales

    Julie Winter-Paez
    Section Image
  • Kay Reil

    Buyer's Agent in 2025

    Kay Reil

    RE/MAX

    (715) 891-1094

    72 Total Sales

    Kay Reil
    Section Image
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Map

Source: Greater Northwoods MLS

MLS Number: 213861

Greater Northwoods MLS

APN: 26-50-05

Wisconsin Vilas County Eagle River 54521

4073 Shangri la Rd, Eagle River, WI

Sold

Detached

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