$429,900
UNDER CONTRACT

N10048 N Terrace Ln Phillips, WI 54555

Estimated payment $2,663/month

Total Views 3,415
2 Beds
2.5 Baths
2,750 Sq Ft
$156 Price per Sq Ft

Highlights

  • River Front
  • Wood Burning Stove
  • Wooded Lot
  • Deck
  • Private Lot
  • Cathedral Ceiling

About This Home

Nestled on 2.9 private acres with nearly 1,000 ft of scenic frontage on the Elk River, this immaculate 2 bed, 2.5 bath custom-built Scan log-sided home offers rustic elegance and unmatched tranquility. Just minutes from Musser Lake, the home welcomes you with a stunning open-concept great room, cathedral ceilings, and a cozy wood-burning fireplace. The kitchen boasts Cambria quartz countertops and custom rustic hickory cabinets. Off the dining room patio doors lead onto a peaceful 17x11 deck overlooking the natural beauty. The main floor features a spacious primary suite with trey ceilings, a walk-in closet, and a private bath, plus a convenient half bath. The mostly finished basement includes a large family room, a second bedroom, a full bath, and a versatile bonus room with cedar-lined closets. The yard offers apple and cherry trees, excellent fishing spots, ATV and snowmobile trail access, and proximity to thousands of acres of public hunting land—all right outside your door.

Listing Agent

Coty Flessert

NORTHWOODS REALTY Listed on: 07/16/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,470

Year Built

  • Built in 2013

Lot Details

  • 2.9 Acre Lot
  • River Front
  • Street terminates at a dead end
  • Stone Retaining Walls
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Drilled Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 21895&22151

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,470

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: River
  • Road Frontage Type: Town Road
  • Water Body Name: Elk River
  • Ownership: Fee Simple
  • Directions: Take Hwy H out of Phillips to a right onto Musser Dr to right onto Elk River Terrace to Right onto N Terrace Ln. Property at the end
  • Above Grade Finished Sq Ft: 1500.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2013
  • Property Sub Type Additional: Single Family Residence
  • Special Features: UnderContract
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Has Basement: Egress Windows, Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1250.0
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Bath in Primary Bedroom, Main Level Primary, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Lot Features: Dead End, Level, Private, Secluded, Wooded, Retaining Wall
  • Waterfront Features: Shoreline - Sand, Shoreline - Gravel, River Front
  • Waterfront: Yes
  • Construction Type: Frame, Log Siding, Wood Siding
  • Exterior Features: Deck, Landscaping
  • Patio And Porch Features: Covered, Deck
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Main Level
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: Conventional Sewer
  • Water Source: Drilled Well

Lot Info

  • Lot Size Sq Ft: 126324.0
  • Parcel #: 21895&22151

Tax Info

  • Tax Annual Amount: 4470.0
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $4,264 $186,400 $20,500 $165,900
2023 $3,804 $186,400 $20,500 $165,900
2022 $3,411 $186,400 $24,600 $161,800
2021 $3,057 $186,400 $24,600 $161,800
2020 $3,018 $186,400 $24,600 $161,800
2019 $2,620 $186,400 $24,600 $161,800
2018 $2,552 $186,400 $24,600 $161,800
2017 $2,540 $186,400 $24,600 $161,800
2016 $2,619 $186,400 $24,600 $161,800
2015 $2,820 $176,600 $24,600 $152,000
2013 $398 $24,600 $24,600 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 For Sale $429,900 -- $156 / Sq Ft
Source: Greater Northwoods MLS

Source: Greater Northwoods MLS

MLS Number: 213346

Greater Northwoods MLS

APN: 034-119505000

Wisconsin Price County Phillips 54555

N10048 N Terrace Ln, Phillips, WI

This home is located at N10048 N Terrace Ln, Phillips, WI 54555 and is currently priced at $429,900, approximately $156 per square foot. This property was built in 2013. N10048 N Terrace Ln is a home with nearby schools including Phillips Elementary School, Phillips Middle School, and Phillips High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Northwoods MLS IDX information is provided exclusively for 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 not guaranteed.

Nearby Homes
Coty Flessert
Listing Agent
Coty Flessert
Section Image
NORTHWOODS REALTY
(715) 553-5978