NOT LISTED FOR SALE

off Galli Dr Eagle River, WI 54521

4 Beds
2 Baths
2,279 Sq Ft
1.02 Acres

Last Sold November 10, 2022

Last sale price $940,000 $412 Per Sq Ft

113 Days on Market

Highlights

  • Lake Front
  • Indoor Spa
  • Contemporary Architecture
  • Docks
  • Deck
  • Wooded Lot

About This Home

As of November 2022

Looking for an investment property with a cap rate of 8%? This one-of-a-kind property is an investor’s dream! With 100’ of sandy frontage on Yellow Birch Lake, part of the Eagle River Chain, this 4BR/2BA house is currently a VERY successful rental. The main gathering space is over 1000sf with lots of Northwoods character, a gorgeous floor to ceiling stone, gas fireplace & fabulous views. The kitchen sits behind the custom-made bar for true open concept living; cabinets are also custom-made from Pine & Alder. Renters can play all day then relax in the sauna off the great room or in the hot tub on the deck enjoying the gorgeous views of the lake. Southeastern exposure means great sunrises & lots of sunshine on sandy shores. Renters will appreciate the high-speed internet, the pool table & foosball table. A detached garage offers storage for vehicles & toys. Downtown Eagle River offers all the conveniences of town just minutes away. Grab the opportunity & add this one to your portfolio!

Last Agent to Sell the Property

Julie Winter-Paez

RE/MAX PROPERTY PROS License #56796 - 90 Listed on: 07/19/2022

RE/MAX PROPERTY PROS

Last Buyer's Agent

DANIELLE HAZELQUIST

REDMAN REALTY GROUP, LLC License #92117 - 94

Home Details

Home Type

  • Single Family

Lot Details

  • 1.02 Acre Lot
  • Lake Front
  • Open Space
  • South Facing Home
  • Stone Retaining Walls
  • Landscaped
  • Wooded Lot
  • Zoning described as Recreational

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,279 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Indoor Spa
  • Sauna
  • Crawl Space
  • Property Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Open Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Drilled Well
  • Tankless Water Heater
  • Public Septic Tank

Community Details

  • Shops

Home Details

Home Type

Single Family

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: YELLOW BIRCH
  • Ownership: Fee Simple
  • Directions: From ER office - 70 West to Left on Hwy 45 to Right on McKinley Blvd to Right on Galli Rd to fire #1682, on Right
  • Above Grade Finished Sq Ft: 2279.0
  • Architectural Style: Contemporary, One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Mixed, Tile
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Hot Tub/Spa, Sauna, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Lake Front, Open Space, Wooded, Retaining Wall
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Vinyl Siding
  • Direction Faces: South
  • Exterior Features: Dock, Landscaping, Paved Driveway
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Two Car Garage, Driveway

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Shopping, Skiing

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: 44431.0
  • Parcel #: TBD
  • Zoning Description: Recreational
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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
11/10/2022 11/10/22 Sold $940,000 -3.6% $412 / Sq Ft
09/27/2022 09/27/22 Price Changed $975,000 -2.0% $428 / Sq Ft
07/19/2022 07/19/22 For Sale $995,000 -- $437 / Sq Ft
Source: Greater Northwoods MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 198033

Greater Northwoods MLS