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1307-09 Spectacle Lake Ln, Phelps, WI 54554

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For Sale

$1,049,000

4 beds • 2 baths • 2,791 sqft

Estimated Payment

$ 5,793 /mo. †

6.76% APR for 30 yrs.
$4,136 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $375.85
    Price per square foot

  • 31-40 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

CUSTOM LOG HOME + GUEST HOUSE ON SPECTACLE LAKE - This stunning full-log 4BD/2BA home features a cozy wood-burning stone fireplace, master suite, 1-car attached garage, and a wrap-around composite deck showcasing gorgeous southern-exposure lake views. The sunroom is perfect for enjoying an evening cocktail. Spectacle Lake is a 171 acre, quiet gem of a lake. Set on 365 feet of crystal-clear sand frontage and over 1 acre of privacy towards the end of a quiet dead-end road. The 3-car detached garage offers plenty of storage space and has a 1BD/1BA and 864sqft guest house above which makes for great overflow living space. Everything is built with top-tier craftsmanship, including hardwood floors, granite counters, copper gutters, and composite shake roofing. The property is complete with a firepit overlooking the lake, and access to nearby snowmobile and ATV/UTV trails. Close to the Nicolet National Forest for year-round outdoor adventures. This is Northwoods living at its finest!
MLS# 210489

Courtesy Of Eliason Realty of the North, LLC

(800) 472-5222

Property Features

  • Age
    31-40 Years Old
  • Amenities
    Dock, Water Front
  • Appliances
    Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Log
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Tile, Wood
  • Heating System
    Fireplace
  • Lot Size
    1.08 Acres
  • Rooms
    Dining Room, Kitchen, Living Room, Loft
  • View Type
    Water

Map and Directions

Directions to 1307-09 Spectacle Lake Ln, Phelps, WI 54554

Home seller CENTURY 21 Burkett & Associates

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Burkett & Associates

(715) 547-3400
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $5,449
  • Property Taxes
    $344
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $5,793

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Phelps Elementary School

Grades PK-8 Public School

Phelps, WI 54554 4.9 miles
4451 old school rd

72 total students
7:1 Student teacher ratio

School Rating: C

School Details

Phelps High School

Grades 9-12 Public School

Phelps, WI 54554 4.9 miles
4451 old school rd

31 total students
7:1 Student teacher ratio

School Rating: B-

School Details

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Phelps, WI 54554

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Phelps, WI 54554

This community’s employment is highest in the healthcare support and food industries. The area’s overall household expenses are above the national average.

78° July
Hottest Average Month
0° January
Coldest Average Month
833 Total Households in Area
4.5% Increase in population since the year 2010
14.9%
of households
have children
21 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Phelps, WI 54554

Phelps, WI 54554 has a population of 1,702 people in 833 households with a median age of 58.4 years old.

4.5%
Increase in population
since the year 2010
Population is Trending up
797
Total households as of 2010
2.8%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 58.4 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 94%
Hispanic 2%
Native American <1%
Other <1%
Asian <1%
Black <1%
The most prevalent ethnicity is White at 94%, followed by Hispanic at 2%, Native American at <1%, and Other at <1%.

Economics
for Phelps, WI 54554

16 /sq mi
Population Density
$54,889 /yr
Median Household Income
$262,500
Median Sales Price
21 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $35-49,999k representing 17.69% of the households.

Transportation to Work

  • Drive 83%
  • Work from Home 13%
  • Walk or Bike 4%
  • Public Transit 0%

Occupancy by Type

Vacant 1,220 59%
Owned 720 35%
Rented 112 5%

White vs Blue Collar Jobs







White Collar 67%
Blue Collar 33%

Family & Education Facts
for Phelps, WI 54554

58.4 Median Age

Average Household Size

2
persons per
household

57.2%

Married Households

Community Population By Education

High School Graduate 34%
Some College 26%
Bachelors Degree 14%
Associates Degree 12%
Graduate Degree 9%
Some High School 5%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 34.09% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
14.9% of households have children

Weather
for Phelps, WI 54554

The weather for this area ranges from a high of 78° F in July to a low of 0° F in January

78° July
Hottest Average Month
0° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
0°
21°
Feb
3°
26°
Mar
13°
36°
Apr
28°
51°
May
39°
66°
Jun
49°
74°
Jul
54°
78°
Aug
52°
76°
Sep
44°
66°
Oct
34°
55°
Nov
21°
37°
Dec
8°
25°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Northwoods Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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 being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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