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About This Home

This 4-bedroom, 3-bathroom single family at 3980 PEDERSEN TR in Phelps, WI is listed for $1,850,000. Built in 1940, on a 3.37 acres lot.

Agent Description

Welcome to a property that doesn't just check the boxes; it stands out from everything else on the market. From the moment you arrive, you'll notice what makes this opportunity so special: 1020 Ft of pancake-level sand frontage paired with the well-positioned four-bedroom, three-bath home designed to take full advantage of its surroundings.

This is one of those rare places where you can enjoy both sunrise and sunset views. Start your morning with peaceful, glowing sunrises that stretch over the 2,782 Acre North Twin Lake, and then end your day with vibrant sunsets painting the sky over the serene 628 Acre South Twin Lake.

All visible from your home, deck, or shoreline. Inside, the main living spaces are framed by large windows that highlight unbelievable views and bring in natural light from morning to night, creating a constant connection to the outdoors. Whether you're enjoying your first cup of coffee or winding down with a beverage in the evening, the scenery becomes part of your everyday life.

The wide, level frontage creates the perfect place for outdoor living. With over 3.3 Acres across 3 parcels, every square inch will enhance your dream property. Picture a custom patio with a fire pit down by the water, an outdoor kitchen, a screened gazebo, or simply open space to relax and take it all in.

Use the property as is, find ways to enhance the existing home, or create your ultimate dream home with space to expand without compromise. Whether it's a vacation home, a full-time residence, or an investment, this property can deliver both comfort and long-term value. What are you waiting for? A move-in-ready home, flat usable land, panoramic views, and over 3,000 acres of water to explore and enjoy is an incredibly rare combination. Come experience this true Northwoods gem today!

Key Features

  • Built in 1940
  • 3.37 acre lot
  • 2 stories
  • 3 parking spaces
  • Fireplace
  • Waterfront

Property Details

2 stories
2 full, 1 half
3 spaces
1940

Amenities

FireplaceWaterfrontView

Monthly Cost Estimate

$9,894/mo

20% down · 6.5% · 30 years

Principal$1,338
Interest$8,017
Insurance$540

Estimates only. Actual payments may vary.

Location

3980 PEDERSEN TR

Phelps, WI 54554

Features & Amenities

Interior Features

AdditionalLivingQuartersCeilingFansCathedralCeilingsHighCeilingsMainLevelPrimarySkylightsVaultedCeilings

Exterior Features

BoatLiftDockGardenOutBuildingsGravelDriveway

Property Details

Flooring

WoodVinylCarpet

Construction

Frame VinylSiding

Views

Water

Pool Features

Deck

Parking

DrivewayGarage

Heating

Natural GasForced Air

Appliances

DryerDishwasherElectricOvenElectricRangeMicrowavePropaneWaterHeaterRefrigeratorWasher

Questions & Answers

This 4-bedroom, 3-bathroom single family at 3980 PEDERSEN TR is listed at $1,850,000. The estimated monthly payment is $8,017 based on 20% down at 6.5% interest.

Key features include: Built in 1940, 3.37 acre lot, 2 stories, 3 parking spaces, Fireplace, Waterfront. Interior Features: AdditionalLivingQuarters, CeilingFans, CathedralCeilings. Exterior Features: BoatLift, Dock, Garden.

This property is listed by NOEL FITZGERALD and can be reached at 2624164367 or nfitzgerald@firstweber.com.

NF

NOEL FITZGERALD

Agent at FIRST WEBER - EAGLE RIVER

(262) 416-4367

Listed by FIRST WEBER - EAGLE RIVER · View on Broker Site

MLS# 217298· Source: listhub· Updated 10 days ago

Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3980 PEDERSEN TR, Phelps, WI 54554

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