# 3980 PEDERSEN TR, Phelps, WI 54554

> **TL;DR:** 4bd/3ba single family, $1,850,000, built 1940.
> Fireplace, Waterfront, View. Est. $8,017/mo. Listed 10 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,850,000 |
| Bedrooms | 4 |
| Bathrooms | 2 full, 1 half |
| Year Built | 1940 |
| Lot Size | 146,797 sqft (3.37 acres) |
| Stories | 2 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 10 |

## Why This Home Stands Out

- **Waterfront** - Direct water access
- **Views** - Water

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $8,017 |
| **Total** | **$8,017** |

## Nearby Schools

- **Elementary:** VI Phelps
- **Middle:** VI Phelps
- **High:** VI Phelps

## Key Amenities

- Fireplace
- Waterfront
- View

## Property Highlights

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

## Description

### 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!

## Location

- **Address:** 3980 PEDERSEN TR, Phelps, WI 54554
- **County:** Vilas
- **Coordinates:** 46.03750916, -89.15977808
- **Google Maps:** https://www.google.com/maps?q=46.03750916,-89.15977808

## Listing Agent

- **Name:** NOEL FITZGERALD
- **Brokerage:** FIRST WEBER - EAGLE RIVER
- **Phone:** 2624164367
- **Email:** nfitzgerald@firstweber.com

## Primary Photo

![3980 PEDERSEN TR - Primary Photo](http://lh.rdcpix.com/7e4768e7c267a4d3e80a76f2b54bbaa6l-f2691134806r.jpg)

*99 total photos available on [listing page](https://www.propertysimple.com/listing/3980-pedersen-tr-phelps-wi-54554-i217298)*

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**MLS#:** 217298 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/3980-pedersen-tr-phelps-wi-54554-i217298)

---

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