3302 Garrison Ln - Residential Income FOR SALE


Phelps, WI 54554
$379,000 USD
715-891-4075

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$379,000 USD
Residential Income - FOR SALE
null | Request Cap Rate

3302 Garrison Ln
Phelps, WI 54554


HIGHLIGHTS

  • Direct access to snowmobile and ATV trail systems from the property.
  • Located minutes from Lac Vieux Desert and year-round recreation.
  • Approximately 3.02 acres offering privacy and outdoor enjoyment.
  • Four-bedroom, three-bathroom layout suited for personal or guest use.
  • Enclosed porch provides additional gathering and recreation space.

OVERVIEW

3302 Garrison Lane presents an opportunity to acquire a Northwoods property that combines personal-use appeal with established income potential. Situated on approximately 3.02 acres in Vilas County, the property offers a private setting while providing direct access to regional snowmobile and ATV trail networks. The location places residents and guests within minutes of Lac Vieux Desert, a well-known destination for boating, fishing, and year-round outdoor recreation. The home contains four bedrooms and three full bathrooms and is configured to support family gatherings, seasonal retreats, or continued vacation-rental operations. A large enclosed porch offers additional gathering space and the opportunity for future customization. The combination of recreational access, acreage, and existing residential improvements creates flexibility for owner-occupants, second-home buyers, and investors seeking a property with demonstrated visitor appeal. Phelps is recognized for its extensive lake systems, forested surroundings, and outdoor recreation economy, helping support demand from seasonal visitors throughout the year. The property's location allows convenient access to nearby communities including Land O' Lakes and Eagle River while maintaining the privacy often sought in northern Wisconsin recreational properties. The property's rental history, direct trail access, and proximity to regional outdoor attractions position it as a potential vacation retreat, income-producing asset, or full-time residence. The combination of recreational amenities, private acreage, and established improvements offers a versatile ownership opportunity in one of Wisconsin's premier outdoor recreation markets.

FOR SALE DETAILS

PRICE

$379,000 USD

PRICE/SF

$227 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.02 AC

LAND SF

131,551 SF

ZONING

-

APN/PARCEL ID

18-1250

ASK ABOUT THIS PROPERTY

Michelle GarsowCentury 21 Burkett - LolMore Info
715-891-4075

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Michelle GarsowCentury 21 Burkett - LolMore Info
715-891-4075

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.