2315 Hwy 17, Phelps, WI

$824,900 - North Twin Lake

13

Beds

13

Baths

About 2315 Hwy 17

LIVE. WORK. PLAY. GROW. Here is a rare opportunity to own an established, Northwoods hospitality property where business, home, & recreation come together! Lakeview Lodge offers 10 furnished motel rooms, a 2BR/2BA owner/manager residence, reception area with additional guest space featuring a king bed and bath, multiple garages, and a 30 x 46 rental storage building, all situated on approximately 3.1 acres. Built into the hillside, the motel benefits from exceptional natural insulation and energy efficiency, while its elevated setting and parking area provide beautiful views overlooking North Twin Lake. Across the street, an ADDITIONAL .62-acre lakefront parcel brings the total offering to approximately 3.72 acres and features 150’ of beautiful sand/gravel frontage, western exposure for gorgeous sunsets, municipal sewer and water, RV hookup and pad, storage shed, piers, and lift. The motel features five double-queen and five king rooms, each approximately 26 x 12, plus a guest coffee bar and onsite laundry for operations. Guest-room furnishings are included, allowing you to step into an established operation and build upon it! Live onsite, utilize the residence for management, or explore additional rental-income potential. For the recreational entrepreneur, the possibilities are exciting—leave directly from the property by snowmobile or UTV, capitalize on the lakefront location, and utilize substantial storage for rental equipment or future growth. Recent improvements include motel windows, living-quarter roof, front and rear decks, plus replacement house windows ready for installation. Best of all, the snowmobiles and UTVs are included, creating a truly turn-key recreational business opportunity with potential to generate revenue year-round! A 2.5-car garage and attached 1-car garage add even more utility. Live where others vacation, operate an existing business, and bring your vision to an opportunity with tremendous potential in Wisconsin’s Northwoods!

Features of 2315 Hwy 17

MLS® # 219390
Price $824,900
Type Commercial
Sub-Type Motel/Hotel
Status Active
Lake Name North Twin Lake

Community Information

Address 2315 Hwy 17
City Phelps
County Vilas
State WI
Zip Code 54554

Amenities

Utilities Natural Gas Available, High Speed Internet Connected
Features Open Space, Views
Parking Private, Driveway
Garages Private, Driveway
View Water
Is Waterfront Yes
Waterfront Shoreline - Sand, Shoreline - Gravel
Has Pool No

Interior

Interior Carpet, Laminate, Tile
Interior Features Storage
Heating Electric, Natural Gas, Other, Hot Water
Fireplace No
Has Basement No

Exterior

Exterior Brick, Frame, Masonry, Stone, Wood Siding
Exterior Features Storage
Lot Description Open Space, Views
Roof Composition, Other, Shingle
Construction Brick, Frame, Masonry, Stone, Wood Siding

Additional Information

Date Listed September 2nd, 2026
Short Sale No
RE / Bank Owned No
Taxes $6,497
Tax Year 2025
Agent Jeremy Ryan
Office ELIASON REALTY - EAGLE RIVER

Listing Details

OfficeELIASON REALTY - EAGLE RIVER

Interested in this property?

Request Showing

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?