THE DEWEY LAKE TRACT - VILAS COUNTY WISCONSIN: Enjoy the beauty of Vilas County with your own private lake! This pristine 550-acre parcel encompasses the private 52-acre Dewey Lake and offers a diversity of land ranging from rolling mixed hardwood stands, Red Pine and open pasture areas. This parcel features a newer, well-constructed 2-bedroom, 1 bathroom cabin built on the north shore of Dewey Lake offering southern exposure and breathtaking views of Dewey Lake and the surrounding topography. The current owner has completed extensive fish management within Dewey Lake including wintertime aerators and Dewey Lake offers several species of game fish. This one-of-a-kind large parcel is located near numerous recreational lakes and offers many great attributes including being only 20 minutes to Eagle River WI, has a mile of county road frontage, electricity, timber value and timber management opportunities, and potential investment opportunities as well.
Lot/land
$2,700,000
2994 Kentuck Lake Rd, Phelps, WI 54554
2beds
550Acres
Unimproved Land
Built in 2018
550 Acres Lot
$-- Zestimate®
$2,500/sqft
$-- HOA
What's special
County road frontageTimber valueOpen pasture areasPrivate lakeTimber management opportunitiesRolling mixed hardwood standsSouthern exposure
- 351 days |
- 819 |
- 29 |
Zillow last checked: 8 hours ago
Listing updated: July 09, 2025 at 04:24pm
Listed by:
ROY D ANTONIO 715-547-3341,
ELIASON REALTY - LAND O LAKES
Source: GNMLS,MLS#: 210408
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: First
- Dimensions: 10x11
Bedroom
- Level: First
- Dimensions: 11'6x8'6
Bathroom
- Level: First
Kitchen
- Level: First
- Dimensions: 12'11x14
Living room
- Level: First
- Dimensions: 13'6x18'11
Sunroom
- Level: First
- Dimensions: 15'3x9'3
Heating
- Forced Air, Propane
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- Laundry: Main Level
Features
- Ceiling Fan(s)
- Flooring: Wood
- Basement: None
- Attic: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,080
- Total interior livable area: 1,080 sqft
- Finished area above ground: 1,080
- Finished area below ground: 0
Property
Parking
- Parking features: No Garage
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Open
- Exterior features: Dock, Propane Tank - Leased
- Has view: Yes
- On waterfront: Yes
- Waterfront features: Shoreline - Sand, Shoreline - Fisherman/Weeds, Shoreline - Gravel, Lake Front
- Body of water: DEWEY
- Frontage type: Lakefront
- Frontage length: 5000,5000
Lot
- Size: 550 Acres
- Features: Adjacent To Public Land, Buildable, Farm, Lake Front, Level, Pasture, Private, Rolling Slope, Rural Lot, Secluded, Sloped, Tillable, Wooded, Wetlands
Details
- Parcel number: 181771, 181777
- Zoning description: General Business
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Conventional Sewer
- Water: Drilled Well
Community & HOA
Location
- Region: Phelps
Financial & listing details
- Price per square foot: $2,500/sqft
- Tax assessed value: $876,600
- Annual tax amount: $16,065
- Date on market: 1/22/2025
- Ownership: Fee Simple
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/22/2025 | Listed for sale | $2,700,000+176.9%$2,500/sqft |
Source:  GNMLS #210408 Report a problem | ||
| 8/24/2018 | Sold | $975,000$903/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,162 +1.8% | $876,600 |
| 2023 | $8,996 -4.6% | $876,600 |
| 2022 | $9,433 +2.5% | $876,600 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 54554
Nearby schools
GreatSchools rating
- 5/10Phelps Elementary SchoolGrades: PK-8Distance: 5.5 mi
- 9/10Phelps High SchoolGrades: 9-12Distance: 5.5 mi
Schools provided by the listing agent
- Elementary: VI Phelps
- Middle: VI Phelps
- High: VI Phelps
Source: GNMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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