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$ 1,360,000

Est. payment -/mo

Sold on 06/06/2025

HILLSIDE RESORT TR #5724-5760 Phelps, WI 54554

22 Beds

8,089 SqFt

UPDATED:

Key Details

Sold Price $1,360,000

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

Square Footage 8,089 sqft

Price per Sqft $168

MLS Listing ID 208521

Bedrooms 22

Tax Year 2024

Lot Size 9.160 Acres

Property Sub-Type Hotel/Motel

Property Description

Calling all investors & entrepreneurs! Condo these off for a speedy & profitable return on your investment OR continue to run it as the resort it is now. This fully remodeled 11 unit resort is ready to go for you to become the next success resort owner on Lac Vieux Desert, with over 4000 acres to fish, ski & enjoy the abundance of nature on this spectacular lake, one of the largest lakes in Vilas County. All units completely remodeled, furnished, turn key ready & currently rented & reserved for future guests to relax in new waterfront cabins w/that freshly updated Northwoods charm & feel. Eight units w/in 20' of level sandy water w/views TO DIE FOR! Each unit has an accompanying garage lot for future construction & storage while each has parking next to their units as well. A large community garage allows for fish cleaning/extra storage for the units. An onsite restaurant (not included) continues to receive rave reviews, allows guests to dine out w/o GOING out! Best.Views.EVER!

Location

State WI

County Vilas

Rooms

Other Rooms Outbuilding

Interior

Heating Forced Air, Natural Gas, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Mixed

Exterior

Parking Features Private, Shared Driveway

Utilities Available Electricity Available, Natural Gas Available, High Speed Internet Connected

Waterfront Description Shoreline - Sand,Lake Front

View Y/N Yes

View Water

Roof Type Composition,Shingle

Building

Lot Description Dead End, Lake Front, Level, Views, Wooded

Sewer Conventional Sewer, Shared Septic

Water Shared Well

Listed by RE/MAX PROPERTY PROS
Bought with ELIASON REALTY - EAGLE RIVER

Mike Swisher

Agent

+1(715) 437-0181

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