548 N LAKE AVENUE Phillips WI 54555
    $ 289,900.00

    Description

    Investment opportunity near downtown overlooking the Phillips Chain of Lakes! This spacious 4 BR, 5 BA Queen Anne home on .892 acres offers a setup for a multiple-unit rental, B&B, event rental, & more! This original lumber baron’s mansion boasts character with many original features intact: maple floors, trim & staircase; servant’s staircase; lakeside turret & more. Entertain guests on the main floor with a great room w/wood-burning fireplace, formal dining room, small sitting room, functional kitchen w/pantry, & 1/2 bath. The 2nd level includes a library & 3 luxurious bedroom suites featuring a “bridal suite” w/spa area & air tub and views of the lake! You have a full separate open-concept living quarters w/private entry, 1 BR & lakeside turret on the 3rd level. Located on ATV/snowmobile trails & near Elk Lake Park, shopping, & abundant recreation. This also would make a great permanent home that could provide extra income! Take a look today–this could be the perfect fit for you!!

    Rooms&Units Description

    • Restrooms: 5

    Location Details

    • Municipality: Phillips, City Of
    • County: Price County
    • Directions: On Hwy 13 in Phillips
    • Area Desc: Other

    Property Details

    • # of Stories: 3
    • # of Buildings: 1
    • Building Sq Ft: 2001-5000
    • Land Sq Ft: 20001-50000
    • Number of Acres: 0.85
    • Sale/Rent: For Sale
    • Age: 125
    • POSSIBLE USE: Hotel/Motel/B & B,Office
    • Present Use: Other

    Property Features

    • ROOF: Shingle
    • BASEMENT: Full
    • HEAT TYPE: Hot Water
    • FUEL TYPE: Natural Gas
    • Parking: Private
    • WATER/WASTE: Municipal Sewer,Municipal Water

    Fees&Taxes

    • Tax Amount: $ 3,788.00
    • Tax Year: 2022

    Courtesy of

    • Office Name: NORTHWOODS REALTY