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Where Northwoods legends are made and lake memories last a lifetime!! Own a piece of Northwoods history at Historic Eagle Waters Resort on Eagle Lake, part of the legendary Eagle River Chain of Lakes... the LARGEST inland chain of lakes in the world!! This stunning 5-bedroom, 5,600+ square foot retreat just hit the rental market and is already commanding $1,000-$1,200 per night during peak season!! It brought in $27k in July alone! Sold COMPLETELY FURNISHED and perfectly located on the chain with easy access to Eagle River, this property delivers the full resort lifestyle... huge dock system, swimming frontage, outdoor pool, spacious lawn, and on-site restaurant right outside your door!! And those stunning lake views?? Thrown in for absolutely free!! Big enough to gather everyone together yet spread out enough that everyone can find their own little corner inside and out... this place has room to connect AND room to get lost!! Let's talk about the heart of this home... a kitchen TRULY meant for someone who loves to cook and entertain!! 8-burner range, double ovens, pantry, coffee station, and the BEST island imaginable for sitting around spilling the tea!! You have to SEE it to believe it!! The great room with gas fireplace, separate rec room with wet bar, and 1,200+ square feet of covered porch make entertaining effortless!! Primary suite on the main level, two ensuite bedrooms upstairs plus a bonus loft afford privacy for all... and the lower level with two large bedrooms, two full baths, and a sauna is the perfect haven for kids of all ages!! New 7-bedroom septic, 308 feet of shared frontage, and outstanding rental income potential make this an AMAZING opportunity whether you're looking for a personal getaway, an investment, or both!! Eagle River Chain living at its absolute finest!!

Highlights

  • Residential
  • Condominium
  • Built in 2003
  • $750/ HOA
  • Waterfront
  • 176 days on Market

  • Bedrooms
    5
  • Bathrooms
    5 full · 1 half
  • Year Built
    2003
  • Stories
    2.0
  • Architectural Style
    Two Story
  • Construction Materials
    Frame, Cedar
  • Parking Features
    No Garage, Shared Driveway
  • Living Area
    5631.0
  • Interior Features
    Ceiling Fan(s), Cathedral Ceiling(s), Walk-In Closet(s), Vaulted Ceiling(s), Wet Bar, Master Downstairs, High Ceilings, Sauna
  • Appliances
    Dryer, Dishwasher, Microwave, Refrigerator, Washer, Double Oven, Gas Water Heater
  • Flooring
    Tile, Carpet, Wood
  • Patio And Porch
    Covered, Deck
  • Pool Features
    In Ground
  • Cooling
    Ceiling Fan(s), Central Air
  • Heating
    Forced Air, Natural Gas
  • Basement
    Finished, Full, Interior Entry, Exterior Entry

  • Lot Features
    Wooded, Level, Waterfront
  • Water Front
    Yes

  • County
    Vilas
  • City
    Eagle River
  • Neighborhood
    Eagle Waters Resort Condo
  • Zip Code
    54521
  • High School
    VI Northland Pines
  • Middle School
    VI Northland Pines
  • Elementary School
    VI Northland Pines-ER

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Frequently Asked Questions

How do I schedule a tour of 3936 Eagle Waters Rd #1?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 3936 Eagle Waters Rd #1.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 3936 Eagle Waters Rd #1?

Click Ask a Question to talk with our team. You already know it is a 5 bed, 5 bath, listed for $989,999. We can talk through recent upgrades, potential seller motivation, how this condominium compares to others in Eagle River, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 3936 Eagle Waters Rd #1?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 3936 Eagle Waters Rd #1 at around $5,726. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 3936 Eagle Waters Rd #1?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Vilas County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 3936 Eagle Waters Rd #1?

In most cases, yes. Whether 3936 Eagle Waters Rd #1 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Eagle River's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 3936 Eagle Waters Rd #1?

We can handle that for you. Our preferred local agent specializes in residentials in Eagle River and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $989,999 with 5,631 sqft of space—that comes out to approximately $176 per square foot.

How long has this property been on the market?

3936 Eagle Waters Rd #1 was listed on May 15, 2026, which means it's been on the market for 176 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2003, making it approximately 23 years old.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: VI Northland Pines-ER
  • Middle: VI Northland Pines
  • High: VI Northland Pines

Want to see how these schools compare? Check out our Vilas County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 3936 Eagle Waters Rd #1?

The most recent public record shows annual property taxes for 3936 Eagle Waters Rd #1 were approximately $4,300. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $750.

Is 3936 Eagle Waters Rd #1 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Greater Northwoods MLS. All rights reserved.

Last Updated: November 07, 2026 at 07:05AM | Source: Greater Northwoods MLS | MLS#: 217114