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Enjoy Northwoods lake living on Yellow Birch Lake, part of the Eagle River Chain of Lakes. This 3-bedroom, 2-bath home is set on a spacious lot with water views and sandy frontage for swimming, fishing and all your favorite water activities. The open kitchen features a large lake-facing window, while the living room offers additional water views, exposed beamed ceiling and a spectacular stone floor to ceiling wood-burning fireplace. An elevated deck overlooking the water can be accessed from both the kitchen and living room. The primary suite includes a private full bath and large walk-in closet. A walkout lower level provides a finished recreation room, workshop and abundant storage. Outside, enjoy a boathouse with electricity, pier, storage shed and two garages, including an oversized 2.5 car heated garage. The heated garage closest to the home features a large loft above which could be finished to create extra living space, an office with water views or storage depending on your needs. Additional highlights include a welcoming entry porch, lakeside fire pit, central air, newer furnace, gas water heater and a new well. The property is 2 miles from downtown Eagle River and close to the trails, restaurants and bars with a golf course near by. With excellent lake access, generous storage, lots of living space and inviting indoor and outdoor areas, this Chain of Lakes property is ready for year-round recreation and relaxation or relaxing summer adventures. This property is priced to sell quickly.

Highlights

  • Residential
  • Single Family Residence
  • Built in 1970
  • Waterfront
  • 72 days on Market

  • Bedrooms
    3
  • Bathrooms
    2
  • Year Built
    1970
  • Stories
    1.0
  • Architectural Style
    Ranch
  • Construction Materials
    Wood Siding, Frame
  • Foundation
    Block
  • Parking Features
    Driveway, Shared Driveway
  • Living Area
    1706.0
  • Interior Features
    Cathedral Ceiling(s), Walk-In Closet(s), Vaulted Ceiling(s), Master Downstairs, High Ceilings
  • Appliances
    Electric Range, Refrigerator, Gas Water Heater, Electric Oven
  • Flooring
    Laminate, Carpet, Ceramic Tile
  • Exterior Features
    Dock
  • Patio And Porch
    Deck
  • Cooling
    Central Air
  • Heating
    Forced Air, Natural Gas
  • Basement
    Full, Daylight, Exterior Entry

  • Lot Features
    Waterfront, Views
  • Water Front Features
    Lake Front
  • Water Front
    Yes
  • View
    Water

  • County
    Vilas
  • City
    Eagle River
  • Neighborhood
    Oliver Park Sub
  • 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 4539 Kanara Way?

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 4539 Kanara Way.

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 4539 Kanara Way?

Click Ask a Question to talk with our team. You already know it is a 3 bed, 2 bath, listed for $947,000. We can talk through recent upgrades, potential seller motivation, how this single family residence 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 4539 Kanara Way?

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 4539 Kanara Way at around $5,431. 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 4539 Kanara Way?

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 4539 Kanara Way?

In most cases, yes. Whether 4539 Kanara Way 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 4539 Kanara Way?

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 $947,000 with 1,706 sqft of space—that comes out to approximately $555 per square foot.

How long has this property been on the market?

4539 Kanara Way was listed on August 26, 2026, which means it's been on the market for 72 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 1970, making it approximately 56 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 4539 Kanara Way?

The most recent public record shows annual property taxes for 4539 Kanara Way were approximately $3,559. 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 4539 Kanara Way 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 06, 2026 at 06:34PM | Source: Greater Northwoods MLS | MLS#: 219251