981 Loon Lake Rd , Eagle River, WI 54521
$449,000
- 3
- beds
- 2 full · 1 half
- baths
- 1,818
- sqft
- 2023
- year built
$449,000
981 Loon Lake Rd , Eagle River, WI 54521
- 3
- beds
- 2 full · 1 half
- baths
- 1,818
- sqft
- 2023
- year built
- Status:
- Active
- MLS #:
- 219361
- County:
- Vilas
- Listed By:
- MATT WALLMOW - LAKELAND REALTY
- Agent Phone:
- (715) 490-9930
- Agent Email:
- matt@mattwallmow.com
Sponsoring Broker: Mike Zahrt, First Weber
Built in 2023 and ideally located just minutes from the heart of Eagle River, this impressive 3-bedroom, 2.5-bath home offers over 1,800 square feet of beautifully finished living space with a modern Northwoods feel. Step inside to soaring cathedral ceilings, an open and inviting layout, and high-end finishes throughout. Two separate living areas provide excellent flexibility for entertaining, relaxing, a home office, or additional guest space. The spacious primary suite features a private bath, while two additional bedrooms provide plenty of room for family and guests. Thoughtful design, quality craftsmanship, and newer construction make this home an appealing option for year-round living or a Northwoods getaway. The property also offers room to build a garage, allowing the next owner to customize the space to fit their needs. Enjoy a convenient location close to downtown Eagle River shopping, dining, schools, and everyday amenities, while being surrounded by everything the Northwoods is known for. The Eagle River area offers outstanding boating and fishing on its famous Chain of Lakes, along with nearby snowmobile, ATV/UTV, hiking, and biking opportunities. A newer, beautifully finished home combining modern comfort with easy access to one of Northern Wisconsin's most desirable recreational communities!
Highlights
- Residential
- Single Family Residence
- Built in 2023
- 70 days on Market
-
- Bedrooms
- 3
-
- Bathrooms
- 2 full · 1 half
-
- Year Built
- 2023
-
- Architectural Style
- One And One Half Story
-
- Construction Materials
- Frame, Vinyl Siding
-
- Foundation
- Slab
-
- Parking Features
- No Garage
-
- Living Area
- 1818.0
-
- Interior Features
- Ceiling Fan(s), Cathedral Ceiling(s), Vaulted Ceiling(s), High Ceilings
-
- Appliances
- Dishwasher, Electric Range, Refrigerator, Range Hood, Gas Water Heater, Washer/Dryer, Electric Oven
-
- Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
-
- Heating
- Natural Gas, Hot Water, Radiant Floor
-
- Basement
- None
-
- Lot Features
- Level
-
- County
- Vilas
-
- City
- Eagle River
-
- Zip Code
- 54521
-
- High School
- VI Northland Pines
-
- Middle School
- VI Northland Pines
-
- Elementary School
- VI Northland Pines-ER
-
Nearby Schools
-
49out of 100
-
56out of 100
-
50out of 100
-
53out of 100
-
52out of 100
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
-
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Price History
| 09/28/2026 | Price Changed | $449,000 |
| Source: Greater Northwoods MLS #219361 | ||
| 08/31/2026 | Listed | $489,900 |
| Source: Greater Northwoods MLS #219361 | ||
Source: MLS Data
Mortgage History
| 03/31/2026 | Credit Line (Revolving) / HELOC | $318,400 |
| 06/04/2025 | Credit Line (Revolving) / HELOC | $110,000 |
| 12/27/2023 | Credit Line (Revolving) / HELOC | $50,000 |
Source: Public records via Constellation Data Labs
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Similar Listings
Look Throughout Eagle River
There are currently 36 properties available in Eagle River, with 2 under contract to close soon. Properties in the city have an average sale price of $380,243 and typically spend 156 days on the market before being sold.
Want to compare this property to others available for sale in the area? Use our search to find exactly what you want among our 2,000,000+ listings and to see incredible photos to show you what is possible.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 981 Loon Lake Rd?
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 981 Loon Lake Rd.
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 981 Loon Lake Rd?
Click Ask a Question to talk with our team. You already know it is a 3 bed, 2 bath, listed for $449,000. 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 981 Loon Lake Rd?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 981 Loon Lake Rd at around $2,714. 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 981 Loon Lake Rd?
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.
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Can I negotiate the asking price for 981 Loon Lake Rd?
In most cases, yes. Whether 981 Loon Lake Rd 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 981 Loon Lake Rd?
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 $449,000 with 1,818 sqft of space—that comes out to approximately $247 per square foot.
How long has this property been on the market?
981 Loon Lake Rd was listed on August 31, 2026, which means it's been on the market for 70 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 2023, making it approximately 3 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 981 Loon Lake Rd?
The most recent public record shows annual property taxes for 981 Loon Lake Rd were approximately $1,909. 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 981 Loon Lake Rd 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 09, 2026 at 04:16AM | Source: Greater Northwoods MLS | MLS#: 219361