2 Bedroom Waterfront Home on Spectacle Lake - 1386 East Point Ln, Phelps, WI

This is the kind of Northwoods lake property buyers wait years to find! Privately tucked among mature trees on 2.65 wooded acres, this very well maintained chalet-style retreat offers more than 160 feet of sand frontage on peaceful Spectacle Lake. Neighboring homes are nearly hidden from view, creating a rare sense of seclusion while remaining convenient to Phelps. A comfortable approach leads to an exceptional swimming area, waterfront firepit, wheeled pier and included boat lift. Inside, a dramatic wall of lakeside windows fills the open-concept kitchen, dining and great room with natural light while framing expansive water views. The wood-burning stove adds warmth and classic Up North character, while the expansive wraparound lakeside deck is perfect for morning coffee, outdoor dining, entertaining or simply listening to the wonderful sounds of nature. The main level includes a spacious bedroom and full bath, while the upper loft provides flexible space for additional sleeping, a home office, or a quiet retreat. The finished walkout lower level adds a bright recreation room with lake views, pellet stove, butternut accent wall, built-in cedar-lined storage and a beautifully designed second full bath with a new tiled shower. An additional lower-level room is currently used as a bedroom but is nonconforming due to egress. A large utility room provides excellent storage and houses the mechanical systems. Additional features include forced-air propane heat, a 500-gallon propane tank (owned) and a propane-powered whole-house generator for added comfort and security. The 32x24 garage offers room for up to three vehicles and Northwoods toys, plus substantial upper-level storage currently used as a woodworking and hobby area. The pier and boat lift are included, and select furnishings may be negotiable. Peaceful water, tremendous privacy, remarkable sand frontage, quality construction, and unmistakable pride of ownership come together in one extraordinary package!