3801 Eagle Waters Rd 121 Acres of Commercial Land Offered at $4,000,000 in Eagle River, WI 54521

3801 Eagle Waters Road presents a rare opportunity to acquire a large-scale waterfront development site within Wisconsin's Northwoods recreation market. Encompassing approximately 121 acres with 872 feet of frontage on Voyageur Lake, part of the renowned Eagle River Chain of Lakes, the property combines significant shoreline access with an approved framework for future residential development.
The site is currently approved as a planned use development with the ability to accommodate up to 144 additional homes under the existing development plan. This entitlement position may allow a purchaser to accelerate development timelines while retaining the flexibility to pursue alternative concepts, subject to county approvals and any required modifications to the approved use. Existing infrastructure and ownership components include an established homeowners association structure with monthly dues covering lawn maintenance, snow removal, and trash services, creating a managed environment for future residents.
A recently constructed permanent pier with 18 boat slips further enhances the property's waterfront appeal and provides direct access to one of the Midwest's most recognized inland lake systems. The combination of developable acreage, shoreline frontage, recreational access, and existing entitlement approvals creates a compelling opportunity for residential developers, resort-oriented projects, or investors seeking a large-scale land holding in a destination market known for boating, fishing, snowmobiling, and year-round tourism activity.
Situated east of downtown Eagle River with access via Highway 70 and Rangeline Road, the property benefits from connectivity to regional amenities while maintaining a waterfront setting within the Eagle River Chain.