3870 Pedersen Tr, Phelps WI 54554 $425,000

3870 Pedersen Tr, Phelps BD: 6 BA: 2.0 $425,000 Active

  • ResidentialProperty Home
  • Status: Active
  • 6 Bedrooms
  • 1 Full Bathrooms
  • 1 Half Bathrooms
  • Est. Year Built: 1925
  • High School: VI Phelps
  • Body of Water: North Twin
  • County: Vilas
  • Property Taxes: $3,455
  • Property Tax Year: 2016
  • MLS#: 158501
  • Listing Company: Century 21 Burkett & Assoc.

3870 Pedersen Tr Phelps WI 54554 - The famous nine acre "Gangster Island" is on the 3430 acre North/South Twin lakes. It is one the nicest islands in Northern Wisconsin with 2760 feet of sand/gravel frontage, and the water is clear and deep. The fishing is outstanding with a "class A" musky/walleye rating, and a major snowmobile trail runs across the lake. Own a part of history: Originally owned by Hart, Shaffner & Marx clothier; then in the 1920's and 30's the personal physician of Al Capone (local lore tells that the island was patrolled by guards with machine guns, coining the identification of Gangster Island); from 1940-93 the famed Kohler Family owned it and it was utilized as a Wisconsin Governor's summer retreat; and since was owned by the Camp Birch Knoll Girls Camp. It has a nearby mainland access lot with pier, and the 3100 sq. ft. vintage home has 6 bed rooms and 2 baths, and lakeside guest cottage. 8831


  • Dining Room: 17x15
  • Kitchen: 16x13
  • Bathroom: 1/2
  • Living Room: 26x16
  • Porch: 39x12


  • Bedroom: 14x9
  • Bedroom: 17x12
  • Bedroom: 17x13
  • Bedroom: 17x13
  • Bedroom: 12'6x11'6
  • Bedroom: 12x11
  • Bathroom: full
Additional Features
  • Crawl Space
  • Heating/Cooling: Baseboard
  • 2 Story
  • Flooring: Carpeting, Laminate, Mixed
  • Roof: Composition Shingles
  • Waterfront/Access: Y
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
158501 Active Jun 6 2016 11:19AM $425,000 473

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Buyer understands that the information which is contained on Data pages is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. REALTOR *MLS* Equal Housing Opportunity

Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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