$598,500

3 Beds 3 Baths 2,300 Sqft

E1501 Penny Lane, Iola, WI 54945

Property Type: Single-Family
Building Type: 1.5 Story
Time on Market: 143 days
Price per Sqft: $260
Waterfront: Y
Garage: 2 Car
Total Taxes: $5,938
Est. Age: 21+ Years
Virtual Tour: View Tour

Description

Tucked at the end of a quiet cul de sac, this inviting Graham Lake home offers frontage and a dock on the Lake & peaceful Leer Creek, set on more than seven private acres with walking trails to explore. The spacious primary suite features its own deck, cozy sitting area, and stunning water views from every window. A formal living room with cozy fireplace is perfect for gathering, while the bright kitchen with two islands & open concept dining area makes entertaining easy. Enjoy the expansive deck, relax in the hot tub, and take in the natural surroundings. Laundry on both levels, an indoor sauna & a charming outdoor bath house add comfort and convenience to this serene waterfront retreat. Plenty of space to roam, host guests, and truly unwind in every season. A true hidden gem!

Property Details

Interior

Appliances:
  • Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
Basement:
  • Crawl Space, Partial, Block
Baths:
  • Full Baths: 3
  • Bath Descriptions: At least 1 Tub,Whirlpool
Heating/Cooling:
  • Forced Air, Other, Window/wall AC
Heat Fuel:
  • Lp Gas
Interior Features:
  • High Speed Internet, Hot Tub, WhirlPool/HotTub, Sauna, Utility Room-Main, Walk-in closet(s), Water Softener
Sqft:
  • Total Sqft: 2,300
  • Lot Sqft Source: Assessor/Public Record
  • Estimated Sqft Range: 2001-2500

Rooms

Room Basement Level Lower Level Main Level Upper Level
Master Bedroom 16x20
Bedroom 2 13x10
Bedroom 3 13x10
Family Room 13x14
Kitchen 16x14
Living Room 27x17
Mud Room 8x10

Exterior

Acreage:
  • Range: 5 to 9.99
  • Source: Assessor/Public Record
Exterior:
  • Vinyl
Exterior Features:
  • Deck, Patio
Garage:
  • Details: Detached, 2 Car, Opener Included, 2 Car
  • Spaces: 2.0
Outbuildings:
  • Storage Shed
Style:
  • Bungalow
Water:
  • Body of Water: Graham Lake
  • Features: Over 300 feet, Waterfrontage on Lot, Lake, Creek, Dock/Pier, No Wake Lake
  • Waterfront: Y
Water/Waste:
  • Well, Holding Tank

Misc.

New Construction:
  • N
Postal:
  • Code: 54945
Street:
  • Name: PENNY LANE
  • Suffix: LANE
Value Range:
  • Pricing: N
Zoning:
  • Residential

Map

Listing Agent-Provided Directions:
  • 49N through Scandinavia to Iola, L on E State St., R on Main St through Iola, R on Anderson Rd, R on Nelson Rd, L on Graham Rd, L on Penny Ln

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Schools and Neighborhood

Elementary School:
  • Iola/Scandinavia(Waupaca Cty)
Middle School:
  • Iola
High School:
  • Iola
School District:
  • Iola-Scandinavia
Postal City:
  • Iola
Municipality:
  • Name: IOLA
  • Type: Town
County:
  • WAUPACA

Market Comparison

How this property compares to local market averages — calculated 7/6/2026

This Property
Iola Single Family Home Avg
Waupaca County Single Family Home Avg
List Price
$598,500
$363,193
$478,050
Median Price
—
$314,900
$359,000
Price / Sq Ft
$260
$192
$245
Days on Market
143 days
58 days
50 days
Total Listings
—
15
192

Listing Information

  • Time on Market: 143 days
  • Place Perfect Last Updated: 2026-06-29 02:23:36
  • MLS Number: 50321019
  • Subsystem Locale: WIREX_RANW
  • Listing Office: RE/MAX Lyons Real Estate
  • Listing Agent: Angela LeSage

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