$299,900
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E1503 Penny Lane, Iola, WI 54945

2 Beds
1 Bath
738 Sq Ft

Your own slice of Paradise! Come check out this charming year round waterfront home with acreage, a large garage + additional storage bldgs! This successful VRBO rental comes with everything included & has 7 years of successful rental history. Graham Lake is a 54 acre (29 feet deep) spring fed lake which offers great fishing right off the pier. Paddle around the lake, take a floatie out in the clean, clear water to the swim platform, hop in your pontoon/fishing boat for a ride or just enjoy amazing sunsets from the poured concrete patio w/ pergola. Relax and get away from it all, just a few hours north of Madison, 2.5 hrs from Milwaukee, 25 minutes from Stevens Point and Waupaca. Look no further - this is your escape from the hustle & bustle + instant rental income!

  • MLS# 801249468250
  • Date Listed11/24/2025
  • Bedrooms 2
  • Bathrooms 1 Full baths
  • Lot Size 1.5 acres (65,340 sq. ft)
  • Sewer Holding Tank
  • Property Type Single Family
  • County WAUPACA
  • Year Built 1970
  • Water Well, Private
  • Square Feet 738 sq. ft
  • Price Per Sq. Ft $406.37

Interior Features

  • Appliances Range, Oven, Refrigerator
  • Cooling Wall/Window Unit(s)
  • Heating Propane

Exterior / Lot Features

  • Exterior Storage, Outbuilding, Shed(s)
  • Roof -
  • Lot Size Acres 1.50
  • Lot Size SQFT 65,340.00
  • Lot Features Wooded, Waterfront

Financial Considerations

  • Tax Amount $2,456
  • Terms Cash, Conventional, FHA, VA Loan

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in WI / 54945

Source: Walkscore

26/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 0/100, Transit Score: 0/100, Bike Score: 16/100.

Property Change History

Frequently Asked Questions for E1503 PENNY LANE

Source: Realty.com

E1503 PENNY LANE, Iola, WI 54945 is a Single Family 738 sq. ft. home listed for sale. Realty.com has 41 photos available of this 2 bed, 1 bath house, listed at $299,900. View sales and tax history, use our mortgage calculator and more on Realty.com

Realty.com has 41 photos of E1503 PENNY LANE.

Our records indicate that E1503 PENNY LANE was built in 1970.

The full address for this home is E1503 PENNY LANE, Iola, WI 54945.

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 0/100, Transit Score: 0/100, Bike Score: 16/100.

Listing provided courtesy of: RE/MAX Lyons Real Estate
Listing agent: Angela LeSage (#98637470967)

This content last refreshed on 2025-11-24 18:32:35. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of E1503 PENNY LANE, Iola, WI 54945 : MLS# 801249468250