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$647,000
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Property 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!
Full Property Details
Full Property Details for E1501 Penny Ln
General
- Price: $647,000
- Taxes: $5,938
- Status: Active
- Type: Single Family
- Source: Wirex_Realtors_Association_of_Northeast_Wisconsin_RANW
- MLS ID: 50321019
- Updated: 2/12/2026
- Added to Site: 8 day(s) ago
Interior
- Interior Features: High-Speed Internet, Hot Tub, WhirlPool/HotTub, Sauna, Main-Level Utility Room, Walk-In Closet(s), Water Softener
- Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Bathroom: At least 1 Tub, Whirlpool
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: 16 x 20, Upper
- Bedroom 2: 13 x 10, Main
- Bedroom 3: 13 x 10, Main
Other Rooms
- Living Room: 27 x 17, Main
- Family Room: 13 x 14, Main
- Kitchen: 16 x 14, Main
- Mud Room: 8 x 10, Main
Exterior
- Exterior Features: Deck, Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Detached, 2 Car, Opener Included, 2 Car
Location
- Municipality: Iola
- County: Waupaca
- Driving 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
School Information
- School District: Iola-Scandinavia
- Elementary School: Iola/Scandinavia(Waupaca Cty)
- Middle School: Iola
- High School: Iola
Heating & Cooling
- Heating Fuel: LP Gas
- Heating/Cooling: Forced Air, Other, Window/Wall Air Conditioning
Utilities
- Water/Sewer: Well, Holding Tank
Structural Information
- Architectural Style: Bungalow
- Description/Design: 1.5 Stories
- Construction Status: Construction Completed
- Exterior Const.: Vinyl
- Basement Desc.: Crawlspace, Partial, Block
- Square Feet: 2,300
- Square Feet Range: 2001 to 2500
- Sq. Ft. Source: Assessor/Public Record
Additional Structures
- Other Structures: Storage Shed
Lot Features
- Lot Size (Acres): 7.55
- Lot Size Range: 5 to 9.99 Acres
- Lot Size Source: Assessor/Public Record
- Zoning: Residential
Water Features
- Water Front: Yes
- Water Front Name: Graham Lake
- Water Front Desc.: Over 300 feet, Water Frontage on Lot, Lake, Creek, Dock/Pier, No Wake Lake
- Lake Front: Yes
Financial Considerations
- Tax Amount: $5,938
Listed by RE/MAX Lyons Real Estate
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Schools
Schools serving E1501 Penny Ln
School District:Iola-Scandinavia School District
| Name | Grades | Distance |
|---|---|---|
Iola-Scandinavia Elementary School 450 Division Street, Iola, WI 54945 | PK-6 | 4.7 mi |
Iola-Scandinavia High School 540 South Jackson Street, Iola, WI 54945 | 7-12 | 4.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for E1501 Penny Ln
Date
Details
Price
Change
Source
2/12/2026
Listed
$647,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for E1501 Penny Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,841
7%
$420,100
—
2023
$5,438
16%
$420,100
63%
2022
$4,691
-6%
$258,400
—
2021
$5,002
3%
$258,400
—
2020
$4,855
—
$258,400
—
2019
$4,855
4%
$258,400
—
2018
$4,667
-1%
$258,400
—
2016
$4,729
—
$258,400
—
2015
$4,711
—
$258,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for E1501 Penny Ln
E1501 Penny Lane, Iola, WI 54945 (MLS# 50321019) is a Single Family property with 3 bedrooms and 3 full bathrooms. E1501 Penny Lane is currently listed for $647,000 and was received on February 12, 2026. Want to learn more about E1501 Penny Lane? Do you have questions about finding other Single Family real estate for sale in Iola? You can browse all Iola real estate or contact a Coldwell Banker agent to request more information.
