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E1501 PENNY Iola, WI 54945

$695,000
3 Beds  |  3 Baths  |  2,300 Square Feet  |  1.5 Story   |   MLS # 50316191

Description

Escape to this inviting Graham Lake home with frontage and a dock on peaceful Leer Creek. Nestled on 7+ acres at the end of a quiet cul-de-sac, it’s the perfect blend of privacy and comfort. The spacious primary suite offers its own deck, a cozy sitting/closet area, and water views from every window. A large formal living room with wood-burning fireplace is ideal for gatherings, while the bright kitchen with two islands makes cooking and entertaining easy. Step outside to the expansive deck with hot tub and enjoy the surrounding natural beauty. With laundry on both main and lower levels, everyday living is a breeze. Don't miss the outside "bath house" after your dip in the lake! This home offers room to spread out, relax, and create lasting memories—a true retreat on the water.

Property Details

General

Bedrooms: 3

Bathrooms: 3 full / 0 half

Square Feet: 2,300

Tax Amount: $6,473

Architecture: Bungalow

Style of Home: 1.5 Story

Property Type: Single Family Residence

County: Waupaca

Zoning: Residential

Interior

Total Square Feet: 2,300

Sq. Ft. Above Grade: 2,300

Sq. Ft. Below Grade: 0

Fireplaces:

  • One
  • Wood Burning

Appliance Inclusions:

  • Dishwasher
  • Dryer
  • Microwave
  • Gas Oven
  • Range
  • Refrigerator
  • Washer

Basement / Lower Level:

  • Crawl Space
  • Partial

Misc. Inclusions:

  • At Least 1 Bathtub
  • Breakfast Bar
  • Hi-speed Internet Availbl
  • Hot Tub
  • Kitchen Island
  • Sauna
  • Split Bedroom
  • Walk-in Closet(s)
  • Walk-in Shower
  • Water Softener-own

Water Source: Well

Water Type: Lake

Waste: Conventional Septic

Heating/Cooling:

  • Forced Air
  • Varies By Unit
  • Window Unit(s)

Heating Fuel: Lp Gas

Main Level

# Full Baths: 2

Family Room: 13 x 14

Kitchen: 16 x 14

Dining Room: 15 x 10

Bedroom #2: 13 x 10

Bedroom #3: 13 x 10

Mud Room: 8 x 10

3 Season Rm: 28 x 7

Upper Level

# Full Baths: 1

Bedroom #1: 16 x 20

Lot / Exterior

Lot Description:

  • Cul-de-sac
  • Rural - Subdivision

# Acres: 7.55

Water Frontage?: Yes

Name of Water Body: Graham Lake

Foundation: Block

Barrier Free Features:

  • 1st Floor Bedroom
  • 1st Floor Full Bath
  • Elevator
  • Laundry 1st Floor
  • Level Drive
  • Level Lot
  • Open Floor Plan

Driveway:

  • Garage # 1-unpaved
  • Garage # 2-none

Water Features:

  • Creek / Stream
  • Dock / Pier
  • No Wake Lake

Home Exterior: Vinyl Siding

Garage/Parking/Driveway:

  • Detached
  • Garage Door Opener

Garage Size: 22x20

Garage #1: 2 Car spaces

Schools

School District: Iola-Scandinavia

Elementary School: Iola/Scandinavia

Middle School: Iola

High School: Iola

Listing Broker

RE/MAX Lyons Real Estate

Directions & Map

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


Listed By: RE/MAX Lyons Real Estate

This listing was last updated by RE/MAX Lyons Real Estate on October 14, 2025, 10:01 am.
Listing has been on the market for 13 days, since October 3, 2025.

This information, provided by seller, listing broker, and other parties, may not have been verified.

Information received from other 3rd parties: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Paragon Real Estate Group nor RANW MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Copyright 2025 RANW MLS. All rights reserved. RANW MLS records were last updated on 10/16/2025 4:15 pm.

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