Positioned within the city limits of Eagle River, this well-maintained contemporary home offers a rare blend of comfortable residential living and business-minded convenience. Featuring 4 bedrooms and 2.5 bathrooms, this property is ideal for a growing family, while also presenting a smart opportunity for an owner-occupant seeking close proximity to a future business location. Inside, the raised living room creates a warm and inviting focal point with abundant windows and a gas fireplace. A den, formal dining room, and updated kitchen with cherry cabinetry and a spacious island with seating make the layout both functional and well-suited for entertaining. There’s an attached 2-car garage, with additional lean-to storage, leading directly into a practical mud room. Upstairs, you will find three guest bedrooms, with one currently serving as an oversized walk-in closet, along with a guest bathroom. The primary suite includes a private bath and walk-in closet. An upper-level addition completed around 2000 adds exceptional flexibility, offering a large open multi-purpose room with laundry area, hot tub, and ample space for hobbies, recreation, or storage. Downstairs, the finished basement includes a family room with fireplace, sauna, utility room, and additional storage. This property has been well cared for over the years, with updates that include the roof, boiler, and circuit board. Connected to city utilities and conveniently located near shopping, schools, and local amenities, the setting adds even more appeal. What truly sets this property apart is its adjacency to a commercial lot on Highway 45, creating a unique live-work possibility in Eagle River. For buyers considering a small business venture, this location offers the uncommon advantage of living directly behind your office or storefront. That is not just convenient, that is cutting the commute down to a light stroll and a cup of coffee.