Discover the space and potential of Northwoods country living with this 40-acre property just outside Phillips, Wisconsin. Offering a blend of open land, natural beauty, and rural charm, this property features approximately 20 acres of tillable ground with the scenic Little Elk River winding through the acreage, creating an ideal setting for hobby farming, recreation, wildlife viewing, or simply enjoying the peaceful surroundings. Mature plum trees add to the property's character and seasonal appeal. The 3-bedroom, 1-bath farmhouse offers approximately 1,410 square feet of living space and has seen several important updates, including a remodeled main level with new kitchen cabinets, updated flooring, a refreshed bathroom, new circuit breaker panels, and a new pressure tank. While many improvements have already been completed, there's still an opportunity for the next owner to add their own finishing touches and continue building equity over time. Outside, the existing cow barn provides useful storage and flexibility for livestock, equipment, hobbies, or future agricultural use. Whether you're looking for a country home, a hobby farm, hunting basecamp, or a property with room to roam, this one offers a rare combination of acreage, productive land, river frontage, and convenient access to Phillips, area lakes, ATV/UTV routes, and endless Northwoods recreation. Bring your ideas and enjoy the privacy, space, and possibilities this Price County property has to offer.