$2,600,000
$2,600,000
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9.5 Acres Lot
SOLD DATE : 05/20/2022
Key Details
Sold Price $2,600,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Lost Acres T Of Kabetogama
MLS Listing ID 6135460
Sold Date 05/20/22
Year Built 1950
Annual Tax Amount $11,734
Tax Year 2020
Contingent None
Lot Size 9.500 Acres
Acres 9.5
Lot Dimensions irregular - see plat
Property Description
Sandy Point Lodge - Located on a beautiful secluded peninsula on one of Minnesota's finest lake-and its only National Park-you won't want to miss this opportunity! The current owners have created a unique destination resort with a great combination of five lodge rooms and twelve fully furnished cabins. The lake level property with 1776 feet of frontage allows all the cabins to have a great view and are graciously spaced.
The marina and separate docks offer plenty of space for or guests AND visitors. The marina provides gas service, electrical plug-ins and many different types of boat rentals for guests and visitors. The boats are all included in the purchase price too!
The hidden gem of this property is the Lodge. Built in 1997, this building has five lodge rooms and a fully furnished kitchen and dining room. Because of COVID, the current owners have not operated the restaurant the past two years. The valuation and pricing DO NOT include this past substantial income.
Location
State MN
County St. Louis
Zoning Business/Commercial,Other
Body of Water Kabetogama
Rooms
Basement Crawl Space, Full, Partially Finished
Kitchen Cookware/Utensils, Refrigerator, Shelving and Racks, Walk-In Cooler/Freezer, Warming Table, Other, Dishwasher, Flat Top, Freezer, Fryer, Grill, Ice Machine, Oven
Interior
Heating Baseboard, Forced Air, Fireplace(s)
Cooling Central Air, Ductless Mini-Split, Window Unit(s)
Fireplace No
Appliance Cooktop, Dishwasher, Dryer, Microwave, Range, Refrigerator, Wall Oven, Washer
Exterior
Garage Detached, Gravel, Insulated Garage
Garage Spaces 12.0
Utilities Available Electric Common, Heating Common
Waterfront true
Waterfront Description Lake Front
View See Remarks
Roof Type Asphalt
Present Use Hotel/Motel,Residential,Resort
Parking Type Detached, Gravel, Insulated Garage
Building
Lot Description Corner Lot, Irregular Lot, Island/Peninsula, Property Adjoins Public Land, Tree Coverage - Medium
Foundation 18023
Sewer Private Sewer, Septic System Compliant - Yes
Water Well
Structure Type Wood Siding
Schools
School District St. Louis County
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