9 Beds
7 Baths
10.27 Acres Lot
9 Beds
7 Baths
10.27 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Village/Ninemile
MLS Listing ID 7074887
Bedrooms 9
Year Built 2020
Annual Tax Amount $7,527
Tax Year 2025
Contingent None
Lot Size 10.270 Acres
Lot Dimensions \"getting\"
Property Description
Due to active guest reservations and ongoing income-producing occupancy, showings for the rental cabins are by appointment only and subject to guest schedules. Buyers are encouraged to inquire regarding showing availability.
Designed with both privacy and gathering in mind, the property offers an ideal setup for multi-family retreats, co-ownership opportunities, executive rentals, corporate retreats, or continued luxury vacation rental operations. Each of the three existing structures features its own unique layout, architectural character, and design aesthetic while still flowing cohesively together as a thoughtfully curated compound. This intentional approach creates a luxury hospitality feel while maximizing flexibility for both personal enjoyment and income generation.
In addition to the two highly successful existing rental cabins, the owner's current private residence offers substantial future upside as a potential third luxury rental accommodation. Unlike many expansion opportunities that require years of planning and infrastructure costs, this structure is already completed, fully functional, and positioned for relatively seamless conversion into an additional income-producing asset if desired.
Future expansion opportunities are exceptionally rare in this area and include adjoining build-ready parcels already approved for commercial use. Existing conceptual plans allow for possibilities such as a restaurant/bar concept, boutique hotel suites, expanded lodging accommodations, or additional mixed-use development opportunities. Buyers may continue expanding the existing vision, create their own development concept, or potentially work with the current seller on future build completion opportunities if desired.
Adding to the long-term value, the property benefits from grandfathered short-term rental positioning — a highly desirable and increasingly limited asset in many North Shore-area markets. Investors seeking premium inventory in a constrained supply market will immediately recognize the significance of this opportunity and the difficulty in recreating a property of this scale, flexibility, and location today.
Surrounded by the breathtaking beauty of the Superior National Forest, the setting offers exceptional wildlife viewing, including moose sightings, endless outdoor recreation, and truly jaw-dropping sunset lake views that simply cannot be recreated. Nearby restaurants, trails, snowmobile access, hiking, boating, and proximity to the North Shore lifestyle continue to drive strong year-round tourism demand and guest appeal.
Constructed with luxury-grade materials, high-end craftsmanship, and timeless architectural design, the improvements were intentionally created to appeal to a broad luxury buyer profile while maintaining warmth, functionality, and durability. Major infrastructure components including septic systems, wells, and utility groundwork are already in place, significantly reducing future development costs and timelines. The additional lots are build-ready, creating immediate future upside without the typical development hurdles and infrastructure expenses.
Whether envisioned as a luxury investment property, private family compound, hospitality venture, boutique resort concept, or multi-generational legacy estate, this is an increasingly rare opportunity to control premium waterfront acreage with both immediate income generation and substantial future ups
Location
State MN
County Lake
Zoning Business/Commercial,Lot,Other,Shoreline,Residential-Single Family
Rooms
Family Room Amusement/Party Room, Club House, Community Room, Exercise Room, Other, Play Area
Basement Daylight/Lookout Windows, Egress Window(s), Finished, Full, Owner Access, Shared Access, Single Tenant Access, Storage Space, Tile Shower, Walkout
Kitchen Other
Interior
Heating Ductless Mini-Split, Fireplace(s), In-Floor Heating, Zoned
Cooling Ductless Mini-Split, Zoned
Flooring Carpet, Concrete Slab, Heavy Duty, Luxury Vinyl Plank, Luxury Vinyl Tile, See Remarks, Tile
Inclusions Building, Business, Fixture/Equipment, Inventory, Land, Other, Rental License
Fireplace No
Appliance Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Freezer, Fuel Tank - Rented, Microwave, Other, Range, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Washer, Wine Cooler
Exterior
Parking Features Assigned, Gravel, Electric, Floor Drain, Finished Garage, Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage, Multiple Garages, Other, Storage, Units Vary
Garage Spaces 4.0
Fence None
Pool None
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Waterfront Description Association Access,Dock,Lake Front,Lake View,Other,Shared
View Lake, Panoramic, West
Roof Type Age 8 Years or Less,Architectural Shingle,Pitched
Present Use Hotel/Motel,Other,Recreational,Residential,Resort
Road Frontage N
Building
Lot Description Additional Land Available, Accessible Shoreline, BWCA Access, Cleared, Irregular Lot, Property Adjoins Public Land, Tree Coverage - Heavy
Foundation 7146
Sewer Private Sewer, Septic System Compliant - Yes, Shared Septic
Water Drilled, Private, Shared System, Well
Structure Type Concrete,Frame
New Construction false
Schools
School District Lake Superior
Others
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Broker Associate | License ID: 40352569
1650 Madison Ave., Ste. 101, Mankato, Minnesota, 56001, USA