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Active
$2,495,000
/mo Edit
Commercial:  Resort
Built 1920
30 acres
St. Louis County schools
MLS# 6447071
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    Property Description

    This unique destination resort, Pike Bay Lodge, is open year-round, has 30 gorgeous acres with 500+ feet of shoreline, and offers a wide variety of lodging accommodations for guests to choose from. The main house was built in 1920 as a summer estate for industrialist A.B. Coates and his family, followed by the log caretaker's cottage, butler's bungalow, chauffeur's quarters and vintage boathouse. The resort offers multiple amenities and activities for guests to enjoy including hunting, fishing, clean fish house, safe sand beach, on-site boat launch with ample parking, free docking for boats, power stations on docks for charging, gas, wifi, covered boathouse slips, access to snowmobile trails in the winter and much more. There are also about ±21.4 acres of development land included in the sale for additional units, tiny homes, glamping, RV sites, amenities, etc.

    Listing

    Contingency: None
    City: Tower
    County: St. Louis
    State: MN
    Property Style: Resort
    Zip Code: 55790

    Exterior

    Garage Spaces: 10
    Other Parking Spaces: 10
    Foundation Size: 10,000 ft2
    Handicap Accessible: Other
    Heating System: Boiler
    Parking Features: Detached
    Exterior Material: Other

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Vermilion
    DNR Lake ID#: 69037800
    Lake Chain Name: N
    Lake Acres: 39272
    Lake Depth: 76
    Waterfront: Lake Front

    Lot & Land

    Acres: 30
    Geolocation: 47.79786974, -92.35556805
    Inclusions: Building, Business Assets, Business, Fixture/Equipment, Inventory, Land
    Lot Dimensions: 0
    Addl Parcels: 560007100030, 560001000482
    Zoning: Business/Commercial

    Schools

    School District: 2142
    District Phone: 218-749-8130

    Financial & Taxes

    Tax Year: 2022
    Annual Taxes: $8,012
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,012

    Units

    Total Units: 11

    Miscellaneous

    Current Use: Resort
    Fuel System: Propane
    Owner Occupied: Yes
    Sewer System: Holding Tank
    Available Utilities: Electric Separate
    Water System: Well

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Northco Real Estate Services.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.