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Active Contingent
$890,000
/mo Edit
Commercial:  Resort
Built 1948
2.11 acres
Annandale schools
MLS# 6457029
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    Property Description

    Escape to the lake! Maple Hill Resort is the perfect opportunity as a combination investment, residential and lifestyle property. You will enjoy approximately 700 feet of waterfront and could live in one of the five rental units or the manager's quarters. One of the units is a four bedroom lakefront home! The resort has received numerous upgrades over the years and is super clean! It has been managed remotely and has been offering weekly rentals in the summer and monthly rentals in the off season. Bring your creative marketing and management to this property to take advantage of the ideal location just 45 minutes from the Twin Cities. The resort's private boat launch onto Clearwater Lake allows for many additional creative income opportunities. This is commercial property, so you will need 20% down and outside income in addition to the resort's income. Buyer's must be qualified before inspecting the property.

    Listing

    Contingency: Sale of Another Property
    City: Lynden Twp
    County: Stearns
    State: MN
    Property Style: Resort
    Zip Code: 55382

    Exterior

    Garage Spaces: 2
    Garage Dimensions: 27x37
    Garage Size: 1,000 ft2
    Other Parking Spaces: 12
    Foundation Size: 7,074 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Detached
    • Gravel
    • Open
    Exterior Material: Vinyl Siding

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Clearwater
    Waterfront View: Lake, River
    DNR Lake ID#: 86025200
    WF Frontage: 700
    Elev Highpt to WF feet: 4-10
    Waterfront Slope: Gradual
    Lake Chain Name: N
    Lake Acres: 3186
    Lake Depth: 73
    Waterfront:
    • Channel Shore
    • Lake Front
    • River Front
    Lake Bottom:
    • Gravel
    • Hard
    • Sand
    • Weeds

    Lot & Land

    Acres: 2.11
    Geolocation: 45.32893366, -94.11685330
    Inclusions: Building, Business Assets, Business, Fixture/Equipment, Land
    Lot Dimensions: Irregular
    Addl Parcels: 19104570000, 19104560000
    Zoning: Other

    Schools

    School District: 876
    District Phone: 320-274-5602

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $6,341
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $9,962

    Units

    Total Units: 5

    Miscellaneous

    Current Use:
    • Recreational
    • Residential
    • Resort
    Fuel System:
    • Electric
    • Propane
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    Water System: Private

    Mortgage Calculator

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    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!

    Apply Online     Home Purchase Qualifier     Refinance Rate Checker    

    Listing provided by RMLS, courtesy of Lake Country Resort Sales, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.