Sold: Lynden Twp MLS# 6457029
Sold
$890,000 (list price)
$855,000
Commercial: Resort
Built 1948
2.11 acres
Annandale schools
MLS# 6457029
Ask Ryan:
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
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
Listing Status:
Sold
Contingency:
None
List Price:
$890,000
Sold Price:
$855,000
Sold Date:
05/30/2024
Property Type:
Commercial
City:
Lynden Twp
Garage Spaces:
2
County:
Stearns
Year Built:
1948
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:
45.3289336566, -94.1168532982
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
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.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
Month | Principal | Interest | P&I | Balance |
---|---|---|---|---|
Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.