$2,600,000
MLS# 7074887
9 beds | 7 baths

1 / 31
Property Description
A rare opportunity to acquire a proven luxury short-term rental and legacy lakefront estate positioned in one of Northern Minnesota’s most desirable recreation markets near the North Shore and Lutsen. Following an exceptional 2026 winter season driven by snowmobile tourism and year-round destination demand, the property is already over 70% booked for the remainder of the 2026 calendar year across the existing rental cabins — showcasing the strength of the area’s tourism market and the increasing demand for luxury lodging inventory in this region. 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
Details
Documents
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Current Price: $2,600,000
Contingency: None
ListPrice: 2600000
List Date: 2026-05-15
Office/Member Info
Association: SPAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 10
Owner Occupied: Yes
Road Btwn WF & Home?: No
Waterfront Frontage: 1800
Waterfront YN: Yes
Year Built: 2020
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Lot, Other, Shoreline, Reside
Lot Dimensions: "getting"
Acres: 10.27
Lake/Waterfront Name: Ninemile
Foundation Size: 7146
Garage Stalls: 4
For Sale or Lease: For Sale
Assessment Pending: No
Bedrooms: 9
Baths Total: 7
Location, Tax and Other Information
Legal Description: LOT 1 BLOCK 6 and additional PID's
Listing City: Finland
Map Page: 999
Municipality: Finland
School District: Lake Superior
School District Phone: 218-834-8216
DNR Lake ID#: 38003300
DNR Lake Classification: Recreational Development
Zip Plus 4: 5463
Property ID Number: 24571105010
Tax Year: 2025
Tax Amount: 7527
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: A rare opportunity to acquire a proven luxury short-term rental and legacy lakefront estate positioned in one of Northern Minnesota’s most desirable recreation markets near the North Shore and Lutsen. Following an exceptional 2026 winter season driven by snowmobile tourism and year-round destination demand, the property is already over 70% booked for the remainder of the 2026 calendar year across the existing rental cabins — showcasing the strength of the area’s tourism market and the increasing demand for luxury lodging inventory in this region.
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
Directions: Hwy 61: left on Hwy 1 W, right turn onto county Hwy 7, left on Village Drive, properties throughout.
Accessible
Other: 1
Air Conditioning
Ductless: 1
Zoned: 1
Amenities Shared
Beach: 1
Boat Slip: 1
Unspecified: 1
Other: 1
Amenities Unit
Balcony: 1
Boat Slip: 1
Ceiling Fan(s): 1
Deck: 1
Dock: 1
Kitchen Center Island: 1
Kitchen Window: 1
Natural Woodwork: 1
Paneled Doors: 1
Panoramic View: 1
Patio: 1
Porch: 1
Security Lights: 1
Tile Floors: 1
Unspecified: 1
Vaulted Ceiling(s): 1
Walk-In Closet: 1
Washer/Dryer Hookup: 1
Other: 1
Appliances
Dishwasher: 1
Dryer: 1
Energy Star Appliances: 1
Freezer: 1
Fuel Tank - Rented: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Wine Cooler: 1
Other: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 7527
Assumable Loan
Not Assumable: 1
Basement
Egress Windows: 1
Full: 1
Owner Access: 1
Shared Access: 1
Single Tenant Access: 1
Storage Space: 1
Tile Shower: 1
Building Information
Building Finished SqFt: 7146
Ceiling Height: Varied Heights
Construction Materials
Concrete: 1
Frame: 1
Construction Status
Previously Owned: 1
Elevation Highpoint to Waterfront Feet
Elevation Highpoint Waterfront Feet: 0-4
Elevation Highpoint to Waterfront Slope
Level: 1
Exterior
Brick/Stone: 1
Cement Board: 1
Engineered Wood: 1
Fencing
None: 1
Flooring
Carpet: 1
Concrete Slab: 1
Heavy Duty: 1
Luxury Vinyl Plank: 1
Luxury Vinyl Tile: 1
Other/See Remarks: 1
Tile: 1
Foundation
Combination: 1
Slab: 1
Other: 1
Fuel
Electric: 1
Propane: 1
Green Energy Efficient
Appliances: 1
Construction: 1
Doors: 1
Insulation: 1
Lighting: 1
Roof: 1
Thermostat: 1
Water Heater: 1
Windows: 1
Green Water Conservation
Efficient Hot Water Distribution: 1
Heating
In-Floor Heating: 1
Zoned: 1
Lake Details
Gravel: 1
Hard: 1
Lake Acres: 296
Lake Depth: 40
Sand: 1
Soft: 1
Undeveloped: 1
Lease Details
Land Leased: Not Applicable
Lot Description
Accessible Shoreline: 1
Additional Land Available: 1
BWCA Access: 1
Cleared: 1
Irregular Lot: 1
Property Adjoins Public Land: 1
Tree Coverage - Heavy: 1
Miscellaneous Information
2+ Lavatories: 1
220 Volt: 1
Exterior Lighting: 1
Furnished Units: 1
Homestead: No
Kitchen Facilities: 1
Owner Pays
Electricity: 1
Management: 1
Other: 1
See Remarks: 1
Taxes: 1
Ownership
Fractional Ownership: No
Parking Characteristics
Finished Garage: 1
Multiple Garages: 1
Assigned: 1
Floor Drain: 1
Garage Door Opener: 1
Gravel Lot: 1
Heated Garage: 1
Insulated Garage: 1
Storage: 1
Units Vary: 1
Other: 1
Patio, Porch and Deck Features
Composite Decking: 1
Covered: 1
Deck: 1
Enclosed: 1
Front Porch: 1
Patio: 1
Porch: 1
Rear Porch: 1
Side Porch: 1
Wrap Around: 1
Pool Description
None: 1
Public Survey Info
Range#: 06
Section#: 27
Township#: 59
Rental License Type
Airbnb: 1
Short-Term Online Rental Mgmt (STORM): 1
Road Frontage
Private Road: 1
State Road: 1
Road Responsibility
Association Maintained Road: 1
Public Maintained Road: 1
Roof
Age 8 Years or Less: 1
Architectural Shingle: 1
Pitched: 1
Sale Options
Sale Includes: Building, Business, Fixture/Equipment, Inventory, Land, Other, Rental License
Sewer
Private Sewer: 1
Septic System Compliant - Yes: 1
Shared System: 1
Shared Rooms
Amusement/Party Room: 1
Club House: 1
Community Room: 1
Exercise Room: 1
Play Area: 1
Other: 1
Topography
Scattered Timber: 1
Wooded: 1
Level: 1
Walkout: 1
Unit 1
Leased?: No
Level: Main Level
Unit Number: 6794
Full Baths: 2
Total Bathrooms: 2
Total Bedrooms: 3
Unit Details
Total Units: 10
Wall Description
Drywall: 1
Finished: 1
Insulated: 1
Other/See Remarks: 1
Wood: 1
Water
Drilled: 1
Private: 1
Shared System: 1
Well: 1
Waterfront View
Lake: 1
Panoramic: 1
West: 1
Window Features
Blinds: 1
Double Pane Windows: 1
ENERGY STAR Qualified Windows: 1
Insulated Windows: 1
Screens: 1
Shutters: 1
Window Coverings: 1
Window Treatments: 1
No. of Ranges
One Per Unit: 1
No. of Refrigerators
One Per Unit: 1
Tenant Pays
Other: 1
See Remarks: 1
Unit 2
Leased?: No
Level: Main Level
No. of 2 Bedroom Units: 4
Unit Number: 6785
Full Baths: 2
Total Bathrooms: 2
Total Bedrooms: 2
Unit 3
Leased?: No
Level: Main Level
No. of 3 Bedroom Units: 3
Unit Number: 6792
Full Baths: 2
Half Baths: 1
Total Bathrooms: 3
Total Bedrooms: 4
Unit Total SqFt: 3011
On Site Utilities
Electric Separate: 1
Heating Separate: 1
Hot Water Separate: 1
CMU Style
Business Opportunity: 1
Mixed Use: 1
Other: 1
Resort: 1
Commercial Kitchen Appliances
Other: 1
Current Use
Hotel/Motel: 1
Other: 1
Recreational: 1
Residential: 1
Resort: 1
Loan Terms
Adj. Rate/Gr Payment: 1
Cash: 1
Contract for Deed: 1
Conventional: 1
Federal Land Bank: 1
Rural Development: 1
Special Funding: 1
USDA: 1
VA: 1
Other: 1
Rent Rate per Foot
Net: 1
Other: 1
Location Tax and Other Information
Postal City: Finland
County: Lake
State: MN
Zip Code: 55603
Complex/Dev/Subdivision: Village/Ninemile
Property Features
Accessible: Other
Air Conditioning: Ductless; Zoned
Amenities Shared: Beach; Boat Slip; Unspecified; Other
Amenities Unit: Balcony; Boat Slip; Ceiling Fan(s); Deck; Dock; Kitchen Center Island; Kitchen Window; Natural Woodwork; Paneled Doors; Panoramic View; Patio; Porch; Security Lights; Tile Floors; Unspecified; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup; Other
Appliances: Dishwasher; Dryer; Energy Star Appliances; Freezer; Fuel Tank - Rented; Microwave; Range; Refrigerator; Washer; Wine Cooler; Other
Assumable Loan: Not Assumable
Basement: Egress Windows; Full; Owner Access; Shared Access; Single Tenant Access; Storage Space; Tile Shower
CMU Style: Business Opportunity; Mixed Use; Other; Resort
Commercial Kitchen Appliances: Other
Construction Materials: Concrete; Frame
Construction Status: Previously Owned
Current Use: Hotel/Motel; Other; Recreational; Residential; Resort
Elevation Highpoint to Waterfront Slope: Level
Exterior: Brick/Stone; Cement Board; Engineered Wood
Fencing: None
Flooring: Carpet; Concrete Slab; Heavy Duty; Luxury Vinyl Plank; Luxury Vinyl Tile; Other/See Remarks; Tile
Foundation: Combination; Slab; Other
Fuel: Electric; Propane
Green Energy Efficient: Appliances; Construction; Doors; Insulation; Lighting; Thermostat; Water Heater; Windows
Green Water Conservation: Efficient Hot Water Distribution
Heating: In-Floor Heating; Zoned
Lake Details: Gravel; Hard; Sand; Soft; Undeveloped
Loan Terms: Adj. Rate/Gr Payment; Cash; Contract for Deed; Conventional; Federal Land Bank; Rural Development; Special Funding; USDA; VA; Other
Lot Description: Accessible Shoreline; Additional Land Available; BWCA Access; Cleared; Irregular Lot; Property Adjoins Public Land; Tree Coverage - Heavy
Miscellaneous Information: 2+ Lavatories; 220 Volt; Exterior Lighting; Furnished Units; Kitchen Facilities
On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate
Owner Pays: Electricity; Management; Other; See Remarks; Taxes
Parking Characteristics: Finished Garage; Multiple Garages; Assigned; Floor Drain; Garage Door Opener; Gravel Lot; Heated Garage; Insulated Garage; Storage; Units Vary; Other
Pool Description: None
Rent Rate per Foot: Net; Other
Rental License Type: Airbnb; Short-Term Online Rental Mgmt (STORM)
Road Frontage: Private Road; State Road
Road Responsibility: Association Maintained Road; Public Maintained Road
Roof: Age 8 Years or Less; Architectural Shingle; Pitched
Sewer: Private Sewer; Septic System Compliant - Yes; Shared System
Shared Rooms: Amusement/Party Room; Club House; Community Room; Exercise Room; Play Area; Other
Tenant Pays: See Remarks; Other
Topography: Scattered Timber; Wooded; Level; Walkout
Wall Description: Drywall; Finished; Insulated; Other/See Remarks; Wood
Water: Drilled; Private; Shared System; Well
Waterfront View: Lake; Panoramic; West
Window Features: Blinds; Double Pane Windows; ENERGY STAR Qualified Windows; Insulated Windows; Screens; Shutters; Window Coverings; Window Treatments
Supplements
future ups
Listing Office: Keller Williams Classic Realty
Last Updated: May - 15 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

NINEMILE LODGE & VILLAS BOOKLET.pdf