Forest Lane Resort (SOLD)
Location: Lake Vermilion
One of the best known lakes in Minnesota anchors this resort into a strong future growth pattern. Vermilion Lake fishes strong, has excellent on-lake dining, and boasts over 40,000 acres and 345 Islands. This lake has customers that stay and play. The location on this awesome lake is another strong anchor and of the course the resorts solid 5 acres of level and high ground creates the old adage, location, location, location. Want more? Additional 3.3 acres available.
There are currently 7 updated clean cabins and 3 RV sites that stay booked during the traditional summer months. This is a seasonal resort that can provide a nice income to someone that wants to work summers and take winters off. Additional out buildings include a nice maintenance building, fish house and motor house. Current St. Louis County and planning would allow rebuilding the cabins or adding cabins on. All of the buildings are currently in good condition with very clean modern interiors.
Owner’s home is awesome and it is a 3 bedroom with 3 bathrooms in a variety of sizes. The living room is open and has a nice north woods theme. Fireplace and a lounge area create a living space to get comfy in. Kitchen is modern and ready for a family or a couple that is thinking about living the dream. Traditional guest check in lobby is attached and walks out to the lake.
Beautiful sandy beach area with a level grassy area pleases all of your future customers. The kids love it and moms enjoy the safe wading area and easy access from the cabins.
Nice combination of updated and modern rental boats, motors, and a pontoon top of the income streams for this perfect sized modern resort.