Reduced Condo Potential Beautiful Lakefront Property For Sale

Business description

This beautiful development investment opportunity is located on a lovely pristine lake. The owner wishes to sell as a resort property in which the new owner could build condos or homes.
The current owners have owned and operated this resort for over forty years. Amenities at this resort can include swimming in the lake or in their heated pool, boating, sailing, water skiing, fishing, hiking the many miles of well-maintained lakeside trails, huckleberry picking, mountain biking, picnicing, golfing or simply enjoying the serenity and splendor of the surroundings. The Lodge also provides a spacious dining room and lounge. The Restaurant and Lounge are open daily during the summer months and Friday through Sunday during the off season. They welcome seminars, business meetings, conventions, weddings and wedding receptions, family reunions, or other small group functions. Deluxe accommodations are available 365 days a year. Wintertime at the resort exerts its own magic. The many groomed trails for snowmobiles and cross country skiing open a whole new world for the experienced and novice alike. There are currently 14 buildings on the site that go with this listing.

Property information

Real Estate:

Real Property Included

Premises details:

There are 14 buildings totaling 29,000 sf. The propert includes docks and a seasonally heated pool. Approximately 560 ft. shoreline 3.75 acres on a 23,000 acre lake. Primarily owned by State & Forest Service. The Property is the heart of the sale. The owner highly reccommends building something new on the property.

Other information

Expansion potential:

A new owner could build condo's or homes on this property to sell or lease.

Competition / Market:

They offer lodge rooms with breathtaking views, lakeside suites and quaint cottages on the western shores of the most pristine lake in Northern Idaho. The lodge's dining room has long been recognized as one of the finest in the area

Support & training:

owner is available for transitioning

Reasons for selling:

Retirement

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Owner is willing to consider up 20% financing