Big Lake Wilderness Retreats

Big Lake Wilderness Retreats
Rental Income Producing Properties

Located on Big Lake, approximately 23 miles north of Ely, off of the Echo Trail, a scenic and beautiful road the meanders it's way through a corridor in the Boundary Waters Canoe Area Wilderness. Big Lake Wilderness Retreats is a 21 acre resort which has been converted into a Common Interest Community. A plan authorized by the State of Minnesota and the local area planning and zoning boards to simply restructure the ownership of the resort. The CIC allows private investors to purchase a cabin or parcel of land, join the CIC's governing association that operates the resort, and earn income on the investment by participating in the resorts' rental pool. There are a total of 24 units; 7 lakeside cabins, 5 back lot cabins, 7 vacant lake lots, and 4 vacant back lots. The main lodge is used for the maintenance and upkeep of the resort and to accommodate the guests. All of the units come with a deeded dock space and access to the amenities such as the sauna, fish cleaning house and laundry facility. Each unit will have an additional undivided interest in +-115 feet of shoreline and 10 acres of common space that is available for everyone to enjoy. Big Lake Wilderness Lodge is the most remote drive-in lodge in northeastern Minnesota. Big Lake is one of the DNR's top-rated walleye lakes in the state. There are many places to fish on this 1,800 acre lake, and you won't find it overcrowded, with over 15 miles of shoreline (75% of that being federally owned), and the numerous islands, points and bays. The DNR stocked this Boundary Waters lake with 1.5 million walleyes in 2001 and 2004. Call for details!

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While all information and figures are believed to be reliable,
the providing broker cannot guarantee their accuracy.

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