Timber Wolff Realty LLC - 22518 Lake Superior Poplar River Condo Awaits You For Summer Fun!

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		22518 Lake Superior Poplar River Condo Awaits You For Summer Fun! September 06, 2010 \| 07:00 AM US Central

TimberWolffRealty.com - 22518 Lake Superior Poplar River Condo Awaits You For Summer Fun!

Lutsen, MN
(218) 663-8777
(877) 664-8777

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PRICE REDUCTION Lake Superior Poplar River Condo Awaits You For Summer Fun!

Listing Number: 22518 | Priced at $485,000.00

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Listing Details

Hi I'm Linda Garrity please call or email me for more info

Linda Garrity
877-664-8777
Linda@timberwolffrealty.com

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Listing Number: 22518
Priced at $485,000.00
The Condo has three units with a common entry, referred to as lock outs. This set up allows for increased rental revenue by allowing two one bedroom units to be rented in the event no one wants to rent the entire three bedroom Condo. Each of the three units has a nice gas fireplace. The Condo is the lower level of building, but is located on a nice high ridge affording spectacular views of Lake Superior from every room, and each of the three units has a private walk out patio. The main lockout has a master bedroom with two person hot tub in the bedroom area, as well as a private master bath with shower. There is a gas fireplace in the living/family room area which opens to a dining area overlooking Lake Superior. The kitchen is a modified galley with plenty of cabinet space and counter/bar area for informal eating. Each of the luxury one bedroom one bath units (lockouts) has a mini-bar with sink, refrigerator, microwave, and TV/VCR. There is a management agreement with Lutsen Resort which allows for carefree living at the Condo. The owner receives 50% of gross rental revenue and the remaining 50% is retained by Lutsen Resort to cover costs associated with generating rentals including marketing, reservations, administration, accounting, housekeeping, laundry and operating supplies and other services. The owner's are also able to charge amenities to their Condo, so that if they enjoy dinner at the resort, it can be charged to their unit and reflected in the monthly billing summary. The Resort has many amenities to offer the owners such as full access to all Lutsen Resort grounds, including use of the historic lodge lobby with stone fireplace. There is also a heated pool, whirlpool and sauna as well as complimentary Par 3 golf course, shuffle board course, and game room. A very nice aspect of the Poplar River Ridge Condo is a private path leading to a sheltered cobblestone beach on Lake Superior (different than the beach in front of the main lodge). This beach is enclosed by a wall of ledgerock...your own private piece of the Lake!!

All this on a Shared twenty acres and tons of private Lake Superior Beach!!

For more information, view this property listing's web site [ Click Here ]

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DETAILS

• City: Lutsen
• Age: 4 years
• Square Feet: almost 2000
• Water Frontage: Lake Superior
• View: Lake Superior
• No. Of Bedrooms: 3
• No. Of Bathrooms: 3
• Fireplace: 3
• Electric Service: Yes
• Well: Yes
• Septic: Yes
• Deck: Three!!
• Acreage: 20+
• Property Taxes $2,208.00

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