Here’s a rare opportunity to purchase a successful resort operation located on the renowned Woman Lake Chain in northern Minnesota! Situated on the south shore of Girl Lake just outside of Longville, Pine Ridge Resort offers seven well maintained “up north” cabins, most of which sit only a few feet from the water’s edge. The chain, made up of the Woman, Girl and Child Lakes, give guests over 5500 acres to enjoy some of the area’s best fishing and water recreation. Walleye fishing is the most popular but Muskie, Large Mouth Bass, Northern Pike, Sunfish, Crappies and Perch are also abundant on this chain.
Cabins: Included are five-two bedroom cabins, and two-three bedroom cabins with knotty pine interiors for that “cabin in the woods” atmosphere; along with newer windows, updated bathrooms and whole house attic fans for added comfort. The largest 3-bedroom cabin is a year-round rental that can sleep up to fourteen people, has two baths, washer/dryer, and large deck over the lake. The sellers added an energy efficient and cost saving AC/Heat Pump to the existing LP furnace and gas fireplace. The cabins are in very good condition; the resort has high occupancy rates and tremendous repeat business, while there is room in the rate structure for increases.
Equip & Grounds: The property is comprised of two parcels totaling 2.26 acres and 650’ of lakeshore. The resort maintains its beautiful natural, rocky shoreline with easy access stairways to the 300’ of dockage and ramps for boats and a large swim platform with ladder leading to the sand bottom lake. Additional structures include a new 20’x 20’ laundry facility that doubles as storage for linens and other housekeeping items, a fish cleaning house with more attached storage, as well as another garage/workshop. Included is a good inventory of fishing boats/motors, a 21’ pontoon and 14-1/2’ Crestliner with 4-stroke motors, as well as kayaks, canoe, paddleboat, swim raft, generator, large air compressor and much more.
The owners of this fine resort have done extension work on the infrastructure over the 20 years they’ve owned it, including an updated well and septic system, underground electric service with generator back-up wiring installed, and a water softener/filtration system that serves both resort and owner’s home.
Owner’s Home: Very nicely updated 2220 sq. ft. home/office and garage addition was built in 1998 with three bedrooms, 1 full bath and ¾ bath/laundry room near the resort office. Good layout and spacious Great Room with kitchen, dining and living area overlooking Girl Lake and a two-car tuck under garage with workshop above. Two mini-split AC units cool the home; there’s also off- peak hot water and dual fuel heating using electric and LP hot water baseboard, and a freestanding gas fireplace in the living area.
Listed for $1,100,000. The sellers are giving a qualified buyer ample time to secure financing with a 2013 closing and some seller financing with $300,000 down. Visit their website at: www.pineridgeresort.com for photos and more information.
Shown by appointment only. Contact Su Ugstad at 218-259-5701