2001 A&B Bayview Drive
Greenwood Twp, MN 55790
Price: $1,400,000
Do you believe in miracles? You could be the owner/operator of this quaint MA and PA resort on beautiful Lake Vermilion! In Minnesota’s Arrowhead, Lake Vermilion is a destination of choice for many, for its notorious walleye and muskie fishing, proximity to Canadian border and outright recreational wonderland.
‘Roy’s Last Resort’ features three lakeside cabins, four rental RV sites and a very nice ranch-style main living quarters that overlooks it ALL. This is a place where you can enjoy BEAUTIFUL sunsets over the lake all year round while hosting guests, family or friends in the common area for Fish Fry’s or relaxing fires!
The three cabins: Fireside, Northern Lights, and Lakeview, are all unique with their own special charm, but have large sitting decks and fantastic views of the lake for guests to unwind and admire.
The sale includes everything needed to start up on day one like multiple docks for boat parking and rentals, many necessary maintenance items and so much more!
There is a HUGE garage/repair shop for all your maintenance and storage, not to mention ROOM TO GROW! Yes, there are multiple spots to build cabins, RV spots, etc.! Opportunities like this are far and few in between. SCHEDULE YOUR TOUR TODAY!
Financials are available to qualified buyers. Bookings are currently handled by VRBO, Airbnb and several others.
Basic Features:
| Style |
Resort |
| Type |
Commercial Sale |
| Zoning |
Business/Commercial |
| Year Built |
1952 |
| School District |
St. Louis County |
| County |
St. Louis |
| Lot Size |
466x300 |
| Acreage |
3.20 acres |
| Lot Description |
Many Trees |
| Number of Units |
3 |
| Lake Name |
Vermilion |
| Lake Depth |
76 ft |
| Tax $ / Year |
$8,459 / 2025 |
| Tax ID |
|
| Legal Description |
|
Includes:
Electric Water Heater,Gas Water Heater,Microwave,Range,Refrigerator,Building,Business Assets,Business,Fixture/Equipment,Inventory,Land
Additional Features
| Government Programs |
|
| Section |
16 |
| Terrain Type |
|
| Roads |
Private Road |
| Basement |
None |
| Driveway |
|
| Exterior Features |
Vinyl Siding,Wood Siding |
| Foundation |
1568.00 |
| Fuel Source |
Electric,Propane |
| Handicap Access |
Partially Wheelchair |
| Heating |
Baseboard,Fireplace(s),Space Heater |
| Sewer Service |
Septic System Compliant - Yes |
| Water Service |
Drilled,Private,Well |
| Water Heater |
|
| Parking Lot |
Asphalt,Heated Garage,Units Vary |
| Exterior Construction |
|
| Utilities |
Electric Common,Heating Common,Hot Water Separate |
| Laundry |
N |
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Coldwell Banker Nybo & Associates are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
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