Finland, MN 55603
Price: $2,500,000
Luxury Boutique Resort | Short-Term Rentals | Build-Ready Lots | Commercial Expansion | Condo-Platted Flexibility GRANDFATHERED IN FOR SHORT TERM RENTAL USE- VERY RARE OPPORTUNITY!! 2025 HAS OUTSTANDING OCCUPANCY FOR PROPERTIES THAT ARE USED FOR STR! Discover a truly unique opportunity to own a turn-key lakeside resort development nestled on the pristine shores of Ninemile Lake in the heart of Finland, MN — where luxury meets adventure in the Superior National Forest. This fully condo-platted development offers unmatched flexibility: operate as a high-end resort, sell units individually, or create a hybrid investment with both short-term rentals and build-to-sell options. Whether you're an investor, developer, or visionary owner-operator, this property is designed to grow with your goals. 3 Stunning Existing Homes With Unmatched Craftsmanship & Timeless Design Crafted between 2015–2022 with exceptional quality and unique luxury layouts Two homes operating as successful short-term rentals. One private residence, ideal for co-ownership or additional rental income. Expansive shared and private spaces, perfect for hosting families or groups. Breathtaking lake views and unforgettable sunsets 6 Build-Ready Lots. Condo-platted and primed for construction. Shared septic and well infrastructure already in place, dramatically reduced upfront costs for future builds. Bring your own builder or partner with the original builder/developer. Plus an additional Commercial Development Opportunity Double-sized lot approved for a bar/restaurant and motel. Ideal for a clubhouse, event center, boutique hotel, or fitness center. Pre-drafted architectural plans available A Smart Investment with Multiple Paths to Profit. Operate a year-round luxury resort or Sell off individual homes and lots. Hold as a long-term STR portfolio with high demand in all seasons. Create a corporate retreat or co-ownership destination. Why Ninemile Lake? Located in a year-round adventure haven with boating, fishing, hiking, snowmobiling, skiing & more. Just minutes from the best of the North Shore.A true wilderness escape — with modern amenities, 1,800+ feet of shared shoreline. Surrounded by the protected beauty of the Superior National Forest They’re not making any more shoreline. This is your chance to own an extraordinary lakefront legacy — one that combines lifestyle, income, and long-term value.
Basic Features:
| Type | Commercial Sale |
|---|---|
| Zoning | Business/Commercial,Lot,Other,Shoreline,Residential-Single Family |
| Year Built | 2020 |
| School District | Lake Superior |
| County | Lake |
| Lot Size | "getting" |
| Acreage | 10.27 acres |
| Garage | 4 Car |
| Lot Description | Additional Land Available,Accessible Shoreline,BWCA Access,Cleared,Irregular Lot,Property Adjoins Public Land,Many Trees |
| Number of Units | 10 |
| Lake Name | Ninemile |
| Lake Depth | 40 ft |
| Water Frontage | 1,800 ft |
| Tax $ / Year | $7,527 / 2025 |
| Tax ID | |
| Legal Description |
Includes:
Dishwasher,Dryer,ENERGY STAR Qualified Appliances,Freezer,Fuel Tank - Rented,Microwave,Other,Range,Refrigerator,Stainless Steel Appliances,Tankless Water Heater,Washer,Wine Cooler,Building,Business,Fixture/Equipment,Inventory,Land,Other,Rental License
| Government Programs | |
|---|---|
| Section | 27 |
| Terrain Type | |
| Roads | Private Road,State Road |
| Basement | Daylight/Lookout Windows,Egress Window(s),Finished,Full,Owner Access,Shared Access,Single Tenant Access,Storage Space,Tile Shower,Walkout |
| Cooling | Ductless Mini-Split,Zoned |
| Driveway | |
| Exterior Features | Brick/Stone,Fiber Cement,Engineered Wood |
| Foundation | 7146.00 |
| Fuel Source | Electric,Propane |
| Handicap Access | Other |
| Heating | Ductless Mini-Split,Fireplace(s),Radiant Floor,Zoned |
| Roof | Age 8 Years or Less,Architectural Shingle,Pitched |
| Sewer Service | Private Sewer,Septic System Compliant - Yes,Shared Septic |
| Water Service | Drilled,Private,Shared System,Well |
| Water Heater | |
| Parking Lot | Assigned,Gravel,Electric,Floor Drain,Finished Garage,Garage Door Opener,Guest Parking,Heated Garage,Insulated Garage,Multiple Garages,Other,Storage,Units Vary |
| Exterior Construction | |
| Utilities | Electric Separate,Heating Separate,Hot Water Separate |
| Laundry | N |