Home Call Us About Login
Map Search Area Search MLS#/Addr Featured New Const. Local Info
My Account Buying Selling Title Mortgage Inspections

For Sale:  Finland MLS# 6744391






Virtual Tour 1


Virtual Tour 2

My notes for this property


Add listing to my favorites (required)
Active NEW!
$2,500,000
/mo Edit
Commercial:  Other
Built 2020
10.27 acres
Lake Superior schools
MLS# 6744391
763-576-8286
My rating:
Favorite
Ask Question
Request a Showing  
Agent
Ask the Agent℠

Ask the Agent℠

    Property inquiries submitted online are continually monitored to provide the best possible service.

    Terms & Conditions






    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Luxury Boutique Resort | Short-Term Rentals | Build-Ready Lots | Commercial Expansion | Condo-Platted Flexibility 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.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $2,500,000
    Property Type: Commercial
    City: Finland
    Garage Spaces: 4
    County: Lake
    Year Built: 2020
    State: MN
    Property Style: Other
    Zip Code: 55603
    Subdivision Name: Village/Ninemile

    Interior

    Ceiling Height: Varied Heights
    Ranges: One Per Unit
    Refrigerators: One Per Unit
    Appliances Included:
    • Dishwasher
    • Dryer
    • ENERGY STAR Qualified Appliances
    • Freezer
    • Fuel Tank - Rented
    • Microwave
    • Other
    • Range
    • Refrigerator
    • Stainless Steel Appliances
    • Tankless Water Heater
    • Washer
    • Wine Cooler
    Basement Details:
    • Daylight/Lookout Windows
    • Egress Window(s)
    • Finished
    • Full
    • Owner Access
    • Shared Access
    • Single Tenant Access
    • Storage Space
    • Tile Shower
    • Walkout

    Exterior

    Garage Spaces: 4
    Other Parking Spaces: 10
    Air Conditioning: Ductless Mini-Split, Zoned
    Foundation Size: 7,146 ft2
    Handicap Accessible: Other
    Road Responsibility: Association Maintained Road, Public Maintained Road
    Heating System:
    • Ductless Mini-Split
    • Fireplace(s)
    • Radiant Floor
    • Zoned
    Parking Features:
    • Assigned
    • Electric
    • Finished Garage
    • Floor Drain
    • Garage Door Opener
    • Gravel
    • Guest Parking
    • Heated Garage
    • Insulated Garage
    • Multiple Garages
    • Other
    • Storage
    • Units Vary
    Shared Amenities:
    • Beach
    • Boat Slip
    • Other
    • Unspecified
    Unit Amenities:
    • Balcony
    • Boat Slip
    • Ceiling Fan(s)
    • Deck
    • Dock
    • Kitchen Center Island
    • Kitchen Window
    • Natural Woodwork
    • Other
    • Paneled Doors
    • Panoramic View
    • Patio
    • Porch
    • Security Lights
    • Tile Floors
    • Unspecified
    • Vaulted Ceiling(s)
    • Walk-In Closet
    • Washer/Dryer Hookup
    Road Frontage:
    • Private Road
    • State Road
    Exterior Material:
    • Brick/Stone
    • Engineered Wood
    • Fiber Cement
    Roof Details:
    • Age 8 Years or Less
    • Architectural Shingle
    • Pitched

    Rooms

    Shared Rooms:
    • Amusement/Party Room
    • Club House
    • Community Room
    • Exercise Room
    • Other
    • Play Area

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Ninemile
    Waterfront View: Lake, Panoramic, West
    DNR Lake ID#: 38003300
    WF Frontage: 1800
    Elev Highpt to WF feet: 0-4
    Waterfront Slope: Level
    Lake Chain Name: N
    Lake Acres: 296
    Lake Depth: 40
    Waterfront:
    • Association Access
    • Dock
    • Lake Front
    • Lake View
    • Other
    • Shared
    Lake Bottom:
    • Gravel
    • Hard
    • Sand
    • Soft
    • Undeveloped

    Lot & Land

    Acres: 10.27
    Geolocation: 47.572591, -91.079279
    Inclusions: Building, Business, Fixture/Equipment, Inventory, Land, Other, Rental License
    Lot Dimensions: "getting"
    Zoning:
    • Business/Commercial
    • Lot
    • Other
    • Residential-Single Family
    • Shoreline
    Lot Description:
    • Accessible Shoreline
    • Additional Land Available
    • BWCA Access
    • Cleared
    • Irregular Lot
    • Many Trees
    • Property Adjoins Public Land

    Farm

    Topography: Level, Scattered Timber, Walkout, Wooded

    Schools

    School District: 381
    District Phone: 218-834-8216

    Expenses

    Tenant Expenses: Other

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $7,527
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,527

    Units

    Total Units: 10

    Miscellaneous

    Current Use:
    • Hotel/Motel
    • Other
    • Recreational
    • Residential
    • Resort
    Fuel System:
    • Electric
    • Propane
    Owner Occupied: Yes
    Sewer System:
    • Private Sewer
    • Septic System Compliant - Yes
    • Shared Septic
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    Water System:
    • Drilled
    • Private
    • Shared System
    • Well

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Listing provided by RMLS, courtesy of Keller Williams Classic Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.