, Park Rapids, MN 56470 (MLS# 6586172)

Overview

Description

Rare find! Evergreen Bay Resort offers the rare combination of a large number of well maintained cottages, a great sand beach on a great lake, lots of room for expanding the business, plus its located in a thriving resort community. The seasonal resort has 13 modern cabins and the current owner has invested extensively in new furnishings, docks, equipment, and lake toys. You may know this resort as Fun Ta Boot resort, but you will immediately appreciate all the improvements and maintenance the current owner has made. The property has fiber optic WIFI and cable TV, but it also has fishing, boat rentals, hiking trails, family activities, a owners home/lodge, and volley ball all nestled in a 80 yr old Norway Pine Forest. The resort has 66 acres and the high wooded ground makes expansion possible. They have also started expanding into the Adventure Camping business which you can expand and customize to meet your business goals. The resort is located near Itasca State Park, just n ... (Read more)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 32
Owner Occupied: Yes
Road Btwn WF & Home?: No
Waterfront Frontage: 836
Waterfront YN: Yes
Year Built: 1973
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Shoreline
Foundation Size: 18973
Garage Stalls: 3
Lake/Waterfront Name: Boot Lake (03003000)
For Sale or Lease: For Sale
Acres: 65.84
Lot Dimensions: irregular - approx 1290' x 2194'

Property Features

Accessible: None CMU Style: Resort Construction Status: Previously Owned Current Use: Hotel/Motel; Recreational; Resort Elevation Highpoint to Waterfront Slope: Gradual Exterior: Wood Financing Terms: Conventional Fuel: Propane Heating: Forced Air Lake Details: Gravel; Reeds; Sand On Site Utilities: Electric Common; Heating Common Parking Characteristics: Multiple Garages; Parking Lot; RV Access/Parking Sewer: Shared System Water: Private; Shared System; Well Waterfront View: Lake; East

Contract Information

Off Market Date: 2024-12-11
Closed Date: 2024-12-11
Sales Close Price: 1900000
Contingency: None
ListPrice: 1990000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

Postal City: Park Rapids
County: Becker
State: MN
Zip Code: 56470
Complex/Dev/Subdivision: Heronrest Pointe

Assessments

Tax With Assessments: 16258
Assessment Balance: 0

Basement

Foundation Dimensions: various

More Information

Building Information

Building Finished SqFt: 12799
Building SqFt: 18973

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet: 4-10

Lake Details

Lake Acres: 401
Lake Depth: 108
Gravel: Yes
Reeds: Yes
Sand: Yes

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: varies
Garage Square Feet: 1432
Multiple Garages: Yes
Parking Lot: Yes
RV Access/Parking: Yes

Public Survey Info

Range#: 36
Section#: 32
Township#: 142

Sale Options

Sale Includes: Building, Business Assets, Business, Fixture/Equipment, Inventory, Land

Unit 1

No. of 1 Bedroom Units: Yes

Unit 2

No. of 2 Bedroom Units: 5

Unit 3

No. of 3 Bedroom Units: 6

Unit Details

Total Units: 14

Office/Member Info

Association: GLAR

Location, Tax and Other Information

Legal Description: SECTION 32 TOWNSHIP 142 RANGE 036 32-142-36 PT HERONREST POINTE: LOT 1, BLK3; PT NW1/4 SW1/4: COM SW COR NW1/4 SW1/4, N 300.2', N 749.18', E 2265.54', SLY AL DRIVEWAY 679.13', NE 33.56', SLY 128.44' TO BOOT LK, SLY AND WLY AL LK E OF POB, W 2065.66' TO POB.
Listing City: Park Rapids
Map Page: 999
Municipality: Savannah Twp
School District: Park Rapids
School District Phone: 218-237-6500
DNR Lake ID#: 03003000
DNR Lake Classification: Recreational Development
Zip Plus 4: 4037
Property ID Number: 270174001
Tax Year: 2023
Tax Amount: 16258
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Rare find! Evergreen Bay Resort offers the rare combination of a large number of well maintained cottages, a great sand beach on a great lake, lots of room for expanding the business, plus its located in a thriving resort community. The seasonal resort has 13 modern cabins and the current owner has invested extensively in new furnishings, docks, equipment, and lake toys. You may know this resort as Fun Ta Boot resort, but you will immediately appreciate all the improvements and maintenance the current owner has made. The property has fiber optic WIFI and cable TV, but it also has fishing, boat rentals, hiking trails, family activities, a owners home/lodge, and volley ball all nestled in a 80 yr old Norway Pine Forest. The resort has 66 acres and the high wooded ground makes expansion possible. They have also started expanding into the Adventure Camping business which you can expand and customize to meet your business goals. The resort is located near Itasca State Park, just north of Park Rapids - great schools and a great community.
Directions: From Park Rapids, take Hwy 71 through Park Rapids and go 12 miles north. Turn left (west) on Co Hwy 41/44 (Two Inlets RD) and go 6 miles west. Turn right (north) on Co Hwy 46 (Boot Lake Drive) and drive 1.3 miles to Fun Ta Boot Road

Accessible

None: Yes

Construction Status

Previously Owned: Yes

Elevation Highpoint to Waterfront Slope

Gradual: Yes

Exterior

Wood: Yes

Financing Terms

Conventional: Yes

Fuel

Propane: Yes

Heating

Forced Air: Yes

Sewer

Shared System: Yes

Water

Private: Yes
Shared System: Yes
Well: Yes

Waterfront View

Lake: Yes
East: Yes

On Site Utilities

Electric Common: Yes
Heating Common: Yes

CMU Style

Resort: Yes

Current Use

Hotel/Motel: Yes
Recreational: Yes
Resort: Yes