For Sale | Luxury Bed and Breakfast or Private Estate on Lake Superior

89405 Jack Pine Road Cornucopia, WI 54827

89405 Jack Pine Road, Cornucopia, WI, 54827
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FOR SALE
Property Type:
Hotel
Amount:
$2,250,000
Last Verified:
Oct 03, 2024

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Highlights

  • Luxury Bed and Breakfast offering 4 charming rooms plus an owner's quarters, 8 beds / 8 baths total
  • 7,500 SF lodge with elegant finishes, brownstone wood-burning fireplace, balconies and an expansive deck and magnificent views of the lake
  • 10+ acres of land located 3.5 hours from the Twin Cities and 1.5 hours from Duluth, MN
  • 580’ of shoreline on beautiful Lake Superior, the largest of North America's Great Lakes
  • Continue as a bed and breakfast or establish a generational family estate, this piece of paradise offers breathtaking views and endless possibilities, including room for additional development

Description

SVN | Northco is pleased to present Siskiwit Bay Lodge ("Property"), a luxury destination on Lake Superior in Cornucopia, WI. The Property consists of 5.88 acres and 580’ of shoreline on beautiful Lake Superior. Notably, the Property is part of the Jack Pine Forest, which has never been logged before and contains large white cedar, red cedar, hemlock, and other species of trees creating breathtaking scenery in all directions. Siskiwit Bay Lodge has four luxurious bedrooms to choose from with many amenities including a gas fireplace, a lakeside balcony with chairs and a side table, private bathrooms, and much more. There is also an owner's quarters, bringing the total of the lodge to 8 bedrooms and 8 bathrooms. Additionally available is the adjacent lot of 4.6 acres for future expansion.

Although the property is currently operated as a lodge, the property's quality and size make it suitable for a range of future uses, including but not limited to, a private estate or family compound, a corporate retreat, or further development on the additional acreage available.

The Property is located in Cornucopia, WI, a charming community nestled along the shores of Lake Superior in northern Wisconsin, which offers a tranquil escape into nature's beauty. This picturesque village, with its small-town charm and stunning waterfront location, is a haven for those seeking a serene and close-knit community. The village is graced by the majestic presence of Lake Superior, the largest of North America's Great Lakes. The expansive waterfront provides breathtaking views, sandy shores, and access to a myriad of water-related activities. Residents and visitors alike can indulge in boating, kayaking, and simply relishing the tranquility of lakeside living.

Cornucopia exudes a warm and welcoming small-town atmosphere. With a population that embraces community values, the village offers a tight-knit environment where neighbors know each other by name. Quaint streets, local businesses, and community events contribute to the village's charm. Surrounded by the natural wonders of the Apostle Islands region, Cornucopia serves as a gateway to exploration. The nearby Apostle Islands National Lakeshore boasts sea caves, hiking trails, and opportunities for birdwatching, creating an outdoor enthusiast's paradise.

Distances from larger cities:
Duluth, MN - 75 miles east of Duluth
Minneapolis, MN - 232 miles north of Minneapolis
Fargo, ND - 300 miles east of Fargo
Milwaukee, WI - 375 miles north of Milwaukee

Local airports include John F. Kennedy Memorial Airport (31 miles). Nearby International airports include Duluth International Airport (75 miles) and Minneapolis-Saint Paul International Airport, Minneapolis (232 miles).


Year Built: 1997
Building Size: 7500sq ft
Lot Size: 5.88 acres


Documents

Sale Brochure - Siskiwit Bay Lodge.pdf

Map of 89405 Jack Pine Road, Cornucopia, WI, 54827

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.