2. Quartershare/Fractional ownership – Share 4
Not a time share
End Unit – Rare, Private, Lake View
Patio, Outdoor seating, Portable Gas Grill
3 Bedroom, Beautifully decorated
Main floor – Kitchen, Dining, Living Room
Master Bedroom, Locker, Laundry room,
3 Full baths, Whirlpools, deluxe showers
Two bedrooms up – 1 Lake View, 1 Woods View
In floor heat
Gas Fireplaces - lower level & upstairs bedroom
Lots of tile and wood
Cambria counters, upgraded appliances
Completely furnished, including kitchen
3.
4.
5.
6. Indoor pool/outdoor hot tub
Wood fired Finnish Sauna
Massage & Spa Cabin
Fabulous Ledge Rock Grill Restaurant
Bike, Kayak & Canoe rentals
Cross-country skiing rental for winter
17 mi north of Duluth on Scenic Hwy 61
40 Acres, 1300 feet of lakeshore
40 minutes from Lutsen Ski Resort
7.
8. This prime piece of vacation real estate has all
the amenities of a luxury north woods resort
but without all the responsibilities of
maintenance, repair or upkeep.
Your purchase entitles you to use all of the
resort services for one full week of every
month all year long for a total of 13 weeks.
Each year you are entitled to two holidays &
these rotate every year for owner equity.
9.
10.
11. You may chose to use the entire lake home (all
three bedrooms) or just the lower level.
What you don’t use you may rent for a revenue
return which is managed & shared with the
management company.
Association dues are $1,702/quarter. This
includes:
Electricity, Firewood, Insurance, Lawn & Grounds
Repairs/Replacement, Management Fees, Propane
Taxes, Recreation Bldg, Garbage, Sewer, Water
Snow/Ice Removal, Telephone, TV, Internet
Restaurant Meal card
12.
13. Restaurant meal card - $700 per year (part of
your quarterly dues) Fabulous meals!!
Rental Income averages $10,000 to $12,000
per year (in a down economy)
Rental income generally covers your yearly
Association dues
14.
15.
16. $185,000 Quartershare ownership
No Realtor Fees or Commissions paid
$500 referral if you find a buyer
More Info - contact Karen Borre
karen.borre@shapeshiftersconsulting.com
952-933-5564