38274 County Highway 44, Richville, MN 56576 (MLS# 6251604)
$2,350,000
Richville, MN 56576
MLS# 6251604
Status: Closed
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Property Description
Located in famous Otter Tail Lakes Country, Sunset Bay Resort is a traditional family resort offering both cabin rental & camping. This beautiful property has 550 feet of sandy shoreline & 15 acres of nicely wooded grounds. Income streams include 10 cabins, 7 RV sites & boat/pontoon rental. 8 of the cabins are just steps from the lake with panoramic sunset views. The current owners take great pride in ownership & have spent their years regularly updating & improving the resort & guest experience, which has resulted in a strong repeat business of satisfied guests. Onsite boat launch, game room, fish cleaning house, guest laundry, shower house, small store, ample storage & a spectacular swimming beach compliment the operation. The ownerâs home is on site & in a private setting. Newly built in 2019 with stick construction, this beautiful home has 1330 sq ft of comfortable living space. Strong financials show yearly income growth with room for additional income growth. Don't miss this one!
Details
Maps
Documents
Contract Information
Status: Closed
Off Market Date: 2023-02-10
Current Price: 2200000
Closed Date: 2023-03-31
Sales Close Price: 2200000
Contingency: None
ListPrice: 2350000
List Date: 2022-08-24
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: Yes
Other Parking Spaces: 25
Owner Occupied: Yes
Road Btwn WF & Home?: No
Waterfront Frontage: 725
Waterfront Present: Yes
Year Built: 1955
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 9979
Garage Stalls: 2
Lake/Waterfront Name: Dead Lake (56038300)
For Sale or Lease: For Sale
Acres: 15
Lot Dimensions: 866x649x1307x163x725
Assessment Pending: No
Location Tax and Other Information
House Number: 38274
Street Name: County Highway 44
Postal City: Richville
County: Otter Tail
State: MN
Zip Code: 56576
Additional Parcels Information
Property ID #2: 14000160135000
Assessments
Tax With Assessments: 8850
Building Information
Building Finished SqFt: 9858
Building SqFt: 11694
Elevation Highpoint to Waterfront Feet
Elevation Highpoint Waterfront Feet: 0-4
Lake Details
Lake Acres: 7545
Lake Depth: 65
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: Yes
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 40
Section#: 16
Township#: 135
Sale Options
Sale Includes: Building, Business Assets, Business, Fixture/Equipment, Land
Unit 1
No. of 1 Bedroom Units: 1
Unit 2
No. of 2 Bedroom Units: 4
Unit 3
No. of 3 Bedroom Units: 5
Unit Details
Total Units: 11
Unit Information
No. of Efficiency Units: 1
Property Features
Accessible: Other
CMU Style: Business Opportunity; Resort
Construction Status: Previously Owned
Current Use: Resort
Elevation Highpoint to Waterfront Slope: Level
Exterior: Wood
Financing Terms: ARM/GPM
Fuel: Electric; Propane
Heating: Forced Air; Space Heater
Lake Details: Reeds; Sand
On Site Utilities: Electric Common; Heating Separate; Hot Water Separate
Rental License Type: Standard
Sewer: Private Sewer
Water: Well
Waterfront View: North; West
Sunset Bay Well Disclosure & Tests.pdf Listing Office: Lake Country Resort Sales, Inc.
Last Updated: June - 08 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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