For Sale: Waterville MLS# 6793404
Active
$1,700,000
Commercial: Resort
Built 1929
3.29 acres
Waterville-Elysian-Morris schools
MLS# 6793404
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Property Description
Oak Hollow Resort welcomes you! Here is your chance at a rare opportunity to own a premier waterfront retreat on the shores of Lake Sakatah. This unique property offers the perfect blend of recreation, relaxation, and income potential with 32 seasonal RV camping sites, two charming lakefront vacation cabins, and an on-site home. With 450' of shoreline this resort is situated directly on the water, guests & residents enjoy direct lake access for boating, canoeing, and some of the area’s best fishing. Enjoy evening campfires with laughter & s’mores. The resort connects to the 39-mile paved trail system, ideal for hiking, biking, skiing, and snowmobiling. Whether you’re looking for a lifestyle business or an investment in Southern Minnesota’s lake country, Oak Hollow Resort delivers natural beauty and endless adventure right at your doorstep. These are where memories are made, year after year.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,700,000
Property Type:
Commercial
City:
Waterville
Garage Spaces:
0
County:
Le Sueur
Year Built:
1929
State:
MN
Property Style:
Resort
Zip Code:
56096
Subdivision Name:
East Waterville
Interior
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
0
Other Parking Spaces:
32
Foundation Size:
1,224 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Attached Garage
Exterior Material:
Vinyl Siding
Lake & Waterfront
Waterfront Present:
Y
Waterfront Name:
Upper Sakatah
DNR Lake ID#:
40000200
WF Frontage:
445
Elev Highpt to WF feet:
15-26
Waterfront Slope:
Steep
Lake Chain Name:
N
Lake Acres:
892
Lake Depth:
12
Waterfront:
- Dock
- Lake Front
- Lake View
Lot & Land
Acres:
3.29
Geolocation:
44.2179723399, -93.5560838537
Inclusions:
Building, Business Assets, Fixture/Equipment, Inventory, Land, Leases, Rental License
Lot Dimensions:
Irregular
Zoning:
Business/Commercial
Lot Description:
Many Trees
Schools
School District:
2143
District Phone:
507-275-3115
Expenses
Tenant Expenses:
Cable TV, Electricity, Gas, Grounds Care, Sewer
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$8,084
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,174
Units
Total Units:
3
Miscellaneous
Current Use:
Resort
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Kubes Realty Inc.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.