38274 County Highway 44, Richville, MN 56576

$2,200,000
Property Type: Commercial Lot Size (sq. ft.): 653,400 Status: Closed
Current Price: $2,200,000 List Date: 8/26/2022 Last Modified: 6/08/2025

Overview

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 owner’s 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 on ...

Listing Details MLS# 6251604

General Property Information

Lot Measurement
Acres
Multiple PIDs?
Yes
Other Parking Spaces
25
Owner Occupied
Yes
Road Btwn WF & Home?
No
Waterfront Frontage
725
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

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

Contract Information

Off Market Date
2023-02-10
Closed Date
2023-03-31
Sales Close Price
2200000
Contingency
None
ListPrice
2350000
Owner is an Agent?
No
Auction?
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
Assessment Balance
0

More Information

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
Reeds
Yes
Sand
Yes

Lease Details

Land Leased
Not Applicable
Monthly Land Lease Amt
0

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
Yes

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
Yes

Office/Member Info

Association
GLAR
MLSID
RMLS

Location, Tax and Other Information

Listing City
Richville
Map Page
999
Municipality
Richville
Rental License?
Yes
School District
Perham-Dent
School District Phone
218-346-4501
Map Coordinate Source
RETS
DNR Lake ID#
56038300
DNR Lake Classification
Natural Environment
Lake Chain
N
Zip Plus 4
9624
Property ID Number
14000160135001
Tax Year
2021
Tax Amount
8338
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
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 owner’s 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!
Directions
Turn West on Cty Hwy 14 from MN Hwy 78, Approx. 4.5 miles, turn West onto Cty Hwy 44, Approx. 3 miles will be on the left.

Accessible

Other
Yes

Construction Status

Previously Owned
Yes

Elevation Highpoint to Waterfront Slope

Level
Yes

Exterior

Wood
Yes

Financing Terms

ARM/GPM
Yes

Fuel

Electric
Yes
Propane
Yes

Heating

Forced Air
Yes
Space Heater
Yes

Rental License Type

Standard
Yes

Sewer

Private Sewer
Yes

Water

Well
Yes

Waterfront View

North
Yes
West
Yes

On Site Utilities

Electric Common
Yes
Heating Separate
Yes
Hot Water Separate
Yes

CMU Style

Business Opportunity
Yes
Resort
Yes

Current Use

Resort
Yes

Documents

IDX
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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