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6781 Village Drive, Finland, MN 55603

$2,600,000

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Property Type: Commercial Bedrooms: 9 Baths: 7 Lot Size (sq. ft.): 447,361 Status: Active

Current Price: $2,600,000 List Date: 5/15/2026 Last Modified: 5/15/2026

Overview

Description

A rare opportunity to acquire a proven luxury short-term rental and legacy lakefront estate positioned in one of Northern Minnesota’s most desirable recreation markets near the North Shore and Lutsen. Following an exceptional 2026 winter season driven by snowmobile tourism and year-round destination demand, the property is already over 70% booked for the remainder of the 2026 calendar year across the existing rental cabins — showcasing the strength of the area’s tourism market and the increasing demand for luxury lodging inventory in this region. Due to active guest reservations and ongoing income-producing occupancy, showings for the rental cabins are by appointment only and subject to guest schedules. Buyers are encouraged to inquire regarding showing availability. Designed with both privacy and gathering in mind, the property offers an ideal setup for multi-family retreats, co-ownership opportunities, executive rentals, corporate retreats, or continued luxury vacation rental ... (Read more) A rare opportunity to acquire a proven luxury short-term rental and legacy lakefront estate positioned in one of Northern Minnesota’s most desirable recreation markets near the North Shore and Lutsen. Following an exceptional 2026 winter season driven by snowmobile tourism and year-round destination demand, the property is already over 70% booked for the remainder of the 2026 calendar year across the existing rental cabins — showcasing the strength of the area’s tourism market and the increasing demand for luxury lodging inventory in this region. Due to active guest reservations and ongoing income-producing occupancy, showings for the rental cabins are by appointment only and subject to guest schedules. Buyers are encouraged to inquire regarding showing availability. Designed with both privacy and gathering in mind, the property offers an ideal setup for multi-family retreats, co-ownership opportunities, executive rentals, corporate retreats, or continued luxury vacation rental operations. Each of the three existing structures features its own unique layout, architectural character, and design aesthetic while still flowing cohesively together as a thoughtfully curated compound. This intentional approach creates a luxury hospitality feel while maximizing flexibility for both personal enjoyment and income generation. In addition to the two highly successful existing rental cabins, the owner’s current private residence offers substantial future upside as a potential third luxury rental accommodation. Unlike many expansion opportunities that require years of planning and infrastructure costs, this structure is already completed, fully functional, and positioned for relatively seamless conversion into an additional income-producing asset if desired. Future expansion opportunities are exceptionally rare in this area and include adjoining build-ready parcels already approved for commercial use. Existing conceptual plans allow for possibilities such as a restaurant/bar concept, boutique hotel suites, expanded lodging accommodations, or additional mixed-use development opportunities. Buyers may continue expanding the existing vision, create their own development concept, or potentially work with the current seller on future build completion opportunities if desired. Adding to the long-term value, the property benefits from grandfathered short-term rental positioning — a highly desirable and increasingly limited asset in many North Shore-area markets. Investors seeking premium inventory in a constrained supply market will immediately recognize the significance of this opportunity and the difficulty in recreating a property of this scale, flexibility, and location today. Surrounded by the breathtaking beauty of the Superior National Forest, the setting offers exceptional wildlife viewing, including moose sightings, endless outdoor recreation, and truly jaw-dropping sunset lake views that simply cannot be recreated. Nearby restaurants, trails, snowmobile access, hiking, boating, and proximity to the North Shore lifestyle continue to drive strong year-round tourism demand and guest appeal. Constructed with luxury-grade materials, high-end craftsmanship, and timeless architectural design, the improvements were intentionally created to appeal to a broad luxury buyer profile while maintaining warmth, functionality, and durability. Major infrastructure components including septic systems, wells, and utility groundwork are already in place, significantly reducing future development costs and timelines. The additional lots are build-ready, creating immediate future upside without the typical development hurdles and infrastructure expenses. Whether envisioned as a luxury investment property, private family compound, hospitality venture, boutique resort concept, or multi-generational legacy estate, this is an increasingly rare opportunity to control premium waterfront acreage with both immediate income generation and substantial

Supplements: future ups

Listing Details MLS# 7074887

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 10
Owner Occupied: Yes
Road Btwn WF & Home?: No
Waterfront Frontage: 1800
Year Built: 2020
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Lot, Other, Shoreline, Reside
Foundation Size: 7146
Garage Stalls: 4
Lake/Waterfront Name: Ninemile
For Sale or Lease: For Sale
Acres: 10.27
Lot Dimensions: "getting"
Assessment Pending: No

Property Features

Accessible: Other Air Conditioning: Ductless; Zoned Amenities Shared: Beach; Boat Slip; Unspecified; Other Amenities Unit: Balcony; Boat Slip; Ceiling Fan(s); Deck; Dock; Kitchen Center Island; Kitchen Window; Natural Woodwork; Paneled Doors; Panoramic View; Patio; Porch; Security Lights; Tile Floors; Unspecified; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup; Other Appliances: Dishwasher; Dryer; Energy Star Appliances; Freezer; Fuel Tank - Rented; Microwave; Range; Refrigerator; Washer; Wine Cooler; Other Assumable Loan: Not Assumable Basement: Egress Windows; Full; Owner Access; Shared Access; Single Tenant Access; Storage Space; Tile Shower CMU Style: Business Opportunity; Mixed Use; Other; Resort Commercial Kitchen Appliances: Other Construction Materials: Concrete; Frame Construction Status: Previously Owned Current Use: Hotel/Motel; Other; Recreational; Residential; Resort Elevation Highpoint to Waterfront Slope: Level Exterior: Brick/Stone; Cement Board; Engineered Wood Fencing: None Flooring: Carpet; Concrete Slab; Heavy Duty; Luxury Vinyl Plank; Luxury Vinyl Tile; Other/See Remarks; Tile Foundation: Combination; Slab; Other Fuel: Electric; Propane Green Energy Efficient: Appliances; Construction; Doors; Insulation; Lighting; Thermostat; Water Heater; Windows Green Water Conservation: Efficient Hot Water Distribution Heating: In-Floor Heating; Zoned Lake Details: Gravel; Hard; Sand; Soft; Undeveloped Loan Terms: Adj. Rate/Gr Payment; Cash; Contract for Deed; Conventional; Federal Land Bank; Rural Development; Special Funding; USDA; VA; Other Lot Description: Accessible Shoreline; Additional Land Available; BWCA Access; Cleared; Irregular Lot; Property Adjoins Public Land; Tree Coverage - Heavy Miscellaneous Information: 2+ Lavatories; 220 Volt; Exterior Lighting; Furnished Units; Kitchen Facilities On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Owner Pays: Electricity; Management; Other; See Remarks; Taxes Parking Characteristics: Finished Garage; Multiple Garages; Assigned; Floor Drain; Garage Door Opener; Gravel Lot; Heated Garage; Insulated Garage; Storage; Units Vary; Other Pool Description: None Rent Rate per Foot: Net; Other Rental License Type: Airbnb; Short-Term Online Rental Mgmt (STORM) Road Frontage: Private Road; State Road Road Responsibility: Association Maintained Road; Public Maintained Road Roof: Age 8 Years or Less; Architectural Shingle; Pitched Sewer: Private Sewer; Septic System Compliant - Yes; Shared System Shared Rooms: Amusement/Party Room; Club House; Community Room; Exercise Room; Play Area; Other Tenant Pays: See Remarks; Other Topography: Scattered Timber; Wooded; Level; Walkout Wall Description: Drywall; Finished; Insulated; Other/See Remarks; Wood Water: Drilled; Private; Shared System; Well Waterfront View: Lake; Panoramic; West Window Features: Blinds; Double Pane Windows; ENERGY STAR Qualified Windows; Insulated Windows; Screens; Shutters; Window Coverings; Window Treatments

Contract Information

Contingency: None
ListPrice: 2600000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 6781
Street Name: Village
Street Suffix: Drive
Postal City: Finland
County: Lake
State: MN
Zip Code: 55603
Complex/Dev/Subdivision: Village/Ninemile

Assessments

Tax With Assessments: 7527
Assessment Balance: 0

Building Information

Building Finished SqFt: 7146
Ceiling Height: Varied Heights

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet: 0-4

Lake Details

Lake Acres: 296
Lake Depth: 40
Gravel: Yes
Hard: Yes
Sand: Yes
Soft: Yes
Undeveloped: Yes

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No
2+ Lavatories: Yes
220 Volt: Yes
Exterior Lighting: Yes
Furnished Units: Yes
Kitchen Facilities: Yes

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 06
Section#: 27
Township#: 59

Sale Options

Sale Includes: Building, Business, Fixture/Equipment, Inventory, Land, Other, Rental License

Unit 1

Unit Number: 6794
Full Baths: 2
Total Bathrooms: 2
Total Bedrooms: 3
Level: Main Level
Leased?: No

Unit 2

No. of 2 Bedroom Units: 4
Full Baths: 2
Leased?: No
Level: Main Level
Total Bathrooms: 2
Total Bedrooms: 2
Unit Number: 6785

Unit 3

No. of 3 Bedroom Units: 3
Full Baths: 2
Half Baths: Yes
Leased?: No
Level: Main Level
Total Bathrooms: 3
Total Bedrooms: 4
Unit Number: 6792
Unit Total SqFt: 3011

Unit Details

Total Units: 10

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: LOT 1 BLOCK 6 and additional PID's
Listing City: Finland
Map Page: 999
Municipality: Finland
School District: Lake Superior
School District Phone: 218-834-8216
DNR Lake ID#: 38003300
DNR Lake Classification: Recreational Development
Zip Plus 4: 5463
Property ID Number: 24571105010
Tax Year: 2025
Tax Amount: 7527
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: A rare opportunity to acquire a proven luxury short-term rental and legacy lakefront estate positioned in one of Northern Minnesota’s most desirable recreation markets near the North Shore and Lutsen. Following an exceptional 2026 winter season driven by snowmobile tourism and year-round destination demand, the property is already over 70% booked for the remainder of the 2026 calendar year across the existing rental cabins — showcasing the strength of the area’s tourism market and the increasing demand for luxury lodging inventory in this region. Due to active guest reservations and ongoing income-producing occupancy, showings for the rental cabins are by appointment only and subject to guest schedules. Buyers are encouraged to inquire regarding showing availability. Designed with both privacy and gathering in mind, the property offers an ideal setup for multi-family retreats, co-ownership opportunities, executive rentals, corporate retreats, or continued luxury vacation rental operations. Each of the three existing structures features its own unique layout, architectural character, and design aesthetic while still flowing cohesively together as a thoughtfully curated compound. This intentional approach creates a luxury hospitality feel while maximizing flexibility for both personal enjoyment and income generation. In addition to the two highly successful existing rental cabins, the owner’s current private residence offers substantial future upside as a potential third luxury rental accommodation. Unlike many expansion opportunities that require years of planning and infrastructure costs, this structure is already completed, fully functional, and positioned for relatively seamless conversion into an additional income-producing asset if desired. Future expansion opportunities are exceptionally rare in this area and include adjoining build-ready parcels already approved for commercial use. Existing conceptual plans allow for possibilities such as a restaurant/bar concept, boutique hotel suites, expanded lodging accommodations, or additional mixed-use development opportunities. Buyers may continue expanding the existing vision, create their own development concept, or potentially work with the current seller on future build completion opportunities if desired. Adding to the long-term value, the property benefits from grandfathered short-term rental positioning — a highly desirable and increasingly limited asset in many North Shore-area markets. Investors seeking premium inventory in a constrained supply market will immediately recognize the significance of this opportunity and the difficulty in recreating a property of this scale, flexibility, and location today. Surrounded by the breathtaking beauty of the Superior National Forest, the setting offers exceptional wildlife viewing, including moose sightings, endless outdoor recreation, and truly jaw-dropping sunset lake views that simply cannot be recreated. Nearby restaurants, trails, snowmobile access, hiking, boating, and proximity to the North Shore lifestyle continue to drive strong year-round tourism demand and guest appeal. Constructed with luxury-grade materials, high-end craftsmanship, and timeless architectural design, the improvements were intentionally created to appeal to a broad luxury buyer profile while maintaining warmth, functionality, and durability. Major infrastructure components including septic systems, wells, and utility groundwork are already in place, significantly reducing future development costs and timelines. The additional lots are build-ready, creating immediate future upside without the typical development hurdles and infrastructure expenses. Whether envisioned as a luxury investment property, private family compound, hospitality venture, boutique resort concept, or multi-generational legacy estate, this is an increasingly rare opportunity to control premium waterfront acreage with both immediate income generation and substantial
Directions: Hwy 61: left on Hwy 1 W, right turn onto county Hwy 7, left on Village Drive, properties throughout.

Accessible

Other: Yes

Air Conditioning

Ductless: Yes
Zoned: Yes

Amenities Shared

Beach: Yes
Boat Slip: Yes
Unspecified: Yes
Other: Yes

Amenities Unit

Balcony: Yes
Boat Slip: Yes
Ceiling Fan(s): Yes
Deck: Yes
Dock: Yes
Kitchen Center Island: Yes
Kitchen Window: Yes
Natural Woodwork: Yes
Paneled Doors: Yes
Panoramic View: Yes
Patio: Yes
Porch: Yes
Security Lights: Yes
Tile Floors: Yes
Unspecified: Yes
Vaulted Ceiling(s): Yes
Walk-In Closet: Yes
Washer/Dryer Hookup: Yes
Other: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Energy Star Appliances: Yes
Freezer: Yes
Fuel Tank - Rented: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes
Wine Cooler: Yes
Other: Yes

Assumable Loan

Not Assumable: Yes

Basement

Egress Windows: Yes
Full: Yes
Owner Access: Yes
Shared Access: Yes
Single Tenant Access: Yes
Storage Space: Yes
Tile Shower: Yes

Construction Materials

Concrete: Yes
Frame: Yes

Construction Status

Previously Owned: Yes

Elevation Highpoint to Waterfront Slope

Level: Yes

Exterior

Brick/Stone: Yes
Cement Board: Yes
Engineered Wood: Yes

Fencing

None: Yes

Flooring

Carpet: Yes
Concrete Slab: Yes
Heavy Duty: Yes
Luxury Vinyl Plank: Yes
Luxury Vinyl Tile: Yes
Other/See Remarks: Yes
Tile: Yes

Foundation

Combination: Yes
Slab: Yes
Other: Yes

Fuel

Electric: Yes
Propane: Yes

Green Energy Efficient

Appliances: Yes
Construction: Yes
Doors: Yes
Insulation: Yes
Lighting: Yes
Roof: Yes
Thermostat: Yes
Water Heater: Yes
Windows: Yes

Green Water Conservation

Efficient Hot Water Distribution: Yes

Heating

In-Floor Heating: Yes
Zoned: Yes

Lot Description

Accessible Shoreline: Yes
Additional Land Available: Yes
BWCA Access: Yes
Cleared: Yes
Irregular Lot: Yes
Property Adjoins Public Land: Yes
Tree Coverage - Heavy: Yes

Owner Pays

Electricity: Yes
Management: Yes
Other: Yes
See Remarks: Yes
Taxes: Yes

Parking Characteristics

Finished Garage: Yes
Multiple Garages: Yes
Assigned: Yes
Floor Drain: Yes
Garage Door Opener: Yes
Gravel Lot: Yes
Heated Garage: Yes
Insulated Garage: Yes
Storage: Yes
Units Vary: Yes
Other: Yes

Patio, Porch and Deck Features

Composite Decking: Yes
Covered: Yes
Deck: Yes
Enclosed: Yes
Front Porch: Yes
Patio: Yes
Porch: Yes
Rear Porch: Yes
Side Porch: Yes
Wrap Around: Yes

Pool Description

None: Yes

Rental License Type

Airbnb: Yes
Short-Term Online Rental Mgmt (STORM): Yes

Road Frontage

Private Road: Yes
State Road: Yes

Road Responsibility

Association Maintained Road: Yes
Public Maintained Road: Yes

Roof

Age 8 Years or Less: Yes
Architectural Shingle: Yes
Pitched: Yes

Sewer

Private Sewer: Yes
Septic System Compliant - Yes: Yes
Shared System: Yes

Shared Rooms

Amusement/Party Room: Yes
Club House: Yes
Community Room: Yes
Exercise Room: Yes
Play Area: Yes
Other: Yes

Topography

Scattered Timber: Yes
Wooded: Yes
Level: Yes
Walkout: Yes

Wall Description

Drywall: Yes
Finished: Yes
Insulated: Yes
Other/See Remarks: Yes
Wood: Yes

Water

Drilled: Yes
Private: Yes
Shared System: Yes
Well: Yes

Waterfront View

Lake: Yes
Panoramic: Yes
West: Yes

Window Features

Blinds: Yes
Double Pane Windows: Yes
ENERGY STAR Qualified Windows: Yes
Insulated Windows: Yes
Screens: Yes
Shutters: Yes
Window Coverings: Yes
Window Treatments: Yes

No. of Ranges

One Per Unit: Yes

No. of Refrigerators

One Per Unit: Yes

Tenant Pays

Other: Yes
See Remarks: Yes

On Site Utilities

Electric Separate: Yes
Heating Separate: Yes
Hot Water Separate: Yes

CMU Style

Business Opportunity: Yes
Mixed Use: Yes
Other: Yes
Resort: Yes

Commercial Kitchen Appliances

Other: Yes

Current Use

Hotel/Motel: Yes
Other: Yes
Recreational: Yes
Residential: Yes
Resort: Yes

Loan Terms

Adj. Rate/Gr Payment: Yes
Cash: Yes
Contract for Deed: Yes
Conventional: Yes
Federal Land Bank: Yes
Rural Development: Yes
Special Funding: Yes
USDA: Yes
VA: Yes
Other: Yes

Rent Rate per Foot

Net: Yes
Other: Yes

Documents

NINEMILE LODGE & VILLAS BOOKLET.pdf ›

North Shore Brochure.pdf ›

norht shore 2.pdf ›

parcel map lake county.pdf ›

Listing Office: Keller Williams Classic Realty

Last Updated: May - 15 - 2026

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.