06/10/2024
FSBO! Our historical lake home — built by Frank Stout, a lumber baron — is now for sale. This home was built around 1900 for the Stout estate gardener and caretaker. We acquired this gem in 2013 and completely rehabbed and updated it, top to bottom, all while maintaining the early 1900s feel and charm.
For the last 10+ years we have hosted guests at this amazing B&B (“Bed & Boat”). The property sits on nearly an acre and a half, with 208’ of level shoreline, three docks, a boatlift as well as an incredible covered gazebo overhanging the water. There is even a separate standalone cottage right on the water.
The water is clear and the lake bottom is a nice mix of sand, gravel and some rocks. Great for swimming. Red Cedar Lake (and connecting lakes - Balsam and Hemlock) are great fishing lakes. In total, about 2,500 acres to boat on, fish, and otherwise enjoy. And Tagalong Golf Course is located in the East shore so you can boat to your afternoon tee time!
We recently retired and are now spending more time traveling as well as time with our grandchildren so it’s now time to pass along this amazing place. An appraiser we hired valued our place at $1.23 million. Our asking price is $1.1 million.
This is truly a turnkey operation. It comes fully furnished, including a pontoon! Guests are booked for the rest of the summer through Labor Day so those reservations will need to be honored. After that, it’s up to you as to whether you want to continue running this wonderful lake home as a B&B or as your own personal vacation home or residence.
In addition to the exterior pictures that are posted, another post to follow will show you the interior. The workmanship is incredible.
Please call with any questions — or if you’d like to set up a showing (and of course with any offers!)
If you have your own an agent, we will pay your agent a 3% commission upon a successful close.
Michael 612-875-8014