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Siskiwit Bay Lodge 89405 Jack Pine Rd

8 Room Bed and Breakfast Cornucopia, WI 54827 $3,160,530 CAD ($395,066 CAD/Room)

Investment Highlights

  • Luxury Bed and Breakfast offering 4 charming rooms plus an owner's quarters, 8 beds / 8 baths total
  • 10+ acres of land located 3.5 hours from the Twin Cities and 1.5 hours from Duluth, MN
  • Continue as a bed and breakfast or establish a generational family estate, this piece of paradise offers breathtaking views and endless possibilities
  • 7,500 SF lodge with elegant finishes, brownstone wood-burning fireplace, balconies and an expansive deck and magnificent views of the lake
  • 580’ of shoreline on beautiful Lake Superior, the largest of North America's Great Lakes

Executive Summary

SVN | Northco is pleased to present Siskiwit Bay Lodge ("Property"), a luxury destination on Lake Superior in Cornucopia, WI. The Property consists of 5.88 acres and 580’ of shoreline on beautiful Lake Superior. Notably, the Property is part of the Jack Pine Forest, which has never been logged before and contains large white cedar, red cedar, hemlock, and other species of trees creating breathtaking scenery in all directions. Siskiwit Bay Lodge has four luxurious bedrooms to choose from with many amenities including a gas fireplace, a lakeside balcony with chairs and a side table, private bathrooms, and much more. There is also an owner's quarters, bringing the total of the lodge to 8 bedrooms and 8 bathrooms. Additionally available is the adjacent lot of 4.6 acres for future expansion.
Although the property is currently operated as a lodge, the property's quality and size make it suitable for a range of future uses, including but not limited to, a private estate or family compound, a corporate retreat, or further development on the additional acreage available.

Property Facts

Price $3,160,530 CAD
Price Per Room $395,066 CAD
Sale Type Investment
Sale Conditions Business Value Included
Property Type Hospitality
Property Subtype
Bed and Breakfast
  • Hospitality Hotel
Building Class C
Lot Size 10.53 AC
Building Size 8,590 SF
No. Rooms 8
No. Stories 2
Year Built 1997
Parking Ratio 1.28/1,000 SF
Corridor Interior

Amenities

  • Balcony
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites

About 89405 Jack Pine Rd , Cornucopia, WI 54827

The Property is located in Cornucopia, WI, a charming community nestled along the shores of Lake Superior in northern Wisconsin, which offers a tranquil escape into nature's beauty. This picturesque village, with its small-town charm and stunning waterfront location, is a haven for those seeking a serene and close-knit community. The village is graced by the majestic presence of Lake Superior, the largest of North America's Great Lakes. The expansive waterfront provides breathtaking views, sandy shores, and access to a myriad of water-related activities. Residents and visitors alike can indulge in boating, kayaking, and simply relishing the tranquility of lakeside living. Cornucopia exudes a warm and welcoming small-town atmosphere. With a population that embraces community values, the village offers a tight-knit environment where neighbors know each other by name. Quaint streets, local businesses, and community events contribute to the village's charm. Surrounded by the natural wonders of the Apostle Islands region, Cornucopia serves as a gateway to exploration. The nearby Apostle Islands National Lakeshore boasts sea caves, hiking trails, and opportunities for birdwatching, creating an outdoor enthusiast's paradise. Distances from larger cities: Duluth, MN - 75 miles east of Duluth Minneapolis, MN - 232 miles north of Minneapolis Fargo, ND - 300 miles east of Fargo Milwaukee, WI - 375 miles north of Milwaukee Local airports include John F. Kennedy Memorial Airport (31 miles). Nearby International airports include Duluth International Airport (75 miles) and Minneapolis-Saint Paul International Airport, Minneapolis (232 miles).

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 1 $442.47 CAD -
Guest Room 7 $337.12 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-010-2-51-06-27-4-05-002-20000
Land Assessment
$389,541 CAD
Improvements Assessment
$719,312 CAD
Total Assessment
$1,108,853 CAD

zoning

Zoning Code Shoreline
Shoreline
  • Listing ID: 31126000

  • Date on Market: 2024-03-05

  • Last Updated:

  • Address: 89405 Jack Pine Rd, Cornucopia, WI 54827

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