6785 Village Drive
Finland, MN, 55603 $ 564,900
Bedrooms2 Baths2.0 Sq 1,607 Monthly Estimate*
$ 3,902
for $564,900 with 2 bedrooms and 2 full baths. This 1,607 square foot home was built in 2022 on a lot size of 0.18.
BOOKINGS ARE AT OVER 70% - Immediate income generating rental portfolio! Luxury Boutique Resort | Proven Short-Term Rental Portfolio | Build-Ready Lots | Commercial Expansion | Condo-Platted Flexibility A rare opportunity to acquire a proven luxury short-term rental and legacy lakefront estate positioned near the North Shore and Lutsen on the pristine shores of Ninemile Lake near Finland. Following exceptional 2025 and 2026 winter seasons driven by snowmobile tourism and year-round destination demand, the property has experienced outstanding occupancy performance, with the existing rental cabins already over 70% booked for the remainder of 2026 — validating the strong demand for luxury lodging inventory in this highly sought-after recreation market. Surrounded by the breathtaking beauty of the Superior National Forest, this extraordinary waterfront development combines luxury craftsmanship, income generation, development flexibility, and unmatched outdoor recreation in one irreplaceable offering. Due to active guest reservations and ongoing income-producing occupancy, showings for rental cabins are by appointment only and subject to guest schedules. Designed for both privacy and gathering, the property is ideal for boutique hospitality operations, co-ownership opportunities, corporate retreats, multi-family use, or continued luxury vacation rental operations. Each of the three existing structures features its own unique architectural style, layout, and design aesthetic while still flowing cohesively together as a thoughtfully curated luxury compound. Constructed between 2015–2022, the homes showcase exceptional craftsmanship, timeless design, and luxury-grade materials selected to complement the surrounding wilderness setting. Two residences currently operate as successful short-term rentals with strong year-round demand driven by boating, fishing, hiking, skiing, snowmobiling, ATV recreation, and North Shore tourism. In addition to the established income-producing cabins, the owner’s current private residence presents substantial upside as a future third luxury rental accommodation. Unlike many expansion opportunities requiring years of approvals and infrastructure investment, this structure is already completed, fully functional, and positioned for relatively seamless integration into the existing rental operation if desired. Adding significant long-term value, the property benefits from grandfathered short-term rental positioning — an increasingly rare asset in many North Shore-area markets where vacation rental restrictions continue tightening. Future expansion opportunities are exceptionally rare and include six additional build-ready condo-platted lots with shared septic and well infrastructure already installed, dramatically reducing future development costs and timelines. Buyers may continue expanding the existing vision, bring their own builder, or partner with the original developer. The offering also includes an oversized commercial-zoned parcel approved for future hospitality-oriented development including a restaurant/bar, boutique motel, clubhouse, event venue, fitness center, or expanded lodging accommodations. Existing architectural plans are available. With over 1,800 feet of shared shoreline, breathtaking sunset lake views, year-round recreation, nearby restaurants and trails, and exceptional wildlife viewing including moose sightings, this property delivers an experience that simply cannot be recreated. Whether envisioned as a luxury boutique resort, hospitality investment, private family compound, phased development project, or multi-generational legacy estate, this is an increasingly rare opportunity to control premium Northwoods shoreline with immediate income generation and extraordinary long-term upside potential. They are not making more shoreline. Opportunities like this are exceptionally rare.
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FeaturesGeneralLiving Area 1607
Sewer Other Septic System Compliant - Yes Shared Septic
Heating Ductless Mini-Split Fireplace(s) In-Floor Heating Zoned
Cooling Ductless Mini-Split
Roof Age 8 Years or Less Architectural Shingle Pitched
Appliances Air-To-Air Exchanger Dishwasher Dryer Electric Water Heater ENERGY STAR Qualified Appliances Fuel Tank - Rented Microwave Other Range Refrigerator Stainless Steel Appliances Tankless Water Heater Was
HOA Fee 120
Garage Spaces 1
Association Fee Includes Beach Access Dock Lawn Care Other Maintenance Grounds Parking Recreation Facility Sanitation Shared Amenities Snow Removal Water
Pool Features None
Construction Materials Concrete Frame
Year Built 2022
Electric Circuit Breakers 200+ Amp Service
View Lake Panoramic West
Levels Two
Property Subtype Single Family
Tax Year 2025
Waterfront Features Association Access Dock Lake Front Lake View Shared
Accessibility No Stairs External
Assoc Fee Paid Per Monthly
County Lake
New Construction N
Property Type Residential
Association Amenities Beach Boat Slip Dock Other
HOA Y
Contingency None
Other Structures Other
Full Baths 0
Directions From Hwy 61: Left on Hwy 1 W Rt onto County Hwy 7 Left on Village Drive Home on right.
City Finland
Association Name Unorganized Territory
High School District Lake Superior
Zoning Description Other Shoreline Residential-Single Family
Lot Size Units Acres
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2302
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Amenities Unit Balcony Ceiling Fan(s) Deck Dock Kitchen Center Island Kitchen Window Local Area Network Natural Woodwork Other Patio Paneled Doors Porch Panoramic View Boat Slip Unspecified Vaulted Ceiling(s) Washe
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InteriorBasement None
Total Fireplaces 1
Fireplace Features Free Standing Gas Living Room
Basement (Y/N) N
Fireplace Y/N Y
Above Grade Finished Area 1607
Half Baths 0
1/4 Baths 0
3/4 Baths 2
Laundry Features Gas Dryer Hookup Main Level Other In Unit Washer Hookup
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 2
Bath Desc Main Floor 3/4 Bath Other Upper Level 3/4 Bath Walk-In Shower Stall
Dining Room Description Breakfast Bar Breakfast Area Eat In Kitchen Informal Dining Room Kitchen/Dining Room Living/Dining Room Other
Fuel Electric Propane
Garage Square Feet 356
Waterfront Feet 180
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ExteriorFencing None
Parking Features Attached Garage Gravel Electric Finished Garage Garage Door Opener Heated Garage Insulated Garage Other Storage
Lot Features Accessible Shoreline Irregular Lot Tree Coverage - Heavy Underground Utilities
Water Source Drilled Shared System Well
Lot Size Area 0.18
Building Area Total 1607
Lot Dimensions getting
Waterfront Y/N Y
Foundation Area 714
Road Frontage Type State Road
Road Responsibility Association Maintained Road Public Maintained Road
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* Excluded FeaturesList ByKeller Williams Classic RealtyBroker
megansteinmetz@kw.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,902
- Monthly Property Taxes
- $192
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Finland, MN
Average List Price $455,686
Percent of Sale Price 19%
About Finland, MN 192 Population
-9% Since 2002
$ 49,079 Median Income
56.45 Median Age
14% Households with Children
Trends Information provided by ATTOM Data Solutions.
3048328 Elementary School
3048671 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/15/2026 | $564,900 | | Listed Price |