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$849,900
/mo Edit
Single Family:  1.5 Stories
4 br ā€¢ 3 ba ā€¢ Built 1978
2,214 sqft ā€¢ 0.26 acres
Isle schools
MLS# 6677320
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    Property Description

    Discover the perfect blend of luxury, lifestyle, and investment nestled on the coveted shores of Malone Island on Mille Lacs Lake. This beautifully renovated four-bedroom, three-bathroom lake home offers 2, 214 square feet of thoughtfully designed living space, ideal for those seeking a high-end waterfront retreat with proven income potential. Featuring 71 feet of private shoreline, a walkout lower level with gentle lake access, and breathtaking views from an expansive balcony, this property delivers everything today's discerning buyer desires in a lake home. Every detail has been carefully curatedā??from two cozy gas fireplaces and modern finishes throughout to a spacious lakeside yard with room for outdoor games and entertaining. Whether you're enjoying a peaceful weekend escape or maximizing rental income through the property's successful Airbnb history, this home offers unparalleled flexibility and value. With a strong history of short-term rental revenue and the capacity to serve as a personal getaway or full-time residence, the investment opportunity is as compelling as the lifestyle. Located on Malone Island, this property is close to the Twin Cities yet feels a world away, offering privacy, access to outdoor adventure, and a tranquil lakefront setting. This is a rare opportunity to own a turn-key waterfront property with immediate income potential, luxurious amenities, and timeless appeal on one of Minnesotaā??s largest and most beloved lakes.

    Listing

    Contingency: None
    Price per sq ft: $384
    City: Isle
    County: Mille Lacs
    State: MN
    Property Style: 1.5 Stories
    Zip Code: 56342
    Subdivision Name: Malone Island Estates

    Interior

    Living Area: 2,214 ft2
    Common Wall: No
    Appliances Included:
    • Dishwasher
    • Disposal
    • Dryer
    • Exhaust Fan
    • Gas Water Heater
    • Microwave
    • Range
    • Refrigerator
    • Stainless Steel Appliances
    • Washer
    Fireplace Details: Gas
    Basement Details:
    • Finished
    • Full
    • Walkout

    Exterior

    Stories: One and One Half
    Garage Spaces: 2
    Garage Dimensions: 31x24
    Garage Size: 744 ft2
    Garage Door Height: 7
    Air Conditioning: Central Air
    Foundation Size: 900 ft2
    Foundation Dimensions: 30x30
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Detached
    • Garage Door Opener
    • Heated Garage
    • Insulated Garage
    Unit Amenities:
    • Ceiling Fan(s)
    • Deck
    • Dock
    • Kitchen Center Island
    • Kitchen Window
    • Main Floor Primary Bedroom
    • Panoramic View
    Road Frontage:
    • City Street
    • Paved Streets
    Exterior Material: Fiber Cement
    Pool: None
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: None
    Half Baths: None
    3/4 Baths: 3
    Bathroom Details:
    • 3/4 Basement
    • Main Floor 3/4 Bath
    • Upper Level 3/4 Bath
    Dining/Kitchen: Living/Dining Room
    Upper Level Size Sq Ft
    Bedroom 2  16 x 14  224 
    Bedroom 3  16 x 10  160 
    Bathroom  —  — 
    Main Level Size Sq Ft
    Living Room  24 x 12  288 
    Dining Room  8 x 12  96 
    Kitchen  13 x 11  143 
    Bedroom 1  12 x 11  132 
    Bathroom  —  — 
    Deck  —  — 
    Foyer  10 x 10  100 
    Lower Level Size Sq Ft
    Family Room  22 x 13  286 
    Bathroom  —  — 
    Bonus Room  —  — 

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Mille Lacs
    Waterfront View: Lake, North, Panoramic, West
    DNR Lake ID#: 48000200
    WF Frontage: 71
    Elev Highpt to WF feet: 0-4
    Waterfront Slope: Gradual
    Lake Chain Name: N
    Lake Acres: 128250
    Lake Depth: 42
    Waterfront: Lake Front
    Lake Bottom:
    • Excellent Sand
    • Hard
    • Sand

    Lot & Land

    Acres: 0.26
    Geolocation: 46.151694, -93.473382
    Lot Dimensions: 71 x 128
    Zoning:
    • Residential-Single Family
    • Shoreline
    Lot Description:
    • Accessible Shoreline
    • Island/Peninsula
    • Tree Coverage - Medium

    Schools

    School District: 473
    District Phone: 320-676-3146

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $5,713
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,728
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Listing provided by RMLS, courtesy of eXp Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.