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Nazar Orishchin

nazar@ts-re.com +1(952) 846-9173

$ 675,000

Est. payment | -/mo

2 Beds

2 Baths

1,448 SqFt

Save

$ 675,000

Est. payment | -/mo

Save

2 Beds

2 Baths

1,448 SqFt

Key Details

Property Type Multi-Family

Sub Type Twin Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,448 sqft

Price per Sqft $466

Subdivision Cove Point Twnhms

MLS Listing ID 7114418

Bedrooms 2

Full Baths 2

HOA Fees $771/mo

Year Built 1999

Annual Tax Amount $6,923

Tax Year 2025

Contingent None

Lot Size 1,742 Sqft

Lot Dimensions IRG

Property Sub-Type Twin Home

Property Description

Nestled along the shores of Lake Superior in Beaver Bay is Bears Den — one of Cove Point Lodge resort's top-performing and highest rental revenue-producing cottages. This is a rare opportunity to own both a luxury North Shore retreat and an exceptional income-generating property. This highly sought-after 2-bedroom cottage has become a true destination getaway, welcoming returning guests year after year who come to experience the unmatched peace, privacy, and beauty of Minnesota's North Shore. Offered fully furnished and completely turnkey, the cottage includes a beautifully updated and fully equipped kitchen, custom furnishings, curated artwork, large stone wood burning fireplace and quality linens — everything needed to continue its successful rental operation from day one. Surrounded by towering pines and the soothing sounds of crashing waves, Bears Den offers the perfect escape from the pace of everyday life. The spacious owner's suite features a second fireplace and a deep jetted soaking tub positioned to capture spectacular lake views, creating a serene spa-like retreat unlike anything else on the shore. Meticulously maintained and thoughtfully updated, this cottage perfectly blends rustic Northwoods charm with modern comfort. Spend cozy evenings by the fire watching movies, relax on one of the most private decks in the resort with a book and fresh lake breeze, or gather around the community bonfire near the fish house with fellow North Shore enthusiasts. New boiler, on demand water heater. hardwood floors and deck, new Jacuzzi tub last year. Outdoor recreation is right outside your door, with direct access to the Superior Hiking Trail and the Gitchi-Gami State Trail. Iconic NorthShore destinations including Split Rock Lighthouse, Gooseberry Falls State Park, and Tettegouche State Park are all just minutes away, while Duluth and its dining, shopping, and entertainment are less than an hour's drive along the breathtaking Scenic Highway 61corridor. Owners and guests also enjoy convenient access to the amenities of Cove Point Lodge, including the indoor swimming pool, hot tub, and sauna at no additional charge, as well as the renowned Cove Point Restaurant. Use The Bears Den as your own private retreat or stay in the rental pool and choose to rent out at times for great revenue!

Location

State MN

County Lake

Zoning Other

Rooms

Basement Crawl Space, Unfinished

Interior

Heating Hot Water

Cooling None

Fireplaces Number 2

Fireplaces Type Gas, Wood Burning

Fireplace Yes

Exterior

Parking Features Asphalt

Pool Indoor, Shared

Waterfront Description Lake Front

View Panoramic

Road Frontage N

Building

Story Two

Foundation 1448

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District Lake Superior

Others

HOA Fee Include Building Exterior,Heating,Lawn Care,Maintenance Grounds,Sanitation,Sewer,Shared Amenities,Snow Removal,Water

Listed by Alex Chapek • Odyssey Real Estate Group

NEARBY SCHOOL & BUSINESS

+1(952) 846-9173

nazar@ts-re.com

1609 Hennepin Ave, Minneapolis, MN 55403

4576 Cove Side Cottages #410 Beaver Bay, MN 55616