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Own Your Own Mountain Top by Action Auction

5292 Morning Star Loop, Finland, MN 55603

Current Bid: $150,000.00
Next Required Bid: $151,000.00

Reserve Not Met

High Bidder: # 209795
Scheduled Close
11/01/2019
07:00 pm CDT
1w 4d

LOOKOUT MOUNTAIN 

YouTube Links of Property on Bottom Of Page

Once in a lifetime opportunity to own A LARGE PLOT on one of the highest points in MN. Overlooking Lake Superior.
Once in a lifetime
 opportunity to own A LARGE PLOT on one of the highest points in MN. Overlooking Lake Superior.

360 degree views with 43 homes and RV pads for camping. Groomed trails throughout the 100 acres, all surveyed.

Former Air Force Base housing, featuring 2 & 3 bedroom houses in two separate areas of the property.

Included are five parcels with central septic and one well servicing this historical area.

Groomed trails for snowmobile, 4 wheelers, Hiking, Ball Diamond, Undergound Storm Shelter, Possible Bush Pilot Strip and so much more. 

Must see to appreciate the beauty and potential.

 

PERFECT for …Inter-Generational Family Vacation Spot…(What a Legacy to Leave for Your Children and Grand Children!)…Church Camp…(What a Legacy to Leave for Your Church Community!)…Kinda Like Owning Your Own Town…Investment Property for Rentals or Resale…

 Location

County: Lake

Driving Directions: Hwy 61 from Duluth North to Cty Rd 1 (at Illgen city), left to Finland to Co Rd 7 about 1 mile to Air Base Road, straight to gates at end of road

School Information

School District: 381 - Lake Superior

Heating & Cooling

Heating Type: Forced Air

Heating Fuel: Propane

 Utilities

Sewer: Shared System

Water: Well, Shared System

Structural Information

27 Homes at 5292 Morning Star Loop

16 Homes at Windsongs Drive

Construction Status: Previously Owned

Exterior Const.: Wood

Foundation Size: 1

Current Bldg. Use: Vacant, Other

Year Built: 1960

Lot Features

Lot Size (Acres): 100

Lot Dimensions: Varied and Irregular

Frontage: Paved Streets, Unpaved Streets

Development Status: Previously Owned

Zoning: Other

Lot Description: Heavy Tree Coverage, Property Adjoins Public Land

  Water Features

Water Front Name: Lake Superior

Water Front Desc.: Lake View

Water Front View: Lake

Water Front Num: 16000100

Lake Front: Yes / Distant View

Lake Acres: 1634592

Road Separates: Yes

Financial Considerations

Tax w/Assessment: $565

Total Tax Amount: Yearly Est. $2500

Tax Year: 2017

Terms: Conventional, Special Funding, Cash

Disclosures and Reports

Legal Description: NE1/4 OF NE1/4

$10,000 Earnest Money Down

Buyer Broker Compensation 2%

Need to be registered 48 hours before the  end of auction.

Tri County Abstract From St Cloud Will be handling the closing.

https://youtu.be/mN6B0BubrsE

https://youtu.be/pw9HPSOf7R8

https://youtu.be/C085nM0108k