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Active NEW!
$1,295,000
/mo Edit
Commercial:  Resort
Built 1958
Park Rapids schools
MLS# 6736823
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    Property Description

    Welcome to Walters Resort – Your Minnesota Lakefront Retreat Nestled on the tranquil shores of one of Minnesota’s pristine lakes and along the Mantrap Chain, Walters Resort offers an unbeatable combination of natural beauty, modern comfort, and classic Northwoods charm. Whether you're seeking a family-friendly vacation spot, a peaceful fishing getaway, or a turn-key investment opportunity, this property delivers. Property Highlights: Prime Lakefront Location: Enjoy private shoreline access perfect for boating, swimming, or relaxing with a sunset & sunrise view. Multiple Cabins/Lodging Options: Well-maintained cabins with rustic elegance, each featuring full kitchens, cozy living areas, and outdoor space. 4 brand new seasonal campsites with new well, septic and pump house with 6' deep water lines and separately metered electric including 20, 30, & 50 amp hook-up. Onsite Amenities: Fish cleaning house, fire pits, grills, boat rentals, docks, swimming platform, kayaks, canoes, and recreational areas for guests of all ages. Ability to enjoy summer lake life, fall colors, winter ice fishing, and spring wildlife watching. Location Location Location! Zorbaz: 0.2 miles (ATV/Snowmobile trail accessing the Paul Bunyan State Forest) Dorset: 1.8 miles (Restaurants, ice cream shop, retail, antique shops, heartland trail, etc.) Nevis: 7.3 miles Park Rapids: 8.4 miles Itasca State Park (Mississippi Headwaters): 26 miles (over ½ million visitors/year) Expansion Potential: Additional 9.19 adjacent acres available with 3-bedroom lake front, year-round renovated home with new well and septic and proposed 12 added seasonal campsites. Available for purchase with the 8 cabins offered! Whether you're looking to continue its legacy as a cherished lakeside resort or explore development opportunities, Walters Resort is a rare find in the heart of Minnesota’s outdoor paradise.

    Listing

    Contingency: None
    City: Lake Emma Twp
    County: Hubbard
    State: MN
    Property Style: Resort
    Zip Code: 56470

    Exterior

    Stories: One
    Garage Spaces: 4
    Garage Size: 1,152 ft2
    Other Parking Spaces: 14
    Air Conditioning: Ductless Mini-Split, Wall Unit(s)
    Foundation Size: 450 ft2
    Handicap Accessible: Other
    Heating System:
    • Baseboard
    • Fireplace(s)
    • Space Heater
    Parking Features: Off Site
    Shared Amenities:
    • Beach
    • Boat Slip
    • Dock
    Unit Amenities:
    • Deck
    • Dock
    • Patio
    Exterior Material:
    • Brick/Stone
    • Log Siding
    Roof Details: Asphalt

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Ida
    Waterfront View: North, South, West
    DNR Lake ID#: 29017000
    WF Frontage: 1700
    Waterfront Slope: Level
    Lake Chain Name: N
    Lake Acres: 74
    Lake Depth: 40
    Waterfront: Lake Front

    Lot & Land

    Acres: 0
    Geolocation: 46.9811849572, -94.9528359565
    Inclusions: Building, Business, Fixture/Equipment, Land
    Lot Dimensions: Corner Lot, Irregular Lot
    Zoning:
    • Business/Commercial
    • Residential-Multi-Family

    Schools

    School District: 309
    District Phone: 218-237-6500

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,007
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,217

    Units

    Total Units: 8

    Miscellaneous

    Current Use: Resort
    Fuel System:
    • Electric
    • Propane
    • Wood
    Sewer System: Septic System Compliant - Yes
    Available Utilities: Electric Common
    Water System:
    • Drilled
    • Private
    • Sand Point
    • Shared System
    • Well

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    Listing provided by RMLS, courtesy of Rice Real Estate Services, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.