For Sale: Beaver Bay MLS# 7136347
Active
NEW!
$675,000
Condo/Townhome: Side x Side
2 br • 2 ba • Built 1999
1,472 sqft • 0.04 acres
Lake Superior schools
MLS# 7136347
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Welcome to the drive you already know: north on 35, up the shore past Duluth, until somewhere along Highway 61 the week falls away. Bears Den Cottage #410 at Cove Point Lodge makes that weekend yours for good. Your cottage, your fireplace and your stretch of Lake Superior waiting at the end of it. It feels like checking into your favorite resort, because you own a piece of it.
Bears Den pairs a private North Shore retreat with Rental Income Potential through the resort's established rental program, offering reservations, front desk, housekeeping and marketing support to offset ownership costs. Cottage #410 is currently enrolled in the Cove Point Lodge rental program with advance reservations on the books. Within the rental program, owners must make the cottage available a minimum of 200 nights per year, including 100 nights June 15 through November 1. Rental revenue split 50/50.
Offered fully furnished and turnkey, the cottage lives larger than its footprint: 1, 472 square feet across two levels, with 2 bedrooms, 2 full baths and two fireplaces, sleeping four. A large stone wood-burning fireplace anchors the living area, and the owner's suite adds a gas fireplace and a jetted soaking tub (new in 2025) set to the panoramic lake view. Hardwood and tile floors, natural woodwork, a fully equipped updated kitchen, custom furnishings, curated artwork and quality linens complete the package. Recent updates include a new boiler, on-demand water heater, hardwood floors and deck. Washer and dryer hookups sit in the upstairs owners closet, plumbed for a stackable unit, an uncommon feature among the cottages here. One of the most private decks in the resort opens to towering pines and the sound of the lake.
Ownership comes with the keys to the whole resort. Swim in the indoor pool while snow piles up outside, then warm up in the sauna and hot tub after a day on the trail. Your kitchen is fully equipped, but on nights you'd rather not cook, the restaurant, The Crossings and Mickey's Fish House are steps away. The association fee ($771/month, billed quarterly) covers building insurance, firewood, snow plowing and shoveling, lawn care, grounds and building maintenance, sewer lift station and pest control, so arrival day starts at the lake, not the to-do list.
The Gitchi-Gami State Trail and the Cove Point Loop of the Superior Hiking Trail start at the resort driveway. Split Rock Lighthouse, Gooseberry Falls and Tettegouche State Parks are minutes away, with Duluth under an hour back down Scenic Highway 61.
Historical and advance reservation information and Owner Statements available upon request. This information is a snapshot and is not a guarantee of future earnings.
Evolution Team Member must be present for all showings. No showings when guests are in residence. Buyer and buyer's agent to verify all information.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$675,000
Price per sq ft:
$459
Property Type:
Condo/Townhome
City:
Beaver Bay
Garage Spaces:
0
County:
Lake
Year Built:
1999
State:
MN
Property Style:
Side x Side
Zip Code:
55616
Subdivision Name:
Cove Point Twnhms
Interior
Bedrooms:
2
Bathrooms:
2
Finished Area:
1,472 ft2
Total Fireplaces:
2
Living Area:
1,472 ft2
Common Wall:
Yes
Appliances Included:
- Dishwasher
- Electric Water Heater
- Microwave
- Range
- Refrigerator
Fireplace Details:
- Gas
- Living Room
- Wood Burning
Basement Details:
- Crawl Space
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
0
Air Conditioning:
None
Foundation Size:
856 ft2
Foundation Dimensions:
3x4x11x1x5x4x3x34x5x1x17x14x2x12x2x8
Handicap Accessible:
None
Road Responsibility:
Association Maintained Road, Private Maintained Road
Heating System:
- Baseboard
- Boiler
- Fireplace(s)
Parking Features:
Asphalt
Unit Amenities:
- Hardwood Floors
- Hot Tub
- Kitchen Window
- Main Floor Primary Bedroom
- Natural Woodwork
- Paneled Doors
- Panoramic View
- Porch
- Tile Floors
Road Frontage:
- Paved Streets
- Private Road
Exterior Material:
Block
Pool:
- Heated
- Indoor
Roof Details:
Asphalt
Rooms
1/4 Baths:
None
Full Baths:
2
Half Baths:
None
3/4 Baths:
None
Bathroom Details:
- Main Floor Full Bath
- Upper Level Full Bath
Dining/Kitchen:
- Kitchen/Dining Room
- Living/Dining Room
Laundry:
None
| Upper Level | Size | Sq Ft |
|---|---|---|
| Bathroom | — | — |
| Bedroom 2 | 17 x 16 | 272 |
| Main Level | Size | Sq Ft |
|---|---|---|
| Bathroom | 9 x 7 | 63 |
| Dining Room | 8 x 11 | 88 |
| Bedroom | 13 x 10 | 130 |
| Foyer | 8 x 6 | 48 |
| Kitchen | 10 x 10 | 100 |
| Living Room | 14 x 21 | 294 |
Lake & Waterfront
Waterfront Present:
N
Waterfront View:
Panoramic
Elev Highpt to WF feet:
4-10
Waterfront:
Lake View
Lake Bottom:
Rocky
Lot & Land
Acres:
0.04
Geolocation:
47.247104, -91.313838
Lot Dimensions:
34 x 88
Zoning:
- Business/Commercial
- Other
- Shoreline
Lot Description:
- Accessible Shoreline
- Tree Coverage - Medium
- Underground Utilities
- Zero Lot Line
Schools
School District:
381
District Phone:
2188348216
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$6,323
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,538
Association Fee Required:
Yes
Association Fee:
$411
Association Fee Frequency:
Monthly
Association Fee Includes:
- Building Exterior
- Lawn Care
- Maintenance Grounds
- Parking
- Professional Mgmt
- Sanitation
- Sewer
- Shared Amenities
- Snow Removal
Association Company:
Ledge Rock Mgmt
Association Company Number:
2188309734
Units
Unit Number:
410
Miscellaneous
Fuel System:
- Electric
- Propane
- Wood
Sewer System:
City Sewer/Connected
Water System:
Shared System
Power Company Name:
Co-op Power & Light
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.