Spirit Cove Lodge

Garfield, Minnesota

Asking Price: USD $849,000
Guest Rooms: 7    7
Owners Quarter: 3    1

Property Overview

Well maintained and a beautiful setting on 22+ acres with a private unnamed lake, complete with established trails. There is a Morton Building for storage plus the oversized garage. The location is centrally located in the heart of the lakes and Alexandria, Minnesota. Easy access to I94 between Minneapolis, MN and Fargo, ND.

Nestled on over 22 picturesque acres, this stunning lodge-style home offers as much beauty inside as the land that surrounds it. If you're searching for a peaceful retreat with room to breathe, this property is truly must-see. From the moment you step onto the charming covered front porch, you'll feel the warmth and welcome of this exceptional home. Inside, the spacious great room boasts expansive views of the woods and water—setting the tone for comfort and tranquility. Featuring 7 bedrooms and 7 bathrooms, there's space for everyone—whether hosting extended family, accommodating a growing household, or exploring multigenerational living. Most bedrooms include its own private bath, making busy mornings a breeze—especially for teens and tweens! The main floor kitchen is a chef’s dream, with an open layout, abundant natural light, granite countertops, and stainless-steel appliances. The cozy loft above offers flexibility for a kids’ play area, home office, or quiet reading nook. You'll find three bedrooms on the main level, including a primary suite, while the patio level features four additional bedrooms, a rec room, second kitchen, and 2 laundry rooms. This level walks out to multiple areas that overlook the serene yard and environmental lake. Nature lovers will delight in the groomed trails that wind through the acreage, ideal for peaceful walks, snowshoeing, or simply soaking in the beauty of the landscape. Wildlife abounds, with regular sightings of deer, pheasants, owls, and turkeys—adding an enchanting, ever-changing backdrop to daily life. Recent updates include a new roof in 2022, and high-efficiency forced-air furnace in 2023. The heated garage includes a canning kitchen, and the pole building offers ample space for year-round storage. Located just minutes from Alexandria with easy access to I-94, this property provides the perfect balance of privacy and convenience. Whether you envision it as a single-family haven, a multi-generational home, a retreat center, or even an investment rental property, the possibilities are endless. Don’t miss this rare opportunity—schedule a showing today. You won’t be disappointed

About the Owner's Quarters

The owner's suite consists of 2 bedrooms, kitchen, living/dining room, private garage, laundry and a walk out to the patio area. This could be added to the rental space also.

Features:
  • Has a Barn Barn
  • Has a Barn Romantic
  • Waterfront Property Waterfront
Lifestyle:
  • Near the Beach Beach
  • Nearby Winery / Brewery Winery
  • Close to Fishing Fishing
  • Includes a Restaurant Golf
  • Near Skiing Ski
Business Description:

Sellers are retiring, they are not selling the business, as it has not been promoted actively. Current guests are repeat or referral, so they don't want someone to base a decision on their books. It could certainly continue as a successful B&B, Short term rental, senior living, and investment property or just a very nice home on 22+ private acres. A great number of furnishings could be purchased also.

Terms of Sale:

Cash to Seller.

Valuation & Mortgage Calculator:
30 Years Fixed
n/a % Interest
  • Loan Amount
  • Principle and Interest
  • Cash Flow
  • DSCR $0
  • Cap Rate $0
  • ROI $0
Listed By
Julie L. Rambow (Listing Agent)
  320-760-1111
RANDY FISCHER REAL ESTATE INC

MLS:

6734592

Sq Ft:

5,400

Owner's Quarters Sq Ft:

1,200

Acres:

23

Year Built:

1994

Last Renovated:

2004

Years in Business:

20

MLS:

6734592
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Financial Overview

Asking Price:

USD $849,000

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