Location, location, location! 140' +/- of Lost Island Lake Frontage and one of very few properties on the lake with commercial zoning! Built in 1951, the home has had extensive remodeling including a complete renovation in the 1980's and various additions/updates since then, including new hvac, new carpeting, and a $13,000 poly wood fence! Great income potential with the availability of up to 13 boat hoist spaces, Airbnb rental of the lakefront home and attached 1 bedroom, 1 bath guest suite! Home has a 2,400 square foot lakefront deck, large firepit area with Adirondack chairs, vaulted ceilings, stone fireplace, 4 bedrooms, 3 baths, and a basement for storage. Make your lake home pay for itself with the many income streams available!
Legal: Lengthy legal as per abstract.
Status: Active
Property Information
241112
$1,195,000
Sale
Mixed Use
COMMERCIAL
3286 335th Avenue
Ruthven
IA
51358
2767
Lost Island Lake
6106
2024
1951
Utilities
No
LISTED BY
Lakeland Realty of Iowa, Keith Brockmeyer (712.336.0400)
Having lived in Okoboji all my life, there are a wealth of memories of Arnolds Park. I, like many of the locals, miss the nostalgia of the old Roof Garden, the fun house, the water slide and much, much more. With time comes change, and the amusement park continues to reinvent itself. Currently with over 20 rides to choose from, the family is sure to have a good time. The main attraction, The Legend Roller Coaster, is the 7th oldest coaster in the United States and apparently the 13th oldest in the world. Reaching speeds of up to 50 mph, the roller coaster has undergone substantial renovations in the last year. In front of the amusement park on West Lake is the Queen II excursion boat, and Pirate Jacks Bar. The sunsets here are unparalleled. If you have a chance to visit, make sure to check out the tipsy house, the three sons, and all of the shops. Just to the east is the green space, which provides great entertainment and in 2013 OAR came to play, which is a pretty big name for Okoboji.
Miller's Bay, on the west side of West Lake is a popular spot for boaters in the summer to just go chill out, throw an anchor, and relax. On the weekends, this bay is filled with boats tied up to each other offering families the opportunity to have the kids swim, or you might find a bunch of party animals chugging beers and enjoying the summer sun. Either way, everyone is having a great time, and so if you are out and about, just know that Millers Bay is where boaters go in the summer to be where the party is at.
Bridges Bay Resort is built on the land purchased a few years prior which used to be owned by the Nielsen family of Arnolds Park. This huge complex consists of a hotel, 3 condo buildings (a 4th is under construction), and over 100 vacation cabins. A popular part of the resort is the indoor waterpark that cabin and condo owners have access to, but also, so does the public for a fee. Braccos is a fantastic summertime restaurant and bar which is frequented by boat, by car, and by foot, especially from the owners of the condos and cabins. All of the units at Bridges Bay have an opportunity for a boat hoist, and it is an extremely popular destination for out of towners looking for a vacation spot in Okoboji. Because Bridges Bay is not within the city limits, many owners utilize property management companies to help them rent their units by the day, week, and month. I've personally sold and shown many condo and cabin units and would be delighted to help.
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