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Cove Point Lodge 4576 Cove Side Cottages Unit 410 , Beaver Bay, MN 55616
$675,000
Est. Payment: $3,487.37/mo
2 Bed
2 Bath
1472 Sqft
Status: Active | Days on site: 4
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49164 - 500501645,500503132
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House 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.

Highlights

Listed by Carrie Lee , 218-820-4432 and Colette Huston , 218-821-0973 eXp Realty , 612-751-9303. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Condo/Townhome

Lot/Acreage
0.04

HOA Fee

411.18 Monthly

Year Built

1999

County

Lake

Neighborhood

Cove Point Twnhms

School District

Lake Superior

Listing ID

7136347

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Above Ground Sq Ft:1472
Below Ground Sq Ft:0
Basement:Crawl Space,Unfinished
Other:
  • Additional:Hardwood Floors, Hot Tub, Kitchen Window, Main Floor Primary Bedroom, Natural Woodwork, Paneled Doors, Porch, Panoramic View, Tile Floors, Main Floor Full Bath, Upper Level Full Bath, Kitchen/Dining Room, Living/Dining Room, Main Floor Bedroom
Water:Shared System

Exterior Features

Lot:Lake View,Accessible Shoreline,Tree Coverage - Medium,Underground Utilities,Zero Lot Line
Lot Dimensions:34x88
Zoning:Business/Commercial,Other,Shoreline
Roof:Asphalt
Sewer:City Sewer/Connected
Parking Features:Asphalt
Principal Interest
$3,487
Taxes
$527
HOA
$411

Home Price

$675,000

Loan Details

30 yrs
6.708%

Down Payment

20%
$135,000
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Monthly Price:
$3,487.37

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $3,487.37 $526.92 $411.18 $4,425.46
Yearly $41,848.41 $6,323.00 $4,934.16 $53,105.57
Total $1,255,452.16 $189,690.00 $148,024.80 $1,593,166.96
Lender profile image
Will Provost
Loan Originator
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Data last updated: 2026-09-06T04:57:07.000Z

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