8383 Izatys Road, Onamia, MN 56359

$3,500,000
Property Type: Commercial Lot Size (sq. ft.): 21,126,600 Status: Closed
Current Price: $3,500,000 List Date: 11/28/2023 Last Modified: 6/08/2025

Overview

Description

Izatys is on the brink of its exciting next chapter, continuing legacy that dates back to the 1920s. Nestled along the picturesque shores of Lake Mille Lacs, this iconic resort has stood as a beacon of premier hospitality for decades. The unforgettable 18-hole 'Black Brook' golf course, a masterful design by Harbottle that leaves an indelible mark on every golfer's memory. Your options here are as vast as the sprawling 485 acre property itself. Choose a stay in one of the 28 hotel rooms, host a conference, or celebrate love with a wedding at the lake. Dine at the clubhouse, while fishing enthusiasts find paradise on the lake. Included is 150 feet of lakeshore, 33 boat slips with ample dock space and all the equipment to operate the resort. So many opportunities for the future. Overall, Izatys Resort combines natural beauty with amenities, making it an attractive destination for vacationers, golf enthusiasts, event planners, and anyone seeking a retreat in a scenic lakeside setting.

Listing Details MLS# 6463540

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
100
Waterfront Frontage
150
Waterfront Present
Yes
Year Built
1987
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
10800
Lake/Waterfront Name
Mille Lacs
For Sale or Lease
For Sale
Acres
485
Lot Dimensions
1x1x1x1
Assessment Pending
Unknown
Garage Stalls
0

Property Features

Accessible: Accessible Elevator Installed; Doors 36"+; Hallways 42"+; Partially Wheelchair Amenities Shared: Boat Slip; Deck; Dock; Elevator(s); Sauna CMU Style: Resort Commercial Kitchen Appliances: Cookware/Utensils; Dishwasher; Flat Top; Freezer; Fryer; Grill; Ice Machine; Oven; Pre-Piped Fire Suppression System; Prep Station; Refrigerator; Shelving and Racks; Walk-In Cooler/Freezer; Warming Table Construction Status: Previously Owned Current Use: Event Space; Food Service; Hotel/Motel; Recreational; Resort; Tavern/Lounge Exterior: Brick/Stone; Cedar; Vinyl Fuel: Natural Gas Heating: Baseboard; Boiler; Forced Air Internet Options: Cable Loan Terms: Cash; Contract for Deed; Conventional Lock Box Type: None Lot Description: On Golf Course; Tree Coverage - Medium Miscellaneous Information: Gas Pump On Site Utilities: Electric Common Parking Characteristics: Paved Lot Rental License Type: Standard Sewer: City Sewer/Connected; Private Sewer; Shared System Water: Drilled; Well

Contract Information

Off Market Date
2023-12-14
Closed Date
2024-02-14
Sales Close Price
3500000
Contingency
None
ListPrice
4000000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
8383
Street Name
Izatys
Street Suffix
Road
Postal City
Onamia
County
Mille Lacs
State
MN
Zip Code
56359
Complex/Dev/Subdivision
Izatys Twnhs

Assessments

Tax With Assessments
30612
Assessment Balance
0

Building Information

Building Finished SqFt
44688

More Information

Lake Details

Lake Acres
128250
Lake Depth
42

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No
Gas Pump
Yes

Ownership

Fractional Ownership
No

Public Survey Info

Range#
26
Section#
11
Township#
42

Sale Options

Sale Includes
Building, Business, Fixture/Equipment, Land

Unit Details

Total Units
28

Office/Member Info

Association
GLAR
MLSID
RMLS

Location, Tax and Other Information

Listing City
Onamia
Map Page
999
Municipality
South Harbor Twp
Rental License?
Yes
School District
Onamia
School District Phone
320-532-4174
DNR Lake ID#
48000200
DNR Lake Classification
General Development
Lake Chain
N
Zip Plus 4
7841
Property ID Number
174030204
Tax Year
2023
Tax Amount
30612
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Izatys is on the brink of its exciting next chapter, continuing legacy that dates back to the 1920s. Nestled along the picturesque shores of Lake Mille Lacs, this iconic resort has stood as a beacon of premier hospitality for decades. The unforgettable 18-hole 'Black Brook' golf course, a masterful design by Harbottle that leaves an indelible mark on every golfer's memory. Your options here are as vast as the sprawling 485 acre property itself. Choose a stay in one of the 28 hotel rooms, host a conference, or celebrate love with a wedding at the lake. Dine at the clubhouse, while fishing enthusiasts find paradise on the lake. Included is 150 feet of lakeshore, 33 boat slips with ample dock space and all the equipment to operate the resort. So many opportunities for the future. Overall, Izatys Resort combines natural beauty with amenities, making it an attractive destination for vacationers, golf enthusiasts, event planners, and anyone seeking a retreat in a scenic lakeside setting.
Directions
From State Hwy 169 North of Onamia, take State Hwy 27 to 85th Ave. to the resort

Accessible

Accessible Elevator Installed
Yes
Doors 36"+
Yes
Hallways 42"+
Yes
Partially Wheelchair
Yes

Amenities Shared

Boat Slip
Yes
Deck
Yes
Dock
Yes
Elevator(s)
Yes
Sauna
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes
Cedar
Yes
Vinyl
Yes

Fuel

Natural Gas
Yes

Heating

Baseboard
Yes
Boiler
Yes
Forced Air
Yes

Internet Options

Cable
Yes

Lake/Waterfront

Lake Front
Yes

Lock Box Type

None
Yes

Lot Description

On Golf Course
Yes
Tree Coverage - Medium
Yes

Parking Characteristics

Paved Lot
Yes

Rental License Type

Standard
Yes

Sewer

City Sewer/Connected
Yes
Private Sewer
Yes
Shared System
Yes

Water

Drilled
Yes
Well
Yes

On Site Utilities

Electric Common
Yes

CMU Style

Resort
Yes

Commercial Kitchen Appliances

Cookware/Utensils
Yes
Dishwasher
Yes
Flat Top
Yes
Freezer
Yes
Fryer
Yes
Grill
Yes
Ice Machine
Yes
Oven
Yes
Pre-Piped Fire Suppression System
Yes
Prep Station
Yes
Refrigerator
Yes
Shelving and Racks
Yes
Walk-In Cooler/Freezer
Yes
Warming Table
Yes

Current Use

Event Space
Yes
Food Service
Yes
Hotel/Motel
Yes
Recreational
Yes
Resort
Yes
Tavern/Lounge
Yes

Loan Terms

Cash
Yes
Contract for Deed
Yes
Conventional
Yes
Listing Office: Century 21 Atwood
IDX
Last Updated: June - 08 - 2025
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