$250,000
FOR SALE5989 177th Street # 21
Faribault, Mn, 55021
MLS #6724580
Subdivision: Sesflc Addlot Of Sesflc Add
Building: 5989 177th Street
3 Beds
1/- Baths
780 sqft
$ 320.51 /sqft
Enjoy breathtaking panoramic views and unforgettable sunsets from this fully updated seasonal cabin on the shores of French Lake.This turn-key retreat offers 3 bedrooms, 1 bathroom, and a charming sunroomperfect for relaxing or entertaining. Just steps from the water, you'll love the sandy beach and high-end aluminum dock with a built-in bench. A 9x8 shed is included for convenient storage of water toys and gear, and a newer fire pit is ready for evening gatherings.Inside, the warm knotty pine interior has been tastefully updated throughout, featuring new siding, roof, windows, kitchen, bath, flooring, plumbing, electrical, and appliancesensuring comfort and peace of mind.Located on the highly sought-after French Lakean 875+ acre recreational lake known for its great fishing and proximity to local restaurantsthis property is part of the Southeast Shoreline French Lake Cooperative. The co-op includes 26 cabin owners who jointly own 115.6 acres, including approximately 75 acres of leased cropland.Dont miss this rare opportunity to own a pristine lakeside getaway that combines natural beauty, and a unique ownership model.Ownership Details:This turn-key cabin includes one ownership share in the Southeast Shoreline French Lake Cooperative. Cabins are considered personal property located on common ground, with each unit representing one co-op share.Annual co-op fee: $500 (covers electricity for common well and septic, road maintenance, and well testing)French Lake Association fee: $50/yearServed by a shared well and updated sewer systemOwnership Transfer & Restrictions:Transfer is handled by the co-op attorney via an Assignment & Assumption Agreement and Bill of Sale recorded with Rice CountyCash purchase or financing through a small local bank (traditional mortgages are not available)No long-term campers, subleasing, or short-term rentals permittedFull Cooperative Rules & Bylaws are available in the supplementsQuestions? Dont hesitate to askthis is a one-of-a-kind chance to own a beautiful cabin on French Lake!
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Listing Courtesy of: Bald Eagle Realty LLC
