Whiteface Reservoir Lot 1 Fact Sheet
2451 South Branch Trail
Whiteface Reservoir - Harris Bay Subdivision
Lot 1 Block 2
T.56N. R.14W.
Price - $90,000
Lot No. 1 averages approximately 175 feet wide by 600 feet deep and has about 230 feet of lake frontage, containing approximately 2.2 acres. It is our understanding that this is a buildable lot as defined by the St. Louis County Zoning Ordinance. Prospective leaseholders are urged to confirm this fact before submitting an offer.
Lot No. 1 is mostly high ground with rolling topography and a moderate slope down towards the water. Tree cover consists primarily of Quaking Aspen, Birch, and Balsam Fir. This lot has a new septic system which was installed in 2003, a small shed, as well as concrete posts for a 26x38 building. .Prospective leaseholders are encouraged to make their own on-site inspection of the property.
RESERVOIR WATER LEVELS:
Whiteface Reservoir is a water storage reservoir used in association with Minnesota Power’s hydroelectric power generation downstream on the St. Louis River. Federal licensing requires Minnesota Power provide specific water releases from the Whiteface Reservoir Dam throughout the year, which may effect water levels under certain conditions. In most years, the reservoir is full during the summer months. The shoreline is very shallow and muddy which makes the lot ore suitable to non-motorized watercraft use.
DIRECTIONS:
Road access is north from Duluth on County Road No. 4 to Camp 26 Road, then N.E 4.5 miles to W. Linwood Lake Rd, 1.4 miles to South Branch Trail following the directional signs to the lot.
FEES/OFFERS:
No rent is due in this current calendar year. The yearly lease fee for the next calendar year on this lot is based on 2.5% of the lot value (adjusted annually). The yearly lease fee for 2010 on this lot was estimated to be $2387.50. Leaseholders are also required to pay all taxes assessed on the lot and any taxable structures built on the property. The Taxes assessed on this lot in 2010 are $1,064.90.
If you wish to submit an offer on this lot, please contact our ShoreLand Traditions® Office via one of the methods listed below.
MINNESOTA POWER RESERVES THE RIGHT TO REJECT ANY AND ALL OFFERS
Telephone and E-mail are the most efficient and timely methods for submitting an offer. Please consider the speed of communication when selecting a method
| Phone: |
(218) 723-3981 or 1-888-526-3648 |
| FAX: |
(218) 720-2527 |
| E-mail: |
landinfo@mpland.com |
| US Mail: | Minnesota Power ShoreLand Traditions 30 West Superior St Duluth, MN 55802 |