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Jenn Smart

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Unit 1 Flag Island , Angle Inlet, MN 56711
$299,000
Est. Payment: $1,531.31/mo
4 Bed
2 Bath
1296 Sqft
Status: Active | Days on site: 1
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House Description

Wood Duck Cabin – Turnkey Waterfront Investment on Flag Island, Lake of the Woods Welcome to Wood Duck Cabin, a beautifully maintained waterfront duplex located at Cyrus Flag Island Resort on scenic Flag Island, Minnesota. Offering the perfect combination of personal enjoyment and income potential, this fully furnished, turnkey property is part of the resort's rental pool, providing an excellent opportunity for investment while still enjoying your own getaway. The cabin features 4 bedrooms/8 beds and 2 bathrooms total, configured as a duplex with two 2-bedroom, 1-bath units, making it ideal for extended family, friends, or rental flexibility. The two units are connected by a shared four-season porch featuring a cozy gas fireplace and overlooking beautiful Lake of the Woods. It's the perfect gathering space to relax, entertain, or enjoy the stunning waterfront views in every season. Inside, you'll appreciate the warm Northwoods charm with tongue-and-groove finishes throughout, creating a welcoming cabin atmosphere that's ready to enjoy from day one. Located just steps from the water, you'll have quick access to world-class fishing, boating, hunting, snowmobiling, and endless year-round recreational opportunities. The property includes dock slips, making it easy to spend your days on beautiful Lake of the Woods. Owners also enjoy the convenience of a dry basement storage area, while the HOA provides shared well and sewer services, making ownership simple and low maintenance. Being part of the Cyrus Flag Island Resort rental pool offers excellent income potential while still allowing you to enjoy your own island getaway. Best of all, this property is being sold fully furnished and turnkey, so you can start enjoying or renting it immediately. Whether you're looking for an income-producing investment, a family retreat, or both, Wood Duck Cabin is a rare opportunity to own waterfront property in one of Lake of the Woods' most sought-after island destinations.

Highlights

Listed by Gregg Hennum , 218-395-0414 Reed Realty , 218-634-1810. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Residential

Lot/Acreage
0.2

HOA Fee

4909 Annually

Year Built

2000

County

Lake of the Woods

School District

Warroad

Listing ID

7122121

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dishwasher, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Range, Refrigerator
Air Cond:Central Air
Fireplaces:Gas
Above Ground Sq Ft:1296
Below Ground Sq Ft:0
Basement:Block,Storage Space
Other:
  • Additional:Ceiling Fan(s), Deck, Dock, Kitchen Window, Main Floor Primary Bedroom, Natural Woodwork, Patio, Porch, Boat Slip, Vaulted Ceiling(s), Main Floor Full Bath, Kitchen/Dining Room, All Living Facilities on One Level, Main Floor Bedroom
Water:Shared System

Exterior Features

Lot:Lake Front,Tree Coverage - Light,Waterfront
Lot Dimensions:90x74x116x48
Zoning:Other
Roof:Asphalt
Sewer:Shared Septic
Parking Features:Gravel,Shared Driveway
Principal Interest
$1,531
Taxes
$192
HOA
$4,909

Home Price

$299,000

Loan Details

30 yrs
6.623%

Down Payment

20%
$59,800
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Monthly Price:
$1,531.31

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,531.31 $192.17 $4,909.00 $6,632.47
Yearly $18,375.69 $2,306.00 $58,908.00 $79,589.69
Total $551,270.70 $69,180.00 $1,767,240.00 $2,387,690.70
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So-Crates Johnson
Dust, Wind, Dude
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Data last updated: 2026-09-10T09:03:07.000Z

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