PCL 4500 Nungesser LK, Red Lake

$2,000,000

For sale: Other

Other at PCL 4500 Nungesser LK, Red Lake
Property type
Other
MLS®
MLS® TB2600725
Neighbourhood
Red Lake

This camp is what dreams are made of! It may be exactly the opportunity you've been searching for: a beautiful established resort property with a high occupancy rate and a very strong percentage of repeat clientele year over year. Located on Nungesser Lake which is a fresh water lake and the head water of the entire Gull Rock, Keg, Red, Little Vermilion, Nungesser Lake Chain. It is approximately 18.5 miles long and has approximately 30,000 acres of fish holding structures. The property features 10 guest cabins accommodating 66 guests as well as a main lodge with living quarters, workshop/ storage shed, laundry house, office/store, bait house and an updated docking system that accommodates up to 26 boats. Recent upgrades include brand new cabin 3, 4 and 5, office and store building done in 2019, portage landing rebuilt, new septic system, and major renovation of cabin 9. The pride of ownership with this camp is undeniable. Maybe you're looking for a way to escape the mundane hustle and bustle of every day life, and you love the outdoors? Here's a way to make a great living surrounded by nature.

Sold data

Homes in Red Lake — recent sold market

Homes in Red Lake took a median of 38 days to sell over the last 365 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 65, across 40 recorded sales.

The median sale price was $204,450.

Homes sold for about 3.5% below asking on average, so there was room to negotiate.

About 10% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
39
Median sale price
$204,450
Sale-to-list ratio
96.5%
Sold above asking
10%

Based on 40 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Red Lake

Red Lake has 3 Fraser Institute–rated schools (2 elementary and 1 secondary), averaging 6.1/10.

Rated schools
3
Elementary
2
Secondary
1
Average rating
6.1 / 10

Top-rated schools in Red Lake

  • Red Lake Madsen — elementaryFraser rating 10.0/10
  • St John — elementaryFraser rating 5.1/10
  • Red Lake — secondaryFraser rating 3.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near PCL 4500 Nungesser LK