Famous Smoky Lake Reserve for sale

The Smoky Lake Reserve.

Approx 5,909 acres of pristine and well managed timberland encompasses FIVE complete pristine lakes and partial ownership of a sixth lake!  All the lakes, except Horseshoe Lake have a rustic northwoods cabin located on them and Moose Lake is home to the large main reserve’s lodge.

Just a few of the too many other features to list; 5,700 acres of this property is enclosed by a “high fence” as it has been used as an exclusive private hunting preserve, refuge to elk and whitetail deer. An extensive road system throughout, main caretaker’s home and garages at property entrance.

Beginning May 1, 2012 through June 30, 2012, this property will be open for showings, inspections, tours, private showings and for a due diligence period. All offers are due on June 30th to LO. Buyer is required to pay a 2% Buyer Premium Fee of the accepted purchase price.

NO OFFERS PRIOR TO OFFER DUE DATE. Contact LO for data information/due diligence packet, details and requirements.

Listed by: ELIASON REALTY OF THE NORTH
More Smoky Lake Reserve Listing Details Click Here

 

Get in touch with your Realtor now for further information about this once-in-a- lifetime opportunity.

Eliason Realty’s Eagle River and St Germain sales agents:

Eagle River Sales Team: John Ariola, Keith DeVos, Denise Goldsworthy, Brian Hotmar, Bob Merz, John & Diane Misina, Brenda Schmidt, Debbie VanCaster, Norm Warner

St Germain Sales Team: Ted Gregg, Bernie Kazda, Tim Kruse & Richelle Eliason Kruse, Rick Lovdal, Chris Nickolaou

Eagle River Home For Sale

Eagle River, Vilas County, Wisconsin 54521 Home For Sale

The price is the same but it costs less

As real estate values dip to near 2003 levels and lower interest rates abound, now is the time to seriously consider buying real estate.

The PRICE Is the Same, But the COST Is Less

There is more and more research coming out showing that it makes great financial sense to purchase a home today . Whether it be rent vs. buy ratios, income-to-price ratios or income-to-mortgage payment ratios, purchasing a home right now is a bargain compared to historic norms. Now we want to look at the COST of a home today compared to pre-peak prices.

According to the most recent S&P Case Shiller price index, residential real estate values have returned to 2003 1Q PRICEs. That, in itself, says something. However, when you factor in mortgage rates, the case for buying a home today becomes even more compelling.

In 2003, 30 year mortgage rates stood at 5.88%. Today, they are 4%. How does that impact the actual COST of a home? On a home purchased for $250,000, here is the difference in monthly cost:

That means you save $285.30 a month, $3,423.60 a year and $102,708 over the life of a 30 year mortgage! You buy the home for the same PRICE but the COST is over $100,000 less.

Bottom Line

This is why so many financial advisors are saying that this may be one of the greatest times in history to purchase a home.

Source:  http://www.kcmblog.com/2011/11/16/the-price-is-the-same-but-the-cost-is-less/

Eliason Realty of the North, Inc. – Eagle River, WI and St Germain, WI real estate marketplace.  www.eliasonrealty.com
Meet our real estate professionals:  Eagle River WI Office  |  St Germain WI Office

Eagle River Chain Property announces favorable 2010 pricing

Wild Eagle Lodge on the Eagle River Chain of Lakes has announced updated pricing for the 2010 year and includes some price discounts and limited availability on select Lodge Homes such as this two-bedroom, two-bathroom lakefront unit for $249,900.

Click for Listing Details

Wild Eagle Lodge offers some of the most beautiful sand frontage in all of the northwoods!  There is a beautiful beach and level grounds with paved walkways to amenities such as the indoor swimming pool, bar/lounge, tennis court and campfire areas.

Contact one of our sales agents for further information and to set up your private showing.

Great Opportunities!!

Well, we usually blog about more general topics, but this time I am going to make an exception. The reason is that there are a couple of opportunities on the market right now that I can comfortably say are the type of opportunities I believe people will look back 5, 10, 20 years from now and say “Wow, I should have jumped on that deal.”

The first opportunity is on Big St. Germain Lake. There is a seller who has a series of three excellent properties that are impeccably maintained with breathtaking views and they offer level, sand frontage. The seller and his family have not been using the properties as much as they use to and because of this, the seller has recently reduced the price of these to make sure he sells at least one of them this fall. These are the types of properties that people were fighting to even find available a few years ago. Now you can take advantage of the market to not only own these great properties, but you can get them at a great price. In addition, the seller is willing to throw in significant personal property to make the sale happen in the next few weeks. MLS#’s 103881, 102587, 102582.

The second opportunity is at The Wild Eagle Lodge on the Eagle River Chain of Lakes. Despite the market conditions, these properties have continued to sell over the last two and a half years since they have been offered (38 units sold). The reasons are simple. They are priced right (a great value as the lowest priced condominiums on great frontage, on a good lake, as a new development). The 2,000’ of level, sand frontage on 19 acres is not matched anywhere. The amenities are not matched anywhere, offering an indoor pool, tennis court, sauna, large hot tub, on-site lounge, choice swimming beach, and much more. The optional rental program gives buyers an opportunity for some income while they are not using the property (if they would like). The units themselves come fully furnished, well designed, and are ideal for buyers to use as their Northwoods getaway. BUT here is why ‘now’ is likely the best time you will ever find to buy at Wild Eagle Lodge. Recently, we have developed a financing agreement with River Valley Bank where they are going to be able to offer 4.68% financing with as little as 5% down for qualified buyers. In addition, Wild Eagle Lodge is offering 2 years association dues paid for by the seller. (Note: the financing offer is only going to be available for a very limited time, is subject to change, includes seller concessions and buyers must qualify. Please call LeeAnn Erickson at River Valley Bank for more details at 715-358-3434. The 4.68% is a 5yr ARM, amortized over 30 years.)

If you have considered purchasing a Northwoods getaway, you have to consider one of these truly Hot Deals that are available right now.

Northwoods Mega Real Estate Sale

I wanted to write a quick note on the Northwoods Mega Real Estate Sale’s Event that we have going on between now and July 7th. This one time sales event is very likely the biggest real estate sales event the Northwoods has ever seen. From May 15th, 2009 – July 7th, 2009, Eliason Realty is offering over $13,000,000 of Northwoods real estate at deep discounted prices. These sellers are looking to move their properties in the next three months.

These properties are priced to sell, many have recent appraisals, many have current inspection reports, and all have motivated sellers willing to accept any reasonable offer. This opportunity is a bargain hunters dream. You can finally buy your Northwoods property at a discounted price and possibly take advantage of the best interest rates of your lifetime.

To get details on any of these properties, or to find out how to submit an offer on a property, contact an Eliason Realty agent or your agent. But hurry, this event absolutely ends July 7th.

Note: Sellers have been encouraged to price the properties at discounts to the market. As each seller’s situation and motivation is different, negotiating room will vary.
Sellers may accept offers before the promotions end date of July 7th, 2009.
Some of the sellers have offered additional incentives to buy.