Onamia, MN 56359

$3,500,000

Stairs going up to the dining room, elevator is to the right

Pine room off the dining room make for great private parties

More dining that looks over the pool area

The ballroom located on the upper level set for a wedding

Ballroom waiting to get set for an event

Cozy conference room on lower level of the lodge

Walkway from Marina parking lot to the clubhouse

Property Type: Commercial Lot Size (sq. ft.): 21,126,600 Status: Closed

Current Price: $3,500,000 List Date: 11/28/2023 Last Modified: 6/08/2025

Overview

Description

Izatys is on the brink of its exciting next chapter, continuing legacy that dates back to the 1920s. Nestled along the picturesque shores of Lake Mille Lacs, this iconic resort has stood as a beacon of premier hospitality for decades. The unforgettable 18-hole 'Black Brook' golf course, a masterful design by Harbottle that leaves an indelible mark on every golfer's memory. Your options here are as vast as the sprawling 485 acre property itself. Choose a stay in one of the 28 hotel rooms, host a conference, or celebrate love with a wedding at the lake. Dine at the clubhouse, while fishing enthusiasts find paradise on the lake. Included is 150 feet of lakeshore, 33 boat slips with ample dock space and all the equipment to operate the resort. So many opportunities for the future. Overall, Izatys Resort combines natural beauty with amenities, making it an attractive destination for vacationers, golf enthusiasts, event planners, and anyone seeking a retreat in a scenic lakeside setting.

Listing Details MLS# 6463540

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 100
Waterfront Frontage: 150
Waterfront YN: Yes
Year Built: 1987
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 10800
Lake/Waterfront Name: Mille Lacs
For Sale or Lease: For Sale
Acres: 485
Lot Dimensions: 1x1x1x1
Assessment Pending: Unknown

Property Features

Accessible: Accessible Elevator Installed; Doors 36"+; Hallways 42"+; Partially Wheelchair Amenities Shared: Boat Slip; Deck; Dock; Elevator(s); Sauna CMU Style: Resort Commercial Kitchen Appliances: Cookware/Utensils; Dishwasher; Flat Top; Freezer; Fryer; Grill; Ice Machine; Oven; Pre-Piped Fire Suppression System; Prep Station; Refrigerator; Shelving and Racks; Walk-In Cooler/Freezer; Warming Table Construction Status: Previously Owned Current Use: Event Space; Food Service; Hotel/Motel; Recreational; Resort; Tavern/Lounge Exterior: Brick/Stone; Cedar; Vinyl Financing Terms: Contract Fuel: Natural Gas Heating: Baseboard; Boiler; Ductless; Forced Air Internet Options: Cable Loan Terms: Cash; Contract for Deed; Conventional Lock Box Type: None Lot Description: On Golf Course; Tree Coverage - Medium Miscellaneous Information: Gas Pump On Site Utilities: Electric Common Parking Characteristics: Asphalt; Paved Lot Rental License Type: Standard Sewer: City Sewer/Connected; Private Sewer; Shared System Water: Drilled; Well

Contract Information

Off Market Date: 2023-12-14
Closed Date: 2024-02-14
Sales Close Price: 3500000
Contingency: None
ListPrice: 4000000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

Postal City: Onamia
County: Mille Lacs
State: MN
Zip Code: 56359
Complex/Dev/Subdivision: Izatys Twnhs

Assessments

Tax With Assessments: 30612

Building Information

Building Finished SqFt: 44688

More Information

Lake Details

Lake Acres: 128250
Lake Depth: 42

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 26
Section#: 11
Township#: 42

Sale Options

Sale Includes: Building, Business, Fixture/Equipment, Land

Unit Details

Total Units: 28

Listing Office: Century 21 Atwood

Last Updated: June - 08 - 2025

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

, Onamia, MN 56359 (MLS# 6463540)