- Sq. Ft. (approx.): 3480
- Year Built: 2005
- Property Size (approx): 1.04
- Bedrooms: 4
- Bathrooms: 3 1/2
- Type of Roof: Wood Shake
- Construction: Frame
- Heat Source: Propane
- Garage: 2 car, detached
- Appliances: Refrigerator, stove/oven, dishwasher, microwave, garbage disposal, washer and dryer
- Taxes: $4659 - 2009
- Water: Community Water
- Sewer: Private Septic
- Terms: Cash and Conventional
Special Features: FRACTIONAL OWNERSHIP!! This gorgeous lakefront custom cabin on Island Park Reservoir will literally take your breath away. The setting is spectacular in prestigious southshore, which is a gated community. Water-skiing, snow machining, and ATV trails conveniently nearby. Horseback riding is less than 2 miles away at Eagle Ridge Ranch. Enjoy watching wildlife as well as your fully landscaped yard from a large deck overlooking the lake. The hot tub is located outside the prado doors on the lower level with views out to the reservoir. You will certainly enjoy the outdoor fire pit on the lake shore. Or, just sit on your custom vinyl docks with winches to adjust to the water level watching the boat come home. The property across the reservoir is Forest Service land allowing your view to be unimpeded. There are 2 master suites, which afford privacy for those visiting. The countertops in the kitchen, breakfast bar and bathrooms are granite. You will find rough-sawn/hand-scraped hardwood in the dining area, entry and kitchen and tile flooring in the bathrooms and laundry room. All top of the line finishes with natural river rock fireplaces on the main level and in the basement. You will not want to leave this haven. Don’t miss this investment opportunity.
$56,400 represents the cash to buy into the 1/5 ownership. Loan (1/5 interest) assumption is $132,600. Monthly payments of $1,250 includes 1/5 of the mortgage payment, which includes taxes and insurance = $960 (total mortgage payment $4,801), utilities, HOA's, repairs, upgrades, and maintenance. Each owner gets every 5th week of the month, which equals 10 to 11 weeks out of each year. If an owner opts not to use his time and the cabin is rented during that time, the rental proceeds go directly to that owner. The cabin rents for about $500 per night.
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