Dreaming of a lake home? The Land of 10,000 Lakes translates
into millions of feet of shoreline in the state of Minnesota.
But often it seems as only the very wealthy can live on the
water's edge. Is that an accurate perception? Stop dreaming and
consider a few options that will make paradise more affordable.
Channel Shore
Shoreline along a channel is a great option for a full
recreational lake. Many large lakes will have channels or narrow
extensions that lead to other lakes or ponds. Usually there is
not a place for a beach but you can have a slip or short dock
for your boat. The channel will provide access to the main lake.
The view will probably include homes on the opposite shore of
the channel but if your goal is affordable use of a full
recreational lake, this is a great alternative.
Smaller Lake with Channel to Full Recreational Lake
Often the lakes in Minnesota are connected to one or several
smaller lakes. This can be a great opportunity. Shoreline that
is shallow or weedy is not considered prime but if it has access
to a larger lake, it could provide the same enjoyment at a much
lower price.
Small Acreage Lake
Smaller lakes can be of interest to the more laidback water
lover. Often there will be restrictions disallowing motors or
only small motors. These smaller lakes can still be great for
fishing, canoeing, kayaking and swimming. Some will allow docks
and beaches but check with the DNR for specific restrictions. A
small lake will still offer wonderful natural views at a
significantly lower price than a full recreational lake.
Environmental Lakes and Wetlands
Very shallow lakes wonderful for privacy but not great for
recreation. If you are looking for a home with awesome views of
wildlife, this may be something to consider.
Deeded Access
Many homes and associations near a full recreational lake have
been developed with deeded access providing use of the lake. The
ability to have a dock, use the beach, or moor a boat, will be
outlined in a legal agreement specifying what uses are allowed.
Not all deeded access is created equal! Request a copy of all of
the specific uses and rules before writing an offer so you can
fully understand the access available as a home owner.
Lake View
A home with a beautiful lake view but no shoreline or lake
access, can provide the wonderful picturesque views everyone
dreams of without the high lakeshore taxes.
Location with Public Access Nearby
A final option is to look for a home that is near park with
public lake access. I sold one such home where the public access
to a good-sized full recreational lake was about a quarter mile
down the street. This family uses the lake to canoe, cross
country ski and fish without driving or trailers. There was none
of the additional cost or taxes associated with lakeshore
property but all of the benefits!
Copyright 2006 Teri Eckholm.
About the author:
Teri Eckholm has been selling homes on Minnesota lakeshore and
acreage for over five years. Selected as a 2004 and 2005 Super
Agent by Mpls/St. Paul Magazine, her extensive sales and
marketing background has allowed her to assist hundreds of
clients move from across town, across Minnesota and across the
U.S. Find additional information on Teri and the Twin Cities
metro real estate market at
www.terieckholm.com
