10 best Airbnb investment opportunities | December 7, 2022

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Raven’s Ridge: home, a getaway, peace. Nestled on a rocky hillside high above Gitchi Gumee and tucked below LeVeaux Mountain, here is a place of respite. A place with long views over the Big Lake, where fall migrants of every feather cruise by at deck level. A forested environment of outcrops and sylvan tranquility where calm predominates. Except when a Nor’easter comes up! Then the lake roar runs up the hill, the winds swirl leaves and flakes around every window and each family member has a front row seat - every room oriented with views to woods and water. Inside all is cozy with an off-peak electric boiler that’s easy on the pocketbook. And, go old school with the wood you bucked up this past summer in the woodstove crackling! Design and embellishment were the prevailing focus as this class act home was finished off, each detail just so. The stairway to an upper lofted bedroom is a focal point of the living room, Arts and Crafts all the way with it’s pegs, posts and beams. Plenty of space here, three bedroom, two bath. The great room is for gathering, under cathedral paneled ceilings, warm wood floors, and solid built-in shelving. Off to the east is a private living room, light-filled, excellent for reading, having those important conversations, or heck, just dozing off. Access the sprawling deck from numerous glass doors where the Northwood’s Breeze introduces itself and you invite it in - a cheerful and loquacious guest. The main bedroom is roomy and well served by a tiled ¾ bath with quality cabinetry. The other main floor bedroom could be set up like the current owners: queen and bunkbed can sleep all the kids and grands. Or make it your office, looking north to LeVeaux Mountain for inspiration. The loft is snazzy roof angles, solid posts, a good place to dream. The kitchen is spacious, fully equipped, high end, full of conversation, tasty odors, perfectly cooked lake trout, grouse or venison – up to you. The tastefully designed single stall garage is currently set up as a workshop with spacious lean-to for additional exterior storage. At nearly 3 acres, there is plenty of elbow room to explore the granite outcrops, boreal woods, get a fire going, share space with the furry neighbors! Lutsen Mts and Superior National Golf Course are about 5 minutes away. Lots of tasty restaurants in this Tofte/Lutsen neighborhood. Snowmobiling, XC skiing, hiking very close. Return home under the calls of Raven, tuning you to a simpler way: pure air, water, space.

  • $675,000

  • 3 Bedrooms, 2 Bathrooms

  • Average Daily Rate: $339

  • Expected occupancy rate: 68%

  • Monthly expected income: $7,012

  • Monthly expected expenses: $5,264

  • Monthly expected cash flow: $1,748

  • Expected cash on cash return: 11.5%

Dazzling Mid Century Modern by AKS Equities. Perfect example of letting nature infuse the living experience. Inspired by Los Feliz/Hollywood Hills Wood Beam homes. This Architectural Gem has been lovingly restored with Floor-to-Ceiling Windows, Two Master Suites, Oversized Glass sliding doors, European Cabinets, Chic Quartz counters, Waterfall Island, Professional Kitchen Appliances, Energy efficient Plumbing & Electric fixtures, Tankless water heater, Wood slat walls, Designer Built in Gas fireplace, Smooth interior Texture, LED Lighting, Fresh interior & exterior paint. Upgraded Flat panel doors. Functional Ironmongery.  Great room with High ceiling and wall of glass overlooking serene fountains and Private backyard with Exposed aggregate concrete and Composite decking. Beautiful Wood Laminate flooring & custom built-ins. Timeless exterior adorns Gleaming wood ceilings. Pinhead glass window garage door. Exterior with Palms, Olive trees, Bamboo grass, Succulents and Drought resistant landscaping. Property staged with Luxury and Modern Simplicity.  Unparalleled peace and privacy along with sophisticated yet unpretentious living at Sought after Location.  All work competed with permits. Located near Restaurants, Schools and Shopping.

  • $749,900

  • 4 Bedrooms, 3 Bathrooms

  • Average Daily Rate: $366

  • Expected occupancy rate: 64%

  • Monthly expected income: $7,125

  • Monthly expected expenses: $5,751

  • Monthly expected cash flow: $1,373

  • Expected cash on cash return: 8.2%

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