Private Buyer Acquires Luxury Lodge Compound From Douglas & Carol Skanse For $10.2M

A private buyer purchased a resort property located at 36463 Butternut Point Road in Pequot Lakes, MN for $10,200,000. The asset spans 3.41 acres and includes a main lodge, six cabins, and 2,000 feet of shoreline, featuring extensive resort-style amenities. The property has a history of transformation by the Skanse family, who upgraded it from a modest resort into a high-end log-and-stone estate in the 1990s.

Summary of transaction details:

• Property Type: Resort
• Transaction Amount: $10,200,000
• Seller: Douglas & Carol Skanse
• Broker: Drew Hueler - Coldwell Banker
• Asset Size: 3.41 acres
• Location: 36463 Butternut Point Road, Pequot Lakes, MN

The sale was facilitated by Coldwell Banker Realty, which represented the Skanse family in this transaction. The deal involved a private buyer acquiring the luxury lodge compound, marking a significant closing for both the sellers and the brokerage team involved.