AQUATERRA Real Estate Blog

ROI on Architectural Design | Home Values and Doing Thing Right

Fri, 22 May 2009 14:47:13 -0500

Building and remodeling projects usually involve some discussion of value, or the return on investment. One of the often overlooked, and most valuable investments of any project is design. At every step, Architectural, Landscape and Interior Design have great return. Builders employing good design are finding success, even in today’s challenging real estate market.

Everyone wants to save money; do-it-yourself home owners, house flippers, speculative builders, even private remodeling projects, we all look for opportunities to cut costs. Especially in tighter times, we all want to do more with less.

But when success depends on profits, as is the case in speculative (spec) building, or house flipping, or even in private homeowners who want to increase home equity through home improvements, design is a critical component that can make all the difference.

Two examples of successful Minneapolis builders using design to build better homes and beat their competition are Replacement Housing Services* and Great Neighborhood Homes. Working primarily in Edina, MN both of these builders continue selling new construction spec homes in the most challenging market conditions ever seen. What’s their secret? If you ask me, its good design. The neighbors love these projects, as do the investors and lenders financing them. Look at the homes on their websites. The difference is clear.

Imagine two home built with similar budgets, sizes, features and amenities. The first one being well designed, architectural, based on other neighborhood housing styles, inspired by classic designs, complemented by modern features. The other home, simply built on the same standard builder “McHome Plans” used in millions of suburban communities throughout the country. Which would you prefer?

There is a fee for good design, of course, but the return is a home that stands head and shoulders above its peers.

While most builders face hard times (bankruptcy) today, the few who are building on spec successfully (and who still get funding to do so) are employing good designers at every step of their projects.

*The author is a member of the Replacement Housing Consortium, and provides real estate services to Replacement Housing Services.

Bi-Polar Market | Banks vs. Real Sellers | The Value of Convenience

Fri, 22 May 2009 11:11:35 -0500

Today’s real estate market is Bi-Polar. And there are no drugs to help a mentally ill real estate market; we just have to deal with it.

The two sides, or personalities, to this dysfunctional market; Bank Sales (Foreclosure, and Short Sales) and the good old fashioned Private Seller. The horror stories are common, the Bank refused to negotiate, or took months to respond, closing was delayed. While the prices on Bank homes might look attractive, buying from Banks take lots of patience and a flexible timeline. Private Sellers on the other hand, easy to deal with, willing to negotiate, and generally close on time, without any “hiccups”.

Sure we all want a deal, and we instinctively feel that buying a Bank home must be the way to get it. But, what is the value of time? What’s it worth to have your deal go smoothly?

Many of today’s more savvy (or perhaps “experienced”) Buyers have asked not to see Bank homes at all. After a few failed attempts at buying from a Bank they’ve thrown in the towel. In the words of one Buyer, “Just give me a good old fashioned seller who can actually sell their home to me”
Unfortunately Private Sales with out any Bank involvement are hard to come by in many price ranges.

Buyers believe me; Banks may “want” to sell, but their own bureaucracy gets in the way. Only cash investors with iron stomachs are truly set up to deal with the Banks terms and requirements.

Sellers listen; If you want to sell but don’t want to “compete” on price with these Bank homes, don’t worry. Get your home on the market! There are good Buyers looking for good ‘ol fashioned Sellers with nice homes that they can buy straight up, without hassle

Good Luck! - Ben Kolkman

Realtor, Sotheby's Realty, Minneapolis, MN

World Class Fishing Resort | FOR SALE! | Lake of the Woods | Minnesota Canada

Thu, 21 May 2009 10:26:19 -0500

Escape to the tranquility and natural beauty of Lake of the Woods, the northern most tip of Minnesota boasting one million acres of water, 14,500 islands and 60,000 miles of shoreline, and only accessed by traversing the Canadian Wilderness of Manitoba. This immaculate 16-acre destination on the mainland of Angle Inlet is a sportsman’s delight, offering world-class fishing and abundant wildlife for viewing or hunting. The privileged location provides the finest natural mainland access to the crystalline waters of Lake of the Woods. In winter, enjoy ice-fishing on the Can-Am snowmobile trails which offer miles of groomed and marked adventure. This exclusive North Woods resort is poised to become a legendary corporate or private retreat.

Open the door to the wood lodge and enter the reception area, large dining room and conference center. Tucked behind these you’ll find a professional kitchen equipped with energy-saving appliances, workshop, and oversized garage. A central wood stove provides your choice of wood or electric heat.

The spacious upper level is a comfortable six-bedroom home with an open floor plan, vaulted ceilings, roomy kitchen and living areas, large balcony and unparalleled views of the natural environment. A nearby marine-band radio tower and cellular tower assure the highest quality fiber-optic communication, including wi-fi, satellite and high-speed Internet.

Make yourself at home in one of eleven, perfectly maintained cabins, six of which are winterized and all providing panoramic vistas of Lake of the Woods. Each cabin is equipped with a private deck, gas fireplace, complete kitchen, two to four bedrooms and full bathroom.

Embark on a memorable fishing adventure from the protected marina that accommodates 34 boats and 16 piers. The natural contours of the shoreline provide unlimited potential for development as well as a second marina. An ample boat house with a fish-cleaning room and two gasoline pumps will help you prepare.

Experience the simple pleasures of this pristine paradise.

The REAL shift: New Construction in Nice Urban Neighborhoods | Teardowns and Whole House Remodeling

Tue, 19 May 2009 12:06:31 -0500

A shift has taken place in our real estate market. Not the shift you might be thinking. Today’s urban neighborhoods are being redeveloped as older homes succumb to new construction and whole house remodels. This trend radically changes the buying and selling dynamic, as land and structure values must now be valued independently. This change effect all buyers and sellers regardless of price rangeand the key to makeing a smart real estate decession is understanding the trends, patters, and pricing in these areas.

It’s no surprise this trend has taken root. For years now, good schools, safety, low taxes, commute times, convenience, and real neighborhoods have been drawing weary suburban dwellers back to the city, back to the best areas of the “sustainable urban core”. The demand for these primier neighborhoods brings in developers and builders working on spec tearing down and building new. Individual owners, the private citizen is also responsiable for a great deal of these developments.

It's not just the rather well to do who need to be aware of this shift. Everyone, regardless of price point, can take advantage of this trend. First time Buyers for example looking for an entry level home should be buying into development patterns, and looking at land prices. Buying the right “starter home” could end up being transformed into your “dream home” idown the road. Of course move-up buyers and downsizing buyers can ride this trend as well by understanding the price ranges and finish levels best suited to their neighborhood market.

And Sellers, you’ve the best opportunity of all. Have you considered selling your home as a “to be built” home? Working with the right realtor, and builder, you might be able to transform your current home, from what it is today, into a perfect fit for today’s market and today’s buyer. You don’t necessary have to complete the renovations. With the right builder/realtor team you can sell the home as a “to be built” project. It does take a New Construction sales skill, because your selling an intangible product and most realtors are use to selling a product their client can touch and see. So choose well.

Lower price ranges are suffering long market times and falling prices. Meanwhile higher price points are selling as well as ever. Sellers of homes in Edina, Southwest Minneapolis, Golden Valley and St. Louis Park should all consider their options. Working with a builder who’s successful in the current market who has examples of their work available, and a realtor who can develop trust and confidence in the project, you can transform your home from an OK product into a “perfect fit” for the current market, sell it fast, and for a higher net proceeds in most cases.

Todays quality neighborhoods, closer into the city, area a dynamic and every changing market place. Homes at just about every price range, style, and condition can be found. Making a smart choice about what to buy, and how to sell, requiers a comprehensive knowledge of the areas price celings, land values, and development patters.

I Got My vTour on the Wall St. Joural Online!

Thu, 07 May 2009 20:22:35 -0500

I wanted to share everyone the great news that our property listing is being featured on the Wall St. Journal online. The Journal and Sotheby's International Realtyhave a new joint venture called “Business of Extraordinary Living” and our listing is being featured there!

This partnership between the Journal and Sothby's further solidifies the Sotheby's brand's global reach.

Check out my property listing in the “Address” page of our the microsite as the “Virtual Tour.” This showcased on April 24th and will run until May 8th. Please take a moment to check it out on the Wall St Journal and Sotheby's microsite, here.

Big Time Minneapolis ranks 2nd in Ritz FUN CITY

Sat, 25 Apr 2009 08:40:27 -0500

Ritz Crackers agrees - Minneapolis is a fun city!

The study looked at residents participation in social activities such as block parties, barbecues and access to parks, dog parks, gyms, movies, theaters. Bert Sperling of Sperling’s Best Places conduted the stuy which Ritz sponsored and ranked the top 50 metro areas.

Our Minneapolis park system and the number of tennis courts, ice rinks, baseball fields and golf courses won us the number 2 spot over San Francisco. Seattle won the top spot.

Twin Cities Foreclosure Report for First Quarter

Fri, 17 Apr 2009 08:29:01 -0500

Hey all - Just a quick note here. The Q1 Foreclosure Report from MAAR is out now...

http://www.mplsrealtor.com/downloads/market/Lender-Mediated/Main.htm

These are a huge segment of the market place. Some areas only have 5% foreclosure rates (Edina) while other are near 60% (Camden, North, Brooklyn Center). These number remain largly unchanged from last quarter.

We break these out from "Traditional Sales", for two reasons, they are skewing market statistics, and because many buyers have grown tired of trying to buy from banks and rule these homes out entirely.

While it is true, there are great deals in the foreclosure market, banks often take MONTHS to respond to an offer, good properties regularly attract multiple offers, and there can be issues securing financing for homes in marginal condition.

Listen to this Marketplace Report from American Public Media on Buying a Bank Owned Home

It is getting easier to buy these homes, however, as the industry responds to the situation. Lately I've been seeing more "pre-negotiated" short sales, and professional mediators in the market. Banks are also listing property at lower prices to move it fast.

Best of Luck Out There! - Ben Kolkman

Lakes Sotheby's International Realty

(612) 599-4161

The New New Construction Crazy and How YOU Can Take Advantage Of It

Tue, 07 Apr 2009 13:53:08 -0500

New construction in urban neighborhoods is a hot, hot, trend and I predict will continue to be for many years. Social and economic forces are driving buyers into the city, into the best first ring suburbs and city neighborhoods. New construction, or “like new” remodels are finding a very warm reception this spring, as long as they are priced according to neighborhood price ceilings and offering the appropriate features and amenities for the area.

Don’t confuse these homes with the existing inventory of new construction sitting on the market, nor with new homes in 2nd and 3rd ring suburbs. I tour almost every new listing in Edina, Southwest Minneapolis, Golden Valley and St. Louis Park and the one thing I see selling faster than any other is New Construction. We still have new homes sitting on the market however, some from lest year and more! The market rejected these homes, and they will only sell once the owner, or the bank, takes the losses that they have coming. It’s the New New Construction you should watch if you want to see the action in this market.

Buyers and Sellers at all price points can take advantage of this tend. It’s simply a matter of taking a Buyers needs and wants and fitting that into the new market. Sellers have to understand where their home fits in the new market; many could re-position their homes as new by partnering with the right realtor and builder. Making a choice about the best strategy to pursue, of course, is always based on your home, its neighborhood, and your needs and wants.

2121 Hopkins Crossroad Minnetonka | New Listing | Remodeled Bungalow

Thu, 02 Apr 2009 17:19:55 -0500

2121 Hopkins Crossroads Minnetonka MN | New Listing | Remodeled Huge Yard

Location: Minnetonka, MN

Beautiful updates, great spaces, and a huge back yard define this ideal Minnetonka home. You’ll love the detail touches and fine finishes throughout from the upper level master suite, to the updated kitchen with views of the back yard, to the comfortable roomy family room in the lower level. You won’t find a more finished home, with such quality remodeling at this price. Garden, play, and get lost in the spacious back yard. There are few lots available this large.
Great schools, and neighborhood amenities keep this area’s home value high. Shopping, parks, dining in a safe and quiet setting.
See it for yourself; schedule a showing today! For questions, or an appointment, contact Todd Shipman and Ben Kolkman with Lakes Sotheby’s International Realty.

Information

Contact Information

Todd Shipman

(952) 230-3117

Pricing

Price: $314,900

Flexibility: Negotiable

Property Location

2121 Hopkins Crossroads
Minnetonka, MN 55305

Links

Shipman + Kolkman Realtors

Virtual Tour

Lakes Sotheby's Minneapolis Shipman + Kolkman

Features

Bedrooms: 3

Bathrooms: 2

Parking Spaces: 2

Year Built: 1950

Lot Size: 98 x 294

Garage Size: 2

School District: 270 - Hopkins, 952-988-4000

Square Footage: 2124

Agent Name: Todd Shipman

Broker: Lakes Sotheby's International Realty

MLS #: 3665863

Attributes

Appliances

Range/Oven

Full Refrigerator

Washer/Dryer

Dishwasher

Sink Disposal

Microwave

Interior Amenities

Fireplace

Hardwood Floors

Basement

Exterior Amenities

Patio

Grass Lawn

Secluded setting

EQUAL HOUSING OPPORTUNITY

VFLYER ID: 2393119

Photo Gallery

EQUAL HOUSING OPPORTUNITY

VFLYER ID: 2393119

All information in this site is deemed reliable but is not guaranteed and is subject to change

330 White Eagle Tr. | Luxury Golf Course Living | Hudson, WI

Mon, 23 Mar 2009 20:48:44 -0500

Luxury Golf Course Estate Home in Hudson, WI

Location: Hudson, WI

330 White Eagle Trail - Perched in a Birch forest this custom built home is a testament to fine quality and detail. Located minutes north of Hudson and just across the Stillwater bridge, you will enjoy the peaceful setting on White Eagle golf course. An Executive Estate with spectacular quality, details and craftsmanship.

*Additional Reports and Historical Information available by request.
Find out more: www.AquaTerraRealEstate.com (952) 230-3117

Professionaly Marketed By:
SHIPMAN + LARSON + KOLKMAN
Todd Shipman, Jeanne Larson and Ben Kolkman
Lakes Sotheby's International Realty

Information

Contact Information

Todd Shipman

(952) 230-3117

Pricing

Price: $1,895,000.00

Property Location

330 White Eagle Trail
Hudson, WI 54016

Links

Virtual Tour

Property Details

Features

Bedrooms: 4

Bathrooms: 6

Parking Spaces: 4

Year Built: 2000

Lot Size: 3.58 acres

School District: 2611 Hudson

Square Footage: 6048

Agent Name: Todd Shipman

Broker: Lakes Sotheby's International Realty

MLS #: 3566911

Attributes

Appliances

Range/Oven

Full Refrigerator

Washer/Dryer

Dishwasher

Sink Disposal

Microwave

Interior Amenities

Fireplace

Hardwood Floors

Basement

EQUAL HOUSING OPPORTUNITY

VFLYER ID: 1995129

Photo Gallery

EQUAL HOUSING OPPORTUNITY

VFLYER ID: 1995129

All information in this site is deemed reliable but is not guaranteed and is subject to change

330 White Eagle Tr. | Luxury Golf Course Living | Hudson, WI

Mon, 23 Mar 2009 20:22:44 -0500

Luxury Golf Course Estate Home in Hudson, WI

Location: Hudson, WI

Information

Contact Information

Todd Shipman

(952) 230-3117

Pricing

Price: $1,895,000.00

Property Location

330 White Eagle Trail
Hudson, WI 54016

Links

Virtual Tour

Property Details

Features

Bedrooms: 4

Bathrooms: 6

Parking Spaces: 4

Year Built: 2000

Lot Size: 3.58 acres

School District: 2611 Hudson

Square Footage: 6048

Agent Name: Todd Shipman

Broker: Lakes Sotheby's International Realty

MLS #: 3566911

Attributes

Appliances

Range/Oven

Full Refrigerator

Washer/Dryer

Dishwasher

Sink Disposal

Microwave

Interior Amenities

Fireplace

Hardwood Floors

Basement

EQUAL HOUSING OPPORTUNITY

VFLYER ID: 1995129

Photo Gallery

EQUAL HOUSING OPPORTUNITY

VFLYER ID: 1995129

All information in this site is deemed reliable but is not guaranteed and is subject to change

MidCentury Modern | Home for Sale (non-MLS) | Only Open House This Weekend!

Mon, 02 Mar 2009 14:44:26 -0600

*ONE TIME OPEN HOUSE* Mid-Century Modern Home For Sale *NON-MLS*

Location: Minneapolis, MN

Classic Mid-Century Modern ArchitectureONLY OPEN SAT. & SUN. MAR. 7 & 8

Once in a lifetime opportunity - Authentic mid-century modern home - Just feet from the shores of Cedar Lake

Walk to Whole Foods, Kenwood Trail, Yum, Trigs, and Punch Pizza this small "pocket neighborhood" of just a few blocks. Quietly tucked in between Lake Calhoun, Cedar Lake, Calhoun Village, and the Excelsior Grand area. The neighbors include an architecturally diverse mix of original, fully restored, remodeled, and rebuilt homes of very high value.

This home is not listed on the MLS and will not "show up" in traditional real estate searches. The open house this weekend may be your only chance to see this unique home.

Open to everyone! Come to buy - or - Just to look!
REALTORS (and buyers with a REALTOR welcome, of course!)

To RSVP - For More Information - Questions? - Contact:

Ben Kolkman, REALTOR
SHIPMAN + LARSON +KOLKMAN
Lakes Sotheby's International Realty
o-(952) 230-3157
c-(612) 599-4161
www.AquaTerraRealEstate.com

Information

Contact Information

Todd Shipman

(952) 230-3117

Pricing

Price: $600,000

Flexibility: Negotiable

Property Location

2805 Chowen Ave. So.
Minneapolis, MN 55416

Features

Bedrooms: 4

Bathrooms: 2

Parking Spaces: 2

Year Built: 1965

Lot Size: 0.15

Garage Size: Oversized Doubbel

Square Footage: 2141

Agent Name: Todd Shipman

Broker: Lakes Sotheby's International Realty

Style: Modern

Attributes

Appliances

Range/Oven

Full Refrigerator

Washer/Dryer

Dishwasher

Microwave

Interior Amenities

Fireplace

Hardwood Floors

Kitchen Island

Vaulted Ceilings

Basement

Attic

Open Floorplan

Exterior Amenities

Patio

Fenced Yard

Grass Lawn

Basketball Net

Secluded setting

Private Courtyard

EQUAL HOUSING OPPORTUNITY

VFLYER ID: 2302327

Photo Gallery

EQUAL HOUSING OPPORTUNITY

VFLYER ID: 2302327

All information in this site is deemed reliable but is not guaranteed and is subject to change

Sound Advice for Today's Buyers

Sun, 01 Mar 2009 08:49:57 -0600

In spite of the media's talking points, multiple offers, over list price, and homes sold in just days are not uncommon today. Really it’s true.

What!? It can't be true...Yes it is. Not at every price point, but, by and large, for the vast majority of areas and price ranges, the same facts hold true...there are TONS of LOW QUALITY or OVER PRICED homes sitting out there, but a dramatic SHORTAGE of QUALITY HOMES.

The result: As really nice homes come on the market buyers who have been stewing, and waiting, and looking, for months all pounce on the good home. Multiple offers, over list price, sold in days. Not at all uncommon.

I've been working with buyers over the past 12-18 months and found this to be true. One of my buyers has made 7 very good offers, over the past year, and has been beaten every time. While at the very same time, average market times, and average sale prices are falling.

My advice: 1) Get to know your market, take the time to learn what you get for your $ in the area you're looking. 2) Have your financing all figured out and keep your lenders phone number handy. 3) Review new listings daily. 4) When you find a great home price right, make the best offer you're comfortable making immediately.

If you're trying to buy contingent on the sale of your home, you'll get stuck with one of those low quality or over priced homes that are just sitting around out there waiting for someone, anyone to show interest.

If you're trying to get the deal of a lifetime, that's fine, good luck. But realizes that really any home, in a good area is a good deal, prices are down and will go up, but don't judge the quality of the deal, but the desperation of the seller. You'll just end up buying a home that no one else wanted, what kind of a deal is that?

Historic Saint Paul Riverfront Condo | For Sale | Last One of 4 Units

Sun, 01 Mar 2009 08:27:50 -0600

Last Condo Left in Historic St. Paul Mansion

Location: Irving Park

Rare Opportunity! Complete the interior restoration and build out of this important and historic town home unit. Price includes build out. 3 of 4 units have sold; this is the last one left!

2-story unit on the south side of the building featuring extraordinary views of the Mississippi, 11-ft ceilings, original banister, and over 2000 sq ft. Landscape and grounds are complete.

Completely gutted internally, and historically preserved on the outside, this one of a kind opportunity remains connected to St. Paul's early history, while affording the new ower a chance to create their very own unique interior. The offering price includes standard finishes.

Built in 1886 by noted St. Paul architect Edward Payson Bassford, the Historic Armstrong-Quinlan house was moved in 2001 from its original site on Cleveland Circle to the edge of Irvine Park overlooking the Mississippi.

*Additional Reports and Historical Information available by request.
Find out more: www.AquaTerraRealEstate.com (952) 230-3117

Professionaly Marketed By:
SHIPMAN + LARSON + KOLKMAN
Todd Shipman, Jeanne Larson and Ben Kolkman
Lakes Sotheby's International Realty

Information

Contact Information

Todd Shipman

(952) 230-3117

Pricing

Price: $590,000.00

Additional Pricing Information: Price includes build out with standard finishing. Selections and changes may effect price.

Homeowner Dues: 390

Property Location

227 Eagle Parkway
St. Paul, MN 55102

Links

Virtual Tour

Property Details

Features

Bedrooms: 2

Bathrooms: 3

Parking Spaces: 2

Year Built: 1886

Square Footage: 2060

Agent Name: Todd Shipman

Broker: Lakes Sotheby's International Realty

MLS #: 3596120

Attributes

Appliances

Range/Oven

Full Refrigerator

Washer/Dryer

Dishwasher

Sink Disposal

Microwave

Interior Amenities

Fireplace

Hardwood Floors

Kitchen Island

Vaulted Ceilings

Building Amenities

Patio

Guest Parking

EQUAL HOUSING OPPORTUNITY

VFLYER ID: 2075632

Photo Gallery

EQUAL HOUSING OPPORTUNITY

VFLYER ID: 2075632

All information in this site is deemed reliable but is not guaranteed and is subject to change

Spectacular Eden Prairie Townhome on Gent Tree Golf Course For Sale

Sun, 01 Mar 2009 07:57:51 -0600

Eden Prairie Townhome on Bent Creek Golf Course

Location: Eden Prairie, MN

Live in this spectacular tri-level townhouse located on Bent Tree Golf Course. Rarely available, walk out with more then 2000 finished square feet of space.

Enjoy the beautiful views from the deck or lower level patio. Richly appointed with hardwood floors and four bathrooms, including a main floor half bath and a master bath. Set on a motor court the home is poised to appreciate quite moments, without traffic or interruptions. The interior is finished in neutral tones, much of it recently painted.

The main floor opens into a vaulted two story living room and a dining area. The attached garage, laundry, kitchen and breakfast area all make this a very livable home. Step out on to the deck and soak up the lush landscape or stroll across the lawn.

On the upper level you will find a loft with views of the golf course, a full bath, an oversized Master suite with walk in closet and master bath and a second bedroom. The vaulted main floor adds grandeur to the space.

You will appreciate the lower level family room when you entertain. Adjacent is a full bath and additional finished storage room. Rarely available, beautifully finished and featuring golf course views.

*Additional Reports and Historical Information available by request.
Find out more: www.AquaTerraRealEstate.com (952) 230-3117

Professionaly Marketed By:
SHIPMAN + LARSON + KOLKMAN
Todd Shipman, Jeanne Larson and Ben Kolkman
Lakes Sotheby's International Realty

Information

Contact Information

Todd Shipman

(952) 230-3117

Pricing

Price: $224,000.00

Property Location

14391 Bedford Drive
Eden Prairie, MN 55346

Links

Features

Bedrooms: 2

Bathrooms: 4

Parking Spaces: 1

Year Built: 1984

School District: 272

Square Footage: 2050

Agent Name: Todd Shipman

Broker: Lakes Sotheby's International Realty

MLS #: 3563233

Attributes

Appliances

Range/Oven

Full Refrigerator

Washer/Dryer

Dishwasher

Sink Disposal

Microwave

Interior Amenities

Fireplace

Hardwood Floors

Vaulted Ceilings

Exterior Amenities

Patio

Grass Lawn

Secluded setting

EQUAL HOUSING OPPORTUNITY

VFLYER ID: 2075638

Photo Gallery

EQUAL HOUSING OPPORTUNITY

VFLYER ID: 2075638

All information in this site is deemed reliable but is not guaranteed and is subject to change

Duluth Hillside New Victorian Home For Sale Minnesota

Sun, 01 Mar 2009 07:54:30 -0600

Duluth Hillside Victorian Cottage For Sale

Location: Little Italy

Enjoy Victorian detail with modern amenities! Built new in 2002, this hillside cottage perched above Lake Superior makes an ideal vacation home or guest house.

You'll fall in love with this home's Scandinavian style, romantic views and historic setting. Built with great attention to detail, this cottage-style home features a striking vaulted ceiling and open, central staircase. Brazilian maple and cherry hardwoods, Italian marble, and in-floor heat are just a few of the luxurious touches awaiting you.

Located in the quaint neighborhood of "Little Italy", this home has 2500 finished square feet and sits on an oversized lot with bird's eye views of Duluth Harbor.

Three bedrooms in the main portion of the cottage, a gas fireplace, gourmet kitchen, inglenook hideaway, and large whirlpool tub all greet you after touring Duluth's many offerings. Retreat to your private garden-level suite after hiking, antiquing, sking, sailing or just enjoying the striking beauty of Minnesota's North Shore.

*Additional Reports and Historical Information available by request.
Find out more: www.AquaTerraRealEstate.com (952) 230-3117

Professionaly Marketed By:
SHIPMAN + LARSON + KOLKMAN
Todd Shipman, Jeanne Larson and Ben Kolkman
Lakes Sotheby's International Realty

Information

Contact Information

Todd Shipman

(952) 230-3117

Pricing

Price: $375,000.00

Property Location

206 N 11th Ave W
Duluth, MN 55806

Links

Virtual Tour

Property Details

Features

Bedrooms: 4

Bathrooms: 3

Parking Spaces: 3

Year Built: 2003

Square Footage: 2500

Agent Name: Todd Shipman

Broker: Lakes Sotheby's International Realty

MLS #: 3598595

Attributes

Appliances

Range/Oven

Full Refrigerator

Washer/Dryer

Dishwasher

Sink Disposal

Microwave

Interior Amenities

Fireplace

Hardwood Floors

Kitchen Island

Vaulted Ceilings

Exterior Amenities

Grass Lawn

EQUAL HOUSING OPPORTUNITY

VFLYER ID: 2076155

Photo Gallery

EQUAL HOUSING OPPORTUNITY

VFLYER ID: 2076155

All information in this site is deemed reliable but is not guaranteed and is subject to change

Luxury Cabin on Whitefish Lake Wisconsin For Sale

Sun, 01 Mar 2009 07:51:36 -0600

22 Acres on Whitefish Lake w/ Luxury Cabin in Gordon, WI

Location: Gordon, WI

Still waters and tranquil forests meet on this sandy lakeshore. A peaceful luxury executive home is poised to enjoy one of Wisconsin's greatest natural resources, Whitefish Lake. On the north shore of this spring fed 832 acre lake is a place so special that it has been preserved by a family trust.

Planted with pine, larch, spruce and home to indigenous poplar, white pine and oak trees this oasis is perfectly located less then an hour south of Superior and 30 minutes from Hayward.

The luxury residence was constructed on the 22 acre property in 2003. With more then 4000 finished square feet, the home features an impressive 850 sq. ft. vaulted great room with a stone fireplace, a perfect place for family and friends. The six bedrooms and four baths are carefully placed to take advantage of the lake views and summer breezes. Filled with luxury finishes and amenities, this is a home to be enjoyed for generations.
*Additional Reports and Historical Information available by request.
Find out more: www.AquaTerraRealEstate.com (952) 230-3117

Professionaly Marketed By:
SHIPMAN + LARSON + KOLKMAN
Todd Shipman, Jeanne Larson and Ben Kolkman
Lakes Sotheby's International Realty

Information

Contact Information

Todd Shipman

(952) 230-3117

Pricing

Price: $2,000,000.00

Property Location

14612 Whitefish Lake Road
Gordon, WI 54848

Links

Property Details

Virtual Tour

Features

Bedrooms: 6

Bathrooms: 4

Year Built: 2003

Lot Size: 22 Acres

Square Footage: 4506

Agent Name: Todd Shipman

Broker: Lakes Sotheby's International Realty

MLS #: 3578990

Attributes

Appliances

Range/Oven

Full Refrigerator

Washer/Dryer

Dishwasher

Sink Disposal

Microwave

Interior Amenities

Fireplace

Hardwood Floors

Kitchen Island

Vaulted Ceilings

Exterior Amenities

Secluded setting

EQUAL HOUSING OPPORTUNITY

VFLYER ID: 1966486

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VFLYER ID: 1966486

All information in this site is deemed reliable but is not guaranteed and is subject to change

Grand Estate Home For Sale | Lake Pokegama, Grand Rapids, Minnesota | 10 Acres, Lake Shore

Sun, 01 Mar 2009 07:48:08 -0600

Luxury Estate Home on Lake Pokegama Grand Rapids, MN

Location: Grand Rapids, MN

Experience Europe's finest in the midst of Minnesota's ten thousand lakes. This magnificent and fully-furnished 7000 square foot estate home enjoys ten acres of beautifully landscaped yard and wilderness overlooking Lake Pokegama, in central Minnesota. High ceilings and oversized windows throughout permit spectacular views, with most rooms facing the lake.

Live like nobility in this stately residence with an impressive two-story foyer, exquisite living room with tray-ceilings and hand-carved limestone fireplace, a formal dining room, gourmet kitchen, and a one-of-a-kind informal dining space in a hand-painted turret, all with views of the lake. The owner's suite, clad in hand-painted wall paper and gold-leaf, takes advantage of a second turret with stunning vistas of Pokegama, and includes an ample dressing area and sumptuous bathroom with a two-headed shower and tub. Slip out the double doors to enjoy morning coffee on a wrought-iron deck that connects the owner's suite to the other living spaces on the main level. An impressive banister leads you upstairs to three additional bedrooms, two full baths, and a cozy family entertainment room with a gas fireplace.

The walk-out basement combines Northwoods charm with the sophistication of a fine European club. A two-sided gas fireplace serves the bar, billiards room and informal living space. A second fully-equipped kitchen makes it easy to entertain on the lower-level, which enjoys a walk-out rustic stone patio. The Nordic sauna is reminiscent of the local heritage.
*Additional Reports and Historical Information available by request.
Find out more: www.AquaTerraRealEstate.com (952) 230-3117

Professionaly Marketed By:
SHIPMAN + LARSON + KOLKMAN
Todd Shipman, Jeanne Larson and Ben Kolkman Lakes Sotheby's International Realty

Information

Contact Information

Todd Shipman

(952) 230-3117

Pricing

Price: $2,250,000.00

Property Location

24965 Great Sunset Road
Grand Rapids, MN 55721

Links

Property Details

Virtual Tour

Features

Bedrooms: 4

Bathrooms: 5

Parking Spaces: 3

Year Built: 1991

Lot Size: 10 Acres

School District: 318

Square Footage: 7000

Agent Name: Todd Shipman

Broker: Lakes Sotheby's International Realty

MLS #: 3452865

Attributes

Appliances

Range/Oven

Full Refrigerator

Washer/Dryer

Dishwasher

Sink Disposal

Microwave

Central Vacuum

Interior Amenities

Fireplace

Hardwood Floors

Wet Bar

Security System

Kitchen Island

Vaulted Ceilings

Basement

Exterior Amenities

Patio

Grass Lawn

Secluded setting

EQUAL HOUSING OPPORTUNITY

VFLYER ID: 1981915

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VFLYER ID: 1981915

All information in this site is deemed reliable but is not guaranteed and is subject to change

Spcetacular New Home For Sale | Glen Lake Area Minnetonka, MN | 14724 Glendale Road

Fri, 27 Feb 2009 13:03:45 -0600

Spectacular 6 Bed Home: Glen Lake, Minnetonka, MN

Location: Glen Lake

This lovely, five-plus bedroom home offers a spectacular private retreat for a family in search of space. Located in the desirable Glen Lake neighborhood in Minnetonka, this new-construction home on a tree-filled lot backs up to a pristine local wildlife area, and a full deck on the second floor takes advantage of the spectacular view.

This 6,000 sq.-ft., two-story cedar-shake home has an attached, oversized, extra-deep heated garage with three separate stalls to accommodate all the toys. Double doors at the rear of the garage open to the back yard. The landscaped lot features decorative boulder retaining walls, and an elegant gazebo bench provides seating in the front yard.

Up-to-the-minute convenience is coupled with a relaxed and welcoming environment throughout this home. The two-story front foyer spotlights a dramatic oversized light fixture, and frames the architectural central stairway of the home. Glass wall panels on the stairway and on the second-floor railings distribute sunlight throughout the house. The entire home is wired for sound, including iPod portals in each room.

*Additional Reports and Historical Information available by request.
Find out more: www.AquaTerraRealEstate.com (952) 230-3117

Professionaly Marketed By:
SHIPMAN + LARSON + KOLKMAN
Todd Shipman, Jeanne Larson and Ben Kolkman
Lakes Sotheby's International Realty

Information

Contact Information

Todd Shipman

(952) 230-3117

Pricing

Price: $1,499,900.00

Property Location

14724 Glendale Road
Minnetonka, MN 55345

Links

Property Details

Virtual Tour

Features

Bedrooms: 6

Bathrooms: 6

Parking Spaces: 3

Year Built: 2006

Lot Size: 1.03 Acres

School District: 270

Square Footage: 6055

Agent Name: Todd Shipman

Broker: Lakes Sotheby's International Realty

MLS #: 3499226

Attributes

Appliances

Range/Oven

Full Refrigerator

Washer/Dryer

Dishwasher

Sink Disposal

Microwave

Interior Amenities

Fireplace

Hardwood Floors

Kitchen Island

Vaulted Ceilings

Basement

Exterior Amenities

Patio

Fenced Yard

Grass Lawn

Secluded setting

EQUAL HOUSING OPPORTUNITY

VFLYER ID: 1986231

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VFLYER ID: 1986231

All information in this site is deemed reliable but is not guaranteed and is subject to change

Northern Minnesota Home and Land For Sale | Next to the Beaver Bay Airport

Fri, 27 Feb 2009 12:53:03 -0600

Beaver Bay Home and Land Next to the Airport

Location: Beaver Bay, MN

Superior Highlands Living.

Perfect spot for an active lifestyle. Snowmobile, hunt, ATV’s, horses, fish, and room for toys. Fly–in, next door to Silver Bay Airport!

2 Barns, House, 5 car garage, 2600' of Beaver Creek! The perfect vacation home for an active life. 55 acres of pasture and wooded landscape. Close to Beaver Bay and all of the north shore. This is a family legacy!

*Additional Reports and Historical Information available by request.
Find out more: www.AquaTerraRealEstate.com (952) 230-3117

Professionaly Marketed By:
SHIPMAN + LARSON + KOLKMAN
Todd Shipman, Jeanne Larson and Ben Kolkman Lakes Sotheby's International Realty

Information

Contact Information

Todd Shipman

(952) 230-3117

Pricing

Price: $500,000.00

Property Location

4602 Highway 3
Beaver Bay, MN 55614

Links

Property Details

Features

Bedrooms: 2

Bathrooms: 2

Parking Spaces: 5

Year Built: 1953

Lot Size: 980x2600

Square Footage: 1401

Agent Name: Todd Shipman

Broker: Lakes Sotheby's International Realty

MLS #: 3592214

Appliances

Range/Oven

Full Refrigerator

Washer/Dryer

Dishwasher

Microwave

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VFLYER ID: 1995488

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VFLYER ID: 1995488

All information in this site is deemed reliable but is not guaranteed and is subject to change

Edina Office Space For Sale | Prime Location | 21,000 sq ft

Fri, 27 Feb 2009 12:44:31 -0600

Edina Office Space 21,000 sq ft Just 2.6 mil

Location: Edina, MN

Invest in your future in this attractive and well-maintained 21,129 square foot office building superbly located in the southwest metro area of Minneapolis, bordering Highway 169 and with convenient access to Highway 62.

With over 2.5 acres, the property offers an inviting and natural setting, just steps from a coffee house and deli, and minutes to fine dining and lodging. Built in 1981, this single-level multi-tenant building provides a pleasant work environment, abundant natural light, fresh air through operable and screened windows, and natural décor.

The building has a full sprinkler system, security with key card access and video surveillance, and is ADA compliant. Tenants enjoy a shared conference room and lunch area with vending machines. The large site also offers ample green areas, picnic tables, and over 100 parking spaces. This office park consistently attracts high-caliber professional tenants.

The excellent location in a high-traffic corridor with significant corporate expansion provides clear visibility from Highway 169, signage opportunities for an anchor tenant, and outstanding future development potential.
*Additional Reports and Historical Information available by request.Find out more: www.AquaTerraRealEstate.com (952) 230-3117

Professionaly Marketed By:
SHIPMAN + LARSON + KOLKMANTodd Shipman, Jeanne Larson and Ben KolkmanLakes Sotheby's International Realty

Information

Contact Information

Todd Shipman

(952) 230-3117

Pricing

Price: $2,600,000.00

Property Location

5776 Lincoln Drive
Edina, MN 55436

Links

Virtual Tour

Property Details

Features

Square Footage: 21,129

Zoning: Business/Commercial

Broker: Lakes Sotheby's International Realty

Exterior Amenities

Parking Lot

Near Shopping

Near Public Transit

VFLYER ID: 1995479

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VFLYER ID: 1995479

All information in this site is deemed reliable but is not guaranteed and is subject to change

Northern Minnesota 280 Lakes Shore Acres For Sale | Warren Lake near Duluth and Two Harbors

Fri, 27 Feb 2009 12:36:25 -0600

280 Acres on Warren Lake near Duluth and Two Harbors

Location: Duluth, MN

280-acre natural forest and private lake for the northwoods enthusiast. 240 forested acres with 40-acre Warren Lake. Compleate tranquility.

25 minute drive from Duluth and close to Lake Pequaywan. Unspoiled natural beauty available for the first time in 100 years. Great fishing, hunting and recreation opportunities. Access off Cty Rd. 44

Find out more: www.AquaTerraRealEstate.com (952) 230-3117
*Additional Reports and Historical Information available by request

Information

Contact Information

Todd Shipman

(952) 230-3117

Pricing

Price: $1,200,000.00

Property Location

XXXX County Rd 44
Duluth, MN 55803

Links

Property Details

Features

Acreage: 280

Zoning: Agriculture

Sewerage: No

Water: No

School District: 381 - Lake Superior

Agent Name: Todd Shipman

Broker: Lakes Sotheby's International Realty

MLS #: 3578673

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VFLYER ID: 1995166

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VFLYER ID: 1995166

All information in this site is deemed reliable but is not guaranteed and is subject to change

Luxury St. Croix River Home For Sale | 235 Woodview Trail, Hudson, Wisconsin

Fri, 27 Feb 2009 12:12:00 -0600

Refined Luxury Home 235 Woodview Trail, Hudson Wisconsin

Location: Hudson, WI

A perfect balance of nature and design, this exclusive residence has been carefully crafted to address every detail. A designer's own residence, you will find quality elements throughout. Executed with only the finest materials, the home features a new kitchen, new baths, and upgraded fixtures and hardware rarely available in a private retreat like this. Hardwood floors, a spacious deck, a custom finished garage, large cedar closet and child's play room or exercise room are some of the details you will find that complete this home.

Soak in the peacefulness of the St. Croix River Valley and enjoy the canopy of trees and the wildlife of the neighborhood. On a quiet lane and a short drive from Hudson, Wisconsin you will be part of an exclusive neighborhood coveted by many. From the moment you arrive, the courtyard fountain will set the tone for a lifetime of beautiful experiences to share with family and friends. Enjoy the serenity of this extraordinary home.

*Additional Reports and Historical Information available by request.
Find out more: www.AquaTerraRealEstate.com (952) 230-3117

Professionaly Marketed By:
SHIPMAN + LARSON + KOLKMAN
Todd Shipman, Jeanne Larson and Ben Kolkman
Lakes Sotheby's International Realty

Information

Contact Information

Todd Shipman

(952) 230-3117

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Pricing

Price: $598,000.00

Property Location

235 Woodview Trail
Hudson, WI 54016
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Property Details

Features

Bedrooms: 4

Bathrooms: 4

Year Built: 1999

Lot Size: 4.8 acres

Square Footage: 3561

Agent Name: Todd Shipman

Broker: Lakes Sotheby's International Realty

MLS #: 3619673

Attributes

Appliances

Range/Oven

Full Refrigerator

Washer/Dryer

Dishwasher

Sink Disposal

Microwave

Interior Amenities

Fireplace

Hardwood Floors

Kitchen Island

Vaulted Ceilings

Basement

Exterior Amenities

Patio

Grass Lawn

Secluded setting

Photo Gallery

View as Slideshow View Photo Gallery (23 Photos)

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VFLYER ID: 2075417

All information in this site is deemed reliable but is not guaranteed and is subject to change

Isle of the Pines Sustainable WI Island Cabin | Shipman + Larson + Kolkman @ Lakes Sotheby's Realty

Thu, 26 Feb 2009 09:51:32 -0600

Isle of Pines Sustainable Cabin

Location: Stone Lake, WI

Energy efficient home built in 2000 has equivalent characteristics to a LEED "silver" designation.

Find mesmerizing tranquility on "Isle of the Pines" on Little Sissabagama Lake, an exemplary north woods wilderness lake. Retreat to the breathtaking sustainable home nestled into a natural clearing of trees to preserve views from the lake and capture summer breezes.

This thoughtfully crafted home is built from locally sourced wood and designed for energy and water efficiency and limited maintenance.

Relax on the insulated wrap-around porch, providing 270-degree views of the lake from oversized windows. The three-bedroom two-bath home offers an exceptionally open floor plan for great lighting and efficient heating and cooling. Gather around the wood stove or enjoy the master bedroom gas fireplace for crisp fall days. Ceiling fans and an efficient air conditioner keep the home comfortable in the summer.

With only three residences on the small island, you'll take full advantage of the natural sugar sand beach, transparent water, and idyllic location near popular former lumber towns.
*Additional Reports and Historical Information available by request.
Find out more: www.AquaTerraRealEstate.com (952) 230-3117

Professionaly Marketed By:
SHIPMAN + LARSON + KOLKMAN
Todd Shipman, Jeanne Larson and Ben Kolkman
Lakes Sotheby's International Realty

Information

Contact Information

Todd Shipman

(952) 230-3117

Pricing

Price: $950,000.00

Property Location

3338N Mallard Lane
Stone Lake, WI 54876

Links

Virtual Tour

Property Details

Features

Bedrooms: 3

Bathrooms: 2

Year Built: 2000

Lot Size: 1.7 acres

Square Footage: 1773

Agent Name: Todd Shipman

Broker: Lakes Sotheby's International Realty

MLS #: 3608711

Attributes

Appliances

Range/Oven

Full Refrigerator

Washer/Dryer

Dishwasher

Sink Disposal

Microwave

Interior Amenities

Fireplace

Hardwood Floors

Vaulted Ceilings

EQUAL HOUSING OPPORTUNITY

VFLYER ID: 2075672

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VFLYER ID: 2075672

All information in this site is deemed reliable but is not guaranteed and is subject to change

Indian Springs Hardwood (Walnut) Plantation 286 Acres | For Sale | Barneveld, WI | Shipman + Larson + Kolkman @ Lakes Sotheby's Realty

Thu, 26 Feb 2009 09:11:15 -0600

Indian Springs Plantation 286 Acres Barneveld, WI

Location: Barneveld, WI

Located in the "Driftless Area" of Southeast Wisconsin, this 300 acre Plantation of Walnut, Oak, Chestnut, Hickory and Pine trees is spread across a spectacular valley. With Limestone outcroppings, two trout streams and pond, more then 5 miles of roads and trails, 28 acre prairie, natural springs, and rolling topography, this is a spectacular opportunity to own an income producing legacy property to be treasured by future generations. The property also features a Prairie School style cabin and 1870's built dairy barn.

A recent timber cruise and survey has identified the current value of more then 100,000 board feet of harvestable timber and estimates the future number of trees for harvest at more then one hundred thousand. Carefully maintained by the current owner for more then 42 years, this land is a natural resource in its own right.

*Additional Reports and Historical Information available by request.
Find out more: www.AquaTerraRealEstate.com (952) 230-3117

Professionaly Marketed By:
SHIPMAN + LARSON + KOLKMAN
Todd Shipman, Jeanne Larson and Ben Kolkman
Lakes Sotheby's International Realty

Information

Contact Information

Todd Shipman

(952) 230-3117

Pricing

Price: $4,300,000.00

Property Location

4345 County Road T N
Barneveld, WI 53507

Links

Virtual Tour

Property Details

Features

Acreage: 286

Zoning: Agriculture

Agent Name: Todd Shipman

Broker: Lakes Sotheby's International Realty

MLS #: 3605584

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VFLYER ID: 2075712

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VFLYER ID: 2075712

All information in this site is deemed reliable but is not guaranteed and is subject to change