Pricing
The last available unfinished unit is currently available at a price of $335,000. We have an appraisal on file for an earlier unit dated September 2016 for #322,000. Please contact developer to verify current pricing as he reserves the right to adjust this price from time to time without notice.

Financing
Frandsen Bank & Trust is an aggressive local lender that has provided construction financing for this project. They are intimately familiar with both this project and the Brainerd Lakes Area, and are committed to offering a very competitive loan package for any qualified buyer interested in Bay Pointe. Because they may have a recent appraisal on file, they may also be able to offer significant savings on closing costs.
If interested, contact Greg Breen, Vice President @ 218-822-3353

Association Dues
The current dues of $160 per month per unit include payment of:
  • Common area electricity (e.g.water, sewer, sprinkler system)
  • Building hazard and liability insurance
  • Snow removal, road, unit and lawn maintenance
  • Installing and removing docks each year
  • Reserve for replacement
 

Real Estate Taxes
The 2015 real estate taxes payable for one of the homesteaded units were $2,064/year for the unit, its corresponding attached garage parcel, and its undivded share of the common area land and lakeshore

Annual Natural Gas Cost
Actual Xcel gas bills from 1/1/2014 through 12/31/2014 for heating of 2,252 square feet including attached garage, hot water, stove and clothes dryer in unit #3a totaled only $688 for the year. This is due in large part to the highly insulated exterior shell of the buildings and the passive solar advantage gained by the southerly exposure of the units
 
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