Waterfront Estate Washington

Lake Michigan

Lake Michigan

Potential for Residentialwith Private

Harbor

WATERFRONT ESTATE PROPERTY / PRIVATE HARBOR ON LAKE MICHIGAN 21 - 35± acres | Washington Island, WI

Eddy A. Dingman | Real Estate/Business Broker | + 847 987 6626 Direct | [email protected]

www.nationalgolfandmarina.com

NATIONAL GOLF & MARINA PROPERTIES GROUP | www.nationalgolfandmarina.comof Coldwell Banker Commercial NRT

WATERFRONT ESTATE / PRIVATE HARBOR (21-35± ACRE PROPERTY)

PLEASE DO NOT DISTURB EMPLOYEES

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This offering has been prepared solely for informational purposes. It is designed to assist a potential investor in determining whether it wishes to proceed with an in-depth investigation of the subject property. While the information contained herein is from sources deemed reliable, LW�KDV�QRW�EHHQ�LQGHSHQGHQWO\�YHUL¿HG�E\�1DWLRQDO�*ROI�DQG�0DULQD�3URSHUWHLV�*URXS�RI�&ROG-ZHOO�%DQNHU�&RPPHUFLDO�157�RU�E\�WKH�6HOOHU��

This document is provided subject to errors, omissions and changes in the information and is VXEMHFW�WR�PRGL¿FDWLRQ�RU�ZLWKGUDZDO��7KH�FRQWHQWV�KHUHLQ�DUH�FRQ¿GHQWLDO�DQG�DUH�QRW�WR�EH�UHSURGXFHG�ZLWKRXW�WKH�H[SUHVV�ZULWWHQ�FRQVHQW�RI�1DWLRQDO�*ROI�DQG�0DULQD�3URSHUWHLV�*URXS�RI�&ROGZHOO�%DQNHU�&RPPHUFLDO�157��

Disclaimer Statement

NATIONAL GOLF & MARINA PROPERTIES GROUP | www.nationalgolfandmarina.comof Coldwell Banker Commercial NRT




Table of Contents

EXECUTIVE SUMMARYTHE OFFERING ..................................................................1

PROPERTY OVERVIEWPROPERTY DETAILS .........................................................2 AERIAL PHOTOGRAPHS....................................................3ISLAND & NAUTICAL MAPS ...............................................6 PLAT OF SURVEY ..............................................................9

LOCATION OVERVIEWABOUT WASHINGTO ISLAND .......................................... 11 ISLAND FERRY MAP ........................................................ 14

CONCLUSIONOPINION OF VALUE ......................................................... 15 CONTACT INFORMATION ................................................ 16

•1•NATIONAL GOLF & MARINA PROPERTIES GROUP | www.nationalgolfandmarina.comof Coldwell Banker Commercial NRT




The National Golf and Marina Properties Group of Coldwell Banker Commercial NRT is pleased to offer the sale of Sunset Bay Private Harbor, a beautiful place to have your own personal estate and private harbor to dock your mega yacht. The property is located at South Shore & Njord Heim Drive, Washington Island, WI.

This large 21± acreage waterfront commercial property creates a great lakes destination and private residence. Tap into the potential for multiple income sources such as condos, townhomes, shops, a restaurant with water views - the opportunities are endless. Also available is an adjacent 14± acre vacant inland lot with pond and building. This separate parcel can be purchase separately or in addition to Sunset Bay.

Washington Island is a unique destination. Island living is richer and more earthy than the hustle and bustle of lower Door County. It takes a special person to appreciate the lifestyle of the island’s residents.

WATERFRONT ESTATE/PRIVATE HARBOR Washington Island, WI

Lake Michigan

Offer Price: $1,875,000 - $2,071,000





Sunset Bay - With a total of 21± acres of waterfront commercial property, this private harbor includes the following highlights:

` 21± acres of commercial/residential zoned shorefront

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` Fantastic income potential

` Buildable for high-end multi-family or personal estate

` Airport on Washington Island

` 9-hole golf course on the Island

` Open areas and wooded areas

Additional Parcel - With a total of 14± acres of open meadow, woodland, rocky ridges and wildlife pond. An inland haven, yet close to the lake so you will be able to hear the waves as they roll onto the shore. 7KH�SURSHUW\�FDQ�EH�GLYLGHG�LQWR�VPDOOHU�ORWV�DQG�WKH�0&�]RQLQJ�DOORZV�IRU�UHVLGHQWLDO�DQG�RU�FRPPHUFLDO�XVH��0DQ\�RSWLRQV��7KH�EXLOGLQJ�LV�FXUUHQWO\�XVHG�IRU�UHQWDO�VWRUDJH�

` 14± acres of commercial/residential zoning

` Building size of 38' x 78'

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` Approximate taxes of $2,806 (2012)

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The subject property includes two parcels that can be purchased separately or as a combined development opportunity. Details on each available acreage is detailed below:

Offer Price: $1,875,000

Combined Offer Price: $2,071,000

Offer Price: $196,000





Lake Michigan

Lake Michigan

21± BUILDABLE ACRESSingle Family

High end Condos

Protected Harbor

Location Aerials





Lake Michigan

Lake Michigan

Location Aerials





Location Aerials - Additional Parcel

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Island Maps

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Island Maps

Additional 14± acre parcel

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Nautical & Location Maps





Plat of Survey





Plat of Survey





Location Overview

About Washington Island, Wisconsin

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A geological marvel, this smooth limestone beach provides excellent swimming for advanced swimmers in a marked area with a diving raft. If you aren’t a fan of sand in your shoes this is a must see. The crystal FOHDU�ZDWHUV�RI�/DNH�0LFKLJDQ�DUH�EHVW�YLVLWHG�ZLWK�D�QRUWK�ZLQG�WR�EULQJ�LQ�the warmer surface waters of this deep harbor. The water deepens fairly quickly and diving, rafting or snorkeling is great. This town park presents D�IDYRULWH�DUHD�IRU�SLFQLFV�DQG�JULOOV�DPLGVW�D�EHDXWLIXO�ZRRGHG�VHWWLQJ��&DXWLRQ��SOHDVH�GRQ¶W�take the rocks as this resource has suffered from the past removal of loads of stone and the maturation of trees in the parking and picnic area.)

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A 900-acre state park which boasts the most beautiful beach of Door &RXQW\�RQ�LWV�VRXWKHUQ�VKRUH��5RFN�,VODQG�LV�WKH�ORFDWLRQ�RI�WKH�HDUOLHVW�settlement of the Township of Washington. It is also the site of the ROGHVW�OLJKWKRXVH�LQ�:LVFRQVLQ�ZDWHUV��1LFH�KLNLQJ�WUDLOV��EHDXWLIXO�EHDFK��UXVWLF�FDPSLQJ��+LVWRULFDO�EXLOGLQJV�RSHQ�WR�WKH�SXEOLF��1R�YHKLFOHV�SHUPLWWHG��$FFHVV�DW�-DFNVRQ�+DUERU�YLD�WKH�SDVVHQJHU�IHUU\�.DU¿��%RDW�GRFNDJH�DYDLODEOH�VXEMHFW�WR�ZDWHU�FRQGLWLRQV�

Airport

Washington Island has a 2 grass runways, that allow for planes to land on the Island. It is a well maintained public strip that is mowed and plowed by the Town of Washington. Tie down fees are minimal and the ($$�FKDSWHU�KDV�D�&RXUWHV\�9DQ�IRU�XVH��$�SLFQLF�DUHD�LV�SURYLGHG�IRU�public use at the entrance to the airport. There are tables and other facilities available for you while you watch airplanes take off and land.

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Watch the sun rise or enjoy a picnic lunch and a swim. This lovely sand beach has exceptional YLHZV�RI�+RJ�,VODQG�DQG�HDVWHUQ�YLVWDV��$PSOH�SLFQLF�WDEOHV�DQG�JULOOV�DUH�DYDLODEOH��7KH�JHQWOH�slope of this beach is very nice for bringing small children for wading.





Jackson Harbor Ridges7KH�5LGJHV��D�6WDWH�RI�:LVFRQVLQ�6FLHQWL¿F�$UHD��LV�DQ�RXWVWDQGLQJ�H[DPSOH�RI�EHDFK��GXQH��ERUHDO�DQG�shore meadow communities. Information about the Ridges and its program is posted on the bulletin board at the gate. The protected shallow harbor offers wonderful warm swims throughout the summer. The nature trail is open daily for nature study, photography, and peaceful walking.

Red Barn Park/Gislason Public BeachThis family park and beach area is designated alcohol and drug free. Located on a 13-acre tract at the south end of the island, it includes playground, picnic area with grills and benches along the waterside and a small rustic theater, which holds family style performances during the summer.

Sand Dunes Beach:DONLQJ�D�VKRUW�GLVWDQFH�RQ�D�VDQG\�WUDLO�\RX¶OO�¿QG�D�VDQG�EHDFK�ORFDWHG�RQ�WKH�VRXWK�VLGH�RI�WKH�,VODQG��6RXWKHUQ�ZLQGV�EULQJ�LQ�:DUP�/DNH�0LFKLJDQ�VXUIDFH�ZDWHU�WR�WKLV�EHDFK��7KH�ZDWHU�TXDOLW\�LV�GHSHQGHQW�year to year on lake levels. When the water is low this beach is less attractive for swimming. The gentle VORSH�DQG�¿QH�VDQG�PDNH�WKLV�D�IDYRULWH�RI�IDPLOLHV�ZLWK�VPDOO�FKLOGUHQ��7KH�ODUJH�H[SDQVH�SURYLGHV�VXQ�VHHNHUV�D�TXLHW�UHVSLWH�WR�VRDN�XS�WKH�UD\V��1R�FDPS¿UHV��3LFQLF�OXQFKHV�SHUPLWWHG�

Jackson Harbor Maritime Museum7KH�PXVHXP�LV�ORFDWHG�LQ�WZR�IRUPHU�¿VKLQJ�VKHGV�ORFDWHG�LQ�-DFNVRQ�+DUERU�ZKHUH�¿VKHUPHQ�FRQWLQXH�LQ�WKH�FRPPHUFLDO�¿VKLQJ�WUDGH��9LHZ�DUWLIDFWV��SKRWRJUDSKV�DQG�YLGHRV�RQ�ORFDO�PDULWLPH�KLVWRU\�LQFOXGLQJ�FRPPHUFLDO�¿VKLQJ��&RDVW�*XDUG�DQG�DUHD�VKLSZUHFNV�

W.I. Farm Museum2SHQHG�LQ�-XQH��$�QRQ�SUR¿W�:LVFRQVLQ�&RUSRUDWLRQ��)RXQGHG�IRU�WKH�public enjoyment and education about farm life on the Island. Weekly DFWLYLWLHV�IRU�FKLOGUHQ�

Jacobsen Museum6HH�DQ�RXWVWDQGLQJ�FROOHFWLRQ�RI�QDWXUDO�DQG�KLVWRULFDO�DUWLIDFWV�RI�WKH�UHJLRQ��$OVR��D�VPDOO�ORJ�FDELQ��RQFH�RZQHG�E\�-HQV�-DFREVHQ�SULRU�WR��KDV�EHHQ�UHVWRUHG�ZLWK�DXWKHQWLF�IXUQLWXUH�DQG�D�PDQQHTXLQ�RI�-HQV�ZKLFK�DGGV�UHDOLVP�WR�WKH�FDELQ��7KH�PXVHXP�LV�RSHQ�RQ�0HPRULDO�'D\�ZHHNHQG�DQG�WKHQ�GDLO\��XQWLO�LWV�FORVLQJ�&ROXPEXV�'D\�

Mountain Park Lookout Tower

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Art and Nature CenterArt and Nature Center

6LQFH��WKH�$1&�KDV�ÀRXULVKHG�DV�D�QRW�IRU�SUR¿W�RUJDQL]DWLRQ�IRU�Islanders and visitors, promoting the creative arts, providing a sales outlet for Island artists and craftsmen, and directing nature study programs with special emphasis on youth education. Its only sources of funds are contributions, memberships, book store sales and art commissions.

7KH�EXLOGLQJ�KRXVLQJ�WKH�$1&�GDWHV�EDFN�WR��DQG�ZDV�RULJLQDOO\�XVHG�DV�D�VFKRROKRXVH��RQH�RI�IRXU�VFKRROV�RQ�WKH�,VODQG��8SRQ�FRQVROLGDWLRQ�of the schools, the building became the high school and was used as such XQWLO��7KH�$1&�ZDV�WKHQ�IRXQGHG�LQ��IRU�WKH�SUHVHUYDWLRQ�DQG�promotion of creative arts and natural history of Washington Island.

Mosling Recreation Center

7KLV�JUDFLRXV�JLIW�WR�WKH�,VODQG�FRPPXQLW\�IHDWXUHV�D��ƍ�[��ƍ�LQGRRU�swimming pool, whirlpool, well-equipped exercise room, locker rooms, a meeting/game room and two outdoor tennis courts. The facility provides a year around exercise and relaxation center. A wide range of classes and programs DUH�RIIHUHG�WKURXJKRXW�WKH�\HDU�UDQJLQJ�IURP�KHDOWK��¿WQHVV�WR�WKH�DUWV��2SHQ�to the public, annual pass and daily user fees.

Trueblood Performaing Arts Center

0DLQ�5RDG�±�<HDU�URXQG�KRPH�IRU�WKH�SHUIRUPLQJ�DUWV��EXVLQHVV�FRQIHUHQFHV��OHFWXUHV�DQG�FLQHPD��73$&�LV�D�VWDWH�RI�WKH�DUW�IDFLOLW\��$��F��FKDULWDEOH�JURXS��73$&�LV�VXSSRUWHG�E\�PHPEHUVKLSV��program partnerships, ticket sales and generous donations from patrons like you.

Other Washington Island Amenities:

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- Fire Department with parademics

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- Over 100 miles of paved roads





Island Ferry Map





Opinion of Value

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` Airport on the island

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` Buildable acreage for high-end condo

development with private harbor

` All usable acreage

` One-of-a-kind investment opportunity

` Option of adjoining parcel





Contact Information

Our contact details are found below:

Exclusive Agent:

Eddy A. Dingman0DULQD�%XVLQHVV�%URNHU+ 847 987 6626 Direct+ 781 810 9653 [email protected]

Valerie R. Rivera0DULQD�%URNHU�$VVRFLDWH+ 847 313 4620 Direct+ 781 609 4679 [email protected]

www.nat ionalgol fandmarina.com

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Date post:	18-Aug-2015
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Waterfront Estate Washington

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