23131 Nature Center Road
Spirit Lake, IA, 51360 $ 3,910,000
Bedrooms-- Baths-- Sq 10,459 Monthly Estimate*
$ 27,005
for $3,910,000. This 10,459 square foot building was built in 1999 on a lot size of 2.02.
An inviting boutique inn in the Iowa Great Lakes region, this 13-room hospitality property combines accommodations designed for romantic getaways with landscaped gardens, generous gathering spaces and an on-site owner/manager residence. Set on two acres in the Okoboji, Spirit Lake area, the inn was built in 1999 and includes approximately 10,000 square feet, including a 1,793-square-foot residence. Each guest room or suite features a private en-suite bathroom, fireplace and refrigerator. Eight accommodations include whirlpools, while selected rooms offer verandas or patios. These amenities create a welcoming setting for couples seeking a relaxing getaway. Guest common spaces include a 24-seat dining room with a fireplace, baby grand piano and French doors opening to the verandas; a lobby with adjacent retail space; a second floor sitting area with a coffee station; and a Garden Level den with a kitchenette, pool table, television and electric fireplace. Outside, a wraparound veranda, courtyard pavilion, gazebo and garden paths invite guests to linger. A rear patio with a wood-burning fireplace offers another setting for outdoor dining and conversation. The one-bedroom owner/manager residence includes a five-piece en-suite bath, walk-in closet, open living and dining area, office/front desk area and double-sided fireplace. Verandas, a private entrance and an attached two-car garage provide comfortable and convenient on-site living. The residential kitchen and laundry area are integrated into a shared layout with the commercial kitchen. A well-equipped commercial kitchen, three washer/dryer sets, 15 parking spaces, two Level 2 EV chargers and well-fed irrigation support the operation. Recent improvements include the courtyard pavilion, EV charging facilities, guest-room renovations and six cascading tankless water heaters installed in 2025. Offered at $3,910,000 as an operating hospitality business, the sale includes all business assets, including furniture, fixtures, equipment and guest-room contents, guest data and advanced reservations as well as the Inn website, domains, photography and digital assets. The owner/manager quarters will be delivered vacant at closing. Don't miss out on the opportunity to own a successful bed and breakfast in Okoboji at The Oakwood Inn.
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FeaturesInteriorInterior Features Fire Alarm Restrooms Smoke Detector
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GeneralSewer Public Sewer
Construction Frame/Wood
Heating Boiler Fireplace Forced Air
Cooling Central
Roof Asphalt
current use Bed & Breakfast Hotel/Motel Resort
Flood Zone Unknown
Number of Units 13
Class COMMERCIAL
Assessments Unknown
Type Resort
Yearly Taxes 13974
Tax Year 2025
Fuel Natural Gas
Status Active
Subdivision IA
Sale/Rent For Sale
Status Detail 0
Construction Materials Cement Siding
Primary City Spirit Lake
Year Built 1999
Directions Hwy 71 to Nature Center Road. Turn west second driveway on left.
City Spirit Lake
Total Sq Ft 10459
DOM 1
Secondary City Dickinson County
Postal Code 51360
Price Per Sq Ft Total AG 373.84
Public Remarks An inviting boutique inn in the Iowa Great Lakes region this 13-room hospitality property combines accommodations designed for romantic getaways with landscaped gardens generous gathering spaces and
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ExteriorExterior Features Security Lighting
Waterfront 0
Number of Parking Spaces 15
Lot Size Source Assessor
Water Source Public/City
Parking Features Attached Garage Driveway-Concrete Heated Garage Insulated Garage Uncovered/Open
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* Excluded FeaturesList ByKatie SlaterListing Agent
Nexthome At The LakesBroker
katie@nexthomeatthelakes.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $27,005
- Monthly Property Taxes
- $1,165
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Spirit Lake, IA
Average List Price $289,955
Percent of Sale Price 93%
About Spirit Lake, IA 5,191 Population
15% Since 2002
$ 58,432 Median Income
43.82 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
1883306 Elementary School
1883255 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/24/2026 | $3,910,000 | | Listed Price |