23131 Nature Center Road Spirit Lake, IA $ 3,910,000
23131 Nature Center Road
$ 3,910,000
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23131 Nature Center Road

Spirit Lake, IA, 51360
$ 3,910,000
Bedrooms-- Baths-- Sq 10,459

Monthly Estimate*

$ 27,005

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Commercial Property for sale in Spirit Lake, IA

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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Commercial Active

Price

$ 3,910,000

Property Type

Commercial

Taxes

$ 13,974

Style

Resort

Lot Size

2.02

Year Built

1999

Town/City

Spirit Lake

County/Region

Dickinson

MLS | Web ID

261392

Features
Interior
Interior Features Fire Alarm Restrooms Smoke Detector
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General
Sewer 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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Exterior
Exterior 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 Features
List By
Katie Slater

Listing Agent

Nexthome At The Lakes

Broker

(712) 320-0887

Phone

katie@nexthomeatthelakes.com

Email

Affordability Calculator

$28,170
Per Month
96%
4%
0%
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.
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Nearby
1883306 Elementary School
1883255 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/24/2026$3,910,000 Listed Price

Map


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23131 Nature Center Road, Spirit Lake, IA, 51360 is a Commercial Property for sale at $3,910,000 with 10,459 sqft and a lot size of 2.02. 23131 Nature Center Road was built in 1999. The property's zip code is 51360 which is in Spirit Lake, IA