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More Than Real Estate — It’s a Lifestyle
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Vacation Ownership at Quarterdeck Resort
YOUR OPPORTUNITY TO OWN ON THE WEST SIDE OF GULL LAKE
Two vacation rentals, available now as first-time resales, each with a proven track record in the Quarterdeck rental program.
| ✓ | Access to resort amenities |
| ✓ | Fully furnished & decorated |
| ✓ | Access to QD Social |
| ✓ | On-site restaurant & bar |
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| ✓ | Lakeside patio |
| ✓ | Events & live music |
| ✓ | Private boat launch |
| ✓ | Rental income opportunity (50/50 split) |
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What to expect: the 3-year ramp
New resort product typically takes a full three-year build-out to reach stabilized rental performance. Lakeside Loft #110 is entering year three; Woodsmoke Cabin #309 is early in the curve.
| Year 1 · Occupancy build. Awareness and distribution grow; early reviews and repeat guests begin. |
| Year 2 · Rate optimization. With a stronger base, revenue management pushes ADR and captures more shoulder-season demand. |
| Year 3 · Booking maturity. Minimum stays, premium-date controls and booking rules tighten, improving the mix of length-of-stay and higher-value windows. |
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The Entertainer · Lakeside Loft #110
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FIVE BEDROOMS. SEVEN BATHS. A ROOFTOP BAR 35 FEET ABOVE THE WATER.
Seventy-five feet from the water, with three stories of floor-to-ceiling glass pulling Gull Lake into every room. A gourmet kitchen with top-of-the-line stainless appliances, a king lake-view master suite, a lower-level family and game room with pool table and fireplace, and sleeping for up to 14. The star is the private rooftop bar 35 feet above the lake, with a gas firepit, a grilling station and seating for ten. Completed in Summer 2023 by W. Gohman Construction, a first-time resale.
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| Offered at | $2,265,000 |
| Home | 5 bed · 7 bath · 3,573 sq ft · sleeps 14 |
| Owner usage available | 42 Summer days · 100 Winter days |
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Rental Income Opportunity · 50/50 net split
Completed Summer 2023 and opened to guests that August, so 2023 was a partial year. 2024 and 2025 are its first two full years. The current owner has used the home only six nights to date, which keeps rentable availability high.
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| Year |
Occ. |
Nights |
ADR |
Revenue |
| 2023 |
21.4% |
78 |
$1,117 |
$87,146 |
| 2024 | 36.9% | 135 | $1,238 | $167,068 |
| 2025 | 40.5% | 148 | $1,182 | $174,927 |
| 2026* | filling | 153 | ~$1,224 | $187,306 |
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*2026 reflects advanced reservations on the books. All reservations are subject to change. Gross room revenue shown; net room revenue is split 50/50 between owner and resort. This is not a guarantee of future earnings.
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Estimated monthly carrying cost
| Association dues | $450 |
| Utilities (electric, gas, internet/TV) | ~$387 |
| Insurance | ~$306 |
| Linen & guest supply | ~$208 |
| Deep cleaning | ~$63 |
| Property taxes (est.) | ~$375 |
| Approx. fixed monthly carry | ~$1,790/mo |
Estimates only, subject to change, and before any mortgage. The Quarterdeck rental program offers rental income that can offset these ownership costs, with net room revenue split 50/50.
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The Modern Retreat · Woodsmoke Cabin #309
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MOUNTAIN MODERN, FOUR BEDROOMS, AND A ROOFTOP DECK WITH GULL LAKE VIEWS.
Open-concept upstairs around a stone-and-wood fireplace, three ground-level bedrooms each with a private ensuite, and a bunk room that sleeps four with a charging station and reading light in every berth. Then the private rooftop deck with Gull Lake views. Completed in Spring 2025 by W. Gohman Construction, now offered as a first-time resale.
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| Offered at | $1,400,000 |
| Home | 4 bed · 4 bath · 2,368 sq ft |
| Owner usage available | 42 Summer days · 100 Winter days |
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Rental Income Opportunity · 50/50 net split
Gross room revenue. Completed Spring 2025 and opened May 22, with its first guest stay in June, so 2025 was a partial first season. The owner also used 22 personal days, which lowers rentable nights.
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| Year |
Occ. |
Nights |
ADR |
Revenue |
| 2025 |
~30% |
64 |
~$846 |
$54,142 |
| 2026* | filling | 130 | ~$589 | $76,544 |
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*2026 reflects advanced reservations on the books. All reservations are subject to change. Gross room revenue shown; net room revenue is split 50/50 between owner and resort. This is not a guarantee of future earnings.
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Estimated monthly carrying cost
| Association dues | $450 |
| Utilities (electric, gas, internet) | ~$240 |
| Insurance | ~$260 |
| Linen & guest supply | ~$167 |
| Deep cleaning | ~$50 |
| Property taxes (est.) | ~$417 |
| Approx. fixed monthly carry | ~$1,585/mo |
Estimates only, subject to change, and before any mortgage. The Quarterdeck rental program offers rental income that can offset these ownership costs, with net room revenue split 50/50.
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Why the West shore keeps getting busier
OWNERSHIP COMES WITH THE WHOLE RESORT
QD Social runs year-round: an outdoor pool, hot tub and sauna with a heated deck, an indoor fitness center, a lounge and café, and a Retrocade with pinball, arcade games, shuffleboard and billiards. Add a full bar and grill steps from the water, live music, more than 1,000 feet of Gull Lake beachfront, and a private marina with boat and watercraft rentals. It is the resort’s own promise, and it fits: #MoreFunOnGull.
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SEE BOTH UNITS FROM ANYWHERE.
There are several moving parts to ownership, and they are best walked through together. Book a virtual discovery tour and our team will take you through both homes, the rental program and the full due diligence, live and on screen.
Or call the Evolution Real Estate Team · 218-316-7555 |
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As a Quarterdeck Resort home owner you are not purchasing an investment, but rather a vacation home that has a rental program available for you to take advantage of to decrease your total cost of ownership. We are prevented by law from making projections for yearly income from the rental home. We advise you consult with your financial advisor or tax professional. All cost figures referenced are estimates based on the Quarterdeck Ownership Guide, current Nisswa, MN market data and standard Cass County operating cost ranges; actual costs vary. Evolution Resort Real Estate is committed to Equal Housing Opportunity and equal access to housing for all.
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More Than Real Estate — It’s a Lifestyle
EVOLUTION REAL ESTATE TEAM
14263 Golf Course Drive N, Baxter, MN 56425
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Copyright © 2026 Evolution Resort Real Estate. All rights reserved. Brokered by eXp Realty.
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