Meshigun Point Townhome Sells

Meshigun Point Townhomes, Wahkon

Talk with Chip Frederickson and you have to believe that the Mille Lacs Lake real estate market is poised for a comeback.

The co-owner of Meshigun Point Townhomes in Wahkon announced that he and his father, Shooter, have sold the first of three luxury townhomes which are part of a 12-unit planned development on eastern portion of Meshigun Point that also includes Frederickson Marina.

This comes almost three years since the Frederickson's built the three-unit townhome complex, which stands majestically just feet from Wahkon Bay, facing Half Moon Island and with views of Jacks, Outer Twin, Lower Twin and Spider Islands.

"Things are looking up in 2011," said Frederickson, who works full-time in sales for Country Lumber in Wahkon and Becker.  He covers the greater Mille Lacs area. "We were like everyone else, rolling along in 2005 and 2006 and we built and had high aspirations but our timing could not have been worse with the economy, so it's been a long three years."

One can't help but be optimistic when talking with Frederickson who is a fit, athletic guy who looks like he just stepped off the football field from his college playing days at South Dakota State in the late 1990s. He's worked with his father since graduation and the duo decided that a 12-unit, luxury planned unit development was the ticket when lake taxes reached their ceiling before the current recession.

"We're the nicest planned unit development and marina on the lake and I can say that without any reservation,"  Frederickson said.  He may be right.  The townhomes have every amenity, including custom cabinets, a two-car garage, stunning views, a covered boat slip, stamped concrete patios, paver driveways and top-shelf appliances and millwork. Checkout the Meshigun Point Townhomes website for more detail.  Or better yet, call Chip for a showing at 651-221-6923.

"We've got a great location, privacy and quality," he said.  Of the three current units, the first closing is scheduled for mid April on the middle unit.  One end unit serves as a model and is truly five-star in quality.  The other end unit is unfinished so that a buyer can choose his or her own cabinets, carpets, colors, appliances, etc.

Being 50-feet off the water with city sewer,  a one-minute wave runner ride to perfect sand beach, in a top-shelf gated community that features your own covered slip, a fish cleaning area with bathrooms and on-site fuel has a lot of people looking at the Meshigun Point Townhomes right now. In addition, with gas prices skyrocketing and projected to remain high, Mille Lacs is becoming even more appealing to lake home owners for its proximity to the Twin Cities.

"We've got all price points covered and there is something for everyone that wants that no-maintenance lake home,"  Frederickson said.   He is zeroing in on landscaping, moving a building and overall grounds improvement this summer.

"Once these other two units sell, we'll be digging footings on the next two units,"  Frederickson said, smiling. In addition to his lumber sales job and marketing the townhomes, Frederickson is married to Roxanne, a busy sales rep for International Paper and mother of two children --  William, 8, and Cori, 5.  Frederickson also serves on the Wahkon city council as a street commissioner.

"I can't wait for the day to hand the baton over to a homeowner association," Frederickson said. "Right now its extreme hands on!"  With the market coming back and buyers advancing on Mille Lacs, that day may be soon.

History:  The Frederickson's at one time had 24 trailers on the property.  The family history of ownership is detailed at the Meshigun Point website.  In 2000, they rebuilt the Marina and in 2006, they built a launch center, which houses the fish cleaning area and bathrooms.  The upper floor serves as a northern show-room location for Country Lumber.

Marina:  The 45-slip covered marina is top shelf.  It has some vacancies for the 2011 season.  The site has a public launch that can accommodate parking with boat trailers.  Cost is $15 per launch.  Fuel is also sold at the marina.  Contact Chip Frederickson at 612-221-6923 for more details on placing at boat in the marina.