Discover a once-in-a-lifetime opportunity to own an extraordinary piece of Minnesota's Northwoods. Offered for sale for the very first time, this remarkable 3.9-acre waterfront parcel on the north end of Pequaywan Lake features over 200 feet of pristine shoreline, with a significant portion nestled inside a deep-water private bay. The heavily wooded landscape provides the ultimate in secluded privacy paired with rare, dual-aspect vistas. Enjoy stunning panoramic south-facing views looking directly over the water, alongside beautiful north-facing views looking out over a 346-acre protected ridge of State of Minnesota public land. Whether you envision a luxury lake home or a cozy northwoods getaway, this exceptional acreage offers the perfect canvas for your vision. Outstanding fishing, kayaking, and wildlife viewing are waiting right from your shoreline, all within a short, scenic drive of Duluth. Key structural improvements have already been completed, including premium fill brought onto the site and electricity ready at the road. As an added benefit, the road association provides free access to gravel and rocks for your future building projects. For outdoor enthusiasts, extensive local ATV and snowmobile trail networks can be accessed directly from the property. Come join a vibrant, welcoming lake community just moments away from the historic Pequaywan Inn-a beloved local hub for food, drinks, and neighborhood gathering. Seller Financing Options Available: The seller is offering a Contract for Deed with 20% down, a 5.25% interest rate, and a 3-year balloon payment (exact terms to be negotiated). Don't miss this rare chance to claim an untouched waterfront sanctuary that has been cherished for generations.