Stanley Shores. Ownership Opportunities. at Lac O Seasons Resort. Learn About the Benefits You Never Knew Were Possible...

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1 Stanley Shores Condominiums at Lac O Seasons Resort Ownership Opportunities Learn About the Benefits You Never Knew Were Possible...

2 Welcome Home The Stuff Dreams Are Made Of Own a Piece of Paradise Lac O Seasons Resort and Stanley Shores offer a unique opportunity to own a piece of the beautiful northwoods without any of the hassles of a typical vacation home. Maintenance, white-glove cleaning, upkeep all are provided. Arrive at the lake and be on vacation. 73 Stanley Lake Iron River Michigan Looking for a place far removed from rush hour traffic? Away from endless s and interoffice messaging? Somewhere that feels like a step back in time to a gentler pace of life? Take a deep breath of clear, clean air and imagine yourself in the heart of an outdoor paradise. A place where traffic is waiting at a stop sign for a single car. A sanctuary where it s easy to turn electronic gadgets off for days at a time. A remote retreat where more stars are visible than a person can count. Where trees outnumber people. Where fish jump as the sun slowly dips below the crystal clear horizon. Where the fall colors fill the forest with glorious beauty. Where the winter snow blankets the earth with pristine, sparkling majesty. The dream is within grasp. Give your family a gift that will last a lifetime time together in the breathtaking beauty of nature at its finest. LAC O Seasons Resort Map Resort Properties For Sale Condominium Properties 598 Lake Front Access Birch View Homestead Cottage 1 Cottage 2 Sold Pool Building & Office Stanley Lake Cottage 3 Cottage 4 Cottage 5 Sold Knotty Pine Gretel Mov Reve Sold Mangers Home 2

3 The Resort Pool & Lodge Never lose another vacation day to rainy weather. Lac O Seasons Resort offers an indoor heated pool, whirlpool and sauna in the community clubhouse. 598 of shoreline Stanley Lake The Perfect Place to Play The clubhouse provides the perfect place to play, relax, or soak up the sunshine. It s also a place to build community. Many Lac O Seasons guests have been returning for years and even generations. And not just for the natural beauty outside, but for the beauty of friendships built over the years. Kids grow up and bring their own kids here, and there s a reason for that. Happy memories are lived and made at Lac O Seasons Resort. Dip Your Toes In Stanley Lake is nestled in the trees, tucked into a land that time seems to have forgotten. And those blessed enough to experience it are forever grateful. Peaceful and serene, the sleepy lake is a fisherman s dream come true. From pan fish to trophy muskies, spring-fed Stanley Lake offers a wide variety of fishing pursuits. Stanley Shores offers owners the once-in-a-lifetime opportunity to own a piece of community lake frontage at a fraction of the price of the current market. Seems too good to be true? Explore Stanley Shores and see for yourself. The only thing missing is you!

4 Lac O Seasons Resort Exclusive Properties Cottage For Sale Knotty Pine Serenity with Ammenities So much more than just a cabin in the woods! It s a beautiful marriage of a vacation home and income opportunity, established rental properties and full-time managerial oversight. Learn more on pages 14 & 15 Cottage For Sale Gretel Three bedrooms with full bath. Open living room with wood laminate floors & gas fireplace. Large wrap around deck. A Renovated Northwoods Dream Cabin From its hilltop perch, Knotty Pine is nested in trees at the top of a rise that overlooks the lake and lakefront cottages. Sunsets pour over the large wrap around deck the perfect place to recount the joys of the day while cooking on the BBQ. Filled with Northwoods charm, Knotty Pine is a log sided structure, while its interior is paneled entirely with its namesake knotty pine. Charming in every way, Knotty Pine is the perfect cottage to put your feet up and soak in the beauty of the Northwoods. A Quiet Getaway Surrounded by Natural Beauty Open living room with full kitchen. Stargazer front deck and side entry. Tucked into the woods in a park-like setting, Gretel is surrounded by ferns and wildflowers and the whispers of the wind in the trees. An ideal retreat from the world, Gretel offers the cozy comforts of home without any of the concerns. There is a full kitchen opening to a quaint living area, two bedrooms and a full bath. If you enjoy quiet natural surroundings, then Gretel with its stargazer front deck is the cottage for you. 6 Ownership Benefits Read more about the benefits of cabin ownership on page 14 Ownership Benefits Read more about the benefits of cabin ownership on page 14 7

5 Stanley Shores At Lac O Seasons Resort Homestead Lake Front Property with Perks! Your own Northwoods lakefront cottage with complete resort ammenities and income opportunities. Learn more about Notty Pine & Gretel Cottage ownership on page XX Four bedrooms, two full baths, laundry. Vaulted living room, game room and two lake facing decks. The Best of Everything with Room to Spare Homestead is a prime lakefront property with million dollar views at a fraction of the price. Natural wood interior lends a rustic elegence to the scenery indoors. Currently the newest rental property, this cabin is the perfect gathering place for family and friends. Homestead includes a spacious living area, a rec room, and a large kitchen space making it a great retreat for two generations or two families who wish to share vacation experiences together. The master bath includes a washer and dryer as well. Settle into a deck chair, and drink in the beauty of lakeside living from one of two decks overlooking Stanley Lake. Homestead has the highest income of all the cabins and is truly a Northwoods best buy! Lake Front Property & lots of room with a view! 8 Great Owner Benefits. 9

6 Stanley Shores At Lac O Seasons Resort Cottage 1 Lakefront Property with Perks! Your own Northwoods lakefront cottage with complete resort ammenities and income opportunities. The best of lake house ownership with none of the hassle. Learn more on pages 14 & 15 Cottage 2 Cozy Northwoods Comfort Classic Lakeside Cottage Open living room/kitchen area. Large lakeside covered porch for great sunsets. One of the closest cottages to the lake and to the community clubhouse, Cottage 1 sits in an ideal location tucked into the heart of the resort. Cottage 1 offers breathtaking sunset views over Stanley Lake, and the covered lakeside porch provides the perfect place to snuggle in with a great book on a cloudy day. Near the sanded swimming area, Cottage 1 has it all: sun, sand, deck, trees, and complete relaxation. Walk down a gentle slope to the lake and enjoy great fishing right from the dock. Expanded living area with full kitchen. Gas fireplace. Lakeside stargazer deck, side entry. Newly Remodeled! Sunshine, breeze and beauty engulf Co ttage 2, located in the very center of nearly 600 of Stanley Shores lake frontage. Updated and expanded, Cottage 2 offers extra living space and a cheerful interior. Follow a winding path to the sanded lake swimming area, or stroll to the clubhouse for hard-scoop ice cream. This cottage has a good, solid rental history. It also has the largest parking area, which makes it popular among sportsmen pulling trailers for fishing boats and snowmobiles. 10 Great Owner Benefits Home Away From Home 11

7 Stanley Shores At Lac O Seasons Resort Cottage 4 The North Star Guides the Way! Find the perfect blend of rest and relaxation at your own cottage by the lake. A stargazers dream come true. Only in the beautiful Northwoods. Learn more on pages 14 & 15 Cottage 5 Expanded living area with full kitchen. Gas fireplace. Lakeside stargazer deck, side entry. Lakeside Memories in the Making Watching the water never loses its fascination. Enjoy the many moods of the lake from the stargazer deck of Cottage 4. Surrounded by a lush forest setting, this cottage offers more privacy from the lake than some other cottages. It is elevated, so guests experience great views of sunsets as well as visibility north and south. Take a short walk to the sanded lake swimming area to relax or paddle a kayak into the sunset as you bask in the sheer lovliness of all Stanley Shores has to offer. Open living area with full kitchen. Lakeside deck, side entry and great views. Breathtaking Beauty, Northwoods Charm Perched neatly atop a short rise from the lake, Cottage 5 sits the highest above the water of all the lakeside cottages. From its birdseye vantage point, Cottage 5 takes in every ounce of the magnificent Northwoods sunsets over Stanley Lake. The covered deck offers a shady spot on warm days, and a dry seat on rainy afternoons. Enjoy a lakeside campfire or dip your feet in the waves. This is a perfect space for a family of four to enjoy the Northwoods stake your claim, and soak up life at the lake. 12 Great Owner Benefits Great Owner Benefits 13

8 Ownership Information Lac O Seasons Deer Ridge (non-condo) Deer Ridge began decades ago and presently has 11 cottages in the plat. Some owners rent their property through Lac O Seasons Resort, and some do not. Renting to others is an option. Owners can elect to not pay a fee to the Condominium Association that owns the pool and the lakefront if the owner chooses not to use these amenities. If an owner does choose to use these amenities, then annual fees must be paid. One of the advantages of owning in Deer Ridge is that you are buying a cottage and also legal description of land. Most of the properties have room for a garage if an owner desires to build one, creating an ideal storage space for sporting goods and equipment trailers. Those who rent their property through the resort enjoy the same benefits as the lakefront owners. Driveways are plowed, trash is removed to the dumpster, general upkeep is taken care of. Major upkeep is the responsibility of the owner including painting, remodeling, or other projects. Income potential and tax benefits are enjoyed by those who want to rent their property. Northwoods cottage ownership can be a great family retreat, while leaving the grounds work and maintenance to others. Join the family of Lac O Seasons owners and start building great family memories. Lac O Seasons Resort Deer Ridge Know the Benefits Deer Ridge is the name of the development where the cottages are not lakefront units. There are two units for sale that are not part of the condominium development: one is named Gretel and the other is Knotty Pine. While they are not part of the condominium development, these owners enjoy all of the amenities the other owners enjoy. If being right on the water is not of major concern to you, then you can avoid the higher taxes of waterfront property. Also, a smaller buying price for the same number of square feet of building means lower taxes on the building itself. The owners of Deer Ridge pay a lower monthly user fee to the condominium association which is their share for using all of the amenities available at the resort. There is access to boat docking, swimming at the lake, usage at the pool/ community clubhouse, and enjoyment of the almost 600 feet of lakeshore trails. These cottages can also be rented through the rental management program, thus helping to drive down the expense of owning a cottage in the Northwoods. Questions & Answers Frequently Asked Questions From Prospective Condominium Buyers Q: What are the advantages of renting your cottage? A: There are several tax advantages. You can write off all of the expenses of doing business on your taxes. You can write off depreciation on your cottage and you can also deduct depreciation of 1/8th the value of the pool building/clubhouse. Q: Must I rent my cottage? A: You do not need to rent your cottage. However, you would then need to hire someone for maintenance, security, and other incidentals that would be necessary to maintaining your cottage. 14 Stanley Shores Condominiums There are only eight units in the association. All owners own one eighth of the lakefront, one eighth of the pool building and one eighth of the common grounds. This lakefront property is investment grade as it has shown a steady rise in value during the ownership of the developers. The cottages are on the east side of 400+ acre Stanley Lake, and each unit has a proven track record of income potential while catering primarily to families. The owners, as a part of ownership, pay monthly dues that are used for operating expenses of the pool building and other essentials. The fees also include trash disposal, grounds work, snow plowing, and road maintenance. These fees are collected whether or not the unit is utilized as a rental property. By-laws have been written to guarantee that the area will remain wooded and a natural rustic setting. The by-laws also protect all owners so that their property values remain in tact, while keeping in mind that each individual owner wants to enjoy a Northwoods experience. The development was done in accordance with the laws of the state of Michigan, and all necessary steps have been taken to comply with state guidelines just one more protection for a buyer into the association. Enjoy all the beauties the woods have to offer including skiing, snowmobiling, hiking, boating, fishing or simply a quiet Northwoods retreat without dealing with many of the headaches of lake house ownership. Condominium Ownership Know the Benefits There are many reasons to become a condominium owner at Lac O Seasons Resort. Three of the top benefits according to other owners are these: 1. Income Potential. While each unit has a unique rental history, all units can produce income for those owners who wish to rent their cottage. Renting a cottage drives down the cost of owning a retreat in the Northwoods while still offering a convenient escape from the smog and traffic of the city. The developers of Lac O Seasons have successfully been in the cottage rental business for over 40 years! 2. Stress-free relaxation. Owning a cottage and going on vacation means just that. All regular maintenance is provided as part of ownership fees. Never lose a vacation day to dragging the dock into the lake. Never worry about the shoveling or snow plowing. Forget cutting the grass for a week or two each summer! Enter your cottage spick and span, inside and out and be on vacation from day one. Park the car and within ten minutes enjoy the many reasons you purchased in the Northwoods. 3. Security. Your cottage is watched over by the staff at Lac O Seasons just like it was their own. With managerial staff on-sight, your cottage has supervision all year round. Breathe easy knowing that a trustworthy team is on location with your family s best interest for your cabin in mind. Q: What is the advantage of owning a condo at Stanley Shores instead of just owning a cottage on a lake? A: If you are a condo owner at Stanley Shores, you have ownership in almost 600 feet of shoreline to roam, a pool/lodge at your convenience, garbage pick up, a fish cleaning house for processing your daily catch, tax advantages, and of course, income to drive down the overall expense of owning property in the Northwoods. Q: Will rental income pay for all of the expenses of ownership? A: In most cases, rental income does not cover everything. Every cottage has a different rental history, so the annual income varies. Realistically, if rental income paid for everything, every owner would rent several cottages. Q: Do all of my children, my friends and my guests stay free? A: Your children stay free as long as you declare them on your taxes as dependents. Guests and grown children must pay the 30% rental fee to the vendor (Lac O Seasons Resort). If you wish to get nothing for yourself for their stay, that is your own decision and fine with the vendor. Q: Who runs Stanley Shores? A: Stanley Shores is run by Lac O Seasons Resort. This company has been maintaining and renting the resort units since The cottages listed for sale in this brochure are still under ownership of the original owners/developers. Q: Can I add to the size of my condominium? A: Yes you may. All owners have a footprint of land that can be built out to. One can even knock down the existing building and build new while staying within the documented footprint. To protect all property owners, the plans must be association approved prior to the start of construction. Request a Property Tour 15

9 Family Ownership that Can Be Passed from Generation to Generation To be Determined... Stanley Shores Condominiums at Lac O Seasons Resort Randy@lacoseasonsresort.com

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