There are only a handful of Vacant Land Listings on Teal and Lost Land Lakes! This lakefront, lake access vacant Land is ready to build a home and/or lodge/tavern. Existing power/well/septic. Former site for Red Deer Lodge. If you would love to have your own business, managing the resort, this is an option too. Business (managing resort) + vacant land to build. Listing includes the buildable vacant waterfront property, T-Shaped Boat Dock and garage. Don't miss the Virtual Tour with drone footage for this listing! Rare opportunity on sought-after Lost Land Lake, connected to Teal Lake (2,290 acres of water connected!), offering exceptional fishing for musky, walleye, and more. This scenic waterfront parcel is ideally positioned on a quiet stretch of shoreline and is primed for residential and/or commercial development. Formerly home to the Red Deer Resort lodge, bar, and adjacent residence, the property is ready for redevelopment with established building permits, liquor licenses, and rental licenses already in place (Buyer would be required to obtain their permits/licenses). A unique investment opportunity as the property offers immediate income potential through condo maintenance fees and cabin rental management, with significant upside for future lodge, bar, or restaurant operations. The Condominium Dues are $75/Monthly for 5 Existing Cabins (For Condo. Management snow removal & lawn maintenance). With annual property taxes under $3,000 this makes this listing even more affordable! Property includes a 2-car garage/workshop; existing well, septic, electricity, and a full 1,000-gallon propane tank. The T-shaped boat dock is included with this listing. Condo association amenities include a boat launch, campfire area, fish cleaning house with plumbing, and equipment shed. Bylaws and declaration available upon request. As of July, 2026, THERE ARE ONLY A HANDFUL OF WATERFRONT VACANT LAND LISTINGS ON LOST LAND LAKE, TEAL LAKE AND SPIDER LAKE!