Reserve Bid: $5,000,000.00 CDN
Region: Northern Bruce Peninsula, Ontario
Property Identification (PIN): 3334-40078
Assessment Roll Number: 4109-660-001-35300-000
Official Plan: Rural Recreational
Area Zoning: (R2) - (Resort Residential)
Current Use: Undeveloped Recreational/Residential Land
DEMAND: The demand for recreational & retirement property on the rise because of:
Seller Background Info: Our family had a cottage on Lake Huron when I was growing up where I decided to build my own first cottage in 1974 in the Pike Bay area – and fell in love with the big lake and all that it offers, and boated / fished extensively along the coastline often around the area where the island lays, since the mid seventies. I was amazed then as well as now as to its natural beauty - so I know it very well and have visited it in all seasons, and to this day have a sustained passion for this piece of property - totally surrounded only by the lake as well as conservation / park lands and on all mainland sides of the island. It is truly remarkable, an ocean-like setting with southerly and westerly exposures.
The island is heavily treed and has very deep water on all sides as well as the natural harbour on the north side, which is ideal for boating as it is protected from all of the fury of the mighty lake, withstanding the big storms and ice conditions at times on Lake Huron, and has lost little or no trees since the first time I set eyes on it.
This property represents some of the most beautiful waterfront properties in all of Ontario, and now this natural treasure will be developed properly with responsible ownership and planning - for many families to enjoy into perpetuity.
Reason for Selling: We have planned to develop the island since the late nineties, but did not pursue it because of other properties that were under development in that same time period. We have recently purchased it and are moving forward quickly with the many elements associated with its development, but will consider selling it to the right buyer and move on to develop other properties we own, or will continue with an equity partner to complete the project with my support and guidance.
Reserve Bid: $10,000,000 CDN
Region: Canada East/Central
Location: Lake Superior, Sault Ste. Marie Ontario Canada
Type: Private Island
Lifestyles: Large Acreage, Lake Island
Current Use: Undeveloped / Investment Land
Looking for a summer escape with an extensive backstory and acres upon acres of unspoiled wilderness, so you can sip rosé in peace and quiet? Consider looking north, to Canada. Private islands are available across Canada, but few have a backstory—or 5,000-acres of wilderness—quite like this one. 'Where local legend has it that Al Capone maintained a hideout among Batchwana’s untamed wilderness.'
Lake Superior is the largest of the Great Lakes and one of the largest, cleanest freshwater lakes in the world. The island, with over 20 miles of shoreline, six miles of sandy beach and boasting over 5200 acres of land, is greater than twice the size of Mackinaw Island for instance.
Island Overview Video: https://vimeo.com/533154849
Helicopter Video: https://vimeo.com/533140483
BATCHAWANA ISLAND HISTORY: For the first time in decades, Batchawana Island is on the market for sale in its entirety. A once-in-a-lifetime opportunity presents itself to own this prestigious, undeveloped island.
The real intrigue of the island, which was once occupied by the Batchawana First Nations tribe, begins in the Prohibition era. That’s when Batchawana became a crucial stop for underground liquor distributors and bootleggers on a smuggling route from the quiet Canadian wilderness to northern Michigan. Illegal goods were moved back and forth in this region of Lake Superior, where local legend has it that Al Capone maintained a hideout among Batchwana’s untamed wilderness.
Nestled in the shelter of Batchawana Bay, Lake Superior, Ontario, The island projects itself like a jewel in the clear majestic blue water, bringing awe to all those who pass by. The word “Batchawana” comes from the Ojibwe word Badjiwanung meaning “water that bubbles up” and, although waves rarely get over three feet, on rough days the bay in fact does look like it is bubbling. Lake Superior is the largest of the Great Lakes and one of the largest, cleanest freshwater lakes in the world. But as the years went on, the bay and its namesake island remained relatively uncharted, despite being logged for construction lumber in the late 1960s. Batchawana Island went into private ownership through a Belgian investment group in the 1970s and in the early 2000s, was acquired by American developer Joseph Acheson. He had grand plans to build a member’s only five-star, 20-bed sporting resort on the island. Offering a variety of activities from clay shooting and archery to fishing and kayaking—and of course, hunting—Acheson also wanted to install a landing strip for private jets. Dubbed Stormview Lodge, it did, indeed, sound like a very rustic version of Soho House.
Batchawana Island has been largely untouched since its last logging, but a large-scale environmental rehab is necessary, should any type of construction take place here. A high-level survey of the land by natural resource contractors R&B Cormier, Inc. reports that it would take anywhere from two to five years to make the land environmentally sustainable—and that includes the gradual removal of more than 3 million cubic feet of mature timber.
There’s a marina on the southern shore of the lake in the neighbouring town of Haviland that’s an easy 4.3-mile boat ride to the property. In a cold winter, enough of Lake Superior freezes over that you can actually Ski-Doo or drive a vehicle over to the island, which, you guessed it, has no roads on it.
Sellers Reason Buying & Selling: I first became interested in the island, and the surrounding area for that matter, when I was sailing my boat around Lake Superior. I had been looking for timber land as an investment in Michigan and when I saw the land up in Algoma and realized the price difference, I started buying land up there. At one point I owned over 30,000 acres of land. While going through my land spending spree up there I started dealing with a Swiss lady who also owned a lot of land there, pieces of which abutted to mine. She and her husband had buying land in the area for decades. She said it took her over 15 years to purchase all portions of the island that were owned by different, separate owners at the time. She is an incredible lady who still moose hunts into her 70’s! Her husband died and so did their plans to develop the island. In the mean-time, she really wanted a 5000 acre piece that I owned. I didn’t want to sell it out-right, but saw the opportunity to acquire the island at the same time. So that is how I was offered the island and I bought it as part of a land swap + cash deal.
We had great plans for the island and I did a lot of preliminary work to achieve our goals. I even bought a US Navy LCM 8 to move construction equipment and the like. However, in the midst of it all, I went through a divorce and, honestly, I couldn’t hardly think of anything else. Developing the island became more and more difficult as I was set back financially and had to sell land to pay for the divorce. At some point, very reluctantly, I decided to give up my dreams of developing because it would take too much time from my five children who now needed me more than ever plus the fact that I already had a beautiful cabin in the area. So I put the island up for sale and have had a hard time getting the price I was asking. I had got a loan on the island to help finance equipment, the boat, etc. that would come due this May. I would also like to reiterate my feelings for the island. It truly is a beautiful, untouched piece of nature. Over sixty miles of sand beach. When walking around the island you feel how special it is. It is very powerful.
Assisting our clients to protect their investments by converting their assets to and from cash, as needed and as personal circumstances dictate. We do so through roup sales, a competitive sales process similar to an auction with TRANSPARENCY and more efficient than a listing.
A Multi-Discipline Law Practice is with professionals who practise a profession, trade or occupation that supports or supplements their practice of law or provision of legal services (e.g., trustees, accountants, appraisers, tax consultants, mortgage brokers, land/title conveyancers, trademarks, patent agents, social marketing experts, computer engineers for a multi-disciplined approach, overseen and managed by Lawyers.
Roup Sales are Live competitive sales. They have a start date and an end date. But final sales can be accelerated at any time by Trigger Bids. Which is why Roup Sales are so exciting and successful.
All sales are Transparent & conducted Live, posted online in real time making it a truly exciting experience for all parties who participate.
HARROW | TECUMSEH | TORONTO | WINDSOR | ON, CAN
Community Broadcasted in: Local | International Syndicated Markets & Media.
Copyright © 2021 Roup Sales Services, Laing Legal and Laing & Associates are operating names of G. Dewar Laing Lawyer Professional Corporation All Rights Reserved.