Breezy Point Resort on the North Shore of Lake Superior is the latest ma and pa resort to change hands

After several generations in the same family, Breezy Point Resort on Lake Superior, has a new owner. Odyssey Resorts, the state's largest resort developer, recently acquired the well-known Two Harbors resort, which has 12 cabins on 12 acres with more than 1,000 feet of private ledge rock. Odyssey said the close proximity of each cabin to the shoreline is a "throwback to earlier standards compared to today's setback regulations, which will offer renters and buyers a unique lake experience."

We'll update this post when we've confirmed the sale price.

The property is 20 minutes north of Duluth and four miles south of Two Harbors and is next to Larsmont Cottages, which is also owned by Odyssey Resorts. A new entity called Breezy Point Resort Odyssey Resorts will rent the cabins and in a press release the company says the company will do some renovations, including updated floor plans along with interior and exterior improvements that will enable the cabins to be used year-round. "The improvements will not change the unit's footprint or overall esthetic, and will instead preserve Breezy Point's traditional cabin charm and ambiance," the company said.

Though the cabins will be available for rent, they'll also be sold through a fractional ownership arrangment with prices starting at $69,000. Each unit will have up to four deeded owners, and each owner is allowed full use of the cabin every fourth week.

Odyessy resorts now owns seven properties in the area, including East Bay Suites in Grand Marais and Trapper's Landing Lodge on Leech Lake near Walker.