One of Minnesota’s biggest resorts, with a legacy of family ownership spanning 85 years, is changing hands. Cragun’s Resort on Gull Lake in Brainerd, owned by Dutch Cragun, 93, whose father opened the resort in 1940,

One of the state’s most prominent resorts, featuring more than 200 rooms, 55 cabins and three golf courses on Gull Lake, is now under contract with Baxter, Minn.-based Leisure Hotels and Resorts.

Cragun’s Resort on Gull Lake, Minnesota's third largest resort, is under contract to be sold to a local investment group after 85 years in the Cragun family. Leisure Hotels and Resorts, which is led by Brainerd Lakes resident Jamie Tatge, announced the deal Tuesday, stating its believed to be the largest resort transaction in Minnesota history.

Cragun’s Resort, family-owned since 1940, is now under contract with a local investment group led by veteran resort management specialist and Brainerd lakes resident Jamie Tatge.

Cragun’s Resort, one of Minnesota's largest lakeside hotel getaways, has been sold to a growing hospitality business after being family owned since 1940.