$449,900

Est. payment - /mo

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2 Beds

1 Bath

1,040 SqFt

Contingent

4549 Old Oleary Orr, MN 55771

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Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Contingent

Purchase Type For Sale

Square Footage 1,040 sqft

Price per Sqft $432

Subdivision Leiding Town Of

MLS Listing ID 6770522

Bedrooms 2

Full Baths 1

Year Built 1993

Annual Tax Amount $2,731

Tax Year 2025

Contingent Sale of Another Property

Lot Size 0.390 Acres

Lot Dimensions 178x128

Property Sub-Type Single Family

Property Description

Welcome to Old Oleary Island on stunning Pelican Lake, a rare opportunity to own a fully operational short-term rental with good cash flow and an impressive booking rate on Airbnb/VRBO. Just a one-minute boat ride from the city of Orr, this 2-bed, 1-bath island retreat features water views from nearly every window, a cozy bunk house for extra guests, and a wood-fired hot tub for unforgettable evenings under the stars. Newer septic system and docks on two sides of the island make for easy lake access. This is your chance to enjoy a Northwoods retreat while generating strong rental income, whether you keep it as a successful vacation rental, use it as your personal getaway, or both. Endless opportunities - too much to list! Be sure to view the virtual tour!

Location

State MN

County St. Louis

Zoning Residential-Single Family

Rooms

Basement None

Interior

Heating Baseboard, Dual Fuel/Off Peak

Cooling Window Unit(s)

Fireplaces Number 1

Fireplace Yes

Appliance Dryer, Microwave, Range, Refrigerator, Washer

Exterior

Parking Features Off Site

Waterfront Description Lake Front

View Lake, Panoramic

Roof Type Asphalt

Road Frontage N

Building

Lot Description Island/Peninsula

Story One

Foundation 1040

Sewer Septic System Compliant - Yes

Water Lake Water

Level or Stories One

Structure Type Post and Beam

New Construction false

Schools

School District St. Louis County

Others

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Listed by James Marx • Mirabella Realty

NEARBY SCHOOL & BUSINESS

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Team Steady

+1(952) 607-7436

4549 Old Oleary Orr, MN 55771

Team Steady

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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4549 Old Oleary