4549 Old Oleary new Save Request In-Person Tour Request Virtual Tour
Leiding Twp,MN 55771
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,040 sqft
Price per Sqft $442
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 None
Lot Size 0.390 Acres
Acres 0.39
Lot Dimensions 178x128
Property Sub-Type Single Family Residence
Property Description
Welcome to Old Oleary Island on stunning Pelican Lake, a rare opportunity to own a fully operational short-term rental with outstanding 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. A newer septic system and docks on two sides of the island make for easy lake access. In addition to this property, buyers have the chance to purchase another nearby retreat, located just a one-minute boat ride away on the mainland, which may even include a barge for transporting items to and from the island. 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
Body of Water Pelican
Rooms
Basement None
Interior
Heating Baseboard,Dual
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 No
Building
Lot Description Island/Peninsula
Story One
Foundation 1040
Sewer Septic System Compliant - Yes
Water Lake Water
Level or Stories One
Structure Type Wood Siding
New Construction false
Schools
School District St. Louis County
Others
Virtual Tour https://my.matterport.com/show/?m=jP9uCNnKzau&mls=1