4549 Old Oleary, Leiding Twp, Minnesota, 55771
$449,900 - Leiding Twp
Pelican
Lake/River
Video
Overview
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!
Details
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Price$449,900
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MLS® #MLS® # 6770522
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Year BuiltYear Built 1993
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TypeType Residential
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Living AreaLiving Area 1040
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BedroomsBedrooms 2
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BathroomsBathrooms 1
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Lot Acreage0.39
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Lake/River NamePelican
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Lake/River Frontage497
Additional Information
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CountySt. Louis
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School DistrictSt. Louis County
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AppliancesDryer, Microwave, Range, Refrigerator, Washer
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Heating & CoolingBaseboard, Dual Window Unit(s)
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FuelElectric, Propane
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Water & SewerSeptic System Compliant - Yes
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Tax Amount$2,731.00
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Tax Year2025
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Fireplace
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BasementNone
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Handicap AccessibleNone
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Out BuildingsBunk House, Storage Shed
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RoofAsphalt
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Garage Spaces0
Map
Open on Map- City Leiding Twp
- State Minnesota
- Postal code 55771
