4345 Spirit Lake Road
Mountain Iron, MNIncredible Income Potential! Welcome to a truly one-of-a-kind property offering endless possibilities! Situated on approximately 5 picturesque acres, this exceptional property features a beautifully renovated nearly 5,500-square-foot barn transformed into a stunning event venue that’s ready to impress. From weddings and celebrations to corporate gatherings and private events, the opportunities are as limitless as your imagination. Guests will love the expansive concrete patio, perfect for outdoor entertaining, while the unforgettable grain bin bar creates a unique gathering space illuminated by charming solar lights for unforgettable evenings under the stars. Adding even more value is the tastefully updated, fully furnished 3-bedroom, 1-bath guest house, ideal for short-term rentals, bridal parties, event guests, owner occupancy, or additional income. Major mechanical updates have already been completed, including both septic systems and a durable metal roof on the home, offering peace of mind and long-term reliability. With ample parking space, scenic surroundings, and a layout designed to accommodate large gatherings, this extraordinary property offers the perfect blend of rustic elegance, modern convenience, and exceptional earning potential. Whether you’re looking to expand your business, invest in a unique venue, or create a destination unlike any other, this is an opportunity you won’t want to miss!
Single Family
- Price
- $ 574,900
- City
- Mountain Iron
- Bedrooms
- 3
- Full Bathrooms
- 1
- County
- SAINT LOUIS
- Half Bathrooms
- 0
- Area
- Cherry Town Of
- Lot Size
- 5 Acres
- Zip
- 55768
- Sqr Footage
- 1,365
- Year Built
- 1919
- Taxes
- $ 2144
- Style
- Single Family
- MLS#
- 7097558
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$3,786
Per MonthBased on the average sale price from the Faribault, MN office
- Monthly Principal & interest $2,658
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
Schools
Price History
Property vs Zip Code Average in 55768
Areas That We Cover
- Belle Plaine
- Blakeley Twp
- Blooming Prairie
- Bridgewater Twp
- Cedar Lake Twp
- Credit River Twp
- Dennison
- Dundas
- Elko New Market
- Ellendale
- Erin Twp
- Faribault
- Forest Twp
- Helena Twp
- Jordan
- Kilkenny
- Lakeville
- Lonsdale
- Louisville Twp
- Medford
- Montgomery
- Morristown
- Nerstrand
- New Market Twp
- New Prague
- Northfield
- Northfield Twp
- Owatonna
- Prior Lake
- Saint Lawrence Twp
- Sand Creek Twp
- Savage
- Shakopee
- Shieldsville Twp
- Somerset Twp
- Spring Lake Twp
- Veseli
- Warsaw
- Waseca
- Waterville
- Webster
- Webster Twp
- Wells Twp
4345 Spirit Lake Road Mountain Iron, MN is a Single Family Home for sale at $574900 with 1365 sqft and a lot size of 5 Acres Acre(s). 4345 Spirit Lake Road Mountain Iron has 3 bedrooms, 1 baths and was built in 1919. The property's zip code is 55768 which is in Mountain Iron, MN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.