4345 Spirit Lake Road, Mountain Iron, MN 55768

$574,900
3
BD
1
BA
1,365
SqFt

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List Price
$574,900
Status
ACTIVE
Days on Market
72
Price Change
▼ $25,000 1786397995
MLS#
7097558
Subtype
Residential
Year Built
1919
Bedrooms
3
Bathrooms
1
Living Area
1,365
Acres
5
Subdivision
Cherry Town Of

Property Description

Incredible 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!

Additional Information

Taxes
$2,144
Zoning
Residential-Single Family
Appliances
Freezer, Range, Refrigerator
Heating
Baseboard, Hot Water
Stories
One and One Half
Levels
One and One Half
Roof
Age 8 Years or Less, Metal
Pool Type
None
Parking
Gravel
School District
St. Louis County

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Listing courtesy of RE/MAX Central MN.

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