$449,900

Orr MN 55771

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. 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!

Additional Details

Year Built:	1993
Living Area:	1040 sf
Bedrooms:	2
Bathrooms:	1
Acres:	0.39 Acres
Lot Dimensions:	178x128
School District:	1046
Subdivision:	Leiding Town Of
County:	St. Louis
Taxes:	$2,731
Taxes With Assessments:	$2,816
Tax Year:	2025

Room Details

Bedroom:	Main Level 10x12
Kitchen:	Main Level 12x13
Living Room:	Main Level 10x20
Bedroom 2:	Main Level 7.9x12
Bedroom 3:	Main Level 9.6x4.4

Additional Features

Appliances: Dryer, Microwave, Range, Refrigerator, Washer
Basement: None
Cooling: Window Unit(s)
Fuel: Array
Sewer: Septic System Compliant - Yes
Water: Lake Water
Other Buildings: Bunk House, Storage Shed
Roof: Asphalt
Electric: 100 Amp Service

Listing Status

Active
2025-08-12 06:37:15 Date Listed
2026-03-11 21:18:05 Last Update
2026-02-10 15:17:29 Last Photo Update
130 miles from our office

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Listed By : Mirabella Realty

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216.73.216.9

MLS 6770522 Residential (Active)