4549 Old Oleary, Leiding Twp, MN 55771
Local realty services provided by:Better Homes and Gardens Real Estate First Choice



4549 Old Oleary,Leiding Twp, MN 55771
$459,900
- 2 Beds
- 1 Baths
- 1,040 sq. ft.
- Single family
- Active
Listed by:james marx
Office:mirabella realty
MLS#:6770522
Source:NSMLS
Price summary
- Price:$459,900
- Price per sq. ft.:$442.21
About this home
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. Just a one-minute boat ride from the city of Orr, MN this 2-bedroom, 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! Call today.
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Home facts
- Year built:1993
- Listing Id #:6770522
- Added:3 day(s) ago
- Updated:August 13, 2025 at 04:00 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,040 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Baseboard, Dual
Structure and exterior
- Roof:Asphalt
- Year built:1993
- Building area:1,040 sq. ft.
- Lot area:0.39 Acres
Utilities
- Water:Lake Water
- Sewer:Septic System Compliant - Yes
Finances and disclosures
- Price:$459,900
- Price per sq. ft.:$442.21
- Tax amount:$2,731 (2025)
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