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)
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is 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.