425 Prospect Street, Peterson, MN 55962
Local realty services provided by:Better Homes and Gardens Real Estate Advantage One
425 Prospect Street,Peterson, MN 55962
$685,000
- 12 Beds
- 11 Baths
- - sq. ft.
- Single family
- Coming Soon
Listed by: marjorie weir, grace fix
Office: national realty guild
MLS#:7003876
Source:NSMLS
Price summary
- Price:$685,000
About this home
If your craving real peacefulness, The Wen Inn delivers in the best way. Located in the incredibly silent, safe and welcoming town of Peterson, near Lanesboro and 40 minutes south of Rochester, this beautifully restored historic property offers the kind of calm you can feel the moment you step onto the porch—quiet streets, helpful neighbors, and a true small-town sense of comfort.
This character-rich property blends timeless charm with major modern updates already completed. Fully furnished and thoughtfully cared for, it offers exceptional flexibility as a spacious private residence, live-work home, or hosted retreat-style getaway.
Set at the center of the Root River Trail, the Wen enjoys a peaceful yet vibrant location loved for biking, gatherings, and seasonal community events—including Norwegian Gamel Dag and a summer concert series.
Significant capital improvements provide peace of mind, including fully updated electrical, plumbing, zoned heating, 53 Andersen windows in excellent condition, and new roofs completed in 2023—including rubber roof sections and seven skylights. A three-car garage on a private alley adds serious practicality, complete with multiple electric plug-ins and a Level 2 Tesla charger.
With over 5000 square feet above ground, additional space is also found in the full-height, drain-tiled basement. The warm, dry, space with thick limestone walls and a poured floor is a perfect speakeasy-style lounge, with additional room for a studio, gym, or living area.
Inside the main building you’ll find multiple bedrooms, generous gathering spaces, and a huge covered front porch that truly becomes a favorite “room” of the home. There are several staircases for flexibility of use, and all facilities including laundry on the main level.
A full-price offer includes replacement of the remaining back decking, inclusion of all Inn keeping business systems, and the owner available to assist with a smooth transition. This is a rare opportunity to own a beautifully updated historic property in one of the most peaceful corners of Southeast Minnesota.
Contact an agent
Home facts
- Year built:1904
- Listing ID #:7003876
- Added:1 day(s) ago
- Updated:January 21, 2026 at 01:15 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:11
- Full bathrooms:10
- Half bathrooms:1
Heating and cooling
- Cooling:Central Air
- Heating:Baseboard, Forced Air, Zoned
Structure and exterior
- Roof:Age 8 Years or Less, Flat, Pitched, Rubber
- Year built:1904
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$685,000
- Tax amount:$2,864 (2025)
