Charming Lake Pepin View Home – Successful Vacation Rental Opportunity. Enjoy stunning views and a prime location with this well-maintained 2-bedroom, 2-bath home just steps from the public beach, marina, river walk, and vibrant downtown. Whether you're looking for a personal getaway or a proven investment, this property offers both lifestyle and income potential. Enjoy Bright & Inviting Living Spaces. The main floor welcomes you with a sunny three-season porch—perfect for morning coffee or evening relaxation. A spacious living room flows into a large dining area featuring an electric wall fireplace for cozy ambiance. The main-level en-suite bedroom includes a full bath for added convenience. The full kitchen provides everything needed for everyday living or hosting guests. Upstairs, you'll find a second bedroom and a spacious, full bath combined with laundry facilities. Even the bathroom offers views of Lake Pepin. The backyard patio is a favorite gathering spot for guests, ideal for enjoying evening bonfires under the stars. A detached 1-car garage offers storage for beach gear, bikes, or outdoor equipment. This home has a strong history as a vacation rental, with reservations already booked through October 2025. Sellers won't close until end of October 2025.
Seller and Listing Agent are Related.
Closed
$265,000
206 N Franklin St, Lake City, MN 55041
2beds
1,536sqft
Single Family Residence
Built in 1890
6,098.4 Square Feet Lot
$264,100 Zestimate®
$173/sqft
$1,612 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 06, 2025 at 09:47am
Listed by:
Sonda J. Featherstone 651-442-3941,
Featherstone Real Estate, LLC
Bought with:
Nancy Denzer
Lakeshore Real Estate Krage & Associates, LLC.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6736197
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Upper
Primary bathroom
- Level: Main
Bathroom
- Level: Upper
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Patio
- Level: Main
Porch
- Level: Main
Other
- Level: Main
Other
- Level: Main
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Microwave, Range, Refrigerator, Water Softener Owned
Features
- Basement: Partial
- Number of fireplaces: 1
- Fireplace features: Electric
Interior area
- Total structure area: 1,536
- Total interior livable area: 1,536 sqft
- Finished area above ground: 1,152
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Concrete
- Garage spaces: 2
- Details: Garage Dimensions (16x28)
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Patio, Rear Porch
- Fencing: Other,Partial
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
Lot
- Size: 6,098 sqft
- Dimensions: 60 x 100
Details
- Foundation area: 384
- Parcel number: R220019800
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Steel Siding, Wood Siding
Condition
- Age of Property: 135
- New construction: No
- Year built: 1890
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Lake City
- Subdivision: Lake City
HOA & financial
HOA
- Has HOA: No
Sell with ease on Zillow
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$264,100
2% more+$5,282
With Zillow Showcase(estimated)$269,382