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Sold for $472,000 on 10/01/25
  • $472,000

    6701 Highway 1, Finland, MN 55603

    6beds
    4,834sqft
    Single Family Residence
    Built in 1940
    2.08 Acres Lot
    $479,600 Zestimate®
    $98/sqft
    $3,140 Estimated rent

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    $3,140/mo

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    $3,140/mo

    Rent Zestimate®

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    $2,780/mo

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    $2,780/mo

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    What's special

    Incredible opportunity to own a dual-unit vacation rental property on the scenic Baptism River. The main building is a fully renovated 5-bedroom retreat—formerly a bar and restaurant—offering generous space for large groups. A second 1-bedroom cabin sits just steps from the riverbank, perfect for couples or solo travelers. Both units have seen recent updates, including mini-split cold-climate heat pump systems, updated electrical, a new kitchen, new flooring, multiple new windows, a new deck, and fresh exterior paint. The property also benefits from a conditional use permit, streamlining ongoing short-term rental operations. Located across the street from a snowmobile/ATV trail and minutes from Tettegouche State Park, this is a sought-after destination for hiking, biking, fishing, and year-round outdoor adventure. Grossed $85,000 in rental revenue last year. Whether you're an investor seeking steady cash flow or a vacation rental owner looking for a turnkey North Shore asset in a prime recreation area—this property checks every box.

    Zillow last checked: 7 hours ago

    Listing updated: October 06, 2025 at 08:20am

    Listed by:

    Neal Jacobi 715-892-6325,

    Heirloom Realty, LLC

    Bought with:

    Neal Jacobi, MN 40724316

    Heirloom Realty, LLC

    Source: Lake Superior Area Realtors,MLS#: 6120354MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • 3/4 bathrooms: 2
    • 1/4 bathrooms: 2
    • Main level bedrooms: 1
    Heating
    • Boiler, Fireplace(s), Heat Pump, Hot Water, Ductless
    Cooling
    • Ductless
    Features
    • Basement: Partial,Posts
    • Number of fireplaces: 3
    • Fireplace features: Gas
    Interior area
    • Total interior livable area: 4,834 sqft
    • Finished area above ground: 4,834
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached
    • Garage spaces: 1
    Features
    • Waterfront features: River, Waterfront Access(Private)
    • Body of water: Baptism River
    • Frontage length: 200
    Lot
    • Size: 2.08 Acres
    • Dimensions: 280 x 148, 178 x 285
    Details
    • Parcel number: 27570717720,27570717715
    • Zoning description: Residential-Rec Business

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Wood, Frame/Wood
    • Foundation: Concrete Perimeter
    Condition
    • Previously Owned
    • Year built: 1940

    Utilities & green energy

    • Electric: Coop Power & Light
    • Sewer: Private Sewer
    • Water: Private

    Community & neighborhood

    Location
    • Region: Finland
    Services availability