Incredible Income Potential! Welcome to a truly one-of-a-kind property offering endless possibilities! Situated on approximately 5 picturesque acres, this exceptional property features a beautifully renovated nearly 5,500-square-foot barn transformed into a stunning event venue that’s ready to impress. From weddings and celebrations to corporate gatherings and private events, the opportunities are as limitless as your imagination. Guests will love the expansive concrete patio, perfect for outdoor entertaining, while the unforgettable grain bin bar creates a unique gathering space illuminated by charming solar lights for unforgettable evenings under the stars. Adding even more value is the tastefully updated, fully furnished 3-bedroom, 1-bath guest house, ideal for short-term rentals, bridal parties, event guests, owner occupancy, or additional income. Major mechanical updates have already been completed, including both septic systems and a durable metal roof on the home, offering peace of mind and long-term reliability. With ample parking space, scenic surroundings, and a layout designed to accommodate large gatherings, this extraordinary property offers the perfect blend of rustic elegance, modern convenience, and exceptional earning potential. Whether you’re looking to expand your business, invest in a unique venue, or create a destination unlike any other, this is an opportunity you won’t want to miss!
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Zillow last checked:
Listing updated:
Listed by:
Angela Pintok320-493-5859,
RE/MAX Central MN
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7097558
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 1
3/4 bathrooms: 1
Bedroom
Level: Main
Area: 127.2 Square Feet
Dimensions: 12x10.6
Bedroom 2
Level: Upper
Area: 178.56 Square Feet
Dimensions: 18.6x9.6
Bedroom 3
Level: Upper
Area: 117 Square Feet
Dimensions: 13x9
Bonus room
Level: Upper
Area: 117 Square Feet
Dimensions: 13x9
Kitchen
Level: Main
Area: 182 Square Feet
Dimensions: 14x13
Living room
Level: Main
Area: 260 Square Feet
Dimensions: 20x13
Heating
Baseboard, Hot Water
Cooling
None
Appliances
Included: Freezer, Range, Refrigerator
Laundry: Main Level, Washer Hookup
Features
Basement: Full,Unfinished
Has fireplace: No
Interior area
Total structure area: 2,145
Total interior livable area: 1,365 sqft
Finished area above ground: 1,365
Finished area below ground: 0
Property
Parking
Parking features: Gravel
Accessibility
Accessibility features: None
Features
Levels: One and One Half
Stories: 1.5
Patio & porch: Deck
Pool features: None
Fencing: None
Lot
Size: 5 Acres
Dimensions: 465 x 466 x 465 x 458
Features: Tree Coverage - Light
Details
Additional structures: Barn(s)
Foundation area: 780
Parcel number: 290001002060
Zoning description: Residential-Single Family
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family
Materials
Roof: Age 8 Years or Less,Metal
Condition
New construction: No
Year built: 1919
Utilities & green energy
Electric: Circuit Breakers, 100 Amp Service
Gas: Propane
Sewer: Mound Septic, Private Sewer
Water: Private, Well
Community & HOA
Community
Subdivision: Cherry Town Of
HOA
Has HOA: No
Location
Region: Mountain Iron
Financial & listing details
Price per square foot: $421/sqft
Tax assessed value: $175,900
Annual tax amount: $2,144
Date on market: 7/1/2026
Road surface type: Paved
Estimated market value
Zestimate®
$572,400
Estimated sales range
$544,000 - $601,000
Rent Zestimate®
$1,814/mo
Price history
Date
Event
Price
8/10/2026
Price change
$574,900-4.2%$421/sqft
Source: NorthstarMLS as distributed by MLS GRID #7097558Report a problem
7/1/2026
Listed for sale
$599,900+299.9%$439/sqft
Source: NorthstarMLS as distributed by MLS GRID #7097558Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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