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  • Price cut: $25K (8/10)
    $574,900

    4345 Spirit Lake Rd, Mountain Iron, MN 55768

    3beds
    1,365sqft
    : 
    $3,853/mo
    Get pre-qualified
    Single Family
    Built in 1919
    5 Acres Lot
    $572,400 Zestimate®
    $421/sqft
    $-- HOA

    What's special

    Ample parking spaceScenic surroundings
    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!
    40 days
    |
    309
    |
    16
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    Zillow last checked:

    Listing updated:

    Listed by:

    Angela Pintok 320-493-5859,

    RE/MAX Central MN

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7097558MLS Logo

      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

        $572,400

        $544,000 - $601,000

        $1,814/mo

        Price history

        DateEventPrice
        8/10/2026Price change$574,900-4.2%$421/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7097558 Report a problem
        7/1/2026Listed for sale$599,900+299.9%$439/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7097558 Report a problem
        2/28/2018Sold$150,000$110/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,942 +56.4%$175,900 +22.1%
        2023$1,242 -3.9%$144,100 +30.2%
        2022$1,292 +7.5%$110,700 +6.9%
        2021$1,202 $103,600 +7.4%
        2020$1,202 $96,500
        2019$1,202 +14%$96,500 -6.8%
        2018$1,054 +2.3%$103,500
        2017$1,030 -2.3%$103,500
        2016$1,054 -2.6%$103,500 +7.4%
        2015$1,082 -0.4%$96,400 -1%
        2014$1,086 +11.9%$97,400 +1.5%
        2013$970 +4.8%$96,000
        2012$926 +101.4%$96,000 -5.1%
        2011$460 +4.7%$101,200
        2010$439 $101,200
        2009$439 $101,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 55768

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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