For sale

Price cut: $15K (9/1)

$485,000

6527 Highway 1, Finland, MN 55603

3beds

1,342sqft

$3,068/mo

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Single Family Residence

Built in 1949

10 Acres Lot

$466,600 Zestimate^®

$361/sqft

$-- HOA

What's special

Rare turnkey business and lifestyle opportunity on 10 scenic acres! This unique property features a beautifully updated boutique motel with four guest rooms, each offering it's own bathroom, along with a spacious 3 bedroom, 3 bathroom owner’s space. Also included is a separate 550 sq ft retail space complete with heated floors, creating multiple income opportunities all in one property. Extensive upgrades have been completed throughout, making this a move-in ready investment with room for future growth and expansion. Whether you are looking for a hospitality investment, live/work opportunity, outdoor tourism business, or future development potential, this property offers endless possibilities. Prime setup for short-term rentals, boutique lodging, retail, recreation, or expansion on the remaining acreage. A truly one-of-a-kind income-producing property with established operations already in place!

111 days
491
20

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 1
1/2 bathrooms: 1

Bedroom

Level: Main

Bedroom

Level: Main

Bedroom

Level: Main

Dining room

Level: Main

Kitchen

Level: Main

Living room

Level: Main

Heating

Natural Gas

Features

Has basement: No
Has fireplace: No

Interior area

Total interior livable area: 1,342 sqft
Finished area above ground: 1,342
Finished area below ground: 0

Property

Parking

Total spaces: 5
Parking features: Detached
Garage spaces: 5

Lot

Size: 10 Acres
Dimensions: 330 x 1320

Details

Additional structures: Pole Building
Foundation area: 1342
Parcel number: 27570720670

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Wood, Frame/Wood

Condition

Previously Owned
Year built: 1949

Utilities & green energy

Electric: Lake Country Power
Sewer: Private Sewer
Water: Private

Community & HOA

HOA

Has HOA: No

Location

Region: Finland

Financial & listing details

Price per square foot: $361/sqft
Tax assessed value: $355,100
Annual tax amount: $3,590
Date on market: 5/16/2026
Cumulative days on market: 113 days
Listing terms: Cash,Conventional

Estimated market value

$466,600

$443,000 - $490,000

$2,418/mo

Price history

Date	Event	Price
9/1/2026	Price change	$485,000-3%$361/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6125320 Report a problem
5/16/2026	Listed for sale	$500,000+112.8%$373/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6125320 Report a problem
6/26/2019	Sold	$235,000$175/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,398 -4.2%	$355,100 +6.3%
2024	$3,546 +40.5%	$333,900 -15.9%
2023	$2,524 +9.7%	$397,207 +111.5%
2022	$2,301 -2.1%	$187,767
2021	$2,351 +1.3%	$187,767
2020	$2,321 -10.9%	$187,767 -13.1%
2018	$2,605 -19.1%	$216,100 +3.7%
2017	$3,218 +13.1%	$208,300 -0.9%
2016	$2,844 -1.7%	$210,200 +30%
2015	$2,893	$161,700
2014	$2,893 +7.3%	--
2013	$2,696	--