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 private bathrooms, along with a spacious 3 bedroom, 3 bathroom owner’s home. Also included is a separate 550 sq ft retail/bait shop 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. Current on-site work campers are operating the business, creating a smooth and potentially passive transition for a new owner. 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! Please no drive ins, all showings need to be 48 hours in advance.
For sale
$500,000
6527 Highway 1, Finland, MN 55603
3beds
1,342sqft
Single Family Residence
Built in 1949
10 Acres Lot
$481,100 Zestimate®
$373/sqft
$-- HOA
What's special
- 50 days |
- 549 |
- 44 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Sue Bott 218-590-4013,
RE/MAX Professionals - Two Harbors
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6125320
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 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: $373/sqft
- Tax assessed value: $355,100
- Annual tax amount: $3,590
- Date on market: 5/16/2026
- Cumulative days on market: 52 days
- Listing terms: Cash,Conventional
Estimated market value
$481,100
$457,000 - $505,000
$2,789/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/16/2026 | Listed for sale | $500,000+112.8%$373/sqft |
Source: | ||
| 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 | $2,696 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: 55603
Nearby schools
GreatSchools rating
- 7/10William Kelley Elementary SchoolGrades: PK-5Distance: 7.8 mi
- 5/10Kelley SecondaryGrades: 6-12Distance: 7.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Lake County
- Finland
- 55603
- 6527 Highway 1





