Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 2-bedroom, 1-bathroom single family at 4549 Old Oleary Island in Orr, MN is listed for $449,900 ($433 per sqft). Built in 1993, the home offers 1,040 sqft of living space on a 0.39 acres lot.
Welcome to Old Oleary Island on stunning Pelican Lake, a rare opportunity to own a fully operational short-term rental with good cash flow and an impressive booking rate on Airbnb/VRBO. Just a one-minute boat ride from the city of Orr, this 2-bed, 1-bath island retreat features water views from nearly every window, a cozy bunk house for extra guests, and a wood-fired hot tub for unforgettable evenings under the stars.
Newer septic system and docks on two sides of the island make for easy lake access. May even include a barge for transporting items to and from the island. This is your chance to enjoy a Northwoods retreat while generating strong rental income, whether you keep it as a successful vacation rental, use it as your personal getaway, or both. Endless opportunities - too much to list! Be sure to view the virtual tour!
Key Features
- Built in 1993
- 0.39 acre lot
- Fireplace
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$2,406/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4549 Old Oleary Island
Orr, MN 55771
Features & Amenities
Exterior Features
Property Details
Parking
Heating
Appliances
Questions & Answers
This 2-bedroom, 1-bathroom single family at 4549 Old Oleary Island is listed at $449,900 ($433/sqft). The estimated monthly payment is $1,950 based on 20% down at 6.5% interest.
Key features include: Built in 1993, 0.39 acre lot, Fireplace, Waterfront. Exterior Features: Porch, Deck.
This property is listed by James Marx and can be reached at 2189691478 or james@mirabellarealtymn.com.
