Price Reduction
Address
6527 Highway 1, Finland, MN
Price
$ 485,000
Property Attributes
- ID#6125320
- TypeSingle Family
- Listing Status ACTIVE
- CountyLAKE
- CityFinland
- AreaLSAR
- Zip55603
- StyleRanch
- Year Built1949
- Taxes$ 3590
- Price$ 485,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage1342
- Lot Size10 Acres
Data Source:
Lake Superior Area of REALTORS® (LSAR)
Property Description
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!
| Price History | |
|---|---|
| 5/16/2026 | Listed $500,000 |
| 9/1/2026 | 3$485,000 |
General Features
| Sewer | Private Sewer |
|---|---|
| Heating | Natural Gas |
| Development Status | Previously Owned |
| Garage Spaces | 5 |
| Architectural Style | Ranch |
| Construction Materials | Wood |
| Year Built | 1949 |
| Property Subtype | Single Family Detached |
| Tax Year | 2026 |
| Parcel Number | 27-5707-20670 |
| County | Lake County |
| Property Type | Residential |
| HOA | No |
| Other Structures | Pole Building |
| Full Baths | 1 |
| Status | ACTIVE |
| Directions | North on Hwy 61 to Hwy 1 to property |
| City | Finland |
| Disclosures | Well Disclosure,Disc./Condition Report,LBP Disclosure,Septic Disclosure |
| High School District | Lake Superior #381 |
| MLS Area | LSAR |
| Tax Annual Amount | 3590 |
| Standard Status | Active |
| Legal Description | SEC 20 TWP 57.0 RG 7 TWP 57 RGE 07 LESS PLAT 5700 SE1/4 OF SW1/4 LESS N 495FT AND S 495FT CRYSTAL BAY TOWNSHIP |
| AttributionContact | *** |
Interior Features
| Basement | None |
|---|---|
| Total Stories | 1 |
| Fireplace Y/N | No |
| Above Grade Finished Area | 1342 |
| Half Baths | 1 |
| Total Bedrooms | 3 |
| Total Baths | 3 |
Exterior Features
| Water Source | Private |
|---|---|
| Foundation Details | N/A |
| Lot Dimensions | 330x1320 |
| Lot Size Acres | 10 |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 55603
Price
Taxes
Year Built
Visits
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than REMAX Advantage Plus - Blaine are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (little black
house) and detailed information about them includes the name of the listing brokers.
© 2026 Realtor Association of Southern Minnesota. All rights reserved. The data relating to real estate for sale on this limited electronic display comes in part from the Broker Reciprocity (sm) Program of the Realtor Association of Southern Minnesota Multiple Listing Service. Real estate listings held by brokerage firms other then REMAX Advantage Plus - Blaine are marked with the Broker Reciprocity(sm) logo or the Broker Reciprocity(sm) thumbnail logo (a little black house) and detailed information
Lake Superior Area of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. Copyright ©2017 All rights reserved.
