30973 Rasmussen Road, Pequot Lakes, Minnesota 56472

MN, Pequot Lakes
$429,999
  • 5 Beds
  • 3 Bath
  • Residential Property Type
  • 1985 Year Built
  • Active Status
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Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

Downtown Pequot Lakes — Turnkey, Fully Furnished Home with Proven Rental Income.

Beautifully renovated and fully furnished 5BR/3BA home with 3-car garage, ideally located just one block from downtown Pequot Lakes. This turnkey property offers a unique opportunity for an investor, second-home buyer, or full-time resident. Originally renovated with a $200K+ investment, the property has continued to receive improvements since October 2024, including a brand-new exterior AC unit, air exchanger, professional landscaping, and numerous cosmetic updates.

The spacious interior features vaulted ceilings, a generous primary suite with private bath, updated bathrooms, quartz countertops, upgraded lighting and fixtures, and a well-appointed kitchen. Enjoy the large deck, private backyard, and inviting front porch. Home is being sold fully furnished with high-end furnishings, décor, appliances, and household items.

Strong rental history: approximately $40,000 in rental income in 2025 through a combination of long-term and Airbnb rentals. The property is on track for approximately $40,000 in 2026 through a long-term rental. Current tenant is leased through May 31, 2027, providing established rental income for the new owner. Rental demand has been strong, with four prospective tenants expressing interest within 72 hours when the property was offered for rent.

Enjoy the convenience of being just one block from downtown, with restaurants, churches, shops, schools, and everyday amenities within easy walking distance. Families will appreciate the proximity to Pequot Lakes schools, including highly regarded Pequot Lakes High School. Outdoor enthusiasts will enjoy nearby access to the Paul Bunyan Trail, offering approximately 115 miles of trails for biking and snowmobiling. Highway 371 is just minutes away for convenient access throughout the Brainerd Lakes Area.

Turnkey. Fully furnished. Updated. Income-producing. Leased through May 2027. Exceptional downtown location. A rare opportunity to own a versatile property with proven rental performance and immediate income already in place.

Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 7140632
  • Price: $429,999
  • Year Built: 1985
  • Listing Status: Active
  • Office Name: Edina Realty, Inc.
  • Full Bathrooms: 1
  • Property Sub Type: Single Family
  • Roof: Asphalt,Age 8 Years or Less
Features
  • Heating System Forced Air
  • Cooling System Central Air
  • Basement Full,Finished,Walkout,Block,Egress Window(s)
  • Parking Detached Garage,Garage Door Opener,Asphalt,Electric
  • Exterior Features Wood
  • Laundry Features Laundry Room,Lower Level
  • Sewer City Sewer/Connected
Appliances
  • Dishwasher
  • Dryer
  • Microwave
  • Refrigerator
  • Washer
  • Range
  • Electric Water Heater
  • Stainless Steel Appliances
Address Map
  • Country US
  • State MN
  • County Crow Wing
  • City Pequot Lakes
  • Zipcode 56472
  • Street: Rasmussen
  • Street Number: 30973
  • Street Suffix: Road
  • Longitude: W95° 41' 24.2''
  • Latitude: N46° 36' 6''
  • Directions: This home is located at the corner of Rasmussen Road and Butler Street.
Neighborhood
  • High School District: Pequot Lakes
MLS Addon
  • Office Name: Edina Realty, Inc.
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Building Size: 2208
  • Construction Materials: Frame
  • Electric: Circuit Breakers,200+ Amp Service
  • Foundation Details: Block
  • Garage: 3
  • Levels: Split Entry (Bi-Level)
  • Lot Size Dimensions: 101x129x100x144
Financial
  • Tax Annual Amount: 2717
Listing Information
  • List Agent Mls Id: 505500400
  • List Office Mls Id: 1947
  • Modification Timestamp: 2026-09-12T10:09:09Z
  • Originating System Name: NorthStar
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