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For sale
  • Price cut: $35.1K (7/24)
    $549,900

    6701 Highway 1, Finland, MN 55603

    6beds
    4,834sqft
    : 
    Single Family Residence
    Built in 1940
    2.08 Acres Lot
    $-- Zestimate®
    $114/sqft
    $-- HOA

    What's special

    Scenic baptism riverNew flooringSteps from the riverbankMultiple new windowsFresh exterior paintNew kitchenNew deck
    Incredible opportunity to own a dual-unit vacation rental property on the scenic Baptism River. The main building is a fully renovated 5-bedroom retreat—formerly a bar and restaurant—offering generous space for large groups. A second 1-bedroom cabin sits just steps from the riverbank, perfect for couples or solo travelers. Both units have seen recent updates, including mini-split cold-climate heat pump systems, updated electrical, a new kitchen, new flooring, multiple new windows, a new deck, and fresh exterior paint. The property also benefits from a conditional use permit, streamlining ongoing short-term rental operations. Located across the street from a snowmobile/ATV trail and minutes from Tettegouche State Park, this is a sought-after destination for hiking, biking, fishing, and year-round outdoor adventure. Grossed $85,000 in rental revenue last year. Whether you're an investor seeking steady cash flow or a vacation rental owner looking for a turnkey North Shore asset in a prime recreation area—this property checks every box.
    43 days
    on Zillow
    |
    1,082
    |
    41
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 29, 2025 at 12:28pm

    Listed by:

    Neal Jacobi 715-892-6325,

    Heirloom Realty, LLC

    Source: Lake Superior Area Realtors,MLS#: 6120354MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • 3/4 bathrooms: 2
    • 1/4 bathrooms: 2
    Heating
    • Boiler, Fireplace(s), Heat Pump, Hot Water, Ductless
    Cooling
    • Ductless
    Features
    • Basement: Block,Concrete,Crawl Space,Partial,Posts
    • Number of fireplaces: 3
    • Fireplace features: Gas
    Interior area
    • Total structure area: 4,834
    • Total interior livable area: 4,834 sqft
    • Finished area above ground: 4,834
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached
    • Garage spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Waterfront features: River, Waterfront Access(Private)
    • Body of water: Baptism River
    • Frontage length: 200
    Lot
    • Size: 2.08 Acres
    • Dimensions: 280x148, 178x285
    Details
    • Parcel number: 27570717720,27570717715
    • Zoning description: Residential-Rec Business

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Frame/Wood, Wood Siding
    Condition
    • Previously Owned
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Electric: Coop Power & Light
    • Sewer: Private Sewer
    • Water: Private

    Community & HOA

    Location
    • Region: Finland

    Financial & listing details

    • Price per square foot: $114/sqft
    • Tax assessed value: $373,900
    • Annual tax amount: $4,164
    • Price range: $549.9K - $549.9K
    • Date on market: 6/26/2025
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