4549 Old Oleary Island, Orr, MN 55771 (MLS # 148852)

Save to Favorites
Print
Share
PRICE $459,900 dsIDX morgage calculator
BEDS 2
BATHS 1
HOME SIZE 1,040 sqft
LOT SIZE 16,989 sqft

Welcome to Old Oleary Island on stunning Pelican Lake, a rare opportunity to own a fully operational short-term rental with outstanding 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. A newer septic system and docks on two sides of the island make for easy lake access. In addition to this property, buyers have the chance to purchase another nearby retreat, located just a one-minute boat ride away on the mainland, which 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!

DAYS ON MARKET 22 LAST UPDATED 8/12/2025
YEAR BUILT 1993 STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
School District St.Louis County-2142


ADDITIONAL DETAILS
APPLIANCES Electric Water Heater, Gas Range, Refrigerator, Washer
CONSTRUCTION Frame, Wood Siding
FIREPLACE Yes
HEAT Baseboard, Electric, Propane
LOT 0.39 acre(s)
LOT DESCRIPTION Irregular Lot
SEWER Septic Tank
STORIES 1
STYLE One Story, Seasonal
WATER ACCESS Pelican
WATERFRONT DESCRIPTION Lake
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 4549 OLD OLEARY ISLAND
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Laurio Brown to contact you even if your name is on a Federal or State "Do not call List".

Listed with Mirabella Realty
Listing information is deemed reliable, but not guaranteed.

This IDX solution is (c) Diverse Solutions 2025.