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USAMNPequot Lakes31336 & 31338 Rasmussen Road
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31336 & 31338 Rasmussen Road, Pequot Lakes, MN

Real Estate

For Sale

Listed price in listed location currency (USD).
$899,900

346

MLS® 7083459

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Other
Levels Residential
Size 2600 sqft
Garage Yes
Maintenance Fees 
Taxes $5,628
Days Active 0
Approx. Age 2020
Avg. Price Per Sqft $346
MLS® Number 7083459

Property Address: 31336 & 31338 Rasmussen Road, Pequot Lakes, MN, 56472

Average square foot calculated using Size range provided by listing agent.

Description

Experience the perfect blend of luxury, functionality, and income potential with this one-of-a-kind barndominium situated on 2.4 private acres just minutes from Pequot Lakes. Designed for comfortable single-level living, this meticulously crafted 3-bedroom, 4-bathroom home features accessibility-friendly 3-foot doorways, quality 2x6 construction, a durable block foundation with slab, and an open-concept floor plan filled with natural light from oversized windows. The heart of the home showcases a stunning wood-vaulted ceiling, custom cabinetry throughout, quartz countertops, and an impressive 13-foot center island ideal for gathering and entertaining. Relax by the wood-burning fireplace or retreat to the spacious office/den, perfect for working from home or creating a private getaway space. Car enthusiasts, hobbyists, and entertainers will appreciate the extraordinary 45' x 70' heated shop. Complete with a built-in bar, sauna, and separate his-and-hers bathrooms, this versatile space is designed for work and play. Two overhead doors—including a 14' x 14' door ideal for RV storage and an 8' x 16' garage door—provide exceptional flexibility. RV owners will love the dedicated 50-amp hookup with water, sewer, and indoor dump access. Adding even more value, the property includes a separate one-level guest house currently generating $1, 900 per month in rental income. This highly flexible residence can function as a single 3-bedroom, 2-bath home or as two separate rental units. One side features 2 bedrooms, a living room, full kitchen, bathroom, and laundry. The other side offers 1 bedroom, a living room, kitchen. You'll also find beautiful pine wood flooring that has been newly refinished A locking door between the units allows owners to easily configure the space as one residence or two independent living areas. Whether used for multi-generational living, Airbnb rentals, long-term tenants, or guest accommodations, the possibilities are endless. At current rental rates, the guest house generates approximately $22, 800 annually, helping offset mortgage costs while providing excellent investment potential. Recent improvements include a new roof installed in 2024, along with updated heating and central air conditioning in 2025. An additional detached two-stall garage provides even more storage and parking options. There may also be potential to split the guest house and garage from the main property, creating future investment opportunities. Whether you're seeking a private residence, income-producing property, hobby retreat, or all three, this exceptional offering delivers unmatched versatility, quality craftsmanship, and endless possibilities.
MLS® Number7083459
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelElectric Dryer Hookup, Lower Level, Laundry Room, Main Level, Sink, Washer Hookup
Exposure
Exterior
GarageYes
Approx. Age2020
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Den:Main Floor15 × 8 ft
Sauna:Main Floor4 × 3 ft
Laundry:Main Floor18 × 5 ft
Other:Main Floor18 × 7 ft
Other:Main Floor9 × 6 ft
Kitchen:Main Floor19 × 10 ft
Bedroom 2:Main Floor18 × 11 ft
Utility Room:Main Floor14 × 6 ft
Dining Room:Main Floor19 × 17 ft
Other:Main Floor16 × 14 ft
Bedroom 3:Main Floor14 × 12 ft
Living Room:Main Floor24 × 19 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

May 29, 2026List Date
$899,900List Price
  • Commute

Commute

Starting Address
Destination Address
31336 & 31338 Rasmussen Road, Pequot Lakes, MN

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