4549 Old Oleary, Orr, MN 55771

Orr
Local realty services provided by:ERA Gillespie Real Estate
4549 Old Oleary,Orr, MN 55771
$449,900
  • 2 Beds
  • 1 Baths
  • 1,040 sq. ft.
  • Single family
  • Active
Listed by: james marx
Office: mirabella realty
MLS#:6770522
Source:NSMLS

Price summary

  • Price:$449,900
  • Price per sq. ft.:$432.6

About this home

Welcome to Old Oleary Island on stunning Pelican Lake, a rare opportunity to own a fully operational short-term rental with good 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. Newer septic system and docks on two sides of the island make for easy lake access. 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!

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Home facts

  • Year built:1993
  • Listing ID #:6770522
  • Added:322 day(s) ago
  • Updated:July 01, 2026 at 12:20 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Bathrooms Description:Main Floor Full Bath
  • Kitchen Description:Microwave, Range, Refrigerator
  • Basement:Yes
  • Living area:1,040 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard, Dual Fuel/Off Peak

Structure and exterior

  • Roof:Asphalt
  • Year built:1993
  • Building area:1,040 sq. ft.
  • Lot area:0.39 Acres
  • Levels:1 Story

Utilities

  • Water:Lake Water
  • Sewer:Septic System Compliant - Yes

Finances and disclosures

  • Price:$449,900
  • Price per sq. ft.:$432.6
  • Tax amount:$2,731 (2025)

Features and amenities

  • Appliances:Microwave, Range, Refrigerator, Washer
  • Laundry features:Dryer, Washer

Parking

  • Parking description:Off Site
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