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. 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!

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Home facts

  • Year built:1993
  • Listing ID #:6770522
  • Added:228 day(s) ago
  • Updated:March 29, 2026 at 12:04 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
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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