425 Prospect Street, Peterson, MN 55962
Local realty services provided by:ERA Prospera Real Estate
425 Prospect Street,Peterson, MN 55962
$599,900
- 12 Beds
- 11 Baths
- 5,780 sq. ft.
- Single family
- Active
Listed by: marjorie weir, grace fix
Office: national realty guild
MLS#:7003876
Source:NSMLS
Price summary
- Price:$599,900
- Price per sq. ft.:$103.79
About this home
If your craving real peacefulness, The Wen Inn delivers in the best way. Located in the incredibly silent, safe and welcoming town of Peterson, near Lanesboro and 40 minutes south of Rochester. This beautifully restored historic Victorian era Inn offers the kind of calm you can feel the moment you step onto the porch—quiet streets, helpful neighbors, and a true small-town sense of comfort.
This character-rich property blends old school timeless charm with major modern updates already completed. Fully furnished, rehabbed and thoughtfully cared for, it offers exceptional flexibility as a spacious private residence, live-work home, or hosted retreat-style getaway.
Set at the center of the Root River Trail, the Wen enjoys a peaceful yet vibrant location loved for biking, gatherings, and seasonal community events—including Norwegian Gamel Dag and a summer concert series.
Significant capital improvements provide peace of mind, including fully updated electrical, plumbing, zoned heating, 53 Andersen windows in excellent condition, and new roofs completed in 2023, including rubber roof sections and seven skylights. A three-car garage on a private alley adds serious practicality, complete with multiple electric plug-ins and a Level 2 Tesla charger.
With over 5000 square feet above ground, additional space is also found in the full-height, drain-tiled basement. The warm, dry, space with thick limestone walls and a poured floor is a perfect speakeasy-style lounge, with additional room for a studio, gym, or living area.
Inside the main building you’ll find multiple bedrooms, generous gathering spaces, and a huge covered front porch that truly becomes a favorite “room” of the home. There are several staircases for flexibility of use, and all facilities including laundry on the main level.
A full-price offer includes replacement of the remaining back decking, inclusion of all Inn keeping business systems, and the owner available to assist with a smooth transition. This is a rare opportunity to own a beautifully updated historic property in one of the most peaceful corners of Southeast Minnesota.
Contact an agent
Home facts
- Year built:1904
- Listing ID #:7003876
- Added:37 day(s) ago
- Updated:February 26, 2026 at 08:43 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:11
- Full bathrooms:10
- Half bathrooms:1
- Dining Description:Eat In Kitchen, Informal Dining Room, Separate/Formal Dining Room
- Bathrooms Description:Bathroom Ensuite, Jetted Tub, Main Floor 1/2 Bath, Main Floor Full Bath, Upper Level Full Bath
- Kitchen Description:Dishwasher, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances
- Basement:Yes
- Basement Description:Drain Tiled, Drainage System, Full, Partially Finished, Storage Space
- Living area:5,780 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Baseboard, Forced Air, Zoned
Structure and exterior
- Roof:Age 8 Years or Less, Flat, Pitched, Rubber
- Year built:1904
- Building area:5,780 sq. ft.
- Lot area:0.11 Acres
- Levels:2+ Story
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$599,900
- Price per sq. ft.:$103.79
- Tax amount:$2,864 (2025)
Features and amenities
- Appliances:Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
- Laundry features:Dryer, Washer
- Amenities:Electric Water Heater, Gas Water Heater, Water Softener Owned
