Active

MLS: #7083459, Listed By: Brian Wallin, Black Bear Real Estate, Source:FargoMoorhead Area Association of REALTORS

31336 & 31338 Rasmussen Road

Pequot Lakes, MN 56472
Mark as Favorite
Bed 3

Bed

Bath 4

Bath

SqFt2,600

Sqft

Acres2.46

Acres(Lot)

Experience the perfect blend of luxury, functionality, and income potential with two homes situated on 2.4 private acres within walking distance from Pequot Lakes and the Paul Bunyan Trail. The barndominium is 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 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.

Read More Expand

Detail Ic Property Details

Property Type : Residential

Price : $899,900

AD Id : 79610249

MLS Id : 7083459

Beds : 3

Lot Size : 2.46 Acres

Living Area Size : 2,600

Year Built : 2020

Garage : 6

County : Crow Wing

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 4 Full Baths: 2 Half Baths: 2

    Room Information

    Rooms Total: 12 Basement: None
  • Roofing Information

    Metal
  • Interior Features

    Ceiling Fan(s), Kitchen Island, Sauna, Vaulted Ceiling(s) Roof: Metal Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer Laundry Features: Electric Dryer Hookup, Laundry Room, Lower Level, Main Level, Sink, Washer Hookup
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 2020 Building Area Total: 2600 Construction Materials: Frame Stories: 1 Patio And Porch Features: Covered, Patio Private Pool: No

  • Lot Information

    Lot Dimensions: 165X475X288X211X123X264 Main Square Feet: 2.46 Acres Lot Size Acres: 2.46 Lot Size Square Feet: 107157.6 Lot Description: Irregular Lot

  • Listing Price Information

    Listing Price: $899900 Cash, Conventional

  • Tax Information

    Parcel Number: 29110536 Annual Tax: $5628

  • Parking Information

    Garage Door Opener, Heated Garage, RV Access/Parking

    Garage Information

    Has Garage: Yes Garage Space: 6

  • Location Information

    Direction: From the stoplight in Pequot Lakes turn on Main Street towards County Road 11. Turn left at the 4 way stop on Rasmussen Road to property on the left.
Sell a home like this and save $53,495 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
L2B5 Isabelle Drive, Pequot Lakes, MN, 56472 $335,000 2 2 1,020 1,020 SqFt
HEMLOCK 3 Firewatch Way, Pequot Lakes, MN, 56472 $599,900 3 2 1,797 1,797 SqFt
29XXX Patriot Ave, Pequot Lakes, MN, 56472 $599,900 3 3 2,162 2,162 SqFt
33539 County Road 39, Pequot Lakes, MN, 56472 $899,900 5 4 3,618 3,618 SqFt
34477 Gasink Road, Pequot Lakes, MN, 56472 $949,900 3 3 3,746 3,746 SqFt
10422 Ossawinnamakee Road, Pequot Lakes, MN, 56472 $850,000 3 5 4,936 4,936 SqFt
36003 Schaller Lane, Pequot Lakes, MN, 56472 $5,000,000 2 1 1,000 1,000 SqFt
9540 Lake Douglas Way, Pequot Lakes, MN, 56472 $565,000 4 3 2,794 2,794 SqFt
30906 N Lakeview Drive, Pequot Lakes, MN, 56472 $989,000 4 3 1,908 1,908 SqFt
30138 Circle Drive, Pequot Lakes, MN, 56472 $229,900 2 2 885 885 SqFt
Broker Logo

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 06/17/2026 @ 19:28

MLS: 7083459 LISTED BY: Brian Wallin, Black Bear Real Estate 218-839-4926 SOURCE: FargoMoorhead Area Association of REALTORS

Selling? Save $53,495 when you sell a home like this

Tour with a ByOwner Agent