Primary on Main
Address
4345 Spirit Lake Road, Mountain Iron, MN
Price
$ 574,900
Property Attributes
  • ID#7097558
  • TypeSingle Family
  • Listing Status Active
  • CountySAINT LOUIS
  • CityMountain Iron
  • AreaCherry Town Of
  • NeighborhoodCherry Town Of
  • Zip55768
  • StyleSingle Family
  • Year Built1919
  • Taxes$ 2144
  • Price$ 574,900
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1365
  • Lot Size5 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description

Incredible Income Potential! Welcome to a truly one-of-a-kind property offering endless possibilities! Situated on approximately 5 picturesque acres, this exceptional property features a beautifully renovated nearly 5,500-square-foot barn transformed into a stunning event venue that’s ready to impress. From weddings and celebrations to corporate gatherings and private events, the opportunities are as limitless as your imagination. Guests will love the expansive concrete patio, perfect for outdoor entertaining, while the unforgettable grain bin bar creates a unique gathering space illuminated by charming solar lights for unforgettable evenings under the stars. Adding even more value is the tastefully updated, fully furnished 3-bedroom, 1-bath guest house, ideal for short-term rentals, bridal parties, event guests, owner occupancy, or additional income. Major mechanical updates have already been completed, including both septic systems and a durable metal roof on the home, offering peace of mind and long-term reliability. With ample parking space, scenic surroundings, and a layout designed to accommodate large gatherings, this extraordinary property offers the perfect blend of rustic elegance, modern convenience, and exceptional earning potential. Whether you’re looking to expand your business, invest in a unique venue, or create a destination unlike any other, this is an opportunity you won’t want to miss!

Price History
7/1/2026 Listed $599,900
8/10/2026 5$574,900

General Features

Living Area 1365
Sewer Mound Septic,Private Sewer
Heating Baseboard,Hot Water
Cooling None
Roof Age 8 Years or Less,Metal
Appliances Freezer,Range,Refrigerator
Pool Features None
Year Built 1919
Electric Circuit Breakers,100 Amp Service
Levels One and One Half
Property Subtype Single Family
Tax Year 2026
Accessibility None
County St. Louis
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Cherry Town Of
Other Structures Barn(s)
Directions 4345 Spirit Lake Road Mountain Iron
City Mountain Iron
High School District St. Louis County
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 2144
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Kitchen Window,Main Floor Primary Bedroom,Washer/Dryer Hookup
PostalCity Mountain Iron

Interior Features

Basement Full,Unfinished
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1365
3/4 Baths 1
Laundry Features Main Level,Washer Hookup
Total Bedrooms 3
Total Baths 1
Dining Room Description Eat In Kitchen
Fuel Propane

Exterior Features

Fencing None
Parking Features Gravel
Lot Features Tree Coverage - Light
Water Source Private,Well
Lot Size Area 5
Building Area Total 2145
Lot Dimensions 465x466x465x458
Waterfront Y/N No
Foundation Area 780
Road Frontage Type County Road,Paved Streets
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 55768

Price
AVG $300K
$570K
Taxes
AVG $1,405
$2,144
Year Built
AVG 1962
1919
Visits
AVG 22
19
Data Provided by Inside Real Estate®

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