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4549 Old Oleary, Orr, MN 55771

Local realty services provided by:CENTURY 21 Brainerd Realty, Inc.
4549 Old Oleary,Leiding Twp, 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 outstanding 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. A newer septic system and docks on two sides of the island make for easy lake access. In addition to this property, buyers have the chance to purchase another nearby retreat, located just a one-minute boat ride away on the mainland, which 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:170 day(s) ago
  • Updated:January 29, 2026 at 06:43 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,040 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard, Dual

Structure and exterior

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

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)
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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