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30973 Rasmussen Road

Pequot Lakes MN 56472

5
3
3
2208 sq. ft.
0.31 ac.
Single-Family
Currently for sale - view listing

Overview

Downtown Pequot Lakes — Turnkey, Fully Furnished Home with Proven Rental Income. Beautifully renovated and fully furnished 5BR/3BA home with 3-car garage, ideally located just one block from downtown Pequot Lakes. This turnkey property offers a unique opportunity for an investor, second-home buyer, or full-time resident. Originally renovated with a $200K+ investment, the property has continued to receive improvements since October 2024, including a brand-new exterior AC unit, air exchanger, professional landscaping, and numerous cosmetic updates. The spacious interior features vaulted ceilings, a generous primary suite with private bath, updated bathrooms, quartz countertops, upgraded lighting and fixtures, and a well-appointed kitchen. Enjoy the large deck, private backyard, and inviting front porch. Home is being sold fully furnished with high-end furnishings, décor, appliances, and household items. Strong rental history: approximately $40,000 in rental income in 2025 through a combination of long-term and Airbnb rentals. The property is on track for approximately $40,000 in 2026 through a long-term rental. Current tenant is leased through May 31, 2027, providing established rental income for the new owner. Rental demand has been strong, with four prospective tenants expressing interest within 72 hours when the property was offered for rent. Enjoy the convenience of being just one block from downtown, with restaurants, churches, shops, schools, and everyday amenities within easy walking distance. Families will appreciate the proximity to Pequot Lakes schools, including highly regarded Pequot Lakes High School. Outdoor enthusiasts will enjoy nearby access to the Paul Bunyan Trail, offering approximately 115 miles of trails for biking and snowmobiling. Highway 371 is just minutes away for convenient access throughout the Brainerd Lakes Area. Turnkey. Fully furnished. Updated. Income-producing. Leased through May 2027. Exceptional downtown location. A rare opportunity to own a versatile property with proven rental performance and immediate income already in place.

Features

5 bedrooms
3 bathrooms
3 carspaces
3 garage spaces
2208 sq. ft. floor area
0.31 ac. lot size
Single-Family

Property history for 30973 Rasmussen Road

2024
Sold
$380,000
08 Oct 2024 by Troy Purcell, of Edina Realty, Inc.
2023
Sold
$184,000
21 Sep 2023 by Jeff Torfin, of Positive Realty

Happy sellers in Pequot Lakes

88%
88% of sellers in Pequot Lakes reported that their sale price either exceeded or met their price expectations.

Pequot Lakes stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Pequot Lakes over the last 12 months.

Local market activity for 5 bedroom single-family properties in Pequot Lakes

In the last 12 months, 17 five-bedroom single-family properties similar to 30973 Rasmussen Road, have been sold.

This represents a 12% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

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