Johnson Hoiseth Lake Minnetonka Real Estate Logo
Description Open House Details Location Market Trends Schools Recent Sales Virtual Tour
$449,900 Est. $1,657 / mo.*

4549 Old Oleary Orr , MN 55771

Listing courtesy of Mirabella Realty.

Description

2 Beds
1 Bath
1,040 Sqft
16,988 Sqft lot
0.39 Acre lot
Status: Active
Property Type: Single Family Residence
Year Built: 1993
Neighborhood: Leiding Town Of
Days on Website: 232
Welcome to Old Oleary Island on stunning Pelican Lake, a rare opportunity to own a fully operational short-term rental with good 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. Newer septic system and docks on two sides of the island make for easy lake access. 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!

Open House

Property Details and Features

Amenities
Amenities Unit:
"Deck", "Hot Tub", "Porch", "Panoramic View"
Appliances & Equipment
Description:
"Dryer", "Microwave", "Range", "Refrigerator", "Washer"
Basement
Description:
"None"
[+] Read More
$449,900 - 2Br/1Ba - for Sale in Leiding Town Of, Orr
Virtual Tour

Contact an Agent

Johnson|Hoiseth

9526416500 9522127103

Location

$449,900 -
4549 Old Oleary Orr , MN 55771
Subdivision: Leiding Town Of

Street View

Nearby Schools

Recent Sales in the Area

This data is up-to-date as of April 1, 2026 5:15PM. For the most current information, contact Lakes Sotheby's International Realty, , Paul@JohnsonHoiseth.com

Similar Properties Nearby