$899,900
31336 & 31338 Rasmussen Road Pequot Lakes, MN 56472
For Sale MLS# 7083459
3 beds 4 baths 2,600 sq ft Single Family
Details for 31336 & 31338 Rasmussen Road
MLS# 7083459
Description for 31336 & 31338 Rasmussen Road, Pequot Lakes, MN, 56472
Experience the perfect blend of luxury, functionality, and income potential with this one-of-a-kind barndominium situated on 2.4 private acres within walking distance from Pequot Lakes and the Paul Bunyan Trail. 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 guest 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.
Listing Information
Property Type: Residential, Single Family, Shouse (Shop + House)
Status: Active
Bedrooms: 3
Bathrooms: 4
Lot Size: 2.46 Acres
Square Feet: 2,600 sq ft
Year Built: 2020
Foundation: 2,600 sq ft
Garage: Yes
Stories: 1 Story
County: Crow Wing
Days On Market: 9
Construction Status: Previously Owned
School Information
District: 186 - Pequot Lakes
Room Information
Main Floor
Bathroom: 6'X9'
Bathroom: 5'X15'
Bathroom: 6'x9'
Bedroom 1: 14'X16'
Bedroom 2: 11'X18'
Bedroom 3: 12'X14'
Den: 12'X15'
Dining Room: 17'X19'
Kitchen: 10'X19'
Laundry: 5'X18'
Living Room: 19'X24'
Primary Bath: 7'X18'
Spa or Sauna Room: 6'x7.5'
Utility Room: 6'X14'
Bathrooms
Full Baths: 2
1/2 Baths: 2
Additonal Room Information
Family: Main Level
Dining: Kitchen/Dining Room
Laundry: Washer Hookup, Laundry Room, Electric Dryer Hookup, Main Level, Lower Level, Sink
Bath Description: Double Sink,Bathroom Ensuite,Full Primary,Main Floor 1/2 Bath,Main Floor Full Bath
Interior Features
Square Footage above: 2,600 sq ft
Appliances: Washer, Water Softener - Owned, Microwave, Range, Refrigerator, Dryer, Exhaust Fan/Hood, Dishwasher
Facilities: Easily Divided
Fireplaces: 1, Wood Burning, Stone, Living Room
Accessibility: No Stairs External, No Stairs Internal
Additional Interior Features: Ceiling Fan(s), Sauna, Vaulted Ceiling(s), Kitchen Center Island, Main Floor Laundry, Main Floor Primary, 3 BR on One Level, All Living Facilities on One Level, Main Floor Bedroom
Utilities
Water: Drilled
Sewer: Tank with Drainage Field, Septic System Compliant - Yes
Cooling: Central
Heating: Natural Gas, Fireplace, Forced Air
Exterior / Lot Features
Attached Garage: Attached Garage
Garage Spaces: 6
Parking Description: Driveway - Gravel, Attached Garage, Garage Door Opener, Heated Garage, Electric, RV Access/Parking, Garage Dimensions - 45'X70', Garage Door Height - 14, Garage Door Width - 14, Garage Sq Ft - 3150.
Exterior: Steel Siding
Roof: Metal, Age 8 Years or Less
Lot Dimensions: 165X475X288X211X123X264
Zoning: Residential-Single Family
Additional Exterior/Lot Features: Patio, Irregular Lot, Tree Coverage - Light, Road Frontage - City
Driving Directions
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.
Financial Considerations
Tax/Property ID: 29110536
Tax Amount: 5628
Tax Year: 2026
HomeStead Description: Homesteaded
A broker reciprocity listing courtesy: Black Bear Real Estate
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. 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. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 31336 & 31338 Rasmussen Road
Sales History
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Tax Summary
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Schools
Schools nearby 31336 & 31338 Rasmussen Road
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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