425 Prospect Street Peterson, MN 55962
For Sale MLS# 7003876
12 beds 11 baths 5,780 sq ft Single Family
Details for 425 Prospect Street
MLS# 7003876
Description for 425 Prospect Street, Peterson, MN, 55962
If your craving real peacefulness, The Wen Inn delivers in the best way. Located in the incredibly silent, safe and welcoming town of Peterson, near Lanesboro and 40 minutes south of Rochester, only 2 hours from the cities! This beautifully restored historic Victorian era Inn offers the kind of calm you can feel the moment you step onto the porch— quiet streets, helpful neighbors, and a true small-town sense of comfort.This character-rich property blends old school timeless charm with major modern updates already completed. Fully furnished, rehabbed and thoughtfully cared for, it offers exceptional flexibility as a spacious private residence, live-work home, or hosted retreat-style getaway.Set at the center of the Root River Trail, the Wen enjoys a peaceful yet vibrant location loved for biking, gatherings, and seasonal community events—including Norwegian Gamel Dag and a summer concert series.Significant capital improvements provide peace of mind, including fully updated electrical, plumbing, zoned heating, 53 Andersen windows in excellent condition, and new roofs completed in 2023, including rubber roof sections and seven skylights. A three-car garage on a private alley adds serious practicality, complete with multiple electric plug-ins and a Level 2 Tesla charger.With over 5000 square feet above ground, additional space is also found in the full-height, drain-tiled basement. The warm, dry, space with thick limestone walls and a poured floor is a perfect speakeasy-style lounge, with additional room for a studio, gym, or living area.Inside the main building you’ll find multiple bedrooms, generous gathering spaces, and a huge covered front porch that truly becomes a favorite “room” of the home. There are several staircases for flexibility of use, and all facilities including laundry on the main level. A full-price offer includes replacement of the remaining back decking, inclusion of all Inn keeping business systems, and the owner available to assist with a smooth transition. The layout lends itself to being a large single family home with up to 4 rental units in the carriage house to cover costs! This is a rare opportunity to own a beautifully updated historic property in one of the most peaceful corners of Southeast Minnesota.
Listing Information
Property Type: Residential, Single Family
Status: Active
Bedrooms: 12
Bathrooms: 11
Lot Size: 0.11 Acres
Square Feet: 5,780 sq ft
Year Built: 1904
Foundation: 1,663 sq ft
Garage: Yes
Stories: More Than 2 Stories
Subdivision: Peterson Original
County: Fillmore
Days On Market: 65
Construction Status: Previously Owned
School Information
District: 239 - Rushford-Peterson
Room Information
Main Floor
Bar/Wet Bar Room:
Bedroom 1:
Dining Room:
Foyer:
Kitchen:
Laundry:
Sitting Room:
Sun Room:
Bathrooms
Full Baths: 10
1/2 Baths: 1
Additonal Room Information
Other: Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Sixth (6th) Bedroom
Family: Family Room,Lower Level
Dining: Eat In Kitchen,Informal Dining Room,Separate/Formal Dining Room
Laundry: Washer Hookup, Laundry Room, Main Level
Bath Description: Bathroom Ensuite,Full Primary,Jetted Tub,Main Floor 1/2 Bath,Main Floor Full Bath,Private Primary,Upper Level Full Bath
Interior Features
Square Footage above: 5,220 sq ft
Square Footage below: 560 sq ft
Appliances: Stainless Steel Appliances, Electric Water Heater, Gas Water Heater, Refrigerator, Exhaust Fan/Hood, Freezer, Other, Microwave, Range, Dishwasher, Washer, Dryer, Water Softener - Owned
Basement: Storage Space, Drain Tiled, Full, Drainage System, Partial Finished
Fireplaces: 1, Gas Burning
Accessibility: Partially Wheelchair, Wheelchair Ramp
Additional Interior Features: Kitchen Window, Washer/Dryer Hookup, Skylight, Ceiling Fan(s), Renovated, Walk-up Attic, French Doors, Paneled Doors, Tile Floors, Main Floor Laundry, 3 BR on One Level, All Living Facilities on One Level, Main Floor Bedroom
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Cooling: Central
Heating: Electric, Zoned, Forced Air, Natural Gas, Baseboard
Exterior / Lot Features
Garage Spaces: 3
Open Parking: 6
Parking Description: Driveway - Gravel, Insulated Garage, No Int Access to Dwelling, Garage Door Opener, Electric, Finished Garage, Guest Parking, Electric Vehicle Charging Station, Garage Dimensions - 20 x 30, Garage Door Height - 7, Garage Door Width - 16, Garage Sq Ft - 640.0
Exterior: Wood
Roof: Pitched, Rubber, Flat, Age 8 Years or Less, Architectural Shingle
Lot Dimensions: 78 x 100
Zoning: Residential-Single Family
Fencing: Partial, Other
Additional Exterior/Lot Features: Porch, Road Frontage - City
Out Buildings: Second Residence
Driving Directions
south on Hwy 25, becomes Church street, after curve into town, turn right on Prospect and angle park in front of 425 Prospect
Financial Considerations
Tax/Property ID: 070105000
Tax Amount: 2864
Tax Year: 2025
HomeStead Description: Homesteaded
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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 425 Prospect Street
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 425 Prospect Street
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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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