$565,000

425 Prospect Street, Peterson, MN 55962

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$565,000

(34,900) 03/22/2026

425 Prospect Street Peterson, MN 55962

For Sale MLS# 7003876

12 beds 11 baths 5,780 sq ft Single Family

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Data current as of 04/04/2026 17:41:34

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

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

Schools nearby 425 Prospect Street

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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

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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