4345 Spirit Lake Road, Mountain Iron, MN 55768

New Listing
$599,900
Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 2,145 Lot Size (sq. ft.): 217,800 Status: Active
Current Price: $599,900 List Date: 7/01/2026 Last Modified: 7/01/2026

Overview

Description

Incredible Income Potential! Welcome to a truly one-of-a-kind property offering endless possibilities! Situated on approximately 5 picturesque acres, this exceptional property features a beautifully renovated nearly 5,500-square-foot barn transformed into a stunning event venue that’s ready to impress. From weddings and celebrations to corporate gatherings and private events, the opportunities are as limitless as your imagination. Guests will love the expansive concrete patio, perfect for outdoor entertaining, while the unforgettable grain bin bar creates a unique gathering space illuminated by charming solar lights for unforgettable evenings under the stars. Adding even more value is the tastefully updated, fully furnished 3-bedroom, 1-bath guest house, ideal for short-term rentals, bridal parties, event guests, owner occupancy, or additional income. Major mechanical updates have already been completed, including both septic systems and a durable metal roof on the home, offering pea ...

Listing Details MLS# 7097558

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Waterfront YN
No
Year Built
1919
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Three Quarters
Yes
Main Floor Total SqFt
780
Above Grd Total SqFt
1365
Below Grd Total SqFt
780
Total SqFt
2145
Total Finished Sqft
1365.00
FireplaceYN
No
Style
(SF) Single Family
Foundation Size
780
Lot Dimensions
465x466x465x458
Acres
5
Assessment Pending
Unknown
Number of Fireplaces
0
Bath Half
0
Bath Quarter
0
Garage Stalls
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: None Amenities Unit: Ceiling Fan(s); Kitchen Window; Main Floor Primary Bedroom; Washer/Dryer Hookup Appliances: Freezer; Range; Refrigerator Basement: Full; Unfinished Construction Status: Previously Owned Dining Room Description: Eat In Kitchen Electric: 100 Amp Service; Circuit Breakers Exterior: Vinyl Family Room Characteristics: Main Level Fencing: None Foundation: Combination Fuel: Propane Heating: Baseboard; Hot Water Internet Options: Fiber Optic Laundry: Main Level; Washer Hookup Lock Box Type: Combo Lot Description: Tree Coverage - Light Outbuildings: Barn(s) Pool Description: None Road Frontage: County Road; Paved Streets Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Metal Sellers Terms: Cash; Conventional Sewer: Mound Septic; Private Sewer Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary Stories: One and One Half Water: Private; Well

Contract Information

Contingency
None
Original List Price
599900
ListPrice
599900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
4345
Street Name
Spirit Lake
Street Suffix
Road
Postal City
Mountain Iron
County
St. Louis
State
MN
Zip Code
55768
Complex/Dev/Subdivision
Cherry Town Of

Assessments

Tax With Assessments
2144
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1365

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
19
Section#
12
Township#
57

Office/Member Info

Association
GLAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
NORTH 466.69 FEET OF EASTERLY 466.69 FEET OF SE1/4 OF SE1/4
Listing City
Mountain Iron
Map Page
999
Municipality
Cherry Twp
School District
St. Louis County
School District Phone
218-749-8130
Property ID Number
290001002060
Tax Year
2026
Tax Amount
2144
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Incredible Income Potential! Welcome to a truly one-of-a-kind property offering endless possibilities! Situated on approximately 5 picturesque acres, this exceptional property features a beautifully renovated nearly 5,500-square-foot barn transformed into a stunning event venue that’s ready to impress. From weddings and celebrations to corporate gatherings and private events, the opportunities are as limitless as your imagination. Guests will love the expansive concrete patio, perfect for outdoor entertaining, while the unforgettable grain bin bar creates a unique gathering space illuminated by charming solar lights for unforgettable evenings under the stars. Adding even more value is the tastefully updated, fully furnished 3-bedroom, 1-bath guest house, ideal for short-term rentals, bridal parties, event guests, owner occupancy, or additional income. Major mechanical updates have already been completed, including both septic systems and a durable metal roof on the home, offering peace of mind and long-term reliability. With ample parking space, scenic surroundings, and a layout designed to accommodate large gatherings, this extraordinary property offers the perfect blend of rustic elegance, modern convenience, and exceptional earning potential. Whether you’re looking to expand your business, invest in a unique venue, or create a destination unlike any other, this is an opportunity you won’t want to miss!
Directions
4345 Spirit Lake Road Mountain Iron

Accessible

None
Yes

Air Conditioning

None
Yes

Amenities Unit

Ceiling Fan(s)
Yes
Kitchen Window
Yes
Main Floor Primary Bedroom
Yes
Washer/Dryer Hookup
Yes

Appliances

Freezer
Yes
Range
Yes
Refrigerator
Yes

Basement

Full
Yes
Unfinished
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Eat In Kitchen
Yes

Electric

100 Amp Service
Yes
Circuit Breakers
Yes

Exterior

Vinyl
Yes

Family Room Characteristics

Main Level
Yes

Fencing

None
Yes

Foundation

Combination
Yes

Fuel

Propane
Yes

Heating

Baseboard
Yes
Hot Water
Yes

Insurance Fee

Insurance Fee
0

Internet Options

Fiber Optic
Yes

Laundry

Main Level
Yes
Washer Hookup
Yes

Lock Box Type

Combo
Yes

Lot Description

Tree Coverage - Light
Yes

Outbuildings

Barn(s)
Yes

Patio, Porch and Deck Features

Deck
Yes

Pool Description

None
Yes

Road Frontage

County Road
Yes
Paved Streets
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes
Metal
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

Mound Septic
Yes
Private Sewer
Yes

Special Search

All Living Facilities on One Level
Yes
Main Floor Bedroom
Yes
Main Floor Laundry
Yes
Main Floor Primary
Yes

Stories

One and One Half
Yes

Water

Private
Yes
Well
Yes

Room Information

Room Name Dimensions Level
Bonus Room 13x9 Upper
First (1st) Bedroom 12x10.6 Main
Kitchen 14x13 Main
Living Room 20x13 Main
Second (2nd) Bedroom 18.6x9.6 Upper
Third (3rd) Bedroom 13x9 Upper
IDX
Listing Office: RE/MAX Central MN
Last Updated: July - 01 - 2026
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