Listed at
$574,900
$421/sqft

Cherry Town Of

4345 Spirit Lake Road, Mountain Iron, MN, 55768
3  Bedrooms1  Bathroom1,365  Square Feet5  Acres
Days on market89
Year built1919
ParkingGravel
TypeResidential
Est. $14,247buyer credit when you buy with SODL
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About this home

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!

View this property at

Date
Aug 13, 2026
Time
10pm – 12am
Address
4345 Spirit Lake Road, Mountain Iron, MN, 55768

Listed By: RE/MAX Central MN • NST7097558 • Source: Property Details provided by NorthstarMLS and may not match the public record.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1919
LevelsOne and One Half
Living area1,365 sqft
Above-grade finished1,365 sqft
Below-grade finished0 sqft
Lot size5 acres (465x466x465x458)
Days on market89
ListedJul 1, 2026
MLS #NST7097558
CountySt. Louis
SubdivisionCherry Town Of
Parcel #290001002060

Facts & features

Interior

Bedrooms
3
Bathrooms
1
Bath breakdown
1 3/4
Heating
Baseboard, Hot Water
Cooling
None
Appliances
Freezer, Range, Refrigerator

Property

Levels / stories
One and One Half
Parking features
Gravel
Patio & porch
Deck
Exterior features
Vinyl
Pool
None
Fencing
None

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Combination · 780 sqft
Roof
Age 8 Years or Less, Metal
Year built
1919

Utilities

Water
Private, Well
Sewer
Mound Septic, Private Sewer
Fuel
Propane
Electric
Circuit Breakers, 100 Amp Service

Community & HOA

Subdivision
Cherry Town Of
HOA
No HOA
School district
2142 - St. Louis County
High school district
St. Louis County

Financial & listing details

Annual tax
$2,144 (2026)
Listed
Jul 1, 2026
Days on market
89
Manufactured home
Yes

Interior details

Total bathrooms1
Full baths0
3/4 baths1
Half baths0
1/4 baths0
BasementFull, Unfinished
HeatingBaseboard, Hot Water
CoolingNone
LaundryMain Level, Washer Hookup
AppliancesFreezer, Range, Refrigerator
DiningEat In Kitchen
AmenitiesCeiling Fan(s), Kitchen Window, Main Floor Primary Bedroom, Washer/Dryer Hookup
AccessibilityNone
Special featuresAll Living Facilities on One Level, Main Floor Primary, Main Floor Bedroom, Main Floor Laundry

Exterior & lot

ExteriorVinyl
RoofAge 8 Years or Less, Metal
FoundationCombination
Foundation area780 sqft
Patio/porchDeck
Lot featuresTree Coverage - Light
Road frontageCounty Road, Paved Streets
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourcePrivate, Well
SewerMound Septic, Private Sewer
FuelPropane

Parking & garage

ParkingGravel
Garage spaces0

Financial details

Annual taxes$2,144
Tax year2026
Taxes w/ assessments2144
Assessment pendingUnknown
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District2142 - St. Louis County
District number2142
District phone2187498130
High schoolSt. Louis County
SODL flat fee brokerage
$14,247Estimated buyer credit
SODL platform fee $3,000Your buyer credit $14,247

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$3,392/mo
Principal & interest$3,021
Property taxes$179
Home insurance (est.)$192
%
$114,980
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

4345 Spirit Lake Road, Mountain Iron, MN, 55768

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Listing information

MLS #NST7097558
StatusActive
Last updatedAug 10, 2026, 4:35 PM
Originally listedJul 1, 2026, 3:04 PM
Listing officeRE/MAX Central MN

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.