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$265,000

  • Sold
  • Closed
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1,152 Sq. Ft.
  • 2 Car Garage
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Charming Lake Pepin View Home - Successful Vacation Rental Opportunity. Enjoy stunning views and a prime location with this well-maintained 2-bedroom, 2-bath home just steps from the public beach, marina, river walk, and vibrant downtown. Whether you're looking for a personal getaway or a proven investment, this property offers both lifestyle and income potential. Enjoy Bright & Inviting Living Spaces. The main floor welcomes you with a sunny three-season porch-perfect for morning coffee or evening relaxation. A spacious living room flows into a large dining area featuring an electric wall fireplace for cozy ambiance. The main-level en-suite bedroom includes a full bath for added convenience. The full kitchen provides everything needed for everyday living or hosting guests. Upstairs, you'll find a second bedroom and a spacious, full bath combined with laundry facilities. Even the bathroom offers views of Lake Pepin. The backyard patio is a favorite gathering spot for guests, ideal for enjoying evening bonfires under the stars. A detached 1-car garage offers storage for beach gear, bikes, or outdoor equipment. This home has a strong history as a vacation rental, with reservations already booked through October 2025. Sellers won't close until end of October 2025. Seller and Listing Agent are Related.

Full Property Details for 206 N Franklin St

General

  • Sold For: $265,000
  • Taxes: $2,134 (2025)
  • Status: Closed
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6736197
  • Added to Site: 222 day(s) ago

Parking

  • Garage: Yes
  • Garage Description: 16 x 28
  • Garage Spaces: 2
  • Parking Features: Concrete

School Information

  • School District: 813 - Lake City
  • High School District: Lake City

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Financial Considerations

  • Tax Amount: $2,134
  • Tax Year: 2025
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: SECT-04 TWP-111 RANGE-012 LAKE CITY LOT-007 BLOCK-004 & SWLY 17' OF LOT 4 BLK 4
  • Property ID: R220019800

Listed by Featherstone Real Estate, LLC
Sold by Lakeshore Real Estate Krage & Associates, LLC.

Listing agent

— 206 N Franklin St —

  • Featherstone Real Estate, LLC

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 206 N Franklin St

School District:Lake City Public School District
NameGradesDistance
Bluff View Elementary School
1156 West Lakewood Avenue, Lake City, MN 55041
PK-61.1 mi
Lincoln Secondary, Lake City, MN
300 South Garden Street, Lake City, MN 55041
7-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 206 N Franklin St

Date
Details
Price
Change
Source
10/06/2025
Sold
$265,000
-3.64%
MLS
6/10/2025
Listed
$275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Down Payment Resource

Listed by Featherstone Real Estate, LLC
Sold by Lakeshore Real Estate Krage & Associates, LLC.

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206 N Franklin Street, Lake City, MN 55041 (MLS# 6736197) is a Single Family property that was sold at $265,000 on October 06, 2025. Want to learn more about 206 N Franklin Street? Do you have questions about finding other Single Family real estate for sale in Lake City? You can browse all Lake City real estate or contact a Coldwell Banker agent to request more information.