Date
Details
Price
Change
Source
9/11/2026
Listed
$429,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/50
$429,999 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/50
Property Description
Downtown Pequot Lakes - Turnkey, Fully Furnished Home with Proven Rental Income. Beautifully renovated and fully furnished 5BR/3BA home with 3-car garage, ideally located just one block from downtown Pequot Lakes. This turnkey property offers a unique opportunity for an investor, second-home buyer, or full-time resident. Originally renovated with a $200K+ investment, the property has continued to receive improvements since October 2024, including a brand-new exterior AC unit, air exchanger, professional landscaping, and numerous cosmetic updates. The spacious interior features vaulted ceilings, a generous primary suite with private bath, updated bathrooms, quartz countertops, upgraded lighting and fixtures, and a well-appointed kitchen. Enjoy the large deck, private backyard, and inviting front porch. Home is being sold fully furnished with high-end furnishings, décor, appliances, and household items. Strong rental history: approximately $40,000 in rental income in 2025 through a combination of long-term and Airbnb rentals. The property is on track for approximately $40,000 in 2026 through a long-term rental. Current tenant is leased through May 31, 2027, providing established rental income for the new owner. Rental demand has been strong, with four prospective tenants expressing interest within 72 hours when the property was offered for rent. Enjoy the convenience of being just one block from downtown, with restaurants, churches, shops, schools, and everyday amenities within easy walking distance. Families will appreciate the proximity to Pequot Lakes schools, including highly regarded Pequot Lakes High School. Outdoor enthusiasts will enjoy nearby access to the Paul Bunyan Trail, offering approximately 115 miles of trails for biking and snowmobiling. Highway 371 is just minutes away for convenient access throughout the Brainerd Lakes Area. Turnkey. Fully furnished. Updated. Income-producing. Leased through May 2027. Exceptional downtown location. A rare opportunity to own a versatile property with proven rental performance and immediate income already in place.
Full Property Details
Full Property Details for 30973 Rasmussen Rd
General
- Price: $429,999
- Taxes: $2,717 (2026)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7140632
- Updated: 9/12/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 1
- 3/4 Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Lower Level, Laundry Room, Lower Level, Laundry Room
Additional Information
- Amenities: Deck, Porch
Exterior
- Porch/Patio/Deck: Deck, Front Porch
Parking
- Garage: Yes
- Garage Description: 22' x 36'
- Garage Spaces: 3
- Parking Features: Detached Garage, Asphalt, Electric, Garage Door Opener
Location
- County: Crow Wing
- Township: Pequot Lakes
- Subdivision: COLES PLAT OF PEQUOT
- Driving Directions: This home is located at the corner of Rasmussen Road and Butler Street.
School Information
- School District: 186 - Pequot Lakes
- High School District: Pequot Lakes
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)
Structural Information
- Exterior Const.: Frame
- Basement: Yes
- Finished basement: Yes
- Basement Desc.: Block, Egress Window(s), Finished, Full, Walk-Out
- Foundation Size: 1104
- Roof: Age 8 Years or Less, Asphalt
- Disability Access: None
- Square Feet: 2,154
- Above Ground: 1,104 Sq. Ft.
- Below Ground: 1,104 Sq. Ft.
- Finished Down/Base.: 2,208 Sq. Ft.
- Year Built: 1985
Lot Features
- Lot Size (Acres): 0.31
- Lot Dimensions: 101 x 129 x 100 x 144
- Frontage: City Street, Curbs, Paved Streets, Street Lights
- Zoning: Business/Commercial, Residential-Multi-Family
Financial Considerations
- Tax Amount: $2,717
- Tax Year: 2026
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: LOT 1 BLOCK 8 COLES PLAT OF PEQUOT
- Property ID: 29100983
Listed by Edina Realty, Inc.
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 30973 Rasmussen Rd —
Edina Realty, Inc.
NMLS#: 1598647
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 30973 Rasmussen Rd
School District:Pequot Lakes Public Schools
| Name | Grades | Distance |
|---|---|---|
Pequot Lakes Middle School 30805 Olson Street, Pequot Lakes, MN 56472 | 5-8 | 0.4 mi |
Eagle View Elementary School 6539 County Road 11, Breezy Point, MN 56472 | PK-4 | 2.2 mi |
Pequot Lakes Senior High School 30805 Olson Street, Pequot Lakes, MN 56472 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 30973 Rasmussen Rd
Tax History
Tax History for 30973 Rasmussen Rd
Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,742
—
$328,400
2%
2026
$2,742
10868%
$322,500
63%
2024
$25
—
$198,400
1%
2023
$25
—
$197,400
19%
2022
$25
67%
$166,000
27%
2021
$15
—
$130,900
100%
2020
$15
—
-100%
2020
$15
—
$121,100
100%
2019
$15
—
100%
2018
$15
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 30973 Rasmussen Rd
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- 4Beds
- 2Total Baths
- 1,982Sq. Ft.
Listed by eXp Realty
- Single Family
- Active
- 4Beds
- 3Total Baths
- 2,468Sq. Ft.
Listed by RE/MAX Results
- Single Family
- Active
- 3Beds
- 2Total Baths
- 1,480Sq. Ft.
Listed by Woods to Water Real Estate
- Single Family
- Active
- Updated 9 days ago
- 3Beds
- 2Total Baths
- 1,764Sq. Ft.
Listed by Positive Realty
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Lots/Land
- Active
- Updated 4 days ago
- 4Acres
Listed by Edina Realty, Inc.
- Lots/Land
- Active
- Updated 1 day ago
- 0.34Acres
Listed by Positive Realty
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,981Sq. Ft.
Listed by Edina Realty, Inc.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 4Total Baths
- 2,607Sq. Ft.
Listed by Kurilla Real Estate LTD
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Townhouse
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,971Sq. Ft.
Listed by Edina Realty, Inc.
- Townhouse
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 1,740Sq. Ft.
Listed by Edina Realty, Inc.
- Commercial
- Active
- Updated 4 days ago
- 4,400Sq. Ft.
- 7Acres
Listed by Kurilla Real Estate LTD
- Single Family
- Active
- Updated 8 hours ago
- 3Beds
- 1Total Bath
- 1,842Sq. Ft.
Listed by RE/MAX Advantage Plus
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,591Sq. Ft.
Listed by RE/MAX Results
Sold by Edina Realty, Inc.
Sold by Edina Realty, Inc.
- Single Family
- Closed
- 4Beds
- 2Total Baths
- 3,200Sq. Ft.
Listed by eXp Realty
Sold by Edina Realty, Inc.
Sold by Edina Realty, Inc.
- Single Family
- Closed
- 2Beds
- 1Total Bath
- 1,089Sq. Ft.
Listed by Black Bear Real Estate
Sold by RE/MAX Advantage Plus
Sold by RE/MAX Advantage Plus
- Single Family
- Closed
- 2Beds
- 1Total Bath
- 792Sq. Ft.
Listed by Black Bear Real Estate
Sold by Pemberton RE
Sold by Pemberton RE
30973 Rasmussen Road, Pequot Lakes, MN 56472 (MLS# 7140632) is a Single Family property with 5 bedrooms, 1 full bathroom and 2 partial bathrooms. 30973 Rasmussen Road is currently listed for $429,999 and was received on September 11, 2026. Want to learn more about 30973 Rasmussen Road? Do you have questions about finding other Single Family real estate for sale in Pequot Lakes? You can browse all Pequot Lakes real estate or contact a Coldwell Banker agent to request more information.