$685,000

FOR SALE

425 Prospect Street

Peterson, Mn, 55962

MLS #7003876

Subdivision: Peterson Original

Building: -

12 Beds

10/1 Baths

5780 sqft

$ 118.51 /sqft

Property Details

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, this beautifully restored historic Victorian era Inn offers the kind of calm you can feel the moment you step onto the porchquiet 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 eventsincluding 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 youll 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. This is a rare opportunity to own a beautifully updated historic property in one of the most peaceful corners of Southeast Minnesota.

Property Features

-

Property Type
Single Family
HOA Fee/Monthly
-
HOPA
-
Membership Fees
-
Appliances
Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Other, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
Restrictions
-
Furnished
-
Flooring
-
No. of Floor
-
Terms Considered
-
Year Built
1904
Cooling
Central Air
Pets Allowed
-
Amenities
-
Interior
-
Maintenance Fee Includes
-
Governing Bodies
-
Construction
Concrete, Frame, Stone
Security
-
Heating
Baseboard, Forced Air, Zoned
Garage/Carport
3
Dining Area
-
Exterior
-
Pet Restrictions
No
Parking
Gravel, Electric, Electric Vehicle Charging Station(s), Finished Garage, Garage Door Opener, Guest Parking, Insulated Garage, No Int Access to Dwelling
Application Fee
-
Water Access
-
Pool
No
Gated Community
-
Status
A
Listing Office
National Realty Guild

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Listing Courtesy of: National Realty Guild