31336-31338 Rasmussen Rd

Pequot Lakes, MN 56472

$899,900
Price
3
Beds
2,600 Sq. Ft.
$346 / Sq. Ft.
2,600
Sq. Ft.
$346
per Sq. Ft.
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Description

Experience the perfect blend of luxury, functionality, and income potential with two homes situated on 2.4 private acres within walking distance from Pequot Lakes and the Paul Bunyan Trail. The barndominium is designed for comfortable single-level living, this meticulously crafted 3-bedroom, 4-bathroom home features accessibility-friendly 3-foot doorways, quality 2x6 construction, a durable block foundation with slab, and an open-concept floor plan filled with natural light from oversized windows....Experience the perfect blend of luxury, functionality, and income potential with two homes situated on 2.4 private acres within walking distance from Pequot Lakes and the Paul Bunyan Trail. The barndominium is designed for comfortable single-level living, this meticulously crafted 3-bedroom, 4-bathroom home features accessibility-friendly 3-foot doorways, quality 2x6 construction, a durable block foundation with slab, and an open-concept floor plan filled with natural light from oversized windows. The heart of the home showcases a stunning wood-vaulted ceiling, custom cabinetry throughout, quartz countertops, and an impressive 13-foot center island ideal for gathering and entertaining. Relax by the wood-burning fireplace or retreat to the spacious office/den, perfect for working from home or creating a private getaway space. Car enthusiasts, hobbyists, and entertainers will appreciate the extraordinary 45' x 70' heated shop. Complete with a built-in bar, sauna, and separate his-and-hers bathrooms, this versatile space is designed for work and play. Two overhead doors—including a 14' x 14' door ideal for RV storage and an 8' x 16' garage door—provide exceptional flexibility. RV owners will love the dedicated 50-amp hookup with water, sewer, and indoor dump access. Adding even more value, the property includes a separate one-level house currently generating $1,900 per month in rental income. This highly flexible residence can function as a single 3-bedroom, 2-bath home or as two separate rental units. One side features 2 bedrooms, a living room, full kitchen, bathroom, and laundry. The other side offers 1 bedroom, a living room, kitchen. You'll also find beautiful pine wood flooring that has been newly refinished A locking door between the units allows owners to easily configure the space as one residence or two independent living areas. Whether used for multi-generational living, Airbnb rentals, long-term tenants, or guest accommodations, the possibilities are endless. At current rental rates, the guest house generates approximately $22,800 annually, helping offset mortgage costs while providing excellent investment potential. Recent improvements include a new roof installed in 2024, along with updated heating and central air conditioning in 2025. An additional detached two-stall garage provides even more storage and parking options. There may also be potential to split the guest house and garage from the main property, creating future investment opportunities. Whether you're seeking a private residence, income-producing property, hobby retreat, or all three, this exceptional offering delivers unmatched versatility, quality craftsmanship, and endless possibilities.
  1. Listed by Black Bear Real Estate

Property Details for 31336-31338 Rasmussen Road

Waterfront YN
No
Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 06/25/2026 09:17 AM

Property Details for 31336-31338 Rasmussen Road

StatusActive
MLS #7083459
Days on Compass11
Taxes$5,628 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family
Year Built2020
Lot Size2.46 AC / 107,157 SF
CountyCrow Wing County
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Location

Listing Courtesy of Black Bear Real Estate
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Building Information for 31336-31338 Rasmussen Road

Stories-Year Built2020Building Size-Lot Size2.46 AC / 107,157 SF

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$4,953 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,484

Property Taxes

$469

HOA Dues

$0

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Property Information for 31336-31338 Rasmussen Road

Summary
Location and General Information
  • City Name: Pequot Lakes
  • County Or Parish: Crow Wing
  • County: Crow Wing-MN
  • Directions: From the stoplight in Pequot Lakes turn on Main Street towards County Road 11. Turn left at the 4 way stop on Rasmussen Road to property on the left.
  • Latitude: 46.607216
  • Longitude: -94.308664
  • Map Coordinate: 999-A1
  • City and Location: Pequot Lakes
  • City and Location Text: Pequot Lakes(MN)
  • Postal Code: 56472
  • State Or Province: MN
  • Public Survey Township: 136
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 29110536
  • Tax Annual Amount: $5,628.00
  • Tax Legal Description: THE S. 288.75 FT OF THE W. 475 FT OF NW1/4 OF SW1/4 SECTION 11 EXCEPT THE S. 123.75 FT OF W. 264 FT THEREOF
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2026
  • Tax With Assessments: 5628
School Information
  • High School District: 186 - Pequot Lakes
  • School District Number: 186
  • School District Phone: 2185684996
Property
Lot Information
  • Above Grade Fin SQFT: 2600.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 2600.0
  • Living Area Units: Square Feet
  • Lot Features: Irregular Lot, Tree Coverage - Light
  • Lot Size Area: 2.46
  • Lot Size Dimensions: 165X475X288X211X123X264
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family
  • Property Type: Residential
  • SQFT Main Total: 2600
  • Building Area Total: 2600.0
  • Above Grade SqFt Total: 2600
  • Below Grade SqFt Total: 0
Utilities
  • Electric: 200+ Amp Service
  • Sewer: Septic System Compliant - Yes, Tank with Drainage Field
  • Water Source: Drilled
Interior and Exterior Features
Exterior Features
  • Accessibility Features: No Stairs External, No Stairs Internal
  • Exterior Features: Steel Siding
  • Foundation Area: 2600.0
  • Foundation Details: Block, Concrete Perimeter, Poured Concrete
  • Fuel: Natural Gas
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • Roof: Age 8 Years or Less, Metal
  • Patio Porch Type: Covered
Interior Features
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Basement Type: None
  • Amenities Unit: Ceiling Fan(s),Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Sauna,Vaulted Ceiling(s)
  • Bath Desc: Double Sink,Bathroom Ensuite,Full Primary,Main Floor 1/2 Bath,Main Floor Full Bath
  • Bathrooms Full: 2
  • Bathrooms Half: 2
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Count: 4
  • Bedrooms Total: 3
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Fireplaces Total: 1
  • FireplaceYN: Yes
  • Cooling: Central Air
  • Dining Room Description: Kitchen/Dining Room
  • Garage Dimensions: 45'X70'
  • Garage Door Height: 14
  • Garage Door Width: 14
  • Garage Square Feet: 3150
  • Heating: Forced Air, Fireplace(s)
  • Laundry Features: Electric Dryer Hookup, Lower Level, Laundry Room, Main Level, Sink, Washer Hookup
  • Levels: One
  • Room List: Bathroom, Den, Dining Room, Bedroom, Kitchen, Laundry, Living Room, Primary Bathroom, Bedroom 2, Sauna, Bedroom 3, Utility Room
  • Basement YN: Yes
Room Information
Room 1
  • Room Dimensions: 5'X15'
  • Room Level: Main
  • Room Type: Bathroom
Room 2
  • Room Dimensions: 6'X9'
  • Room Level: Main
  • Room Type: Bathroom
Room 3
  • Room Dimensions: 6'x9'
  • Room Level: Main
  • Room Type: Bathroom
Room 4
  • Room Dimensions: 12'X15'
  • Room Level: Main
  • Room Type: Den
Room 5
  • Room Dimensions: 17'X19'
  • Room Level: Main
  • Room Type: Dining Room
Room 6
  • Room Dimensions: 14'X16'
  • Room Level: Main
  • Room Type: Bedroom
Room 7
  • Room Dimensions: 10'X19'
  • Room Level: Main
  • Room Type: Kitchen
Room 8
  • Room Dimensions: 5'X18'
  • Room Level: Main
  • Room Type: Laundry
Room 9
  • Room Dimensions: 19'X24'
  • Room Level: Main
  • Room Type: Living Room
Room 10
  • Room Dimensions: 7'X18'
  • Room Level: Main
  • Room Type: Primary Bathroom
Room 11
  • Room Dimensions: 11'X18'
  • Room Level: Main
  • Room Type: Bedroom 2
Room 12
  • Room Dimensions: 6'x7.5'
  • Room Level: Main
  • Room Type: Sauna
Room 13
  • Room Dimensions: 12'X14'
  • Room Level: Main
  • Room Type: Bedroom 3
Room 14
  • Room Dimensions: 6'X14'
  • Room Level: Main
  • Room Type: Utility Room

Property History for 31336-31338 Rasmussen Road

DateEvent & SourcePriceAppreciation
May 29, 2026

Price Change

NorthStar #7083459

$899,900—
May 29, 2026

Listed (Active)

NorthStar #7083459

—
DateEvent & SourcePrice
05/29/2026

Price Change

NorthStar #7083459

$899,900
05/29/2026

Listed (Active)

NorthStar #7083459

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 31336-31338 Rasmussen Road

This home is within Pequot Lakes Public Schools.
Rating
School
Type
Grades
Distance
Eagle View Elementary School
Public - PK to 4
Pequot Lakes Middle School
Public - 5 to 8
Pequot Lakes Senior High School
Public - 9 to 12
Rating
School
Distance
Eagle View Elementary School
PublicPK to 4

Pequot Lakes Middle School
Public5 to 8

Pequot Lakes Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 31336-31338 Rasmussen Road, Pequot Lakes, MN 56472

31336-31338 Rasmussen Road is a single family home for sale in Pequot Lakes, MN 56472. This property was listed for sale on May 30, 2026 by Black Bear Real Estate, it's currently listed at $899,900. This listing's school district is Pequot Lakes Public Schools. Nearby schools include Eagle View Elementary School, Pequot Lakes Middle School and Pequot Lakes Senior High School. 31336-31338 Rasmussen Road is a 3-bed, 4-bath, 2,600 sqft single family home built in 2020.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Black Bear Real Estate

Based on information submitted to the MLS GRID as of 06/25/2026 09:17 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.