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$899,900
New Listing

31336 & 31338 Rasmussen Road
Pequot Lakes, MN 56472

For Sale|Single Family Residence|Active
3
Beds
4
Total Baths
1
Full Bath
3
Partial Baths
2,600
SqFt
$346
/SqFt
2020
Built
County:
Crow Wing
Listing courtesy of Black Bear Real Estate
Call Now: 218-496-3800
Is this the listing for you? We can help make it yours.
218-496-3800
31336 & 31338 Rasmussen Road31336 & 31338 Rasmussen Road31336 & 31338 Rasmussen Road31336 & 31338 Rasmussen Road
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Monthly Payment (Est.)

$4,106
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Experience the perfect blend of luxury, functionality, and income potential with this one-of-a-kind barndominium situated on 2.4 private acres just minutes from Pequot Lakes. 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 guest 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.

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Listing Snapshot
Price 
$899,900
Days On Site 
0 Days
Bedrooms 
3
Inside Area (SqFt) 
2,600 sqft
Total Baths 
4
Full Baths 
1
Partial Baths 
3
Lot Size 
2.46 Acres
Year Built 
2020
MLS® Number 
7083459
Status 
Active
Property Tax 
$5,628
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 hours agoListing updated with changes from the MLS®
14 hours agoListing first seen on site
General Features
Acres 
2.46
Attached Garage 
Yes
Foundation 
BlockConcrete Perimeter
Garage 
Yes
Garage Spaces 
6
Land Lease 
No
Levels 
One
Number Of Stories 
1
Parking 
GravelGarage Door OpenerHeated GarageRV Access/ParkingAttached
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
SqFt Above 
2600
SqFt Total 
2600
Zoning 
Residential-Single Family
Interior Features
Appliances 
DishwasherDryerExhaust FanMicrowaveRangeRefrigeratorWasherWater Softener Owned
Basement 
None
Cooling 
Ceiling Fan(s)Central Air
Electric 
200+ Amp Service
Fireplace 
Yes
Fireplace Features 
Living RoomStoneWood Burning
Fireplaces 
1
Heating 
Natural GasForced AirFireplace(s)
Interior 
Kitchen IslandSaunaVaulted Ceiling(s)Walk-In Closet(s)
Laundry Features 
Electric Dryer HookupLower LevelLaundry RoomMain LevelSinkWasher Hookup
Bathroom 
Dimensions - 6'X9'Level - Main
Bedroom 
Dimensions - 14'X16'Level - Main
Bedroom 2 
Dimensions - 11'X18'Level - Main
Bedroom 3 
Dimensions - 12'X14'Level - Main
Den 
Dimensions - 8'X15'Level - Main
Dining Room 
Dimensions - 17'X19'Level - Main
Kitchen 
Dimensions - 10'X19'Level - Main
Laundry 
Dimensions - 5'X18'Level - Main
Living Room 
Dimensions - 19'X24'Level - Main
Primary Bathroom 
Dimensions - 7'X18'Level - Main
Sauna 
Dimensions - 3'X4'Level - Main
Utility Room 
Dimensions - 6'X14'Level - Main
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Exterior Features
Construction Details 
FrameSteel Siding
Lot Features 
Irregular Lot
Patio And Porch 
PatioCovered
Road Frontage 
City Street
Roof 
Metal
Community Features
School District 
186 - Pequot Lakes
Township 
Pequot Lakes
Schools
School District
186 - Pequot Lakes
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Black Bear Real Estate



Listing information is provided by Participants of the Northstar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northstar MLS.
Last checked: 2026-05-30 09:04 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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