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425 Prospect Street, Peterson, MN 55962

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Listed By

Agency Name: National Realty Guild
Agency Phone: 651-330-8001

Shown By

Agency Title: Counselor Realty - Alexandria
Agency Phone: (320) 762-1111

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Property Description

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 porch?quiet 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 events?including 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 you'll 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.

425 Prospect Street | MLS# 7003876

This single family home located at 425 Prospect Street, Peterson, MN 55962 is currently listed for sale with an asking price of $599,900. This property was built in 1904 and has 12 bedrooms and 10 full and 1 partial baths with 5780 sq. ft. Prospect Street is located in the Peterson Original subdivision within the Rushford-Peterson school district. Search Peterson Original real estate on www.counselorrealtyalex.com today.

Property Features

Property Type: Residential - Single Family
Basement: Drain Tiled, Drainage System, Full, Partially Finished, Storage Space
Basement: Yes
Cooling: Central Air
Fireplaces: 1
Fuel Type: Electric, Natural Gas
Garage: 3
Heating: Baseboard, Forced Air, Zoned
Lot Size: 0.11 Acres
Roof Type: Age 8 Years or Less, Architectural Shingle, Flat, Pit
Taxes: $2,864
Year Built: 1904

Feature Descriptions

Accessibility: Partially Wheelchair, Wheelchair Ramp(s)
Additional Living Info.: 3 BR on One Level, All Living Facilities on One Level, Main Floor Bedroom, Main Floor Laundry, Renovated
Additional Structures: Second Residence
Appliances: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Other, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
Bath: Bathroom Ensuite, Full Primary, Private Primary, Main Floor 1/2 Bath, Main Floor Full Bath, Upper Level Full Bath, Jetted Tub
Bathrooms Full: 10
Bathrooms Half: 1
Days on Site: 43
Dining: Eat In Kitchen, Informal Dining Room, Separate/Formal Dining Room
Down Payment Resource: Yes
Exterior: Concrete, Frame, Stone
Fencing: Partial
Fireplace: Gas
Foundation Size: 1663
Lot Dimensions: 78 x 100
Parcel#: 070105000
Parking: Gravel, Electric, Electric Vehicle Charging Station(s), Finished Garage, Garage Door Opener, Guest Parking, Insulated Garage, No Int Access to Dwelling
Sewer: City Sewer/Connected
Water: City Water/Connected

Local Schools

School District: Rushford-Peterson

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Estimated Payment

$ 3,606.56 per month $3,192.92 Principal & Interest $238.67 Property Tax $174.97 Homeowner's Insurance

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