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4553 Highway 53, Orr, MN, 55771

2beds
2baths
1,272sqft
$254,900
$200price/sqft
$1,828/moest. monthly cost
$73,120/yrincome needed

About This Home

Escape to the heart of Minnesota’s Northwoods at this cozy lakeside cabin on scenic Pelican Lake! This charming retreat is the perfect short-term getaway for nature lovers, families, fishermen/women or anyone looking to relax and reconnect in the lakeside deck hot tub. Located right next to the public boat launch with all the amenities that Orr, MN has to offer right out your door. This two bed two bath will accommodate up to 10 guests. Even more exciting? Buyers will have the rare opportunity to inquire about the additional purchase of Old Oleary Island as well as a once-in-a-lifetime chance to own a piece of this stunning lake. Many recent updates throughout. This property comes fully furnished and is a turn-key AirBnb with a solid booking rate and great cash flow. Whether you are looking for your own lakeside retreat to enjoy, or rent out for extra income, start your journey today. The opportunities here are endless! Call today to schedule your private tour.

Getting Around

24
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

5/10
7/10
North Woods SecondaryGrades 7-1212.1 mi

Construction

Condition

  • Year built: 1988

Materials

  • Roof: Asphalt,Shingle
  • Construction materials: Wood Siding,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Residential

Interior

Appliances

  • Appliances included: Electric Range,Microwave,Refrigerator,Washer,Elec. Dryer,Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Crawl Space

Bedroom1

  • Level: Main
  • Area: 110

Bedroom2

  • Level: Upper
  • Area: 297

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Features

  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Forced Air,Propane
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,272
  • Total interior livable area: 1,272 sqft

Kitchen

  • Area: 180.2

Living Room

  • Level: Main
  • Area: 214.2

Property

Details

  • Parcel number: 180001000170

Features

  • Levels: 1 3/4 Story
  • Patio & porch: Deck
  • On waterfront: Yes
  • Waterfront features: Lake Front
  • Waterbody name: Pelican

Lot

  • Lot size: 0.45 Acres
  • Features: Irregular Lot
  • Lot size dimensions: 250 x 80

Parking

  • Parking features: None
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Winter Weather
    Winter WeatherVery High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Cold Wave
Winter Weather
Inland Flooding
Lightning
Wildfire

FEMA Declared Disasters in St. Louis County and Minnesota

Fire
Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,288$15,456
Home Insurance *$154$1,848
Property Taxes $216$2,592
Electricity $170$2,050
Total$1,828$21,936
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$62,674/yr
40% on housing$54,840/yr
45% on housing$48,746/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 2.8%
2.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$200This listing

vs Other Active Listings

Avg $/sqft

ZIP 55771$268
St. Louis County$177

vs Homes Sold Last Month

Median $/sqft

ZIP 55771
St. Louis County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-25Listed for sale$254,900
2026-07-25Listing removed$254,900
2026-03-10Listing removed$254,900
2025-09-11Price change$254,900
2025-08-12Listed for sale$259,900
2025-04-29Listing removed$279,000
2025-03-17Listed for sale$279,000
2024-09-06Listing removed$285,000
2024-05-14Listed for sale$295,000

For Sale by Agent

AgentJames Marx
BrokerageMirabella Realty

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