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Tbd33 Donovan Point, Orr, MN, 55771

4beds
2baths
3,052sqft
$450,000
$147price/sqft
$3,068/moest. monthly cost
$122,720/yrincome needed

About This Home

If you are seeking privacy, this unique opportunity is for you. Own your very own 33-acre boat-access peninsula on Pelican Lake. This exceptional property includes two log cabins, storage cabin(s), a lake water system, and a septic system (to be inspected). The entire property is powered by a generator, and there is a lakeside sauna conveniently located near the dock. Cabin 1 is a beautiful, seasonal, two-bedroom plus loft, one-bath cabin with a living room, built by Voyageur Log Homes. Cabin 2 is the original, historic vertical log (stockade log) cabin, constructed in 1929. This cabin features a kitchen, a spacious living room, two bedrooms, a bathroom, and a screened-in porch with a wraparound deck. While this cabin is functional, it could benefit from some TLC. The dock provides ample space to accommodate all your friends and family. The property also features an ATV and walking trail system throughout. There is potential to subdivide the land for additional lots. This turnkey island comes fully equipped with all furniture, furnishings, linens, a completely stocked kitchen, and all the necessary tools to maintain the property. The seller will retain some wall art and personal items. Both cabins are outfitted with wood-burning stoves, perfect for cool summer evenings. Pelican Lake is renowned as one of Minnesota's premier fishing destinations, with an abundant supply of bluegills, largemouth and smallmouth bass, walleyes, crappies, northern pike, and perch. The lake frontage listed is an approximate measurement of the shoreline surrounding the entire peninsula per St Louis Co.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
5
BikeSomewhat Bikeable

Schools

4/10
7/10
North Woods SecondaryGrades 7-1214.0 mi

Construction

Condition

  • Property condition: Previously Owned
  • Year built: 1929

Materials

  • Roof: Metal
  • Construction materials: Log,Log Home

Type & Style

  • Home type: SingleFamily
  • Architectural style: Rustic
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Posts,N/A

Bathroom

  • Level: Main
  • Area: 55
  • Dimensions: 11 x 5

Bedroom

  • Level: Main
  • Area: 150
  • Dimensions: 15 x 10

Bedroom

  • Level: Main
  • Area: 315
  • Dimensions: 21 x 15

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Features

  • Number of fireplaces: 3
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 1,526
  • Finished area above ground: 1,526

Heating & Cooling

  • Heating features: Fireplace(s),Wood
  • Cooling features: None

Interior Area

  • Total interior livable area: 3,052 sqft

Kitchen

  • Level: Main
  • Area: 72
  • Dimensions: 8 x 9

Living Room

  • Level: Main
  • Area: 264
  • Dimensions: 17.6 x 15

Other

  • Level: Main
  • Area: 286
  • Dimensions: 22 x 13

Property

Details

  • Parcel number: 759003000370
  • Foundation area: 1240

Features

  • Exterior features: Dock
  • Has view: Yes
  • View description: Inland Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Inland Lake,Waterfront Access(Public),Shoreline Characteristics(Hard,Rocky,Sand,Shore-Accessible,Elevation-Medium)
  • Waterbody name: Pelican
  • Frontage length: 3030

Lot

  • Lot size: 33 Acres
  • Features: Irregular Lot,Tree Coverage - Heavy,Tree Coverage - Medium,Island/Peninsula
  • Lot size dimensions: 1340 x 1560

Parking

  • Parking features: None

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 $2,275$27,300
Home Insurance *$154$1,848
Property Taxes $382$4,584
Electricity $257$3,088
Total$3,068$36,816
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$105,188/yr
40% on housing$92,040/yr
45% on housing$81,813/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

$147This listing

vs Other Active Listings

Avg $/sqft

ZIP 55771$266
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
2026-03-25Listed for sale$450,000

For Sale by Agent

AgentRaymond Ingebretsen
BrokerageRE/MAX Lake Country

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