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Lakefront Short-Term Rental Compound
For Sale
$2,600,000

6781 Village Drive, Finland, MN 55603

Commercial Sale, Finland, MN

Property SizeContact for details
Lot Size10.27 Acres
Days on Market154

Property Features for 6781 Village Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial, Lot, Shoreline, Residential-Single Family
Bedrooms 9
Bathrooms 7
Full bathrooms 7
Rooms Bathroom 4, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 9, Bathroom 5, Bathroom 6, Bedroom 4, Bathroom 7, Basement, Bedroom 8, Bedroom 7, Bedroom 6, Bathroom 2, Bedroom 5
Parking features Garage, Open, Driveway, Assigned, Guest
Window features ENERGY STAR Qualified WIndows, Screens, Window Treatments, Insulated Windows, Window Coverings, Double Pane Windows, Blinds, Shutters
Patio and Porch features Porch, Deck, Patio
Fireplace 1
Appliances Dishwasher, Dryer, Energy Star Appliances, Freezer, Fuel Tank - Rented, Microwave, Range, Refrigerator, Stainless Steel Appliances, Water Heater - Tankless, Washer, Wine Cooler
Subdivision Village/Ninemile
Lot features Additional Land Available, Accessible Shoreline, B W C A Access, Cleared, Irregular Lot, Property Adjoins Public Land, Tree Coverage - Heavy
High school district Lake Superior
Directions Hwy 61: left on Hwy 1 W, right turn onto county Hwy 7, left on Village Drive, properties throughout.
Standard status Active
APN 24571105010
Lot size 10.27 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7527

Utilities

Sewer type Private Sewer
Heating system Ductless (Heating), Zoned, Fireplace(s)
Cooling system Ductless, Zoned
Water source Private, Well
Water front features Lake
Water front 1

Building Details

Year built 2020
Building materials Concrete, Frame
Roof type Shingle
Listing Agency: Keller Williams Classic Realty · Keller Williams Realty
Listed By: Megan Steinmetz · License #8517994
Added: May 15 Changed: Oct 10 Last Checked: Oct 15 at 12:06PM
MLS# 7074887

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Set on 10.27 acres with lake frontage, this short-term rental property includes three separate structures: two cabins currently used for guest stays and a private residence. The residence is complete and functional, and the property information identifies it as a possible third rental accommodation. The buildings were constructed in 2020 and include private well water and private sewer service.

The property is near the North Shore and Lutsen, with the Superior National Forest surrounding the setting. Restaurants, trails, snowmobile access, hiking and boating are identified as nearby recreation and services. The lakefront setting also provides sunset views.

Adjoining parcels are described as build-ready and approved for commercial use. Conceptual plans have been developed for lodging and mixed-use possibilities, including a restaurant or bar, hotel suites, and additional accommodations. The property also has grandfathered short-term rental positioning. More than 70% of the remaining 2026 calendar year was booked across the existing rental cabins at the time represented in the listing information.

Key Highlights

  • 10.27 acres with lake frontage
  • Three structures: two guest rental cabins and a private residence
  • Built in 2020

Property Analytics

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Current Use

Short term rental ...

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 55603, MN

510
Population
442
Households
1.2
Avg Household Size
56
Median Age
16%
College-Educated
91%
High-School Grad
308.2 sq mi
ZIP Area
2
Density / Sq Mi
$62,813
Median Household Income
$36,458
Median Earnings
$696
Median Rent
$195,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Three structures comprise two guest cabins and a private residence that could be converted to an additional rental accommodation.
Where is this short term rental property located?
The property is located at 6781 Village Drive Finland, MN.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 10.27 acres with lake frontage; Three structures: two guest rental cabins and a private residence; Built in 2020
More about this property
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