$585,000
6701 Highway 1 Finland, MN 55603 - Baptism River
For Sale MLS# 6120354
6 beds 4 baths 4,834 sq ft Single Family
Details for 6701 Highway 1
MLS# 6120354
Description for 6701 Highway 1, Finland, MN, 55603 - Baptism River
Incredible opportunity to own a dual-unit vacation rental property on the scenic Baptism River. The main building is a fully renovated 5-bedroom retreat—formerly a bar and restaurant—offering generous space for large groups. A second 1-bedroom cabin sits just steps from the riverbank, perfect for couples or solo travelers. Both units have seen recent updates, including mini-split cold-climate heat pump systems, updated electrical, a new kitchen, new flooring, multiple new windows, a new deck, and fresh exterior paint. The property also benefits from a conditional use permit, streamlining ongoing short-term rental operations. Located across the street from a snowmobile/ATV trail and minutes from Tettegouche State Park, this is a sought-after destination for hiking, biking, fishing, and year-round outdoor adventure. Grossed $85,000 in rental revenue last year. Whether you're an investor seeking steady cash flow or a vacation rental owner looking for a turnkey North Shore asset in a prime recreation area—this property checks every box.
Listing Information
Property Type: Residential, SF/Detached
Status: Active
Bedrooms: 6
Bathrooms: 4
Lot Size: 2.08 Acres
Square Feet: 4,834 sq ft
Year Built: 1940
Garage: Yes
Stories: 2 Story
Construction: Frame/Wood
County: Lake
School Information
District: Lake Superior #381
Room Information
Bathrooms
3/4 Baths: 2
1/4 Baths: 2
Additonal Room Information
Bath Description: 3/4 Main Floor,3/4 Upper,1/4 Main Floor
Interior Features
Square Footage above: 4,834 sq ft
Basement: Concrete Block, Crawl Space, Partial, Poured Concrete, Posts
Fireplaces: Gas
Utilities
Water: Private
Sewer: Private
Cooling: Ductless Mini Split
Heating: Boiler, Fireplace, Heat Pump, Hot Water, Ductless/Mini Split
Exterior / Lot Features
Garage Spaces: 1
Parking Description: Garage Description - Detached
Exterior: Wood
Lot Dimensions: 280x148, 178x285
Waterfront Details
Standard Water Body: Baptism River
Water Front Features: River
Water Frontage Length: 200 Ft.
Driving Directions
Turn onto Hwy 1 and property is on your left hand side after you drive over Baptism River
Financial Considerations
Tax/Property ID: 27-5707-17720,27-5707-17715
Tax Amount: 4164
Tax Year: 2025
A broker reciprocity listing courtesy: Heirloom Realty, LLC - Neal Jacobi
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Duluth Area Association of REALTORS® MLS. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Duluth Area Association of REALTORS® MLS. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2025 Duluth Area Association of REALTORS® MLS. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 6701 Highway 1
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 6701 Highway 1
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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