1208 Elm Avenue E, Waseca, MN 56093
- $500,000
- 3
- BD
- 2
- BA
- 1,459
- SqFt
- Sold Price
- $500,000
- List Price
- $469,000
- Days on Market
- 486
- Closing Date
- Oct 31, 2025
- MLS#
- 6562682
- Status
- CLOSED
- Type
- Single Family Residential
- Style
- (SF) Single Family
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,459
- Acres
- 2.70
- Year Built
- 1946
Property Description
DRASTIC PRICE DROP! Seller has slashed to rock-bottom pricing on this rare turn-key 5 unit short term rental property plus single family home. NOW PRICED FOR IMMEDIATE SALE! FAST CLOSING! Whether you're an investor looking to capitalize on the growing tourism market or a family seeking a lifestyle change, this property offers a rare opportunity to blend business with pleasure. Welcome to Lodging at Lake Aire with incredible views of Clear Lake. Thriving business nestled in a serene setting offering both comfort and potential for growth. 3 bed home + 5 short term rental units + 2.7 acres + lake views = ENDLESS POSSIBILITIES! The charming home provides a cozy retreat for residents or a manager's quarters, while the 5-unit short term rental caters to a steady flow of guests who appreciate the tranquility and beauty of the area. Rentals have remodeled rooms and includes 3 efficiency, 2 one bedroom, on site laundry and private patios for each room. The charming main home features curved archways, stacked stone fireplace, updated kitchen & baths, hardwood floors, built in hutches and an oversized heated 2 car garage. Imagine the possibilities: expand the lodging options, create outdoor recreational spaces, or develop a community hub that draws visitors year-round. There is plenty of land to potentially add additional amenities or rentals & includes a 2nd curb cut off Elm Ave. With its established clientele and prime location, Lodging at Lake Aire is ready to continue its success story with your vision and passion. Located in the quaint small town of Waseca near numerous lakes, camping and bike paths. This property is meticulously maintained and ready for operation from day one! Don't miss the chance to turn this opportunity into your dream!
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Additional Information
- School District
- Waseca
- Amenities Unit
- Ceiling Fan(s), Hardwood Floors, Kitchen Window, Natural Woodwork, Paneled Doors, Security System, Security Lights
- Appliances
- Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener Owned
- Tax Year
- 2025
- Waterfront Features
- Lake View
- Fencing
- None
- Fuel
- Natural Gas
- Lot Description
- Tree Coverage - Medium
- Water Body Name
- Clear
- Sewer
- City Sewer/Connected
- Roof
- Age 8 Years or Less
- Air Conditioning
- Central Air
- Heating
- Forced Air
- Water
- City Water/Connected
- Basement
- Block, Drainage System, Sump Pump, Unfinished
- Parking
- Detached Garage, Asphalt, Shared Driveway, Garage Door Opener, Heated Garage, Parking Lot, Paved Lot, RV Access/Parking
- Garage Spaces
- 2
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