37538 Norwood Lane, Battle Lake, MN 56515

$779,000
  • 37538 Norwood Lane, Battle Lake, MN 56515 Main Photo

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Active
BEDS3 BATHS2 full 1 partial SQUARE FEET2,540 MLS#7077777
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONNorwood Beach Cic 103 SCHOOLBattle Lake

Property Description

Over $65,000 in annual vacation-rental revenue ? fully furnished, turnkey, and built in 2024. Oaken House offers a rare opportunity to own a nearly new Otter Tail Lake property that is already established as a successful vacation rental and ready for its next owner from day one. This beautifully finished 3-bedroom, 3-bath home features a spacious open layout, generous gathering areas, quality finishes, and an oversized 3-stall garage. Whether you're looking for an investment property, family lake retreat, or year-round home, Oaken House offers the flexibility to enjoy the property yourself while generating meaningful rental income when you're away. Located within the Norwood community, owners enjoy approximately 789 feet of shared sandy shoreline on Otter Tail Lake, a private beach area, dock and boat access, walking trails, park space, pickleball, and other shared amenities?giving you the Otter Tail Lake lifestyle without the maintenance and premium price of private shoreline. The property comes fully furnished and rental-ready, eliminating the time and expense of furnishing and setting up a vacation property from scratch. Rental history showing approximately $65,000 in annual gross revenue is available for qualified buyers. Nearly new construction. Fully furnished. Proven rental history. Otter Tail Lake access. Oaken House is ready to enjoy?and ready to earn?from day one.

37538 Norwood Lane | MLS# 7077777

This single family home located at 37538 Norwood Lane, Battle Lake, MN 56515 is currently listed for sale with an asking price of $779,000. This property was built in 2024 and has 3 bedrooms and 2 full and 1 partial baths with 2540 sq. ft. Norwood Lane is located in the Norwood Beach Cic 103 subdivision within the Battle Lake school district. Search Norwood Beach Cic 103 real estate on www.legacyr.com today.

Property Features

Property Type: Residential - Single Family
Basement: None
Cooling: Central Air
Fireplaces: 1
Fuel Type: Electric, Natural Gas
Garage: 3 car attached
Heating: Forced Air, In-Floor Heating
Lot Size: 0.51 Acres
Stories: 1.5
Taxes: $4,352
Year Built: 2024

Feature Descriptions

Accessibility: No Stairs External
Additional Living Info.: All Living Facilities on One Level, Main Floor Primary, Main Floor Bedroom, Primary Bdr Suite
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator
Bathrooms 3/4: 1
Bathrooms Full: 1
Bathrooms Half: 1
Days on Site: 149
Down Payment Resource: Yes
Exterior: Frame
Fireplace: Gas
Foundation Size: 1280
HOA Fee: $145/ Monthly
Lot Dimensions: .51AC
Parcel#: 25000991276000
Parking: Attached Garage
Sewer: Tank with Drainage Field
Special View Info: Lake View
SQ FT Total: 2540
Water: Drilled
Water Features: Lake Front

Local Schools

School District: Battle Lake

Listed By / Shown By

Listed By

Agency Name: Real Estate Results
Agency Phone: 218-346-4663

Shown By

Agency Title: RE/MAX Legacy Realty
Agency Phone: 701-492-5050

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Estimated Payment

$ 2,323.59 per month $1,733.72 Principal & Interest $362.67 Property Tax $227.21 Homeowner's Insurance

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