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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1459 sqft
Garage Yes
Taxes $7,696
Lot Size 
Approx. Age 1946
Avg. Price Per Sqft $321
MLS® Number 6562682

Property Address: 1208 Elm Ave E, Waseca, MN, 56093-3348

Average square foot calculated using Size range provided by listing agent.

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!
MLS® Number6562682
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1946
BasementBlock, Drainage System, Sump Pump, Unfinished
DrivewayDetached, Asphalt, Shared Driveway, Garage Door Opener, Heated Garage, Parking Lot, Paved, RV Access/Parking
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Rooms

Bedroom 1:Main Floor13 × 10 ft
Other:Upper Level9 × 7 ft
Other:Upper Level4 × 5 ft
Living Room:Main Floor12 × 20 ft
Kitchen:Main Floor13 × 10 ft
Dining Room:Main Floor12 × 15 ft
Office:Upper Level6 × 9 ft
Bedroom 3:Upper Level15 × 11 ft
Other:Main Floor5 × 7 ft
Bedroom 2:Upper Level15 × 13 ft

Similar Listings

Price History

Oct 15, 2025End Date
$500,000Sold Price

Sold

Jul 2, 2024List Date
$469,000List Price
  • Commute

Commute

Starting Address
Destination Address
1208 Elm Ave E, Waseca, MN

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