Property Listing
Description
New address is 26992 Hoot Owl Drive. Extraordinary peninsula property spanning Upper and Lower Mission Lake offering a rare combination of privacy, scale, investment potential, and future flexibility in the heart of the Brainerd Lakes Area. Set on approximately 21.67 acres with 1,682 feet of shoreline, this unique Northwoods compound includes a spacious main home, separate guest house, two oversized garages, and dock access on Lower Mission Lake. Designed for multi-generational living, vacation rental income, or future development opportunities, the property includes three surveyed and recorded split lots, including two waterfront lots, offering exceptional flexibility for future development, resale opportunities, or multi-generational ownership—creating added value and convenience for investors, developers, or buyers seeking a legacy property with long-term versatility. The main residence features 6 bedrooms, including two non-egress bedrooms, 4 bathrooms, multiple gathering spaces, vaulted ceilings, formal dining, and three fireplaces, creating a warm and inviting lake retreat atmosphere. The separate guest house provides additional flexibility for guests, extended family, or rental use. A 52x28 garage/shop offers substantial storage for lake toys, vehicles, and equipment, while the additional 32x24 garage includes loft space ideal for extra storage, workshop space, or hobby use. Currently operating with an established VRBO rental history, this property offers both lifestyle and income potential in a highly sought-after lake setting. The level shoreline, panoramic water views, mature trees, and private peninsula setting create a truly one-of-a-kind ownership opportunity just minutes from Crosslake, Crosby, and the many amenities of the Brainerd Lakes Area.
Property Information
Status: Active
Sub Type: ********
List Price: $930,000
MLS#: 7080996
Current Price: $930,000
Address: 27177 Ridgewood Drive, Merrifield, MN 56465
City: Merrifield
State: MN
Postal Code: 56465
Geo Lat: 46.542702
Geo Lon: -94.085919
Subdivision:
County: Crow Wing
Property Description
Year Built: 1990
Lot Size SqFt: 943945.2
Gen Tax: 5566
Specials Inst: 50
High School: Crosby-Ironton
Square Ft. Source:
Above Grade Finished Area: 3258
Below Grade Finished Area: 1116
Below Grade Unfinished Area:
Total SqFt.: 5068
Style: Array
Total Bedrooms: 4
Total Bathrooms: 4
Total Full Baths: 2
Garage Type:
Garage Stalls: 5
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: