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425 Prospect Street

Peterson, MN 55962
  • $685,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: 7003876
UPDATED: 82 min ago
$685,000
  • 12
    BEDS
  • 0.11
    ACRES
  • 10
    BATHS
  • 1
    1/2 BATHS
  • 5,780
    SQFT
  • $119
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1904
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of National Realty Guild.

Description

If your craving real peacefulness, The Wen Inn delivers in the best way. Located in the incredibly silent, safe and welcoming town of Peterson, near Lanesboro and 40 minutes south of Rochester, this beautifully restored historic Victorian era Inn offers the kind of calm you can feel the moment you step onto the porch—quiet streets, helpful neighbors, and a true small-town sense of comfort. This character-rich property blends old school timeless charm with major modern updates already completed. Fully furnished, rehabbed and thoughtfully cared for, it offers exceptional flexibility as a spacious private residence, live-work home, or hosted retreat-style getaway. Set at the center of the Root River Trail, the Wen enjoys a peaceful yet vibrant location loved for biking, gatherings, and seasonal community events—including Norwegian Gamel Dag and a summer concert series. Significant capital improvements provide peace of mind, including fully updated electrical, plumbing, zoned heating, 53 Andersen windows in excellent condition, and new roofs completed in 2023, including rubber roof sections and seven skylights. A three-car garage on a private alley adds serious practicality, complete with multiple electric plug-ins and a Level 2 Tesla charger. With over 5000 square feet above ground, additional space is also found in the full-height, drain-tiled basement. The warm, dry, space with thick limestone walls and a poured floor is a perfect speakeasy-style lounge, with additional room for a studio, gym, or living area. Inside the main building you’ll find multiple bedrooms, generous gathering spaces, and a huge covered front porch that truly becomes a favorite “room” of the home. There are several staircases for flexibility of use, and all facilities including laundry on the main level. A full-price offer includes replacement of the remaining back decking, inclusion of all Inn keeping business systems, and the owner available to assist with a smooth transition. This is a rare opportunity to own a beautifully updated historic property in one of the most peaceful corners of Southeast Minnesota.

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IDX data © 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Keller Williams Preferred Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2026-02-07T16:21:24.387.

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425 Prospect Street Peterson, MN 55962

  • Price: $685,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 82 min ago
  • ID#: 7003876
12
Beds
10
Baths
1
½ Baths
0.11
Acres
5,780
SQFT
$119
$/SQFT
1904
Built
Neighborhood:
Peterson Original
County:
Fillmore
School District:
239 - Rushford-Peterson
Property Description
If your craving real peacefulness, The Wen Inn delivers in the best way. Located in the incredibly silent, safe and welcoming town of Peterson, near Lanesboro and 40 minutes south of Rochester, this beautifully restored historic Victorian era Inn offers the kind of calm you can feel the moment you step onto the porch—quiet streets, helpful neighbors, and a true small-town sense of comfort. This character-rich property blends old school timeless charm with major modern updates already completed. Fully furnished, rehabbed and thoughtfully cared for, it offers exceptional flexibility as a spacious private residence, live-work home, or hosted retreat-style getaway. Set at the center of the Root River Trail, the Wen enjoys a peaceful yet vibrant location loved for biking, gatherings, and seasonal community events—including Norwegian Gamel Dag and a summer concert series. Significant capital improvements provide peace of mind, including fully updated electrical, plumbing, zoned heating, 53 Andersen windows in excellent condition, and new roofs completed in 2023, including rubber roof sections and seven skylights. A three-car garage on a private alley adds serious practicality, complete with multiple electric plug-ins and a Level 2 Tesla charger. With over 5000 square feet above ground, additional space is also found in the full-height, drain-tiled basement. The warm, dry, space with thick limestone walls and a poured floor is a perfect speakeasy-style lounge, with additional room for a studio, gym, or living area. Inside the main building you’ll find multiple bedrooms, generous gathering spaces, and a huge covered front porch that truly becomes a favorite “room” of the home. There are several staircases for flexibility of use, and all facilities including laundry on the main level. A full-price offer includes replacement of the remaining back decking, inclusion of all Inn keeping business systems, and the owner available to assist with a smooth transition. This is a rare opportunity to own a beautifully updated historic property in one of the most peaceful corners of Southeast Minnesota.
Exterior Features

Construction Materials ConcreteFrameStone Fencing OtherPartial Foundation Area 1663 Garage Dimensions 20 x 30 Garage Door Height 7 Garage Door Width 16 Garage Square Feet 640 Levels More Than 2 Stories Lot Size Dimensions 78 x 100 Other Structures Second Residence Parking Features GravelElectricElectric Vehicle Charging Station(s)Finished GarageGarage Door OpenerGuest ParkingInsulated GarageNo Int Access to Dwelling Road Frontage Type City Street Roof Age 8 Years or LessArchitectural ShingleFlatPitchedRubber

Interior Features

Above Grade Finished Area 5220 Amenities Unit Ceiling Fan(s)French DoorsKitchen WindowMain Floor Primary BedroomPaneled DoorsPorchSkylightTile FloorsWasher/Dryer HookupWalk-Up Attic Appliances DishwasherDryerElectric Water HeaterExhaust FanFreezerGas Water HeaterMicrowaveOtherRangeRefrigeratorStainless Steel AppliancesWasherWater Softener Owned Basement Drain TiledDrainage SystemFullPartially FinishedStorage Space Bath Desc Bathroom EnsuiteFull PrimaryPrivate PrimaryMain Floor 1/2 BathMain Floor Full BathUpper Level Full BathJetted Tub Bathrooms One Quarter 0 Below Grade Finished Area 560 Cooling Central Air Dining Room Description Eat In KitchenInformal Dining RoomSeparate/Formal Dining Room Fireplace Features Gas Fireplace YN Yes Fireplaces Total 1 Heating BaseboardForced AirZoned Rooms Bar/Wet Bar Room (Main Level) Dining Room (Main Level) Bedroom 5 (Second Level) Bedroom (Main Level) Bedroom 4 (Second Level) Foyer (Main Level) Kitchen (Main Level) Laundry (Main Level) Bedroom 2 (Second Level) Sitting Room (Main Level) Bedroom 6 (Third Level) Sun Room (Main Level) Bedroom 3 (Second Level) Special Search 3 BR on One LevelAll Living Facilities on One LevelMain Floor BedroomMain Floor LaundryRenovated

Property Features

Accessibility Features Partially WheelchairWheelchair Ramp(s) Additional Parcels YN No Assessment Pending No Association Fee 0 Association YN No Contingency None Foreclosure Status No Fractional Ownership YN No Fuel ElectricNatural Gas Land Lease YN No Lender Owned No Manufactured Home N New Construction YN No Postal City Peterson Potential Short Sale No Present Use Yearly Property Attached YN No Property Sub Type Single Family Residence Sewer City Sewer/Connected Tax Annual Amount 2864 Tax With Assessments 2864 Tax Year 2025 Water Source City Water/Connected Zoning Description Residential-Single Family

NorthstarMLS] logo © 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of National Realty Guild: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Keller Williams Preferred Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2026-02-07T16:21:24.387.

Click here for Digital Millennium Copyright Act
 
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Keller Williams Preferred Realty
14300 Nicollet Ct., Suite #208
Burnsville MN, 55306
NorthstarMLS] logo Listing courtesy of National Realty Guild.