About 37538 Norwood Lane
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.
Features of 37538 Norwood Lane
| MLS® # | 7077777 |
|---|---|
| Price | $779,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 1 |
| Half Baths | 1 |
| Square Footage | 2,540 |
| Acres | 0.51 |
| Year Built | 2024 |
| Type | Residential |
| Sub-Type | Single Family |
| Status | Active |
Community Information
| Address | 37538 Norwood Lane |
|---|---|
| Subdivision | Norwood Beach Cic 103 |
| City | Battle Lake |
| County | Otter Tail |
| State | MN |
| Zip Code | 56515 |
Amenities
| Parking | Attached Garage |
|---|---|
| # of Garages | 3 |
| Is Waterfront | Yes |
| Waterfront | Lake Front |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Dryer, Microwave, Range, Refrigerator |
|---|---|
| Heating | Forced Air, In-Floor Heating |
| Cooling | Central Air |
| Fireplace | Yes |
| # of Fireplaces | 1 |
Exterior
| Exterior Features | Engineered Wood |
|---|---|
| Construction | Frame |
School Information
| District | Battle Lake |
|---|
Additional Information
| Days on Market | 147 |
|---|---|
| Zoning | Residential-Single Family |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Real Estate Results |
|---|