27177 Ridgewood Dr Merrifield, MN 56465

Listing details for 27177 Ridgewood Dr, Merrifield, MN 56465 : 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.