
358 E Main Street, Owatonna, MN 55060
Kelly · Steele County
Key Facts
Description
A rare opportunity to own one of the area's most storied residences, this remarkable historic estate has been lovingly preserved by the same family for more than 82 years. With only two owners in its history, the home offers a legacy few properties can match. Purchased in 1943 by Dr. H.A. Northrop, a respected community physician, the residence served as the family home where he and his wife raised eight children. Beyond his medical career, Dr. Northrop was a notable figure in Minnesota history, running as a candidate for both Governor of Minnesota and the United States Senate. From 1987 to 2000, the home entered a new chapter when two Northrop siblings transformed it into a successful bed-and-breakfast destination, welcoming distinguished guests including Dr. Joyce Brothers and Art Linkletter. Today, this extraordinary 6-bedroom, 6-bath residence seamlessly blends timeless character with modern comfort. Stunning original woodwork, exquisite stained glass, and two fireplaces create an atmosphere of warmth and sophistication throughout. Four covered porches and a spacious deck provide inviting spaces to relax, entertain, and enjoy the property's unique charm. Thoughtful updates have enhanced the home's beauty and functionality, including a refinished main level, remodeled kitchen, new third-floor windows, a new roof installed on all three buildings in 2023, appliances less than five years old, and numerous additional improvements detailed in the supplemental documents. Whether envisioned as a grand private residence, a boutique hospitality venture, or a distinctive investment opportunity, this one-of-a-kind property is ready to begin its next remarkable chapter.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1900
Stories
2
Living Area
5,192 sq ft
Lot Size
0.41 acres
Lot Dimensions
126 x 140
Garage Spaces
2
MLS® Listing#
7095480
Property Features
Appliances
Cooling
Heating
Flooring
Fireplace
Basement
Parking
Laundry
Patio
Construction
Foundation
Utilities
Sewer
Water Source
Rooms
- 14 x 25.9Main
- 11.2 x 8.10Third
- 13.7 x 14.9Main
- Bedroom13 x 13.9Second
- Bedroom 213.10 x 15.6Second
- Bedroom 311.10 x 13.4Second
- Bedroom 413.7 x 14.9Second
- Bedroom 511.2 x 10.5Second
- Bonus Room30.8 x 21.10Third
- Dining Room17.10 x 16.2Main
- Living Room13.10 x 18.6Main
- Office7.5 x 10.7Main
Schools
- District:
- 761 - Owatonna
Financial Details
HOA
None
Annual Taxes
$4,690
Tax year 2026
Parcel Number
171030110
Directions
Go east from corner of grove and main...will be on northside of road
Affordability Calculator
$102,400
Estimated monthly payment
$2,725/mo
Principal $409,600 · Est. interest $571,428 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Owatonna, MN
- $327,619
- Median Listing Price
- 82
- Median Days on Market
- 2,013
- Median Sq Ft
- $167
- Median Price / Sq Ft
- 158
- Active Listings
- This home’s price is 56% above the area median.
- Its price per sq ft is 41% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Owatonna, MN.
Location
Points of Interest in Owatonna, MN
Showing the Owatonna area map.
Nearby Schools
Washington Elementary
Elementary · 0.0 mi away
Owatonna Online K-6
Secondary · 0.0 mi away
Owatonna Senior High School
Secondary · 0.3 mi away
Owatonna High School French Club
Secondary · 0.3 mi away
Trinity Nursery School
School · 0.4 mi away
Rose Street Center
School · 0.4 mi away
St Marys School
School · 0.6 mi away
Owatonna Community Education
School · 0.8 mi away
Lincoln Elementary
Elementary · 0.9 mi away
Owatonna Public Schools
School · 0.9 mi away
Kid's Korner Educare Center
School · 1.1 mi away
Owatonna Middle School
Secondary · 1.1 mi away
Wilson Elementary
Elementary · 1.2 mi away
Owatonna Montessori Chldrn's House
Elementary · 1.3 mi away
Cedar Kids
School · 1.7 mi away
Owatonna Christian School
School · 1.7 mi away
Grace Baptist Church
School · 1.7 mi away
Willow Creek Intermediate School
School · 1.8 mi away
McKinley Elementary
Elementary · 1.8 mi away
Accelerated Aviation Instruction MN
School · 2.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1680 Woodlawn Avenue, Owatonna, MN | $399,500 | 5 | 4 | 2,652 |
| 1372 20th Street NE, Owatonna, MN | $399,900 | 5 | 4 | 4,371 |
| 1680 Woodlawn Avenue, Owatonna, MN | $410,000 | 5 | 4 | 2,652 |
| 2100 Linn Drive, Owatonna, MN | $410,000 | 5 | 3 | 3,620 |
| 414 W Holly Street, Owatonna, MN | $440,000 | 7 | 3 | 3,623 |
| 414 W Holly Street, Owatonna, MN | $447,500 | 7 | 3 | 3,623 |
Moving Cost Estimate
EXIT Agents in Owatonna
Listing Courtesy: Berkshire Hathaway HomeServices Advantage Real Estate - 5074517355
Licensed in the state of Minnesota
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