Historic 1860 Pratt-Taber Inn in Red Wing, Minnesota On Sale For $557K

706 W 4th St, Red Wing, MN 55066

In the heart of Red Wing, Minnesota, a rare opportunity awaits those who appreciate timeless architecture, elegant living, and the enduring charm of history. The Italianate-style residence at 706 West 4th Street is more than just a home for sale—it’s a piece of local heritage and an exceptional real estate offering. Built in 1860, this grand estate is listed on the National Register of Historic Places and once served as the beloved Pratt-Taber Inn, a boutique bed and breakfast that welcomed guests from near and far. Today, it stands as a stunning testament to Red Wing’s storied past, offering over 5,400 square feet of refined beauty and limitless potential for its next owner.

This award-winning property has been celebrated for its preservation and craftsmanship, earning the 2008 Red Wing Heritage Preservation Award. From the moment you see its stately façade, it’s clear that this home is something special. The Italianate design, characterized by its symmetrical proportions, tall windows, and intricate detailing, captures the essence of mid-19th century grandeur while offering modern livability. Every inch of the estate has been thoughtfully restored, honoring the craftsmanship of its original builders while incorporating the amenities that make it comfortable for contemporary living.

The residence offers remarkable flexibility for buyers exploring Red Wing’s real estate market. For those with an entrepreneurial spirit, it can continue as a boutique bed and breakfast, taking advantage of its established reputation and prime location just steps from Historic Downtown Red Wing. For others seeking a private residence, it can easily be transformed into a magnificent single-family home, filled with warmth, history, and unmatched architectural beauty.

Step inside, and you’re immediately welcomed by an atmosphere that feels both grand and inviting. The home’s elegant parlors—one at the front and one at the back—create perfect spaces for gathering and entertaining. Soaring coved ceilings and detailed woodwork add a sense of sophistication, while natural light streams through tall windows, illuminating the craftsmanship that defines every room. Massive wood-paneled doors, polished floors, and period-appropriate finishes evoke a sense of history that’s hard to find in modern homes.

Throughout the house, nine fireplaces anchor various rooms, each one telling a story of the home’s past. These fireplaces, paired with original mantels and decorative tiling, add warmth and authenticity to the living spaces. The gourmet kitchen blends functionality with charm, offering both the practicality required for modern cooking and the beauty expected in a historic estate. From formal dinners to casual breakfasts, the home’s dining spaces are designed to accommodate both intimate family meals and larger gatherings with ease.

The property features four luxurious guest suites, each with its own fireplace and private bath, continuing the tradition of hospitality established during its years as the Pratt-Taber Inn. Every suite feels unique, with details that balance elegance and comfort. For the owner, a private suite adds a sense of retreat, complete with an ensuite bath and a separate living, dining, and kitchenette area in the finished lower level. This thoughtful design allows flexibility—ideal for extended family, guests, or a live-in caretaker.

Every corner of this house reveals the care that has gone into its restoration. The natural woodwork glows with character, the plaster detailing has been lovingly preserved, and the layout retains its historical integrity while offering functionality for modern living. The home feels alive with the craftsmanship of a bygone era, yet every feature works seamlessly for life today.

Outside, the beauty continues with outdoor spaces designed for both relaxation and entertaining. A pergola-covered deck offers a serene place to unwind, while the wraparound porches invite morning coffee or quiet evenings overlooking the lush perennial gardens. The landscaping has been curated to complement the home’s elegance, with mature trees and flowering plants creating a sense of privacy and peace. Whether you’re hosting guests, tending to the garden, or simply soaking in the quiet charm of Red Wing, the grounds offer a perfect escape.

The location enhances the property’s appeal even further. Just steps from the Mississippi River and Red Wing’s historic downtown district, this home offers the walkable lifestyle so many buyers seek today. Shops, parks, restaurants, theaters, and galleries are all within easy reach, allowing residents to enjoy the best of small-town living without sacrificing convenience. The area’s blend of culture, nature, and community makes it one of Minnesota’s most desirable places to call home.

From a realtor’s perspective, 706 West 4th Street is a dream listing—a rare example of heritage real estate that offers both emotional and financial value. It appeals to a range of buyers: history lovers drawn to its preservation, investors interested in operating a boutique inn, and families seeking a home that stands apart from anything else on the market. Its architectural pedigree, combined with its condition and location, makes it an exceptional find in the Red Wing housing market.

The property’s potential as a boutique bed and breakfast remains strong. With four guest suites already in place, private owner’s quarters, and ample communal spaces, the layout is ideal for hosting guests. Red Wing’s reputation as a destination for history, art, and outdoor recreation ensures a steady stream of visitors, making this home not only a beautiful residence but also a viable business opportunity.

For those looking to make it a private residence, the possibilities are equally enticing. Imagine hosting holidays in the formal dining room, relaxing by one of the many fireplaces, or enjoying the gardens on a summer evening. Every feature of the home invites connection, comfort, and a deep appreciation for its legacy.

Owning this house means becoming part of Red Wing’s history—a responsibility and privilege that few properties can offer. As a listed historic landmark, it tells the story of over 160 years of craftsmanship, care, and community. Yet, it remains ready for its next chapter, waiting for someone who recognizes its rare combination of beauty, flexibility, and opportunity.

At more than 5,400 square feet, the home provides all the space and character a buyer could want, without losing the intimate charm that defines it. Its meticulous restoration ensures that the next owner will enjoy both the romance of the past and the comforts of the present. For anyone looking for a house that offers more than walls and rooms—a true estate that embodies artistry, elegance, and purpose—this is a rare find.

The residence at 706 West 4th Street in Red Wing stands as a reminder that great real estate is about more than just square footage or location. It’s about emotion, craftsmanship, and the stories that live within a home. Whether you dream of running a romantic inn or creating a forever home filled with character, this Italianate masterpiece offers something truly extraordinary. It is more than just a listing—it is a legacy waiting to be lived.

photos: