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28750 Prairie Lake Rd, Grand Rapids, MN, 55744

1beds
1baths
734sqft
$299,000
$407price/sqft
$2,017/moest. monthly cost
$80,680/yrincome needed

About This Home

Experience the best of Northwoods living with this charming one-level home on 3.7 picturesque acres featuring a beautiful blend of wooded privacy, open land, and 528 feet of shoreline on Lower Prairie Lake. Located just minutes from Grand Rapids, you'll enjoy the tranquility of country living while remaining close to shopping, dining, and everyday amenities. This clean and well-maintained 1-bedroom, 1-bathroom home is designed for comfortable living and features an attached heated garage, along with a cozy loft that provides additional sleeping space or a flexible area for guests, a home office, or a quiet retreat. Step outside to enjoy the expansive yard, abundant wildlife, and easy access to nearby bicycle and ATV trails, making this property a perfect destination for outdoor enthusiasts in every season. The property also includes a versatile outbuilding with an attached lean-to for additional covered storage. One insulated section features a garage door, concrete floor, service door, and electric heater, making it ideal for a workshop, hobby space, or winter storage. The adjoining storage area provides plenty of room for lawn equipment, tools, and recreational gear. Whether you're searching for a year-round home, a weekend getaway, or the perfect lakeside cabin, this property offers a rare combination of privacy, acreage, and waterfront. Come experience the peaceful lifestyle and endless recreational opportunities that await on beautiful Lower Prairie Lake.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
17
BikeSomewhat Bikeable

Schools

8/10
East Rapids ElementaryGrades 3-53.8 mi
7/10

Construction

Condition

  • Year built: 2017

Materials

  • Roof: Metal
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Electric Water Heater,Microwave,Range,Refrigerator

Basement

  • Basement: None

Bathroom

  • Level: Main
  • Area: 182
  • Dimensions: 13x14

Bedroom

  • Level: Main
  • Area: 108
  • Dimensions: 9x12

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 734

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 734
  • Total interior livable area: 734 sqft

Kitchen

  • Level: Main
  • Area: 80
  • Dimensions: 8x10

Living Room

  • Level: Main
  • Area: 140
  • Dimensions: 10x14

Loft

  • Level: Upper
  • Area: 182
  • Dimensions: 13x14

Property

Accessibility

  • Accessibility features: Doors 36"+

Details

  • Parcel number: 024750220
  • Zoning description: Residential-Single Family
  • Foundation area: 665

Features

  • Levels: One
  • Stories: 1
  • On waterfront: Yes
  • Waterfront features: Lake Front,Lake Bottom(Soft,Undeveloped)
  • Frontage length: Water Frontage: 528

Lot

  • Lot size: 3.71 Acres
  • Lot size dimensions: IRR

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Lightning
    LightningVery High
  • Strong Wind
    Strong WindVery High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Heat Wave
Inland Flooding
Winter Weather
Hail

FEMA Declared Disasters in Itasca County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,511$18,132
Home Insurance *$196$2,352
Property Taxes $140$1,680
Electricity $170$2,050
Total$2,017$24,204
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$69,154/yr
40% on housing$60,510/yr
45% on housing$53,786/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 1.9%
1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$407This listing

vs Other Active Listings

Avg $/sqft

ZIP 55744$182
Itasca County$160

vs Homes Sold Last Month

Median $/sqft

ZIP 55744$143
Itasca County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-10Price change$287,000
2026-08-04Price change$294,000
2026-07-28Listed for sale$299,000
2019-10-31Sold$162,500
2019-08-19Price change$169,900
2019-08-05Price change$174,900
2019-07-23Listed for sale$179,900
2018-01-09Listing removed$62,000
2017-10-11Pending sale$62,000
2017-06-01Listed for sale$62,000

For Sale by Agent

AgentB.J. Hansen
BrokerageEDGE OF THE WILDERNESS REALTY

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