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38549 Arrow Wood Ct, Sturgeon Lake, MN, 55783

2beds
1baths
617sqft
$132,900
$215price/sqft
$1,020/moest. monthly cost
$40,800/yrincome needed

About This Home

This well-maintained property offers a practical, affordable option for great recreation or your weekend retreat with OPTIONAL deeded association access to Sturgeon Lake and Rush Lake for $25/year. Two bedroom, one bath + outhouse, bunkhouse and 1 car garage with sauna and work bench. The layout is comfortable and functional, with a kitchen and living space designed for year-round use. Its manageable size helps keep utility and maintenance costs low, making it a smart alternative to traditional housing. A bunk house with heat and AC offers a great separate space for guests. A firepit and wooded backdrop with an abundance of wildlife make it a great reset from a busy schedule. Just minutes from Sturgeon Lake, Rush Lake and ATV trails and a couple minutes from restaurants and entertainment. Host your next campout!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
14
BikeSomewhat Bikeable

Schools

5/10
3/10
Willow River SecondaryGrades 7-125.0 mi

Construction

Condition

  • Property condition: Previously Owned
  • Year built: 1970

Materials

  • Construction materials: Wood,Frame/Wood,Other - See Remarks

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Water Heater-Electric,Exhaust Fan,Microwave,Range,Refrigerator

Bathroom

  • Level: Main
  • Area: 9
  • Dimensions: 3 x 3

Bedroom

  • Level: Main
  • Area: 80
  • Dimensions: 10 x 8

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 617

Heating

  • Heating features: Baseboard,Fireplace(s),Forced Air,Oil,Electric

Interior Area

  • Total interior livable area: 617 sqft

Kitchen

  • Level: Main
  • Area: 77
  • Dimensions: 7 x 11

Living Room

  • Level: Main
  • Area: 54
  • Dimensions: 9 x 6

Master Bedroom

  • Level: Main
  • Area: 110
  • Dimensions: 10 x 11

Property

Details

  • Parcel number: 336185000
  • Other equipment: Fuel Tank-Owned

Features

  • Patio & porch: Deck,Porch
  • On waterfront: Yes
  • Waterfront features: Inland Lake,Waterfront Access(Association)
  • Waterbody name: Sturgeon
  • Frontage length: 0

Lot

  • Lot size: 0.48 Acres
  • Lot size dimensions: 118 x 184 x 95 x 208

Parking

  • Total spaces: 1
  • Parking features: Gravel,Carport,Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Carport: Yes

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 WaveRelatively High
  • Lightning
    LightningRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Hail
Inland Flooding
Winter Weather

FEMA Declared Disasters in Pine 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 $672$8,064
Home Insurance *$115$1,380
Property Taxes $63$756
Electricity $170$2,050
Total$1,020$12,240
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$34,971/yr
40% on housing$30,600/yr
45% on housing$27,200/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: 10.0%
10.0%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$215This listing

vs Other Active Listings

Avg $/sqft

ZIP 55783$267
Pine County$173

vs Homes Sold Last Month

Median $/sqft

ZIP 55783
Pine County$105

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)

No zestimate history available

Price History

DateEventPrice
2026-08-11Pending sale$132,900
2026-07-20Price change$132,900
2026-03-31Listed for sale$135,900
2025-10-15Listing removed$129,900
2025-06-09Price change$129,900
2025-04-14Listed for sale$138,500
2024-10-22Listing removed$138,500
2024-08-30Contingent$138,500
2024-08-13Listed for sale$138,500

For Sale by Agent

AgentCorrine Hobbs
BrokerageEdina Realty, Inc. - Duluth

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