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2715 Roberts Is, International Falls, MN, 56649

8beds
4baths
3,314sqft
$1,299,000
$392price/sqft
$9,299/moest. monthly cost
$371,960/yrincome needed

About This Home

Enchanting 2.6-acre pristine Rainy Lake Island paradise on the U.S. side of the lake! You could have a private family or corporate compound or return it back into a resort that it formerly was. The island is divided into 2 portions connected by a thin strip of sand beach. During the record flood of 2022 none of the cabins on this portion of the island flooded. The island has a great Rainy Lake history and was conceived by Major Horace Gordan Roberts in 1913. Roberts was a well to do businessman from Davenport, Iowa and reportedly had vast lumber holdings around the country. In 1959 Gerald and Olive Wagness bought the island and ran it as a resort till 1972 before it was sold into private hands. The island boasts 4 cabins with 9 bedrooms total, a generous woodshop, a woodshed, a kids play cottage, a gazebo, a centrally located laundry and a small bunkhouse for additional sleeping quarters and access to a shared beach. Located on the edge of Voyageurs National Park the fishing is world class and the Canadian Shield scenery is second to none.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

5/10
Falls Elementary SchoolGrades PK-57.6 mi
7/10
Falls SecondaryGrades 6-127.7 mi

Construction

Condition

  • Year built: 1940

Materials

  • Roof: Age Over 8 Years,Asphalt
  • Construction materials: Post and Beam,Frame,Log

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Water Heater,Microwave,Range,Refrigerator
  • Laundry features: Common Area,Electric Dryer Hookup

Basement

  • Basement: None

Bathroom

  • Level: Main
  • Area: 72
  • Dimensions: 9x8

Bedroom

  • Level: Main
  • Area: 160
  • Dimensions: 16x10

Bedroom2

  • Level: Main
  • Area: 110
  • Dimensions: 11x10

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 1
  • 3/4 bathrooms: 3

Dining Room

  • Level: Main
  • Area: 285
  • Dimensions: 15x19

Features

  • Number of fireplaces: 3
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 3,314

Heating & Cooling

  • Heating features: Space Heater,Wood Stove
  • Cooling features: None

Interior Area

  • Total structure area: 3,314
  • Total interior livable area: 3,314 sqft

Kitchen

  • Level: Main
  • Area: 256
  • Dimensions: 16x16

Living Room

  • Level: Main
  • Area: 224
  • Dimensions: 14x16

Screened Porch

  • Level: Main
  • Area: 300
  • Dimensions: 25x12

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1502200110
  • Zoning description: Shoreline,Residential-Single Family
  • Foundation area: 3314

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Deck
  • Fencing: None
  • Has view: Yes
  • View description: Bay,East,Lake,North,Panoramic,South,West
  • Has water view: Yes
  • Water view: Bay,Lake
  • On waterfront: Yes
  • Waterfront features: Deeded Access,Dock,Lake Front,Lake View
  • Frontage length: Water Frontage: 1300

Lot

  • Lot size: 2.60 Acres
  • Features: Accessible Shoreline,Island/Peninsula,Tree Coverage - Medium
  • Lot size dimensions: round island

Parking

  • Parking features: Other

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
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Winter Weather
Hail
Heat Wave
Lightning

FEMA Declared Disasters in Koochiching 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 $6,568$78,816
Home Insurance *$1,597$19,164
Property Taxes $855$10,260
Electricity $279$3,354
Total$9,299$111,588
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$318,822/yr
40% on housing$278,970/yr
45% on housing$247,973/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: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: -2.3%
-2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$392This listing

vs Other Active Listings

Avg $/sqft

ZIP 56649$147
Koochiching County$139

vs Homes Sold Last Month

Median $/sqft

ZIP 56649
Koochiching County$89

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
2026-02-16Price change$1,499,999
2025-08-26Listed for sale$1,799,000

For Sale by Agent

AgentBarry Woods
BrokerageMove it Real Estate Group/Lake

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