1061 W 3rd St, Grand Marais, MN, 55604
About This Home
**New Construction** Enjoy the ease of one-level living in this thoughtfully designed 2-bedroom, 2-bath home tucked away on a quiet dead end street in the heart of Grand Marais. This home offers the convenience of in-town living. Easily walk to shops, restaurants and the harbor while enjoying the comfort of a modern low-maintenance home. This home features an open concept layout, beautiful kitchen with quartz countertops and soft close cabinet doors, brand new appliances including a dishwasher. The primary bedroom features an En Suite bathroom with a tiled walk-in shower along with a walk-in closet. Whether you are looking for a place to get away or year-round living this is it! A must see.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Completed
- Year built: 2026
Materials
- Roof: Asphalt Shingle
- Construction materials: Fiber Board,Frame/Wood,Poured Concrete
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Water Heater-Electric,Dishwasher,Dryer,Exhaust Fan,Freezer,Range,Refrigerator,Washer
- Laundry features: Main Level,Dryer Hook-Ups,Washer Hookup
Basement
- Basement: N/A
Bathroom
- Level: Main
Bathroom
- Level: Main
Bathroom
- Level: Main
Bedroom
- Level: Main
- Area: 132
- Dimensions: 11 x 12
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bedrooms: 1
Features
- Ceiling Fan(s),Eat In Kitchen,Vaulted Ceilings,Walk-In Closet(s)
- Window features: Energy Windows
- Finished area below ground: 0
- Finished area above ground: 1,050
Heating
- Heating features: Boiler,In Floor Heat,Propane
Interior Area
- Total interior livable area: 1,050 sqft
Kitchen
- Level: Main
- Area: 98
- Dimensions: 7 x 14
Laundry
- Level: Main
- Area: 35
- Dimensions: 5 x 7
Living Room
- Level: Main
- Area: 280
- Dimensions: 14 x 20
Master Bedroom
- Level: Main
- Area: 156
- Dimensions: 12 x 13
Property
Details
- Parcel number: 803120160
- Other equipment: Air to Air Exchange,Fuel Tank-Rented
- Foundation area: 1050
Features
- Patio & porch: Patio
Lot
- Lot size: 4,791 sqft
- Lot size dimensions: 100 x 50
Parking
- Parking features: Off Street,Gravel,None
- Has uncovered spaces: 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
- Lightning
- Winter Weather
- Strong Wind
- Wildfire
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Cook County and Minnesota
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,472 | $29,664 |
| Home Insurance * | $225 | $2,700 |
| Property Taxes | $305 | $3,660 |
| Electricity | $170 | $2,050 |
| Total | $3,172 | $38,064 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-09 | Listed for sale | $489,000 |
View on Zillow