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2448 E Cabin Circle Road, Makinen, MN, 55763

0beds
0baths
240sqft
$325,000
$1,354price/sqft
$2,246/moest. monthly cost
$89,840/yrincome needed

About This Home

Once in a generation, a property like this becomes available. Seller owned 1.2 acres parcel on Whiteface Reservoir, offered publicly for the very first time, a beloved piece of Northern Minnesota's past now ready for a new door to be opened. Sweeping water views in nearly every direction and unspoiled land invite you to dream big, a family compound, or a premier investment property. The groundwork is done. A drilled well and power are already in place, a Custom made Finnish Sauna including a change room with an electric sauna stove with shower & hot water heater. Vision is yours. Whiteface Reservoir-clean water, incredible fishing, and the kind of quiet that's getting harder to find. Check this gorgeous gradual lot leading to the lakeshore, this much history, and this much potential simply do not come available. Ever! Call for a tour!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

5/10
5/10
Mesabi East SecondaryGrades 7-1216.9 mi

Construction

Condition

  • Property condition: Previously Owned
  • Year built: 1960

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Wood,Frame/Wood

Type & Style

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

Interior

Appliances

  • Appliances included: Microwave,Range,Refrigerator

Bedrooms & Bathrooms

  • Main level bedrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 240

Heating

  • Heating features: Wall Unit(s)

Interior Area

  • Total interior livable area: 240 sqft

Living Room

  • Level: Main

Property

Details

  • Parcel number: 300040000880
  • Foundation area: 240

Features

  • On waterfront: Yes
  • Waterfront features: Inland Lake,Waterfront Access(Private)
  • Waterbody name: Whiteface Reservoir
  • Frontage length: 106

Lot

  • Lot size: 1.20 Acres
  • Lot size dimensions: 308 x 106

Parking

  • Parking features: None

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
  • Winter Weather
    Winter WeatherVery High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Winter Weather
Heat Wave
Inland Flooding
Lightning

FEMA Declared Disasters in St. Louis County and Minnesota

Fire
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 $1,643$19,716
Home Insurance *$131$1,572
Property Taxes $302$3,624
Electricity $170$2,050
Total$2,246$26,952
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$77,005/yr
40% on housing$67,380/yr
45% on housing$59,893/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: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 2.8%
2.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,354This listing

vs Other Active Listings

Avg $/sqft

ZIP 55763$216
St. Louis County$177

vs Homes Sold Last Month

Median $/sqft

ZIP 55763
St. Louis County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-17Price change$299,900
2026-07-20Listed for sale$325,000
2001-02-02Sold$10,500

For Sale by Agent

AgentNorma Jean Jofs
BrokerageNext Door Realty

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