Sold for $262,000
$262,000
77 Magnetic Lake Rd, Grand Marais, MN 55604
--beds
--baths
5.7Acres
Unimproved Land
Built in ----
5.7 Acres Lot
$-- Zestimate®
$--/sqft
$1,311 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,311/mo
Zestimate® history
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What's special
Welcome to a breathtaking slice of the Gunflint Trail wilderness—5.7 wooded acres of lakefront property on the pristine waters of Magnetic Lake. Tucked among the pines, spruce, cedar, and birch, this property offers both privacy and promise—perfect for building your dream cabin, a lovely retreat, or an off-grid haven immersed in nature. With two distinct build sites, you can choose your ideal setting: The first clearing, located on higher ground, offers a sweeping vantage point overlooking Magnetic Lake.The second potential build site, nestled closer to the shoreline, gives you direct access to 300 feet of private lakeshore and the soothing sounds of the water. An intimate trail meanders through the forest down to the lakefront, where you'll find peaceful and serene views. Magnetic Lake, known for its exceptional fishing and connection to the Boundary Waters Canoe Area Wilderness, flows gently North into Saganaga Lake—offering endless paddling and exploration opportunities. Whether you envision a rustic getaway or a secluded seasonal home, this property blends convenience with unspoiled wilderness. Step onto the land and experience what makes the Gunflint Trail so special—clean air, still waters, towering trees, and the sense that you've finally arrived home.
Zillow last checked: 8 hours ago
Listing updated: October 22, 2025 at 06:02pm
Listed by:
Casey O'Brien 502-315-9248,
Red Pine Realty,
Jacob Patten 218-370-8278,
Red Pine Realty
Bought with:
Casey O'Brien, 40986195
Red Pine Realty
Source: Lake Superior Area Realtors,MLS#: 6121565
Facts & features
Property
Features
- Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Hard, Shore-Accessible, Elevation-Medium)
- Body of water: Magnetic
- Frontage length: 303
Lot
- Size: 5.70 Acres
- Dimensions: 831 x 295
Details
- Parcel number: 505192225
Community & neighborhood
Location
- Region: Grand Marais
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2025 | Sold | $262,000-8.1% |
Source: | ||
| 9/29/2025 | Pending sale | $285,000 |
Source: | ||
| 8/27/2025 | Listed for sale | $285,000+187.9% |
Source: | ||
| 9/14/2018 | Sold | $99,000 |
Source: | ||
| 9/11/2018 | Pending sale | $99,000 |
Source: Lutsen Real Estate Group #6077344 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,592 +9.8% | $234,400 +0.1% |
| 2024 | $1,450 +0.6% | $234,200 +8.1% |
| 2023 | $1,442 +11.8% | $216,600 +6.5% |
Find assessor info on the county website
Neighborhood: 55604
Nearby schools
GreatSchools rating
- 4/10Sawtooth Mountain Elementary SchoolGrades: PK-5Distance: 31.1 mi
- 4/10Cook County Middle SchoolGrades: 6-8Distance: 31.1 mi
- 7/10Cook County Senior High SchoolGrades: 9-12Distance: 31.1 mi