4 months on rocket

185 Sag Lake Trl, Grand Marais, MN, 55604

$1,500,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
1 Full Bath
2,928 SqFt
$512/SqFt
House

Location

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185 Sag Lake Trl, Grand Marais$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

ParkingAttached, Detached
Attached Garage5 spaces
Year Built2009
HeatingSteam, Forced Air, Radiant Floor
CoolingCeiling Fan(s)
WaterfrontLake
FireplaceWood Burning
ViewRiver
MLS #6114568
Lot Size4.95 Acres
StatusActive
(ACTIVE)

About 185 Sag Lake Trl

Discover this exceptional four-bedroom, three-bath home that is nestled along the scenic Gull Lake, with 467 ft of frontage and approximately 5 acres of land, complete with rock outcroppings, pine trees, stunning views, and plenty of privacy. Ideal for the buyer wanting to enjoy paddling from their dock into the BWCAW or the just wanting to take advantage of the allure of catching trophy walleye upstream, which is where the MN State Record Walleye was caught. Inside, the kitchen boasts elegant granite countertops, custom cabinets, a distinctive tile backsplash, wine rack, cooler, and breakfast bar seating. The generous dining area and expansive living room featuring maple flooring, a wood-burning fireplace, stunning water views and patio doors that open onto a sunny deck. The main floor master suite includes a walk-in closet and a private bathroom with a luxurious, handicap-accessible shower. The guest bedroom has unbelievable views plus there is a full bathroom, complete with a copper sink basin and tiled tub/shower. The main floor also hosts convenient amenities such as a laundry room, walk-in pantry, and a welcoming foyer adorned with stone tile. Upstairs there are two more inviting bedrooms, which share a bathroom, and there is a sunlit multi-use room that offers versatility as an office, studio, or media room, complemented by an expansive storeroom/closet. This meticulously maintained property features a back-up generator system, attached heated garage, HUGE spacious heated garage, and workshop (including lots of storage & a golf net), along with two charming rustic sleeping cabins. Whether you are desiring a primary home or a 2nd home, you will appreciate the comfort, functionality, and natural beauty, this home, providing an opportunity to embrace end-of-the-trail lakeside living at its finest.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2009
  • Stories: 2
  • Living Area: 2,928 SqFt

Listing Office:

  • Office Name: Coldwell Banker North Shore
  • Listing Agent: Virginia Detrick Palmer

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Dryer, Range Hood, Freezer, Refrigerator, Oven, Washer
  • Interior: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Walk-In Closet, Foyer Entry, Patio Door, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Lake
  • View: River
  • Exterior: Deck, Dock, Gutter/Downspout

Parking Information:

  • Garage Space: 5 spaces
  • Attached Garage: Yes
  • Parking: Attached, Detached

Virtual/3D Tour

  • 3D Tour: 185 Sag Lake Trl
3D Tour

Lot Features

Lot Information:

  • Lot: Accessible Shoreline, Irregular Lot, Some Trees, Underground Utilities, Rolling/Hilly
  • Lot Size: 4.95 Acres

Utilities

Utilities Information:

  • Heating: Steam, Forced Air, Radiant Floor
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Cook County Senior High School, Public District Grades 9-12
  • Cook County Middle School, Public District Grades 6-8
  • Sawtooth Mountain Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Grand Marais follow the Gunflint Trail about 55 miles and turn right on Sag Lake Trail. The property is approx. 1 mile on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $512/SqFt

Tax Information:

  • Annual Amount: $4,224
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Grand Marais, MN.

Med. Sold Price

$475K

Med. Price/SqFt

$392

Avg. Days On Market

28

# of Sold Homes

9

185 Sag Lake Trl vs Grand Marais

130 DAYS ON ROCKET

+102 Days

$1,500,000

+$1.0M More

$512/SqFt

+$119 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $119/SqFt more than other homes in Grand Marais, MN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #6114568

Listing Office:

  • Office Name: Coldwell Banker North Shore
  • Listing Agent: Virginia Detrick Palmer

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2024 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 9:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,224$514,400
2019$4,198$507,500
2018$4,428$511,100
2017$3,826$480,900

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2002260
6
/10
  • Sawtooth Mountain Elementary School

  • 101 W 5th St

  • 38.48 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2002261
5
/10
  • Cook County Middle School

  • 101 W 5th St

  • 38.48 miles

  • Public District Grades 6-8

High School

school-card-donut-2002262
5
/10
  • Cook County Senior High School

  • 101 W 5th St

  • 38.46 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,599. Typical income of Grand Marais, MN residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 185 Sag Lake Trl

What is the listing price of this property?

The listing price of 185 Sag Lake Trl property is $1,500,000.

What type of property is this?

The property 185 Sag Lake Trl is a house located in Grand Marais, Minnesota, 55604.

Is this property for sale now?

Active Listing: 185 Sag Lake Trl is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 185 Sag Lake Trl are:
Sawtooth Mountain Elementary School: GreatSchools Rating 6/10
Cook County Middle School: GreatSchools Rating 5/10
Cook County Senior High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,224 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 185 Sag Lake Trl has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 185 Sag Lake Trl is 2,928 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 185 Sag Lake Trl is 2009.

Rocket HomesMinnesotaCook CountyGrand Marais55604185 Sag Lake Trl

This home is located at 185 Sag Lake Trl in Grand Marais, MN and zip code 55604. This 2,928 square foot home, which was built in 2009, sits on a 4.95 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 27, 2024 and is currently priced at $1,500,000.

While more than 3 listings in Grand Marais, MN in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 3 were sold below. In October 2024 in Grand Marais, MN there were 2.9% more homes for sale than in September 2024. Listings spent 28 days on the market in October 2024, and had a median list price of $475,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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