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38531 Grave Lake Rd, Deer River Twp, MN, 56636

$350,000

Home List Price

$4,156*

Closing Credit

2 Bedrooms
1 Full Bath
1,520 SqFt
$230/SqFt
House

Location

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38531 Grave Lake Rd, Deer River$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Gravel, Floor Drain, Finished Garage, Garage Door Opener, Open
Garage2 spaces
Year Built2002
HeatingRadiant
CoolingNone
WaterfrontLake Front
ViewLake, Panoramic, Other
MLS #6588564
StatusActive

About 38531 Grave Lake Rd

Welcome to Grave Lake! This 2.5 acre property includes a 2 bed 1 bath cabin, garage, lakeside bunkhouse, and so much more! The year-round cabin is a unique converted garage with a massive living room with vaulted ceilings at the heart of the open floor plan. There is a spacious mudroom, large bedroom with freestanding fireplace, second bedroom, and cozy kitchen with a lake view! The garage is fully finished, heated, and insulated with a finished room in the rear designed for optimal acoustics during band practice and extra guest space. Don't forget about the sauna! Drive or walk down to the lakeshore and find the darling guest cabin soaking in the southern exposure sunshine. Grave Lake is known for great pan fishing and also has bass, northern, and walleye. Your view from this property is mostly of the Suomi Hills, public non-motorized land spanning thousands of acres with hiking/skiing trails and pristine lakes to explore.

Property Details

Property Features

Property Information:

  • Year Built: 2002
  • Living Area: 1,520 SqFt

Listing Office:

  • Office Name: RE/MAX Advantage Plus

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Lake, Panoramic, Other

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Gravel, Floor Drain, Finished Garage, Garage Door Opener, Open

Lot Features

Lot Information:

  • Lot: Accessible Shoreline, Many Trees

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: None

Other

Directions Information:

  • Directions: From Grand Rapids, North on 38, Left on CR 48, Left on Grave Lake Rd, follow the road immediately right, then to the Left. Property is on the Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $230/SqFt
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Housing Market Comparison

See how this home compares to others in Deer River, MN.

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Deer River, MN

City

Med. Sold Price

$235K

Med. Price/SqFt

$185

Avg. Days On Market

68

# of Sold Homes

5

38531 Grave Lake Rd vs Deer River

132 DAYS ON ROCKET

+64 Days

$350,000

+$115K More

$230/SqFt

+$45 More

KEY TAKEAWAY

This property is $115K more than the Median Sold Price and $45/SqFt more than other homes in Deer River, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6588564

Listing Office:

  • Office Name: RE/MAX Advantage Plus

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Last updated on: 12/30/2024, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Nearby Schools

school-card-donut-2265364
5
/10

  • King Elementary School

  • 500 5th St SE

  • 13.14 miles

  • Public District Grades PK-5

school-card-donut-2265365
5
/10

  • Cohasset Elementary School

  • 450 Columbus Ave

  • 16.51 miles

  • Public District Grades KG-5

school-card-donut-2265366
6
/10

  • Bigfork Elementary School

  • 100 Huskie Blvd

  • 16.88 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,357. Typical income of Deer River, MN residents is between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 38531 Grave Lake Rd

What is the listing price of this property?

The listing price of 38531 Grave Lake Rd property is $350,000.

What type of property is this?

The property 38531 Grave Lake Rd is a house located in Deer River Twp, Minnesota, 56636.

Is this property for sale now?

Active Listing: 38531 Grave Lake Rd is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 38531 Grave Lake Rd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 38531 Grave Lake Rd is 1,520 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 38531 Grave Lake Rd is 2002.

Rocket Homes›Minnesota›Itasca County›Deer River›56636›38531 Grave Lake Rd

This home is located at 38531 Grave Lake Rd in Deer River Twp, MN and zip code 56636. This 1,520 square foot home was built in 2002. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $350,000.

In November 2024, from all listings sold in Deer River, MN there were more than 0 sold above asking price, over 5 sold below and more than 0 were sold right at the asked price. Between October 2024 and November 2024, Deer River, MN real estate market has seen decrease in the number of listings by 33.3%. In November 2024 median list price was $235,000 and the average listing age was 68 days.

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

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