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$1,400,000
/mo Edit
Lot/Land:  Lot/Land
130 acres
Cook County schools
MLS# 6631595
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    Property Description

    A stunning 130-acre expanse of wooded paradise featuring an impressive 3, 938 feet of pristine lakeshore along the crystal-clear waters of Loon Lake. This unique property boasts mixed zoning, including LSR (Lakeshore Residential, 1-acre minimum) and FAR-3 (Forest/Agriculture Residential District, 5-acre minimum), offering incredible versatility. With exceptional development potential, the land could accommodate approximately 15 one-acre lakeshore lots and 10–15 five-acre inland lots. Future access is conveniently planned via the scenic and well-maintained Gunflint Trail. For more information, please refer to the detailed supplements.

    Listing

    Contingency: None
    City: Grand Marais
    County: Cook
    State: MN
    Property Style: Lot/Land
    Zip Code: 55604

    Exterior

    Road Responsibility: Public Maintained Road
    Road Frontage:
    • County Road
    • State Road

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Loon
    DNR Lake ID#: 16044800
    WF Frontage: 3938
    Waterfront Slope: Steep
    Lake Chain Name: N
    Lake Acres: 1095
    Lake Depth: 202
    Waterfront: Lake Front

    Lot & Land

    Acres: 130
    Geolocation: 48.0378260543, -90.4446204028
    Inclusions: Survey, Topographic Map
    Lot Dimensions: 3022 x 2257 x 3938 x 1390
    Minimum Lot Size: 1 Acre
    Wooded Acres: 130
    Restrictions:
    • Easements-Road/Right of Way
    • Easements-Utility
    Zoning:
    • Forestry
    • Residential-Single Family
    Lot Description:
    • Accessible Shoreline
    • Tree Coverage - Heavy

    Farm

    Topography: Hilly, Ravine, Wooded

    Schools

    School District: 166
    District Phone: 218-387-2271

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $7,492
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,492
    Association Fee Required: No

    Miscellaneous

    Development Status: Raw Land
    Improvements: Paved Streets
    Available Utilities:
    • Electricity Available
    • None Available
    • None Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Keller Williams Premier Realty Lake Minnetonka.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.