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  • $162,000

    12240 Island Lake Dr, Park Rapids, MN 56470

    --beds
    --baths
    15.56Acres
    Unimproved Land
    Built in ----
    15.56 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,251 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,251/mo

    Zestimate® history
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    What's special

    Mature treesRolling terrain
    Escape to the heart of Park Rapids Lake Country with this beautiful 15-acre property offering rolling terrain, mature trees, privacy, and an excellent location. Ready to enjoy this summer, the property includes a 24x24 heated and insulated garage, a 12x20 storage shed, and a destination trailer—all included in the sale. A drilled well and septic holding tank are already in place, making this an ideal setup for weekend getaways or future building plans. Enjoy endless outdoor recreation with many area lakes, thousands of acres of public land, and snowmobile and side-by-side trails just minutes away. Follow the mowed trails throughout the property, hunt right out your back door, and take advantage of nearby restaurants and conveniences located only 2 miles away. If you’re looking for privacy, nature, and the perfect Up North retreat, this property is a must-see.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joseph Erickson 218-255-4542,

    Wolff & Simon Real Estate

    Bought with:

    Karee Lynn Blakeway

    Vision Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7074982MLS Logo

    Facts & features

    Interior

    Features
    • Has basement: No

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Lot
    • Size: 15.56 Acres
    • Dimensions: 1182 x 658 x 1256 x 540
    • Features: Irregular Lot, Tree Coverage - Medium
    • Topography: Rolling
    Details
    • Additional structures: Garage(s), Storage Shed
    • Parcel number: 020401400
    • Zoning description: Residential-Single Family

    Utilities & green energy

    • Electric: Power Company: Itasca Mantrap Co-op
    • Utilities for property: Cable Connected, Electricity Connected, Propane Available, Private Septic Connected, Private Well Connected

    Community & HOA

    Community
    • Features: No
    HOA
    • Has HOA: No
    Location
    • Region: Park Rapids

    Financial & listing details

    • Tax assessed value: $80,300
    • Annual tax amount: $498
    • Date on market: 5/15/2026
    • Inclusions: None
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/26/2026Sold$162,000-19%
    Source: NorthstarMLS as distributed by MLS GRID #7074982 Report a problem
    6/9/2026Pending sale$199,900
    Source: NorthstarMLS as distributed by MLS GRID #7074982 Report a problem
    5/15/2026Listed for sale$199,900
    Source: NorthstarMLS as distributed by MLS GRID #7074982 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$442 +2.8%$80,300 +11.2%
    2023$430 -15%$72,200 +12.6%
    2022$506 +6.3%$64,100 +6.8%
    2021$476 +18.4%$60,000 +23.2%
    2020$402 $48,700
    2019$402 +3.1%$48,700 +5.6%
    2018$390 +1.6%$46,100 +3.8%
    2016$384 +20%$44,400 +12.7%
    2015$320 -0.1%$39,400 -1.5%
    2014$320 0%$40,000 -8.7%
    2011$320 -21.1%$43,800 -10.2%
    2010$406 $48,800
    Find assessor info on the county website

    Neighborhood: 56470

    Nearby schools

    GreatSchools rating