Sold for $949,000

$949,000

1470 Hwy 61 E, Grand Marais, MN 55604

4beds

2,776sqft

Single Family Residence

Built in 1976

3.14 Acres Lot

$949,100 Zestimate^®

$342/sqft

$3,361 Estimated rent

Home value

$949,100

Estimated sales range

Not available

$3,361/mo

Zestimate^® history

Owner options

List your home for rent

$3,361/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$3,361/mo

Rent Zestimate^®

Refinance and save

$5,782/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$5,782/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Four-bedroom three-bath home

Priced $150,000 under assessed value! Amazing Lake Superior lakeshore with beachfront that is second to none on the North Shore. This four-bedroom three-bath home is only a stones throw from Grand Marais. There is a huge 72 x 36 detached garage with room for four cars and toys, as well as a large 35 x 30 space for a workshop, gym, hobby, you name it. The home is currently in the vacation rental market, and can help offset expenses. Schedule your private showing today.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
3/4 bathrooms: 2
1/2 bathrooms: 1

Rooms

Room types: Den/Office, Pantry, Utility Room

Primary bedroom

Level: Upper
Area: 192 Square Feet
Dimensions: 12 x 16

Bedroom

Level: Upper
Area: 168 Square Feet
Dimensions: 12 x 14

Bedroom

Level: Lower
Area: 110 Square Feet
Dimensions: 10 x 11

Bedroom

Level: Lower
Area: 100 Square Feet
Dimensions: 10 x 10

Dining room

Level: Main
Area: 143 Square Feet
Dimensions: 11 x 13

Kitchen

Level: Main
Area: 154 Square Feet
Dimensions: 11 x 14

Living room

Level: Main
Area: 312 Square Feet
Dimensions: 13 x 24

Rec room

Level: Lower
Area: 286 Square Feet
Dimensions: 13 x 22

Heating

Baseboard, Boiler, Fireplace(s), Wood, Propane, Electric

Appliances

Included: Cooktop, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Laundry: Dryer Hook-Ups, Washer Hookup

Features

Ceiling Fan(s), Eat In Kitchen, Kitchen Island, Natural Woodwork, Vaulted Ceilings, Walk-In Closet(s), Foyer-Entrance
Flooring: Tiled Floors
Doors: Patio Door
Windows: Skylight(s), Wood Frames
Basement: Full,Egress Windows,Finished,Walkout,Bedrooms,Family/Rec Room,Fireplace,Utility Room,Washer Hook-Ups,Dryer Hook-Ups
Number of fireplaces: 2
Fireplace features: Gas, Basement

Interior area

Total interior livable area: 2,776 sqft
Finished area above ground: 1,668
Finished area below ground: 1,108

Property

Parking

Total spaces: 4
Parking features: Asphalt, Gravel, Detached, Electrical Service, Heat, Insulation, Slab
Garage spaces: 4

Features

Patio & porch: Deck
Has view: Yes
View description: Lake Superior
Has water view: Yes
Water view: Lake Superior
Waterfront features: Lake Superior, Waterfront Access(Private), Shoreline Characteristics(Gravel, Sand, Shore-Accessible, Elevation-Low, Shore-Beach)
Body of water: Lake Superior
Frontage length: 202

Lot

Size: 3.14 Acres
Dimensions: 3.14 acres
Features: Accessible Shoreline, Low, Tree Coverage - Medium, High, Level

Details

Additional structures: Sauna
Foundation area: 1344
Parcel number: 531221215

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary
Property subtype: Single Family Residence

Materials

Wood, Concrete Block, Frame/Wood
Foundation: Concrete Perimeter
Roof: Asphalt Shingle

Condition

Previously Owned
Year built: 1976

Utilities & green energy

Electric: Grand Marais PUC
Sewer: Holding Tank, Mound Septic
Water: Private, Drilled
Utilities for property: Fiber Optic

Community & HOA

HOA

Has HOA: No

Location

Region: Grand Marais

Financial & listing details

Price per square foot: $342/sqft
Tax assessed value: $1,102,200
Annual tax amount: $7,758
Date on market: 10/29/2025
Cumulative days on market: 217 days
Listing terms: Cash,Conventional

Price history

Date	Event	Price
7/1/2026	Sold	$949,000$342/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6122696 Report a problem
6/2/2026	Pending sale	$949,000$342/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6122696 Report a problem
5/7/2026	Price change	$949,000-14.5%$342/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6122696 Report a problem
1/22/2026	Price change	$1,110,500-7.1%$400/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6122696 Report a problem
10/31/2025	Listed for sale	$1,195,000+171.6%$430/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6122696 Report a problem
3/1/2013	Sold	$440,000$159/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #1986624 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,758 +34.3%	$1,102,200 +12.6%
2024	$5,776 +33.9%	$979,000 +11.3%
2023	$4,314 -0.8%	$880,000 +32.6%
2022	$4,348 +1.8%	$663,400 +25%
2021	$4,270 -0.9%	$530,900 +1.4%
2020	$4,310 -5%	$523,700 -0.2%
2018	$4,538 +16.5%	$524,800 -0.7%
2017	$3,894 +19.9%	$528,300 -0.5%
2016	$3,248 +9.7%	$531,200 -2.2%
2015	$2,962 +7.9%	$543,200 +2.7%
2014	$2,746	$528,900 -17%
2012	--	$637,400 -12%
2010	$3,796	$724,700