Set on 5.5 level acres with 700 feet of private shoreline, this Island Lake estate offers the perfect combination of privacy, recreation, and income potential. While the original structure was built in 1910, this home has been thoughtfully expanded over the years, offering a spacious living area and large renovated kitchen making it perfect for entertaining. Natural light floods the open living areas drawing your attention to the panoramic lake views. Imagine boating over to the restaurant on the lake for a meal with friends, or enjoying the peaceful solitude of your private sandy beach. Spend your days swimming, kayaking, or fishing in this abundant lake known for its diverse variety of fish. A boathouse down by the shore provides the perfect spot to clean your catch and store your gear.
The property’s cement-floor pole barn is a perfect addition for those who enjoy boating, snowmobiling, or ATV riding. There’s plenty of space for storing all your equipment, and the RV hookup, and hot tub wiring make hosting family and friends a breeze. For outdoor enthusiasts, with direct access to 400+ miles of groomed ATV and snowmobile trails and with public hunting land, golf courses and Itasca State Park just minutes away, this property offers year-round adventures.
This estate offers amazing income potential through short-term rentals. With the area being home to highly sought-after VRBOs that are often booked many months in advance, you can earn income while still enjoying the lifestyle of your dreams.
Island Lake offers a rare opportunity to own a home that blends history, modern convenience, and natural beauty. This is more than just a property; it's a lifestyle.
Don’t let this chance slip away. Call today to schedule your private tour.
Closed
$775,000
27303 Island Trl, Park Rapids, MN 56470
3beds
2,138sqft
Single Family
Built in 2000
5.53 Acres Lot
$791,700 Zestimate®
$362/sqft
$1,811 Estimated rent
Home value
$791,700
Estimated sales range
Not available
$1,811/mo
Zestimate® history
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$4,749/mo
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Zillow last checked:
Listing updated:
Listed by:
Victoria Litteral 612-816-5045,
Your Home Sold Guaranteed Realty Exclusive
Bought with:
Thomas M Peterson
Coldwell Banker Crown Realtors
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6682375
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Main
- Area: 293.49 Square Feet
- Dimensions: 18'10x15'7
Bedroom 2
- Level: Upper
- Area: 156.79 Square Feet
- Dimensions: 13'3x11'10
Bedroom 3
- Level: Upper
- Area: 157.5 Square Feet
- Dimensions: 14x11'3
Primary bathroom
- Area: 99.75 Square Feet
- Dimensions: 6'4x15'9
Bathroom
- Level: Main
- Area: 99.75 Square Feet
- Dimensions: 9'x11'1
Bonus room
- Level: Lower
- Area: 365.77 Square Feet
- Dimensions: 24'3x15'1
Dining room
- Level: Main
- Area: 212.23 Square Feet
- Dimensions: 13'11x15'3
Kitchen
- Level: Main
- Area: 324 Square Feet
- Dimensions: 27'x12'
Living room
- Level: Main
- Area: 272 Square Feet
- Dimensions: 16'x17'
Office
- Level: Main
- Area: 132.88 Square Feet
- Dimensions: 7'5x17'11
Storage
- Level: Lower
- Area: 437.78 Square Feet
- Dimensions: 16'5x26'8
Walk in closet
- Level: Main
- Area: 67.5 Square Feet
- Dimensions: 7'6x9
Heating
- Forced Air, Fireplace(s)
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
- Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
Features
- Basement: Block,Crawl Space,Daylight,Egress Window(s),Full,Concrete,Partially Finished,Storage/Locker,Storage Space
- Number of fireplaces: 1
- Fireplace features: Family Room, Free Standing, Gas
Interior area
- Total structure area: 2,741
- Total interior livable area: 2,138 sqft
- Finished area above ground: 1,926
- Finished area below ground: 212
Property
Parking
- Total spaces: 11
- Parking features: Carport, Covered, Detached Garage, Gravel, Asphalt, Electric, Floor Drain, Garage Door Opener, Guest, Insulated Garage, Multiple Garages, Paved Lot, RV Access/Parking, Secured, Storage
- Garage spaces: 9
- Carport spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (26x40), Garage Door Height (7), Garage Door Width (9)
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Deck, Front Porch, Patio, Porch, Rear Porch
- Has view: Yes
- View description: Bay, East, Lake, Panoramic
- Has water view: Yes
- Water view: Bay,Lake
- Waterfront features: Dock, Lake Front, Lake View, Waterfront Elevation(0-4), Lake Bottom(Hard, Reeds, Sand, Excellent Sand)
- Frontage length: Water Frontage: 700
Lot
- Size: 5.53 Acres
- Features: Accessible Shoreline, Tree Coverage - Medium
- Topography: Level
Details
- Additional structures: Garage(s), Boat House, Shed(s), Pole Building, Workshop, Storage Shed
- Foundation area: 1565
- Parcel number: 020301700
- Zoning description: Shoreline,Residential-Single Family
- Other equipment: Fuel Tank - Owned
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Block, Concrete, Frame
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 2000
Utilities & green energy
- Electric: Circuit Breakers, Service - 60 Amp, 100 Amp Service, Power Company: Itasca Mantrap Co-op
- Gas: Propane
- Sewer: Private Sewer, Tank with Drainage Field
- Water: Drilled, Private, Well
Community & HOA
Community
- Security: Secured Garage/Parking
HOA
- Has HOA: No
Location
- Region: Park Rapids
Financial & listing details
- Price per square foot: $362/sqft
- Tax assessed value: $646,400
- Annual tax amount: $4,398
- Date on market: 2/17/2026
- Cumulative days on market: 367 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2025 | Sold | $775,000-1.9%$362/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6682375 Report a problem | ||
| 5/28/2025 | Contingent | $790,000$370/sqft |
Source: My State MLS #11458000 Report a problem | ||
| 5/28/2025 | Pending sale | $790,000$370/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6682375 Report a problem | ||
| 5/13/2025 | Price change | $790,000-1.3%$370/sqft |
Source: My State MLS #11458000 Report a problem | ||
| 4/5/2025 | Listed for sale | $800,000-3.6%$374/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6682375 Report a problem | ||
| 10/26/2024 | Listing removed | $830,000$388/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6477376 Report a problem | ||
| 10/25/2024 | Price change | $830,000-2.3%$388/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6477376 Report a problem | ||
| 8/20/2024 | Price change | $849,900-2.9%$398/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6477376 Report a problem | ||
| 6/20/2024 | Price change | $874,900-2.8%$409/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6477376 Report a problem | ||
| 1/18/2024 | Listed for sale | $899,900$421/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6477376 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,848 +39.7% | $646,400 -8.2% |
| 2023 | $3,470 -6.8% | $703,900 +41.9% |
| 2022 | $3,724 +1.6% | $496,000 +19.2% |
| 2021 | $3,664 +8% | $416,200 +12.8% |
| 2020 | $3,392 | $369,100 |
| 2019 | $3,392 | $369,100 +1.8% |
| 2018 | $3,392 +0.8% | $362,700 +2.8% |
| 2016 | $3,364 +18.2% | $352,700 +5.7% |
| 2015 | $2,846 +12% | $333,600 +11.1% |
| 2014 | $2,540 -17.3% | $300,300 -26.4% |
| 2011 | $3,072 +7.2% | $408,200 +4.2% |
| 2010 | $2,866 | $391,900 |
Find assessor info on the county website
Neighborhood: 56470
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Nearby schools
GreatSchools rating
- 7/10Park Rapids Area Century Elementary SchoolGrades: PK-6Distance: 9.1 mi
- 3/10Park Rapids Area Century Middle SchoolGrades: 7-8Distance: 9.1 mi
- 5/10Park Rapids Senior High SchoolGrades: 9-12Distance: 9.3 mi
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- Minnesota
- Hubbard County
- Park Rapids
- 56470
- 27303 Island Trl
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