Welcome to Grave Lake! This 2.5-acre property is a true diamond in the rough—bring your vision and a little elbow grease, and you’ll unlock incredible potential. The year-round 1 bed, 1 bath cabin is a converted garage with soaring vaulted ceilings in the massive living room, plus a separate mudroom, cozy kitchen with lake views, and even a sauna. Outside, the level yard provides beautiful lake views and great southern exposure. The lot also features an oversized heated and insulated garage with a finished rear room perfect for hobbies, band practice, or overflow guests. Down by the water’s edge, you’ll find your own private beach with firm shoreline and a charming lakeside bunkhouse soaking in the southern sunshine. Grave Lake offers excellent fishing—panfish, bass, northern, and walleye—and the views stretch across the untouched wilderness of the Suomi Hills, thousands of acres of public land with endless trails and pristine lakes to explore.
Closed
$295,000
38531 Grave Lake Rd, Deer River, MN 56636
1beds
1,520sqft
Single Family Residence
Built in 2002
2.55 Acres Lot
$300,000 Zestimate®
$194/sqft
$1,292 Estimated rent
Home value
$300,000
$201,000 - $447,000
$1,292/mo
Zestimate® history
Owner options
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$1,292/mo
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$1,292/mo
Rent Zestimate®
Refinance and save
$1,786/mo
Est. payment
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$1,786/mo
Est. payment
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List your homeWhat's special
Firm shorelineLevel yardCharming lakeside bunkhouseSouthern exposureSoaring vaulted ceilingsBeautiful lake viewsPrivate beach
Zillow last checked:
Listing updated:
Listed by:
Kaila Juntunen Wass 218-259-6421,
RE/MAX Advantage Plus,
Jillian Buck 218-671-3084
Bought with:
NON-RMLS
Non-MLS
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6777438
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bathroom
- Description: Main Floor Full Bath
Dining room
- Description: Eat In Kitchen,Living/Dining Room
Heating
- Radiant
Cooling
- None
Appliances
- Included: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry: In Kitchen, Laundry Closet
Features
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Free Standing, Gas, Primary Bedroom
Interior area
- Total structure area: 1,520
- Total interior livable area: 1,520 sqft
- Finished area above ground: 1,520
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Garage spaces: 2
- Details: Garage Dimensions (40x33)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Front Porch
- Has view: Yes
- View description: Panoramic, South
- Waterfront features: Lake Front, Waterfront Elevation(40+), Lake Bottom(Gravel, Hard, Sand)
- Frontage length: Water Frontage: 270
Lot
- Size: 2.55 Acres
- Dimensions: 270 x 550 x 212 x 400
- Features: Tree Coverage - Heavy
Details
- Additional structures: Garage(s), Bunk House, Storage Shed
- Foundation area: 1520
- Parcel number: 664100010
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Age Over 8 Years,Metal
Condition
- New construction: No
- Year built: 2002
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service, Power Company: Northern Itasca Electric
- Gas: Electric
- Sewer: Private Sewer
- Water: Drilled, Private, Well
Community & neighborhood
Location
- Region: Deer River
- Subdivision: Auditors Sub 61
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Road surface type: Unimproved
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Sold | $295,000-9.2%$194/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6777438 Report a problem | ||
| 10/21/2025 | Pending sale | $325,000$214/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6777438 Report a problem | ||
| 8/24/2025 | Listed for sale | $325,000$214/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6777438 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,009 +0.9% | $347,267 -5.7% |
| 2023 | $2,981 +8.8% | $368,131 |
| 2022 | $2,741 +5.1% | -- |
| 2021 | $2,609 -8.5% | -- |
| 2020 | $2,851 +2.3% | -- |
| 2019 | $2,787 +3.6% | -- |
| 2018 | $2,691 -5% | -- |
| 2017 | $2,832 +6.5% | -- |
| 2016 | $2,658 | -- |
| 2015 | $2,658 +10.2% | -- |
| 2014 | $2,412 | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 56636
Nearby schools
GreatSchools rating
- 6/10King Elementary SchoolGrades: PK-5Distance: 13.2 mi
- 4/10Deer River SecondaryGrades: 6-12Distance: 12.9 mi
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- Minnesota
- Itasca County
- Deer River
- 56636
- 38531 Grave Lake Rd
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