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For sale
  • $1,490,000

    48 Wolf Point Tr, Grand Marais, MN 55604

    3beds
    3,100sqft
    : 
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    Single Family Residence
    Built in 2017
    5.6 Acres Lot
    $-- Zestimate®
    $481/sqft
    $63/mo HOA

    What's special

    Neat floating dock systemWraparound covered porchCommodious pantryBombproof icf foundationCathedral log beam ceilingWildfire sprinkler systemCute dormer office space
    Awesome Gunflint Tr home on wild and scenic Little Iron Lake. 2017 built home: 3 bathrooms, 3 bedrooms, 3 stall garage, sprawling deck, wraparound covered porch and a spacious screen porch with stone fireplace! 3100 sq ft. Serenity is central to this property in the quiet Northwoods with 1300+ ft of frontage and 5.6 acres - plenty of elbow room! Little Iron is surrounded by public land. Only six private properties abut the lake and two are water access only – very quiet here. Little Iron meanders about into bays, channels, open lake and connects to Iron Lake. Also, easy access to Tucker Lake, a portion of which is in the BWCA. A day of boating from your private dock to the east end of Iron to the west end of Tucker covers miles of Boreal Forest delight and solitude. The home is an energy efficient hybrid of log and stick frame construction providing great thermal mass, charm and warmth of logs and no concerns about settling as occurs in traditional log homes. All sits on a bombproof ICF foundation. Infloor heat off-peak boiler is easy on the pocketbook. Inside, the home is natural elegance: log posts and beams soar and support, stone tiles combine in the flooring and baths, two large field-stone fireplaces anchor the home. A crackling fire in the porch fireplace in early spring, cool fall, or chilly summer nights is a dream come true - you will live out there! It’s the place to get to know your neighbors: moose, marten, fox, warblers, loon calls reverberating off the walls. Interior finishes were chosen with beauty and durability in mind: Hickory kitchen cabinets, Australian Cypress flooring, Cambria countertops in baths and kitchen. The main entry is welcoming, and guests are immediately drawn to the wall of glass in the living room overlooking the lake. Cathedral log beam ceiling in this space elevates the mind. A tasteful, practical entry is the back mudroom combined with laundry – spacious and complete with stone tiled pet cleaning station! All has been well planned here, dear reader, just needs you! And anything you want to do in the kitchen will be handled easily: loads of cabinet space, top notch appliances, commodious pantry. Primary bedroom with ensuite bath and ample walk-in closet overlooks woods and water. Upstairs are two large private bedrooms. A cathedral, lofted area plays as a living room with a cute dormer office space. 36x34 garage houses it all, handy woodshed for firewood, neat floating dock system, wildfire sprinkler system.
    30 days
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    2,266
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    126
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    Zillow last checked:

    Listing updated:

    Listed by:

    John Oberholtzer 218-370-0236,

    TimberWolff Realty LLC

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6125852MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bedrooms: 1
      Rooms
      • Room types: Pantry, Utility Room, Entry
      Primary bedroom
      • Description: Peaceful oasis. Ensuite bathroom with stone tiled floor and shower and cambria countertops. Spacious walkin closet Great views to forest and lake.
      • Level: Main
      Bedroom
      • Description: Spacious and quiet bedroom. Dormers on each side add nice lines and light. Great views to lake and boreal woods.
      • Level: Second
      • Area: 325 Square Feet
      • Dimensions: 13 x 25
      Bedroom
      • Description: So much good room in this home. Make this the overflow/guest bedroom or spacious office. Terrific views and lines.
      • Level: Second
      • Area: 377 Square Feet
      • Dimensions: 13 x 29
      Deck
      • Description: Wraparound, sprawling deck. Access to 3-season porch. Open, invigorating - gather, BBQ, talk, enjoy!
      • Level: Main
      Dining room
      • Description: Light filled, attached to kitchen and easy access to 3-season porch. Great views.
      • Level: Main
      • Area: 126 Square Feet
      • Dimensions: 9 x 14
      Kitchen
      • Description: Class Act! Stone tiled floor. Cambria countertops. Custom cabinets, some with glass fronts. Spacious Pantry.
      • Level: Main
      • Area: 140 Square Feet
      • Dimensions: 14 x 10
      Living room
      • Description: Stunning Room! Cathedral, log beamed ceiling. Wall of glass views to lake. Awesome fireplace.
      • Level: Main
      • Area: 504 Square Feet
      • Dimensions: 21 x 24
      Loft
      • Description: Open, spacious, lofted space overlooking it all. Plays like a family room, with great office nook in a dormer. 3/4 bath off the dormer.
      • Level: Second
      • Area: 420 Square Feet
      • Dimensions: 20 x 21
      Mud room
      • Description: Tasteful back entry with stone tiled pet cleaning station and laundry.
      • Level: Main
      • Area: 112 Square Feet
      • Dimensions: 8 x 14
      Porch
      • Description: Covered Porch area surrounds much of the home. Very civilized feel with massive log posts.
      • Level: Main
      Other
      • Description: You will live here! Incredible screened porch, stone fireplace, cathedral log ceiling. Wildlife observations galore!
      • Level: Main
      • Area: 323 Square Feet
      • Dimensions: 19 x 17
      Utility room
      • Description: Spacious area for utilities, full height. Then, rest of basement area is shorter, but accessible, dry and great storage.
      • Level: Lower
      Heating
      • Boiler, Dual Fuel/Off Peak, Fireplace(s), In Floor Heat, Wood, Electric
      Appliances
      • Included: Water Filtration System, Water Heater-Electric, Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
      • Laundry: Main Level, Dryer Hook-Ups, Washer Hookup
      Features
      • Ceiling Fan(s), Natural Woodwork, Vaulted Ceilings, Walk-In Closet(s), Beamed Ceilings
      • Flooring: Hardwood Floors, Tiled Floors
      • Basement: Full,Utility Room
      • Number of fireplaces: 2
      • Fireplace features: Wood Burning
      Interior area
      • Total interior livable area: 3,100 sqft
      • Finished area above ground: 3,100
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 3
      • Parking features: Gravel, Detached, Multiple, Attic
      • Garage spaces: 3
      Features
      • Patio & porch: Deck
      • Exterior features: Dock
      • Has view: Yes
      • View description: Inland Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Hard, Rocky, Shore-Accessible)
      • Body of water: Little Iron
      • Frontage length: 1300
      Lot
      • Size: 5.6 Acres
      • Features: Accessible Shoreline
      Details
      • Additional structures: Storage Shed
      • Parcel number: 504012200
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Wood, Frame/Wood, Log Home
      • Foundation: Insulated Form
      • Roof: Asphalt Shingle
      Condition
      • Previously Owned
      • Year built: 2017

      Utilities & green energy

      • Electric: Arrowhead Electric
      • Sewer: Private Sewer, Mound Septic
      • Water: Drilled
      • Utilities for property: Fiber Optic

      Community & HOA

      HOA
      • Has HOA: Yes
      • Services included: Other
      • HOA fee: $750 annually
      Location
      • Region: Grand Marais

      Financial & listing details

      • Price per square foot: $481/sqft
      • Tax assessed value: $1,417,200
      • Annual tax amount: $10,194
      • Date on market: 6/5/2026
      • Cumulative days on market: 30 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/5/2026Listed for sale$1,490,000$481/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6125852 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,180 +11.3%$1,417,200 +8.3%
        2024$8,248 +11.1%$1,308,100 +10.2%
        2023$7,426 +27.2%$1,186,700 +14.7%
        2022$5,838 +5.6%$1,034,700 +55.8%
        2021$5,528 +0.3%$664,300 +4.4%
        2020$5,512 -5.1%$636,600 +0.3%
        2018$5,806 +427.8%$634,600 +88.7%
        2017$1,100 +12.2%$336,300 +99.3%
        2016$980 +8.2%$168,700
        2015$906 $168,700

        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 55604

        Getting around

        0 / 100
        Car-Dependent
        13 / 100
        Somewhat Bikeable

        Nearby schools

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