Explore this practical 0.74-acre property, graced with approximately 200 feet of private O'Leary Lake shoreline. A 1-bed, 1-bath cabin, fitted with durable metal roof and siding, resides on the lot. A large deck provides outdoor space for relaxation. There is a compliant septic system, well, and electrical services, ensuring availability of essential utilities.
A descent to the lakeshore is made easy with steps, and storage needs are covered with a shed and boathouse on the premises. Situated opposite a public forest with abundant ATV trails, this property combines convenience and outdoor adventure. Whether you wish to refurbish the cabin or build anew, this as-is property is a unique investment prospect being sold under appraised value. Interior photos coming this weekend!
Closed
$89,000
48198 State Highway 65, Nashwauk, MN 55769
1beds
0baths
417sqft
Single Family Residence
Built in 1975
0.74 Acres Lot
$115,800 Zestimate®
$213/sqft
$1,011 Estimated rent
Home value
$115,800
$101,000 - $133,000
$1,011/mo
Zestimate® history
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$441/mo
Est. payment
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$441/mo
Est. payment
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List your homeWhat's special
Electrical servicesOutdoor spaceDurable metal roofLarge deckAbundant atv trails
Zillow last checked:
Listing updated:
Listed by:
Bridger Hopkins 218-398-3876,
GRAND PROPERTIES REAL ESTATE
Bought with:
Bridger Hopkins
GRAND PROPERTIES REAL ESTATE
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6405588
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 0
Bedroom
- Level: Main
- Area: 76 Square Feet
- Dimensions: 9.5x8
Kitchen
- Level: Main
- Area: 96 Square Feet
- Dimensions: 12x8
Living room
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Other
- Level: Main
- Area: 66 Square Feet
- Dimensions: 5.5x12
Heating
- None
Cooling
- None
Features
- Basement: Posts
- Has fireplace: No
Interior area
- Total structure area: 417
- Total interior livable area: 417 sqft
- Finished area above ground: 417
- Finished area below ground: 0
Property
Parking
- Parking features: Asphalt
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: East
- Waterfront features: Lake Front, Waterfront Elevation(15-26), Lake Bottom(Hard)
- Frontage length: Water Frontage: 220
Lot
- Size: 0.74 Acres
- Dimensions: 246 x 116 x 193 x 142
- Features: Accessible Shoreline, Irregular Lot, Property Adjoins Public Land
Details
- Additional structures: Boat House, Storage Shed
- Foundation area: 417
- Additional parcels included: 524300010
- Parcel number: 524300020
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Metal
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Electric
- Sewer: Private Sewer, Septic System Compliant - Yes
- Water: Well
Community & HOA
Community
- Subdivision: Mechley Shores
HOA
- Has HOA: No
Location
- Region: Nashwauk
Financial & listing details
- Price per square foot: $213/sqft
- Tax assessed value: $73,800
- Annual tax amount: $726
- Date on market: 7/22/2023
- Cumulative days on market: 30 days
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2023 | Sold | $89,000-6.3%$213/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6405588 Report a problem | ||
| 8/24/2023 | Pending sale | $95,000$228/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6405588 Report a problem | ||
| 8/13/2023 | Price change | $95,000-9.5%$228/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6405588 Report a problem | ||
| 7/24/2023 | Listed for sale | $105,000-24.9%$252/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6405588 Report a problem | ||
| 8/2/2021 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #5754860 Report a problem | ||
| 7/22/2021 | Price change | $139,900-6.7%$335/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5754860 Report a problem | ||
| 5/11/2021 | Listed for sale | $149,900+50.1%$359/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5754860 Report a problem | ||
| 3/21/2015 | Listing removed | $99,900$240/sqft |
Source: CENTURY 21 Land of Lakes #9924267 Report a problem | ||
| 3/19/2015 | Listed for sale | $99,900$240/sqft |
Source: CENTURY 21 Land of Lakes #9924267 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $757 +0.4% | $73,800 -1.2% |
| 2024 | $754 +3.9% | $74,700 |
| 2023 | $726 +39.1% | $74,700 |
| 2022 | $522 -0.4% | -- |
| 2021 | $524 -6.1% | -- |
| 2020 | $558 -0.4% | -- |
| 2019 | $560 +1.4% | -- |
| 2018 | $552 -6.4% | -- |
| 2017 | $590 -0.3% | -- |
| 2016 | $592 | -- |
| 2015 | $592 +10.4% | -- |
| 2014 | $536 | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 55769
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Nearby schools
GreatSchools rating
- 3/10Keewatin Elementary SchoolGrades: PK-6Distance: 13.4 mi
- 6/10Nashwauk SecondaryGrades: 7-12Distance: 14 mi
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- Minnesota
- Itasca County
- Nashwauk
- 55769
- 48198 State Highway 65
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