Unique opportunity in the heart of Grand Marais - this home can be used as a roomy single family home, shared living situation or as a duplex! The main floor features an inviting space with the kitchen as the focal point. Cook a meal together and spend time around the nearby dining room or walk up a few stairs to the living room where there's plenty of room to relax. Just down the hallway is a bedroom suite with a walk-in closet and spacious bathroom. Take the stairs down to the walkout level and find a secondary living area that can be shared all together or set it aside as a private suite for a housemate. Another option is to rent out the walkout level as a private unit. The lower level has an office which could easily be a third bedroom with the installation of an egress window. The window well is already installed! The lower level has a separate entrance and the door to the main floor can sealed. Enjoy the half acre of grass, trees and flowers with a small creek meandering through. The 2-stall insulated garage is so close to the house, it's almost attached. Plus, there are three off street parking spots. This is an ideal in town home with a big yard, convenient location all within walking distance of schools, restaurants, shops and best of all, Lake Superior! Come take a look, the seller is open to considering reasonable offers.
Pending
Price cut: $10.1K (7/31)
$489,900
502 E 2nd Ave, Grand Marais, MN 55604
2beds
2,246sqft
Single Family Residence
Built in 1960
0.51 Acres Lot
$-- Zestimate®
$218/sqft
$-- HOA
What's special
Big yardSpacious bathroomNearby dining roomSmall creek meandering through
- 80 days
- 423
- 5
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Susan Nichols 218-370-1226,
Red Pine Realty
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6126129
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Primary bedroom
- Description: Primary bedroom with a large walk-through closet to the bathroom.
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14 x 11
Bedroom
- Level: Lower
- Area: 140 Square Feet
- Dimensions: 10 x 14
Bathroom
- Level: Lower
- Area: 56 Square Feet
- Dimensions: 7 x 8
Bathroom
- Description: Spacious with a tiled walk-in shower & double vanity.
- Level: Main
- Area: 136 Square Feet
- Dimensions: 8 x 17
Dining room
- Description: Perfect place to share a meal with a patio door leading to the deck and yard.
- Level: Main
- Area: 108 Square Feet
- Dimensions: 9 x 12
Family room
- Description: Downstairs apartment features a kitchenette, family room and a space for a dining table.
- Level: Lower
- Area: 307.2 Square Feet
- Dimensions: 12 x 25.6
Kitchen
- Description: Cook's kitchen with a large island, stainless steel appliances, beautiful tile backsplash. Open to the dining room.
- Level: Main
- Area: 154 Square Feet
- Dimensions: 11 x 14
Living room
- Description: Spacious living area with lots of natural light through windows facing, south, west and east.
- Level: Main
- Area: 228 Square Feet
- Dimensions: 12 x 19
Loft
- Description: Convenient loft with skylights. Would make a fun play area or office.
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 12 x 13
Office
- Description: Add a window and you would have another bedroom. Window well is in place for the egress window.
- Level: Lower
- Area: 140 Square Feet
- Dimensions: 10 x 14
Other
- Description: Extra storage space. Partially finished. low ceiling!
- Level: Upper
- Area: 187 Square Feet
- Dimensions: 17 x 11
Heating
- Boiler, Dual Fuel/Off Peak, In Floor Heat, Propane, Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
Features
- Ceiling Fan(s), Kitchen Island, Natural Woodwork, Walk-In Closet(s), Foyer-Entrance
- Flooring: Hardwood Floors, Tiled Floors
- Doors: Patio Door
- Windows: Skylight(s)
- Basement: Full,Egress Windows,Finished,Apartment,Bath,Bedrooms,Den/Office,Family/Rec Room,Kitchen,Utility Room,Washer Hook-Ups,Dryer Hook-Ups
- Has fireplace: No
Interior area
- Total interior livable area: 2,246 sqft
- Finished area above ground: 1,700
- Finished area below ground: 546
Property
Parking
- Total spaces: 2
- Parking features: Off Street, Detached, Multiple, Electrical Service, Insulation, Slab
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck
- Exterior features: Balcony, Rain Gutters
Lot
- Size: 0.51 Acres
- Dimensions: 160 x 135
- Features: Tree Coverage - Medium, Level
Details
- Additional structures: Storage Shed
- Parcel number: 801170110
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Wood, Concrete Block, Frame/Wood, Poured Concrete
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- Year built: 1960
Utilities & green energy
- Electric: Grand Marais PUC
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Fiber Optic
Community & HOA
HOA
- Has HOA: No
Location
- Region: Grand Marais
Financial & listing details
- Price per square foot: $218/sqft
- Tax assessed value: $472,400
- Annual tax amount: $5,456
- Date on market: 6/17/2026
- Cumulative days on market: 65 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2026 | Pending sale | $489,900$218/sqft |
Source: | ||
| 7/31/2026 | Price change | $489,900-2%$218/sqft |
Source: | ||
| 6/17/2026 | Listed for sale | $500,000+11.9%$223/sqft |
Source: | ||
| 9/15/2023 | Sold | $447,000-0.7%$199/sqft |
Source: | ||
| 9/11/2023 | Pending sale | $450,000$200/sqft |
Source: | ||
| 8/8/2023 | Contingent | $450,000$200/sqft |
Source: | ||
| 7/25/2023 | Listed for sale | $450,000-9.9%$200/sqft |
Source: | ||
| 7/24/2023 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/16/2023 | Listed for sale | $499,500+79%$222/sqft |
Source: Owner Report a problem | ||
| 11/1/2019 | Listing removed | $279,000$124/sqft |
Source: Coldwell Banker North Shore #6082692 Report a problem | ||
| 10/1/2019 | Price change | $279,000-3.5%$124/sqft |
Source: Coldwell Banker North Shore #6082692 Report a problem | ||
| 7/9/2019 | Price change | $289,000-1.2%$129/sqft |
Source: Coldwell Banker North Shore #6082692 Report a problem | ||
| 5/9/2019 | Listed for sale | $292,500-2.5%$130/sqft |
Source: Coldwell Banker North Shore #6082692 Report a problem | ||
| 12/3/2018 | Listing removed | $299,900$134/sqft |
Source: Coldwell Banker North Shore #6078096 Report a problem | ||
| 8/24/2018 | Price change | $299,900+1.3%$134/sqft |
Source: Coldwell Banker North Shore #6078096 Report a problem | ||
| 7/12/2018 | Listed for sale | $296,000+26%$132/sqft |
Source: Owner Report a problem | ||
| 9/24/2010 | Sold | $235,000$105/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,270 +56.2% | $472,400 +2.6% |
| 2024 | $3,374 +7.2% | $460,600 +17.2% |
| 2023 | $3,146 +0.4% | $393,092 +12.6% |
| 2022 | $3,132 +3.2% | $349,165 +32.1% |
| 2021 | $3,034 -0.8% | $264,254 +0.9% |
| 2020 | $3,060 -3.7% | $261,856 +2.8% |
| 2018 | $3,178 +18% | $254,662 -6% |
| 2017 | $2,694 +30.3% | $271,012 +13.8% |
| 2016 | $2,068 +6.3% | $238,100 +11.9% |
| 2015 | $1,946 +14.3% | $212,800 -0.9% |
| 2014 | $1,702 | $214,800 +11.2% |
| 2012 | -- | $193,200 -12.7% |
| 2010 | $1,604 | $221,300 |
Find assessor info on the county website
Monthly payment
Est. payment



