Discover your lakefront paradise with 400 feet of stunning Lake of the Woods frontage on Flag Island at the Northwest Angle of Minnesota. This 5.43-acre retreat features an immaculately maintained, year-round beautiful log home and a charming guest house, offering a perfect blend of rustic charm and modern comfort. The main residence boasts three bedrooms and a bathroom, complemented by a recently remodeled kitchen with new appliances. The guest house features a sauna, bedroom, bathroom, and laundry room. Enjoy cozy evenings by the fireplace, take in the breathtaking lake views from the screened-in porch or wrap-around deck, and unwind in the sauna after a day of exploration. Additional highlights include a private dock, boathouse, storage shed, and self-sufficient private well and septic system. Located just 4 miles from the mainland at Young's Bay, this property provides easy access to exceptional fishing, delightful restaurants and bars, and endless opportunities to explore the surrounding islands. Whether you’re seeking a peaceful retreat or an adventure-filled escape, this lakefront haven offers the perfect balance of tranquility and excitement.
Closed
$544,500
8 Flag Is, Oak Island, MN 56741
4beds
1,008sqft
Single Family Residence
Built in 1991
5.43 Acres Lot
$559,100 Zestimate®
$540/sqft
$1,590 Estimated rent
Home value
$559,100
Estimated sales range
Not available
$1,590/mo
Zestimate® history
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$3,224/mo
Est. payment
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Est. payment
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List your homeWhat's special
Private dockModern comfortScreened-in porchRustic charmBreathtaking lake viewsNew appliancesWrap-around deck
Zillow last checked:
Listing updated:
Listed by:
Gregg Hennum 218-395-0414,
Reed Realty
Bought with:
Gregg Hennum
Reed Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6601992
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Bedroom 4
- Level: Second
Bathroom
- Level: Main
Bathroom
- Level: Main
Deck
- Level: Main
Other
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Loft
- Level: Second
Screened porch
- Level: Main
Heating
- Baseboard, Ductless Mini-Split, Forced Air, Fireplace(s)
Cooling
- Ductless Mini-Split
Appliances
- Included: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
- Laundry: Laundry Room
Features
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Free Standing
Interior area
- Total structure area: 1,008
- Total interior livable area: 1,008 sqft
- Finished area above ground: 1,008
- Finished area below ground: 0
Property
Parking
- Parking features: Other
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Composite Decking, Deck, Enclosed, Front Porch, Screened
- Pool features: None
- Has view: Yes
- View description: Lake, North, Panoramic
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front, Lake Bottom(Hard, Rocky, Sand)
- Frontage length: Water Frontage: 408
Lot
- Size: 5.43 Acres
- Dimensions: 408' x 85' x 535' x 862' x 1305' x 1655"
- Features: Irregular Lot, Island/Peninsula, Tree Coverage - Medium
- Topography: High Ground,Sloped,Wooded
Details
- Additional structures: Boat House, Guest House, Sauna, Storage Shed
- Foundation area: 840
- Parcel number: 033424010
- Zoning description: Residential-Single Family
- Other equipment: Fuel Tank - Owned
- Wooded area: 174240
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Log
- Roof: Asphalt,Metal
Condition
- New construction: No
- Year built: 1991
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Roseau Electric Cooperative
- Gas: Electric, Propane
- Sewer: Private Sewer
- Water: Private
Community & neighborhood
Location
- Region: Oak Island
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 2/26/2025 | Sold | $544,500-0.8%$540/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6601992 Report a problem | ||
| 9/29/2024 | Pending sale | $549,000$545/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6601992 Report a problem | ||
| 9/14/2024 | Listed for sale | $549,000$545/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6601992 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 56741
Nearby schools
GreatSchools rating
- NAAngle Inlet Elementary SchoolGrades: K-6Distance: 8.9 mi
- 5/10Warroad High SchoolGrades: 6-12Distance: 35.4 mi
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