REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Alexander Dempsey

alex@inter-state.realestate +1(715) 681-2879

Listed by Virginia Detrick Palmer Coldwell Banker North Shore

$849,900

Est. payment - /mo

4 Beds

3 Baths

4,268 SqFt

Save

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Square Footage 4,268 sqft

Price per Sqft $199

MLS Listing ID LSA6124556

Style Ranch

Bedrooms 4

Full Baths 1

Three Quarter Bath 2

HOA Y/N No

Year Built 2006

Annual Tax Amount $3,998

Tax Year 2026

Lot Size 1.170 Acres

Acres 1.17

Lot Dimensions Irregular

Property Sub-Type Single Family Detached

Source lsar

Property Description

Lake Superior Investment Opportunity | Main Home + Apartment + Guest House! Discover an exceptional North Shore investment opportunity just minutes east of Grand Marais with convenient access from Highway 61 and additional frontage on Croftville Road. Set on 1.17 south-facing acres with stunning Lake Superior views, this versatile property features three distinct living spaces—a spacious 4-bedroom, 3-bath main home, private one-bedroom apartment, and charming guest house—creating outstanding flexibility for personal use, hosting, multigenerational living, or income potential. Designed to capture the beauty of Lake Superior, the property offers expansive water views, bright interiors, and multiple living configurations rarely found in one offering. The guest house includes three bedrooms and two baths, with a bright living room featuring a wall of windows showcasing breathtaking lake views and access to a deck overlooking the water. A full kitchen, dining area, and separate driveway create privacy and make the space ideal for guests or rental use. The main residence blends comfort and function. An entry/mudroom connects the garage to a well-appointed kitchen with a large pantry and center island. The dining area opens to a lakeside deck, while the spacious living room is ideal for relaxing or entertaining. French doors lead to a study or additional bedroom. The primary suite enjoys Lake Superior views and includes a private bath with double vanity, walk-in closet, and linen storage. A large laundry room offers space for hobbies or office use, while an additional bedroom completes the upper level. The lower level provides abundant storage, a family room opening to the yard, and a large multipurpose room suited for a studio, gym, library, or flex space. Completing the property is the one-bedroom apartment featuring a living room, kitchen with dining space, ¾ bath, and bright bedroom. With a history of long-term rentals and future short-term rental potential across all three dwellings, this property offers exceptional flexibility as an investment, retreat, or family compound. Virtual Tour: https://my.matterport.com/show

Location

State MN

County Cook County

Area Lsar

Direction From the stoplight in Grand Marais travel east on Hwy 61 approx. 3.2 miles. The property is on the right.

Rooms

Basement Full

Dining Room Informal Dining Room

Interior

Interior Features Garage Door Opener(s), Hardwood Floors, Kitchen Island, Natural Woodwork, Walk-In Closet(s), Foyer-Entrance, Patio Door, Main Floor Laundry

Heating Boiler, In Floor Heat, Electric

Fireplaces Type Free Standing

Fireplace true

Appliance Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer

Exterior

Exterior Feature Deck, Gutters & Downspouts

Parking Features Gravel

Garage Spaces 2.0

View Y/N Yes

View Lake Superior

Roof Type Asphalt Shingle

Garage Yes

Building

Lot Description Irregular Lot

Story 1

Foundation Concrete

Sewer Private Sewer, Mound Septic

Water Private, Drilled

Architectural Style Ranch

Structure Type Vinyl,Wood

Schools

High Schools Cook County #166

School District Cook County #166

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Read Less Info

Nearby Locations

GET MORE INFORMATION

Alexander Dempsey

+1(715) 681-2879

Team Lead

1804 Hwy 61 E Grand Marais, MN 55604

Alexander Dempsey

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

GET MORE INFORMATION