2003 single family home for sale at 1049 Natures Trail in Federal Dam, MN — 2 bed, 1 bath (photo 1 of 50)

1049 Natures Trail, Federal Dam, MN 56641

2 Beds | 1 Bath | 624 Sq Ft | Single Family Home | MLS# 7090460

Price Drop on M Markdowns — was $414,000 (↓ $15,000)

$399,000

Is 1049 Natures Trail a Good Deal?

BuyPulse Verdict

Fair Market Value

At $639/sqft — This home is priced right at the Federal Dam median of $639/sqft.

Powered by the Realgorithm™ — 1 active Federal Dam listings · NorthstarMLS

$2,410/month Estimated

Principal & interest
$2,018
Property taxes
$132
Home insurance (est.)
$233
Special assessments
$7
HOA dues
$20/mo

20% down ($79,800) · 30-yr fixed, 6.5% · Can I afford this home?

Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.

Federal Dam, MN Active

Located in Natures Corner Of Isle Harbor, Federal Dam, MN.

About This Home

Enjoy the best of up north living without the lakeshore taxes in this beautiful, rustic 2-bedroom, 1-bath home with access to stunning Leech Lake. Designed for comfortable one-level living, this country, internet wired home features an open floor plan filled with natural light and tasteful updates throughout. The inviting living spaces flow seamlessly together, creating the perfect setting for relaxing weekends or year-round living. Ideal for entertaining friends and family. The well-appointed kitchen and updated finishes offer both style and functionality, while the two comfortable bedrooms provide cozy accommodations for family and guests. In addition, an insulated/heated garage/shop with a versatile loft area above, perfect for entertaining guests, as a game room, home office, bunk space, creative studio, or a quiet retreat when you need a little solitude. Outside, you'll find a private, spacious play area, an established garden ready for your favorite flowers, vegetables, and herbs, creating a peaceful outdoor oasis and a wonderful space to enjoy the beauty of the Northwoods. Whether you're looking for a full-time residence, weekend/vacation getaway, or investment property, you'll love the combination of modern comfort, low-maintenance living, and easy access to boating, swimming, fishing, and recreation on Leech Lake. Owner has their own association maintained, covered boat slip in a private harbor on Leech Lake with electrical and launch access. Come experience the relaxed Northwoods lifestyle in a home that truly has it all.

Key Features

Built
2003
Garage
2-Car Detached
Style
One
HOA
$240/Annually
HOA Includes
Dock, Other
Annual Taxes
$1,582 (2026)
Specials/yr
$86

Property Details

Property Type
Single Family
Above Grade Sq Ft
624
Lot Size
2 acres
Basement
No
Roof
Asphalt, Pitched
Construction
Frame
County
Cass
List Date
2026-06-12
Days on Market
123 days
Parcel ID
883500212

Financial

Total Tax incl. Assessments
$1,668
Specials Pending
No
HOA Name
Isle Harbor

Home Systems & Utilities

Heating
In-Floor Heating, Space Heater
Cooling
None
Electric
200+ Amp Service
Water
4-Inch Submersible, Drilled, Well
Sewer
Mound Septic, Private Sewer, Septic System Compliant - Yes
Appliances
Dryer, Washer

Interior Features

Laundry
In Kitchen, Laundry Closet

Construction & Exterior

Construction & Structure

Foundation Type
Slab
Foundation Area
624 sqft
Total Building Area
624 sqft

Exterior Features

Exterior Features
Log Siding
Pool
Yes
Fenced Area
Yes
Other Structures
Lean-To, Pole Building, Workshop
Accessibility Features
No Stairs External, No Stairs Internal

Parking & Garage

Parking Features
Detached Garage, Gravel

Lot & Land

Lot Features
Tree Coverage - Medium
Road Surface
No Outlet/Dead End, Unpaved Streets
Zoning Description
Residential-Single Family

Agent & Office

List Office
Thunder Lake Realty

Price History

Reduced $15,000 (3.6%)

  • Price reduced to $414,000 — Jul 31, 2026
  • Price reduced to $399,000 — Sep 9, 2026

1049 Natures Trail is listed in Federal Dam, MN, part of Cass County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 1049 Natures Trail

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Federal Dam real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

Listed by Thunder Lake Realty · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7090460 · Data refreshed September 9, 2026

Frequently Asked Questions About 1049 Natures Trail

Is $399,000 a good price for a home in Federal Dam?
According to BuyPulse, 1049 Natures Trail rates Fair Market Value — at $639/sqft it's priced right at the Federal Dam median of $639/sqft. Powered by the Realgorithm™. Browse Federal Dam homes for sale to compare.
What are the special assessments at 1049 Natures Trail — and what do they mean?
This property has $86/yr in annual special assessments, with no specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $1,582/yr. Always factor both into your total monthly housing cost before making an offer.

What special assessments cost in Fargo-Moorhead — live figures on every home for sale.

Does 1049 Natures Trail have an HOA?
Yes, 1049 Natures Trail has a homeowners association with dues of $240 annually. HOA includes: Dock, Other.
What type of heating and cooling does 1049 Natures Trail have?
1049 Natures Trail has In-Floor Heating, Space Heater heating and None cooling.
Where is 1049 Natures Trail located?
1049 Natures Trail is in the Natures Corner Of Isle Harbor neighborhood of Federal Dam, MN 56641, in Cass County.
Is 1049 Natures Trail still available?
Yes — 1049 Natures Trail is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 1049 Natures Trail built?
1049 Natures Trail was built in 2003. It features frame construction and a slab foundation.
What does "M Markdowns" mean?
M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.

Local Companies to Help You Settle In

From inspection to closing to moving day, here are well-known local companies serving the Federal Dam area.

MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/13/2026, 11:24 AM CDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.