1005 Horseshoe Lake Road, Grand Rapids, MN 55744
6 Beds | 4 Baths | 3,580 Sq Ft | Single Family Home | MLS# 6796863
Is 1005 Horseshoe Lake Road a Good Deal?
BuyPulse Verdict
Excellent Value
At $111/sqft — This home is priced 42% below the typical Grand Rapids single-family home of $193/sqft.
Your Negotiating Position
68 — Strong buyer leverage
Day 377 — similar homes typically go under contract by day ~4. This one is past that window.
55% of recent sales closed at or over asking — about half hold full price.
26 similar homes for sale — alternatives if they won't move.
Powered by the Realgorithm™ — 84 active Grand Rapids listings · NorthstarMLS
$2,793/month Estimated
- Principal & interest
- $2,018
- Property taxes
- $538
- Home insurance (est.)
- $233
- Special assessments
- $4
- HOA dues
- None
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.
About This Home
4-level home on 2.75 wooded acres in the heart of Grand Rapids. Highlights include a sunken living room with fireplace, formal dining, and a gourmet kitchen. The lower level features an expansive family room with fireplace, 3 bedrooms (or office), full bath, and storage. Upstairs offers 3 more bedrooms, 2 full baths, and a private suite. Enjoy the 3-season porch, patio, fruit trees, berries, and spacious yard. Unique floor plan—this home is a must-see!
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $299K and $499K in Grand Rapids:
- The field: 26 similar Grand Rapids homes for sale — you have options.
- Tempo: homes like this went pending in a median 4 days — 5 of the last 10 inside 4 days.
- Negotiation: 55% of the last 20 sales here closed at or over list — about half hold full price.
Powered by the Realgorithm™ — 20 real Grand Rapids closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1977
- Garage
- 2-Car Attached
- Style
- Four or More Level Split
- HOA
- None
- Annual Taxes
- $6,459 (2024)
- Specials/yr
- $45
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 2,045
- Below Grade Sq Ft
- 1,535
- Lot Size
- 2.75 acres
- Basement
- Yes
- Roof
- Age Over 8 Years
- County
- Itasca
- List Date
- 2025-10-01
- Days on Market
- 377 days
- Parcel ID
- 910291307
Financial
- Total Tax incl. Assessments
- $6,504
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- None
- Electric
- Circuit Breakers, Fuses
- Water
- Well
- Sewer
- Septic System Compliant - Yes
- Appliances
- Dryer, Washer
Interior Features
- Fireplace
- 2 fireplaces
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 2,045 sqft
- Total Building Area
- 3,580 sqft
Exterior Features
- Exterior Features
- Wood
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage
Lot & Land
- Lot Features
- Tree Coverage - Medium
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- COLDWELL BANKER NORTHWOODS
Price History
Listed at $399,000 on Oct 1, 2025 — No price changes
1005 Horseshoe Lake Road is listed in Grand Rapids, MN, part of Itasca County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1005 Horseshoe Lake Road
Associate Broker · Modern Market REALTORS®
Your Grand Rapids real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by COLDWELL BANKER NORTHWOODS · Shown by Modern Market REALTORS®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 6796863 · Data refreshed August 13, 2026
Similar Homes for Sale Near 1005 Horseshoe Lake Road, Grand Rapids, MN
Frequently Asked Questions About 1005 Horseshoe Lake Road
- Is $399,000 a good price for a home in Grand Rapids?
- According to BuyPulse, 1005 Horseshoe Lake Road rates Excellent Value — at $111/sqft it's priced 42% below the typical Grand Rapids single-family home of $193/sqft. Its negotiating-position score is 68/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Grand Rapids homes are closing versus list. Powered by the Realgorithm™. Browse Grand Rapids homes for sale to compare.
- What are the special assessments at 1005 Horseshoe Lake Road — and what do they mean?
- This property has $45/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 $6,459/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 1005 Horseshoe Lake Road have a basement?
- Yes, 1005 Horseshoe Lake Road has a finished basement with 1,535 sq ft of below-grade space.
- What type of heating and cooling does 1005 Horseshoe Lake Road have?
- 1005 Horseshoe Lake Road has Forced Air heating and None cooling.
- Where is 1005 Horseshoe Lake Road located?
- 1005 Horseshoe Lake Road is in Grand Rapids, MN 55744, in Itasca County.
- Is 1005 Horseshoe Lake Road still available?
- Yes — 1005 Horseshoe Lake Road is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1005 Horseshoe Lake Road built?
- 1005 Horseshoe Lake Road was built in 1977. It features a block foundation.
- How many homes like 1005 Horseshoe Lake Road are for sale in Grand Rapids?
- 26 similar homes (single-family homes between $299K and $499K in Grand Rapids) are for sale right now — you have options.
- How fast do homes like 1005 Horseshoe Lake Road sell in Grand Rapids?
- Homes like this one (single-family homes between $299K and $499K in Grand Rapids) went pending in a median 4 days over the last 90 days — 5 of the last 10 went under contract within 4 days.
- Do homes in Grand Rapids sell for asking price?
- 55% of the last 20 comparable Grand Rapids sales closed at or over list price — about half hold full price. Based on real NorthstarMLS closings, not estimates.
- What does "BuyPulse" mean?
- BuyPulse™ is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
- What does "Realgorithm™" mean?
- The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Grand Rapids area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/13/2026, 10:29 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.