1102 Prairie River Trail, Grand Rapids, MN 55744
4 Beds | 2 Baths | 2,236 Sq Ft | Single Family Home | MLS# 7116961
Price Reduced — was $459,900 (↓ $500) · M Markdowns
Is 1102 Prairie River Trail a Good Deal?
BuyPulse Verdict
Fair Market Value
At $205/sqft — This home is priced 6% above the typical Grand Rapids single-family home of $193/sqft.
Your Negotiating Position
72 — Strong buyer leverage
Day 77 — similar homes typically go under contract by day ~3. This one is past that window.
60% of recent sales closed at or over asking — Grand Rapids sellers rarely discount.
23 similar homes for sale — alternatives if they won't move.
This seller already cut $500 — motivation showing.
Powered by the Realgorithm™ — 84 active Grand Rapids listings · NorthstarMLS
$2,985/month Estimated
- Principal & interest
- $2,323
- Property taxes
- $387
- Home insurance (est.)
- $268
- Special assessments
- $7
- HOA dues
- None
20% down ($91,880) · 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
NOW OFFERING UP TO $5,000 BUYER INCENTIVE toward closing costs, prepaid items, or an interest rate buydown on purchase agreements executed by October 31st. Just five minutes from downtown Grand Rapids, this nearly 40 acre property offers a combination of acreage, and Prairie River frontage that is increasingly difficult to find. Whether you're looking for a year round home, hobby farm potential, hunting property, or simply room to spread out, this property delivers privacy and convenience in one package. The 4 bedroom, 2 bathroom home features warm wood finishes, natural textures, and a comfortable Northwoods character throughout. Recent updates include new flooring and a new front door, while the spacious kitchen is centered around a large island with bar seating and opens naturally to the dining and living areas. The layout is both practical and welcoming, designed for everyday living as well as gathering with family and friends. Outside is where this property truly shines. A covered porch provides the perfect place to enjoy the peaceful setting, while the 39.5 acres offer a mix of open space, woods, and opportunities for recreation right out your back door. Prairie River frontage creates easy access for fishing, paddling, wildlife watching, and enjoying the water throughout the seasons. A 3 car garage and additional outbuildings provide exceptional storage, workshop space, and flexibility for equipment, hobbies, or outdoor gear. Properties that combine nearly 40 acres, river frontage, multiple outbuildings, and close proximity to Grand Rapids rarely come available. This is the kind of property that supports the Northern Minnesota lifestyle people are searching for.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $345K and $574K in Grand Rapids:
- The field: 23 similar Grand Rapids homes for sale — you have options.
- Tempo: homes like this went pending in a median 3 days — 5 of the last 10 inside 4 days.
- Negotiation: 60% of the last 15 sales here closed at or over list — Grand Rapids doesn't discount.
Powered by the Realgorithm™ — 15 real Grand Rapids closings, zero guesses · NorthstarMLS
Key Features
- Built
- 2001
- Garage
- 3-Car Detached
- Style
- One
- HOA
- None
- Annual Taxes
- $4,647 (2025)
- Specials/yr
- $81
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,196
- Below Grade Sq Ft
- 1,040
- Lot Size
- 39.5 acres
- Basement
- Yes
- Roof
- Asphalt
- Construction
- Frame
- County
- Itasca
- List Date
- 2026-07-27
- Days on Market
- 77 days
- Parcel ID
- 880231300
Financial
- Total Tax incl. Assessments
- $4,728
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Dual Fuel/Off Peak, Hot Water
- Cooling
- None
- Water
- Drilled, Well
- Sewer
- Mound Septic, Septic System Compliant - Yes
Interior Features
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 1,196 sqft
- Total Building Area
- 2,392 sqft
Exterior Features
- Exterior Features
- Wood
- Other Structures
- Chicken Coop/Barn, Loafing Shed
- View
- River
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Detached Garage
Lot & Land
- Road Surface
- Private Road
- Zoning Description
- Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- Pemberton RE
Price History
Reduced $500 (0.1%)
- Price reduced to $459,900 — Aug 28, 2026
- Price reduced to $459,400 — Oct 5, 2026
1102 Prairie River Trail is listed in Grand Rapids, MN, part of Itasca County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1102 Prairie River Trail
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 Pemberton RE · Shown by Modern Market REALTORS®
Buying a home in Grand Rapids? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7116961 · Data refreshed October 5, 2026
Similar Homes for Sale Near 1102 Prairie River Trail, Grand Rapids, MN
Frequently Asked Questions About 1102 Prairie River Trail
- Is $459,400 a good price for a home in Grand Rapids?
- According to BuyPulse, 1102 Prairie River Trail rates Fair Market Value — at $205/sqft it's priced 6% above the typical Grand Rapids single-family home of $193/sqft. Its negotiating-position score is 72/100 (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 1102 Prairie River Trail — and what do they mean?
- This property has $81/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 $4,647/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 1102 Prairie River Trail have a basement?
- Yes, 1102 Prairie River Trail has a basement with 1,040 sq ft of below-grade space.
- What type of heating and cooling does 1102 Prairie River Trail have?
- 1102 Prairie River Trail has Dual Fuel/Off Peak, Hot Water heating and None cooling.
- Where is 1102 Prairie River Trail located?
- 1102 Prairie River Trail is in Grand Rapids, MN 55744, in Itasca County.
- Is 1102 Prairie River Trail still available?
- Yes — 1102 Prairie River Trail is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1102 Prairie River Trail built?
- 1102 Prairie River Trail was built in 2001. It features frame construction, an asphalt roof, and a block foundation.
- How walkable is 1102 Prairie River Trail?
- 1102 Prairie River Trail has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 23/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 1102 Prairie River Trail are for sale in Grand Rapids?
- 23 similar homes (single-family homes between $345K and $574K in Grand Rapids) are for sale right now — you have options.
- How fast do homes like 1102 Prairie River Trail sell in Grand Rapids?
- Homes like this one (single-family homes between $345K and $574K in Grand Rapids) went pending in a median 3 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?
- 60% of the last 15 comparable Grand Rapids sales closed at or over list price — Grand Rapids doesn't discount. Based on real NorthstarMLS closings, not estimates.
- 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.
- 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 10/12/2026, 9:58 PM 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.