2001 single family home for sale at 27668 Clearwater Road in Grand Rapids, MN — 3 bed, 2 bath (photo 1 of 38)

27668 Clearwater Road, Grand Rapids, MN 55744

3 Beds | 2 Baths | 1,680 Sq Ft | Single Family Home | MLS# 7127230

Price Reduced — was $325,000 (↓ $6,000) · M Markdowns

$319,000

Is 27668 Clearwater Road a Good Deal?

BuyPulse Verdict

Strong Value

At $190/sqft — This home is priced right at the typical Grand Rapids single-family home of $193/sqft.

Your Negotiating Position

84 — Strong buyer leverage

Day 60 — similar homes typically go under contract by day ~20. This one is past that window.

48% of recent sales closed at or over asking — about half hold full price.

26 similar homes for sale — alternatives if they won't move.

This seller already cut $6,000 — motivation showing.

Powered by the Realgorithm™ — 84 active Grand Rapids listings · NorthstarMLS

$1,967/month Estimated

Principal & interest
$1,613
Property taxes
$161
Home insurance (est.)
$186
Special assessments
$7
HOA dues
None

20% down ($63,800) · 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.

Grand Rapids, MN Active

About This Home

Privacy, acreage, and waterfront come together beautifully on Inkey Lake. Set on 28 wooded acres with an impressive 1,858 feet of shoreline, this 3-bedroom, 2-bath home is surrounded by mature trees with a large open yard leading toward the lake. Inside, the home offers comfortable one-level living with a practical floor plan, a recently updated primary bathroom, and a 3-season porch that gives you another place to enjoy the views and changing seasons. Step outside to the lakeside deck or side deck for morning coffee and summer dinners. A 28' x 48' two-story garage provides exc.eptional space for vehicles, boats, ATVs, equipment, a workshop, and plenty of additional storage. With so much land to explore, there is no shortage of room for trails, hunting, wildlife watching, or simply enjoying your own piece of northern Minnesota. Adding even more to the location, hundreds of acres of Blandin land sit directly across the road, extending the outdoor possibilities well beyond your own property. Whether you're looking for a year-round home, recreational property, or a private getaway with acreage and water, this is a property where the land and setting are truly the

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $239K and $399K in Grand Rapids:

  • The field: 26 similar Grand Rapids homes for sale — you have options.
  • Tempo: homes like this went pending in a median 20 days — 2 of the last 11 inside 4 days.
  • Negotiation: 48% of the last 25 sales here closed at or over list — about half hold full price.

Powered by the Realgorithm™ — 25 real Grand Rapids closings, zero guesses · NorthstarMLS

Key Features

Built
2001
Garage
4-Car Detached
Style
One
HOA
None
Annual Taxes
$1,935 (2026)
Specials/yr
$81

Property Details

Property Type
Single Family
Above Grade Sq Ft
1,680
Lot Size
28.15 acres
Basement
No
Roof
Asphalt
County
Itasca
List Date
2026-08-13
Days on Market
60 days
Parcel ID
230303100

Financial

Total Tax incl. Assessments
$2,016
Specials Pending
No

Home Systems & Utilities

Heating
Forced Air
Cooling
Central Air
Water
Well
Sewer
Septic System Compliant - Yes

Construction & Exterior

Construction & Structure

Foundation Type
Slab
Foundation Area
1,680 sqft
Total Building Area
1,680 sqft

Exterior Features

Exterior Features
Vinyl
Accessibility Features
None

Parking & Garage

Parking Features
Detached Garage

Lot & Land

Zoning Description
Residential-Single Family

Waterfront

Waterfront
Yes

Agent & Office

List Office
COLDWELL BANKER NORTHWOODS

Price History

Reduced $6,000 (1.8%)

  • Price reduced to $325,000 — Sep 1, 2026
  • Price reduced to $319,000 — Oct 12, 2026

27668 Clearwater Road is listed in Grand Rapids, MN, part of Itasca County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 27668 Clearwater Road

Shannon Barnum

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®

Schedule a Home Tour View Full Listing & Photos

MLS# 7127230 · Data refreshed October 12, 2026

Similar Homes for Sale Near 27668 Clearwater Road, Grand Rapids, MN

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Frequently Asked Questions About 27668 Clearwater Road

Is $319,000 a good price for a home in Grand Rapids?
According to BuyPulse, 27668 Clearwater Road rates Strong Value — at $190/sqft it's priced right at the typical Grand Rapids single-family home of $193/sqft. Its negotiating-position score is 84/100 (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 27668 Clearwater Road — 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 $1,935/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.

What type of heating and cooling does 27668 Clearwater Road have?
27668 Clearwater Road has Forced Air heating and Central Air cooling.
Where is 27668 Clearwater Road located?
27668 Clearwater Road is in Grand Rapids, MN 55744, in Itasca County.
Is 27668 Clearwater Road still available?
Yes — 27668 Clearwater Road is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 27668 Clearwater Road built?
27668 Clearwater Road was built in 2001. It features an asphalt roof and a slab foundation.
How walkable is 27668 Clearwater Road?
27668 Clearwater Road has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 25/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
How many homes like 27668 Clearwater Road are for sale in Grand Rapids?
26 similar homes (single-family homes between $239K and $399K in Grand Rapids) are for sale right now — you have options.
How fast do homes like 27668 Clearwater Road sell in Grand Rapids?
Homes like this one (single-family homes between $239K and $399K in Grand Rapids) went pending in a median 20 days over the last 90 days — 2 of the last 11 went under contract within 4 days.
Do homes in Grand Rapids sell for asking price?
48% of the last 25 comparable Grand Rapids sales closed at or over list price — about half hold full price. 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.

MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/13/2026, 12:00 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.