28249 Lost Lake Drive, Grand Rapids, MN 55744
3 Beds | 2 Baths | 2,060 Sq Ft | Single Family Home | MLS# 7120341
BuyPulse Grade
Below Market
At $184/sqft — This home is priced 10% below the typical Grand Rapids single-family home of $205/sqft.
Powered by the Realgorithm™ — 77 active Grand Rapids listings · NorthstarMLS
$2,287/month Estimated
- Principal & interest
- $1,916
- Property taxes
- $143
- Home insurance (est.)
- $221
- Special assessments
- $7
- HOA dues
- None
20% down ($75,800) · 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
It's not often you find a home that feels this new. Rebuilt with a brand-new foundation, an entirely new lower level, and a beautifully remodeled upper level, this 3-bedroom, 2-bath home has been transformed from top to bottom. The sellers approached this project with quality in mind, making extensive construction improvements throughout the renovation—not just cosmetic updates. A complete list of the work completed is available in the supplements.. Seller did not forget to add some interesting touches, like a hidden room! Do not forget to look for it! Step outside and you'll appreciate everything this 3.1-acre property has to offer. The impressive 63' x 30' shop provides room for just about any project, with the rear section heated for year-round use—ideal for a workshop, home business, hobby space, or storing recreational equipment. A detached heated two-stall garage adds even more space for vehicles, storage, and everyday use. With hundreds of acres of Minnesota Department of Forestry and tax-forfeit land across the road, this location offers the kind of neighboring property that's becoming increasingly hard to find.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $284K and $474K in Grand Rapids:
- The field: 24 similar Grand Rapids homes for sale — you have options.
- Tempo: homes like this went pending in a median 21 days — 4 of the last 12 inside 4 days.
- Negotiation: 55% of the last 22 sales here closed at or over list — about half hold full price.
Powered by the Realgorithm™ — 22 real Grand Rapids closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1980
- Above Grade
- 1,030 sq ft
- Below Grade
- 1,030 sq ft
- Lot Size
- 3.10 acres
- Lot Features
- Tree Coverage - Medium
- Garage
- 2-car (Detached Garage)
- Heating
- Forced Air
- Cooling
- None
- Basement
- Finished
- Sewer
- Septic System Compliant - Yes
- Water
- Private, Well
- Annual Taxes
- $1,721
- Special Assessments
- $81
- County
- Itasca
- Days on Market
- 11
28249 Lost Lake Drive is listed in Grand Rapids, MN, part of Itasca County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 28249 Lost Lake Drive
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®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7120341 · Data refreshed August 12, 2026
More Homes for Sale in Grand Rapids, MN
Frequently Asked Questions About 28249 Lost Lake Drive
- Is $379,000 a good price for a home in Grand Rapids?
- At $184/sqft, this home is priced below the typical Grand Rapids single-family home of $205/sqft (10% lower), according to our BuyPulse comparison of comparable active listings. Browse Grand Rapids homes for sale to compare.
- What are the special assessments at 28249 Lost Lake Drive — 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 $1,721/yr. Always factor both into your total monthly housing cost before making an offer.
- Does 28249 Lost Lake Drive have a basement?
- Yes, 28249 Lost Lake Drive has a finished basement with 1,030 sq ft of below-grade space.
- What type of heating and cooling does 28249 Lost Lake Drive have?
- 28249 Lost Lake Drive has Forced Air heating and None cooling.
- Where is 28249 Lost Lake Drive located?
- 28249 Lost Lake Drive is in Grand Rapids, MN 55744, in Itasca County.
- Is 28249 Lost Lake Drive still available?
- Yes — 28249 Lost Lake Drive is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 28249 Lost Lake Drive built?
- 28249 Lost Lake Drive was built in 1980. It features a metal roof and a wood foundation.
- How many homes like 28249 Lost Lake Drive are for sale in Grand Rapids?
- 24 similar homes (single-family homes between $284K and $474K in Grand Rapids) are for sale right now — you have options.
- How fast do homes like 28249 Lost Lake Drive sell in Grand Rapids?
- Homes like this one (single-family homes between $284K and $474K in Grand Rapids) went pending in a median 21 days over the last 90 days — 4 of the last 12 went under contract within 4 days.
- Do homes in Grand Rapids sell for asking price?
- 55% of the last 22 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.