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1 Bed | 1 Bath | 734 Sq Ft | Single Family Home | MLS# 7114819
Price Reduced — was $279,000 (↓ $14,000) · M Markdowns
Is 28750 Prairie Lake Road a Good Deal?
BuyPulse Verdict
Premium Pricing
At $361/sqft — This home is priced 87% above the typical Grand Rapids single-family home of $193/sqft.
Your Negotiating Position
84 — Strong buyer leverage
Day 77 — similar homes typically go under contract by day ~20. This one is past that window.
50% of recent sales closed at or over asking — about half hold full price.
15 similar homes for sale — alternatives if they won't move.
This seller already cut $14,000 — motivation showing.
Powered by the Realgorithm™ — 84 active Grand Rapids listings · NorthstarMLS
$1,599/month Estimated
- Principal & interest
- $1,340
- Property taxes
- $97
- Home insurance (est.)
- $155
- Special assessments
- $7
- HOA dues
- None
20% down ($53,000) · 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.
Located in Rocky Ridge Estates, Grand Rapids, MN.
About This Home
Experience the best of Northwoods living with this charming one-level home on 3.7 picturesque acres featuring a beautiful blend of wooded privacy, open land, and 528 feet of shoreline on Lower Prairie Lake. Located just minutes from Grand Rapids, you'll enjoy the tranquility of country living while remaining close to shopping, dining, and everyday amenities. This clean and well-maintained 1-bedroom, 1-bathroom home is designed for comfortable living and features an attached heated garage, along with a cozy loft that provides additional sleeping space or a flexible area for guests, a home office, or a quiet retreat. Step outside to enjoy the expansive yard, abundant wildlife, and easy access to nearby bicycle and ATV trails, making this property a perfect destination for outdoor enthusiasts in every season. The property also includes a versatile outbuilding with an attached lean-to for additional covered storage. One insulated section features a garage door, concrete floor, service door, and electric heater, making it ideal for a workshop, hobby space, or winter storage. The adjoining storage area provides plenty of room for lawn equipment, tools, and recreational gear. Whether you're searching for a year-round home, a weekend getaway, or the perfect lakeside cabin, this property offers a rare combination of privacy, acreage, and waterfront. Come experience the peaceful lifestyle and endless recreational opportunities that await on beautiful Lower Prairie Lake.
BuyPulse™ — Live Market Read
Homes like this one — ramblers between $199K and $331K in Grand Rapids:
- The field: 15 similar Grand Rapids homes for sale — you have options.
- Tempo: homes like this went pending in a median 20 days — 1 of the last 10 inside 4 days.
- Negotiation: 50% of the last 18 sales here closed at or over list — about half hold full price.
Powered by the Realgorithm™ — 18 real Grand Rapids closings, zero guesses · NorthstarMLS
Key Features
- Built
- 2017
- Garage
- 2-Car Attached
- Style
- One
- HOA
- None
- Annual Taxes
- $1,167 (2026)
- Specials/yr
- $81
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 734
- Lot Size
- 3.71 acres
- Basement
- No
- Roof
- Metal
- Construction
- Frame
- County
- Itasca
- List Date
- 2026-07-27
- Days on Market
- 77 days
- Parcel ID
- 024750220
Financial
- Total Tax incl. Assessments
- $1,248
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- None
- Electric
- Circuit Breakers, 100 Amp Service
- Water
- Well
- Sewer
- Private Sewer
- Appliances
- Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Construction & Exterior
Construction & Structure
- Foundation Type
- Slab
- Foundation Area
- 665 sqft
- Total Building Area
- 734 sqft
Exterior Features
- Exterior Features
- Metal
- Other Structures
- Storage Shed
- Accessibility Features
- Doors 36"+
Parking & Garage
- Parking Features
- Attached Garage
Lot & Land
- Road Surface
- County Road
- Zoning Description
- Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- EDGE OF THE WILDERNESS REALTY
Price History
Reduced $29,000 (9.9%)
- Price reduced to $294,000 — Aug 4, 2026
- Price reduced to $287,000 — Aug 10, 2026
- Price reduced to $279,000 — Aug 24, 2026
- Price reduced to $265,000 — Sep 8, 2026
28750 Prairie Lake Road is listed in Grand Rapids, MN, part of Itasca County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 28750 Prairie 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 EDGE OF THE WILDERNESS REALTY · 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# 7114819 · Data refreshed September 22, 2026
Similar Homes for Sale Near 28750 Prairie Lake Road, Grand Rapids, MN
Frequently Asked Questions About 28750 Prairie Lake Road
- Is $265,000 a good price for a home in Grand Rapids?
- According to BuyPulse, 28750 Prairie Lake Road rates Premium Pricing — at $361/sqft it's priced 87% above 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 28750 Prairie Lake 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 $1,167/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 28750 Prairie Lake Road have?
- 28750 Prairie Lake Road has Forced Air heating and None cooling.
- Where is 28750 Prairie Lake Road located?
- 28750 Prairie Lake Road is in the Rocky Ridge Estates neighborhood of Grand Rapids, MN 55744, in Itasca County.
- Is 28750 Prairie Lake Road still available?
- Yes — 28750 Prairie 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 28750 Prairie Lake Road built?
- 28750 Prairie Lake Road was built in 2017. It features frame construction, a metal roof, and a slab foundation.
- How walkable is 28750 Prairie Lake Road?
- 28750 Prairie Lake Road has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 17/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 28750 Prairie Lake Road are for sale in Grand Rapids?
- 15 similar homes (ramblers between $199K and $331K in Grand Rapids) are for sale right now — you have options.
- How fast do homes like 28750 Prairie Lake Road sell in Grand Rapids?
- Homes like this one (ramblers between $199K and $331K in Grand Rapids) went pending in a median 20 days over the last 90 days — 1 of the last 10 went under contract within 4 days.
- Do homes in Grand Rapids sell for asking price?
- 50% of the last 18 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.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/13/2026, 1:17 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.