1948 single family home for sale at 35455 Freestone Road in Grand Rapids, MN — 4 bed, 1 bath (photo 1 of 61)

35455 Freestone Road, Grand Rapids, MN 55744

4 Beds | 1 Bath | 1,832 Sq Ft | Single Family Home | MLS# 7145336

Price Drop on M Markdowns — was $215,000 (↓ $15,100)

$199,900

$1,329/month Estimated

Principal & interest
$1,090
Property taxes
$122
Home insurance (est.)
$117
HOA dues
None

20% down ($39,980) · 30-yr fixed, 7.24%

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Estimates only; confirm before you offer.

Grand Rapids, MN Active

About This Home

This 4-bedroom, 1-bathroom, 1.5-story home offers the space, land, and outbuildings you’ve been looking for, all set on a generous 6.84 acres near Deer Lake and just minutes from town. Inside, you’ll find a huge living room with plenty of space to gather, along with a home that has seen many updates over the past several years. While the property could use some additional TLC, it offers an excellent opportunity to build on the work already completed and make it your own. Outside, the property really shines with room to roam, nearby trails, and multiple storage options. The detached 24x36 garage provides plenty of space for vehicles, hobbies, or equipment, while the additional Quonset building offers even more storage. Enjoy the privacy and possibilities of acreage while staying conveniently close to town, Deer Lake, and area recreation. SXS and riding lawn mower will be included as well. Bring your vision and make this property your next home, getaway, or investment opportunity!

BuyPulse · Live market read

How 35455 Freestone Road Compares to the Grand Rapids Market

At $109/sqft, this home is priced $77/sqft below the typical Grand Rapids single-family home of $186/sqft.

The median list price in Grand Rapids is $352,500.

Verdict: Excellent Value

Your negotiating position

76 Strong buyer leverage

Seller's market · Balanced · Buyer leverage

Day 49 — similar homes typically go under contract by day ~32. This one is past that window.

59% of recent sales closed at or over asking — about half hold full price.

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

This seller already cut $15,100 — the asking price has already moved.

Homes like this one — single-family homes between $150K and $250K in Grand Rapids:

  • The field: 13 similar Grand Rapids homes for sale — you have options.
  • Tempo: homes like this went pending in a median 32 days — 1 of the last 11 inside 4 days.
  • Negotiation: 59% of the last 22 sales here closed at or over list — about half hold full price.
  • Price cuts: 8 of 13 similar homes have trimmed asking — median trim $10,000. This one already cut $15,100.

Powered by the Realgorithm™ — 22 real Grand Rapids closings, zero guesses · NorthstarMLS

Key Features

Built
1948
Garage
2-Car Detached
Style
One and One Half
HOA
None
Annual Taxes
$1,462 (2026)

Property Details

Property Type
Single Family
Above Grade Sq Ft
1,832
Lot Size
6.84 acres
Basement
Yes
County
Itasca
List Date
2026-09-16
Days on Market
49 days
Parcel ID
640024103

Financial

Total Tax incl. Assessments
$1,462

Home Systems & Utilities

Heating
Forced Air
Cooling
Wall Unit(s)
Water
Well
Sewer
Mound Septic, Private Sewer

Construction & Exterior

Construction & Structure

Foundation Type
Other, Poured Concrete
Foundation Area
1,304 sqft
Total Building Area
2,536 sqft

Exterior Features

Exterior Features
Vinyl
Accessibility Features
None

Parking & Garage

Parking Features
Detached Garage

Lot & Land

Zoning Description
Residential-Single Family

Agent & Office

List Office
CENTURY 21 LAND OF LAKES

Price History

  • Price reduced to $199,900 — Oct 21, 2026

35455 Freestone Road is listed in Grand Rapids, MN, part of Itasca County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 35455 Freestone 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 CENTURY 21 LAND OF LAKES · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7145336 · Updated October 21, 2026

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Frequently Asked Questions About 35455 Freestone Road

Is $199,900 a good price for a home in Grand Rapids?
According to BuyPulse, 35455 Freestone Road rates Excellent Value — at $109/sqft it's priced 41% below the typical Grand Rapids single-family home of $186/sqft. Its negotiating-position score is 76/100 (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.
Does 35455 Freestone Road have a basement?
Yes, 35455 Freestone Road has a basement.
What type of heating and cooling does 35455 Freestone Road have?
35455 Freestone Road has Forced Air heating and Wall Unit(s) cooling.
Where is 35455 Freestone Road located?
35455 Freestone Road is in Grand Rapids, MN 55744, in Itasca County.
Is 35455 Freestone Road still available?
Yes — 35455 Freestone Road is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 35455 Freestone Road built?
35455 Freestone Road was built in 1948. It features a other, poured concrete foundation.
How many homes like 35455 Freestone Road are for sale in Grand Rapids?
13 similar homes (single-family homes between $150K and $250K in Grand Rapids) are for sale right now — you have options.
How fast do homes like 35455 Freestone Road sell in Grand Rapids?
Homes like this one (single-family homes between $150K and $250K in Grand Rapids) went pending in a median 32 days over the last 90 days — 1 of the last 11 went under contract within 4 days.
Do homes in Grand Rapids sell for asking price?
59% 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 "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

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MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/04/2026, 8:49 AM CST. 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.