1989 single family home for sale at 40 Abbi Lane in Grand Rapids, MN — 4 bed, 2 bath (photo 1 of 47)

40 Abbi Lane, Grand Rapids, MN 55744

4 Beds | 2 Baths | 2,160 Sq Ft | Single Family Home | MLS# 7115784

$268,500

Is 40 Abbi Lane a Good Deal?

BuyPulse Verdict

Excellent Value

At $124/sqft — This home is priced 38% below the typical Grand Rapids single-family home of $199/sqft.

Your Negotiating Position: 62 — Balanced market

Powered by the Realgorithm™ — 83 active Grand Rapids listings · NorthstarMLS

$1,696/month Estimated

Principal & interest
$1,358
Property taxes
$167
Home insurance (est.)
$157
Special assessments
$14
HOA dues
None

20% down ($53,700) · 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

Located in Winter Hills, Grand Rapids, MN.

About This Home

Located on the edge of Grand Rapids, this spacious family home sits on nearly 5 private acres surrounded by towering pines. The backyard borders City of Grand Rapids wooded land, creating an even greater sense of privacy. This slab-on-grade home features 4 bedrooms, 2 full bathrooms, and an open main-floor layout centered around a handcrafted stone fireplace. The main level also includes a primary suite and convenient main-floor laundry. Upstairs, you’ll find three additional bedrooms with charming dormers and a versatile flex room that works well as a second living area, office, or study. The 24’ x 30’ insulated, heatable garage is just steps from the home. A unique bonus is the existing infrastructure for a future guest house or shop with living quarters. A second septic system, water hookup, and electrical are already in place, making it equally well-suited for a camper site. With numerous updates throughout, this move-in-ready home qualifies for all loan types. Schedule your showing today!

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $201K and $336K in Grand Rapids:

  • The field: 24 similar Grand Rapids homes for sale — you have options.
  • Tempo: homes like this went pending in a median 20 days — 3 of the last 17 inside 4 days.
  • Negotiation: 61% of the last 23 sales here closed at or over list — Grand Rapids doesn't discount.

Powered by the Realgorithm™ — 23 real Grand Rapids closings, zero guesses · NorthstarMLS

Key Features

Property Type
Single Family
Year Built
1989
Above Grade
2,160 sq ft
Lot Size
4.88 acres
Garage
2-car (Detached Garage, Gravel)
Heating
Boiler, Hot Water, Outdoor Boiler
Cooling
None
Sewer
Septic System Compliant - No
Water
Drilled, Well
Annual Taxes
$2,004
Special Assessments
$162
County
Itasca
Days on Market
32

40 Abbi Lane is listed in Grand Rapids, MN, part of Itasca County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 40 Abbi Lane

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 MN DIRECT PROPERTIES · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7115784 · Data refreshed August 4, 2026

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Frequently Asked Questions About 40 Abbi Lane

Is $268,500 a good price for a home in Grand Rapids?
According to BuyPulse, 40 Abbi Lane rates Excellent Value — at $124/sqft it's priced 38% below the typical Grand Rapids single-family home of $199/sqft. Its negotiating-position score is 62/100 (Balanced market), 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 40 Abbi Lane — and what do they mean?
This property has $162/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 $2,004/yr. Always factor both into your total monthly housing cost before making an offer.
What type of heating and cooling does 40 Abbi Lane have?
40 Abbi Lane has Boiler, Hot Water, Outdoor Boiler heating and None cooling.
Where is 40 Abbi Lane located?
40 Abbi Lane is in the Winter Hills neighborhood of Grand Rapids, MN 55744, in Itasca County.
Is 40 Abbi Lane still available?
Yes — 40 Abbi Lane is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 40 Abbi Lane built?
40 Abbi Lane was built in 1989. It features an asphalt roof and a slab foundation.
Does 40 Abbi Lane have main-floor laundry?
Yes — the laundry at 40 Abbi Lane is on the main level.
How walkable is 40 Abbi Lane?
40 Abbi Lane has a Walk Score of 3/100 (Car-Dependent) and a Bike Score of 23/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
How many homes like 40 Abbi Lane are for sale in Grand Rapids?
24 similar homes (single-family homes between $201K and $336K in Grand Rapids) are for sale right now — you have options.
How fast do homes like 40 Abbi Lane sell in Grand Rapids?
Homes like this one (single-family homes between $201K and $336K in Grand Rapids) went pending in a median 20 days over the last 90 days — 3 of the last 17 went under contract within 4 days.
Do homes in Grand Rapids sell for asking price?
61% of the last 23 comparable Grand Rapids sales closed at or over list price — Grand Rapids doesn't discount. 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.