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4 Beds | 2 Baths | 2,160 Sq Ft | Single Family Home | MLS# 7115784
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.
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®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7115784 · Data refreshed August 4, 2026
Similar Homes for Sale Near 40 Abbi Lane, Grand Rapids, MN
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.