2002 single family home for sale at 40330 Bray Lake Road in Nashwauk, MN — 4 bed, 3 bath (photo 1 of 6)

40330 Bray Lake Road, Nashwauk, MN 55769

4 Beds | 3 Baths | 2,943 Sq Ft | Single Family Home | MLS# 7117762

$699,500

Is 40330 Bray Lake Road a Good Deal?

BuyPulse Verdict

Premium Pricing

At $238/sqft — This home is priced 87% above the typical Nashwauk single-family home of $127/sqft.

Powered by the Realgorithm™ — 7 active Nashwauk listings · NorthstarMLS

$4,363/month Estimated

Principal & interest
$3,537
Property taxes
$406
Home insurance (est.)
$408
Special assessments
$12 + pending
HOA dues
None

20% down ($139,900) · 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.

Nashwauk, MN Active

About This Home

Peaceful and quiet, this meticulously cared for log home is waiting for you. This home is year-round so you can have it as your forever home, weekend retreat or pre-retirement. Bray Lake has no public access, but don't worry about this as you have two docks to launch your water-craft. This lake is known for crappies, bluegills, northern pike and perch. So picture yourself catching dinner right off the dock. In the evening enjoy s-mores around the campfire while listening to the loons calling. If you like to 4-wheel or hunt, there are 1000s of acres of public land across the road to explore. In the winter you can ice fish right out front or snowmobile on the many groomed trails. Some of the special features of this 4 bedroom walk-out home are 3 fireplaces, in-floor heat on both levels, two kitchens (great for entertaining), spacious rooms, lots of storage. The house and bunk house have been stained and the logs re-chinked. The deck is new with railing, stairway and has been re-stained. The bunk house, which also offers a sauna is great for overflow company. The pole building is 36 x 40 and has extra tall walls ideal for your RV & toy storage, the mezzanine adds even more storage. This property is close to two main towns offering shopping, schools and medical. Don't let this one get away!

Key Features

Built
2002
Garage
4-Car Detached
Style
Modified Two Story
HOA
None
Annual Taxes
$4,877 (2026)
Specials/yr
$147 + pending

Property Details

Property Type
Single Family
Above Grade Sq Ft
1,503
Below Grade Sq Ft
1,440
Lot Size
1.92 acres
Basement
Yes
Roof
Metal
Construction
Log
County
Itasca
List Date
2026-07-31
Days on Market
74 days
Parcel ID
040324206

Financial

Total Tax incl. Assessments
$5,024
Specials Pending
Yes

Home Systems & Utilities

Heating
Fireplace(s), In-Floor Heating, Outdoor Boiler
Cooling
Ductless Mini-Split
Electric
Circuit Breakers, 200+ Amp Service
Water
Drilled, Private
Sewer
Mound Septic, Private Sewer, Septic System Compliant - Yes
Appliances
Air-To-Air Exchanger, Dishwasher, Dryer, Freezer, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

Interior Features

Fireplace
3 fireplaces

Construction & Exterior

Construction & Structure

Foundation Type
Slab
Foundation Area
1,440 sqft
Total Building Area
2,943 sqft

Exterior Features

Exterior Features
Stone, Log
Pool
Yes
Other Structures
Bunk House, Pole Building, Sauna
View
Panoramic
Accessibility Features
Doors 36"+

Parking & Garage

Parking Features
Detached Garage, Gravel, Electric, Garage Door Opener, Heated Garage, RV Access/Parking

Lot & Land

Lot Features
Irregular Lot
Road Surface
County Road, Township
Zoning Description
Residential-Single Family

Waterfront

Waterfront
Yes

Agent & Office

List Office
RE/MAX Advantage Plus

Price History

  • Price reduced to $699,500 — Sep 17, 2026

40330 Bray Lake Road is listed in Nashwauk, MN, part of Itasca County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 40330 Bray Lake Road

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Nashwauk real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

Listed by RE/MAX Advantage Plus · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7117762 · Data refreshed September 17, 2026

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Frequently Asked Questions About 40330 Bray Lake Road

Is $699,500 a good price for a home in Nashwauk?
According to BuyPulse, 40330 Bray Lake Road rates Premium Pricing — at $238/sqft it's priced 87% above the typical Nashwauk single-family home of $127/sqft. Powered by the Realgorithm™. Browse Nashwauk homes for sale to compare.
What are the special assessments at 40330 Bray Lake Road — and what do they mean?
This property has $147/yr in annual special assessments with additional 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 $4,877/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.

Does 40330 Bray Lake Road have a basement?
Yes, 40330 Bray Lake Road has a basement with 1,440 sq ft of below-grade space.
What type of heating and cooling does 40330 Bray Lake Road have?
40330 Bray Lake Road has Fireplace(s), In-Floor Heating, Outdoor Boiler heating and Ductless Mini-Split cooling.
Where is 40330 Bray Lake Road located?
40330 Bray Lake Road is in Nashwauk, MN 55769, in Itasca County.
Is 40330 Bray Lake Road still available?
Yes — 40330 Bray 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 40330 Bray Lake Road built?
40330 Bray Lake Road was built in 2002. It features log construction, a metal roof, and a slab foundation.
How walkable is 40330 Bray Lake Road?
40330 Bray Lake Road has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 23/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →

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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 10/13/2026, 11:24 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.