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4 Beds | 2 Baths | 2,542 Sq Ft | Single Family Home | MLS# 7149020
Is 51506 State Highway 46 a Good Deal?
BuyPulse Verdict
Strong Value
At $275/sqft — This home is priced 14% below the Squaw Lake median of $320/sqft.
Powered by the Realgorithm™ — 2 active Squaw Lake listings · NorthstarMLS
$4,113/month Estimated
- Principal & interest
- $3,539
- Property taxes
- $159
- Home insurance (est.)
- $408
- Special assessments
- $7
- HOA dues
- None
20% down ($139,980) · 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 Kallroos Add To Squaw Lake, Squaw Lake, MN.
About This Home
Welcome to this beautifully maintained 3-bedroom ranch-style home in Squaw Lake, where pride of ownership shines throughout! The spacious, open-concept living room, kitchen, and dining area feature impressive 11-foot ceilings, creating a bright and inviting space perfect for everyday living and entertaining. The kitchen is designed to be the heart of the home, featuring custom cabinetry, a large center island with breakfast bar, and a convenient walk-in pantry. The spacious owner's suite offers a private en-suite bath complete with a walk-in tiled shower and sliding glass door leading directly to an impressive 30' x 30' stamped and colored concrete patio. This expansive outdoor living space is a true highlight of the property, offering plenty of room for grilling, outdoor dining, entertaining family and friends, or simply relaxing and enjoying the Northwoods setting. A breezeway/entry provides a welcoming space to greet guests, while the private third bedroom on the upper level offers additional separation and flexibility for family, guests, or a home office. The property currently consists of two separate PID numbers and is intended to be combined into one approximately 4-acre parcel, providing plenty of room to enjoy the Northwoods lifestyle. Outdoor enthusiasts will appreciate the location near numerous area lakes offering excellent fishing and recreational opportunities, along with abundant hunting opportunities throughout the surrounding area. Snowmobile and ATV trails are also nearby, making this a great home base for enjoying Northern Minnesota recreation throughout the seasons. For an even more unique opportunity, the nearby hotel and commercial laundromat property is also available for sale. Purchase the home separately or explore the possibility of acquiring both properties together for a combination of residential and commercial use. A well-cared-for home offering space, an incredible outdoor entertaining area, recreation, and a unique opportunity in the Squaw Lake area!
Key Features
- Built
- 2007
- Garage
- 4-Car Detached
- Style
- Two
- HOA
- None
- Annual Taxes
- $1,905 (2026)
- Specials/yr
- $81
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 2,542
- Lot Size
- 2.65 acres
- Basement
- Yes
- Roof
- Age Over 8 Years, Architectural Shingle, Pitched
- Construction
- Frame
- County
- Itasca
- List Date
- 2026-10-02
- Days on Market
- 10 days
- Parcel ID
- 964200011
Financial
- Total Tax incl. Assessments
- $1,986
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Forced Air, Fireplace(s), In-Floor Heating
- Cooling
- Central Air
- Electric
- 200+ Amp Service
- Water
- Drilled
- Sewer
- Tank with Drainage Field
- Appliances
- Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Softener Owned
Interior Features
- Laundry
- Main Level
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 2,542 sqft
- Total Building Area
- 2,542 sqft
Exterior Features
- Exterior Features
- Engineered Wood, Metal
- Other Structures
- Barn(s), Storage Shed
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Detached Garage, Gravel, Heated Garage
Lot & Land
- Lot Features
- Tree Coverage - Medium
- Road Surface
- State Road
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- Elite Realty Minnesota
Price History
Listed at $699,900 on Sep 28, 2026 — No price changes
51506 State Highway 46 is listed in Squaw Lake, MN, part of Itasca County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 51506 State Highway 46
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View Full Listing & PhotosMLS# 7149020 · Data refreshed October 2, 2026
Frequently Asked Questions About 51506 State Highway 46
- Is $699,900 a good price for a home in Squaw Lake?
- According to BuyPulse, 51506 State Highway 46 rates Strong Value — at $275/sqft it's priced 14% below the Squaw Lake median of $320/sqft. Powered by the Realgorithm™. Browse Squaw Lake homes for sale to compare.
- What are the special assessments at 51506 State Highway 46 — 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 $1,905/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 51506 State Highway 46 have a basement?
- Yes, 51506 State Highway 46 has a basement.
- What type of heating and cooling does 51506 State Highway 46 have?
- 51506 State Highway 46 has Forced Air, Fireplace(s), In-Floor Heating and Central Air cooling.
- Where is 51506 State Highway 46 located?
- 51506 State Highway 46 is in the Kallroos Add neighborhood of Squaw Lake, MN 56681, in Itasca County.
- Is 51506 State Highway 46 still available?
- Yes — 51506 State Highway 46 is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 51506 State Highway 46 built?
- 51506 State Highway 46 was built in 2007. It features frame construction and a block foundation.
- Does 51506 State Highway 46 have main-floor laundry?
- Yes — the laundry at 51506 State Highway 46 is on the main level.
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Squaw Lake 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.