Classic handscribed log cabin with 2 BR plus spacious loft located on a truly stunning lakeshore property. Nestled among towering pines with 125' of south facing lakeshore and 3 wooded acres, this is a "keeper!" Open design, wood burning stone fireplace, pine planking flooring throughout, stainless appliances, natural light, and unforgettable lake views. Newly built boathouse, south facing deck for entertaining, and covered entry porch add to the charm of this one of a kind property. Towering pines, rocky outcroppings, and a huge rock to enjoy your morning coffee taking in the incredible big water views! Includes septic system and drilled well. Only 15 minutes from Cook and off a paved road. "A winding driveway and a gem at the end!"
Single-familyProperty Type
1988Year Built
3.04 acresLot Size
Listed by Barbara Hegg• Vermilion Land Office, Inc.
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Refinance
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$2,014/mo
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Market trends in 55723, MN
Last updated September 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-List Price
92.5%
2.6% MoM
Median sale price
$169K
$18K MoM
Avg. days on market
77d
44 days MoM
Recently sold homes
8
1 MoM
Provided by Redfin
Sale history for 8938 Raps Rd
Date
Event
Price
NORTHSTARMLS as Distributed by MLS Grid #5646130
Sep 15, 2020
Sold
$550,000
Sep 3, 2020
Pending
—
Aug 24, 2020
Listed
$592,500
LSAR as distributed by WIREX #6092572
Sep 15, 2020
Sold
$550,000
Aug 24, 2020
Listed
$592,500
+28
Classic handscribed log cabin with 2 BR plus spacious loft located on a truly stunning lakeshore property. Nestled among towering pines with 125' of south facing lakeshore and 3 wooded acres, this is a "keeper!" Open design, wood burning stone fireplace, pine planking flooring throughout, stainless appliances, natural light, and unforgettable lake views. Newly built boathouse, south facing deck for entertaining, and covered entry porch add to the charm of this one of a kind property. Towering pines, rocky outcroppings, and a huge rock to enjoy your morning coffee taking in the incredible big water views! Includes septic system and drilled well. Only 15 minutes from Cook and off a paved road. "A winding driveway and a gem at the end!"
RAOR #140122
Sep 15, 2020
Sold
$550,000
Aug 21, 2020
Listed
$592,500
Classic hand-scribed log cabin with 2 BR plus spacious loft located on a truly stunning lakeshore property. Nestled among towering pines with 125' of south facing lakeshore and 3 wooded acres, this is a "keeper!" Open design, wood burning stone fireplace, pine planking flooring throughout, stainless appliances, natural light, and unforgettable lake views. Newly built boathouse, south facing deck for entertaining, and covered entry porch add to the charm of this one of a kind property. Towering pines, rocky outcroppings, and a huge rock to enjoy your morning coffee taking in the incredible big water views! Includes septic system and drilled well. Only 15 minutes from Cook and off a paved road. "A winding driveway and a gem at the end!"
RAOR #109096
Jun 29, 2013
Sold
$429,000
Jun 24, 2008
Listed
$459,000
NORTHSTARMLS as Distributed by MLS Grid #MAM6000428
Jun 20, 2008
Listed
$459,000
NORTHSTARMLS as Distributed by MLS Grid #MAM24427
Jun 20, 2008
Listed
$749,000
NORTHSTARMLS as Distributed by MLS Grid #MAM25457
Jun 20, 2008
Listed
$599,000
Year
Property tax
Land + Additions
Assessment*
2026
$8,022 (+4.1%)
$223,500 + $507,900
$731,400
2025
$7,704 (+7.2%)
$223,500 + $507,900
$731,400
2024
$7,186 (+17.4%)
$213,100 + $460,800
$673,900
2023
$6,120 (+34.9%)
$184,700 + $365,400
$550,100
2022
$4,536
$158,000 + $205,000
$363,000
2021
$4,534 (−0.9%)
$158,000 + $202,300
$360,300
2020
$4,576 (+1.1%)
$158,000 + $202,300
$360,300
2019
$4,526 (+3.6%)
$169,000 + $186,700
$355,700
2018
$4,370 (+2.3%)
$169,000 + $167,400
$336,400
2017
$4,270
$156,400 + $167,400
$323,800
2016
$4,274 (−3.2%)
$156,400 + $167,400
$323,800
2014
$4,414 (+0.5%)
$155,400 + $166,400
$321,800
2013
$4,394
$155,400 + $166,400
$321,800
Tax history for 8938 Raps Rd
Year
Property tax
Land + Additions
Assessment*
2026
$8,022 (+4.1%)
$223,500 + $507,900
$731,400
2025
$7,704 (+7.2%)
$223,500 + $507,900
$731,400
2024
$7,186 (+17.4%)
$213,100 + $460,800
$673,900
2023
$6,120 (+34.9%)
$184,700 + $365,400
$550,100
2022
$4,536
$158,000 + $205,000
$363,000
2021
$4,534 (−0.9%)
$158,000 + $202,300
$360,300
2020
$4,576 (+1.1%)
$158,000 + $202,300
$360,300
2019
$4,526 (+3.6%)
$169,000 + $186,700
$355,700
2018
$4,370 (+2.3%)
$169,000 + $167,400
$336,400
2017
$4,270
$156,400 + $167,400
$323,800
2016
$4,274 (−3.2%)
$156,400 + $167,400
$323,800
2014
$4,414 (+0.5%)
$155,400 + $166,400
$321,800
2013
$4,394
$155,400 + $166,400
$321,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.