Rare opportunity to own property in Crane Lake. Spacious 5 bedroom/3.5 bath home with boat access to Crane Lake sits on the Campy Forty Creek. Historically this property has had many uses in the past and has potential to be a residential home/VRBO or converted to a mixture of commercial uses. Property features over 700' of frontage on the Creek, walk out unfinished basement and an enormous detached 3,426 garage with an apartment attached. Property is connected to the Crane Lake Water Sanitry district and has a combination lake water system/dug well. Oppurtunity awaits!
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Market trends in 55725, MN
Last updated September 2026
Sale-to-List Price
93.2%
0.4% MoM
Median sale price
$275K
$825K MoM
Avg. days on market
384d
346 days MoM
Recently sold homes
2
1 MoM
Provided by Redfin
Sale history for 7475 Crane Lake Rd
Date
Event
Price
NORTHSTARMLS as Distributed by MLS Grid #6550520
Aug 9, 2024
Sold
$450,000
Jun 13, 2024
Pending
—
Jun 9, 2024
Listed
$459,000
RAOR #146840
Aug 9, 2024
Sold
$450,000
Jun 12, 2024
Pending
—
Jun 7, 2024
Listed
$459,000
+29
Rare opportunity to own property in Crane Lake. Spacious 5 bedroom/3.5 bath home with boat access to Crane Lake sits on the Campy Forty Creek. Historically this property has had many uses in the past and has potential to be a residential home/VRBO or converted to a mixture of commercial uses. Property features over 700' of frontage on the Creek, walk out unfinished basement and an enormous detached 3,426 garage with an apartment attached. Property is connected to the Crane Lake Water Sanitry district and has a combination lake water system/dug well. Oppurtunity awaits!
Public Records
Aug 27, 2019
Sold
$63,000
Year
Property tax
Land + Additions
Assessment*
2026
$3,206 (+19.6%)
$56,200 + $231,200
$287,400
2025
$2,680 (+27.3%)
$48,300 + $192,500
$240,800
2024
$2,106 (−2.8%)
$38,896 + $158,977
$197,873
2023
$2,166 (+5.2%)
$38,896 + $158,977
$197,873
2022
$2,058 (+34.0%)
$32,908 + $134,663
$167,571
2021
$1,536 (−2.3%)
$26,385 + $98,438
$124,823
2020
$1,572 (+4.8%)
$26,385 + $98,438
$124,823
2019
$1,500 (−1.3%)
$35,297 + $90,091
$125,388
2018
$1,520 (−1.3%)
$35,388 + $90,109
$125,497
2017
$1,540 (−5.4%)
$35,388 + $90,109
$125,497
2016
$1,628 (+0.9%)
$30,800 + $102,500
$133,300
2014
$1,613 (−10.9%)
$30,800 + $102,500
$133,300
2013
$1,811
$41,500 + $109,200
$150,700
Tax history for 7475 Crane Lake Rd
Year
Property tax
Land + Additions
Assessment*
2026
$3,206 (+19.6%)
$56,200 + $231,200
$287,400
2025
$2,680 (+27.3%)
$48,300 + $192,500
$240,800
2024
$2,106 (−2.8%)
$38,896 + $158,977
$197,873
2023
$2,166 (+5.2%)
$38,896 + $158,977
$197,873
2022
$2,058 (+34.0%)
$32,908 + $134,663
$167,571
2021
$1,536 (−2.3%)
$26,385 + $98,438
$124,823
2020
$1,572 (+4.8%)
$26,385 + $98,438
$124,823
2019
$1,500 (−1.3%)
$35,297 + $90,091
$125,388
2018
$1,520 (−1.3%)
$35,388 + $90,109
$125,497
2017
$1,540 (−5.4%)
$35,388 + $90,109
$125,497
2016
$1,628 (+0.9%)
$30,800 + $102,500
$133,300
2014
$1,613 (−10.9%)
$30,800 + $102,500
$133,300
2013
$1,811
$41,500 + $109,200
$150,700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.