Google street view image for 101 Magnetic Lake, Grand Marais, MN 55604

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Sold

$797,912

Est. refi paymentEst. refi $1,743/mo

•

1 ba

•

2,071

sq ft

101 Magnetic Lake, Grand Marais, MN 55604

About this home

Beautiful log cabin on Magnetic Lake overlooking the Canadian shoreline. Main sructure and all hard work is done. Cabin is usable, but not completely done. Ready for finishing work and touches to make it YOUR dream home!

1990Year Built

4 acresLot Size

$385Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$797,912

$503K since sold in October 2011$9,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 57.6% higher than the average sale price ($506K) of 6 comparable homes.

SOLD SEP 15, 2026
$349,000
A
2 beds2.5 baths1,400 sq ft
192 W Deeryard Lake Rd, Lutsen, MN 55612
SOLD JUN 1, 2026
$567,000
B
2 beds2 baths1,872 sq ft
28 Caps Trl, Lutsen, MN 55612
SOLD JUN 11, 2026
$545,000
C
2 beds2 baths1,440 sq ft
261 Caps Trl, Lutsen, MN 55612
SOLD AUG 31, 2026
$550,000
D
2 beds0.5 baths2,400 sq ft
15 Blankenburg Ln, Grand Marais, MN 55604
SOLD OCT 1, 2026
$596,500
E
3 beds2 baths2,240 sq ft
147 Foothill Blvd, Lutsen, MN 55612
SOLD AUG 20, 2026
$430,000
F
2 beds1.5 baths1,560 sq ft
465 S Gunflint Lk, Grand Marais, MN 55604

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Earn from this home

Refinance

Est. cash available

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Market trends in 55604, MN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

97.5%

0.6% MoM

Median sale price

$487K

$29K MoM

Avg. days on market

40d

5 days MoM

Recently sold homes

3 MoM

New listings for sale

3D WALKTHROUGH
$789,900
3 beds3 baths2,731 sq ft
475 County Rd 60, Grand Marais, MN 55604
3D WALKTHROUGH
$539,000
1 bed1 bath784 sq ft
14 A Terrace Pt Unit A, Grand Marais, MN 55604
3D WALKTHROUGH
$539,000
1 bed1 bath784 sq ft
14 B Terrace Pt, Grand Marais, MN 55604
See all

Provided by Redfin

Sale history for 101 Magnetic Lake

Year

Property tax

Land + Additions

Assessment*

2026

$5,492 (+4.4%)

$227,500 + $498,500

$726,000

2025

$5,262 (+13.5%)

$227,500 + $479,400

$706,900

2024

$4,638 (+13.8%)

$205,100 + $436,600

$641,700

2023

$4,074 (−2.6%)

$250,500 + $298,100

$548,600

2022

$4,182 (+4.4%)

$184,600 + $263,700

$448,300

2021

$4,006 (−0.5%)

$184,600 + $246,900

$431,500

2020

$4,028 (−2.5%)

$177,600 + $249,600

$427,200

2019

$4,130 (+31.9%)

$177,600 + $249,600

$427,200

2018

$3,130 (+9.5%)

$114,900 + $228,000

$342,900

2017

$2,858 (+9.1%)

$114,900 + $228,000

$342,900

2016

$2,620 (+5.4%)

$114,900 + $228,000

$342,900

2015

$2,486 (+3.2%)

$114,900 + $228,000

$342,900

2014

$2,410 (+29.6%)

$114,900 + $228,000

$342,900

2012

$1,860

$97,900 + $175,000

$272,900

Tax history for 101 Magnetic Lake

Year

Property tax

Land + Additions

Assessment*

2026

$5,492 (+4.4%)

$227,500 + $498,500

$726,000

2025

$5,262 (+13.5%)

$227,500 + $479,400

$706,900

2024

$4,638 (+13.8%)

$205,100 + $436,600

$641,700

2023

$4,074 (−2.6%)

$250,500 + $298,100

$548,600

2022

$4,182 (+4.4%)

$184,600 + $263,700

$448,300

2021

$4,006 (−0.5%)

$184,600 + $246,900

$431,500

2020

$4,028 (−2.5%)

$177,600 + $249,600

$427,200

2019

$4,130 (+31.9%)

$177,600 + $249,600

$427,200

2018

$3,130 (+9.5%)

$114,900 + $228,000

$342,900

2017

$2,858 (+9.1%)

$114,900 + $228,000

$342,900

2016

$2,620 (+5.4%)

$114,900 + $228,000

$342,900

2015

$2,486 (+3.2%)

$114,900 + $228,000

$342,900

2014

$2,410 (+29.6%)

$114,900 + $228,000

$342,900

2012

$1,860

$97,900 + $175,000

$272,900

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

1.5

Lot width

314 ft.

Lot depth

—

Lot size

4 Acres

Year renovated

2005

Sq. Ft.

2,071

Year built

1990

Style

Other

County

Cook County

APN

50-519-2227

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 22, 2026.

Property details

Around this home

Schools

Sawtooth Mountain Elementary School

Public PreK-5 • Assigned • 31.0mi

4/10

Cook County Middle School

Public 6-8 • Assigned • 31.0mi

4/10

Cook County Senior High School

Public 9-12 • Assigned • 31.0mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.62% chance of being in a wildfire in next 30 years

1/10 Heat Factor

7 days above 88° expected this year, 12 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

0 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Grand Marais, MN • 55604

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

3D WALKTHROUGH

$789,900

3 beds3 baths2,731 sq ft

475 County Rd 60, Grand Marais, MN 55604

Wooded acres • Two-story windows • Inviting loft

$225,000

— beds— baths360 sq ft

109 Sobanja Ln, Grand Marais, MN 55604

Colored siding • Deck wraps cabin • 6.09 acre lot

3D WALKTHROUGH

$397,000

2 beds2 baths1,389 sq ft

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Custom built home • 11 wooded acres • Open vaulted loft

$175,000

2 beds2 baths1,100 sq ft

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Riverfront oasis • Private wooded acres • Local waterfalls

$399,500

1 bed1 bath893 sq ft

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Log home • Working kitchen • Wood burning stove

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3 beds2 baths1,984 sq ft

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Maple cabinetry • Granite countertops • Ceramic tile

New listings for sale in 55604

3D WALKTHROUGH

$789,900

3 beds3 baths2,731 sq ft

475 County Rd 60, Grand Marais, MN 55604

Wooded acres • Two-story windows • Inviting loft

3D WALKTHROUGH

$539,000

1 bed1 bath784 sq ft

14 A Terrace Pt Unit A, Grand Marais, MN 55604

Sweeping views • Cambria countertops • Tiled floors

3D WALKTHROUGH

$539,000

1 bed1 bath784 sq ft

14 B Terrace Pt, Grand Marais, MN 55604

Sweeping views • Cambria countertops • Tiled floors

Home values near 101 Magnetic Lake

Data from public records.

Address	Redfin Estimate
391 Gunflint Narrows, Grand Marais, MN 1 Beds \| - Baths \| 768 Sq. Ft.	$343,737
387 Gunflint Narrows, Grand Marais, MN 3 Beds \| 1 Baths \| 2064 Sq. Ft.	$567,051

Address	Redfin Estimate
434 Gunflint Narrows, Grand Marais, MN 2 Beds \| - Baths \| 784 Sq. Ft.	$649,509
201 N Gunflint Lake, Grand Marais, MN 2 Beds \| 1.5 Baths \| 1120 Sq. Ft.	$538,171

Address	Redfin Estimate
408 Gunflint Narrows, Grand Marais, MN 2 Beds \| 1 Baths \| 952 Sq. Ft.	$496,287
199 N Gunflint Lake, Grand Marais, MN 1 Beds \| 1 Baths \| 1404 Sq. Ft.	$416,538

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