117 Loon Lake Rd is a 528 square foot property on a 0.54 acre lot with 2 bedrooms and 1 bathroom. - it last sold on April 02, 2026 for $215,000. Based on Redfin's Grand Marais data, we estimate the home's value is $354,487.
1975Year Built
0.54 acresLot Size
$671Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$354,487
$139K since sold in April 2026
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 13.3% lower than the average sale price ($409K) of 6 comparable homes.
Your own cozy knotty pine cottage on 150' feet of Loon Lake. Two bedrooms and one bathroom. One bedroom is furnished with a queen sized bed and the other bedroom has a double bed and pine bunk beds. The living space allows you to continue to enjoy the lake view from the large picture window. Enjoy casting from your dock while in awe of the breathtaking sunsets. Call today for your private showing.
NORTHSTARMLS as Distributed by MLS Grid #MAM27005
Aug 27, 2009
Listed
$274,500
$520/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$2,310 (+2.9%)
$157,300 + $121,900
$279,200
2025
$2,244 (+18.7%)
$157,300 + $123,700
$281,000
2024
$1,890 (+7.8%)
$149,500 + $92,400
$241,900
2023
$1,754 (+17.7%)
$159,000 + $55,000
$214,000
2022
$1,490 (−54.9%)
$122,000 + $42,800
$164,800
2021
$3,302 (+94.7%)
$122,000 + $42,300
$164,300
2020
$1,696 (+15.1%)
$115,000 + $42,400
$157,400
2019
$1,474 (+3.1%)
$115,000 + $43,300
$158,300
2018
$1,430 (+10.0%)
$109,800 + $52,300
$162,100
2017
$1,300 (+9.4%)
$109,800 + $52,300
$162,100
2016
$1,188 (+5.7%)
$109,800 + $52,300
$162,100
2015
$1,124 (+3.7%)
$109,800 + $52,300
$162,100
2014
$1,084 (+1.9%)
$109,800 + $52,300
$162,100
2012
$1,064
$109,800 + $52,300
$162,100
Tax history for 117 Loon Lake Rd
Year
Property tax
Land + Additions
Assessment*
2026
$2,310 (+2.9%)
$157,300 + $121,900
$279,200
2025
$2,244 (+18.7%)
$157,300 + $123,700
$281,000
2024
$1,890 (+7.8%)
$149,500 + $92,400
$241,900
2023
$1,754 (+17.7%)
$159,000 + $55,000
$214,000
2022
$1,490 (−54.9%)
$122,000 + $42,800
$164,800
2021
$3,302 (+94.7%)
$122,000 + $42,300
$164,300
2020
$1,696 (+15.1%)
$115,000 + $42,400
$157,400
2019
$1,474 (+3.1%)
$115,000 + $43,300
$158,300
2018
$1,430 (+10.0%)
$109,800 + $52,300
$162,100
2017
$1,300 (+9.4%)
$109,800 + $52,300
$162,100
2016
$1,188 (+5.7%)
$109,800 + $52,300
$162,100
2015
$1,124 (+3.7%)
$109,800 + $52,300
$162,100
2014
$1,084 (+1.9%)
$109,800 + $52,300
$162,100
2012
$1,064
$109,800 + $52,300
$162,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Heating & Cooling
Heating Type: Wood
Exterior
Exterior Information
Building Style Type: Cabin
Construction Type: Frame
Roof Covering Type: Metal
Roof Shape Type: Gable
Property Information
Subdivision Name: LOON LAKE HOMESITES
Living Sq. Ft: 528
Building Sq. Ft: 528
Legal Description: LOON LK HOMESITES LOT 3 BLK 2 & 1/20 INTEREST OUTLOT A
Lot Information
# of Buildings: 1
Land Sq. Ft: 23,522
Legal Lot Number: 3
Legal Block Number: 2
Municipality Name: UNORG RGE 3W
Acres: 0.54
County Use Description: SHORT TERM RENTAL
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 528
Stories: —
Lot Size: 0.54 acres
Style: Other
Year Built: 1975
Year Renovated: 1995
County: Cook County
APN: 50-580-0203
Home facts updated by county records on Jul 10, 2026
Around this home
Schools
Sawtooth Mountain Elementary School
Public PreK-5 • Assigned • 26.3mi
4/10
Cook County Middle School
Public 6-8 • Assigned • 26.3mi
4/10
Cook County Senior High School
Public 9-12 • Assigned • 26.3mi
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
0.31% 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
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42
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29
26
12
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.