OFF MARKET

Off market nov 2020 for $86K

$157,833

Est. refi paymentEst. refi $588/mo

Land

•

9.54

acres (lot)

48 Caspers Hill Rd, Grand Marais, MN 55604

About this home

Cabin in the woods or dream house in the country? This gently sloped lot should not be missed! Nice mixture of trees: birch, poplar, black ash, and maple. Just under ten acres, south facing lot with electricity, broadband, and a drilled well! Garage on site ready to store your supplies while you build your dream. Distant seasonal Lake Superior views possible with a little thinning of your forest. Year round access off County maintained roads--private road to driveway. Sensible covenants, conditions, and restrictions in place along with private road maintenance. Take a walk through this woodland parcel and plan your own oasis!

Vacant landProperty Type

9.54 acresLot Size

$16,544Price/Acres

Listed by Julie J. Carlson

Bought with Jessica Smith • Red Pine Realty

Redfin checked: 2 minutes ago

•Source:LSAR as distributed by WIREX #6092975

Redfin Estimate

$157,833

$72K since sold in November 2020$6,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 54.1% lower than the average sale price ($344K) of 6 comparable homes.

SOLD SEP 14, 2026
$210,000
A
1 bed1 bath672 sq ft
16 Ary Point Rd, Hovland, MN 55606
SOLD JUL 15, 2026
$530,000
B
1 bed1 bath823 sq ft
XX Greenwood Lake Rd Unit Island Property, East Cook, MN 55604
SOLD SEP 10, 2026
$450,000
C
2 beds1 bath1,015 sq ft
54 Caps Trl, Lutsen, MN 55612
SOLD JUN 3, 2026
$365,000
D
1 bed— baths389 sq ft
2947 Highway 61 W, Grand Marais, MN 55604
SOLD JUL 23, 2026
$199,900
E
— beds— baths252 sq ft
4635 Highway 61 E, Hovland, MN 55606
SOLD JUL 14, 2026
$310,000
F
3 beds1 bath— sq ft
134 Rollins Rdg, Tofte, MN 55615

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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

98.1%

1.5% MoM

Median sale price

$516K

$91K MoM

Avg. days on market

35d

15 days MoM

Recently sold homes

6 MoM

New listings for sale

3D WALKTHROUGH
$209,900
1 bed1 bath517 sq ft
3131 Hwy 61 E, Grand Marais, MN 55604
$299,000
5 beds2 baths1,908 sq ft
346 County Rd 48, Grand Marais, MN 55604
$2,300,000
4 beds4 baths3,254 sq ft
41 W Rosebush Ln, Grand Marais, MN 55604
$374,900
2 beds1 bath1,216 sq ft
1471 County Road 14, Grand Marais, MN 55604
See all

Provided by Redfin

Sale history for 48 Caspers Hill Rd

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Year

Property tax

Land + Additions

Assessment*

2026

$1,148 (+9.5%)

$47,700 + $109,900

$157,600

2025

$1,048 (+41.6%)

$47,700 + $103,700

$151,400

2024

$740 (−6.6%)

$45,600 + $65,300

$110,900

2023

$792 (−5.5%)

$50,000 + $62,400

$112,400

2022

$838 (+1.9%)

$45,500 + $48,000

$93,500

2021

$822 (+17.8%)

$45,500 + $47,300

$92,800

2020

$698 (+3.3%)

$55,000 + $24,300

$79,300

2019

$676 (+6.6%)

$55,000 + $20,800

$75,800

2018

$634 (+10.1%)

$54,600 + $20,800

$75,400

2017

$576 (+10.8%)

$54,600 + $21,000

$75,600

2016

$520 (+42.9%)

$54,600 + $21,000

$75,600

2015

$364 (−6.7%)

$42,500 + $13,900

$56,400

2014

$390 (−5.3%)

$49,700 + $13,900

$63,600

2012

$412

$54,500 + $13,900

$68,400

Tax history for 48 Caspers Hill Rd

Year

Property tax

Land + Additions

Assessment*

2026

$1,148 (+9.5%)

$47,700 + $109,900

$157,600

2025

$1,048 (+41.6%)

$47,700 + $103,700

$151,400

2024

$740 (−6.6%)

$45,600 + $65,300

$110,900

2023

$792 (−5.5%)

$50,000 + $62,400

$112,400

2022

$838 (+1.9%)

$45,500 + $48,000

$93,500

2021

$822 (+17.8%)

$45,500 + $47,300

$92,800

2020

$698 (+3.3%)

$55,000 + $24,300

$79,300

2019

$676 (+6.6%)

$55,000 + $20,800

$75,800

2018

$634 (+10.1%)

$54,600 + $20,800

$75,400

2017

$576 (+10.8%)

$54,600 + $21,000

$75,600

2016

$520 (+42.9%)

$54,600 + $21,000

$75,600

2015

$364 (−6.7%)

$42,500 + $13,900

$56,400

2014

$390 (−5.3%)

$49,700 + $13,900

$63,600

2012

$412

$54,500 + $13,900

$68,400

*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

Lot width

—

Lot depth

—

Lot size

9.54 Acres

Year renovated

2011

Sq. Ft.

576

Year built

2011

Style

Other

County

Cook County

APN

55-229-3350

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 22, 2026.

Property details

Parking

Parking/Garage Information
Parking Features: Gravel

Interior

Interior Features
Interior Features: High Speed Internet

Exterior

Building Information
Development Status: Raw Land

Property Features
Has View

Property Information
Property Type: Land
Raw Mls Property Sub Type: Recreational

Lot Information
Lot Features: Many Trees, Rolling Slope
Road Responsibility: Private Maintained Road
Road Frontage Type: Private Road
Lot Size Dimensions: 640 x 660
Lot Size Acres: 9.54

Financial

Tax Information
Tax Annual Amount: $698

Utilities

Utility Information
Water Source: Well, Private
Utilities: Electricity Available

Location

HOA Information
Association Fee Includes: Snow Removal

Schools Information
High School District: Cook County #166

Location Information
Directions: From Grand Marais, travel East on Highway 61 approximately 11 miles to the East end of County Road 14. Left (North) on County Road 14, 1.2 miles. Turn right onto Caspers Hill Rd to address.

Public facts

Beds: —
Baths: —
Sq. Ft.: 576
Stories: 1.0
Lot Size: 9.54 acres
Style: Other
Year Built: 2011
Year Renovated: 2011
County: Cook County
APN: 55-229-3350

Home facts updated by county records on Apr 22, 2026

Around this home

Schools

Sawtooth Mountain Elementary School

Public PreK-5 • Assigned • 11.7mi

4/10

Cook County Middle School

Public 6-8 • Assigned • 11.7mi

4/10

Cook County Senior High School

Public 9-12 • Assigned • 11.7mi

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

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

1/10 Heat Factor

7 days above 82° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 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

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New listings for sale in 55604

3D WALKTHROUGH

$209,900

1 bed1 bath517 sq ft

3131 Hwy 61 E, Grand Marais, MN 55604

$299,000

5 beds2 baths1,908 sq ft

346 County Rd 48, Grand Marais, MN 55604

$2,300,000

4 beds4 baths3,254 sq ft

41 W Rosebush Ln, Grand Marais, MN 55604

$374,900

2 beds1 bath1,216 sq ft

1471 County Road 14, Grand Marais, MN 55604

Home values near 48 Caspers Hill Rd

Data from public records.

Address	Redfin Estimate
44 Caspers Hill Rd, Grand Marais, MN 3 Beds \| 2.5 Baths \| 2003 Sq. Ft.	$441,704
50 Caspers Hill Rd, Grand Marais, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$338,847

Address	Redfin Estimate
80 Caspers Hill Rd, Grand Marais, MN 3 Beds \| 1 Baths \| 984 Sq. Ft.	$348,193
52 Caspers Hill Rd, Grand Marais, MN 3 Beds \| 1 Baths \| 1092 Sq. Ft.	$432,664

Address	Redfin Estimate
122 Caspers Hill Rd, Grand Marais, MN 2 Beds \| 2 Baths \| 1920 Sq. Ft.	$536,298
28 Caspers Hill Rd, Grand Marais, MN 3 Beds \| 2 Baths \| 1835 Sq. Ft.	$424,150

Property information provided by LSAR as distributed by WIREX when last listed in 2020. This data may not match . Learn more.

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