For sale

$389,999

Est. $2,378/mo

•

1,835

sq ft

4979 Highway 7, Mountain Iron, MN 55768

About this home

Welcome to 4979 Highway 7 in Mountain Iron — a well-maintained 4-bedroom, 2-bath home set on approximately 7 acres across two parcels. This property offers the space, storage, and updates buyers are looking for, with a peaceful country setting just minutes from town. Inside, you’ll find a comfortable and functional layout with room to spread out, including a finished lower level that has been redone for added living space. Major updates have already been taken care of, including new steel siding, roof, gutters, soffit, fascia, windows, sliding back door, deck with steel supports, insulated garage doors, updated lighting, newer furnace and A/C, and a newer compliant 4-bedroom septic system. Outside, the property features multiple garage spaces, including an attached garage and a Morton building with updated roofing and insulation, offering excellent storage for vehicles, equipment, tools, or recreational gear. With acreage, updates, and convenient access to Mountain Iron, Virginia, and surrounding Iron Range amenities, this property is a rare opportunity to enjoy space, privacy, and practical updates all in one. Welcome Home!

Single-familyProperty Type

1978Year Built

7.05 acresLot Size

$213Price/Sq.Ft.

2 car garageParking

Listed by Hannah Aldrich • Keller Williams Select Realty

Listing updated: Jul 25, 2026 at 02:23pm

Redfin checked: 3 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #7095475

Payment calculator

$2,378 per month

Principal and interest$2,024

Property taxes

$214

HOA dues

Home insurance

$140

Utilities

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Down payment assistance

View down payment assistance programs for this home

Open houses

No upcoming open houses.

Around this home

Schools

K - 12
Preschool & daycare

Merritt Elementary School

Public PreK-6 • Assigned • 2.5mi

6/10

Mountain Iron-Buhl Secondary

Public 7-12 • Assigned • 2.5mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Offer insights

4979 Highway 7 · $389,999

Strong offer

$390K and above

75% chance or better to win

Why $390K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 23 days.

SALE-TO-LIST

Most homes are selling 1% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Finished basement with daylight/lookout and egress windows
Basement includes storage space and a sump pump
Informal dining area
Fireplace (1)

Bedrooms
4 bedrooms (3 bedrooms on one level)

Bathrooms
One full bathroom (upper level)
One three-quarter bathroom (basement)

Kitchen
Dishwasher
Kitchen window

Laundry & utility
Washer and dryer hook-ups
Electric dryer hookup
Laundry sink (in basement)

Heating & cooling
Forced air heating
Central air conditioning

Sale and tax history for 4979 Highway 7

Sale History
Tax History

Date

Event

Price

RAOR #150305

Jul 20, 2026

Price Changed

$389,999

$213/sq ft

Jul 6, 2026

Listed

$399,999

$218/sq ft

+40

Welcome to 4979 Highway 7 in Mountain Iron — a well-maintained 4-bedroom, 2-bath home set on approximately 7 acres across two parcels. This property offers space, storage, and updates buyers are looking for. Just minutes from town! Inside, you’ll find a comfortable and functional layout with room to spread out, including a finished lower level that has been redone for added living space. Major updates have already been taken care of, including new steel siding, roof, gutters, soffit, fascia, windows, sliding back door, deck with steel supports, insulated garage doors, updated lighting, newer furnace and A/C, and a newer compliant 4-bedroom septic system. Outside, the property features multiple garage spaces, including an attached garage and a Morton building with updated roofing and insulation, offering excellent storage. With acreage, updates, and privacy this is a must see! Welcome Home!

NORTHSTARMLS as Distributed by MLS Grid #7095475

Jul 20, 2026

Price Changed

$389,999

$213/sq ft

Jul 6, 2026

Listed

$399,999

$218/sq ft

Jun 30, 2026

Coming Soon

$399,999

$218/sq ft

Public Records

Jun 28, 2004

Sold

$154,900

$84/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$2,572 (+11.5%)

$35,446 + $231,052

$266,498

2025

$2,306 (+0.2%)

$34,711 + $198,542

$233,253

2024

$2,302 (+4.6%)

$35,911 + $197,605

$233,516

2023

$2,200 (+13.8%)

$35,517 + $180,559

$216,076

2022

$1,934 (+0.4%)

$23,859 + $145,565

$169,424

2021

$1,926 (+3.1%)

$23,859 + $145,565

$169,424

2020

$1,868 (−5.7%)

$23,859 + $145,565

$169,424

2019

$1,980 (+10.5%)

$24,301 + $135,204

$159,505

2018

$1,792 (+15.9%)

$24,301 + $135,204

$159,505

2017

$1,546 (+8.9%)

$20,140 + $119,636

$139,776

2016

$1,420 (−16.2%)

$20,100 + $119,700

$139,800

2014

$1,695 (−12.7%)

$21,800 + $122,000

$143,800

2013

$1,941

$21,800 + $122,000

$143,800

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

4.8 Acres

Year renovated

—

Finished Sq. Ft.

1,280

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,280

Year built

1978

Style

Single Family Residential

County

St. Louis County

APN

175-0071-03795

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 7, 2026.

Climate risks

1/10 Flood Factor

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

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

1/10 Heat Factor

7 days above 90° 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

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Mountain Iron, MN • 55768

Average low and high temperatures (°F)

-3

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

100/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.9 hrs

5.8 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 4979 Highway 7

$381,055

$8,944 under list price of $390K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $210K to $312K.

SOLD JUL 24, 2026
$210,000 Last sold price
3 beds1 bath1,512 sq ft
8426 Centennial Dr, Mountain Iron, MN 55768
$74/sq ft
smaller lot
1 year newer
SOLD JUL 23, 2026
$269,900 Last sold price
3 beds1.5 baths1,814 sq ft
1712 West 2nd St, Eveleth, MN 55734
$64/sq ft
smaller lot
no basement
SOLD JUN 29, 2026
$259,900 Last sold price
3 beds2 baths— sq ft
5458 Garden Dr N, Mountain Iron, MN 55768
smaller lot
26 years older
unfinished basement
SOLD JUL 17, 2026
$213,100 Last sold price
4 beds2 baths1,755 sq ft
811 S 7th St, Virginia, MN 55792
$92/sq ft
smaller lot
25 years older
SOLD JUN 26, 2026
$312,000 Last sold price
4 beds3 baths— sq ft
8780 Fairview Ln, Mountain Iron, MN 55768
smaller lot
6 years older
SOLD MAR 6, 2026
$250,000 Last sold price
3 beds2.5 baths2,203 sq ft
19 Mesabi Dr, Virginia, MN 55792
$100/sq ft
smaller lot
22 years older

Rental earnings

Est. $2,246 per month, based on comparable rentals

Contact listing agent

Hannah Aldrich

Keller Williams Select Realty

218-966-6300

hannah@coeurmn.com

At this time, Redfin doesn't have an agent available to help you with this home.

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Details provided by NORTHSTARMLS as Distributed by MLS Grid and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Open houses

Around this home

Schools

Lifestyle

Offer insights

Property details

Sale and tax history for 4979 Highway 7

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 4979 Highway 7

Contact listing agent

Early Access listings

Nearby similar homes

New listings for sale in 55768

More real estate resources