Life on Swan Lake is beautiful throughout all four seasons and never better than in the summer. Fishing, cruising, swimming, tubing... plus leisurely afternoons parked at the sandbar or pulled up to the dock at MJ's are just some of the ways you can spend your time here. This one-family 4 bed/2 bath home has been lovingly maintained for 50+ years and can now be yours. Here you'll find a mix of vintage charm and timely updates with an incredible lake view and sandy shoreline. Two of the four bedrooms have sliding glass doors that open to a deck on the upper level - what a way to start and end each day! The main level attached, heated sunroom (with windows on 3 sides) has a Vermont Castings gas stove; it's easy to enjoy the outdoors here no matter the weather. Both garages have 240V/50amp electrical service, so bring on the power tools! When it's time for loved ones to gather, this home will be the chosen spot over and over again, with room for tents, campers, yard games, kids, friends, family, pets... or solitude surrounded by woods, water, and wildlife. Or if you're looking for an Airbnb property, this will suit you well. Your 108 feet of shoreline is perfect for docking your boat, kayaks, and personal watercraft - or floating, swimming, and fishing right from your own beach and dock. (That's right, the 72-foot-long dock and boat lift are included.) This property is move-in-ready but at a price point that leaves room for you to make it your own over time. If you have seen this home before, stop back in and look again. A new look and new price will have you planning your move-in date. Swan Lake spans more than 2600 acres and has 18 miles of shoreline. The legendary sandbar, the July Flotilla, walleye fishing, water sports, and a vibrant lakefront boat-in bar/restaurant are all waiting for you here, as well as an excellent 9-hole golf course nearby. PLUS Pengilly is home to a gas/convenience store, a liquor store/bait shop/pizza shop, community center, church, and another sports bar/restaurant. You can be as social as you want or enjoy the peace and quiet of your own lake home surrounded by woods, water, and wildlife. Be sure to read the Owner's Letter included in the photos, and then come home to Swan Lake.
Appliances: Dryer, Electric Water Heater, Freezer, Fuel Tank - Owned, Range, Refrigerator, Washer
Exterior
Building Information
Foundation Area: 864
Roof: Asphalt
Exterior Features
Patio Porch Type: Deck
Exterior Features: Vinyl
Waterfront Information
On Waterfront
Waterfront Features: Lake Front
Lake Bottom: Sand
Waterfront Feet: 106
Road Between Waterfront And Home Y/N: N
Property Information
Above Ground Total Sq. Ft.: 1,728
FractionalOwnershipYN: No
Property Type: Residential
Other Structures: Garage(s), Other
Accessibility Features: Other
Above Grade Finished Area: 1,728
Lot Information
Lot Features: Accessible Shoreline, Tree Coverage - Medium
Lot Size Area: 1.29
Lot Size Units: Acres
Lot Size Dimensions: 100 x 555
Road Frontage Type: Private Road
Road Responsibility: Private Maintained Road
Financial
Tax Information
Tax Annual Amount: $3,217
Tax Year: 2025
Tax With Assessments: $3,298
Financial Information
Free and Clear
Utilities
Utility Information
Water Source: Drilled
Electric: 200+ Amp Service
Power Company Name: Lake Country Power
Sewer: Other
Fuel: Electric,Propane,Wood
Location
School Information
High School District: Nashwauk-Keewatin
School District Number: 319
School District Phone: 2182477306
Location Information
Directions: From Hwy 169 between Grand Rapids and Hibbing, head south on Hwy 65 for 4.6 miles. Turn left on Cty Rd 12 for approximately 1.7 miles. Turn left on Grozy's Point Rd, driveway is about 400 ft down on the right.
Map Coordinate: 999-A1
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,632
Stories: —
Lot Size: 1.29 acres
Style: Single Family Residential
Year Built: 1973
Year Renovated: —
County: Itasca County
APN: 25-420-0030
Home facts updated by county records on Aug 11, 2026
Other
Home Information
Living Area: 1728
Living Area Units: Square Feet
Main Level Finished Area: 864
Building Area Total: 1728
Foundation Details: Block
Foundation Dimensions: 24 x 36
Levels: Two
Around this home
0/100 Car-Dependent14/100 Somewhat bikeable
Schools
Places
Transit
Keewatin Elementary School
Public PreK-6 • Assigned • 8.7mi
3/10
Nashwauk Secondary
Public 7-12 • Assigned • 5.9mi
6/10
Provided by GreatSchools
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 92° 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
Pengilly, MN • 55775
Average low and high temperatures (°F)
15
-2
24
4
39
19
48
29
66
40
74
53
78
58
75
57
73
51
58
39
38
26
22
7
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.