Nestled on a peaceful hillside, this beautifully maintained rambler offers breathtaking lake views from nearly every window. With two bedrooms, two bathrooms, and main-floor living that is fully accessible, this home is a destination for comfort and relaxation. This home features an open floor plan that seamlessly connects the spacious kitchen, sunlit dining area, and sizeable living room—all perfect for entertaining or simply soaking in the serene surroundings. Enjoy panoramic views year-round from the four-season room, an ideal spot to unwind with your morning coffee or watch the sunset over the water. The oversized 2-stall garage offers ample storage, including 640 square feet of finished space, perfect for lake toys, workshop needs, or an additional recreation area. Recent updates include a connection to the community septic system, ensuring convenience and peace of mind. Don’t miss your chance to experience the best of lakeside living—call today for your private tour!
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Market trends in 55991, MN
Last updated September 2026
Sale-to-List Price
99.9%
+0.0% MoM
Median sale price
$400K
$40K MoM
Avg. days on market
12d
6 days MoM
Recently sold homes
7
2 MoM
Provided by Redfin
Sale history for 40543 Ryans Bay Rd
Date
Event
Price
NORTHSTARMLS as Distributed by MLS Grid #6680541
Jun 25, 2025
Sold
$490,000
May 14, 2025
Pending
—
Mar 31, 2025
Price Changed
$499,900
Mar 4, 2025
Listed
$514,900
NORTHSTARMLS as Distributed by MLS Grid #6567688
Jan 1, 2025
Listing Removed
—
Sep 25, 2024
Price Changed
$519,900
Aug 19, 2024
Price Changed
$529,900
Jul 29, 2024
Listed
$549,900
NORTHSTARMLS as Distributed by MLS Grid #5063835
Dec 9, 2018
Listing Removed
—
Jan 30, 2014
Sold
$61,500
Apr 10, 2013
Listed
$79,900
+1
Great view of Ryans Bay on Lake Zumbro. This 1 bedroom 1 bath home needs some work, but has huge potential for 2 additional basement bedrooms with its huge sqft. Features include vaulted ceiling, 4 season porch, tile, and extra large garage.
Public Records
Feb 27, 2015
Sold
$240,000
Public Records
May 21, 1999
Sold
$97,000
Year
Property tax
Land + Additions
Assessment*
2026
$4,358 (−27.7%)
$75,000 + $495,200
$570,200
2025
$6,024 (+13.1%)
$75,000 + $450,400
$525,400
2024
$5,324 (+9.1%)
$75,000 + $428,300
$503,300
2023
$4,880 (+8.7%)
$66,000 + $364,700
$430,700
2022
$4,490
2021
$4,494 (−0.8%)
2020
$4,528 (+15.3%)
2019
$3,928 (−2.6%)
2018
$4,034 (+26.7%)
$49,784 + $269,516
$319,300
2017
$3,184 (+8.0%)
$48,868 + $221,632
$270,500
2016
$2,948 (−2.3%)
$48,112 + $191,788
$239,900
2015
$3,018 (+6.4%)
$51,000 + $204,400
$255,400
2014
$2,836 (+10.7%)
$51,000 + $206,600
$257,600
2013
$2,562
$51,000 + $207,700
$258,700
Tax history for 40543 Ryans Bay Rd
Year
Property tax
Land + Additions
Assessment*
2026
$4,358 (−27.7%)
$75,000 + $495,200
$570,200
2025
$6,024 (+13.1%)
$75,000 + $450,400
$525,400
2024
$5,324 (+9.1%)
$75,000 + $428,300
$503,300
2023
$4,880 (+8.7%)
$66,000 + $364,700
$430,700
2022
$4,490
2021
$4,494 (−0.8%)
2020
$4,528 (+15.3%)
2019
$3,928 (−2.6%)
2018
$4,034 (+26.7%)
$49,784 + $269,516
$319,300
2017
$3,184 (+8.0%)
$48,868 + $221,632
$270,500
2016
$2,948 (−2.3%)
$48,112 + $191,788
$239,900
2015
$3,018 (+6.4%)
$51,000 + $204,400
$255,400
2014
$2,836 (+10.7%)
$51,000 + $206,600
$257,600
2013
$2,562
$51,000 + $207,700
$258,700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.