27303 Island Trail
Park Rapids, MN 56470
- 3 beds
- 2 baths
- 2,138 sqft
- ~6 acre lot
- $374 per sqft
- 2000 build
- – on site
Set on 5.5 level acres with 700 feet of private shoreline, this Island Lake estate offers the perfect combination of privacy, recreation, and income potential. The home has been thoughtfully expanded over the years, offering a spacious living area and large renovated kitchen making it perfect for entertaining. Natural light floods the open living areas drawing your attention to the panoramic lake views. Imagine boating over to the restaurant on the lake for a meal with friends, or enjoying the peaceful solitude of your private sandy beach. Spend your days swimming, kayaking, or fishing in this abundant lake known for its diverse variety of fish. A boathouse down by the shore provides the perfect spot to clean your catch and store your gear. The property’s cement-floor pole barn is a perfect addition for those who enjoy boating, snowmobiling, or ATV riding. There’s plenty of space for storing all your equipment, and the RV hookup, and hot tub wiring make hosting family and friends a breeze. For outdoor enthusiasts, with direct access to 400+ miles of groomed ATV and snowmobile trails and with public hunting land, golf courses and Itasca State Park just minutes away, this property offers year-round adventures. This estate offers amazing income potential through short-term rentals. With the area being home to highly sought-after VRBOs that are often booked many months in advance, you can earn income while still enjoying the lifestyle of your dreams. Island Lake offers a rare opportunity to own a home that blends history, modern convenience, and natural beauty. This is more than just a property—it's a lifestyle. Don’t let this chance slip away. Call today to schedule your private tour.
Last checked:
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Last updated Mar 16, 2025
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MLS# 6682375 —
Upcoming Open Houses
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Saturday, 4/5
12pm-2pm
The Building
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Year Built:2000
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New Construction:false
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Age Of Property:25
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Construction Materials:Metal Siding, Stucco, Vinyl Siding
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Construction Materials Desc:Block,Concrete,Frame
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Roof:Age Over 8 Years, Asphalt
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Accessibility Features:None
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Levels:One and One Half
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Main Level Finished Area:1565.0000
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Basement:Block, Crawl Space, Daylight/Lookout Windows, Egress Window(s), Full, Concrete, Partially Finished, Storage/Locker, Storage Space
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Basement:true
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Foundation Area:1565
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Manufactured Home:No
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Building Area Total:2741
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Above Grade Finished Area:1926
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Below Grade Finished Area:212
Interior
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Dining Room Description:Breakfast Bar,Breakfast Area,Eat In Kitchen,Kitchen/Dining Room,Separate/Formal Dining Room
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Fireplace:true
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Fireplaces Total:1
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Fireplace Features:Family Room, Free Standing, Gas
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Amenities:Ceiling Fan(s),Deck,Dock,Ethernet Wired,Exercise Room,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Paneled Doors,Porch,Panoramic View,In-Ground Sprinkler,Washer/Dryer Hookup,Walk-In Closet
Room Dimensions
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Living Area:2138
Location
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Directions:North on Hwy 71. Right onto County Rd 89. Left onto Island Lake Drive. Stay Left to go down Island Trail. Stay Left, and go down driveway to the left of Polebarn to property.
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Latitude:47.057375
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Longitude:-95.106877
The Property
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Parcel Number:020301700
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Zoning Description:Shoreline,Residential-Single Family
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Subtype:Acreage,Cabin,Rural Residential
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Property Attached:false
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Additional Parcels:false
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Lot Features:Accessible Shoreline, Tree Coverage - Medium
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Lot Size Area:5.53
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Lot Size Dimensions:Irregular
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Lot Size SqFt:240886.8
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Lot Size Units:Acres
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Topography:Level
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View:Bay, East, Lake, Panoramic
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Lake Chain:Y
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Lake Chain Name:Potato
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Lake Chain Acreage:3060
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Lake Acres:541
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Lake Depth:65
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Lake Bottom:Hard,Reeds,Sand,Excellent Sand
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Water Body Name:Island Lake (Arago Twp.)
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Waterfront Slope:Level
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Waterfront Feet:700
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Waterfront Elevation:0-4
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Road Frontage Type:Private Road
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Road Responsibility:Private Maintained Road
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Water Source:Drilled, Private, Well
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Other Structures:Additional Garage, Boat House, Machine Shed, Pole Building, Workshop, Storage Shed
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (612) 816-5045
- Office phone:
- (218) 961-1200
Taxes
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Tax Year:2024
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Tax Annual Amount:4200
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Tax With Assessments:4200.0000
Beds
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Bedrooms Total:3
Baths
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Total Baths:2
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Bath Description:Bathroom Ensuite,Full Primary,Private Primary,Main Floor Full Bath
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Full Baths:2
The Listing
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Virtual Tour Unbranded:
Heating & Cooling
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Heating:Forced Air, Fireplace(s)
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Cooling:Window Unit(s)
Utilities
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Electric:Circuit Breakers, Service - 60 Amp, 100 Amp Service
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Sewer:Private Sewer, Tank with Drainage Field
Appliances
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Appliances:Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Fuel Tank - Owned, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
Schools
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High School District:Park Rapids
The Community
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Waterfront:true
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Waterfront Features:Dock, Lake Front, Lake View
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Association:false
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Assessment Pending:Unknown
Parking
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Parking Features:Carport, Covered, Detached, Gravel, Asphalt, Electric, Floor Drain, Garage Door Opener, Guest Parking, Insulated Garage, Multiple Garages, Paved, RV Access/Parking, Secured, Storage
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Parking Open:8
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Garage Spaces:9
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Garage Door Height:7
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Garage Door Width:9
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Garage Dimensions:26x40
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Garage SqFt:1040
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Carport Spaces:2
Monthly cost estimate

Asking price
$800,000
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,283
|
Taxes | $350 |
Insurance | $220 |
Utilities | $152 See report |
Total | $5,005/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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3/15/25
Mar 15, 2025
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Coming Soon | NORTHSTAR | $800,000 | |
10/25/24
Oct 25, 2024
|
Price Changed | NORTHSTAR | ||
8/20/24
Aug 20, 2024
|
Price Changed | NORTHSTAR |