$800,000

27303 Island Trl Park Rapids, MN 56470

$9,500
Closing credit¹
3 beds
2 full
2,138 sqft
$374 / sqft
House

Property details

About 27303 Island Trl

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. While the original structure was built in 1910, this 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.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Fireplace(s)
StatusComing Soon
CoolingWindow Unit(s)
Size2,138 sqft
BasementYes
Year built2000
ParkingCarport, Covered, Detached, Gravel, Asphalt, Electric, Floor Drain, Garage Door Opener, Guest Parking, Insulated Garage, Multiple Garages, Paved, RV Access/Parking, Secured, Storage
MLS #6682375
Garage9 spaces
WaterfrontDock, Lake Front, Lake
FireplaceFamily Room, Free Standing, Gas
ViewBay, Other, Lake, Panoramic
Active DateApril 05, 2025

Summary

  • MLS Number: 6682375
  • MLS Name: NORTHSTAR
  • Office Name: Your Home Sold Guaranteed Realty Exclusive

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view of front facade

$800,000

27303 Island Trl

$9,500

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$704,200$4,848
2022$496,100$7,194
2020$416,200$3,664
2019$369,100$3,392
2018$362,700$3,392

History based on county public records data.

Nearby schools

6

Park Rapids Century Elementary School

Public District PK-4

9.0 mi

501 Helten Ave

7

Nevis Elementary School

Public District PK-6

13.9 mi

210 Pleasant St W

4

Laporte Elementary School

Public District PK-5

19.6 mi

315 Main St W

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $60,385. The most common annual income of people living in Park Rapids, MN is between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

26%
<35k
52%
35k-100k
17%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

29%
Single, No Kids
3%
Single, with Kids
53%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
6%
12-17 yrs old
9%
18-34 yrs old
47%
35-64 yrs old
29%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • ApplebeesApplebees

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 27303 Island Trl

This home is located at 27303 Island Trl in Park Rapids, MN and zip code 56470. This 2,138 square foot home was built in 2000. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 15, 2025 and is currently priced at $800,000.

In February 2025, from all listings sold in Park Rapids, MN there were more than 3 sold above asking price, over 8 sold below and more than 1 were sold right at the asked price. Between January and February 2025, Park Rapids, MN real estate market has seen increase in the number of listings by 2.7%. The median list price of listings available in February 2025 was $304,000, while the average time on the real estate market was 176 days.

From Rocket Homes Real Estate and based on county public records data.

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