$790,000

27303 Island Trl Park Rapids, MN 56470

$9,381
Closing credit¹
3 beds
2 full
2,138 sqft
$370 / 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)
StatusSale Pending
(Pending)
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

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Family Room, Free Standing, Gas
  • Total Bedroom Count: 3
  • Garage Space: 9 spaces
  • Attached Garage: No
  • Parking: Carport, Covered, Detached, Gravel, Asphalt, Electric, Floor Drain, Garage Door Opener, Guest Parking, Insulated Garage, Multiple Garages, Paved, RV Access/Parking, Secured, Storage
  • Waterfront: Dock, Lake Front, Lake
  • View: Bay, Other, Lake, Panoramic
  • Heating: Forced Air, Fireplace(s)
  • Cooling: Window Unit(s)
  • List Price: $790,000
  • Price/SqFt: $369
  • HOA Amount: $0
  • Annual Tax Amount: $4,848
  • Tax Year: 2023
  • Lot: Accessible Shoreline, Many Trees
  • 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.
  • Year Built: 2000
  • Living Area: 2,138 SqFt
  • MLS Number: 6682375
  • MLS Name: NORTHSTAR
  • Office Name: Your Home Sold Guaranteed Realty Exclusive

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27303 Island Trl, Park Rapids, MN 56470 - birds eye view of property featuring a forest view and a water view

$790,000

27303 Island Trl

$9,381

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 majority of Park Rapids, MN residents have income between $35k-100k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

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

The listing price of 27303 Island Trl property is $790,000.

The property 27303 Island Trl is a house located in Park Rapids, Minnesota, 56470.

Sale Pending: 27303 Island Trl is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

The nearby schools for 27303 Island Trl are: Park Rapids Century Elementary School (GreatSchools Rating 6/10), Nevis Elementary School (GreatSchools Rating 7/10), Laporte Elementary School (GreatSchools Rating 4/10), Park Rapids Century Middle School (GreatSchools Rating 3/10), Pine Point Elementary School (GreatSchools Rating 4/10), Laporte Middle School (GreatSchools Rating 4/10), Park Rapids High School (GreatSchools Rating 4/10), Headwaters Education Learning Program (GreatSchools Rating 1/10), Nevis Secondary School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2023 is $4,848 (source: MLS/based on county public records data).

The property at 27303 Island Trl has 3 bedrooms and 2 bathrooms.

The property 27303 Island Trl is 2,138 SqFt (source: MLS/tax record).

The year of construction for 27303 Island Trl is 2000.

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 $790,000.

In April 2025 more than 2 listings in Park Rapids, MN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 5 were sold below. Between March and April 2025, Park Rapids, MN real estate market has seen increase in the number of listings by 40.5%. In April 2025 median list price was $289,950 and the average listing age was 31 days.

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

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