$949,900

7070 Rice Lake Road, Gnesen Twp, MN 55803

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$949,900

7070 Rice Lake Road Gnesen Twp, MN 55803 - Island Lake Reservoir

For Sale MLS# 6718308

1,287 sq ft Commercial

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Data current as of 13/05/2025 00:05:32

Details for 7070 Rice Lake Road

MLS# 6718308

Description for 7070 Rice Lake Road, Gnesen Twp, MN, 55803 - Island Lake Reservoir


Experience lakefront living at its finest with this beautiful 3-bedroom, 2-bath home on Island Lake. Built in 2016, the home still feels like it is brand new and is move-in ready with an amazing 2.03 acre lot, 825ft of water frontage and a spacious two-car garage. Enjoy summer days on the water and cozy winter nights by the gas fireplace. The main level features an open-concept layout with a stunning patio overlooking the lake—perfect for entertaining or relaxing. It also includes one bedroom,a 3/4 bath, and a convenient laundry area. Upstairs, you’ll find two additional bedrooms and another 3/4 bath. Situated on a commercially zoned PRIVATE lot, this property offers rare potential for future development or business opportunities—whether you’re looking for a private retreat or an investment with growth potential.Don’t miss out—call today to schedule a showing!

Listing Information


Property Type: Commercial, Other

Status: Active

Lot Size: 2.03 Acres

Square Feet: 1,287 sq ft

Year Built: 2016

Foundation: 956 sq ft

Garage: Yes

Stories: 1 Story

Subdivision: Gnesen Town Of

Number Of Units Total: 1

Current Use: Other

County: St. Louis

Days On Market: 4

Construction Status: Previously Owned

School Information


District: 709 - Duluth

Utilities


Water: Drilled

Sewer: Private

Other Utilities: Electric Common

Heating: Boiler, Electric, Fireplace, In-Floor Heating, Propane

Exterior / Lot Features


Garage Spaces: 2

Parking Description: Detached Garage, Garage Dimensions - 24x24, Garage Sq Ft - 576.0

Exterior: Cement Board

Lot Dimensions: Irreg

Zoning: Business/Commercial,Residential-Single Family

Additional Exterior/Lot Features: Land Inclusions - Building,Land, Road Frontage - County

Waterfront Details


Standard Water Body: Island Lake Reservoir

DNR Lake ID: 69037200

Water Front Features: Lake Front

Water Frontage Length: 825 Ft.

Lake Acres: 8,001

Lake Depth: 94 Ft.

Driving Directions


Rice Lake Rd to Island Lake, property on right before bridge

Financial Considerations


Tax/Property ID: 375001000770

Tax Amount: 4841

Tax Year: 2025

HomeStead Description: Non-Homesteaded

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

Schools nearby 7070 Rice Lake Road

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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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