For Sale: Bovey MLS# 7136461
Active
NEW!
$175,000
Single Family: 2 Stories
2 br • 1 ba • Built 1942
976 sqft • 0.54 acres
Grand Rapids schools
MLS# 7136461
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Opportunity awaits on Lower Balsam Lake! This 2-bedroom, 1-bath cabin sits on .54 acres with 109 feet of shoreline and is ready for someone with vision to bring it back to life. This property needs TLC and is being offered as a fixer-upper, providing an excellent opportunity for those willing to put in the work to create their own Northwoods getaway.
The cabin offers a functional starting point, while the property itself features plenty of outdoor amenities, including a large deck, screened-in patio, roll in dock, sauna house, storage shed, and single-stall detached garage. With a beautiful lakeside setting on Lower Balsam Lake and plenty of space to work with, this could be a rewarding project for an investor, handyman, or buyer looking for a cabin they can renovate and make their own. Bring your tools, ideas, and vision—this one will require work, but the potential is here!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$175,000
Price per sq ft:
$179
Property Type:
Single Family
City:
Bovey
Garage Spaces:
1
County:
Itasca
Year Built:
1942
State:
MN
Property Style:
2 Stories
Zip Code:
55709
Interior
Bedrooms:
2
Bathrooms:
1
Finished Area:
976 ft2
Total Fireplaces:
1
Living Area:
976 ft2
Common Wall:
No
Appliances Included:
Range
Fireplace Details:
Insert
Basement Details:
Crawl Space
Exterior
Stories:
Two
Garage Spaces:
1
Garage Dimensions:
10X24
Garage Size:
240 ft2
Air Conditioning:
None
Foundation Size:
779 ft2
Foundation Dimensions:
32X20
Fencing:
None
Handicap Accessible:
None
Out Buildings:
Garage(s), Sauna, Screenhouse, Storage Shed
Heating System:
- Fireplace(s)
- Forced Air
Parking Features:
Detached Garage
Unit Amenities:
- Deck
- Dock
- Sauna
Road Frontage:
County Road
Exterior Material:
Frame
Roof Details:
Asphalt
Rooms
1/4 Baths:
None
Full Baths:
1
Half Baths:
None
3/4 Baths:
None
Bathroom Details:
Main Floor Full Bath
Dining/Kitchen:
Kitchen/Dining Room
| Upper Level | Size | Sq Ft |
|---|---|---|
| Bedroom 2 | 19.3 x 16.7 | 304 |
| Main Level | Size | Sq Ft |
|---|---|---|
| Bedroom | 7.9 x 7.3 | 49 |
| Kitchen | 17.6 x 11.3 | 187 |
| Living Room | 13.6 x 14.9 | 182 |
| Sun Room | 19.2 x 7.6 | 133 |
Lake & Waterfront
Waterfront Present:
Y
Waterfront View:
Lake
WF Frontage:
109
Waterfront:
Lake Front
Lot & Land
Acres:
0.54
Geolocation:
47.494045, -93.346714
Lot Dimensions:
195X100
Zoning:
Residential-Single Family
Lot Description:
Accessible Shoreline
Schools
School District:
318
District Phone:
2183275704
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$1,399
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,546
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fire Number:
23140
Fuel System:
- Propane
- Wood
Sewer System:
Septic System Compliant - No
Water System:
Well
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Mirabella Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.