$450,000

24083 Trout Lake Rd Bovey, MN 55709

Estimated payment $2,578/month

Total Views 736
3 Beds
1 Bath
1,633 Sq Ft
$276 Price per Sq Ft

Highlights

  • River Front
  • No HOA
  • Entrance Foyer
  • 700,880 Sq Ft lot
  • Living Room
  • Zoned For Horses

About This Home

This one-of-a-kind 21-acre property offers nearly 3/4 of a mile of frontage along the Swan River—an ideal setup for a horse farm, hobby operation, or anyone seeking usable land with scenic water access. Located just outside Grand Rapids, the property includes fenced pasture, wooded trails, and a 100x200 riding arena with well-maintained footing. The 3-bedroom farmhouse blends country charm with functional updates like granite countertops, main floor laundry, and dual living rooms with views of the river, pastures, and wildlife.Outbuildings include a 45x63 pole building for equipment and storage, a 6-stall barn with a heated tack room and large hayloft, a second barn, and multiple run-in sheds. The private setting has hosted barn dances, clinics, skating parties, and more—showcasing just how much this property offers in terms of lifestyle and flexibility. Whether you're after a quiet homestead, event-ready ranch, or just room to roam with your animals, this riverfront acreage delivers.

Listing Agent

Bridger Hopkins

GRAND PROPERTIES REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $702

Year Built

  • Built in 1932

Lot Details

  • 16.09 Acre Lot
  • River Front
  • Irregular Lot
  • Additional Parcels

Parking

  • 8 Car Garage

Home Design

  • Metal Roof

Interior Spaces

  • 1,633 Sq Ft Home
  • 1.5-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Crawl Space

Horse Facilities and Amenities

  • Zoned For Horses

Utilities

  • Central Air
  • Outdoor Furnace
  • Heating System Uses Wood
  • 100 Amp Service
  • Private Water Source

Community Details

  • No Home Owners Association
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 400224102

Home Details

Home Type

Single Family

Est. Annual Taxes

$702

Year Built

Built in 1932

Lot Details

0

Parking

8

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 8
  • Accessibility Features: None
  • Water Source: Private
  • Year Built: 1932
  • Above Grade Finished Sq Ft: 1633
  • Water Body Name: Swan River
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Partial
  • Appliances: Water Softener Rented
  • Living Area: 1633
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Foyer

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Metal
  • View: River
  • Other Structures: Barn(s), Hot Tub, Lean-To, Loafing Shed, Shed(s), Outdoor Arena, Pole Building, Stable(s), Tack Room
  • Lake Acres: 0
  • Lake Bottom: Reeds,Sand
  • LakeChain: N
  • Farm Type: Hobby,Horse

Garage/Parking

  • Parking Features: Detached, Gravel
  • Garage Square Feet: 2835

Utilities

  • Heating: Outdoor Furnace
  • Sewer: Private Sewer
  • Electric: 100 Amp Service
  • Fuel: Wood

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hot Tub,Patio,Washer/Dryer Hookup

Schools

  • Junior High Dist: Grand Rapids
  • SchoolDistrictNumber: 318
  • SchoolDistrictPhone: 218-327-5704

Lot Info

  • Topography: Rolling
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: NA
  • Lot Size Sq Ft: 700880.4
  • Land Lease: No
  • Lot Features: Green Acres, Irregular Lot, Suitable for Horses, Many Trees
  • Additional Parcels Description: 400224104
  • Additional Parcels: Yes
  • Zoning Description: Agriculture,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 400224102
  • Tax Annual Amount: 702
  • TaxWithAssessments: 702.0000

Multi Family

  • WaterfrontFeatures: River Front

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $840 $174,700 $33,700 $141,000
2022 $1,030 $171,000 $30,000 $141,000
2021 $1,038 $133,900 $24,900 $109,000
2020 $1,124 $133,900 $24,900 $109,000
2019 $962 $135,200 $26,900 $108,300
2018 $866 $123,300 $26,900 $96,400
2017 $838 $0 $0 $0
2016 $782 $0 $0 $0
2015 $768 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2025 05/24/25 For Sale $450,000 -- $276 / Sq Ft
Source: NorthstarMLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $38,000 Unknown
Closed $31,749 Credit Line Revolving
Closed $173,600 Adjustable Rate Mortgage/ARM
Closed $25,000 Credit Line Revolving
Source: Public Records

About the Listing Agent

Bridger Hopkins

GRAND PROPERTIES REAL ESTATE

(218) 663-3073

Section Image

Hi there! My name is Bridger Hopkins and I am a real estate agent with Grand Properties Real Estate. I grew up in Northern Minnesota and I live here with my family. I enjoy the outdoor activities in our area: gardening, hunting, wild foraging, swimming, and being in the woods. I love to build things and tinker with projects. In recent years I started growing hops and grapes!

My schooling background is in Mechanical Engineering. Through engineering, I have worked in both mining and

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Source: NorthstarMLS

MLS Number: 6695813

NorthstarMLS

APN: 40-022-4104