$199,500
$20K PRICE DROP

53140 Rainbow Rd Deer River, MN 56636

Estimated payment $1,068/month

Total Views 3,835
3 Beds
2 Baths
1,216 Sq Ft
$164 Price per Sq Ft

Highlights

  • No HOA
  • Water Softener is Owned
  • Forced Air Heating System
  • 1-Story Property

About This Home

Built in 2023, this well-kept 3 bedroom, 2 bathroom home offers modern comfort surrounded by everything people come to northern Minnesota for. The property features a 2023 installed private well and septic system and a clean, move-in ready interior with an efficient layout designed for easy living.
The real highlight is the location. Situated in the heart of some of the region’s best fishing waters, you’ll have quick access to multiple world-class lakes known for walleye, bass, and panfish. Thousands of acres of public land nearby provide incredible opportunities for hunting, hiking, and outdoor recreation, while snowmobile and ATV trails are just minutes away for year-round adventure.
Whether you're looking for a primary residence, up-north getaway, or basecamp for outdoor recreation, this property puts you right in the middle of it all.

Listing Agent

Nicholas Zerfas

EDGE OF THE WILDERNESS REALTY Listed on: 03/05/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $122

Year Built

  • Built in 2023

Lot Details

  • Lot Dimensions are 415 x 360

Home Design

  • Architectural Shingle Roof

Interior Spaces

  • 1,216 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Block Basement Construction
  • Crawl Space

Utilities

  • No Cooling
  • Forced Air Heating System
  • Propane
  • Well
  • Water Softener is Owned
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 770092203

Home Details

Home Type

Single Family

Est. Annual Taxes

$122

Year Built

Built in 2023

Lot Details

3.5 Acres

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: None
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 2023
  • Above Grade Finished Sq Ft: 1216
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Crawl Space
  • Appliances: Water Softener Owned
  • Living Area: 1216
  • Fireplace: No
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Forced Air
  • Sewer: Septic System Compliant - Yes
  • Electric: Circuit Breakers
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Deer River
  • SchoolDistrictPhone: 2182462420

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 415 x 360
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 770092203
  • Tax Annual Amount: 122
  • TaxWithAssessments: 122

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2026 04/17/26 Price Changed $199,500 -5.0% $164 / Sq Ft
03/23/2026 03/23/26 Price Changed $210,000 -4.1% $173 / Sq Ft
03/05/2026 03/05/26 For Sale $219,000 -- $180 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $23,500 Midland Title
Quit Claim Deed $500 None Listed On Document
Deed -- --
Source: Public Records

Source: NorthstarMLS

MLS Number: 7031239

NorthstarMLS

APN: 77-009-2203

Minnesota Itasca County Deer River 56636

53140 Rainbow Rd, Deer River, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthstarMLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID

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Nicholas Zerfas
Listing Agent
Nicholas Zerfas
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EDGE OF THE WILDERNESS REALTY
(218) 288-6605
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