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    20035 Grouse Rd Park Rapids, MN 56470

    For Sale
    $1,195,000

    Lakefront resort featuring cabins and campsites on a pristine lake.

    Property size:
    5,000 SF
    Lot size:
    11.18 Acres

    Property Features for 20035 Grouse Rd

    General Information

    Size
    5,000 SF
    Lot size
    11.18 Acres

    Source: Rice Real Estate Services, LLC Agent Ben Copperthite

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Minnesota Lakefront Resort with Cabins

    Walters Resort, situated on the shores of a pristine Minnesota lake along the Mantrap Chain, combines natural beauty with modern comfort and Northwoods charm. This property offers private shoreline access suitable for boating and swimming. The resort features eight well-maintained cabins with full kitchens, living areas, and outdoor spaces. Additionally, there are four seasonal campsites equipped with a new well, septic system, pump house with 6-foot deep water lines, and separately metered electric hook-ups including 20, 30, and 50 amp service. Onsite amenities include a fish cleaning house, fire pits, grills, boat rentals, docks, a swimming platform, kayaks, canoes, and recreational areas. The resort provides opportunities for summer lake activities, viewing fall colors, winter ice fishing, and spring wildlife watching. An additional 9.19 acres with a renovated 3-bedroom lakefront home with a new well and septic system is available, along with proposed plans for 12 additional seasonal campsites pending Hubbard County approval. The property size is approximately 5000 square feet.
    Location Intelligence

    Current Use by Public Records

    Resorts

    Suggested Use

    Restaurant Clothing Store Hotel & Motel Bed & Breakfast Italian Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Park Rapids
    County
    Hubbard
    State
    Minnesota
    Longitude
    -94.95154
    Latitude
    46.980015

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    FAQs

    What type of property is this?
    Resort - Lakefront resort featuring cabins and campsites on a pristine lake.
    Where is this resort located?
    The property is located at 20035 Grouse Rd Park Rapids, MN.
    What is the asking price?
    The asking price for this property is $1,195,000.
    What are key features of this property?
    This property features: - Prime lakefront location on Lake Ida, offering direct access for boating, swimming, and relaxation.; - Turn-key resort with 8 well-maintained cabins, each featuring full kitchens and cozy living areas.; - Four brand new seasonal campsites with new well, septic, pump house, metered electric and 6’ deep water lines.
    (612) 242-4869
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    20035 Grouse Rd Park Rapids, MN 56470
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    Park Rapids, MN 56470
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20035 Grouse Rd Park Rapids, MN 56470
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