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Off market
  • $1,396,300

    38950 Lake Of The Valley Rd, Ponsford, MN 56575

    5beds
    5,643sqft
    SingleFamily
    Built in 2001
    12 Acres Lot
    $1,396,300 Zestimate®
    $247/sqft
    $5,052 Estimated rent

    Home value

    $1,396,300

    $1.27M - $1.54M

    $5,052/mo

    Zestimate® history
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    Owner options

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    $5,052/mo

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    $5,052/mo

    Rent Zestimate®

    Refinance and save

    $8,307/mo

    Est. payment

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    $8,307/mo

    Est. payment

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    What's special

    This spectacular timber frame home is located on crystal clear spring-fed Bad Medicine Lake near Minnesota's Itasca State Park. Forested solitude surrounds you in this 6400 sq ft 5-bed, 5-bath home on 12.5 acres with 260+ ft of shoreline. Home boasts granite countertops and massive center island, fieldstone wood-burning fireplace, multi-purpose loft space, infrared sauna, and media room with 9 ft retractable projection screen. Excellent broadband internet service allows you to work from home in a beautiful setting of natural wood and spacious windows with georgeous west-facing lake views. The attached 4-stall heated epoxy floor garage includes an additional 16x24 woodshop, and a home security system provides peace of mind when you are away. The second floor can serve as a guest suite with 3 bedrooms, full bath, and breakfast bar. Outside includes a 3200 sq ft pole barn, private sandy bay with wood-burning sauna, and lakeshore deck overlooking the dock. Enjoy four season recreations with groomed trails nearby for ATV or snowmobile use and excellent fishing on your own secluded Northwoods oasis on the land of sky blue waters.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 2
    • 3/4 bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Heat pump, Radiant, Electric, Propane / Butane
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Other, Carpet, Hardwood
    • Basement: Unfinished
    • Has fireplace: Yes
    • Fireplace features: masonry
    Interior area
    • Total interior livable area: 5,643 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Attached
    Features
    • Exterior features: Wood
    • Has spa: Yes
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 12 Acres
    Details
    • Parcel number: 120011000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Foundation: Concrete Block
    • Roof: Shake / Shingle
    Condition
    • Year built: 2001

    Community & neighborhood

    Location
    • Region: Ponsford

    Price history

    DateEventPrice
    8/8/2022Sold$1,250,000-21.6%$222/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6180473 Report a problem
    7/7/2022Pending sale$1,595,000$283/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6180473 Report a problem
    6/29/2022Price change$1,595,000-5.9%$283/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6180473 Report a problem
    4/25/2022Listed for sale$1,695,000-5.8%$300/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6180473 Report a problem
    12/5/2021Listing removed$1,799,900$319/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6075481 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,114 +14.9%$1,454,600 +0.7%
    2024$7,930 -8.4%$1,445,200 +18.4%
    2023$8,654 +4%$1,220,800 +2%

    Find assessor info on the county website

    Neighborhood: 56575

    Nearby schools

    GreatSchools rating
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