Property Description Life on Swan Lake is beautiful throughout all four seasons and never better than in the summer. Fishing, cruising, swimming, tubing... plus leisurely afternoons parked at the sandbar or pulled up to the dock at MJ's are just some of the ways you can spend your time here. This one-family 4 bed/2 bath home has been lovingly maintained for 50+ years and can now be yours. Here you'll find a mix of vintage charm and timely updates with an incredible lake view and sandy shoreline. Two of the four bedrooms have sliding glass doors that open to a deck on the upper level - what a way to start and end each day! The main level attached, heated sunroom (with windows on 3 sides) has a Vermont Castings gas stove; it's easy to enjoy the outdoors here no matter the weather. Both garages have 240V/50amp electrical service, so bring on the power tools!
When it's time for loved ones to gather, this home will be the chosen spot over and over again, with room for tents, campers, yard games, kids, friends, family, pets... or solitude surrounded by woods, water, and wildlife. Or if you're looking for an Airbnb property, this will suit you well.
Your 108 feet of shoreline is perfect for docking your boat, kayaks, and personal watercraft - or floating, swimming, and fishing right from your own beach and dock. (That's right, the 72-foot-long dock and boat lift are included.) This property is move-in-ready but at a price point that leaves room for you to make it your own over time. If you have seen this home before, stop back in and look again. A new look and new price will have you planning your move-in date.
Swan Lake spans more than 2600 acres and has 18 miles of shoreline. The legendary sandbar, the July Flotilla, walleye fishing, water sports, and a vibrant lakefront boat-in bar/restaurant are all waiting for you here, as well as an excellent 9-hole golf course nearby. PLUS Pengilly is home to a gas/convenience store, a liquor store/bait shop/pizza shop, community center, church, and another sports bar/restaurant. You can be as social as you want or enjoy the peace and quiet of your own lake home surrounded by woods, water, and wildlife. Be sure to read the Owner's Letter included in the photos, and then come home to Swan Lake.
Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 429900
Original List Price: 429900
ListPrice: 429900
List Date: 2026-03-15
Owner is an Agent?: No
Auction?: No
General Property Information
# Carport Spaces: 1
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 2
Other Parking Spaces: 8
Road Btwn WF & Home?: No
Waterfront Frontage: 106
Waterfront Present: Yes
Year Built: 1973
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bedrooms: 4
Baths Total: 2
Bath Full: 2
Main Floor Total SqFt: 864
Above Grd Total SqFt: 1728
Total SqFt: 1728
Total Finished Sqft: 1728.00
FireplaceYN: Yes
Lake/Waterfront Name: Swan
Style: (SF) Single Family
Foundation Size: 864
Power Company: Lake Country Power
Garage Stalls: 5
Lot Dimensions: 100 x 555
Acres: 1.29
Assessment Pending: No
Location Tax and Other Information
House Number: 28654
Street Name: Grozys Point
Street Suffix: Road
Postal City: Pengilly
County: Itasca
State: MN
Zip Code: 55775
Complex/Dev/Subdivision: Auditors Sub 36
Assessments
Assessment Installment: 81
Tax With Assessments: 3298
Basement
Foundation Dimensions: 24 x 36
Building Information
Finished SqFt Above Ground: 1728
Lake Details
Lake Acres: 2455
Lake Depth: 65
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 576
Public Survey Info
Range#: 22
Section#: 32
Township#: 56
Property Features
Accessible: Other
Air Conditioning: Central Air
Appliances: Dryer; Freezer; Fuel Tank - Owned; Range; Refrigerator; Washer
Basement: None
Bath Description: Main Floor Full Bath; Upper Level Full Bath
Construction Status: Previously Owned
Electric: 200+ Amp Service
Existing Financing: Free and Clear
Exterior: Vinyl
Fireplace Characteristics: Gas Burning; Wood Burning
Foundation: Concrete Block
Fuel: Electric; Propane; Wood
Heating: Baseboard; Forced Air
Lake Details: Sand
Laundry: Laundry Room
Lock Box Type: Combo
Lot Description: Accessible Shoreline; Tree Coverage - Medium