28654 Grozys Point Rd

Pengilly, MN 55775

$429,900
Price
4
Beds
1,728 Sq. Ft.
$249 / Sq. Ft.
1,728
Sq. Ft.
$249
per Sq. Ft.
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Description

After more than 50 years on beautiful Swan Lake, the family has decided to sell their beloved 4 bedroom/2 bath "B On The Lake" year-round homestead located on Grozy's Point Rd. Grozy's Point is a well-known landmark on Swan Lake, and this is your chance to own this special 1.29 acre property with privacy galore and an iconic address. Here you'll find a mix of vintage charm, timely updates, a well-designed living space lovingly maintained, with an incredible lake view. Two of the four bedrooms have...After more than 50 years on beautiful Swan Lake, the family has decided to sell their beloved 4 bedroom/2 bath "B On The Lake" year-round homestead located on Grozy's Point Rd. Grozy's Point is a well-known landmark on Swan Lake, and this is your chance to own this special 1.29 acre property with privacy galore and an iconic address. Here you'll find a mix of vintage charm, timely updates, a well-designed living space lovingly maintained, with an incredible lake view. 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 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.
  1. Listed by MN DIRECT PROPERTIES

Property Details for 28654 Grozys Point Road

Subdivision Name
Auditors Sub 36
View
East
Waterfront Features
Lake Front
Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 03/17/2026 09:07 PM

Property Details for 28654 Grozys Point Road

StatusActive
MLS #7033898
Days on Compass5
Taxes$3,217 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential
Year Built1973
Lot Size1.29 AC / 56,192 SF
CountyItasca County
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Location

Listing Courtesy of MN DIRECT PROPERTIES
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Building Information for 28654 Grozys Point Road

Stories-Year Built1973Building Size-Lot Size1.29 AC / 56,192 SF

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$2,354 per month

30 year fixed, 6.11% Interest

Principal and Interest

$2,086

Property Taxes

$268

HOA Dues

$0

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Property Information for 28654 Grozys Point Road

Summary
Location and General Information
  • City Name: Pengilly
  • County Or Parish: Itasca
  • County: Itasca-MN
  • Directions: From Hwy 169 between Grand Rapids and Hibbing, head south on Hwy 65 for 4.6 miles. Turn left on Cty Rd 12 for approximately 1.7 miles. Turn left on Grozy's Point Rd, driveway is about 400 ft down on the right.
  • Latitude: 47.290287
  • Longitude: -93.169038
  • Nbr of Acres: 2456
  • Lake Bottom: Sand
  • Lake Name: Not Applicable
  • PLAT: 65
  • Map Coordinate: 999-A1
  • City and Location: Pengilly
  • City and Location Text: Pengilly(MN)
  • Postal Code: 55775
  • State Or Province: MN
  • Public Survey Township: 56
  • Waterfront Property YN: No
  • Water Body Name: Swan
  • Waterfront Footage: 31006700
  • Waterfront Frontage: 106
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 254200030
  • Tax Annual Amount: $3,217.00
  • Tax Legal Description: AUDITORS SUBDIVISION NUMBER 36 LOT 3
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 3298
School Information
  • High School District: 1412 - Nashwauk-Keewatin
  • School District Number: 1412
  • School District Phone: 2182477306
Property
Lot Information
  • Above Grade Fin SQFT: 1728.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 1728.0
  • Living Area Units: Square Feet
  • Lot Features: Accessible Shoreline, Tree Coverage - Medium
  • Lot Size Area: 1.29
  • Lot Size Dimensions: 100 x 555
  • Lot Size Units: Acres
  • Other Structures: Garage(s), Other
  • Present Use: Yearly
  • Property Attached: No
  • Property Type: Residential
  • SQFT Main Total: 864
  • Building Area Total: 1728.0
  • Above Grade SqFt Total: 1728
  • Below Grade SqFt Total: 0
Utilities
  • Electric: 200+ Amp Service
  • Sewer: Other
  • Water Source: Drilled
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Other
  • Foundation Area: 864.0
  • Fuel: Electric,Propane,Wood
  • Road Frontage Type: Private Road
  • Road Responsibility: Private Maintained Road
  • Roof: Asphalt
  • Patio Porch Type: Deck
Interior Features
  • Appliances: Dryer, Electric Water Heater, Freezer, Fuel Tank - Owned, Range, Refrigerator, Washer
  • Basement Type: None
  • Bath Desc: Main Floor Full Bath,Upper Level Full Bath
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Count: 2
  • Bedrooms Total: 4
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces Total: 2
  • FireplaceYN: Yes
  • Cooling: Central Air
  • DP Resource: Yes
  • Garage Square Feet: 576
  • Heating: Baseboard, Forced Air, Fireplace(s)
  • Laundry Features: Laundry Room
  • Levels: Two
  • Room List: Bonus Room, Dining Room, Kitchen, Laundry, Living Room, Sun Room
  • Basement YN: Yes
Room Information
Room 1
  • Room Level: Upper
  • Room Type: Bonus Room
Room 2
  • Room Level: Main
  • Room Type: Dining Room
Room 3
  • Room Level: Main
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Type: Laundry
Room 5
  • Room Level: Main
  • Room Type: Living Room
Room 6
  • Room Level: Main
  • Room Type: Sun Room

Property History for 28654 Grozys Point Road

DateEvent & SourcePriceAppreciation
Mar 16, 2026

Listed (Active)

NorthStar #7033898

—
Jan 27, 2026

Off Market

NorthStar #6758716

—
Oct 18, 2025

Price Change

NorthStar #6758716

$499,000—
Aug 27, 2025

Price Change

NorthStar #6758716

$519,000—
Aug 5, 2025

Price Change

NorthStar #6758716

$549,000—
Jul 26, 2025

Price Change

NorthStar #6758716

$579,000—
Jul 26, 2025

Listed (Active)

NorthStar #6758716

—
DateEvent & SourcePrice
03/16/2026

Listed (Active)

NorthStar #7033898

—
01/27/2026

Off Market

NorthStar #6758716

—
10/18/2025

Price Change

NorthStar #6758716

$499,000
08/27/2025

Price Change

NorthStar #6758716

$519,000
08/05/2025

Price Change

NorthStar #6758716

$549,000
07/26/2025

Price Change

NorthStar #6758716

$579,000
07/26/2025

Listed (Active)

NorthStar #6758716

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 28654 Grozys Point Road

Taxable ValueLand$168,900Additions$210,700Total$379,600
Tax Record2025$3,298 ($275 / month)
Home Facts
Beds3Total Finished SqFt1,632 SqFtAbove Grade Finished SqFt864 SqFtFinished Basement SqFt768 SqFtStories1Lot Size56,192 SqFtStyleSingle Family ResidenceYear Built1973CountyITASCAAPN25-420-0030Fireplace TypeHas Fireplace

Schools near 28654 Grozys Point Road

This home is within Nashwauk-Keewatin School District.
Rating
School
Type
Grades
Distance
Keewatin Elementary School
Public - PK to 6
Nashwauk Secondary
Public - 7 to 12
Nashwauk-Keewatin Alp
Public - 9 to 12
Rating
School
Distance
Keewatin Elementary School
PublicPK to 6

Nashwauk Secondary
Public7 to 12

Nashwauk-Keewatin Alp
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 28654 Grozys Point Road, Pengilly, MN 55775

28654 Grozys Point Road is a single family home for sale in Pengilly, MN 55775. This property was listed for sale on March 16, 2026 by MN DIRECT PROPERTIES, it's currently listed at $429,900. This listing's school district is Nashwauk-Keewatin School District. Nearby schools include Keewatin Elementary School, Nashwauk Secondary and Nashwauk-Keewatin Alp. 28654 Grozys Point Road is a 4-bed, 2-bath, 1,728 sqft single family home built in 1973.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of MN DIRECT PROPERTIES

Based on information submitted to the MLS GRID as of 03/17/2026 09:07 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.