Sold
Last Sold Price
1,742,400 Lot Size40 Acres
3997 Lost Lake Rd, Gilbert, MN 55741
LandProperty Type
40 acresLot Size
  • Listed by: • Edina Realty, Inc.
Listing closed: 10/26/2021 03:07 PM • Source: NorthStar, MLS#: 5489197

See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Recent comparable sales

Median sold price

$45,000

Avg days on market

60

Sale-to-list ratio

88.1%

Gilbert, MN

9 comparable properties found

$28,000 | 6269 East Heritage Trail, Gilbert, MN 55741
1

$28,000

Sold 12/12/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
6.68
Acres
2

$75,000

Sold 05/16/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,328
Square Feet
1.63
Acres
3

$45,000

Sold 10/22/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1
Acres
a bathroom with a shower and a sink
1/2
4

$52,000

Sold 08/06/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.86
Acres
5

$45,000

Sold 06/25/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,344
Square Feet
0.75
Acres
6

$50,000

Sold 08/18/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,512
Square Feet
0.06
Acres
7

$42,000

Sold 12/10/24

Unavailable
Bedrooms
Unavailable
Bathrooms
1,456
Square Feet
1
Acres
8

$40,000

Sold 05/05/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.48
Acres
9

$40,000

Sold 05/05/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres

Location

Listing Courtesy of Edina Realty, Inc.
Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$288 per month

30 year fixed, 6.71% Interest

Principal and Interest

$258

Property Taxes

$30

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 3997 Lost Lake Road

Property Details
  • Taxes: $360 / year
  • MLS Type: Land
  • Zoning Jurisdiction: Residential-Single Family
Building Information
  • Lot Size: 40.00 AC
Summary
Location and General Information
  • City Name: Gilbert
  • County Or Parish: St. Louis
  • County: St. Louis-MN
  • Directions: From Virginia, MN, South on US Hwy 53 to Bodas Rd., East to Lost Lake Rd., North to fire number.
  • Latitude: 47.4061872106
  • Longitude: -92.3602832775
  • Map Coordinate: 999-A1
  • Map Coordinate Source: RETS
  • City and Location: Gilbert
  • City and Location Text: Gilbert(MN)
  • Postal Code: 55741
  • State Or Province: MN
  • Public Survey Township: 57
  • Topography: Rolling
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 677001500090
  • Tax Annual Amount: $360.00
  • Tax Legal Description: NE 1/4 OF SW 1/4
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2019
  • Tax With Assessments: 360
School Information
  • High School District: 1052 - Eveleth-Gilbert
  • School District Number: 1052
  • School District Phone: 2187447701
Property
Lot Information
  • Crop Type: None
  • SQFT Total: 0.0
  • Lot Features: Property Adjoins Public Land, Tree Coverage - Heavy
  • Lot Size Area: 40.0
  • Lot Size Dimensions: 1320x1320x1320x1320
  • Lot Size Units: Acres
  • Property Type: Land
Property and Assessments
  • Development Amenity Type: No
Utilities
  • Utilities: Electricity Available
Interior and Exterior Features
Exterior Features
  • Road Frontage Type: County Road
Interior Features
  • FireplaceYN: No
  • Basement YN: No

Property History for 3997 Lost Lake Road

DateEvent & SourcePriceAppreciation
Oct 26, 2021

Sold

NorthStar #5489197

—
May 11, 2020

Pending

NorthStar #5489197

—
May 11, 2020

Sold (Public Record)

Public Record #671850912

$49,900—
DateEvent & SourcePrice
10/26/2021

Sold

NorthStar #5489197

—
05/11/2020

Pending

NorthStar #5489197

—
05/11/2020

Sold (Public Record)

Public Record #671850912

$49,900

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

Public Records for 3997 Lost Lake Road

Taxable ValueLand$59,000Additions$47,400Total$106,400
Tax Record2026$1,114 ($93 / month)
Home Facts
Beds0Stories1Lot Size1,742,400 SqFtStyleMiscellaneous ResidentialZoningFAMCountyST. LOUISAPN677-0015-00090

Schools near 3997 Lost Lake Road

This home is within ROCK RIDGE PUBLIC SCH ISD 2909.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Public - 7 to 12
Rating
School
Distance
Laurentian Elementary
PublicPK to 6

Rock Ridge High School
Public7 to 12

Rock Ridge High School Alp
Public7 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.

Similar Homes

New listings in 55741

$126,000 | 117 Virginia Avenue West, Gilbert, MN 55741
1/24

$126,000

3
Bedrooms
1
Bathrooms
1,080
Square Feet
0.15
Acres
$169,900 | 217 Michigan Avenue West, Gilbert, MN 55741
1/35

$169,900

3
Bedrooms
2
Bathrooms
1,908
Square Feet
0.08
Acres
$225,000 | 6001 South Silver Lake Road, Gilbert, MN 55741
1/43

$225,000

2
Bedrooms
1
Bathrooms
1,163
Square Feet
0.46
Acres
$154,900 | 202 Michigan Avenue West, Gilbert, MN 55741
1/39

$154,900

4
Bedrooms
1.75
Bathrooms
1,397
Square Feet
0.08
Acres
$54,200 | 112 New Jersey Avenue West, Gilbert, MN 55741
1/13
Inspection Cont ( Mn )

$54,200

2
Bedrooms
748
Square Feet
0.08
Acres
$169,000 | 106 Deerwood Drive, Gilbert, MN 55741
1/14

$169,000

3
Bedrooms
2
Bathrooms
1,456
Square Feet
0.34
Acres
$199,000 | 201 Deerwood Drive, Gilbert, MN 55741
1/21

$199,000

3
Bedrooms
2
Bathrooms
1,512
Square Feet
0.36
Acres
$130,000 | 115 West Wisconsin Avenue East, Gilbert, MN 55741
1/44

$130,000

5
Bedrooms
2
Bathrooms
1,944
Square Feet
0.08
Acres
$569,000 | 5210 Norway Drive, Gilbert, MN 55741
1/38

$569,000

3
Bedrooms
1.75
Bathrooms
2,280
Square Feet
1.3
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 3997 Lost Lake Road, Gilbert, MN 55741
$49,900
–
–
–
1,742,400
–
3
1
1,026
1,742,400
$35,000
–
–
–
958,320
$22,500
–
–
220
871,200
$210,000
–
–
–
608,533
$215,000
2
1,024
516,621

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Edina Realty, Inc.

Based on information submitted to the MLS GRID as of 10/26/2021 03:07 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.