7241 Island Lake Falls Rd

Duluth, MN 55803

$599,900
Price
2
Beds
800 Sq. Ft.
$750 / Sq. Ft.
800
Sq. Ft.
$750
per Sq. Ft.
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New
New

Description

Some lake places simply make you smile the minute you arrive, and this is one of them. Perched on its own peninsula on Island Lake, this cheerful seasonal lake home is surrounded by over 1000 feet of shoreline, where towering pines, peaceful water, and multiple places to enjoy the lake create a setting that's hard to duplicate. Spend the morning in the quiet bay, then head out to the big water from your second dock when adventure calls. Fish, Ski, Swim laps, lay on the Beach....you have it all! The...Some lake places simply make you smile the minute you arrive, and this is one of them. Perched on its own peninsula on Island Lake, this cheerful seasonal lake home is surrounded by over 1000 feet of shoreline, where towering pines, peaceful water, and multiple places to enjoy the lake create a setting that's hard to duplicate. Spend the morning in the quiet bay, then head out to the big water from your second dock when adventure calls. Fish, Ski, Swim laps, lay on the Beach....you have it all! The cabin itself is proof that great things come in smaller packages. Every inch has been refreshed with care, creating a comfortable getaway that lets you spend your weekends enjoying the lake instead of working on it. A beautiful new deck extends your living space outdoors, while the new outdoor shower is perfect after a swim. Friends and family will love having their own bunkhouse, and evenings naturally end with a relaxing sauna before gathering around the fire. The extras keep coming with a new storage garage for all the toys, a compliant holding tank already in place, and one feature you rarely find. Whether you envision building another home in the future, creating extra privacy, or simply hopping in the golf cart and heading down to the beach, the possibilities are exciting. This isn't just a seasonal cabin; it's a place where summers become traditions, kids and grandkids will want to return year after year, and every weekend feels like a true escape—just a short drive from town but a world away once you arrive.
  1. Listed by Deanna Bennett • Messina & Associates Real Estate
    P: (218)-343-8444 dbennett@mzr.com

Property Details for 7241 Island Lake Falls Road

Architectural Style
Rustic
Waterfront Features
Inland Lake
Waterfront YN
Yes
LISTING UPDATED: 07/16/2026 08:09 PM

Property Details for 7241 Island Lake Falls Road

StatusActive
MLS #6126792
Days on Compass1
Taxes$1,955 / year
HOA Fees$350 / year
Condo/Co-op Fees-
Property TypeOther
MLS TypeResidential / Seasonal
Year Built1960
Lot Size2.00 AC / 87,120 SF
CountySt. Louis County
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Location

Listing Courtesy of Messina & Associates Real Estate
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Building Information for 7241 Island Lake Falls Road

Stories1Residences-Year Built1960Lot Size2.00 AC / 87,120 SF

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$3,181 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,989

Property Taxes

$163

HOA Dues

$29

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Property Information for 7241 Island Lake Falls Road

Summary
Location and General Information
  • Directions: Take Rice Lake road north (hwy 4) – go past island lake inn - 1 mile and take a right on Thompson lake road –go about ½ mile and stay right at the fork – then take a left on cannon ball falls road and right on island lake falls road – fire number is 7241 – take a right and go past the first cabin on your right and continue down to the very END of the driveway.
  • Latitude: 47
  • Longitude: -92
  • DNR Lake Id Number: 69037200
  • Lake Acres: 8000.51
  • Lake Class: Recreational Development
  • Lake Maximum Depth: 94
  • Road Between Waterfront And Home: No
  • Shoreline Characteristics: Rocky,Sand,Shore-Accessible,Shore-Beach
  • Waterfront Access: Private
  • Waterfrontage Feet: 1000
  • MLSArea Major: LSAR
Parking
  • Garage Spaces: 1.0
  • Garage Dimensions: 16'2x9'3
  • Garage Features: Bedroom,Heat,Insulation,Slab
  • Garage Type: Detached
School Information
  • High School District: Duluth #709
Taxes and HOA
  • Association Fee: $350.00
  • Association Fee Frequency: Yearly
  • Association Fee Includes: Other
  • Association YN: Yes
  • Taxes With Assessments: 1972
  • Parcel Number: 375-0033-00460
  • Tax Annual Amount: $1,955.00
  • Tax Legal Description: Lot 2, Block 4, HIDDEN FALLS AT ISLAND LAKE
  • Tax Year: 2026
Property
Lot Information
  • Above Grade Finished Area: 800.0
  • Below Grade Finished Area: 0.0
  • Living Area: 800.0
  • Lot Features: Other
  • Lot Size Acres: 2.0
  • Lot Size Dimensions: irreg
  • Basement Square Feet: ***
  • Construction Type: Frame/Wood
  • Foundation Dimensions: 20x24 + 10x12
  • Other Structures: Boat House, Storage Shed
Property and Assessments
  • Development Status: Previously Owned
  • Assessment Balance: 17
  • Land Access: ***
  • Property Sub Type: Seasonal
  • Property Type: Residential
  • Year Built: 1960
Utilities
  • Sewer: Private Sewer, Holding Tank
  • Water Body Name: Island
  • Water Source: Private
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood
  • Exterior Features: Deck, Dock
  • Foundation Details: Poured Concrete
  • Roof: Rubber
  • Stories Total: 1
Interior Features
  • Basement: Crawl Space
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 1
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 1
  • Fireplace YN: Yes
  • Heating: Baseboard, Fireplace(s), Wood, Electric
  • Bath Description: 3/4 Main Floor
  • Extra Rooms: Storage Room
  • Main Floor Bedroom: 1
Room Information
Room 1
  • RoomDescription: Enjoy Living on ISLAND LAKE!
  • RoomLength: 12.0
  • RoomLevel: Main
  • RoomType: Living Room
  • RoomWidth: 13.0
Room 2
  • RoomDescription: Throw a stone into the Lake.. Steps Away!
  • RoomLength: 11.0
  • RoomLevel: Main
  • RoomType: Dining Room
  • RoomWidth: 12.0
Room 3
  • RoomDescription: Everything that's needed to Host a Summer Gathering!
  • RoomLength: 9.0
  • RoomLevel: Main
  • RoomType: Kitchen
  • RoomWidth: 7.0
Room 4
  • RoomDescription: With Bunks! Sleeps 4+!
  • RoomLength: 10.0
  • RoomLevel: Main
  • RoomType: Bedroom
  • RoomWidth: 11.0
Room 5
  • RoomDescription: with a 3/4 Bath Inside & an Outside Shower!
  • RoomLength: 9.0
  • RoomLevel: Main
  • RoomType: Bathroom
  • RoomWidth: 6.0
Room 6
  • RoomDescription: Bunkhouse.. Sleeps 4+ More!
  • RoomLength: 9.0
  • RoomType: Other
  • RoomWidth: 8.0
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction: No
  • Auction End Date: ***
  • LVTDate: 2026-07-16
  • Management Company: ***
  • Management Company Phone Email: ***
  • Power Company: Coop Power & Light
  • Transaction Type: For Sale
Rental
Rent Information
  • Leased Land: Owned
  • Lender Owned: No
  • Rental License: No

Property History for 7241 Island Lake Falls Road

DateEvent & SourcePriceAppreciation
Jul 16, 2026

Listed (Active)

Lake Superior Area REALTORS #6126792

$599,900—
DateEvent & SourcePrice
07/16/2026

Listed (Active)

Lake Superior Area REALTORS #6126792

$599,900

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

Public Records for 7241 Island Lake Falls Road

Taxable ValueLand$101,500Additions$60,300Total$161,800
Tax Record2025$1,706 ($142 / month)
Home Facts
Beds0Total Finished SqFt600 SqFtAbove Grade Finished SqFt600 SqFtStories1StyleMiscellaneous ResidentialYear Built1960CountyST. LOUISAPN375-6010-55000

Schools near 7241 Island Lake Falls Road

This home is within Duluth Public School District.
Rating
School
Type
Grades
Distance
Homecroft Elementary School
Public - PK to 5
Ordean East Middle School
Public - 6 to 8
East Senior High School
Public - 9 to 12
Rockridge Academy
Public - K to 12
Rating
School
Distance
Homecroft Elementary School
PublicPK to 5

Ordean East Middle School
Public6 to 8

East Senior High School
Public9 to 12

Rockridge Academy
PublicK 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 7241 Island Lake Falls Road, Duluth, MN 55803

7241 Island Lake Falls Road is for sale in Duluth, MN 55803. This property was listed for sale on July 16, 2026 by Messina & Associates Real Estate, it's currently listed at $599,900. This listing's school district is Duluth Public School District. Nearby schools include Homecroft Elementary School, Ordean East Middle School and East Senior High School. 7241 Island Lake Falls Road is a 2-bed, 2-bath, 800 sqft built in 1960.

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. 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 Messina & Associates Real Estate

Based on information submitted to the MLS GRID as of 07/16/2026 08:09 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.