For Sale: Pengilly MLS# 7033898














































































Active
NEW!
$429,900
Single Family: 2 Stories
4 br • 2 ba • Built 1973
1,728 sqft • 1.29 acres
MLS# 7033898
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Property 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 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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$429,900
Price per sq ft:
$249
Property Type:
Single Family
City:
Pengilly
Garage Spaces:
5
County:
Itasca
Year Built:
1973
State:
MN
Property Style:
2 Stories
Zip Code:
55775
Subdivision Name:
Auditors Sub 36
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
1,728 ft2
Total Fireplaces:
2
Living Area:
1,728 ft2
Common Wall:
No
Appliances Included:
- Dryer
- Electric Water Heater
- Freezer
- Fuel Tank - Owned
- Range
- Refrigerator
- Washer
Fireplace Details:
- Gas
- Wood Burning
Basement Details:
None
Exterior
Stories:
Two
Garage Spaces:
5
Garage Size:
576 ft2
Air Conditioning:
Central Air
Foundation Size:
864 ft2
Foundation Dimensions:
24 x 36
Handicap Accessible:
Other
Out Buildings:
Garage(s), Other
Road Responsibility:
Private Maintained Road
Heating System:
- Baseboard
- Fireplace(s)
- Forced Air
Parking Features:
- Asphalt
- Carport
- Detached Garage
- Electric
- Garage Door Opener
- Heated Garage
- Insulated Garage
- Multiple Garages
- Storage
Road Frontage:
Private Road
Roof Details:
Asphalt
Rooms
1/4 Baths:
None
Full Baths:
2
Half Baths:
None
3/4 Baths:
None
Bathroom Details:
- Main Floor Full Bath
- Upper Level Full Bath
Laundry:
Laundry Room
| Upper Level | Size | Sq Ft |
|---|---|---|
| Bonus Room | — | — |
| Main Level | Size | Sq Ft |
|---|---|---|
| Dining Room | — | — |
| Kitchen | — | — |
| Laundry | — | — |
| Living Room | — | — |
| Sun Room | — | — |
Lake & Waterfront
Waterfront View:
East
WF Frontage:
106
Waterfront:
Lake Front
Lake Bottom:
Sand
Lot & Land
Acres:
1.29
Geolocation:
47.290287, -93.169038
Lot Dimensions:
100 x 555
Zoning:
Residential-Single Family
Lot Description:
- Accessible Shoreline
- Tree Coverage - Medium
Schools
School District:
1412
District Phone:
2182477306
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$3,217
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,298
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
- Electric
- Propane
- Wood
Sewer System:
Other
Water System:
Drilled
Power Company Name:
Lake Country Power
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Listing provided by RMLS,
courtesy of MN DIRECT PROPERTIES.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.

