Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $4,877 (2026).

What school district is this property in?

This property is in the 318 - Grand Rapids school district.

Does this home have a garage?

Yes, this home has a 4-car garage.

How long has this property been on the market?

This property has been listed for 59 days.

Listed at

$699,500

$238/sqft

40330 Bray Lake Road

40330 Bray Lake Road, Nashwauk, MN, 55769

4 Bedrooms3 Bathrooms2,943 Square Feet1.92 Acres

Days on market59

Year built2002

Garage spaces4

TypeResidential

Est. $17,985buyer credit when you buy with SODL

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About this home

Peaceful and quiet, this meticulously cared for log home is waiting for you. This home is year-round so you can have it as your forever home, weekend retreat or pre-retirement. Bray Lake has no public access, but don't worry about this as you have two docks to launch your water-craft. This lake is known for crappies, bluegills, northern pike and perch. So picture yourself catching dinner right off the dock. In the evening enjoy s-mores around the campfire while listening to the loons calling. If you like to 4-wheel or hunt, there are 1000s of acres of public land across the road to explore. In the winter you can ice fish right out front or snowmobile on the many groomed trails. Some of the special features of this 4 bedroom walk-out home are 3 fireplaces, in-floor heat on both levels, two kitchens (great for entertaining), spacious rooms, lots of storage. The house and bunk house have been stained and the logs re-chinked. The deck is new with railing, stairway and has been re-stained. The bunk house, which also offers a sauna is great for overflow company. The pole building is 36 x 40 and has extra tall walls ideal for your RV & toy storage, the mezzanine adds even more storage. This property is close to two main towns offering shopping, schools and medical. Don't let this one get away!

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built2002

LevelsModified Two Story

Living area2,943 sqft

Above-grade finished1,503 sqft

Below-grade finished1,440 sqft

Lot size1.92 acres (208 x 600 x 100 x 569)

Days on market59

ListedJul 31, 2026

MLS #NST7117762

CountyItasca

Parcel #040324206

Facts & features

Interior

Bedrooms: 4
Bathrooms: 3
Bath breakdown: 2 full / 1 3/4
Heating: Fireplace(s), In-Floor Heating, Outdoor Boiler
Cooling: Ductless Mini-Split
Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, Freezer, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

Property

Levels / stories: Modified Two Story
Garage: 4 spaces · 36 x 40 · 1,440 sqft
Parking features: Detached Garage, Gravel, Electric, Garage Door Opener, Heated Garage, RV Access/Parking
Patio & porch: Deck, Wrap Around
Exterior features: Stone, Log
Pool: None

Construction

Property type: Residential
Property subtype: Single Family
Construction materials: Log
Foundation: Slab · 1,440 sqft
Roof: Metal
Year built: 2002

Utilities

Water: Drilled, Private
Sewer: Mound Septic, Private Sewer, Septic System Compliant - Yes
Fuel: Electric, Wood
Electric: Circuit Breakers, 200+ Amp Service

Community & HOA

HOA: No HOA
School district: 318 - Grand Rapids
High school district: Grand Rapids

Financial & listing details

Annual tax: $4,877 (2026)
Tax with assessments: 5024
Listed: Jul 31, 2026
Days on market: 59
Manufactured home: Yes

Interior details

Total bathrooms3

Full baths2

3/4 baths1

Half baths0

1/4 baths0

BasementBlock, In-Floor Heat, Walkout

HeatingFireplace(s), In-Floor Heating, Outdoor Boiler

CoolingDuctless Mini-Split

Fireplaces3

AppliancesAir-To-Air Exchanger, Dishwasher, Dryer, Freezer, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

AmenitiesDeck, Dock, Kitchen Center Island, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Natural Woodwork, Panoramic View, Sauna, Tile Floors, Vaulted Ceiling(s), Washer/Dryer Hookup, Walk-In Closet

AccessibilityDoors 36"+

Exterior & lot

ExteriorStone, Log

RoofMetal

FoundationSlab

Foundation area1,440 sqft

Patio/porchDeck, Wrap Around

Lot featuresIrregular Lot

Road frontageCounty Road, Township

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceDrilled, Private

SewerMound Septic, Private Sewer, Septic System Compliant - Yes

FuelElectric, Wood

Parking & garage

ParkingDetached Garage, Gravel, Electric, Garage Door Opener, Heated Garage, RV Access/Parking

Garage spaces4

Garage size1,440 sqft

Financial details

Annual taxes$4,877

Tax year2026

Taxes w/ assessments5024

Assessment pendingYes

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District318 - Grand Rapids

District number318

District phone2183275704

High schoolGrand Rapids

SODL flat fee brokerage

$17,985Estimated buyer credit

SODL platform fee $3,000Your buyer credit $17,985

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

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Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$4,316/mo

Principal & interest$3,676

Property taxes$406

Home insurance (est.)$233

Down payment

$139,900

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.