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 $1,233 (2025).

Does this home have a garage?

Yes, this home has a 2-car garage.

How long has this property been on the market?

This property has been listed for 411 days.

No photos available

Listed at

$225,000

40576 County Road 242

40576 County Road 242, Cohasset, MN, 55721

2 Bedrooms2 Bathrooms20.2 Acres

Days on market411

Year built1960

Garage spaces2

TypeResidential

Est. $3,750buyer credit when you buy with SODL

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About this home

Incredible Investment Opportunity – 20 Acre Gravel Pit with Home! Rare chance to own a 20-acre inactive gravel pit with endless potential for resource extraction, or income-generating opportunities. Located in a private and accessible area, this property offers both industrial value and residential potential. Included is a 2-bedroom, 2-bath fixer-upper home – perfect for renovation into an office, rental, or your private residence. With some TLC, this structure can become a comfortable home base or add significant value to your investment. Highlights: 20 acres of land with proven gravel reserves Great access to major roads/highways Existing well, septic, and power 2-bed, 2-bath home with solid structure – needs renovation Perfect for contractors, builders, investors, or anyone seeking a mixed-use property with income potential. Opportunities like this don’t come often, schedule your showing today and explore the full potential of this one-of-a-kind property!

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Home facts

Property typeResidential

Property subtypeSingle Family Residence

Year built1960

LevelsOne

Living area0 sqft

Above-grade finished0 sqft

Below-grade finished0 sqft

Lot size20.2 acres (1326 x 664)

Days on market411

ListedAug 8, 2025

MLS #NST6763625

CountyItasca

Parcel #690253301

Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Bath breakdown: 2 3/4
Heating: Baseboard
Cooling: None
Basement: Unfinished · 0 sqft finished

Property

Levels / stories: One
Garage: 2 spaces · 26 x 18 · 468 sqft
Parking features: Attached Garage, Gravel
Lot size: 20.2 acres
Lot dimensions: 1326 x 664
Accessibility: No Stairs External

Construction

Property type: Residential
Property subtype: Single Family Residence
Construction materials: Block, Concrete, Frame
Foundation: 1,092 sqft
Year built: 1960

Utilities

Water: Well
Sewer: Tank with Drainage Field
Fuel: Electric
Electric: 200+ Amp Service

Community & HOA

HOA: No HOA
School district: Grand Rapids

Financial & listing details

Annual tax: $1,233 (2025)
Tax with assessments: 1314
Listed: Aug 8, 2025
Days on market: 411 · 5 cumulative
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths0

3/4 baths2

Half baths0

1/4 baths0

BasementUnfinished

HeatingBaseboard

CoolingNone

DiningKitchen/Dining Room

AccessibilityNo Stairs External

Exterior & lot

Foundation area1,092 sqft

ZoningIndustrial,Residential-Single Family

Utilities

Water sourceWell

SewerTank with Drainage Field

FuelElectric

Parking & garage

ParkingAttached Garage, Gravel

Garage spaces2

Garage size468 sqft

Financial details

Annual taxes$1,233

Tax year2025

Taxes w/ assessments1314

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District number1410

District phone2183275704

High schoolGrand Rapids

SODL flat fee brokerage

$3,750Estimated buyer credit

SODL platform fee $3,000Your buyer credit $3,750

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.

Tour homes with SODL’s flexible showing network
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

$1,360/mo

Principal & interest$1,182

Property taxes$103

Home insurance (est.)$75

Down payment

$45,000

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.