Date
Details
Price
Change
Source
3/16/2026
Listed
$429,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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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.
Full Property Details
Full Property Details for 28654 Grozys Point Rd
General
- Price: $429,900
- Taxes: $3,217 (2025)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7033898
- Updated: 3/16/2026
- Added to Site: 1 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Gas, Wood-Burning
- Appliances: Dryer, Electric Water Heater, Freezer, Fuel Tank - Owned, Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry Room, Laundry Room
Exterior
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Garage Spaces: 5
- Carport Spaces: 1
- Parking Features: Carport, Detached Garage, Asphalt, Electric, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages, Storage
Location
- County: Itasca
- Township: Lone Pine Twp
- Subdivision: Auditors Sub 36
- Driving Directions: From Hwy 169 between Grand Rapids and Hibbing, head south on Hwy 65 for 4.6 miles. Turn left on Cty Rd 12 for approximately 1.7 miles. Turn left on Grozy's Point Rd, driveway is about 400 ft down on the right.
School Information
- School District: 1412 - Nashwauk-Keewatin
- High School District: Nashwauk-Keewatin
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Baseboard, Forced Air, Fireplace(s)
- Heating Fuel: Electric, Propane, Wood
Utilities
- Sewer: Other
- Water: Drilled
Structural Information
- Basement: Yes
- Foundation Size: 864
- Roof: Asphalt
- Disability Access: Other
- Square Feet: 1,728
- Above Ground: 1,728 Sq. Ft.
- Finished Down/Base.: 1,728 Sq. Ft.
- Year Built: 1973
Additional Structures
- Other Structures: Garage(s), Other
Lot Features
- Lot Size (Acres): 1.29
- Lot Dimensions: 100 x 555
- Frontage: Private Road
- Zoning: Residential-Single Family
- Lot Description: Accessible Shoreline, Medium Tree Coverage
Water Features
- Water Front Desc.: Lakefront
- Water Front Feet: 106
- Lake Front: Yes
- Lake Bottom: Sand
Financial Considerations
- Tax Amount: $3,217
- Tax Year: 2025
- Terms: Conventional, VA, FHA, Cash
Disclosures and Reports
- Legal Description: AUDITORS SUBDIVISION NUMBER 36 LOT 3
- Property ID: 254200030
Listed by Mn Direct Properties
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Schools
Schools serving 28654 Grozys Point Rd
School District:Nashwauk-Keewatin School District
| Name | Grades | Distance |
|---|---|---|
Keewatin Elementary School 300 West 3rd Avenue, Keewatin, MN 55753 | PK-6 | 8.7 mi |
Nashwauk Secondary 400 2nd Street, Nashwauk, MN 55769 | 7-12 | 5.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 28654 Grozys Point Rd
Tax History
Tax History for 28654 Grozys Point Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,298
—
$379,600
11%
2025
$3,298
4%
$341,500
25%
2024
$3,164
31%
$273,000
8%
2023
$2,408
17%
$251,900
10%
2022
$2,060
9%
$228,500
1%
2021
$1,898
9%
$226,200
—
2020
$1,738
-1%
$226,200
100%
2019
$1,758
21%
100%
2017
$1,448
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 28654 Grozys Point Rd
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28654 Grozys Point Road, Pengilly, MN 55775 (MLS# 7033898) is a Single Family property with 4 bedrooms and 2 full bathrooms. 28654 Grozys Point Road is currently listed for $429,900 and was received on March 15, 2026. Want to learn more about 28654 Grozys Point Road? Do you have questions about finding other Single Family real estate for sale in Pengilly? You can browse all Pengilly real estate or contact a Coldwell Banker agent to request more information.