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$540,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 1,200 Sq. Ft.
  • 1 Car Garage
  • Updated 11 hours ago
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This beautifully renovated 2BR, 1BA home is situated in a highly sought-after location at the end of a quiet road on the S shores of Mille Lacs Lake. It boasts panoramic views on its expansive 157' of lakeshore. This spot is ideal for year-round fishing, slow-cruising & sports. It sits on a spacious 1/2-acre lot with a private launch to take off on Mille Lacs! Enjoy breathtaking sunrise views from the large covered lakeside patio-ideal for BBQs, relaxing with a drink, reading or taking a nap. The cabin underwent significant renovations the past few years, including a new roof, well, electrical updates & plumbing. It features oak floors, an updated bathroom, vaulted ceilings & a staircase leading to a bedroom with stunning views. Additional amenities include a new mini-split, 2 electric RV hookups, a renovated bunkhouse for guests with heat & AC & thoughtfully designed landscaping with tree & stump removal to maximize the views & yard space. Come check it out!

Full Property Details for 40586 Blair Way

General

  • Price: $540,000
  • Taxes: $3,318 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7048745
  • Updated: 4/12/2026
  • Added to Site: 3 day(s) ago

Interior

  • Appliances: Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Electric Dryer Hookup, Main Level, Washer Hookup, Electric Dryer Hookup, Main Level, Washer Hookup

Additional Information

  • Amenities: Ceiling Fan(s), Dock, Porch, Panoramic View, Vaulted Ceiling(s), Washer/Dryer Hookup

Exterior

  • Porch/Patio/Deck: Covered, Front Porch, Porch, Rear Porch, Side Porch

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Detached Garage, Gravel, Electric, RV Access/Parking, Storage

Location

  • County: Mille Lacs
  • Township: Wahkon
  • Subdivision: Waldemere -In Isle Harbor
  • Driving Directions: From Wahkon go W on Hwy 27 to 75th, then N to Blair Way. House is almost to the end of the road on the left.

School Information

  • School District: 1771 - Isle
  • High School District: Isle

Heating & Cooling

  • Cooling Type: Ductless Mini-Split
  • Heating Type: Baseboard, Ductless Mini-Split
  • Heating Fuel: Electric

Utilities

  • Sewer: Holding Tank
  • Water: 4-Inch Submersible, Private, Well

Structural Information

  • Basement: Yes
  • Basement Desc.: Block, Crawlspace, Partial, Sump Basket, Sump Pump
  • Foundation Size: 1018
  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • Disability Access: Partially Wheelchair
  • Square Feet: 1,200
  • Above Ground: 1,200 Sq. Ft.
  • Below Ground: 77 Sq. Ft.
  • Finished Down/Base.: 1,277 Sq. Ft.
  • Year Built: 1935

Additional Structures

  • Other Structures: Garage(s), Bunk House, Other, Storage Shed

Lot Features

  • Lot Size (Acres): 0.515
  • Lot Dimensions: 120 x 212 x 157 x 128
  • Frontage: No Outlet/Dead End, Paved Streets
  • Zoning: Shoreline, Residential-Single Family
  • Lot Description: Accessible Shoreline, Light Tree Coverage
  • Fencing (Description): Privacy

Water Features

  • Water Front Desc.: Lakefront, Lake View
  • Water Front Feet: 157
  • Water Front Elev.: 0-4
  • Lake Front: Yes
  • Lake Bottom: Gravel, Sand

Financial Considerations

  • Tax Amount: $3,318
  • Tax Year: 2026

Disclosures and Reports

  • Legal Description: WALDEMERE -(IN ISLE HARBOR) LOT 7 BLK D EX N 40 FT & LOT 8 BLK D
  • Property ID: 89200270

Listed by Bridge Realty, LLC

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— 40586 Blair Way —

  • Bridge Realty, LLC

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 40586 Blair Way

School District:Isle Public School District
NameGradesDistance
Isle Elementary School
730 5th Avenue South, Isle, MN 56342
PK-63.8 mi
Isle Secondary
730 5th Avenue South, Isle, MN 56342
7-123.8 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 40586 Blair Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/11/2026
Listed
$540,000
17.39%
MLS
5/15/2023
Sold
$460,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 40586 Blair Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,318
5%
$357,200
1%
2024
$3,158
-1%
$353,800
4%
2023
$3,176
1%
$339,200
2%
2022
$3,158
14%
$333,500
22%
2021
$2,762
-6%
$274,300
8%
2020
$2,928
-1%
$254,600
3%
2019
$2,944
11%
$248,200
-3%
2018
$2,664
-6%
$255,400
12%
2017
$2,824
-6%
$229,000
100%
2016
$3,008
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Bridge Realty, LLC

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40586 Blair Way, Wahkon, MN 56386 (MLS# 7048745) is a Single Family property with 2 bedrooms and 1 full bathroom. 40586 Blair Way is currently listed for $540,000 and was received on April 09, 2026. Want to learn more about 40586 Blair Way? Do you have questions about finding other Single Family real estate for sale in Wahkon? You can browse all Wahkon real estate or contact a Coldwell Banker agent to request more information.

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