Completely renovated home near Mille Lacs Lake in Isle, MN! Enjoy the best of small-town living and lake area recreation with this cozy 2-bedroom, 1-bath home located on a spacious 0.744-acre lot on the edge of Isle, Minnesota! Completely renovated in 2026, this move-in-ready property offers an incredible combination of affordability, modern updates, and an unbeatable location. Nearly everything inside and out is brand new! Exterior improvements include a newer metal roof, new vinyl siding, and new windows. Interior updates include new flooring, walls, kitchen, appliances, and a beautifully updated 3/4 bathroom. Additional improvements include updated plumbing, electrical, and a newer water heater. The HVAC system is approximately 5 years old. The home is connected to city water and sewer, with natural gas available. Location is what really sets this property apart! Situated on the south side of beautiful Mille Lacs Lake, you're just steps from the Soo Line Trail system and only 1–3 blocks from everything Isle has to offer. Enjoy easy access to Father Hennepin State Park, world-class fishing, Grand Casino, and a fenced dog park just a couple of blocks away. Looking for an affordable year-round home, weekend getaway, or fishing cabin? This property checks all the boxes! Located approximately 90 minutes from the Twin Cities, it's an easy escape from the hustle and bustle while keeping you close to all the recreation and amenities the Mille Lacs area has to offer. With nearly three-quarters of an acre, there's also plenty of room to add a garage, pole building, or additional storage to suit your needs. Affordable, fully renovated, and in a fantastic location near Mille Lacs Lake — this is an opportunity you won't want to miss!
Single-familyProperty Type
1935Year Built
0.74 acresLot Size
$274Price/Sq.Ft.
Listed by Hans Woelfle• Keller Williams Realty Professionals
It's all about that lot!!! Finding a city lot of this capacity is almost impossible...a private 2.25 acre lot nestled in at the edge of town in the city of Isle, just moments away from the joyful recreation opportunities of Mille Lacs Lake! Jump on the Soo Line Trail, check out local summer festivals, restaurants, golf, state parks, public land all around! This lot offers privacy and room to roam! A generational home occupied by one family for many many years...make this property your new project or consider you future building plans here! Year built unknown, but county shows age 1935. Some new windows, newer metal roof.
Year
Property tax
Land + Additions
Assessment*
2026
$1,466 (+5.6%)
$57,300 + $39,900
$97,200
2025
$1,388 (+0.1%)
$51,000 + $40,100
$91,100
2024
$1,386 (+31.5%)
$51,000 + $38,800
$89,800
2023
$1,054 (−10.2%)
$38,100 + $30,000
$68,100
2022
$1,174 (+10.1%)
$33,400 + $29,000
$62,400
2021
$1,066 (−6.5%)
$32,400 + $28,500
$60,900
2020
$1,140 (+70.7%)
$31,400 + $28,300
$59,700
2019
$668 (−1.5%)
2018
$678 (+0.9%)
2017
$672 (+7.7%)
2015
$624 (+6.5%)
2014
$586 (+27.4%)
2013
$460 (−16.4%)
2012
$550
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
2.25 Acres
Year renovated
—
Finished Sq. Ft.
608
Unfinished Sq. Ft.
—
Total Sq. Ft.
608
Year built
1935
Style
Single Family Residential
County
Mille Lacs County
APN
200114000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 30, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
1/10 Heat Factor
7 days above 94° expected this year, 13 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Isle, MN • 56342
Average low and high temperatures (°F)
18
1
26
8
42
23
51
33
66
44
73
55
80
62
75
59
71
53
58
42
41
29
24
11
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 24% for direct sun exposure in Isle. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 475 3rd Ave S
$174,493
$407 under list price of $175K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $105K to $265K.