Lori Gustafson

40330 Bray Lake Road

Nashwauk, MN
$ 699,500 Beds 4 Baths 3 Sq 2,943
Monthly Estimate* How much can I afford?

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!

Single Family

  • Price
  • $ 699,500
  • City
  • Nashwauk
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • ITASCA
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 1.92 Acres
  • Zip
  • 55769
  • Sqr Footage
  • 2,943
  • Year Built
  • 2002
  • Taxes
  • $ 4877
  • Style
  • Single Family
  • MLS#
  • 7117762
Listed By: RE/MAX Advantage Plus
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2943
Sewer Mound Septic,Private Sewer,Septic System Compliant - Yes
Heating Fireplace(s),In-Floor Heating,Outdoor Boiler
Cooling Ductless Mini-Split
Roof Metal
Appliances Air-To-Air Exchanger,Dishwasher,Dryer,Freezer,Range,Refrigerator,Stainless Steel Appliances,Washer,Water Softener Owned
Garage Spaces 4
Pool Features None
Construction Materials Log
Year Built 2002
Electric Circuit Breakers,200+ Amp Service
View Panoramic
Levels Modified Two Story
Property Subtype Single Family
Tax Year 2026
Waterfront Features Lake Front
Accessibility Doors 36 +
County Itasca
New Construction No
Property Type Residential
HOA No
Contingency None
Other Structures Bunk House,Pole Building,Sauna
Full Baths 2
Directions Hwy 169 E to L on Scenic Hwy 7,to R on Cty Rd 8 to L on Cty Rd 56 to L on Bray Lake Road to Fire number 40330 on R. or Hwy 169 E to North on Hwy 65 (Nashwauk) to L on Cty Rd 56 to R on Bray Lake R
City Nashwauk
High School District Grand Rapids
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 4877
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Deck,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
PostalCity Nashwauk

Interior Features

Basement Block,In-Floor Heat,Walkout
Total Fireplaces 3
Fireplace Features Two Sided,Family Room,Living Room,Wood Burning
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1503
3/4 Baths 1
Total Bedrooms 4
Below Grade Finished Area 1440
Total Baths 3
Bath Desc 3/4 Basement,Full Primary,Main Floor 3/4 Bath
Foundation Dimensions 36 x 40
Fuel Electric,Wood
Garage Dimensions 36 x 40
Garage Door Width 14
Garage Square Feet 1440
Waterfront Feet 208

Exterior Features

Parking Features Detached Garage,Gravel,Electric,Garage Door Opener,Heated Garage,RV Access/Parking
Lot Features Irregular Lot
Water Source Drilled,Private
Lot Size Area 1.92
Building Area Total 2943
Lot Dimensions 208 x 600 x 100 x 569
Waterfront Y/N Yes
Foundation Area 1440
Road Frontage Type County Road,Township
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/31/2026 Listed $725,000
9/17/2026 4% - $699,500

Property vs Zip Code Average in 55769

Price
AVG $280K
$700K
Taxes
AVG $1,691
$4,877
Year Built
AVG 1963
2002
Visits
AVG 12
27
Data Provided by Inside Real Estate®

Areas That We Cover

40330 Bray Lake Road Nashwauk, MN is a Single Family Home for sale at $699500 with 2943 sqft and a lot size of 1.92 Acres Acre(s). 40330 Bray Lake Road Nashwauk has 4 bedrooms, 3 baths and was built in 2002. The property's zip code is 55769 which is in Nashwauk, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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