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.
Active
$429,900
28654 Grozys Point Rd, Pengilly, MN 55775
4beds
1,728sqft
Est.:
Single Family
Built in 1973
1.29 Acres Lot
$-- Zestimate®
$249/sqft
$-- HOA
What's special
- 29 days |
- 3,829 |
- 139 |
Zillow last checked: 7 hours ago
Listing updated: March 31, 2026 at 07:54am
Listed by:
Debra Bruns 218-398-2982,
MN DIRECT PROPERTIES
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7033898
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bonus room
- Level: Upper
Dining room
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Sun room
- Level: Main
Heating
- Baseboard, Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Dryer, Electric Water Heater, Freezer, Range, Refrigerator, Washer
- Laundry: Laundry Room
Features
- Basement: None
- Number of fireplaces: 2
- Fireplace features: Gas, Wood Burning
Interior area
- Total structure area: 1,728
- Total interior livable area: 1,728 sqft
- Finished area above ground: 1,728
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Carport, Detached Garage, Asphalt, Electric, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages, Storage
- Garage spaces: 5
- Carport spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Other
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Has view: Yes
- View description: East
- Waterfront features: Lake Front, Lake Bottom(Sand)
- Frontage length: Water Frontage: 106
Lot
- Size: 1.29 Acres
- Dimensions: 100 x 555
- Features: Accessible Shoreline, Tree Coverage - Medium
Details
- Additional structures: Garage(s), Other
- Foundation area: 864
- Parcel number: 254200030
- Zoning description: Residential-Single Family
- Other equipment: Fuel Tank - Owned
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Electric: 200+ Amp Service, Power Company: Lake Country Power
- Gas: Electric, Propane, Wood
- Sewer: Other
- Water: Drilled
Community & HOA
Community
- Subdivision: Auditors Sub 36
HOA
- Has HOA: No
Location
- Region: Pengilly
Financial & listing details
- Price per square foot: $249/sqft
- Tax assessed value: $379,600
- Annual tax amount: $3,217
- Date on market: 3/15/2026
- Cumulative days on market: 198 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/16/2026 | Listed for sale | $429,900-13.8%$249/sqft |
Source: | ||
| 1/27/2026 | Listing removed | $499,000$289/sqft |
Source: | ||
| 10/18/2025 | Price change | $499,000-3.9%$289/sqft |
Source: | ||
| 8/27/2025 | Price change | $519,000-5.5%$300/sqft |
Source: | ||
| 8/5/2025 | Price change | $549,000-5.2%$318/sqft |
Source: | ||
| 7/26/2025 | Listed for sale | $579,000$335/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,119 +32% | $367,214 +9.6% |
| 2023 | $2,363 +17.3% | $334,995 |
| 2022 | $2,015 +8.7% | -- |
| 2021 | $1,853 +9.5% | -- |
| 2020 | $1,693 -1.2% | -- |
| 2019 | $1,713 +11.9% | -- |
| 2018 | $1,531 -12.9% | -- |
| 2017 | $1,758 +21.4% | -- |
| 2016 | $1,448 | -- |
| 2015 | $1,448 +8.5% | -- |
| 2014 | $1,334 | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
$2,417/mo
Principal & interest
$2105
Property taxes
$312
More affordability tools
Climate risks
Neighborhood: 55775
Nearby schools
GreatSchools rating
- 3/10Keewatin Elementary SchoolGrades: PK-6Distance: 8.7 mi
- 6/10Nashwauk SecondaryGrades: 7-12Distance: 5.9 mi
Local experts in 55775
- Minnesota
- Itasca County
- Pengilly
- 55775
- 28654 Grozys Point Rd




