Home for Sale at 37301 2nd Street, Crosslake, MN 56442

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37301 2nd Street
Crosslake, MN 56442

Bruce K Larson with Keller Williams Realty Professionals, original listing - (218) 454-4300

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Property Details

List Price:	$2,995,000
Beds:	6
Baths:	Full: 1, ½: 1, ¾: 2
Status:	Active Under Contract
SqFt:	3165 Square Feet
Agency:	Keller Williams Realty Professionals
Agency Phone:	(218) 454-4300

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Description/Comments

Lot Size:	1 acre(s)
Garage:	Garage
Property Type:	Residential-Single Family Residence
Year Built:	1947
Notes:	Experience the luxury of this exceptional west-facing estate on the Whitefish Chain, featuring an impressive 263 feet of frontage on Rush. The property encompasses 3,165 square feet of remodeled living space in 2013 including a main cabin with 2 bedrooms, a loft, and 3 bathrooms, complete with an attached insulated 3-stall garage, and a guest cabin boasting 4 bedrooms and a bath, along with a 3-stall insulated and heated attached garage. Additionally, a fabulous, well-appointed lakeside beach house. Situated on a remarkable 2.44-acre lot, this private estate is surrounded by magnificent mature Norway Pines. The property offers moderate, gradual elevation and an outstanding sandy beach that invites you to enjoy endless summer activities. The main house exemplifies one-level living, featuring a stunning floor-to-ceiling stone fireplace and a sprawling lakeside deck—perfect for hosting memorable meals with friends. With an updated kitchen equipped with stainless steel appliances and a wet bar designed for entertaining, this home is built for those who appreciate the finer things in life. Relax in the lakeside screened porch with a vaulted ceiling, unwind in the hot tub, or rinse off in the outdoor shower after a day on the water. The guest cabin captures the true Up North feel year-round, showcasing a living area above the garage with a vaulted wooden ceiling and elegant hardwood floors. Cozy up by the wood-burning stove in the living room, or bask in the sun with refreshments on the lakeside deck or lower patio. The fully equipped kitchen and three-quarter bathroom enhance convenience and comfort. The charming lakeside beach house features built-in cabinetry and a refrigerator, making it effortless to grab a cold drink while soaking in the breathtaking lake views from the dock. Conveniently located just minutes from all the amenities Crosslake has to offer—such as outstanding restaurants, various retail shops, premier golf courses, and extensive hiking and biking trails—this property is your gateway to an active and enjoyable lifestyle. Embrace the opportunity to own one of Rush Lake's finest west-facing properties—this is a rare find you won’t want to miss!
MlsNumber:	--
ListingId:	6754986

Listing Provided By:	Keller Williams Realty Professionals, original listing
Phone:	(218) 831-7653
Office Phone:	(218) 454-4300
Agent Name:	Bruce K Larson
Disclaimer:	Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.