$499,000
For sale: Detached

Located on Lake of the Woods, just a twenty-five-minute drive from Rainy River, approximately one hour and twenty-five minutes from Fort Frances, this 1.52-acre waterfront property offers an excellent combination of comfort, convenience, and lakefront setting. With 170.6 feet of shoreline, a wide view over the lake, and drive-to-the-door access, this is an easy property to use and enjoy. The 1,276 sq. ft. log cabin was built in 2016 and features three bedrooms and two bathrooms. Built close to the lake, the cabin takes full advantage of its setting, with the sound of the water nearby and an incredible view across Lake of the Woods. The open-concept kitchen, dining, and living area is warm and inviting, with a wood-burning stove, plenty of natural light, and large windows that bring the lake view into the main living space. Practical features add significant value and make the property well-suited for extended-season or year-round use. The cabin is built on a slab with in-floor heat supplied by a propane-fired boiler, and the water line is heat-traced. There is a certified septic system and a drilled well, providing important infrastructure that is often difficult and expensive to add to waterfront property. The shoreline and site offer good potential for creating a private boat launch, or you can launch nearby at Harris Hill Resort, less than a 10-minute drive away. Whether you are looking for a comfortable Lake of the Woods retreat, a convenient border-area getaway, or a well-built waterfront cabin with year-round usability, Lot 3 Ivall Drive is a property worth seeing. Services include: Electricity from a propane-powered Yamaha generator. 100-amp electrical panel. Water is drawn from a drilled well. The water system is set up for year-round use. Heat is provided by in-floor heating from a propane-fired boiler and a wood-burning stove. Certified septic system. All appliances, bed, furniture, tools and the generator are included.
Sold data
Homes in Rainy River Remote Area took a median of 30 days to sell over the last 730 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 69, across 33 recorded sales.
The median sale price was $248,900.
Homes sold for about 4.2% below asking on average, so there was room to negotiate.
About 21% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 33 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
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