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MLS# 6736823 - 20035 Grouse Road Lake Emma Twp, MN 56470

Welcome to Walters Resort – Your Minnesota Lakefront Retreat Nestled on the tranquil shores of one of Minnesota’s pristine lakes and along the Mantrap Chain, Walters Resort offers an unbeatable combination of natural beauty, modern comfort, and classic Northwoods charm. Whether you're seeking a family-friendly vacation spot, a peaceful fishing getaway, or a turn-key investment opportunity, this property delivers. Property Highlights: Prime Lakefront Location: Enjoy private shoreline access perfect for boating, swimming, or relaxing with a sunset & sunrise view. Multiple Cabins/Lodging Options: Well-maintained cabins with rustic elegance, each featuring full kitchens, cozy living areas, and outdoor space. 4 brand new seasonal campsites with new well, septic and pump house with 6' deep water lines and separately metered electric including 20, 30, & 50 amp hook-up. Onsite Amenities: Fish cleaning house, fire pits, grills, boat rentals, docks, swimming platform, kayaks, canoes, and recreational areas for guests of all ages. Ability to enjoy summer lake life, fall colors, winter ice fishing, and spring wildlife watching. Location Location Location! Zorbaz: 0.2 miles (ATV/Snowmobile trail accessing the Paul Bunyan State Forest) Dorset: 1.8 miles (Restaurants, ice cream shop, retail, antique shops, heartland trail, etc.) Nevis: 7.3 miles Park Rapids: 8.4 miles Itasca State Park (Mississippi Headwaters): 26 miles (over ½ million visitors/year) Expansion Potential: Additional 9.19 adjacent acres available with 3-bedroom lake front, year-round renovated home with new well and septic and proposed 12 added seasonal campsites. Available for purchase with the 8 cabins offered! Whether you're looking to continue its legacy as a cherished lakeside resort or explore development opportunities, Walters Resort is a rare find in the heart of Minnesota’s outdoor paradise.
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Mortgage & Tax Calculator [Estimated]
Purchase Price ($):
Down Payment ($):
Down Payment (%):
Est. Best Interest Rate (%):
Term of Loan (Years):
Monthly Payment:
$5,655 + $417(tax)
Est. Monthly Total: $6,072
*does not include insurance and all numbers are estimated.
Summary
Type: COM | Commercial Sale - Resort
Price: $1,195,000
$331/sf
Transaction: For Sale
Status: Active
Contingencies: None
Agent Owned: No
Lender Owned: No
Current Use: Resort
Zoning: Business/Commercial, Residential-Multi-Family
Square Footage: 3,610 sq ft
Year Built: 1958
Foundation: 450 sq ft
Garage: Yes
Waterfront: Yes
Stories: One
Listed at: Wed Jun 11 2025 5:00:00 AM
Listing Age: 34 days
School District: 309-Park Rapids | 218-237-6500
County: Hubbard
Building Details
In Home Details
Construction Material: Brick/Stone, Log Siding
Additional Details: Deck, Dock, Patio
Exterior
Siding: Brick/Stone, Log Siding
Roof: Asphalt
Utilites
Water: Drilled, Private, Shared System, Sand Point, Well
Sewer: Septic System Compliant - Yes
Cooling: Ductless Mini-Split, Wall Unit(s)
Heating: Baseboard, Fireplace(s), Space Heater, Electric, Propane, Wood
Property / Waterfront
Property Details
Garage: 4 spaces, Off Site
Lot Dimensions: Corner Lot, Irregular Lot
Amentities Unit: Deck, Dock, Patio
Agent Owned: No
Utilities: Electric Common
Waterfront Details
Body of Water: Ida
DNR Lake ID: 29017000
Type: Lake Front
Frontage: 1700 ft
Lake Acres: 74 acres
Max Depth: 40 ft
View: Lake Front
Slope: Level
Others
School Information
District Number: 309-Park Rapids
District Phone: 218-237-6500
Financial Considerations
Tax Property ID: 163503000
Tax Amount: $5,007 for 2025
Listing Data
Listed Price: $1,195,000
Days on market: 15 days
First Listed at: Wed Jun 11 2025 5:00:00 AM
Last Updated at: Thu Jun 26 2025 4:59:03 PM
Contingencies: None
Assessments: No
Foreclosure: No
Lender Owned: No
Unit Information
Summary
Rental Units: 8

Rice Real Estate Services, LLC is the brokerage office representing the owner for this listing.
© Copyright 2025, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
AfterNorth is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of AfterNorth, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at Jul 15 2025 7:04AM.

Welcome to Walters Resort – Your Minnesota Lakefront Retreat Nestled on the tranquil shores of one of Minnesota’s pristine lakes and along the Mantrap Chain, Walters Resort offers an unbeatable combination of natural beauty, modern comfort, and classic Northwoods charm. Whether you're seeking a family-friendly vacation spot, a peaceful fishing getaway, or a turn-key investment opportunity, this property delivers. Property Highlights: Prime Lakefront Location: Enjoy private shoreline access perfect for boating, swimming, or relaxing with a sunset & sunrise view. Multiple Cabins/Lodging Options: Well-maintained cabins with rustic elegance, each featuring full kitchens, cozy living areas, and outdoor space. 4 brand new seasonal campsites with new well, septic and pump house with 6' deep water lines and separately metered electric including 20, 30, & 50 amp hook-up. Onsite Amenities: Fish cleaning house, fire pits, grills, boat rentals, docks, swimming platform, kayaks, canoes, and recreational areas for guests of all ages. Ability to enjoy summer lake life, fall colors, winter ice fishing, and spring wildlife watching. Location Location Location! Zorbaz: 0.2 miles (ATV/Snowmobile trail accessing the Paul Bunyan State Forest) Dorset: 1.8 miles (Restaurants, ice cream shop, retail, antique shops, heartland trail, etc.) Nevis: 7.3 miles Park Rapids: 8.4 miles Itasca State Park (Mississippi Headwaters): 26 miles (over ½ million visitors/year) Expansion Potential: Additional 9.19 adjacent acres available with 3-bedroom lake front, year-round renovated home with new well and septic and proposed 12 added seasonal campsites. Available for purchase with the 8 cabins offered! Whether you're looking to continue its legacy as a cherished lakeside resort or explore development opportunities, Walters Resort is a rare find in the heart of Minnesota’s outdoor paradise.

Rice Real Estate Services, LLC is the brokerage office representing the owner for this listing.
© Copyright 2025, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
AfterNorth is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of AfterNorth, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at Jul 15 2025 7:04AM.