For Sale170d on market
48XX Highway 61 N
Silver Bay, MN, 55614 • 55614 • Lake County
$899,000
6.5 acLot
Property DNA
On the Lake Superior
Lake Superior, Waterfront Access(Private), Shoreline Characteristics(Hard, Rocky, Undeveloped, Shore-Accessible, Shore-Cliff)
Scenic Views
Lake Superior · Panoramic
This home is getting attention
Listed 170 days ago · 628 views · 33 saves
Market activity
Demand and pricing signals for this listing
628 views
People checking out this listing
33 saves
Buyers have saved this home
170 days on market
Established listing
About this home
Lot
Experience the magic of Minnesota’s North Shore with this rare opportunity to own 6.53 acres of commercially zoned property, featuring 700 feet of shoreline on Lake Superior, in beautiful Beaver Bay. Whether you're envisioning a secluded private retreat, a cozy lakeside cabin, or a long-term investment in one of Minnesota’s most scenic and sought-after regions, this property offers an exceptional canvas for your vision. Wake up to breathtaking sunrises over the lake, and with the addition of stairs, gain direct access to the water. Launch your kayak into the crystal-clear waters of Lake Superior and start your day immersed in nature. Explore the endless outdoor adventures just minutes away, including the Superior Hiking Trail, Gooseberry Falls, and Split Rock Lighthouse State Park. Enjoy the charm of small-town living with easy access to local shops, restaurants, and art galleries, all within a scenic drive from Duluth. With towering pines, fresh lake air, and panoramic views from its elevated shoreline, this land captures the essence of North Shore living: peaceful, inspiring, and full of potential. Whether you're looking to build your dream home or invest in a property with unmatched natural beauty and location, this is your chance to create something lasting on the edge of the world’s largest freshwater lake. Lake Superior is calling...
Standout features identified
Our analysis highlights towering pines and fresh lake air as key attractions of this home.
Estimated monthly payment
Based on current rates
$5,736/month
Principal & Interest$4,537
Property Tax$899
Insurance$300
Down payment20% ($179,800)
3%50%
Est. 6.48% rate · 30yr fixed · $719,200 loan
Full calculator →Virtual Tour
Open in new tab ↗Loading virtual tour…
At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Parking & Outdoor
Lot6.53 Acres
Location & Tax
Neighborhood55614
Annual tax$5,403
ParcelTBD
Features & details
2 categories of property features
Exterior Features
Lot Features
Accessible Shoreline
Irregular Lot
Ravine
Tree Coverage - Heavy
Tree Coverage - Light
Tree Coverage - Medium
High
Level
Rolling Slope
Views
Lake Superior
Panoramic
Listing insights
Market data and value estimates
StatusFor Sale
Days on market170
Tax rate0.75%
On marketOct 7, 2025
PostedOct 7, 2025
MLS updatedNov 6, 2025
Tour days6
Views628
Favorites33
How are the schools in Silver Bay?
2 schools rated nearby
Location
Silver Bay, MN, 55614
Price history
1 event
DateEventPrice$/sqftSource
Oct 7, 2025Listed For Sale$899,000—Lake Superior Area Realtors as distributed by MLS GRID
Listed For Sale$899,000
Oct 7, 2025•Lake Superior Area Realtors as distributed by MLS GRID
Nearby homes
Neighborhood details
Local context around this listing
Silver Bay, MN • Lake County
Nearby cities
Beaver BayElyFinlandIsabellaKnife RiverSchroederSilver BayTwo Harbors
Nearby zip codes
556015560355614
Similar homes
Based on information submitted to the MLS GRID as of 2026-03-27 07:57:16 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#939)
No obligation · Same-day response