Stunning & Exclusive Northern Minnesota Lakeshore Property with Dream Build Potential
Comfortably nestled between Grand Rapids and Hibbing, Minnesota, right in the middle of the legendary Iron Range, the Itasca 50.2 offers more than just a dream-home build site. The property is a fully exclusive peninsula on the 328-acre Hart Lake, just south of Pengilly, Minnesota. The visionary builder will find countless spectacular build locations to establish a dream lake house overlooking the gorgeous Hart Lake.
The property features two established and fully manicured campsites, with room for full-size campers or wheelhouses, two docks and room to grow—turn-key ready to enjoy. The existing camper can be left if desired. There is also a small cabin offering a comfortable overlook into a scenic Hart Lake bay, with full privacy in nearly every direction.
With utilities available at the road, a 1/4-mile easement provides access to quality high-ground prime for dream lake-home development. The easement road is fully established offering firm foundation for gravel or eventual asphalt paving. The vast majority of the peninsula has been intensely managed to keep the understory at bay, allowing a wood, golf-course-like feel. It’s ready to build!
The 50-acre peninsula, shaded by a number of towering and majestic white pines, is less than a mile from the Hart Lake public boat launch, and adjacent to thousands and thousands of acres of state land offering tremendous hunting opportunity. Whitetail deer, wild turkeys, grouse, black bears and more are immediately available only expanding the outdoor lifestyle and desirability of this amazing location. This property offers the very best views available in Itasca County—don’t miss out on this incredible opportunity!
- 50.2 +/- acres
- Over 4,200 feet of lakeshore frontage on Hart Lake
- 2 established and manicured campsites
- Numbers of glorious lake-home build sites
- 2 Docks
- Established trails throughout
- Immediate access to thousands of acres of prime state land
- Utilities available at North Hart Lake Road
- 1/4-mile legally established and permanent easement/road
- Deer, turkey and grouse hunting available
- Hart Lake offers abundant crappies, largemouth bass, walleye and northern pike fishing
- 6 miles south of Pengilly, 22 miles west of Hibbing and 24 miles east of Grand Rapids
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Zillow last checked:
Listing updated:
Listed by:
Thomas Harrison Allen218-833-9677,
Midwest Land Group LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6826815
Facts & features
Interior
Features
Has basement: No
Property
Features
Fencing: None
Has view: Yes
View description: Bay, Panoramic
Has water view: Yes
Water view: Bay
Waterfront features: Lake Front, Waterfront Elevation(10-15), Lake Bottom(Excellent Sand)
Frontage length: Water Frontage: 4200
Lot
Size: 50.2 Acres
Features: Accessible Shoreline, Irregular Lot, Tree Coverage - Medium
Topography: High Ground,Wooded
Details
Additional structures: Lean-To, Screenhouse
Additional parcels included: 141093100
Parcel number: 141092401
Zoning description: Shoreline
Wooded area: 2178000
Utilities & green energy
Utilities for property: Electricity Available, None Connected, Private Well Available
Source: NorthstarMLS as distributed by MLS GRID #6826815Report a problem
12/13/2025
Listed for sale
$790,000-1.3%
Source: NorthstarMLS as distributed by MLS GRID #6826815Report a problem
11/19/2025
Listing removed
$800,000
Source: NorthstarMLS as distributed by MLS GRID #6742273Report a problem
6/19/2025
Listed for sale
$800,000
Source: NorthstarMLS as distributed by MLS GRID #6742273Report a problem
6/14/2025
Listing removed
$800,000
Source: NorthstarMLS as distributed by MLS GRID #6613390Report a problem
4/14/2025
Price change
$800,000-7%
Source: NorthstarMLS as distributed by MLS GRID #6613390Report a problem
10/4/2024
Listed for sale
$860,000
Source: NorthstarMLS as distributed by MLS GRID #6613390Report a problem
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Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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