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For sale
  • Price cut: $20K (6/19)
    $430,000

    4892 Hwy 61 N, Beaver Bay, MN 55601

    5beds
    2,208sqft
    : 
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    Single Family Residence
    Built in 1948
    4.43 Acres Lot
    $-- Zestimate®
    $195/sqft
    $-- HOA

    What's special

    Two-stall garageIts own wellTwo wells
    Discover the possibilities with this unique commercially zoned property along Lake Superior's breathtaking North Shore in Beaver Bay. Located just inland from the shoreline, this versatile property features a solid 5 bed/3 bath home ready for your personal updates, a two-stall garage, a spacious pole barn ideal for storage, hobbies, or business use, and a second building site with a concrete slab, its own well, septic system, and electrical hookups already in place. Whether you envision a new home, guest cabin, RV site, or outbuilding, the infrastructure is ready to support your plans. Whether you're searching for a year-round residence, a relaxing weekend retreat, a vacation rental, or a commercial opportunity, this property offers the flexibility and infrastructure to bring your vision to life. With two wells and two septic systems already on the property, the possibilities for expansion and future development are exceptional. Located in one of Minnesota's most sought-after destinations, you'll enjoy easy access to Gooseberry Falls State Park, Split Rock Lighthouse, and the scenic Superior Hiking Trail. The shops, restaurants, and welcoming atmosphere of Beaver Bay are just a short walk away, offering the perfect blend of small-town charm and outdoor adventure. Whether you're looking for a place to call home, an investment property, or the ideal location for your next business venture, this exceptional North Shore property is full of opportunity.
    283 days
    |
    805
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Rachel Betts Larson 218-591-9652,

    Adolphson Real Estate,

    Mary Lahti Livingston 218-349-1996,

    Adolphson Real Estate

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6122410MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • 1/4 bathrooms: 1
      Heating
      • Propane
      Appliances
      • Included: Dryer, Range, Refrigerator, Washer
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,208 sqft
      • Finished area above ground: 1,104
      • Finished area below ground: 1,104

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached
      • Garage spaces: 2
      Features
      • Has view: Yes
      • View description: Panoramic
      Lot
      • Size: 4.43 Acres
      • Dimensions: 4.43 acres, irregular
      Details
      • Additional structures: Pole Building
      • Foundation area: 1140
      • Parcel number: 26550707310, 26550707350

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Block, Wood, Concrete Block, Frame/Wood
      • Roof: Asphalt Shingle
      Condition
      • Previously Owned
      • Year built: 1948

      Utilities & green energy

      • Electric: Coop Power & Light
      • Sewer: Mound Septic
      • Water: Shared, Drilled

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Beaver Bay

      Financial & listing details

      • Price per square foot: $195/sqft
      • Annual tax amount: $1,796
      • Date on market: 10/11/2025
      • Cumulative days on market: 284 days
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/19/2026Price change$430,000-4.4%$195/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6122410 Report a problem
        10/11/2025Listed for sale$450,000$204/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6122410 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        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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        Climate risks

        Neighborhood: 55601

        Getting around

        7 / 100
        Car-Dependent
        7 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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