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For sale
  • Price cut: $26K (6/28)
    $749,000

    5000 Lakeshore Dr, Makinen, MN 55763-000

    1beds
    775sqft
    : 
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    Single Family Residence
    Built in 1926
    2.5 Acres Lot
    $881,000 Zestimate®
    $966/sqft
    $-- HOA

    What's special

    Cozy one-bedroom two-bath homePrivate boat launchUpper-level officeSandy beach
    Rare Lakefront Opportunity on Whiteface Reservoir — First Time Ever Offered to the Public and the Seller is MOTIVATED. Discover one of the most extraordinary lakefront properties in Northern Minnesota, now available for the very first time. Nestled on a private peninsula along the pristine shores of Whiteface Reservoir, this remarkable 2.5+ acre estate offers over 1,200 feet of coveted lakeshore — a figure that speaks for itself. With a sandy beach, a private boat launch, and sweeping water views from nearly every direction, this peninsula setting is truly unmatched. The property includes a cozy one-bedroom, two-bath home, perfect as a primary residence, cabin retreat, or guest quarters. It also features a large, heated garage with a studio space and an upper-level office — both easily convertible into additional living space to suit your vision. Step outside to your private outdoor sauna and shower, where the boundary between rustic luxury and natural beauty simply dissolves. With a rich history as a former campground, the land is well-suited for continued recreational use, a family compound, or thoughtful redevelopment. A 40 x77 prepped and seasoned building pad is ready for your dream build, and a brand new well and septic system mean the infrastructure is in place and waiting. Whether you envision a private family retreat, a luxury lodge, or a one-of-a-kind investment property, the bones are already here. Properties like this don't come along. Ever. Call to schedule a tour!
    131 days
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    893
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    29
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    Zillow last checked:

    Listing updated:

    Listed by:

    Norma Jean Jofs 218-780-2860,

    Next Door Realty

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6124025MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bedrooms: 1
      Bedroom
      • Level: Main
      • Area: 194.58 Square Feet
      • Dimensions: 13.8 x 14.1
      Kitchen
      • Description: Living Room-Kitchen-Dining Room are all combined.
      • Level: Main
      • Area: 262.08 Square Feet
      • Dimensions: 15.6 x 16.8
      Other
      • Description: This room is currently used as a walkin closet but could be used as a small bedroom.
      • Level: Main
      • Area: 62.9 Square Feet
      • Dimensions: 7.4 x 8.5
      Heating
      • Fireplace(s), Wood, Electric
      Cooling
      • None
      Appliances
      • Included: Water Heater-Electric, Water Softener-Owned, Dishwasher, Dryer, Range, Refrigerator, Washer
      • Laundry: Main Level, Dryer Hook-Ups, Washer Hookup
      Features
      • Sauna, Walk-In Closet(s)
      • Doors: Patio Door
      • Basement: N/A
      • Number of fireplaces: 2
      • Fireplace features: Multiple
      Interior area
      • Total interior livable area: 775 sqft
      • Finished area above ground: 775
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Gravel, Detached, Attic, Electrical Service, Heat, Insulation
      • Garage spaces: 2
      Features
      • Patio & porch: Deck
      • Has view: Yes
      • View description: Inland Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Inland Lake, Waterfront Access(Public), Shoreline Characteristics(Sand)
      • Body of water: Whiteface Reservoir
      • Frontage length: 1200
      Lot
      • Size: 2.5 Acres
      • Dimensions: 240 x 500
      • Features: Irregular Lot, Tree Coverage - Medium, High, Level, Island/Peninsula
      Details
      • Additional structures: Sauna
      • Parcel number: 3006000055800

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Other, Frame/Wood
      • Roof: Asphalt Shingle
      Condition
      • Previously Owned
      • Year built: 1926

      Utilities & green energy

      • Electric: Lake Country Power
      • Sewer: Mound Septic
      • Water: Drilled
      • Utilities for property: Fiber Optic

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Makinen

      Financial & listing details

      • Price per square foot: $966/sqft
      • Annual tax amount: $1,589
      • Date on market: 3/13/2026
      • Cumulative days on market: 132 days
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $881,000

        $837,000 - $925,000

        $1,525/mo

        Price history

        DateEventPrice
        6/28/2026Price change$749,000-3.4%$966/sqft
        Source: Range AOR #149611 Report a problem
        6/11/2026Price change$775,000-7.2%$1,000/sqft
        Source: Range AOR #149611 Report a problem
        5/15/2026Price change$834,900-1.8%$1,077/sqft
        Source: Range AOR #149611 Report a problem
        4/22/2026Price change$849,900-2.9%$1,097/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6124025 Report a problem
        4/9/2026Price change$874,900-2.8%$1,129/sqft
        Source: Range AOR #149611 Report a problem
        3/21/2026Price change$899,900-5.2%$1,161/sqft
        Source: Range AOR #149611 Report a problem
        3/13/2026Listed for sale$949,000$1,225/sqft
        Source: Range AOR #149611 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

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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: 55763

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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