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Sold for $855,000
  • $855,000

    5277 E Lakeview Dr, Silver Bay, MN 55614

    3beds
    1,641sqft
    Single Family Residence
    Built in 1960
    2.7 Acres Lot
    $928,600 Zestimate®
    $521/sqft
    $2,305 Estimated rent

    Home value

    $928,600

    $845,000 - $1.01M

    $2,305/mo

    Zestimate® history
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    What's special

    Fun ropes courseGardening toolsSemi open floor planCross-country skiGranite countersGooseberry fallsFantastic overflow space
    Spectacular & Special! A Rare Opportunity to Live on the North Shore or to use this adorable 3+ bedroom, 2 bath Ranch as your North Shore Cabin! Nestled on your own little slice of Lake Superior Paradise, this home is simple, yet, pretty with an absolutely fabulous 430+ft of accessible Lake Superior Shoreline! Walk your own peninsula sitting on the blue waters....meander on your trail winding you through 2.7 acres of trees & privacy on your lot...sit by your fire pit overlooking the lake...or.... walk down to one of the 2 coves where your private beach area sits! A stairway was constructed which makes it easier to get to the cove & the "historic" boathouse dating back to when there was commercial fishing on this land! Enjoy the sunrise, sunset & expansive open water views from so many angles! The varied landscape has it all! This cute ranch home has been well maintained through the years! Walk into a 1960's vintage ranch with a remodeled kitchen as your highlight! Granite Counters, tiled backsplash, breakfast bar and custom cabinetry are yours, with enough room for everyone to move about! Hardwood floors grace the main level with a semi open floor plan for gathering! The dining room floods with all day light and has sliding doors to the south facing deck and leads immediately into a comfortable living room with wood burning fireplace & deck access! 3 bedrooms with a 3/4 bath share the main level with a cabin- like warmth for family and friends! The Walk Out lower level provides fantastic overflow space with a generous sized bunk room and a mudroom entry! The 3/4 bath on this level is even more convenient! Don't forget the 2-car garage for northern Minnesota storage....4 wheelers, snowblowers, gardening tools, an extra car...place it all here! Access in Silver Bay doesn't disappoint! Access minutes away... to trail systems like the Bean & Bear loop - one of the most spectacular sections of hiking, Tettegouche State Park camping & hiking, Gooseberry Falls, Black Beach, and so much more. Experience the fun ropes course in town and access to pristine trail systems, alpine ski at Lutsen Mountain or cross-country ski, all within minutes! Take in nature and all the North Shore has to offer! Make this your family heirloom for years to come! Invest in the North Shore of Stunning Northern Minnesota!

    Zillow last checked:

    Listing updated:

    Listed by:

    Deanna Bennett 218-343-8444,

    Messina & Associates Real Estate

    Bought with:

    Molly O'Neill, MN 40744804

    Lutsen Real Estate Group

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6111098MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • 3/4 bathrooms: 2
    • Main level bedrooms: 1
    Bedroom
    • Level: Main
    • Area: 80 Square Feet
    • Dimensions: 10 x 8
    Bedroom
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10 x 10
    Bedroom
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10 x 10
    Dining room
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 11 x 13
    Entry hall
    • Level: Main
    • Area: 36 Square Feet
    • Dimensions: 6 x 6
    Kitchen
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 14 x 11
    Laundry
    • Level: Lower
    • Area: 60 Square Feet
    • Dimensions: 5 x 12
    Living room
    • Level: Main
    • Area: 285 Square Feet
    • Dimensions: 19 x 15
    Mud room
    • Level: Lower
    • Area: 112 Square Feet
    • Dimensions: 8 x 14
    Office
    • Level: Lower
    • Area: 304 Square Feet
    • Dimensions: 16 x 19
    Storage
    • Level: Lower
    • Area: 264 Square Feet
    • Dimensions: 11 x 24
    Heating
    • Forced Air, Oil
    Features
    • Basement: Full,Finished,Walkout,Bath,Bedrooms,Utility Room,Washer Hook-Ups,Dryer Hook-Ups
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total interior livable area: 1,641 sqft
    • Finished area above ground: 1,056
    • Finished area below ground: 585

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    Features
    • On waterfront: Yes
    • Waterfront features: Lake Superior, Waterfront Access(Private), Shoreline Characteristics(Shore-Accessible)
    • Body of water: Lake Superior
    • Frontage length: 430
    Lot
    • Size: 2.7 Acres
    Details
    • Parcel number: 26560728550

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Other, Frame/Wood
    • Foundation: Concrete Perimeter
    • Roof: Asphalt Shingle
    Condition
    • Previously Owned
    • Year built: 1960

    Utilities & green energy

    • Electric: Coop Power & Light
    • Sewer: Private Sewer
    • Water: Private

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $521/sqft
    • Tax assessed value: $717,100
    • Annual tax amount: $3,704
    • Date on market: 10/17/2023
    • Cumulative days on market: 61 days

    Price history

    DateEventPrice
    2/1/2024Sold$855,000-3.9%$521/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6111098 Report a problem
    1/10/2024Pending sale$889,900$542/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6111098 Report a problem
    12/18/2023Contingent$889,900$542/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6111098 Report a problem
    12/6/2023Price change$889,900-3.8%$542/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6111098 Report a problem
    10/17/2023Listed for sale$925,500$564/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6111098 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,934 +18.7%$717,100 -1.6%
    2024$4,156 +12.2%$729,000 +17.1%
    2023$3,704 -10.5%$622,600 +46.9%
    2022$4,141 +6.6%$423,800
    2021$3,884 +12.5%$423,800
    2020$3,452 -24.9%$423,800 -8%
    2018$4,598 +2.6%$460,800 -0.3%
    2017$4,482 -1.5%$462,300 0%
    2016$4,549 -0.2%$462,500 -0.3%
    2015$4,559 $463,900
    2014$4,559 -1.6%--
    2013$4,633 -2%--
    2012$4,728 --
    2011-- --
    2010$4,589 --
    Find assessor info on the county website

    Neighborhood: 55614

    Nearby schools

    GreatSchools rating
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