Sold for $455,000

$455,000

5987 Highway 1, Silver Bay, MN 55614

3beds

1,984sqft

Single Family Residence

Built in 1979

5 Acres Lot

$394,900 Zestimate^®

$229/sqft

$2,714 Estimated rent

Home value

$394,900

$340,000 - $446,000

$2,714/mo

Zestimate^® history

Owner options

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$2,714/mo

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$2,714/mo

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$2,699/mo

Est. payment

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$2,699/mo

Est. payment

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What's special

Private baptism river frontageBreathtaking river viewsTwo large pole buildingsChicken coopWood stoveGas fireplacesRiverside sauna

A rare opportunity to own an extraordinary slice of the North Shore! Set on 4.75 stunning acres with 575 feet of private Baptism River frontage, this property offers a rare blend of peace, privacy, and adventure. The 3-bedroom, 2-bath home features two gas fireplaces, a wood stove, and a solar panel system with backup battery, offering efficient year-round living. Trails wind through the property and lead down to the river, perfect for exploring the natural beauty around you. Extras include a garden shed, chicken coop, two large pole buildings for storage or hobbies, and a separate structure ready to finish as a guest house. Relax in the riverside sauna, soak in breathtaking river views, and enjoy direct access to Tettegouche State Park. You'll enjoy endless outdoor adventures right out your back door. Opportunities like this on the Baptism River are incredibly rare—don’t miss your chance to own this stunning retreat! (additional land available)

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1
Main level bedrooms: 1

Rooms

Room types: Family/Rec, 4 Season Porch, Bonus Room

Bedroom

Level: Lower
Area: 169 Square Feet
Dimensions: 13 x 13

Bedroom

Level: Main
Area: 81 Square Feet
Dimensions: 9 x 9

Bedroom

Level: Main
Area: 48 Square Feet
Dimensions: 8 x 6

Bonus room

Level: Main
Area: 143 Square Feet
Dimensions: 13 x 11

Dining room

Level: Main
Area: 65 Square Feet
Dimensions: 13 x 5

Family room

Level: Main
Area: 160 Square Feet
Dimensions: 10 x 16

Kitchen

Level: Main
Area: 156 Square Feet
Dimensions: 13 x 12

Laundry

Level: Main
Area: 35 Square Feet
Dimensions: 5 x 7

Living room

Level: Main
Area: 238 Square Feet
Dimensions: 14 x 17

Heating

Wood

Cooling

None

Appliances

Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Laundry: Main Level, Dryer Hook-Ups, Washer Hookup

Features

Natural Woodwork, Sauna
Doors: Patio Door
Basement: Full,Egress Windows,Partially Finished,Bath,Bedrooms,Fireplace,Utility Room,Washer Hook-Ups,Dryer Hook-Ups
Number of fireplaces: 2
Fireplace features: Multiple, Basement

Interior area

Total interior livable area: 1,984 sqft
Finished area above ground: 1,357
Finished area below ground: 627

Property

Parking

Total spaces: 6
Parking features: Off Street, Detached, Multiple
Garage spaces: 6
Has uncovered spaces: Yes

Features

Patio & porch: Deck
Has view: Yes
View description: River
Has water view: Yes
Water view: River
Waterfront features: River, Waterfront Access(Private)
Body of water: Baptism River
Frontage length: 575

Lot

Size: 5 Acres
Dimensions: 670 x 329
Features: Accessible Shoreline, Additional Land Available, High

Details

Additional structures: Pole Building, Storage Shed, Guest House, Other
Parcel number: 26560703570,03575

Construction

Type & style

Home type: SingleFamily
Architectural style: Other
Property subtype: Single Family Residence

Materials

Metal, Frame/Wood, Mobile (Pre-6/1976)
Foundation: Concrete Perimeter
Roof: Asphalt Shingle

Condition

Previously Owned
Year built: 1979

Utilities & green energy

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

Community & HOA

HOA

Has HOA: No

Location

Region: Silver Bay

Financial & listing details

Price per square foot: $229/sqft
Tax assessed value: $299,500
Annual tax amount: $1,638
Date on market: 4/29/2025
Cumulative days on market: 6 days
Listing terms: Cash,Conventional
Road surface type: Paved

Price history

Date	Event	Price
6/13/2025	Sold	$455,000+2.3%$229/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6118939 Report a problem
5/11/2025	Pending sale	$444,900$224/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6118939 Report a problem
4/29/2025	Listed for sale	$444,900$224/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6118939 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,184 -9.3%	$285,557 -1.1%
2024	$1,306 +279.7%	$288,627 +7.6%
2023	$344	$268,313 +262.8%
2022	--	$73,960
2021	$358 -44.8%	$73,960
2020	$650 +278.6%	$73,960 -21.7%
2018	$172 +3%	$94,400 +36.6%
2017	$167 +0.9%	$69,100 -0.1%
2016	$165 -3.3%	$69,200 -0.6%
2015	$171 -15.8%	$69,600
2013	$203 -6.4%	--
2012	$217	--
2011	--	--
2010	$213	--