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TBD Highway 3, Silver Bay, MN 55614

$50,000

Property Type: Land Lot Size (sq. ft.): 435,600 Status: Active

Current Price: $50,000 List Date: 5/20/2026 Last Modified: 7/23/2026

Overview

Description

Whether you are looking to hunt, house horses, start a hobby farm, or escape the city life, this 10 acre parcel offers a perfect retreat away from the noise. Set up your stands, shack, or settle in and build a dream hobby farm in nature! The property offers a mix of tree coverage and hay field, and the stream running along the western edge of the property will attract all the wildlife you crave! Just a short 15 minute drive to Silver Bay makes for an ideal location just off the northern shores of Lake Superior. Property is being sold as-is. Seller is currently in the process of subdividing the northern 10 acres of this 40 acre parcel. The area to be divided will measure 496 feet from the northern edge of the parcel and will expand the entire 880 feet from west to east. Before closing on the property, the process of dividing the 10 acres is to be completed. Seller is open to considering splitting 20 acres.

Listing Details MLS# 7077522

General Property Information

Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: No
Waterfront YN: No
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: 880 FT × 495 FT
Acres: 10
Lake/Waterfront Name: Beaver River
Assessment Pending: No
Association Fee: 0

Property Features

Assumable Loan: Not Assumable Available Utilities: Cable Available; Electricity Available; Natural Gas Available; None Connected; Other Available; Phone Available; Propane Available; Sewer Available; Water Available Development Status: Raw Land Existing Financing: ARM/GPM Improvements: Public Road Land Inclusions: Easements Lot Description: Tree Coverage - Light Property SubType: Acreage; Recreational Road Frontage: County Road Road Responsibility: Public Maintained Road Sellers Terms: Adj. Rate/Gr Payment; Cash; Conventional; Lease Purchase; Rural Development; Special Funding; VA Surface Water: Stream/Creek Topography: Pasture; Wooded; Level Waterfront Type: River View

Contract Information

Contingency: None
Original List Price: 50000
ListPrice: 50000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: TBD
Street Name: Highway 3
Postal City: Silver Bay
County: Lake
State: MN
Zip Code: 55614

Builder Information

Builder Restrictions: Open

Lease Details

Land Leased: Not Applicable

More Information

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: TBD
Listing City: Silver Bay
Map Page: 999
Municipality: Silver Bay
School District: Lake Superior
School District Phone: 218-834-8216
DNR Lake Classification: Not Applicable
Property ID Number: TBD
Tax Year: 2026
Tax Amount: 0
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Whether you are looking to hunt, house horses, start a hobby farm, or escape the city life, this 10 acre parcel offers a perfect retreat away from the noise. Set up your stands, shack, or settle in and build a dream hobby farm in nature! The property offers a mix of tree coverage and hay field, and the stream running along the western edge of the property will attract all the wildlife you crave! Just a short 15 minute drive to Silver Bay makes for an ideal location just off the northern shores of Lake Superior. Property is being sold as-is. Seller is currently in the process of subdividing the northern 10 acres of this 40 acre parcel. The area to be divided will measure 496 feet from the northern edge of the parcel and will expand the entire 880 feet from west to east. Before closing on the property, the process of dividing the 10 acres is to be completed. Seller is open to considering splitting 20 acres.
Directions: NE1/4 OF SE1/4

Assessments

Assessment Balance: 0
Tax With Assessments: 0

Assumable Loan

Not Assumable: Yes

Development Status

Raw Land: Yes

Existing Financing

ARM/GPM: Yes

Insurance Fee

Insurance Fee: 0

Lake Details

Lake Depth: No

Lot Description

Tree Coverage - Light: Yes

Restriction/Covenants

Easements-Utility: Yes

Road Frontage

County Road: Yes

Road Responsibility

Public Maintained Road: Yes

Sellers Terms

Adj. Rate/Gr Payment: Yes
Cash: Yes
Conventional: Yes
Lease Purchase: Yes
Rural Development: Yes
Special Funding: Yes
VA: Yes

Topography

Pasture: Yes
Wooded: Yes
Level: Yes

Waterfront Type

River View: Yes

Available Utilities

Cable Available: Yes
Electricity Available: Yes
Natural Gas Available: Yes
None Connected: Yes
Other Available: Yes
Phone Available: Yes
Propane Available: Yes
Sewer Available: Yes
Water Available: Yes

Improvements

Public Road: Yes

Land Inclusions

Easements: Yes

Property SubType

Acreage: Yes
Recreational: Yes

Surface Water

Stream/Creek: Yes

Listing Office: eXp Realty

Last Updated: July - 23 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.