5457 Highway 61 Silver Bay, MN 55614
Estimated payment $2,423/month
Total Views
3,928
3
Beds
2
Baths
1,983
Sq Ft
$211
Price per Sq Ft
Highlights
- Ranch Style House
- 2 Car Detached Garage
- Forced Air Heating System
- No HOA
- Bathroom on Main Level
- Wood Siding
About This Home
Stunning 3-Bedroom Home with Breathtaking Lake Superior Views Welcome to your private North Shore oasis! Set on 4.3 serene acres, this beautifully maintained 3-bedroom, 2-bath home offers a rare combination of privacy, space, and truly exceptional views of Lake Superior and the iconic Palisade Head. Step inside to find a warm and inviting interior, perfect for year-round living or a relaxing getaway. The open-concept living and dining area is filled with natural light and showcases panoramic lake views that change with the seasons. Cozy bedrooms and well-appointed bathrooms ensure comfort and convenience for family or guests. Outside, enjoy your morning coffee or evening sunsets on the deck while soaking in the awe-inspiring scenery. The property also features a detached 1,080 sq ft insulated and heated oversized 2-car garage—offering ample storage space for outdoor gear, recreational toys, and tools. Stay connected and productive with high-speed fiber optic internet, making remote work or streaming a breeze in this peaceful, nature-filled setting. Whether you're looking for a tranquil retreat or a place to host unforgettable gatherings, this property offers a rare opportunity to own a slice of Minnesota's North Shore paradise. Don’t miss your chance to experience the best of Lake Superior living!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,882
Year Built
- Built in 1954
Lot Details
- 4.34 Acre Lot
Parking
- 2 Car Detached Garage
Home Design
- Ranch Style House
- Brick Exterior Construction
- Concrete Foundation
- Wood Frame Construction
- Wood Siding
Interior Spaces
- Gas Fireplace
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom on Main Level
Utilities
- Forced Air Heating System
- Private Water Source
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 26-5607-21755, 26-5607-21744, 26-5607-21920
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,760 | $393,400 | $46,600 | $346,800 |
| 2024 | $1,275 | $397,900 | $46,600 | $351,300 |
| 2023 | $1,058 | $366,500 | $42,600 | $323,900 |
| 2022 | $1,602 | $291,300 | $49,100 | $242,200 |
| 2021 | $1,423 | $240,700 | $49,100 | $191,600 |
| 2020 | $1,291 | $200,200 | $49,100 | $151,100 |
| 2019 | $1,271 | $192,000 | $49,100 | $142,900 |
| 2018 | $1,274 | $192,000 | $49,100 | $142,900 |
| 2017 | $1,240 | $190,100 | $50,800 | $139,300 |
| 2016 | $1,247 | $191,900 | $50,800 | $141,100 |
| 2015 | $1,280 | $194,100 | $51,100 | $143,000 |
| 2014 | $1,280 | $0 | $0 | $0 |
| 2013 | $845 | $0 | $0 | $0 |
| 2012 | $868 | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | Price Changed | $419,000 | -6.7% | $211 / Sq Ft |
| 07/14/2025 07/14/25 | For Sale | $449,000 | -- | $226 / Sq Ft |
Source: Lake Superior Area REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $209,000 | None Available | |
| Quit Claim Deed | $1,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,100 | New Conventional | |
| Closed | $153,000 | New Conventional | |
| Closed | $198,500 | New Conventional |
Source: Public Records
Similar Homes in the area
Source: Lake Superior Area REALTORS®
MLS Number: 6120689
APN: 26-5607-21755
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