$285,000

77 Magnetic Lake Grand Marais, MN 55604

Estimated payment $1,674/month

Total Views 1,183
5.7 Acres
$50,000 Price per Acre
248,292 Sq Ft Lot

Highlights

  • Private Waterfront
  • Lake, Pond or Stream
  • No HOA
  • Beach Access

About This Lot

Welcome to a breathtaking slice of the Gunflint Trail wilderness—5.7 wooded acres of lakefront property on the pristine waters of Magnetic Lake. Tucked among the pines, spruce, cedar, and birch, this property offers both privacy and promise—perfect for building your dream cabin, a lovely retreat, or an off-grid haven immersed in nature. With two distinct build sites, you can choose your ideal setting: The first clearing, located on higher ground, offers a sweeping vantage point overlooking Magnetic Lake.The second potential build site, nestled closer to the shoreline, gives you direct access to 300 feet of private lakeshore and the soothing sounds of the water. An intimate trail meanders through the forest down to the lakefront, where you'll find peaceful and serene views. Magnetic Lake, known for its exceptional fishing and connection to the Boundary Waters Canoe Area Wilderness, flows gently North into Saganaga Lake—offering endless paddling and exploration opportunities. Whether you envision a rustic getaway or a secluded seasonal home, this property blends convenience with unspoiled wilderness. Step onto the land and experience what makes the Gunflint Trail so special—clean air, still waters, towering trees, and the sense that you've finally arrived home.

Listing Agent

Casey O'Brien

Red Pine Realty Listed on: 08/24/2025

Co-Listing Agent

Jacob Patten

Red Pine Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,592

Lot Details

  • 5.7 Acre Lot
  • Lot Dimensions are 831 x 295
  • Private Waterfront
  • 303 Feet of Waterfront
  • Lake Front

Community Details

Overview

  • No Home Owners Association

Recreation

  • Beach Access
  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$1,592

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: HWY 61 to Gunflint Trail (Co Rd 12). Continue for 48.7 miles to Usfs 1347 and turn right. Continue to Magnetic Lake Trail and turn left. Continue to address on right. Sign on property. There are two building sites: one the south side of the property and one on the north side. To reach the north side, follow Magnetic Lk Rd to the second real estate sign.
  • Waterfront Info Lake Chain: Yes
  • Waterfront Info Lake Maximum Depth: 90
  • L O1 Office Phone1 Number: 218-387-9599
  • List Price/ Sq Ft: 50000
  • PropAdjoinsPublicLand: No
  • RdBtwnWtrfrnt: Yes
  • ShorelineCharacteristics: Hard, Shore-Accessible, Elevation-Medium
  • Property Sub-Type: Residential
  • Tax Year: 2025
  • Twp Number: 65N
  • Lot Description Waterfront: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • LakeAcres: 431
  • Waterfront Access: Private
  • Water Frontage In Feet: 303
  • Waterfront Name: Magnetic

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Cook County #166
  • Junior High Dist: Cook County #166

Lot Info

  • Geo Update Timestamp: 2025-08-27
  • Estimated Lot Dimensions: 831 x 295
  • Estimated Number of Acres: 5.7
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Geo Subdivision: MN
  • Land Improvements: Yes
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 1592

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2025 08/24/25 For Sale $285,000 -- --
Source: Lake Superior Area REALTORS®

Source: Lake Superior Area REALTORS®

MLS Number: 6121565