$9,900,000
UNDER CONTRACT

TBD Highway 2 Isabella, MN 55607

Estimated payment $64,787/month

Total Views 5,209
12,690 Acres
$780 Price per Acre
552,776,400 Sq Ft Lot

Highlights

  • 12,500 Feet of Waterfront
  • No HOA
  • Shared Waterfront
  • 12,690 Acre Lot

About This Lot

12,000 plus acres of majestic wooded acreage in the Minnesota Arrowhead region. The acreage includes large tracts in both Lake County in the Isabella area, and in St. Louis County in the Embarrass area. This is pristine acreage in the wilderness of northern Minnesota and most of it borders Superior National Forest, State of Minnesota, or County lands. There are also large amounts of lakeshore property on Greenwood Lake and Cloquet Lake, and an entire lake called Source Lake. Also thousands of feet of riverfront on Greenwood River and Stony River. The property owners receive substantial annual payments because the property is enrolled in the State of Minnesota SFIA program and also substantial carbon credit payments. Acreage totals are aprox 10,688 acres in Lake County and 2003 acres in St. Louis County. This is a very rare opportunity to own some of the crown jewels of northern Minnesota timberlands!

Listing Agent

Jeff Hway

Bear Island Realty LLC

Co-Listing Agent

Zachary Hway

Bear Island Realty LLC

Property Details

Property Type

  • Land

Lot Details

  • 12,690 Acre Lot
  • Lot Dimensions are 25000x25000
  • 12,500 Feet of Waterfront
  • Lake Front

Community Details

Overview

  • No Home Owners Association

Recreation

  • Shared Waterfront

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: Aprox 10,688 acres is scattered throughout the Isabella area with lake frontage on the SE and NE corners of Greenwood Lake, all of Source Lake, and the SW end of Cloquet Lake. There is also aprox 2003 acres in the Embarrass area north of Highway 21 in the Comet Lake Road area.
  • L O1 Office Phone1 Number: 218-365-2800
  • List Price/ Sq Ft: 780.14
  • RdBtwnWtrfrnt: No
  • Property Sub-Type: Recreational
  • Tax Year: 2024
  • Lot Description Waterfront: Yes
  • Special Features: UnderContract
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Access: Public
  • Water Frontage In Feet: 12500
  • Waterfront Name: Greenwood

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Superior #381
  • Junior High Dist: Lake Superior #381

Lot Info

  • Geo Update Timestamp: 2024-11-15
  • Estimated Lot Dimensions: 25000x25000
  • Estimated Number of Acres: 12690
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Geo Subdivision: MN
  • Land Improvements: No
  • Waterfront Type: Inland Lake

Map

Range of Values:

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List Price
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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
11/15/2024 11/15/24 For Sale $9,900,000 +14247.8% --
03/01/2023 03/01/23 Sold $69,000 0.0% --
02/02/2023 02/02/23 Pending -- -- --
09/14/2022 09/14/22 For Sale $69,000 -- --
Source: Lake Superior Area REALTORS®

Source: Lake Superior Area REALTORS®

MLS Number: 6117016

Minnesota Lake County 55607

TBD Highway 2, MN

Homes for Sale in Isabella, MN

This home is located at TBD Highway 2, Isabella, MN 55607 and is currently priced at $9,900,000. TBD Highway 2 is a home located in Lake County with nearby schools including Minnehaha Elementary School and Two Harbors Secondary.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Jeff Hway
Listing Agent
Jeff Hway
Section Image
Bear Island Realty LLC
(218) 656-6606