5763 Highway 61 Silver Bay, MN 55614

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$299,000 Estimated monthly payments: $1,905/mo.* (recalculate)
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3 beds   |   2 baths   |   1,536 sq ft
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Listed By CENTURY 21 Gilderman & Associates, Inc.

Property Description


Single Family Detached

Scenic 6.69 acre site nestled in the hillside on the beautiful North Shore Drive just 5 miles east of Silver Bay. Includes 1536 sq. ft raised ranch home with full walkout basement and a large deck. Other improvements include a 26' x 30' heated garage with a 16' x 26' addition, a 13' x 18' guest cabin, 10' x 12'storage building and a 7 unit motel. Motel is sold furnished with rustic decor and provides a cash flow. Newer large capacity septic system and water.Close to the Tettegouche State Park, the Baptism River and the BWCA with views of Lake Superior from the site. Prime location at the intersection of Hwy61 and Hwy 1. Site of Whispering Pines Motel and historical and famous Illgen City and built as the city with the smallest population. Next to Tettegouche State Park, Baptism River, Superior Hiking Trail, snowmobile and ATV trails and the BWCA.
MLS #:  156949
Est. Property Tax:  $4,618

Features



  • Age: Over 50 Years Old
  • Basement: Full
  • Exterior Description: Other
  • Exterior Living Space: Deck
  • Fireplace Count: 2 Fireplaces
  • Flooring: Mixed
  • Garage Count: 2 Car Garage
  • Lot Size: 5-10 Acres, 6.69 Acres
  • Road Type: State Road
  • Roof: Asphalt Shingle Roof
  • Sewer: Septic
  • Style: Raised Ranch
  • Views: Mountain, Water
  • Water: Well

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Schools for
5763 Highway 61, Silver Bay, MN 55614
Elementary School
Grades K - 6 | Public School
SILVER BAY, MN 55614
135 BANKS BLVD
218-226-4437
Distance: 5.4 mi
GreatSchools Rating
5
Parent Rating
3
Student:Teacher Ratio
9:1
Total Students
150
Middle School
Grades 7 - 12 | Public School
SILVER BAY, MN 55614
137 BANKS BLVD
218-226-4437
Distance: 5.4 mi
GreatSchools Rating
5
Parent Rating
0
Student:Teacher Ratio
13:1
Total Students
210
High School
Grades 7 - 12 | Public School
SILVER BAY, MN 55614
137 BANKS BLVD
218-226-4437
Distance: 5.4 mi
GreatSchools Rating
5
Parent Rating
0
Student:Teacher Ratio
13:1
Total Students
210
Demographic Data for Silver Bay, MN 55614
  • Median Age: 45.9
  • Married: 51%
  • Number of Households: 1043
  • Households with Children: 236
Community:



    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home

    Local Weather for Silver Bay, MN 55614

      Community information and market data Powered by Onboard Informatics. Copyright ©2013 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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      Chris Mattila
      CENTURY 21 Gilderman & Associates, Inc.
      218.­220.0334
      4850 Miller Trunk Highway
      Duluth, MN 55811
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