4 months on rocket

XX Highway 61, Silver Bay, MN, 55614

$134,900

2.44 Acres
Land

Location

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Property Highlights

Home TypeUnimproved Land
MLS #6114315
Lot Size2.44 Acres
StatusActive
(ACTIVE)

About XX Highway 61

Tucked in just minutes away from the stunning Palisade Head, this magnificent 2.44-acre vacant lot offers a rare opportunity to build your dream home in a prime location with breathtaking views of Lake Superior. The property features a roughed-in driveway and building site, providing a solid foundation for your future construction plans. With power readily available, you can seamlessly integrate modern conveniences into your serene and picturesque retreat. Enjoy the beauty and tranquility of this extraordinary piece of land, where the natural landscape and unique lake views create an idyllic backdrop for your vision. Don't miss out on this exceptional piece of real estate, perfectly positioned to offer both privacy and proximity to the natural wonders of the area.

Property Details

Property Features

Listing Office:

  • Office Name: Odyssey Real Estate Group
  • Listing Agent: Jon Chapek

Lot Features

Lot Information:

  • Lot Size: 2.44 Acres

School Info

Assigned Schools Information:

  • Kelley Secondary School, Public District Grades 7-12
  • William Kelley Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Follow Hwy 61 up the shore towards Palisade Head from Silver Bay...look for a real estate sign on the left side just before you get to Palisade Head. The sign is at the private road Palisade Heights Rd, turn in and look for the lot on the right. MLS does not have Palisade Heights listed as a valid road so Hwy 61 was used to complete the required fields and get property listed.

Price Information

Listing Price Info

Price Summary:

  • List Price: $134,900
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Housing Market Comparison

See how this home compares to others in Silver Bay, MN.

Med. Sold Price

$161.9K

Med. Price/SqFt

$185

Avg. Days On Market

45

# of Sold Homes

4

XX Highway 61 vs Silver Bay

142 DAYS ON ROCKET

+97 Days

$134,900

-$27K Less

KEY TAKEAWAY

This property is $27K less than the Median Sold Price in Silver Bay, MN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #6114315

Listing Office:

  • Office Name: Odyssey Real Estate Group
  • Listing Agent: Jon Chapek

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2024 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 11:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$741

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$471

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2041001
6
/10
  • William Kelley Elementary School

  • 135 Banks Blvd

  • 0.78 miles

  • Public District Grades PK-6

High School

school-card-donut-2041002
7
/10
  • Kelley Secondary School

  • 137 Banks Blvd

  • 0.78 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,625. Most Silver Bay, MN residents have annual incomes between $35k-100k. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About XX Highway 61

What is the listing price of this property?

The listing price of XX Highway 61 property is $134,900.

What type of property is this?

The property XX Highway 61 is land located in Silver Bay, Minnesota, 55614.

Is this property for sale now?

Active Listing: XX Highway 61 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for XX Highway 61 are:
William Kelley Elementary School: GreatSchools Rating 6/10
Kelley Secondary School: GreatSchools Rating 7/10

How much acreage is this property?

The property XX Highway 61 is 2.44 acres.
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Rocket HomesMinnesotaLake CountySilver Bay55614XX Highway 61

This home is located at XX Highway 61 in Silver Bay, MN and zip code 55614. This home sits on a 2.44 acre lot. It has been listed on Rocket Homes since June 15, 2024 and is currently priced at $134,900.

In October 2024 more than 0 listings in Silver Bay, MN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below. In October 2024 in Silver Bay, MN there were 3% more homes for sale than in September 2024. In October 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $161,950.

From Rocket Homes Real Estate and based on county public records data.

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