Date
Details
Price
Change
Source
10/07/2026
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/20
$525,000 Just Listed
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1/20
Property Description
Spectacular opportunity to own 160 private acres with thousands of acres of State Land bordering 3 sides of this incredible property. If you're looking for a place to unwind and like the idea of having 500 + feet of private shoreline on the Caribou River running through the property as well as along the property on State Land with no access other than through this property, are you interested in expansive views of Lake Superior there is a gorgeous building site on the property that will deliver. Schedule a showing today and go explore this once in a lifetime opportunity to own a parcel that's been family owned for generations.
Full Property Details
Full Property Details for 7031 Hwy 61
General
- Price: $525,000
- Taxes: $654 (2026)
- Status: Active
- Type: Lots/Land
- Source: 1402
- MLS ID: 6128363
- Updated: 10/7/2026
- Added to Site: 3 day(s) ago
Location
- Area: R
- County: Lake County
- Driving Directions: Heading up the shore from Silver Bay travel up Hwy 61 approximately 13.5 Miles, look for fire number 7031 on left. Private road is gated, use showing time for access. Property is 2.7 miles from Hwy 61 on private road.
School Information
- High School District: Lake Superior #381
Lot Features
- Lot Size (Acres): 160
- Lot Dimensions: 5, 280 x 1, 320
Water Features
- Water Front: Yes
- Water Front Name: Caribou
- Water Front Desc.: River
Financial Considerations
- Price Per Sq. Ft.: $3,281.25
- Tax Amount: $654
- Tax Year: 2026
Disclosures and Reports
- Legal Description: Tax District (# / Name): 24 / UNORGANIZED TERRITORY 1 Plat Description: TWP 58 RGE 06 Legal Description: SE1/4 OF NE1/4 Section-Township-Range: 26-058-06 Lake (# / Name): 7013000 - CARIBOU RIVER
- Property ID: 24-5806-26910 & 26730 & 26190 & 26850
Listed by Odyssey Real Estate Group
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Listing agent
— 7031 Hwy 61 —
Odyssey Real Estate Group
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NMLS#: 1598647
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Schools
Schools serving 7031 Hwy 61
School District:Lake Superior Public School District
| Name | Grades | Distance |
|---|---|---|
William Kelley Elementary School 137 Banks Boulevard, Silver Bay, MN 55614 | PK-6 | 15.5 mi |
Kelley Secondary 137 Banks Boulevard, Silver Bay, MN 55614 | 7-12 | 15.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7031 Hwy 61
Tax History
Tax History for 7031 Hwy 61
Year
Property Taxes
Change
Tax Assessment
Change
2025
$106
—
$27,700
37%
2025
$106
116%
$20,200
274%
2019
$49
—
$5,400
-4%
2019
$49
—
$5,600
—
2018
$49
14%
$5,600
—
2017
$43
—
$5,600
12%
2016
$43
—
$5,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7031 Hwy 61
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- Single Family
- Active
- Updated 2 hours ago
- 3Beds
- 3Total Baths
- 3,560Sq. Ft.
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- Single Family
- Active
- Updated 4 days ago
- 2Beds
- 2Total Baths
- 1,242Sq. Ft.
Listed by Edina Realty, Inc. - Duluth
- Single Family
- Active
- Updated 3 days ago
Listed by THINK. Home & Land
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- Single Family
- Closed
- 2Beds
- 2Total Baths
- 1,344Sq. Ft.
Listed and Sold by Next Door Realty
7031 Highway 61, Silver Bay, MN 55614 (MLS# 6128363) is a Lots/Land property with a lot size of 160 acres. 7031 Highway 61 is currently listed for $525,000 and was received on October 07, 2026. Want to learn more about 7031 Highway 61? Do you have questions about finding other Lots/Land real estate for sale in Silver Bay? You can browse all Silver Bay real estate or contact a Coldwell Banker agent to request more information.