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5 Beds
3 Baths
2,208 sqft

$430,000

4892 Hwy 61 N, Beaver Bay MN, 55601

Price per sqft$194.75
Built in1948
Property size2,208 sqft
Property typeResidential
Courtesy of Adolphson Real Estate, Rachel Betts Larson Listing Contact: ***

Overview

Active

Listed Oct 10, 2025

Updated 2 weeks ago

Discover the possibilities with this unique commercially zoned property along Lake Superior's breathtaking North Shore in Beaver Bay. Located just inland from the shoreline, this versatile property features a solid 5 bed/3 bath home ready for your personal updates, a two-stall garage, a spacious pole barn ideal for storage, hobbies, or business use, and a second building site with a concrete slab, its own well, septic system, and electrical hookups already in place. Whether you envision a new home, guest cabin, RV site, or outbuilding, the infrastructure is ready to support your plans. Whether you're searching for a year-round residence, a relaxing weekend retreat, a vacation rental, or a commercial opportunity, this property offers the flexibility and infrastructure to bring your vision to life. With two wells and two septic systems already on the property, the possibilities for expansion and future development are exceptional. Located in one of Minnesota's most sought-after destinations, you'll enjoy easy access to Gooseberry Falls State Park, Split Rock Lighthouse, and the scenic Superior Hiking Trail. The shops, restaurants, and welcoming atmosphere of Beaver Bay are just a short walk away, offering the perfect blend of small-town charm and outdoor adventure. Whether you're looking for a place to call home, an investment property, or the ideal location for your next business venture, this exceptional North Shore property is full of opportunity.

$2,861/mo

Est. mortgage payment based on a $430,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
6122410

Interior Features

Bedrooms
5
Bathrooms
3
Heating
Yes
Basement
No

Exterior Features

Lot Size
4.43 Acres

Other Property Details

Taxes
$1,796
Tax Frequency
Annually
Garage
Yes
View
Yes
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Listings courtesy of Lake Superior Area REALTORS® as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Michelle Ryan shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 3:44 AM UTC on 10/10/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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