My notes for this property


Add listing to my favorites (required)
Active NEW!
$250,000
/mo Edit
Lot/Land:  Lot/Land
3.9 acres
Lake Superior schools
MLS# 7154836
My rating:
Request a Showing  
Agent
Ask the Agent℠

Ask the Agent℠

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Discover a once-in-a-lifetime opportunity to own an extraordinary piece of Minnesota's Northwoods. Offered for sale for the very first time, this remarkable 3.9-acre waterfront parcel on the north end of Pequaywan Lake features over 200 feet of pristine shoreline, with a significant portion nestled inside a deep-water private bay. The heavily wooded landscape provides the ultimate in secluded privacy paired with rare, dual-aspect vistas. Enjoy stunning panoramic south-facing views looking directly over the water, alongside beautiful north-facing views looking out over a 346-acre protected ridge of State of Minnesota public land. Whether you envision a luxury lake home or a cozy northwoods getaway, this exceptional acreage offers the perfect canvas for your vision. Outstanding fishing, kayaking, and wildlife viewing are waiting right from your shoreline, all within a short, scenic drive of Duluth. Key structural improvements have already been completed, including premium fill brought onto the site and electricity ready at the road. As an added benefit, the road association provides free access to gravel and rocks for your future building projects. For outdoor enthusiasts, extensive local ATV and snowmobile trail networks can be accessed directly from the property. Come join a vibrant, welcoming lake community just moments away from the historic Pequaywan Inn—a beloved local hub for food, drinks, and neighborhood gathering. Seller Financing Options Available: The seller is offering a Contract for Deed with 20% down, a 5.25% interest rate, and a 3-year balloon payment (exact terms to be negotiated). Don't miss this rare chance to claim an untouched waterfront sanctuary that has been cherished for generations.

    Listing

    Contingency: None
    City: Duluth
    County: St. Louis
    State: MN
    Property Style: Lot/Land
    Zip Code: 55803
    Subdivision Name: Pequaywan Town Of 54-12

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 3.9
    Geolocation: 47.1915, -91.884767
    Inclusions: Easements, For Sale Sign
    Lot Dimensions: 200 x 829
    Restrictions: Open
    Zoning: Residential-Single Family

    Farm

    Topography: Gently Rolling, High Ground, Wooded

    Schools

    School District: 381
    District Phone: 2188348216

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $912
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $912
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Development Status: Site Plan Approved
    Fire Number: 2023
    Improvements: Shared Driveway, Unimproved Streets
    Available Utilities:
    • Electricity Available
    • None Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

    Apply Online     Contact Eric     Subscribe to My Newsletter    

    Listing provided by RMLS, courtesy of Timber Ghost Realty, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.