The median home value in Silver Bay, MN is $170,000.
This is
lower than
the county median home value of $236,200.
The national median home value is $338,100.
The average price of homes sold in Silver Bay, MN is $170,000.
Approximately 72.3% of Silver Bay homes are owned,
compared to 11.1% rented, while
16.6% are vacant.
Silver Bay real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Silver Bay real estate agent to arrange a tour today!
Courtesy: Legacy Real Estate Group LLC
218-393-4753
pacious and bright 2 bedroom home with attached garage on Hays Circle in beautiful Silver Bay! Walk into the dining/kitchen areas with plenty of room for gathering near the fireplace or have your coffee in the sun porch overlooking the yard. Oak cabinets and center island offer plenty of room for your cooking/dining and storage needs. Walk into the bright living room with newer flooring that continues through most of the main floor, back in the hallway are the bathroom with a walk in tub and the two bedrooms. In the basement there is a family room, bathroom, utility and storage room or office area. Improvements are new flooring on the main floor, new electric wall oven, gas range cooktop and dishwasher, lights are converted to LED, and auto switches in kitchen, basement pantry and laundry room. New sump pump last fall with USPS added in case of a power outage, new drain tiles in the basement with a 25 year transferrable warranty. Back deck has been rebuilt
Courtesy: Legacy Real Estate Group LLC
218-393-4753
Discover one-level living at its best with this charming 3-bedroom, 1-bath home on an oversized corner lot! The standout 2-car detached garage is insulated, heated, and features a workroom with a bench, a brand-new double-insulated garage door with a Snow stopper strip, and a new opener. Inside the home, recent updates include anew insulated entry door with a storm door, a new gas water heater, and a newly serviced furnace with a 3-wire smart thermostat. A brand-new AC unit ensures year-round comfort. The exterior boasts freshly painted LP siding, mature fruit-bearing apple and pear trees, and a parade-route location perfect for creating lifelong memories. Inside, enjoy fresh paint, new blinds, and the ease of single-level living. Donâ??t miss the sump pump for peace of mind. Schedule your private showing todayâ??this darling home wonâ??t last long!
Courtesy: Legacy Real Estate Group LLC
218-393-4753
Welcome to this home at 19 Gibson Rd! 2 bedroom, 1 bath with a non conforming bedroom in the basement, newer laminate flooring on the main floor, bedrooms are carpeted . Bright, sunny kitchen with oak cabinetry , spacious living room with an electric fireplace insert for warning up on the cold days. Several updates including new furnace, water heater, insulation, some new flooring, new sidewalk in the front entry area. Large back yard! Make your appt to see this home today!
Courtesy: RE/MAX Professionals - Two Harbors
218-834-5144
Nice secluded area and still within in a nice distance to town. One Level 2 bedroom with decks and beautiful wilderness to view out your windows. There are several out buildings including a chicken coop, garage, lean too and another shed. Nice circle drive with parking. Deck has a hot tub with beautiful fall views up the ridge. House is a modern, updated quality. Crawlspace has been encapsulated with vapor barrier that contains a lifetime warranty! Live in the Great Northern MN woods and an affordable price.
Courtesy: Odyssey Real Estate Group
218-834-2495
Property Description for 18 Nelson Dr, Silver Bay, MN Welcome to 18 Nelson Drive, a beautifully updated and meticulously maintained split-level home in the heart of Silver Bay, MN. This spacious 4-bedroom, 2-bathroom residence offers the perfect blend of comfort and functionality, making it ideal for families or anyone looking for a move-in-ready property. As you step inside, you'll be greeted by a bright and inviting living space, enhanced by modern updates and thoughtful design. The upper level boasts an open-concept layout, featuring a cozy living room, a stylish kitchen with updated appliances, and a dining area that leads to a deck overlooking the backyard. The home includes four generously sized bedrooms, providing plenty of space for family, guests, or a home office. The lower level features a versatile family room, perfect for entertaining or relaxing, along with additional storage space. A spacious 2-car attached garage adds convenience and protection from Minnesota winters. Situated on a well-kept lot in a friendly neighborhood, the exterior includes a manicured lawn and room for outdoor activities or gardening. This home is just minutes from local amenities, schools, and the natural beauty of the North Shore. Donâ??t miss the opportunity to own this exceptional property in Silver Bay â?? itâ??s a must-see! Schedule your showing today!
Courtesy: Century 21 Atwood
218-722-8221
Welcome to 82 Banks Blvd. This 4 Bedroom Slab Home is situated on a corner lot, newer furnace, hot water heater and screened porch. Nestled close to the Shopping center. Call for your viewing today.
Courtesy: RE/MAX Results
218-722-2812
Welcome to 64 Hays Circle! This house has the best of both worlds! Town resources with access to a beautiful snowmobile trail! Tons of great updates which include the addition of two egress windows to make 2 more legal bedrooms in the lower level. Plus a Great Kitchenette for someone to enjoy there own Privacy in the Lower Level! Other great updates include... Refinished Stucco Refinished block walls (interior and exterior) New flooring throughout New lighting throughout New ceiling fans in bedrooms Newly painted walls throughout New door hardware Boiler inspected and approved Call Me for a Private Tour Today!
Courtesy: Next Door Realty
218-410-5353
Courtesy: Century 21 Atwood
218-722-8221
THREE BEDROOM HOME WITH FULL BASEMENT AND ATTACHED 2-CAR GARAGE WITH BACK TO THE WOODS LOCATION. ADDITIONAL FEATURES INCLUDE NEW LOW-E WINDOWS, HARDWOOD FLOORS, 3 SEASON ROOM, WOOD FIREPLACE, ROOM AIR CONDITIONER, GALLEY KITCHEN, SHED AND FENCED GARDENS, AND ACCESS TO THE RECREATIONAL TRAILS FROM THE BACKYARD.
Courtesy: Meta Realty
Great turnkey operation for produce or other more recently legal opportunities in Minnesota. This facility was constructed in 2012 as a state-of-the-art green house, the purchase includes all the equipment to keep it operating as its current status or with some additions could be used as a cultivation facility / Mezzo, Micro. This property is just feet away from the main corridor from Duluth up the north shore to the bold north, with over 10k cars a day driving by its a perfect location for a Mezzo business.
Courtesy: Coldwell Banker Realty - Duluth
218-728-5161
Welcome to 18 Gibson Rd in Silver Bay! This great home has updates such as flooring, paint, and bathrooms; while also leaving room for you to make this home perfectly yours! All three bedrooms have large closets, big windows, and fresh paint. Downstairs has a workshop, cold storage, new 3/4 bath, and space to make whatever spaces you need with high ceilings and glass block windows to let the light in! Your outdoor space with garden space, green house, fire ring, small storage shed, and brand new deck will be a space you'll enjoy for years to come! Room in the driveway to park an RV or toys; this home is ready to host your next adventure!
Courtesy: Century 21 Atwood
218-722-8221
2 Bedroom, 1 Bathroom single family home, 1 car detached garage. 4x18 open porch off the front of the house. Remodel on Bathroom and Kitchen started. Come take a look.
Courtesy: Red Pine Realty
218-387-9599
Large Home in Silver Bay. This 5 bedroom, 2 bath home has plenty of room and comfortable spaces. Hardwood floors, fireplace, updated appliances, new mechanical systems all provide the quality and upgrades that make this home ready for you to move right in. The large lower level has space for projects or rec-room. The large yard and extra garage give lots of room for gardening or outdoor fun, with room for the toys or extra vehicles. City service and streets make living easy. This is a great place to make your new life on the North Shore. If you don't need the bedrooms, then there is plenty of space for home offices.
Courtesy: eXp Realty, LLC- MN
763-443-9821
Charming Potential in Silver Bay, MN - 3 Bedroom Opportunity Discover the potential of this charming 2-bedroom, 1-bathroom home with a non-conforming third Bedroom on James Rd in Silver Bay, MN. With a newer roof and a 2-car detached garage featuring additional workspace, this property offers both practicality and room for expansion. Situated on a generous 0.25-acre lot in town, enjoy the convenience of local amenities and the serene beauty of northern Minnesota. Silver Bay is renowned for its outdoor recreation, with hiking and biking trails nearby, easy access to Lake Superior for fishing and boating enthusiasts, and a community spirit that embraces both nature and modern comforts. Inside, this home has a solid foundation but presents an excellent opportunity for updates to maximize its potential. The current layout includes two bedrooms and a non-conforming third room that simply needs a bit of work to become a true third bedroom or larger living space. The boiler heat system ensures efficient warmth during chilly winters, providing comfort and reliability. Imagine transforming the bonus room into a spacious master suite, a cozy guest bedroom, or a dedicated home office. With a little creativity and investment, this property can become your ideal home in Silver Bay. Donâ??t miss out on this chance to invest in a home that combines the tranquility of northern Minnesota living with the potential to create your dream space. Schedule your showing today and explore the possibilities that await you on James Rd. https://www.youtube.com/watch?v=caUryCN16yo Video about Silverbay
Courtesy: Red Pine Realty
218-387-9599
Wooded acreage on the East Branch of the Split Rock River! An easy drive to so many great locations - Gooseberry Falls, Split Rock State Park, Palisade Head and Tettegouche State Park. Joshua Road comes off of Lake County Rd 3 which is maintained and plowed by the county. There is a beautiful possible build site on a small bluff that could allow a view of the creek. This feels like a remote, off grid property, but there is underground electric though the length of the property and it's an easy 15 minute drive to Beaver Bay.
Courtesy: Coldwell Banker Realty - Duluth
218-728-5161
Welcome home to your true North! This beautiful 4 bedroom, 2 bath home on .74 acres right outside of town has some fantastic improvements that might just bring a tear of joy to your eye! The owners took the great steps of adding a home generator system to keep life moving during tough weather conditions, overhauled the garage with heat and power to work on what ever project you choose, and set the grounds up with proper draining and thought ahead to make snow removal easy(ier). While the inside of the home has the standard split entry layout, its the extra touches that make it so special. The custom hardwood floors, new trim, and stairs were done with such love and care; it shows in the work! If entertaining is your thing, you're going to love the adorable kitchen, great yard, 3 storage buildings, and the best parking possible! This home is located in Beaver Bay Township, making it possible to short term rent it if you are looking for an income property on the North Shore!
Courtesy: eXp Realty
320-500-4397
Lake Superior Dream Property Awaits! North Shore of Lake Superior - Enjoy panoramic Lake Superior vistas! New Driveway Hassle-free access to your paradise. Electrical Ready Partially cleared, ready for your vision. Located North of Silver Bay, near Gooseberry State Park, Split Rock Lighthouse, and south of Lutsen Ski Resort. - **Less than 2 miles from Silver Bay Marina. - **Easy access to ATV, snowmobile, cross-country ski trails, and Superior National Forest. Hunt, fish, camp, hike right out your back door. Are you ready to make your dreams come true on the majestic North Shore of Lake Superior? This extraordinary property offers an unparalleled opportunity to own a piece of paradise! Wake up to awe-inspiring views of Lake Superior every day. This high lot provides a canvas for your dream home with breathtaking vistas.
Courtesy: Belay Realty
218-461-1903
Prime lot on Highway 61, Silver Bay. Gateway entrance into Silver Bay. Iconic Visitor Center/Food Court/Retail development location - This has favor with the City of Silver Bay. Other ideas that relate to a "Gateway" into Silver Bay project might work too. We have examples to share. Possible 4,000 sq ft footprint with another 2,000 sq ft footprint possible on top of cliff. More with multi-levels. sewer/water on site - This is a development opportunity. Looking for investors/developers Possible funding opportunities/grants, etc., available for this project.
Courtesy: eXp Realty, LLC- MN
763-443-9821
Lake Superior Dream Property Awaits! North Shore of Lake Superior - Enjoy panoramic Lake Superior vistas! New Driveway Hassle-free access to your paradise. Electrical Ready Partially cleared, ready for your vision. Located North of Silver Bay, near Gooseberry State Park, Split Rock Lighthouse, and south of Lutsen Ski Resort. - **Less than 2 miles from Silver Bay Marina. - **Easy access to ATV, snowmobile, cross-country ski trails, and Superior National Forest. Hunt, fish, camp, hike right out your back door. Are you ready to make your dreams come true on the majestic North Shore of Lake Superior? This extraordinary property offers an unparalleled opportunity to own a piece of paradise! Wake up to awe-inspiring views of Lake Superior every day. This high lot provides a canvas for your dream home with breathtaking vistas.
Courtesy: Coldwell Banker Realty - Duluth
218-728-5161
Say hello to life on Hays by making 101 your very own! This adorable 3 bedroom 2 bath home has been in the same family for 36 years, and ready to start again! Some of the features that set this one apart are the beautiful hardwood floors upstairs, the handicap accessible tub in the main floor bath, the double closets in the largest bedroom, and the attached garage! The downstairs features a large mechanics and work room, laundry & storage space, updated 3/4 bath, the start of a great space with a closet, and a blank slate for you to choose what it will be! Spend this summer, and many more to come, relaxing in your backyard or hiking the nearby trails; just be ready for football season, we hear there are some Lions & Bears fans nearby!
Courtesy: eXp Realty, LLC- MN
763-443-9821
Lake Superior Dream Property Awaits! **Property Highlights:** - **Location:** North Shore of Lake Superior - **Stunning Vista Views:** Enjoy panoramic Lake Superior vistas! - **New Driveway and Culvert: ** Hassle-free access to your paradise. - **Electrical Ready:** -**Partially cleared, ready for your vision. - **Prime Location:** North of Silver Bay, near Gooseberry State Park, Split Rock Lighthouse, and south of Lutsen Ski Resort. - **Less than 2 miles from Silver Bay Marina. - **Easy access to ATV, snowmobile, cross-country ski trails, and Superior National Forest. Hunt, fish, camp, hike right out your back door. Are you ready to make your dreams come true on the majestic North Shore of Lake Superior? This extraordinary property offers an unparalleled opportunity to own a piece of paradise! Wake up to awe-inspiring views of Lake Superior every day. This high lot provides a canvas for your dream home with breathtaking vistas.
Courtesy: eXp Realty
320-500-4397
Lake Superior Dream Property Awaits! **Property Highlights:** - **Location:** North Shore of Lake Superior - **Stunning Vista Views:** Enjoy panoramic Lake Superior vistas! - **New Driveway and Culvert: ** Hassle-free access to your paradise. - **Electrical Ready:** -**Partially cleared, ready for your vision. - **Prime Location:** North of Silver Bay, near Gooseberry State Park, Split Rock Lighthouse, and south of Lutsen Ski Resort. - **Less than 2 miles from Silver Bay Marina. - **Easy access to ATV, snowmobile, cross-country ski trails, and Superior National Forest. Hunt, fish, camp, hike right out your back door. Are you ready to make your dreams come true on the majestic North Shore of Lake Superior? This extraordinary property offers an unparalleled opportunity to own a piece of paradise! Wake up to awe-inspiring views of Lake Superior every day. This high lot provides a canvas for your dream home with breathtaking vistas.
Courtesy: Odyssey Real Estate Group
218-834-2495
Discover the epitome of tranquil living on this 3.1-acre haven nestled within the gated community of Whitetail Ridge. Enjoy the peace of mind that comes with living within this secure gated community. This exceptional property offers captivating valley vistas, with the potential for glimpses of Lake Superior. With over 3 acres at your disposal, your imagination knows no bounds. Create a retreat that reflects your unique vision and seamlessly integrates with the surrounding landscape. Proximity to the Superior Hiking Trail, Lake Superior, State Parks and all the North Shore has to offer means nature's playground is practically at your doorstep.
Andrea D. Conner, License # 40471694, Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
2025 Copyright 2025 Lake Superior Area REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Lake Superior Area REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision.
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. 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. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2025, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved
