Price Reduction - Waterfront
5908 Highway 61 Silver Bay, MN
$ 3,495,000
Property Attributes
  • MLS#5205693
  • TypeSingle Family
  • CountyLAKE
  • CitySilver Bay
  • Zip55614
  • Style(SF) Single Family
  • Year Built2014
  • Taxes18143
  • Price$ 3,495,000
  • Bedrooms4
  • Full Bathrooms5
  • Half Bathrooms2
  • Sqr Footage9241
  • Lot Size7.5 Acres
Listing Provided Courtesy Of:
Lakes Sotheby's International Realty
Property Description

What would it feel like to live atop Palisade Head, the magnificent rock formation on the North Shore? This serene getaway perched on a cliff high above Lake Superior comes close. The homeowners named it “Palisade Retreat” after the popular landmark several miles away. The home’s three levels are spread across two wings connected by a long glass walkway facing the lake. Inside, an amalgam of woods includes reclaimed redwood wine-cask siding, hemlock ceilings and reclaimed white oak floors. Outdoor enthusiasts will appreciate the nearby Superior Hiking Trail, Lutsen Mountains Ski Area, Superior National Forest and Boundary Waters Canoe Area.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
3/29/2019 Listed $5,495,000
4/5/2019 2% - $5,395,000
4/12/2019 2% - $5,295,000
4/26/2019 4% - $5,095,000
5/17/2019 2% - $4,995,000
7/16/2019 31% - $3,495,000

General Features

Baths 7
Construction Status Previously Owned
Contingency None
Cumulative Days on Market 622
DPR Eligible No
HOA Fee 0.00
Handicap Accessible None
Homestead Yes
Listing Status Active
Municipality Silver Bay
Potential Short Sale No
Present Use Yearly
Property Type SF
School District 381 - Lake Superior
Style (SF) Single Family
Tax Year 2017
Terms For Sale
Year Built 2014
Zoning Residential-Single

Interior Features

# of Fireplaces 2
Above Ground Finished Sq 6928
Air Conditioning Central
Amenities - Unit Deck, Natural Woodwork, Hot Tub, Sauna, Hardwood Floors, Tiled Floors, Walk-In Closet, Security System
Appliances Range, Wall Oven, Microwave, Exhaust Fan/Hood, Dishwasher, Refrigerator, Washer, Dryer, Water Softener - Owned, Central Vacuum
Basement Walkout
Bath Description Main Floor Full Bath, Main Floor 1/2 Bath, Upper Level Full Bath, Private Master
Below Ground Finished Sq 2313
Dining Room Description Informal Dining Room
Family Room Main Level
Fireplace Characteristic Living Room, Master Bedroom
Fireplace Y:n 1
Fuel Natural Gas
Full Baths 5
Garage Stalls 3
Heating Forced Air
Quarter Bath 2
Total Beds 4
Total Finished SqFt. 9241

Exterior Features

Lender Owned No
Acres 7.500
Exterior Features Wood
Foundation Size 2313
Lake/Waterfront Lake Front, Lake View, Lake Superior
Lake/waterfront - Y:n 1
Lakeacres 1634592.00000
Lot Description Irregular Lot, Tree Coverage - Medium
Out Buildings Guest House, Other
Pool Y/N None
Road Frontage Private, City
Roof Age 8 Years or Less
Sewer Private
Water Well
Waterfrontname Lake Superior


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 55614

AVG $530K
AVG $3,314
AVG 20
Year Built
AVG 1970

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