
7143 HWY 1, Finland, MN 55603
Lake County County
Key Facts
Description
Discover your Northwoods retreat nestled in the heart of Finland, MN. This spacious 4-bedroom, 1-bath single-family home blends rustic character with modern conveniences, all set amidst natural surroundings. Whether you’re searching for a full-time residence or a peaceful getaway, this property offers space, privacy, and endless possibilities. Step inside to an inviting open-concept main floor where the kitchen, dining area, and living room flow seamlessly—perfect for gatherings with family and friends. The main level features the primary bedroom and a generously sized hallway with floor-to-ceiling storage. Hardwood floors lie beneath some of the carpeting, ready to be uncovered and restored. The living room is filled with natural light from large windows that frame tranquil views of the landscape. Several windows have been updated with vinyl for improved energy efficiency while preserving the home’s original charm. A small office area provides a quiet, dedicated space for remote work or study. Upstairs, you’ll find three additional bedrooms—affectionately named the Antique Room, Sunflower Room, and Bear Room—along with another wide hallway complete with built-in storage. The unfinished walk-out basement adds convenient access for storage and future potential. Set on an impressive 17.6 acres with approximately 1,600 feet of frontage on the Baptism River, this property offers a rare connection to nature. Spend hot summer days cooling off in the river, or unwind along the shoreline while enjoying the soothing sounds of flowing water. Adding even more value and flexibility is a separate building site that once housed four small hotel units. Already equipped with an artesian well, septic system, electricity, and phone service, this area is ready for your vision—whether that’s glamping cabins, rental units, or a creative retreat space. Outdoor enthusiasts will appreciate the 30x48 Miracle Truss pole building, ideal for storing vehicles, equipment, and recreational toys. With nearby snowmobile and ATV trails, plus easy access to hiking and biking, this area is an adventurer’s dream. Enjoy day trips to Ely, the Boundary Waters Canoe Area Wilderness, and Lake Superior—all within reach. This unique Finland property offers privacy, riverfront living, and unmatched versatility. Rarely does a home combine this much land, water frontage, and opportunity in one package. Schedule your showing today and experience the potential of this remarkable North Shore retreat.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Traditional
Year Built
1960
Stories
1
Living Area
1,568 sq ft
Lot Size
17.60 acres
Lot Dimensions
Irregular
Garage Spaces
3
Days on Market
2
MLS® Listing#
6124941
Property Features
Interior
Heating
Basement
Parking
Roof
Windows
Sewer
Water Source
Rooms
- 14x7Main
- 6x6Main
- Bathroom8x6Main
- Bedroom10x10Upper
- Bedroom14x8Upper
- Bedroom12x11Main
- Bedroom10x11Upper
- Dining Room12x6Main
- Kitchen12x7Main
- Living Room16x13Main
Financial Details
HOA
None
Annual Taxes
$1,170
Tax year 2026
Parcel Number
26-5708-01850 + 01695 +01535
Directions
North on Hwy 61 to Hwy 1 for 9.1 miles
Affordability Calculator
$118,000
Estimated monthly payment
$3,140/mo
Principal $472,000 · Est. interest $658,482 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Finland, MN
- $410,000
- Median Listing Price
- 64
- Median Days on Market
- 1,242
- Median Sq Ft
- $376
- Median Price / Sq Ft
- 23
- Active Listings
- This home’s price is 44% above the area median.
- Its price per sq ft is right around the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Finland, MN.
Location
Points of Interest in Finland, MN
Showing the Finland area map.
Nearby Schools
William Kelley High School
Secondary · 10.7 mi away
Birch Grove Community School
Elementary · 21.9 mi away
Toimi School
School · 22.1 mi away
Two Harbors High School
Secondary · 32.6 mi away
Two Harbors Secondary
Secondary · 32.6 mi away
Minnehaha Elementary School
Elementary · 34.4 mi away
Babbitt Head Start 2142 Combination
School · 35.8 mi away
Northeast Range School
School · 35.8 mi away
Ely Memorial High School
Secondary · 41.0 mi away
Washington Elementary
Elementary · 41.1 mi away
Mesabi East Schools
Secondary · 44.8 mi away
North Shore Community School
Elementary · 45.2 mi away
Mesabi East Environmental Education Center Me3c
School · 45.3 mi away
South Shore Elementary
Elementary · 46.2 mi away
South Shore School Distrct
Secondary · 46.2 mi away
Bayfield Elementary
Elementary · 48.9 mi away
Bayfield High School
Secondary · 48.9 mi away
Cook County Middle
Secondary · 49.3 mi away
Sawtooth Mountain Elementary
Elementary · 49.3 mi away
Great Expectations
Elementary · 49.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 6527 Highway 1, Finland, MN | $500,000 | 3 | 3 | 1,342 |
| 7143 Highway 1, Finland, MN | $590,000 | 4 | 1 | 1,568 |
| 7143 Highway 1, Finland, MN | $590,000 | 4 | 1 | 1,568 |
| 10097 Sister Lake Rd, Finland, MN | $599,000 | 3 | — | 3,000 |
| 5669 W Park Hill Rd, Finland, MN | $750,000 | 3 | 2 | 1,984 |
Moving Cost Estimate
EXIT Agents in Finland
Listing Courtesy: Edina Realty, Inc. - Duluth - ***














