5292 Morning Star Loop, Finland, MN 55603
Lake County
Key Facts
Description
Wow, so much potential just needs the right buyer. Seize this incredible investment opportunity to own one of the highest points in Minnesota, offering breathtaking 360-degree views and unmatched potential. This extraordinary 100-acre property, being sold as-is, includes 43 homes and RV pads for camping, along with groomed trails perfect for snowmobiling, ATVs, hiking, and more. The property consists of five surveyed parcels, complete with a central septic system and a well servicing the historical area. Whether you're looking to develop, invest, or simply enjoy the natural beauty of this unique land, the possibilities are truly endless. Schedule your tour today and experience the potential of this remarkable property! 5 PID # 27570704385,27570705190,27570705130, 27570704330,27570705010
Property Information
Property Type
Commercial Sale
Year Built
1960
Stories
1
Lot Size
100.00 acres
Lot Dimensions
irregular
Garage Spaces
25
Zoning
Business/Commercial, Resi
MLS® Listing#
7053298
Property Features
Heating
Lot Features
Water Source
Financial Details
Annual Taxes
$2,080
Parcel Number
27570705130
Directions
Hwy 61 from Duluth North to Cty Rd 1 (at Illgen city), left to Finland to Co Rd 7 about 1 mile to Air Base Road, straight to gates at end of road. Walk around, do not leave tar roads with vehicle.
Affordability Calculator
$160,000
Estimated monthly payment
$4,258/mo
Principal $640,000 · Est. interest $892,857 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Finland, MN
- $410,000
- Median Listing Price
- 63
- Median Days on Market
- 1,242
- Median Sq Ft
- $376
- Median Price / Sq Ft
- 23
- Active Listings
- This home’s price is 95% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Finland, MN.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 6785 Village Drive, Finland, MN | $564,900 | 2 | 2 | 1,607 |
| 7143 HWY 1, Finland, MN | $590,000 | 4 | 1 | 1,568 |
| 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 |
| 7185 HWY 1, Finland, MN | $650,000 | 2 | 1 | 1,245 |
Moving Cost Estimate
Listing Courtesy: Premier Real Estate Services - 3202594554
Presented by: Lynne F Crandall