Waterfront

Babbitt, MN Waterfront Land for Sale

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Embarrass, MN Isabella, MN Ely, MN Soudan, MN Tower, MN Hoyt Lakes, MN Aurora, MN Biwabik, MN
Wooded Waterfront Land
Updated: Oct 7
Wooded Waterfront Land

TBD 1 County Road 904, Babbitt, MN 55706

$525,000
Approximately 50 acres of wooded land
Nearly 1,800 feet of shoreline on Joseph Lake
Direct access to fishing, hunting, hiking, snowmobiling and ATV exploration
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1 active listing matches your search: Waterfront for sale in Babbitt, MN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Burntside Lake 5-Acre Parcel
Burntside Lake 5-Acre Parcel

Waters Island, Ely, MN 55731

$945,000
5.30 AC lot

Spectacular 5-acre parcel on Burntside Lake's Waters Island.

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Tower, MN Waterfront Land Parcel
Tower, MN Waterfront Land Parcel

5248 Ely Island S, Tower, MN 55790

$195,000
5.19 AC lot

5.19 acres with 495' of south-facing lakeshore.

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Turnkey Waterfront Recreation Lot
Turnkey Waterfront Recreation Lot

2148 Haapala Rd, Ely, MN 55731

$149,000
5.00 AC lot

A ready-to-build 5-acre parcel with cleared site, driveway, private well, power, septic, and water hookups.

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Land, Tower, MN
Land, Tower, MN

Armstrong Bay Road, Tower, MN 55790

$425,000
3.44 AC lot

Residential land & home lots · 3.44 Acres

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Babbitt, MN Waterfront Land Market Trends and Statistics

Explore 1 waterfront land for sale in Babbitt, MN on our real estate platform.

Sale prices for water rights properties in Babbitt, MN average $525,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Recreation land 3
Hunting land 2
Waterfront Land 1
Residential land & home lots 1

Demographics Overview

Population 1,827
Population Growth (5Y) +13.3%
Median Household Income $60,096
College Educated 30.1%

High-Yield Neighborhoods for Investment

Identify Babbitt submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
55706 $525K

Taxes & Financing

Tax Rate (average for all types) 2.18%
Property Tax per SF $44.35 per SF
Tax Rate vs County Average 0.41 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Louis County

New Delisted

Total CRE Inventory on Market (SF)

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