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    Babbitt, MN Waterfront Land for Sale

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    Embarrass, MN Isabella, MN Ely, MN Soudan, MN Hoyt Lakes, MN Tower, MN Aurora, MN Biwabik, MN
    Northwoods Waterfront Wilderness Land
    Updated: Jul 25
    Northwoods Waterfront Wilderness Land

    3XXX County Road 904, Babbitt, MN 55706

    $750,000
    125.00 AC lot
    Approximately 125 acres of Northwoods wilderness on Joseph Lake
    About 1,800 feet of private shoreline on Joseph Lake
    Includes two separate non‑lakefront lots for added flexibility
    Direct access for fishing, hunting, hiking, snowmobiling, and ATV exploration from the property
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    See what stands out in St. Louis County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Babbitt, MN, we suggest exploring several alternatives: 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.

    View details
    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.

    View details
    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.

    View details
    RV Resort Cooperative Share
    RV Resort Cooperative Share

    TBD 30 Lake Ave S, Tower, MN 55790

    $59,900
    0.05 AC lot

    Cooperative ownership includes an RV lot, boat-slip access, municipal utilities, and a 50-amp electrical hookup.

    View details

    Babbitt, MN Waterfront Land Market Trends and Statistics

    Explore 1 waterfront land for sale in Babbitt, MN on our real estate platform. These investment opportunities span a total of 5,445,000 square feet of properties for sale, with an estimated market value of $750,000.

    Sale prices for water rights properties in Babbitt, MN average $750,000 — 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

    Hunting land 1
    Waterfront Land 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 $750K

    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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