Waterfront

Grand Marais, MN Waterfront Land for Sale

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Lutsen, MN Hovland, MN
Poplar Lake Lakeshore Opportunity
Updated: May 11
Poplar Lake Lakeshore Opportunity

76XX Gunflint Trl, Grand Marais, MN 55604

$249,900
1.43 AC lot
188 feet of lakeshore on Poplar Lake
1.43 acres with mature trees and multiple building sites
Dependable year‑round access with electricity and broadband available
Poplar Lake offers excellent fishing, scenic canoeing, and year‑round outdoor recreation
Easy access to trails for hiking, biking, skiing, and snowmobiling
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Lake Superior View Development Land
Updated: Apr 24
Lake Superior View Development Land

820 5th Ave W, Grand Marais, MN 55604

$150,000
936 sqft
Lake Superior view lot in Grand Marais with space for multiple development options
Includes a 936 sq ft garage built in 1994
Extensive outdoor parking space for vehicles
Electric is on site at the garage; water and sewer are in the adjacent street
Room to build: house, duplex, apartment, or a small house across the driveway from the garage
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Waterfront Land with Building Site
Waterfront Land with Building Site

15XB Greenwood Rd, Grand Marais, MN 55604

$245,000

Cleared building site with an existing driveway and power and broadband service at the driveway.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Grand Marais, 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.

Waterfront Land with Lake Views
Waterfront Land with Lake Views

44xx North Road, Hovland, MN 55606

$485,000
98.38 AC lot

Ridge-top acreage offers Lake Superior views, county-road access, electricity, and high-speed internet along North Road.

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Riverfront Recreational Land Parcel
Riverfront Recreational Land Parcel

4873 North Rd, Hovland, MN 55606

$325,000
25.00 AC lot

25-acre riverfront parcel with mature timber, 700 feet of frontage, an established driveway, and utilities already on site.

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Wooded Recreation Land
Wooded Recreation Land

Crown Creek Spur Rd, Finland, MN 55603

$149,000
13.53 AC lot

Wooded parcel with a driveway, available power, and a cleared potential build site.

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Land
Land

9326 Maple Ridge Rd, Finland, MN 55603

$225,000

Waterfront Land

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Grand Marais, MN Waterfront Land Market Trends and Statistics

Explore 3 waterfront land for sale in Grand Marais, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 63,227 square feet of properties for sale, with an estimated market value of $644,900.

Sale prices for water rights properties in Grand Marais, MN start at $150,000, averaging $214,966, and reaching up to $249,900 — 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

Residential land & home lots 5
Waterfront Land 4
Commercial land 1
Industrial land 1
Recreation land 1

Demographics Overview

Population 3,613
Population Growth (5Y) +6.8%
Median Household Income $71,458
College Educated 68.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
55604 $252.5K

Taxes & Financing

Tax Rate (average for all types) 1.59%
Property Tax per SF $29.87 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

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