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    Grand Marais, MN
    Residential

    Grand Marais, MN Residential Land & Home Lots for Sale

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    Lutsen, MN Hovland, MN
    Land
    Updated: Aug 13
    Land

    2XX 4th Ave W, Grand Marais, MN 55604

    $172,000
    View details
    Development Land Parcel
    Updated: Jun 12
    Development Land Parcel

    123456-xx East 5th Street, Grand Marais, MN 55604

    $155,000
    Nice level parcel in the City of Grand Marais, suitable for development
    Mature trees on the property
    Electric is on site
    City sewer and water are available, and fiber is available, but the buyer is responsible to bring services in
    New HMU zoning mentioned for courtyard development
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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 6 Potential Opportunities for your consideration. Besides 2 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 Designated Build Site
    Waterfront Land with Designated Build Site

    9223 W Highway 61, Schroeder, MN 55613

    $239,000
    40.00 AC lot

    40-acre North Shore parcel near Sugar Loaf Beach with surveyed work, wetland delineation, and an established build site.

    View details
    Wooded Homesite Land Parcel
    Wooded Homesite Land Parcel

    435 Cramer Rd, Schroeder, MN 55613

    $84,500
    2.43 AC lot

    2.43-acre wooded parcel with a hand-dug well, a start of driveway, and a cleared building site for a homesite or cabin.

    View details
    Ready-to-Build Land North Shore
    Ready-to-Build Land North Shore

    2xx Overlook Trl, Tofte, MN 55615

    $89,000

    Prime land on LeVeaux Mountain Ridgeline, Tofte, MN.

    View details
    Land
    Land

    Lot 2 Hoaglund Dr, Tofte, MN 55615

    $99,000

    Recreation land

    View details

    Grand Marais, MN Residential Land & Home Lots Market Trends and Statistics

    Explore 2 residential land & home lots for sale in Grand Marais, MN on our real estate platform.

    Sale prices for home sites in Grand Marais, MN start at $155,000, averaging $163,500, and reaching up to $172,000 — 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

    Waterfront Land 3
    Residential land & home lots 3
    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 $196.4K

    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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