Welcome to this charming 2-bedroom, 2-bathroom home located in the picturesque town of Silver Bay, Minnesota. Nestled among the scenic beauty of the North Shore, this property offers a unique opportunity for those looking to invest in a home that needs a little TLC.As you step inside, you’ll find a layout that features a spacious living area and a cozy kitchen. The two bedrooms provide ample space for relaxation, while the bathroom offers the essentials. With some renovation and personal touches, this home has the potential to become a delightful retreat or a cozy year-round residence.The property boasts a generous yard, perfect for outdoor activities and gatherings with family and friends. Enjoy the peaceful surroundings and the fresh air that Silver Bay is known for, with easy access to stunning hiking trails, beautiful lakes, and the wonders of nature.While this home needs some work, it’s a blank canvas waiting for your creative vision. Whether you’re an experienced renovator or looking to dip your toes into property improvement, this is an excellent opportunity to create your dream home in a desirable location.Don’t miss your chance to own this wonderful property in Silver Bay—schedule a viewing today and envision the possibilities!
Active
$125,000
26 Gibson Rd, Silver Bay, MN 55614
2beds
1,536sqft
Est.:
Single Family
Built in 1954
7,666.56 Square Feet Lot
$73,200 Zestimate®
$81/sqft
$-- HOA
What's special
Generous yardCozy kitchen
- 7 days |
- 483 |
- 15 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Michael Mitchell 612-296-5483,
Mitchell Realty LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7066615
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15x11
Bedroom 2
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Kitchen
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14x11
Living room
- Level: Main
- Area: 204 Square Feet
- Dimensions: 17x12
Living room
- Level: Lower
- Area: 372 Square Feet
- Dimensions: 31x12
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Range
- Laundry: Lower Level
Features
- Basement: Full
- Number of fireplaces: 1
Interior area
- Total structure area: 1,536
- Total interior livable area: 1,536 sqft
- Finished area above ground: 768
- Finished area below ground: 375
Property
Parking
- Total spaces: 1
- Parking features: Detached Garage
- Garage spaces: 1
Accessibility
- Accessibility features: Other
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,666.56 Square Feet
- Dimensions: 115 x 71
Details
- Foundation area: 768
- Parcel number: 22746013110
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Block, Frame
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Silver Bay
Financial & listing details
- Price per square foot: $81/sqft
- Tax assessed value: $152,200
- Annual tax amount: $1,018
- Date on market: 5/3/2026
Estimated market value
$73,200
Estimated sales range
Not available
$1,326/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/3/2026 | Listed for sale | $125,000+76.1%$81/sqft |
Source: | ||
| 11/19/2024 | Sold | $71,000$46/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,042 -16.1% | $152,200 +35.1% |
| 2024 | $1,242 +11.5% | $112,699 -5.9% |
| 2023 | $1,114 +119.1% | $119,720 +187.1% |
| 2022 | $508 +8.5% | $41,700 |
| 2021 | $469 -35.5% | $41,700 |
| 2020 | $727 +84.7% | $41,700 -21% |
| 2018 | $393 +17.9% | $52,800 -0.2% |
| 2017 | $334 +1.9% | $52,900 -0.9% |
| 2016 | $328 -20.6% | $53,400 -1.3% |
| 2015 | $412 | $54,100 |
| 2014 | $412 +6.1% | -- |
| 2013 | $389 -20.5% | -- |
| 2012 | $489 | -- |
| 2011 | -- | -- |
| 2010 | $445 | -- |
Find assessor info on the county website
Climate risks
Neighborhood: 55614
Nearby schools
GreatSchools rating
- 7/10William Kelley Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 5/10Kelley SecondaryGrades: 7-12Distance: 0.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Lake County
- Silver Bay
- 55614
- 26 Gibson Rd





