Bovey Homes under $400,000

Welcome to Bovey, Minnesota – a hidden gem nestled in the heart of Itasca County! This charming city, steeped in rich history and surrounded by the breathtaking beauty of nature, offers a perfect blend of small-town charm and modern conveniences. With its friendly community and serene landscapes, Bovey is an ideal place for families, retirees, and anyone seeking a peaceful lifestyle.

Bovey boasts a variety of outdoor recreational opportunities, thanks to its proximity to the Mesabi Trail and numerous lakes. Whether you enjoy hiking, fishing, or simply soaking in the stunning scenery, you’ll find plenty of ways to embrace the great outdoors. The city is also known for its vibrant local events and festivals that bring residents together, fostering a strong sense of community.

For those considering making Bovey their home, you’ll be pleased to discover an array of beautiful properties available for under $400,000. From cozy single-family homes with charming architectural details to more spacious options perfect for growing families, there’s something for everyone. Many of these homes feature modern amenities while retaining the character that makes Bovey so special.

Living in Bovey means enjoying a slower pace of life while still being conveniently located near larger cities for shopping and entertainment. With its affordable housing market, stunning landscapes, and welcoming atmosphere, Bovey is truly a place where you can put down roots and thrive. Come explore what this delightful city has to offer and find your dream home today!

Newest Bovey Homes under $400,000

$265,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7154261 MLS ⋅ 1,911 SqFt.

Tucked away at the end of a quiet street, this 3-bedroom, 2-bath home offers a great combination of comfortable living space, privacy, and exceptional garage space on an oversized lot. Inside, you’ll find multiple living spaces, and a bright sunroom overlooking the backyard. A freestanding wood-burning stove adds warmth and character, while the primary suite features its own full bath and a generous walk in closet. The home also features newly insulated skirting and floor for added efficiency and comfort. Out back, the large deck provides plenty of room to grill, or entertain. One of the standout features is the impressive 28x56 heated garage with 10-foot ceilings, plus a 10x28 lean-to for additional covered storage. Attached to the garage is a 15x27 finished studio with a half bath—ideal for a home office, hobby room, workout space, man cave, or whatever fits your needs. With multiple living spaces, abundant storage, and a peaceful end-of-the-road setting, this property offers plenty of room to spread out both inside and out.

312 Lawson Avenue, Bovey

Listing courtesy of EDGE OF THE WILDERNESS REALTY.

$169,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7152597 MLS ⋅ 2,010 SqFt.

Looking for something new & ready for your family? This beautifully updated home in Bovey may be just what you’re looking for. Nearly every inch has been renovated from top to bottom, offering 3 bedrooms and 1.75 bathrooms. Extensive updates include the kitchen, bathrooms, windows, electrical, furnace, water heater, flooring, roofing, and more. The main level features an open floor plan with a spacious kitchen and convenient main-floor laundry. Upstairs, you’ll find all three bedrooms along with a ¾ bath. Outside, enjoy a quiet backyard with a new rear deck and plenty of off-street parking. This home should meet all loan type requirements. Schedule your showing today!

208 6th Avenue, Bovey

Listing courtesy of MN DIRECT PROPERTIES.

$299,900

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7146707 MLS ⋅ 2,100 SqFt.

First time offered! Are you looking for one level living with end of the road privacy? Custom built 4 bdrm 2 bath home on 5 acres in Trout Lake Township. Priced below assessed value. Slate and ceramic tiling, pine ceilings, combination of Red Oak, Black Ash and Birch flooring, impressive primary bedroom with bath and walk-in closet, 30 x 40 garage with 240 amps accommodating welding/air compressor. This home offers a unique opportunity to add your finishing touches!!

22194 Pennala Cartway, Bovey

Listing courtesy of MOVE IT REAL ESTATE GROUP/LAKEHOMES.COM.

$399,000

ACTIVE Status ⋅ 4 Beds ⋅ 1 Baths ⋅ 7135864 MLS ⋅ 1,260 SqFt.

Escape to beautiful King Lake and enjoy the Northwoods lifestyle! This cute exceptionally well-cared for 1260 Sq. Ft., 4-bedroom, 1-bath is tucked beneath towering pines and surrounded by the George Washington State Forest. With no public access on King Lake, you will appreciate the peaceful lake setting, abundant wildlife and great fishing right off your own dock. ATV trails are just down the road, and when the snow flies, this is a fantastic snowmobile and winter getaway. Although considered a seasonal cabin, the sellers have enjoyed using it year-round. There is plenty of room for family and guests, plus a detached garage for vehicles, ATV's snowmobiles and lake gear. One of the property's most charming feature is the separate wood sauna building with shower-perfect after a day of fishing, riding or playing in the snow. Whether you are looking for a summer lake cabin, hunting-season headquarters or a cozy winter escape, this special King Lake property offers four seasons of Northwoods fun!

46552 County Road 346, Bovey

Listing courtesy of COLDWELL BANKER NORTHWOODS.

$299,000

ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7145683 MLS ⋅ 786 SqFt.

Welcome to your own private Northwoods retreat on beautiful Hartley Lake. Set on an impressive 1.32 acres with 312 feet of shoreline, this property offers an exceptional combination of privacy, land, and lakefront, an ideal setting for creating years of memorable summers at the lake. This inviting seasonal cottage features three bedrooms, an updated kitchen and bath, and a comfortable living room with a wood stove and wall of sliding glass doors overlooking the lake. The doors open to more than 700 feet of deck, creating exceptional outdoor living space with panoramic lake views and an easy connection to the water. Most of the plumbing has been replaced, the septic system is newer, and a newer storage shed provides convenient space for lake gear, toys, and equipment. Hartley Lake is approximately 280 acres, offers the classic Northwoods experience with opportunities for boating, fishing, swimming, and wildlife watching. Its diverse fishery and peaceful wooded setting make it a wonderful place to unplug and enjoy the outdoors. If you are looking for a place to spend spring, summer and fall this Hartley Lake property offers the shoreline, land and setting to make your lake life remarkable.

46815 Hartley Lake Road, Bovey

Listing courtesy of Lakes Sotheby's International Realty.

$138,500

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7136886 MLS ⋅ 1,200 SqFt.

Welcome to this charming 2-bedroom, 1.75-bath home offering comfort, privacy, and inviting outdoor living spaces. The attached 2-stall garage provides convenient access to the versatile lower level, offering plenty of room for storage, hobbies, or additional living space. Inside, you'll appreciate the bright, open living area, functional eat-in kitchen, and two comfortable bedrooms. Surrounded by mature trees and thoughtfully designed outdoor spaces, the property offers a peaceful, secluded setting perfect for relaxing or entertaining. Home will need some TLC & currently has a pet odor. Contract for deed available on this property.

306 7th Avenue, Bovey

Listing courtesy of MN DIRECT PROPERTIES.

$175,000

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7136461 MLS ⋅ 976 SqFt.

Opportunity awaits on Lower Balsam Lake! This 2-bedroom, 1-bath cabin sits on .54 acres with 109 feet of shoreline and is ready for someone with vision to bring it back to life. This property needs TLC and is being offered as a fixer-upper, providing an excellent opportunity for those willing to put in the work to create their own Northwoods getaway. The cabin offers a functional starting point, while the property itself features plenty of outdoor amenities, including a large deck, screened-in patio, roll in dock, sauna house, storage shed, and single-stall detached garage. With a beautiful lakeside setting on Lower Balsam Lake and plenty of space to work with, this could be a rewarding project for an investor, handyman, or buyer looking for a cabin they can renovate and make their own. Bring your tools, ideas, and vision—this one will require work, but the potential is here!

23140 Oak Lane, Bovey

Listing courtesy of Mirabella Realty.

$190,000

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7130322 MLS ⋅ 1,620 SqFt.

Whether you're owner-occupying or buying an investment property, this is a unique opportunity that only comes around once in a while. This cash-flowing duplex is set on three city lots and has a massive three-stall garage for storage or more income potential! There are two units: Upstairs is a two-bedroom, one-bath with a big kitchen and a shared living room/dining area. The main floor is two-bedroom with a full bath and an eat-in kitchen. Currently the rents are $950 (up) and $1,000 (main), which is well under market rent for this area, especially when you consider that the solar panels supplement the majority of electricity the tenants use. The owner pays a flat $180 for sewer and water and the tenants pay the rest. There is an extra bathroom and kitchen area in the basement as well.

219 3rd Avenue, Bovey

Listing courtesy of GRAND PROPERTIES REAL ESTATE.

$374,000

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7115444 MLS ⋅ 1,515 SqFt.

Welcome to this beautiful Wolf Lake Property where luxury meets off-grid living. This is one you don't want to miss. 2 Parcels make up this 2.69+/- acre recreational/living paradise. To the North you have 150ft of Wolf Lake water frontage, and to the south the property adjoins tax-forfeited lands. It may be off-grid, but it is fully equipped to live in year-round, and have electricity via the LP Generator that is on-site. Includes remote start to turn on/off generator from inside the home/cabin. Come take a look today of this amazing property in Itasca County North of Nashwauk, MN. Wolf Lake: Public water access and creates the start of the Prairie River.

19094 Wolf Lake Trail, Bovey

Listing courtesy of Team Aasness Auctions and Real Estate, LLC.

Start Your Search

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.