Silver Bay Homes under $250,000

Welcome to Silver Bay, Minnesota, a charming lakeside community nestled along the breathtaking shores of Lake Superior. Known for its stunning natural beauty, Silver Bay is a haven for outdoor enthusiasts and those seeking a tranquil lifestyle. With its picturesque landscapes, lush forests, and proximity to the North Shore, this quaint city offers a unique blend of adventure and serenity.

Silver Bay boasts a rich history, rooted in the iron mining industry, and today it stands as a vibrant community filled with friendly faces and engaging local events. Residents enjoy a variety of recreational activities, from hiking the scenic trails of the nearby Tettegouche State Park to fishing and boating on the pristine waters of the lake. The city also features a welcoming downtown area with local shops, restaurants, and cultural attractions that reflect the spirit of the North Woods.

For those looking to call Silver Bay home, the real estate market offers an enticing selection of homes under $250,000. Whether you’re a first-time homebuyer, a retiree seeking a peaceful retreat, or someone looking for a vacation getaway, you’ll find charming options that fit your budget. These homes often feature beautiful views, spacious lots, and easy access to nature, making them perfect for families or individuals who appreciate the great outdoors.

Discover the beauty and warmth of Silver Bay, where affordable living meets an exceptional lifestyle. Your dream home awaits in this idyllic Minnesota community!

Newest Silver Bay Homes under $250,000

$170,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7156772 MLS ⋅ 1,496 SqFt.

This updated 3-bedroom, 2-bath home offers modern finishes, functional living space, and direct access to the North Shore lifestyle. Step inside to a renovated kitchen featuring new cabinetry, quartz countertops, and stainless steel appliances. The open-concept layout flows seamlessly into the living room, highlighted by stylish shiplap accents and durable Pergo flooring throughout the main level. Three main-floor bedrooms provide convenient one-level living, while the updated bathroom features a spacious walk-in shower. Sliding doors lead to a large deck overlooking a peaceful, wooded backdrop, creating the perfect setting for grilling, entertaining, or relaxing in nature. The finished lower level offers a spacious family/rec room ideal for gatherings, game nights, or watching your favorite events. A newly completed full bath includes a large tub/shower combination, generous vanity, and additional storage. The lower level also provides ample storage options, a large utility room with newer washer and dryer, and flexible space to meet a variety of needs. Outside, enjoy a good-sized yard with room for play, gardening, or outdoor activities. The attached garage offers additional storage space, while the wooded backyard provides privacy and quick access to ATV and snowmobile trails. Located near Lake Superior and all the recreation, dining, and scenic beauty the North Shore has to offer, this move-in-ready home combines comfort, convenience, and outdoor adventure.

37 Bell Circle, Silver Bay

Listing courtesy of Edina Realty, Inc. - Duluth.

$81,400

ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7142303 MLS ⋅ 960 SqFt.

Great opportunity to buy this ranch style home built in 1954, located in Silver Bay, MN and sitting on approximately .22 acre lot with a one car detached garage. The all one floor interior has 960 sq. ft. with 3 bedrooms and 1 bathroom.

47 Edwards Drive, Silver Bay

Listing courtesy of REALHome Services and Solutions, Inc..

$214,000

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7121223 MLS ⋅ 1,590 SqFt.

This 2-bedroom, 2-bath home is filled with character, comfort, and years of cherished memories. Situated on a spacious corner lot, the property features a large garage, a generous driveway, and plenty of outdoor space to enjoy. Step inside to a welcoming living room designed for relaxation and gatherings with family and friends. The bright, open kitchen is filled with natural light and offers ample workspace. Its functional layout flows seamlessly into the dining area, providing comfortable seating for everyday living and entertaining. If desired, there is room to add an island and customize the space to fit your lifestyle. Two comfortable bedrooms on the main level serve as peaceful retreats for rest and relaxation. The lower-level family room provides generous space for recreation, game nights, movie watching, or simply spending time with loved ones. An additional room can be used as a home office, hobby room, or for creative pursuits, while a designated workshop area is perfect for tackling smaller projects. Outside, enjoy morning coffee, a favorite book, or conversation with friends on the deck overlooking the yard. The corner lot offers extra outdoor space, accented by mature trees, a small garden area, and raspberry bushes. The large garage provides ample room for vehicles, recreational equipment, storage, and larger DIY projects. With vinyl siding on the home and LP siding on the garage, maintenance is manageable, allowing you to spend more time enjoying all that this property has to offer. Lovingly cared for through the years, this home is ready for its next chapter. Move in, make it your own, and start creating memories that will last for years to come.

11 Ives Road, Silver Bay

Listing courtesy of Edina Realty, Inc. - Duluth.

$147,500

ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7018394 MLS ⋅ 960 SqFt.

A welcoming three-bedroom, one-bathroom home with a detached garage, ideal for comfortable family living. Conveniently located less than one mile from the local high school and just one block from ATV and snowmobile trails, this property offers the perfect balance of neighborhood convenience and outdoor enjoyment. Property has new roof and updated electrical.

39 Edison Boulevard, Silver Bay

Listing courtesy of Edina Realty, Inc. - Duluth.

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