Lake County Homes under $250,000

Welcome to Lake County, Minnesota – a hidden gem nestled in the heart of the North Woods. Known for its breathtaking landscapes, pristine lakes, and charming small towns, Lake County offers a unique blend of natural beauty and community spirit. Whether you’re an outdoor enthusiast, a family looking for a peaceful place to settle down, or a retiree seeking tranquility, Lake County has something for everyone.

The county is home to an array of stunning outdoor activities, from hiking the picturesque trails of the Superior National Forest to fishing in the crystal-clear waters of Lake Superior. With its rich wildlife and scenic vistas, Lake County is a paradise for nature lovers and adventure seekers alike. In addition to its natural attractions, the county boasts a warm and welcoming community that hosts numerous local events and festivals throughout the year.

For those seeking affordable housing options, Lake County has a variety of homes available for under $250,000. These homes offer great value, allowing you to enjoy the beauty of the area without breaking the bank. From cozy cabins perfect for weekend getaways to charming single-family homes ideal for families, you’ll find a diverse selection of properties that cater to different lifestyles and budgets.

Living in Lake County means embracing a slower pace of life while still having access to modern amenities. With its friendly neighborhoods, excellent schools, and a strong sense of community, Lake County is not just a place to live – it's a place to call home. Come explore the opportunities that await you in this beautiful corner of Minnesota!

Newest Lake County Homes under $250,000

$88,400

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.

$220,000

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7092828 MLS ⋅ 1,242 SqFt.

2-bedroom, 2-bath home with 2-car garage on just under an acre. Kitchen features exposed beams and an open, functional layout. Significant improvements include new septic system and well installed in 2024. Solid floor plan, practical updates, and move-in ready condition.

6745 Riverside Drive, Finland

Listing courtesy of Edina Realty, Inc. - Duluth.

$140,000

ACTIVE Status ⋅ 1 Beds ⋅ 1 Baths ⋅ 7078556 MLS ⋅ 616 SqFt.

Your Private Cabin Retreat in the Superior National Forest Awaits Own a piece of history with this charming 1935 CCC-built log cabin located just outside Isabella in the Superior National Forest. Listed on the Historic Registry, this well-preserved retreat sits on 1.39 acres and offers a peaceful Northwoods setting with easy access to lakes, hunting land, and ATV/snowmobile trails. The cabin features an open-concept main room combining living, sleeping, and kitchen space, plus a modern bathroom with tiled shower. Original logs have been corn blasted to enhance their natural beauty while maintaining historic character. Recent updates in 2024 include a new roof and freshly painted exterior. Property includes shared well (tested annually), septic system sized for a 2-bedroom home, and 200-amp underground electric. Heating provided by 4000W main heater plus 1500W unit in utility/bath area. Existing chimney allows for future wood stove installation. Ideal as a recreational getaway or basecamp, with room to expand—live comfortably while building your dream home. Rare opportunity in a prime Northwoods location.

9519 Ccc Trail, Isabella

Listing courtesy of Edina Realty, Inc. - Duluth.

$199,900

ACTIVE Status ⋅ 1 Beds ⋅ 1 Baths ⋅ 7055231 MLS ⋅ 600 SqFt.

Harriet Lake! Fully furnished cabin in remote wilderness setting with all the comforts of home. Solar electricity with generator back-up, sauna, Starlink system, television, wood stove and wood pile, refrigerator, stove, dock, campfire ring, weber grill, outhouse, gated community, forest service lease property. The cabin is a nicely finished wood paneled one room with finished porch.

Finland

Listing courtesy of Hot Line Realty Inc.

$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.

1412 # 5-502a Burlington Road, Two Harbors

$81,900

ACTIVE Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 6683953 MLS ⋅ 1,700 SqFt.

This listing is for a 1/8 fractional share of this unit. Whole units are also available. Are you looking for a beautiful, serene, and luxurious condo along Minnesota's Famous North Shore? Burlington Bay is finally selling condos offering stunning views of Lake Superior and a luxurious living experience that you won't find anywhere else along the Shore. Inventory available along the North Shore is extremely low. This is a rare opportunity to own a piece of paradise in one of the most desirable locations in the Midwest. Our condos feature spacious living areas, modern appliances, and high-end finishes that will make you feel like royalty. Imagine waking up every morning to the sound of the waves and the fresh lake breeze while enjoying your morning coffee on your private balcony. Amenities include: as an indoor pool, indoor and outdoor hot tubs, a sauna, a fitness center, walking trails, playground, and on-site laundry. Additional units are also available. Inquire for details.

1412 # 5-502a Burlington Road, Two Harbors

Listing courtesy of Northco Real Estate Services.

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.