Listed at
$99,824

Petersons Lts

11691 Highway 8, Floodwood, MN, 55736
0.15  Acres
Days on market112
TypeLand
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About this home

Exceptional development opportunity in the heart of northern Minnesota! This unique offering includes four build-ready lots, with a conceptual plan already in place that may allow for the creation of a fifth lot by the future owner (buyer to verify all approvals and requirements with local governing authorities). These lots are ready for immediate development with significant improvements already completed, including: City water connected City sewer connected Driveways installed Culverts installed Ready for building Whether you’re a builder, developer, investor, or an individual looking to create a private northern Minnesota retreat, this property offers flexibility and tremendous potential. Conveniently located in Floodwood, you’ll enjoy easy access to several major communities: Approximately 30 minutes to Grand Rapids Approximately 30 minutes to Cloquet Approximately 30 minutes to Hibbing Approximately 40 minutes to Duluth The property is also located near both Highway 2 and Highway 73, providing excellent access throughout northeastern Minnesota. Outdoor enthusiasts will appreciate the proximity to the Floodwood Campground and the St. Louis River, offering outstanding opportunities for fishing, boating, hunting, ATV riding, and year-round recreation. Enjoy the peaceful Northwoods lifestyle while remaining within easy driving distance of shopping, dining, healthcare, and major retailers in Cloquet, Grand Rapids, Hibbing, and Duluth. This property presents a rare opportunity to build a dream home, develop multiple homesites, create a family compound, or add to an investment portfolio. The groundwork has already been completed, allowing the next owner to focus on bringing their vision to life. Don’t miss the chance to secure a turnkey development opportunity in one of northern Minnesota’s most desirable recreational corridors. Buyer and Buyer’s Agent to verify all dimensions, lot configurations, zoning requirements, utility connections, and potential subdivision opportunities.

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Home facts

Property typeLand
Lot size0.15 acres (0.)
Days on market112
ListedJun 8, 2026
MLS #NST7089055
CountySt. Louis
SubdivisionPetersons Lts
Parcel #125002300090

Facts & features

Interior

Bathrooms
0

Property

Fencing
None
Lot size
0.15 acres
Lot dimensions
0.
Lot features
Corner Lot, Tree Coverage - Medium
Road frontage
City Street
Road responsibility
Public Maintained Road

Construction

Property type
Land

Utilities

Utilities
Electricity Available, Electricity Connected, Sewer Connected, Water Connected

Community & HOA

Subdivision
Petersons Lts
HOA
No HOA
School district
698 - Floodwood
High school district
Floodwood

Financial & listing details

Annual tax
$166 (2025)
Listed
Jun 8, 2026
Days on market
112
Inclusions
None

Interior details

Total bathrooms0

Exterior & lot

Lot featuresCorner Lot, Tree Coverage - Medium
Road frontageCity Street
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Parking & garage

Financial details

Annual taxes$166
Tax year2025
Taxes w/ assessments166
Assessment pendingUnknown
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District698 - Floodwood
District number698
District phone2184762285
High schoolFloodwood
SODL flat fee brokerage
$0Estimated buyer credit
SODL platform fee $2,995Your buyer credit $0

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$572/mo
Principal & interest$525
Property taxes$14
Home insurance (est.)$33
%
$19,965
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

11691 Highway 8, Floodwood, MN, 55736

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Listing information

MLS #NST7089055
StatusActive
Last updatedJun 9, 2026, 1:31 AM
Originally listedJun 8, 2026, 8:27 PM
Listing officeLakes Area Realty G.V.

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.