Listed at
$774,000
$471/sqft

Boathouse Bay Villas

118-124 E Lakeview Drive, Silver Bay, MN, 55614
3  Bedrooms3  Bathrooms1,642  Square Feet0.078  Acres
Days on market341
Year built2024
Garage spaces1
HOA / month$215
TypeResidential
Est. $20,220buyer credit when you buy with SODL
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About this home

Boathouse Bay is a newly constructed lakefront development in Silver Bay, MN offering stunning views of Lake Superior and a "modern rustic" aesthetic that blends seamlessly into the natural beauty of the North Shore. Located on a secluded cove and just an hour north of Duluth and 40 minutes south of Lutsen, you have easy access to all the North Shore has to offer! These 4 villas are 1642 sq ft and feature 3 bedrooms, 3 (3/4) baths, and an open-concept kitchen and living area with expansive lake-facing windows. The primary suite is located on the upper level and includes a walk-in closet, dual sink vanity, and sweeping lake views. Each unit features a gas fireplace in the living room and an attached lake-side deck with glass railings. Enjoy your morning coffee while watching the sun-rise over the lake on your private deck! These villas include 30-year warranty LP SmartSide siding with Diamond Kote finish, a 50-year standing seam steel roof, energy-efficient windows, city sewer/water, and fiber-optic internet. Residents will enjoy 500 ft of private lakeshore and beach access, perfect for swimming, kayaking, and paddle boarding. Tettegouche State Park, Split Rock Lighthouse State Park, Black Beach, Iona's Beach, and Palisade Head are all just minutes away! Adventure enthusiasts will appreciate the direct access to miles of trails perfect for biking, hiking, snowmobiling, and ATVing. This is a rare opportunity to own a brand-new luxury lakefront property on Minnesota's North shore! Only 22 more units will become available for purchase. Unlike large-scale developments, it has been intentionally planned to feel welcoming, walkable, and connected—providing homeowners with a North Shore experience that feels personal and unique. See supplement for more detail. Future amenities are planned including an event center for gatherings and celebrations, Scandinavian-inspired saunas, and outdoor spaces designed for relaxation and connection with nature. 4 Villa's will be reserved available spring of 2026!

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Home facts

Property typeResidential
Property subtypeTwin Home
Year built2024
LevelsTwo
Living area1,642 sqft
Above-grade finished1,642 sqft
Below-grade finished0 sqft
Lot size0.078 acres (21.76x165)
Days on market341
ListedOct 2, 2025
MLS #NST6798084
CountyLake
SubdivisionBoathouse Bay Villas
Parcel #22756001450

Facts & features

Interior

Bedrooms
3
Bathrooms
3
Bath breakdown
3 3/4
Heating
Forced Air
Cooling
Central Air
Laundry
Electric Dryer Hookup, In Unit, Washer Hookup

Property

Levels / stories
Two
Garage
1 space · 360 sqft
Parking features
Gravel
Patio & porch
Composite Decking, Deck, Glass Enclosed
Pool
None
View
East, Panoramic

Construction

Property type
Residential
Property subtype
Twin Home
Construction materials
ICFs (Insulated Concrete Forms)
Foundation
819 sqft
Roof
Metal
Builder
J R ANDERSON CONSTRUCTION CO LLC

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Electric, Natural Gas
Electric
200+ Amp Service

Community & HOA

Subdivision
Boathouse Bay Villas
HOA
$215/month
HOA name
Boathouse Bay Management Company
HOA phone
6128897272
HOA includes
Beach Access, Building Exterior, Hazard Insurance, Lawn Care, Other, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Shared Amenities, Snow Removal
School district
Lake Superior

Financial & listing details

Annual tax
$0 (2025)
Listed
Oct 2, 2025
Days on market
341
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths0
3/4 baths3
Half baths0
1/4 baths0
BasementCrawl Space, Drain Tiled, Concrete, Sump Pump
HeatingForced Air
CoolingCentral Air
Fireplaces1
LaundryElectric Dryer Hookup, In Unit, Washer Hookup
DiningInformal Dining Room, Kitchen/Dining Room, Living/Dining Room
AmenitiesCeiling Fan(s), Deck, Primary Bedroom Walk-In Closet, Natural Woodwork, Panoramic View, Tile Floors, Washer/Dryer Hookup
AccessibilityNone
Special features2nd Floor Laundry, Main Floor Bedroom, Primary Bdr Suite

Exterior & lot

RoofMetal
Foundation area819 sqft
Patio/porchComposite Decking, Deck, Glass Enclosed
Lot featuresAccessible Shoreline, Cleared, Tree Coverage - Light, Underground Utilities
Road frontagePrivate Road
Road responsibilityAssociation Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelElectric, Natural Gas

Parking & garage

ParkingGravel
Garage spaces1
Garage size360 sqft

Financial details

Annual taxes$0
Tax year2025
Taxes w/ assessments0
Assessment pendingNo
HOA fee$215
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District number1544
District phone2188348216
High schoolLake Superior
SODL flat fee brokerage
$20,220Estimated buyer credit
SODL platform fee $3,000Your buyer credit $20,220

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

$5,315/mo
Principal & interest$4,068
Property taxes (est.)$774
Home insurance (est.)$258
HOA fees$215
%
$154,800
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

118-124 E Lakeview Drive, Silver Bay, MN, 55614

Listing information

MLS #NST6798084
StatusActive
Last updatedJan 6, 2026, 11:15 PM
Originally listedOct 22, 2025, 12:00 AM
Listing officeSolutions Real Estate LLC

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.