Sold / Closed
$162,000

Sold price · Closed Nov 7, 2025

$191/sqft

Silver Bay 2nd Div

86 Banks Boulevard, Silver Bay, MN, 55614
3  Bedrooms1  Bathroom864  Square Feet0.24  Acres
Days on market60
Year built1953
Garage spaces1
TypeResidential
Est. $1,950buyer credit when you buy with SODL

About this home

Nestled in Silver Bay, this charming single-family home offers an ideal combination of comfort and convenience. Just a short distance from a variety of North Shore activities, this property is a dream for outdoor enthusiasts, with easy access to the Superior Hiking Trail, bike trails, and ATV and snowmobile routes. This tastefully updated residence features three bedrooms and a modern bathroom, making it perfect for both a permanent home or a cozy retreat. The heart of the home is the open-concept kitchen, dining, and living area, which fosters an inviting atmosphere that is ideal for family and friends. The living room is filled with natural light, creating a cheerful space for relaxation and conversation. The kitchen is a chef's delight, equipped with stainless steel appliances and newer cabinetry that balance style and functionality. The Pergo flooring throughout enhances the home’s aesthetic appeal while ensuring easy maintenance. The updated bathroom boasts contemporary finishes, adding a touch of luxury to your daily routine. A convenient utility room off the kitchen houses an on-demand water heater, laundry and provides additional space for pantry items, ensuring everything you need is easily accessible. Step outside to enjoy the serene privacy of the fully fenced backyard, where you can unwind on the deck, savor your morning coffee, or immerse yourself in a good book. For chilly evenings, the wood-burning sauna offers a perfect escape, allowing you to relax and rejuvenate. The exterior of the home is designed for hassle-free living, featuring durable metal siding and roof that requires minimal upkeep, as well as newer vinyl windows. With essential amenities such as the library, banks, and shops all within walking distance, this property not only provides a tranquil living environment but also the convenience of urban living. Don’t miss the opportunity to make this meticulously maintained and updated home your own.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1953
LevelsOne
Living area864 sqft
Above-grade finished864 sqft
Below-grade finished0 sqft
Lot size0.24 acres (75x142)
Days on market60
ListedSep 8, 2025
MLS #NST6784955
CountyLake
SubdivisionSilver Bay 2nd Div
Parcel #22745008020

Facts & features

Interior

Bedrooms
3
Bathrooms
1
Bath breakdown
1 full
Heating
Forced Air, Fireplace(s)
Cooling
None
Appliances
Dryer, Range, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Washer

Property

Levels / stories
One
Garage
1 space · 12x24 · 288 sqft
Parking features
Detached Garage, Asphalt
Patio & porch
Deck, Rear Porch, Side Porch
Exterior features
Metal
Fencing
Chain Link

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Frame
Foundation
Slab · 864 sqft
Roof
Metal
Year built
1953

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers

Community & HOA

Subdivision
Silver Bay 2nd Div
HOA
No HOA
School district
381 - Lake Superior
High school district
Lake Superior

Financial & listing details

Annual tax
$760 (2025)
Listed
Sep 8, 2025
Days on market
60
Manufactured home
Yes

Interior details

Total bathrooms1
Full baths1
3/4 baths0
Half baths0
1/4 baths0
BasementNone
HeatingForced Air, Fireplace(s)
CoolingNone
Fireplaces1
LaundryMain Level
AppliancesDryer, Range, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Washer
DiningEat In Kitchen, Informal Dining Room
AmenitiesDeck, Sauna
AccessibilityNo Stairs Internal
Special features3 BR on One Level, Main Floor Primary, Main Floor Bedroom, Main Floor Laundry

Exterior & lot

ExteriorMetal
RoofMetal
FoundationSlab
Foundation area864 sqft
Patio/porchDeck, Rear Porch, Side Porch
Lot featuresTree Coverage - Light
Road frontageCity Street, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingDetached Garage, Asphalt
Garage spaces1
Garage size288 sqft

Financial details

Annual taxes$760
Tax year2025
Taxes w/ assessments760
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District381 - Lake Superior
District number381
District phone2188348216
High schoolLake Superior
SODL flat fee brokerage
$1,950Estimated buyer credit
SODL platform fee $3,000Your buyer credit $1,950

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

$985/mo
Principal & interest$867
Property taxes$63
Home insurance (est.)$55
%
$33,000
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

86 Banks Boulevard, Silver Bay, MN, 55614

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Listing information

MLS #NST6784955
StatusClosed
Last updatedNov 7, 2025, 5:08 PM
Originally listedSep 8, 2025, 1:37 PM
Listing officeEdina Realty, Inc. - Duluth

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.