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A little Northwoods charm, plenty of room to spread out, and a beautiful natural setting make this 1.87-acre property in Garrison one to get excited about! Located along a no-outlet road on Jennison Lake, the property offers mature trees, peaceful wooded surroundings, and beautiful lake views, all just minutes from Lake Mille Lacs and endless opportunities for boating, fishing, and enjoying the outdoors. A cleared area gives you a head start on bringing your vision to life, while well and septic systems added in 2024 provide a valuable bonus for future building plans. Even more unique, the property features three separate utility hookups, each with water, septic/sewer, and electricity, opening the door to a variety of possibilities. Whether you're dreaming of a Northwoods getaway or a place to build and enjoy for years to come, this serene setting is full of potential!

Highlights

  • Land
  • 1.87 Acre Lot
  • 13 days on Market


  • Acres
    1.87
  • Lot Features
    Cul-De-Sac, Irregular Lot
  • Utilities
    Electricity Available, Electricity Connected
  • Water
    Private, Well

  • County
    Crow Wing
  • City
    Garrison
  • Neighborhood
    Port Mille Lacs 1st Add Lake Forest
  • Zip Code
    56450

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Frequently Asked Questions

How do I schedule a tour of 5514 Banyan Dr?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 5514 Banyan Dr.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 5514 Banyan Dr?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $85,000. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Garrison, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 5514 Banyan Dr?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 5514 Banyan Dr at around $510. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 5514 Banyan Dr?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Crow Wing County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 5514 Banyan Dr?

In most cases, yes. Whether 5514 Banyan Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Garrison's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 5514 Banyan Dr?

We can handle that for you. Our preferred local agent specializes in lands in Garrison and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

5514 Banyan Dr was listed on October 28, 2026, which means it's been on the market for 13 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

5514 Banyan Dr sits on a 1.87-acre lot, which is 81,457 square feet.

What are the property taxes for 5514 Banyan Dr?

The most recent public record shows annual property taxes for 5514 Banyan Dr were approximately $316. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 5514 Banyan Dr still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 10, 2026 at 09:14PM. 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.

Last Updated: November 10, 2026 at 09:14PM | Source: NorthstarMLS | MLS#: 7161931

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