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Whether you are looking to hunt, house horses, start a hobby farm, or escape the city life, this 10 acre parcel offers a perfect retreat away from the noise. Set up your stands, shack, or settle in and build a dream hobby farm in nature! The property offers a mix of tree coverage and hay field, and the stream running along the western edge of the property will attract all the wildlife you crave! Just a short 15 minute drive to Silver Bay makes for an ideal location just off the northern shores of Lake Superior. Property is being sold as-is. Seller is currently in the process of subdividing the northern 10 acres of this 40 acre parcel. The area to be divided will measure 496 feet from the northern edge of the parcel and will expand the entire 880 feet from west to east. Before closing on the property, the process of dividing the 10 acres is to be completed. Seller is open to considering splitting 20 acres.

Highlights

  • Land
  • 10.0 Acre Lot
  • 178 days on Market


  • Acres
    10.0
  • Lot Features
    Level
  • View
    River
  • Utilities
    Cable Available, Sewer Available, Electricity Available, Water Available, Natural Gas Available, Phone Available, None

  • County
    Lake
  • City
    Silver Bay
  • Zip Code
    55614

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Frequently Asked Questions

How do I schedule a tour of TBD Highway 3?

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 TBD Highway 3.

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 TBD Highway 3?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $50,000. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Silver Bay, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for TBD Highway 3?

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 TBD Highway 3 at around $285. 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 TBD Highway 3?

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 Lake 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 TBD Highway 3?

In most cases, yes. Whether TBD Highway 3 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Silver Bay'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 TBD Highway 3?

We can handle that for you. Our preferred local agent specializes in lands in Silver Bay 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?

TBD Highway 3 was listed on May 20, 2026, which means it's been on the market for 178 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?

TBD Highway 3 sits on a 10.0-acre lot, which is 435,600 square feet.

Is TBD Highway 3 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 14, 2026 at 12:11AM. 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 14, 2026 at 12:11AM | Source: NorthstarMLS | MLS#: 7077522

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