26 Gibson Road, Silver Bay, MN 55614

New Listing
$125,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,536 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $125,000 List Date: 5/03/2026 Last Modified: 5/03/2026

Overview

Description

Welcome to this charming 2-bedroom, 2-bathroom home located in the picturesque town of Silver Bay, Minnesota. Nestled among the scenic beauty of the North Shore, this property offers a unique opportunity for those looking to invest in a home that needs a little TLC.As you step inside, you’ll find a layout that features a spacious living area and a cozy kitchen. The two bedrooms provide ample space for relaxation, while the bathroom offers the essentials. With some renovation and personal touches, this home has the potential to become a delightful retreat or a cozy year-round residence.The property boasts a generous yard, perfect for outdoor activities and gatherings with family and friends. Enjoy the peaceful surroundings and the fresh air that Silver Bay is known for, with easy access to stunning hiking trails, beautiful lakes, and the wonders of nature.While this home needs some work, it’s a blank canvas waiting for your creative vision. Whether you’re an experienced renovator or looking to dip your toes into property improvement, this is an excellent opportunity to create your dream home in a desirable location.Don’t miss your chance to own this wonderful property in Silver Bay—schedule a viewing today and envision the possibilities!

Listing Details MLS# 7066615

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Waterfront Present
No
Year Built
1954
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
Yes
Main Floor Total SqFt
768
Above Grd Total SqFt
768
Below Grd Total SqFt
768
Total SqFt
1536
Total Finished Sqft
1143.00
FireplaceYN
Yes
Style
(SF) Single Family
Foundation Size
768
Garage Stalls
Yes
Lot Dimensions
115  X 71
Acres
0.17
Assessment Pending
No
Bath Half
0
Bath Quarter
0
Association Fee
0

Property Features

Accessible: Other Air Conditioning: None Appliances: Dishwasher; Dryer; Range Assumable Loan: Not Assumable Basement: Full Bath Description: Main Floor Full Bath Construction Materials: Block; Frame Construction Status: Previously Owned Dining Room Description: Breakfast Area; Eat In Kitchen Electric: Circuit Breakers Existing Financing: Conventional Exterior: Vinyl Family Room Characteristics: Family Room; Lower Level; Main Level Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: Lower Level Lock Box Type: Combo Road Frontage: City Street Roof: Asphalt Shingles Sellers Terms: Cash; Conventional; Conventional Rehab; Other Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
125000
ListPrice
125000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
26
Street Name
Gibson
Street Suffix
Road
Postal City
Silver Bay
County
Lake
State
MN
Zip Code
55614

Assessments

Tax With Assessments
1042
Assessment Balance
0

Building Information

Finished SqFt Above Ground
768
Finished SqFt Below Ground
375

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
20

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 11 BLOCK 13
Listing City
Silver Bay
Map Page
999
Municipality
Silver Bay
School District
Lake Superior
School District Phone
218-834-8216
Zip Plus 4
1541
Property ID Number
22746013110
Tax Year
2025
Tax Amount
1018
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Welcome to this charming 2-bedroom, 2-bathroom home located in the picturesque town of Silver Bay, Minnesota. Nestled among the scenic beauty of the North Shore, this property offers a unique opportunity for those looking to invest in a home that needs a little TLC.As you step inside, you’ll find a layout that features a spacious living area and a cozy kitchen. The two bedrooms provide ample space for relaxation, while the bathroom offers the essentials. With some renovation and personal touches, this home has the potential to become a delightful retreat or a cozy year-round residence.The property boasts a generous yard, perfect for outdoor activities and gatherings with family and friends. Enjoy the peaceful surroundings and the fresh air that Silver Bay is known for, with easy access to stunning hiking trails, beautiful lakes, and the wonders of nature.While this home needs some work, it’s a blank canvas waiting for your creative vision. Whether you’re an experienced renovator or looking to dip your toes into property improvement, this is an excellent opportunity to create your dream home in a desirable location.Don’t miss your chance to own this wonderful property in Silver Bay—schedule a viewing today and envision the possibilities!
Directions
north

Accessible

Other
Yes

Air Conditioning

None
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Range
Yes

Assumable Loan

Not Assumable
Yes

Basement

Full
Yes

Bath Description

Main Floor Full Bath
Yes

Construction Materials

Block
Yes
Frame
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Breakfast Area
Yes
Eat In Kitchen
Yes

Electric

Circuit Breakers
Yes

Existing Financing

Conventional
Yes

Exterior

Vinyl
Yes

Family Room Characteristics

Family Room
Yes
Lower Level
Yes
Main Level
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Laundry

Lower Level
Yes

Lock Box Type

Combo
Yes

Road Frontage

City Street
Yes

Roof

Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
Conventional Rehab
Yes
Other
Yes

Sewer

City Sewer/Connected
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

Room Information

First (1st) Bedroom Dimensions: 15x11 Level: Main Kitchen Dimensions: 14x11 Level: Main Living Room Dimensions: 17x12 Level: Main Living Room Dimensions: 31x12 Level: Lower Second (2nd) Bedroom Dimensions: 11x11 Level: Main
Listing Office: Mitchell Realty LLC
IDX
Last Updated: May - 03 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.