Waterfront
Address
5000 Lakeshore Dr, Makinen, MN
Price
$ 749,000
Property Attributes
  • ID#6124025
  • TypeSingle Family
  • Listing Status ACTIVE
  • CountySAINT LOUIS
  • CityMakinen
  • AreaLSAR
  • Zip55763
  • StyleTraditional
  • Year Built1926
  • Taxes$ 1589
  • Price$ 749,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage775
  • Lot Size2.5 Acres
Data Source:
Lake Superior Area of REALTORS® (LSAR)
Property Description

Rare Lakefront Opportunity on Whiteface Reservoir — First Time Ever Offered to the Public and the Seller is MOTIVATED. Discover one of the most extraordinary lakefront properties in Northern Minnesota, now available for the very first time. Nestled on a private peninsula along the pristine shores of Whiteface Reservoir, this remarkable 2.5+ acre estate offers over 1,200 feet of coveted lakeshore — a figure that speaks for itself. With a sandy beach, a private boat launch, and sweeping water views from nearly every direction, this peninsula setting is truly unmatched. The property includes a cozy one-bedroom, two-bath home, perfect as a primary residence, cabin retreat, or guest quarters. It also features a large, heated garage with a studio space and an upper-level office — both easily convertible into additional living space to suit your vision. Step outside to your private outdoor sauna and shower, where the boundary between rustic luxury and natural beauty simply dissolves. With a rich history as a former campground, the land is well-suited for continued recreational use, a family compound, or thoughtful redevelopment. A 40 x77 prepped and seasoned building pad is ready for your dream build, and a brand new well and septic system mean the infrastructure is in place and waiting. Whether you envision a private family retreat, a luxury lodge, or a one-of-a-kind investment property, the bones are already here. Properties like this don't come along. Ever. Call to schedule a tour!

Price History
3/13/2026 Listed $949,000
3/21/2026 6$899,900
4/9/2026 3$874,900
4/22/2026 3$849,900
5/15/2026 2$834,900
6/11/2026 8$775,000
6/28/2026 4$749,000

General Features

Sewer Mound Septic
Heating Fireplace(s),Wood,Electric
Cooling None
Possession Close Escrow
Roof Asphalt Shingle
Appliances Dishwasher,Dryer,Range,Refrigerator,Washer
Development Status Previously Owned
Garage Spaces 2
Architectural Style Traditional
Construction Materials Other
Year Built 1926
View Inland Lake
Property Subtype Single Family Detached
Tax Year 2026
Parcel Number 300-60000-55800
Waterfront Features Inland Lake
County St. Louis County
Property Type Residential
HOA No
Other Structures Sauna
Status ACTIVE
Directions From Biwabik follow Vermilion Trail (Hwy 4) to Lakeshore Dr (CR 634) follow to the end.
City Makinen
Body of Water Whiteface Reservoir
High School District Mesabi E. #2711
MLS Area LSAR
Tax Annual Amount 1589
Standard Status Active
Occupancy Type Owner
Legal Description COLVIN COVE Lot 2,Block 4
AttributionContact ***

Interior Features

Interior Amenities Sauna,Walk-In Closet(s),Patio Door,Main Floor Laundry,Dryer Hook-Ups,Washer Hookup
Basement None
Total Fireplaces 2
Fireplace Features Multiple
Total Stories 1
Fireplace Y/N Yes
Above Grade Finished Area 775
Half Baths 1
3/4 Baths 1
Total Bedrooms 1
Total Baths 2

Exterior Features

Exterior Amenities Deck
Parking Features Gravel
Lot Features Irregular Lot,Tree Coverage - Medium,High,Level,Island/Peninsula
Water Source Drilled
Foundation Details N/A
Lot Dimensions 240x500
Lot Size Acres 2.5
Waterfront Y/N Yes
Road Frontage Type County Road
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 55763

Price
AVG $440K
$750K
Taxes
AVG $1,246
$1,589
Year Built
AVG 1981
1926
Visits
AVG 9
45
Data Provided by Inside Real Estate®

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