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We are the nation’s largest Lake-focused real estate company. Lake is a technology-enabled, full-service real estate brokerage employing the country’s most experienced team of Lake real estate experts. We operate in multiple states and are powered by our unique real estate resources and listings here at LakeHomes.com. Whatever category you may fall into, the time for purchasing a Minnesota lakeshore property is now. If recent trends and future speculation hold true, purchasing that weekend get away today will help secure your financial future and in the meantime, help create family memories for years to come.
These maps can also be accessed online at the DNR website and be sure to checkout the LakePlace.com Lake Finder for more information. The prevalence of these bodies of water is so great that their tourism board has long heralded Minnesota as the "Land of 10,000 lakes". At last count, over 11,842 Minnesota lakes greater than 10 acres in size exist in MN. Much of Minnesota's historical industries - from lumber to milling - are attributed to their vast hydrological resources.
Gilbert Lake
Both lakes are naturally formed glacial lakes known for excellent free fishing for residents of the state. Minnesota is known to be the "Land of 10,000 Lakes", however there are actually about 11,842 lakes in the state. In fact, cartographers have identified 28,176 different lakes, ponds and wetlands in the entire state, however 6,572 are so small they don't have recorded names. Known for it's black crappie population, the lake received a grant to build underwater log cribs that increase the health of the lake. Surrounded predominantly by the Red Lake Band of the Chippewa Indians, this massive lake only has a small portion of shoreline available for commercial development. Lake Superior is the largest freshwater lake by surface area in the world.
I have had many conversations with LakePlace.com members in all three categories. Many people simply want a place to get away with their family and do not want the hassle of obtaining renters, getting the property "renter ready," and managing the property. These are still the majority of cabin owners, and will most likely remain the majority. Not much of a hassle, yet making a few bucks to help the cause. The final group of owners uses Minnesota lakeshore property for investment purposes. Many started out renting their cabin to offset the taxes and mortgage.
Moose Horn River
Minnesota is a diverse state, with Boreal forest in the far north, sweeping plains in the east and central regions, and rocky landscape in the southwest. Below are just a few of the many lakefront options available to those who are ready to tap in to the natural beauty of Minnesota. Find a Lake Realtor, Agent, Broker or Realty within our listings to help you locate the perfect recreational property. If you are a Realtor, Agent or Broker, Lakehouse is the perfect place to advertise your client's water front properties because we can connect you with millions of buyers that visit our website.
While “Up North” is a commonly-used term, there are also lake homes for sale across MN, including in the city and western suburbs and in southern communities. If you love the idea of zipping up and down one long body of water, you may want to consider riverfront homes in MN. All counted, whoever coined the term actually underestimated the number of lakes in the northern state by a good bit. There are just shy of 12,000 lakes in the great state of Minnesota, to go along with its 34,000+ miles of rivers and streams.
Kane Lake
Many current Minnesota lakeshore property owners have come to the realization that there is money to be made from their cabin. Most owners do not use their cabin every weekend, and some have decided to rent it out when they are not using the space themselves. In the first scenario, the owner does not have to pay taxes on the profit, as the government does not tax the first two weeks rental on any second home.
Some lakes, such as Lake Minnetonka and Albert Lea Lake, even offer steamboat cruises and paddlewheel cruise excursions. Two of the most popular lakeside recreations are relaxing and swimming at one of the many lake beaches Minnesota has to offer. One of the largest beaches is on Minnesota's largest lake, Lake Superior. Other well known lake beaches perfect for soaking up the sun or taking a refreshing dip are Lake Calhoun and Lake Harriet, both which are located in the heart of Minneapolis.
My family, friends and I made numerous treks to the river for swimming, tubing, fishing or just plain exploring. Whether it be slowly floating down the river on a tube or learning about the abundance of wildlife in the area, the love of the water is instilled in most any northern raised boy. Covering over 63 square miles, Lake Vermilion is the fifth largest lake in Minnesota. The local Ojibwa Indians once referred to it as "Lake of the Sunset Glow" for its inherent beauty. The lake contains over 300 islands and provide 1,200 miles of shorelines for quiet fishing adventures and other outdoor activities. Lake property on this naturally occurring lake can easily list for a million dollars and more, but some cabins list for as low as $300,000.
Minnesota lake property prices can vary greatly depending on many factors. Location, lake size, frontage type, lot size and many other pieces come into play when valuing lakeshore properties. The LakePlace.com Top Ten list includes the most expensive lake homes, lake lots and cities in Minnesota as well as a snap shot of today's lake property market. Please note that all prices shown are list prices, not actual sales prices.
Take advantage of available lakeshore while prices are still "reasonable" and find your piece of heaven now. Individual counties can also maintain their own lake property development guidelines. A visit to the county zoning office will provide invaluable information when purchasing lake property.
They had such success; they in turn purchased a second lakeshore property and then a third and so on. Depending on your situation, cabin ownership can be a lucrative second business or primary business for that matter. Raised in the Iron Range town of Eveleth, Minnesota, I have come to love what the beautiful lakes and rivers of Northern Minnesota have to offer.
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