118 E Lakeview Dr

Silver Bay, MN
$ 699,900 Beds 3 Baths 3 Sq 1,778 Virtual Tour
Monthly Estimate* How much can I afford?

Set along the shoreline of Lake Superior, Boathouse Bay is a thoughtfully planned lakefront development designed around the landscape and natural beauty of the North Shore. Expansive lake views, a quiet stretch of beach, and a modern, nature-driven aesthetic place each home in close connection with its surroundings. The Cedar Model offers 1,778 square feet, 3 bedrooms, 3 bathrooms, an attached lakeside deck and a detached single car garage. Interiors are designed by Winsome Home, with the opportunity to personalize select finishes and design details. Each villa can be completed in as little as five to six months, from pre-construction purchase to delivery. Whether enjoyed as a private retreat or paired with professional rental management, Boathouse Bay offers a simple way to own a place on Lake Superior. A limited release of pre-construction villas is currently offered at introductory pricing.

Single Family

  • Price
  • $ 699,900
  • City
  • Silver Bay
  • Bedrooms
  • 3
  • Full Bathrooms
  • 3
  • County
  • LAKE
  • Half Bathrooms
  • 0
  • Area
  • Boathouse Bay
  • Lot Size
  • 0.08 Acres
  • Zip
  • 55614
  • Sqr Footage
  • 1,778
  • Year Built
  • 2026
  • Style
  • Twin Home
  • MLS#
  • 7131096
Listed By: Solutions Real Estate LLC
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1778
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Metal
Appliances Air-To-Air Exchanger,Cooktop,Dishwasher,Dryer,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer
HOA Fee 575
Garage Spaces 1
Association Fee Includes Beach Access,Hazard Insurance,Lawn Care,Other,Maintenance Grounds,Parking,Professional Mgmt,Sanitation,Shared Amenities,Snow Removal
Year Built 2026
Electric 200+ Amp Service
View East,Lake,Panoramic
Levels Two
Property Subtype Twin Home
Tax Year 2026
Waterfront Features Association Access,Lake Front,Lake View,Shared
Accessibility None
Assoc Fee Paid Per Monthly
County Lake
New Construction No
Property Type Residential
Association Amenities Beach,Sauna,Trail(s)
HOA Yes
Contingency None
Full Baths 1
Directions Driving north on hwy 61 - at the stoplight at the intersection of County Rd 5 and Hwy 61,drive 1 mile further and turn right on E Lakeview Drive. Follow gravel road down to Lake Superior. Parking out
City Silver Bay
Association Name Community Association Group
High School District Lake Superior
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N Yes
Land Lease Y/N No
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Deck,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup
Community Name Boathouse Bay
PostalCity Silver Bay

Interior Features

Basement Crawl Space,Drain Tiled,Sump Pump
Total Fireplaces 1
Fireplace Features Gas,Living Room
Basement (Y/N) No
Fireplace Y/N Yes
Above Grade Finished Area 1778
3/4 Baths 2
Laundry Features Laundry Closet,Upper Level
Total Bedrooms 3
Total Baths 3
Bath Desc 3/4 Primary,Double Sink,Bathroom Ensuite,Main Floor 3/4 Bath,Upper Level Full Bath
Dining Room Description Informal Dining Room
Foundation Dimensions 15'9 x56'
Fuel Natural Gas
Garage Dimensions 12'x22'
Garage Door Width 7
Garage Square Feet 264

Exterior Features

Fencing None
Parking Features Assigned,Detached Garage,Gravel,Shared Driveway
Lot Features Accessible Shoreline,Cleared,Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.08
Building Area Total 1778
Lot Dimensions 159.97x21.74x159.97x22.56
Waterfront Y/N Yes
Foundation Area 882
Road Frontage Type Private Road,Unpaved Streets
Road Responsibility Association 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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/21/2026 Listed $699,900

Property vs Zip Code Average in 55614

Price
AVG $550K
$700K
Year Built
AVG 1982
2026
Visits
AVG 23
19
Data Provided by Inside Real Estate®

118 E Lakeview Dr Silver Bay, MN is a Single Family Home for sale at $699900 with 1778 sqft and a lot size of 0.08 Acres Acre(s). 118 E Lakeview Dr Silver Bay has 3 bedrooms, 3 baths and was built in 2026. The property's zip code is 55614 which is in Silver Bay, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.