5241 Rieder Memorial Dr, Silver Bay, MN 55614 (MLS # 6122974)
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Located just off the shore of Lake Superior on Minnesota's renowned North Shore, this 5-bedroom, 4-bath log home sits on 20 acres of fully wooded privacy with no neighbors in sight and offers multiple main-floor living spaces, vaulted ceilings, natural woodwork, timber construction, and two wood-burning fireplaces, plus a walkout lower level with additional living space. A major bonus is the 840 sq ft seasonal guest quarters above the detached 30x28 garage, featuring an open layout, its own wood-burning fireplace, and a 3/4 bath"”ideal for guests or studio use. The property also includes a sauna, covered porch, large deck areas, and level forested ground ideal for trails, recreation, and year-round outdoor use, all just minutes from Silver Bay, state parks, trail systems, and the outdoor amenities that define the North Shore.
| DAYS ON MARKET | 31 | LAST UPDATED | 12/5/2025 |
|---|---|---|---|
| YEAR BUILT | 1986 | COMMUNITY | LSAR |
| GARAGE SPACES | 2.0 | COUNTY | Lake County |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| PRICE HISTORY | |
| Prior to Dec 5, '25 | $525,000 |
|---|---|
| Dec 5, '25 - Today | $499,000 |
| ADDITIONAL DETAILS | |
| AREA | LSAR |
|---|---|
| BASEMENT | Finished, Full, Yes |
| CONSTRUCTION | Log |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Forced Air |
| INTERIOR | Master Downstairs |
| LOT | 20 acre(s) |
| LOT DIMENSIONS | 20 acres |
| PARKING | Detached |
| SEWER | Private Sewer |
| STORIES | 1 |
| STYLE | Log |
| TAXES | 3588 |
| WATER | Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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