7143 Highway 1

Finland, MN
$ 590,000 Beds 4 Baths 1 Sq 1,568
Monthly Estimate* How much can I afford?

Discover your Northwoods retreat nestled in the heart of Finland, Minnesota. This spacious 4-bedroom, 1-bath single-family home blends rustic character with modern conveniences, all set amidst natural surroundings. Whether you’re searching for a full-time residence or a peaceful getaway, this property offers space, privacy, and endless possibilities. Step inside to an inviting open-concept main floor where the kitchen, dining area, and living room flow seamlessly—perfect for gatherings with family and friends. The main level features the primary bedroom and a generously sized hallway with floor-to-ceiling storage. Hardwood floors lie beneath some of the carpeting, ready to be uncovered and restored. The living room is filled with natural light from large windows that frame tranquil views of the landscape. Several windows have been updated with vinyl for improved energy efficiency while preserving the home’s original charm. A small office area provides a quiet, dedicated space for remote work or study. Upstairs, you’ll find three additional bedrooms—affectionately named the Antique Room, Sunflower Room, and Bear Room—along with another wide hallway complete with built-in storage. The unfinished walk-out basement adds convenient access for storage and future potential. Set on an impressive 17.6 acres with approximately 1,600 feet of frontage on the Baptism River, this property offers a rare connection to nature. Spend hot summer days cooling off in the river, or unwind along the shoreline while enjoying the soothing sounds of flowing water. Adding even more value and flexibility is a separate building site that once housed four small hotel units. Already equipped with an artesian well, septic system, electricity, and phone service, this area is ready for your vision—whether that’s glamping cabins, rental units, or a creative retreat space. Outdoor enthusiasts will appreciate the 30x48 Miracle Truss pole building, ideal for storing vehicles, equipment, and recreational toys. With nearby snowmobile and ATV trails, plus easy access to hiking and biking, this area is an adventurer’s dream. Enjoy day trips to Ely, the Boundary Waters Canoe Area Wilderness, and Lake Superior—all within reach. This unique Finland property offers privacy, riverfront living, and unmatched versatility. Rarely does a home combine this much land, water frontage, and opportunity in one package. Schedule your showing today and experience the potential of this remarkable North Shore retreat.

Single Family

  • Price
  • $ 590,000
  • City
  • Finland
  • Bedrooms
  • 4
  • Full Bathrooms
  • 1
  • County
  • LAKE
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 17.6 Acres
  • Zip
  • 55603
  • Sqr Footage
  • 1,568
  • Year Built
  • 1960
  • Taxes
  • $ 1170
  • Style
  • Single Family
  • MLS#
  • 7067035
Listed By: Edina Realty, Inc. - Duluth
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1568
Sewer Mound Septic,Private Sewer
Heating Forced Air
Cooling None
Garage Spaces 3
Construction Materials Frame
Year Built 1960
Levels One and One Half
Property Subtype Single Family
Tax Year 2026
Waterfront Features River Front
Accessibility None
County Lake
New Construction No
Property Type Residential
HOA No
Contingency None
Other Structures Pole Building,Sauna
Full Baths 1
Directions North on Hwy 61 to Hwy 1 for 9.1 miles
City Finland
High School District Lake Superior
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 1170
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
PostalCity Finland

Interior Features

Basement Block,Full,Unfinished,Walkout
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1568
Total Bedrooms 4
Total Baths 1
Bath Desc Main Floor Full Bath
Dining Room Description Informal Dining Room,Kitchen/Dining Room
Foundation Dimensions 28x28
Fuel Natural Gas
Garage Dimensions 30x48
Garage Square Feet 1440
Waterfront Feet 1600

Exterior Features

Parking Features Detached Garage,Gravel,Multiple Garages,Other
Lot Features Tree Coverage - Heavy,Tree Coverage - Medium
Water Source Artesian,Drilled,Private,Sand Point
Lot Size Area 17.6
Building Area Total 1568
Lot Dimensions IRREG.
Waterfront Y/N Yes
Foundation Area 1568
Road Frontage Type County Road,Paved Streets,Highway
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

Affordability Calculator

$3,786

Per Month

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

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

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

5/4/2026 Listed $590,000

Property vs Zip Code Average in 55603

Price
AVG $460K
$590K
Taxes
AVG $2,180
$1,170
Year Built
AVG 1993
1960
Visits
AVG 10
37
Data Provided by Inside Real Estate®

Areas That We Cover

7143 Highway 1 Finland, MN is a Single Family Home for sale at $590000 with 1568 sqft and a lot size of 17.6 Acres Acre(s). 7143 Highway 1 Finland has 4 bedrooms, 1 baths and was built in 1960. The property's zip code is 55603 which is in Finland, 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.