For Sale: Pengilly MLS# 6826815
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Property Description
Stunning & Exclusive Northern Minnesota Lakeshore Property with Dream Build Potential
Comfortably nestled between Grand Rapids and Hibbing, Minnesota, right in the middle of the legendary Iron Range, the Itasca 50.2 offers more than just a dream-home build site. The property is a fully exclusive peninsula on the 328-acre Hart Lake, just south of Pengilly, Minnesota. The visionary builder will find countless spectacular build locations to establish a dream lake house overlooking the gorgeous Hart Lake.
The property features two established and fully manicured campsites, with room for full-size campers or wheelhouses, two docks and room to grow—turn-key ready to enjoy. The existing camper can be left if desired. There is also a small cabin offering a comfortable overlook into a scenic Hart Lake bay, with full privacy in nearly every direction.
With utilities available at the road, a 1/4-mile easement provides access to quality high-ground prime for dream lake-home development. The easement road is fully established offering firm foundation for gravel or eventual asphalt paving. The vast majority of the peninsula has been intensely managed to keep the understory at bay, allowing a wood, golf-course-like feel. It’s ready to build!
The 50-acre peninsula, shaded by a number of towering and majestic white pines, is less than a mile from the Hart Lake public boat launch, and adjacent to thousands and thousands of acres of state land offering tremendous hunting opportunity. Whitetail deer, wild turkeys, grouse, black bears and more are immediately available only expanding the outdoor lifestyle and desirability of this amazing location. This property offers the very best views available in Itasca County—don’t miss out on this incredible opportunity!
- 50.2 +/- acres
- Over 4, 200 feet of lakeshore frontage on Hart Lake
- 2 established and manicured campsites
- Numbers of glorious lake-home build sites
- 2 Docks
- Established trails throughout
- Immediate access to thousands of acres of prime state land
- Utilities available at North Hart Lake Road
- 1/4-mile legally established and permanent easement/road
- Deer, turkey and grouse hunting available
- Hart Lake offers abundant crappies, largemouth bass, walleye and northern pike fishing
- 6 miles south of Pengilly, 22 miles west of Hibbing and 24 miles east of Grand Rapids
Listing
Listing Status:
Active
Contingency:
None
List Price:
$790,000
Property Type:
Lot/Land
City:
Pengilly
County:
Itasca
State:
MN
Property Style:
Lot/Land
Zip Code:
55775
Exterior
Fencing:
None
Out Buildings:
Lean-To, Screenhouse
Road Responsibility:
Private Maintained Road
Road Frontage:
Private Road
Lake & Waterfront
Waterfront View:
Bay, Panoramic
WF Frontage:
4200
Elev Highpt to WF feet:
10-15
Waterfront:
Lake Front
Lake Bottom:
Excellent Sand
Lot & Land
Acres:
50.2
Geolocation:
47.2602257018, -93.1433697106
Inclusions:
Abstract, Deck, Dock, Easements, Survey
Lot Dimensions:
Irregular
Wooded Acres:
50
Addl Parcels:
141093100
Restrictions:
Open
Zoning:
Shoreline
Lot Description:
- Accessible Shoreline
- Irregular Lot
- Tree Coverage - Medium
Farm
Crop Type:
None
Topography:
High Ground, Wooded
Schools
School District:
1412
District Phone:
2182477306
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,798
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
None
Association Fee Required:
No
Association Fee:
None
Taxable Acres:
50.2
Miscellaneous
Development Status:
Raw Land
Improvements:
None
Available Utilities:
- Electricity Available
- None Connected
- Private Well Available
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Midwest Land Group LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.