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
Active
$790,000
26810 N Hart Lake Rd, Pengilly, MN 55775
--beds
--baths
50.2Acres
Unimproved Land
Built in ----
50.2 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 18 days |
- 210 |
- 13 |
Zillow last checked: 8 hours ago
Listing updated: December 13, 2025 at 06:43pm
Listed by:
Thomas Harrison Allen 218-833-9677,
Midwest Land Group LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6826815
Facts & features
Interior
Features
- Has basement: No
Property
Features
- Fencing: None
- Has view: Yes
- View description: Bay, Panoramic
- Has water view: Yes
- Water view: Bay
- Waterfront features: Lake Front, Waterfront Elevation(10-15), Lake Bottom(Excellent Sand)
- Frontage length: Water Frontage: 4200
Lot
- Size: 50.2 Acres
- Features: Accessible Shoreline, Irregular Lot
- Topography: High Ground,Wooded
Details
- Additional structures: Lean-To, Screenhouse
- Additional parcels included: 141093100
- Parcel number: 141092401
- Zoning description: Shoreline
- Wooded area: 2178000
Utilities & green energy
- Utilities for property: None Connected, Private Well Available
Community & HOA
Community
- Features: No
HOA
- Has HOA: No
Location
- Region: Pengilly
Financial & listing details
- Annual tax amount: $2,798
- Date on market: 12/13/2025
- Inclusions: Abstract, Deck, Dock, Easements, Survey
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/13/2025 | Listed for sale | $790,000-1.3% |
Source: | ||
| 11/19/2025 | Listing removed | $800,000 |
Source: | ||
| 6/19/2025 | Listed for sale | $800,000 |
Source: | ||
| 6/14/2025 | Listing removed | $800,000 |
Source: | ||
| 4/14/2025 | Price change | $800,000-7% |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 55775
Nearby schools
GreatSchools rating
- 3/10Keewatin Elementary SchoolGrades: PK-6Distance: 10.1 mi
- 6/10Nashwauk SecondaryGrades: 7-12Distance: 8.1 mi
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