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The number of Crane Lake sales were down in 2014. On the Range MLS we show two boat access cabin sales one selling at $135,000 and the other at $160,000. Both were nice cabins with septics that were compliant. A cabin in Crane Lake but not on the water sold for $68,000 in the fall.
The number of sales on Crane Lake was down from 2014. In 2014 there were 6 sales on the lake. 4 were boat access cabins ranging from a simple cabin priced at $110,000 to a cabin with over 25 acres priced at $362,000.
2012 brought 12 Crane Lake Sales one out of town that was just land to verbal cabins on the water.
The number of sales in 2011 were the most similar to the sales in 2014 with two sales on the water and two off the water.
2015 looks to be off to a good start with a pending sale on Crane Lake and several inquiries. At this time there are very few cabins or homes for sale on the lake. One cabin is a simple cabin with nearly 40 acres on the water. There is also a very nice home on the South side of Bear Island.
Many parcels are available in the Crane Lake shores development. Prices vary from just over $62,000 to the home priced at $359,000. The Crane Lake Shores property owners will have a dock slip and can hook up to city sewer. Roads are in and power is on the land. Contact a RE/MAX Lake Country agent and they can answer your questions. 218-757-3233 Office in Orr. If you would like an update of the real estate market in your area please contact an agent and we can send you an update.
Information is from the Range MLS.