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Land with Home for Sale in Mountain Iron, Minnesota

4979 Highway 7, Mountain Iron, MN 55768

$389,999
7 acres
Active sale
$10k drop
Est $2,207/mo

Welcome to 4979 Highway 7 in Mountain Iron - a well-maintained 4-bedroom, 2-bath home set on approximately 7 acres across two parcels. This property offers the space, storage, and updates buyers are looking for, with a peaceful country setting just minutes from town. Inside, you'll find a comfortable and functional layout with room to spread out, including a finished lower level that has been redone for added living space. Major updates have already been taken care of, including new steel siding, roof, gutters, soffit, fascia, windows, sliding back door, deck with steel supports, insulated garage doors, updated lighting, newer furnace and A/C, and a newer compliant 4-bedroom septic system. Outside, the property features multiple garage spaces, including an attached garage and a Morton building with updated roofing and insulation, offering excellent storage for vehicles, equipment, tools, or recreational gear. With acreage, updates, and convenient access to Mountain Iron, Virginia, and surrounding Iron Range amenities, this property is a rare opportunity to enjoy space, privacy, and practical updates all in one. Welcome Home!

1,835
Sq feet
4
Beds
1
Full bath
1
3/4 bath
1978
Built

Location

Street address
4979 Highway 7
Zip code
55768
Community
Mountain Iron Lands in The City
School district
Mountain Iron-Buhl
Elevation
1,411 feet
Coordinates
47.4811, -92.5986

Property details

Acreage
7.05 acres
Zoning
Residential-Single Family
MLS #
RMLS 7095475
Posted

Property taxes

2026
$2,572

Parcels

  • 175007103795

Details and features

Listing

Type
Residential
Franchise
Keller Williams Realty

Lot

Features
Tree Coverage-Medium

Exterior

Parking
Driveway, Garage, Garage-Attached
Features
Steel Siding

Structure

Water
Well
Heating
Forced Air
Cooling
Central Air
Roof
Shingle

Interior

Rooms
Basement, Bathroom x 2, Bedroom x 4
Fireplaces
Yes
Appliances
Dishwasher

Listing history

DateEventPriceChangeSource
July 21, 2026Price drop$389,999$10,000 -2.5%RMLS
July 6, 2026New listing$399,999RMLS
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This 7.05-acre property is located at 4979 Highway 7 in Mountain Iron, MN 55768. The property is available for sale, priced at $389,999. It has a 1,835 square foot 4-bedroom, 2-bath house built in 1978.

Listed by Keller Williams Select Realty, (952) 431-5100

Checked 1 hour agoUpdated Source

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