Check out the 30 cheapest Minnesota lake homes for sale on the Minnesota Northstar MLS/IDX (Broker Reciprocity.) Availability and prices can change without notice, so if you are seeking certitude that these are the absolute cheapest in the entire state, you are not in luck.
The above list might not include lakeshore auction properties, which are posted with a price of $1.00, but of course they will cost you more than that. Also, there may be some manufactured homes and even some condos may have slipped into the list, which can’t be helped because the list is automatically updated before it can be edited. Also, no efforts were made to differentiate between habitable or non-habitable, seasonal or non-seasonal, and rustic or modern. Also, some of these might not qualify for FHA, VA, or conventional financing.
Some of the properties in this list may actually be on rivers or creeks as well. Also, no distinction is made between lakeshore homes on fully recreational or “environmental” lakes. The only criterion used is that the property have some sort of structure on some sort of body of water.
Market conditions are creating the best buyers market you may ever see for Minnesota lake properties, especially cheap Minnesota lake homes. The fact that this is offseason means that you can save some money if you don’t wait till next spring, when the prices traditionally go up due to increased demand.