5559 Olson Rd, Silver Bay, MN 55614
OFF MARKET

$309,300

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,192 sqft (on 20 acres)

5559 Olson Rd, Silver Bay, MN 55614

Est. Refi. Payment $1,921/mo*
Refinance Your Home

Home Value

Trulia Estimate
$309K
Since last month
$100 (0%)
Since last year
Increased$7K (+2.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +74% in the last 10 years
MonthEstimated value
2026
September 2026$319K
August 2026$309K
July 2026$319K
June 2026$324K
May 2026$319K
April 2026$312K
March 2026$319K
February 2026$312K
January 2026$304K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5457 Highway 61, Silver Bay, MN
0.72
Single-Family Home
$361,000
10/24/25
3
2
1,983
5725 Illgen Pnes, Silver Bay, MN
1.63
Single-Family Home
$750,000
10/21/25
2
1
1,115
5241 Rieder Memorial Dr, Silver Bay, MN
1.39
Single-Family Home
$440,000
03/31/26
5
4
3,439
5725 Illgen Pines Rd, Silver Bay, MN
1.64
Single-Family Home
$750,000
11/21/25
1
1
1,115
36 Aiken Cr, Silver Bay, MN
2.84
Single-Family Home
$130,000
04/16/26
2
1
864
36 Arthur Cr, Silver Bay, MN
2.61
Single-Family Home
$297,900
09/22/25
3
1.5
1,974
5412 Vista Ln, Silver Bay, MN
3.09
Single-Family Home
$232,000
12/12/25
2
1
884
23 Bell Cr, Silver Bay, MN
2.99
Single-Family Home
$138,000
06/30/26
2
1
780
11 Aiken Cr, Silver Bay, MN
2.96
Single-Family Home
$124,000
12/05/25
3
1
932
31 Bell Cr, Silver Bay, MN
3.02
Single-Family Home
$120,000
12/03/25
2
1
725

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
XX Palisade Heights Tr, Silver Bay, MN 55614
0.25
-
-
-
-
Off Market
5537 Edwardson Rd, Silver Bay, MN 55614
0.31
-
Studio
-
2,448
Off Market
5433 Edwardson Rd, Silver Bay, MN 55614
0.45
$224,900
3
1
-
For Sale
5539 Midbrod Drive, Silver Bay, MN 55614
0.59
$166,200
1
1
1,032
Off Market
5456 Hwy 61 E, Silver Bay, MN 55614
0.72
-
-
-
-
Off Market
5457 Highway 61, Silver Bay, MN 55614
0.72
$351,800
3
2
1,983
Off Market
XX Highway 61, Silver Bay, MN 55614
0.80
-
-
-
-
Off Market
XX Palisade Heights Tr, Silver Bay, MN 55614
0.84
$165,000
-
-
-
Recently Sold
576X HWY. 61, Silver Bay, MN 55614
0.98
-
-
-
-
Off Market
Aspen Ln, Silver Bay, MN 55614
1.12
$180,000
-
-
-
For Sale
5367 Williams Dr, Silver Bay, MN 55614
1.37
$1,196,300
2
3.5
3,212
Off Market
5241 Rieder Memorial Dr, Silver Bay, MN 55614
1.39
$440,000
5
4
3,439
Recently Sold

Local Information

  • Map ViewExplore the area around 5559 Olson Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1961
20 acre lot
1,192 sqft
$259/sqft
Garage

About this House

This single-family home is located at 5559 Olson Rd, Silver Bay, MN. 5559 Olson Rd is in Silver Bay, MN and in ZIP code 55614. This property has 2 bedrooms, 1 bathroom and approximately 1,192 sqft of floor space. This property has a lot size of 20.00 acres and was built in 1961.
5559 Olson Rd, Silver Bay, MN 55614 is a 2 bedroom, 1 bathroom, 1,192 sqft single-family home built in 1961. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $309,300, with a rent estimate of $1,649/month.

Home Details for 5559 Olson Rd

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Additional StorageStorage
Heating & Cooling
Air ConditioningCooling System: Central

Property Information

Year Built
Year Built: 1961
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Exterior Features

Exterior Home Features
DeckExterior: Other
Parking & Garage
GarageParking: Garage Attached

Community

Units in Building: 1

Lot Information

Lot Area: 20.00 acres

Building

Pool
Sauna

Price and Tax history

YearProperty taxTax assessment
2025
$1,190
$305,700
Home facts updated by county records

Market trends in Silver Bay

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
20
1MoM

Around this home

What Locals Say about Silver Bay

At least 4 Trulia users voted on each feature.

  • 100 % Say it's dog friendly

  • 100 % Say there are sidewalks

  • 100 % Say people would walk alone at night

  • 90 % Say there's holiday spirit

  • 90 % Say parking is easy

  • 86 % Say streets are well-lit

  • 83 % Say there's wildlife

  • 82 % Say kids play outside

  • 82 % Say yards are well-kept

  • 80 % Say car is needed

  • 77 % Say they plan to stay for at least 5 years

  • 75 % Say it's walkable to restaurants

  • 75 % Say it's walkable to grocery stores

  • 74 % Say neighbors are friendly

  • 57 % Say there are community events

  • 50 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Frequently asked questions about 5559 Olson Rd

  • What is 5559 Olson Rd estimated to be worth?
    Trulia's estimated value for 5559 Olson Rd in Silver Bay, MN is $309,300.
  • What are the closest schools to 5559 Olson Rd?
    The closest schools to 5559 Olson Rd in Silver Bay, MN are Kelley Secondary (Middle/High, rated 5/10), William Kelley Elementary School (Pre-K, rated 7/10).
  • Does 5559 Olson Rd have air conditioning?
    Yes, 5559 Olson Rd in Silver Bay, MN has air conditioning.
  • How big is the lot at 5559 Olson Rd?
    The lot at 5559 Olson Rd in Silver Bay, MN is about 20 acres.
  • Does 5559 Olson Rd have a garage?
    Yes, 5559 Olson Rd in Silver Bay, MN has a garage.

Apartments for Rent

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Off Market Homes Near 5559 Olson Rd

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Homes for sale near 5559 Olson Rd

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