This one acre lot is improved with a 25x30 Quonset style building fully insulated and built just 3 years ago. Currently used as a garage and sleeping cabin. Electric power is installed. Newly installed gravel driveway is ready for your RV or camper, and use the garage for a party room. Store your boat inside with the overhead garage door. Make plans to build your future cabin or use as a camp site. Just 1 mile down the road is your private covered boat slip on Leech Lake in Isle Harbor. Keep your boat in the protected harbor and covered boat slip #108. Electricity is available at the docks to charge your boat batteries. Association fees are $240.00 per year. Isle Harbor also has a deep water boat ramp, beach and small playground. Leech Lake has fantastic fishing for Walleye, Muskie, and Crappies. This part of Minnesota is excellent hunting for Deer and Grouse with 1,000s of public lands. The area has miles of ATV and snowmobile trails.
The median home value in Federal Dam, MN is $275,000. This is higher than the county median home value of $166,900. The national median home value is $219,700. The average price of homes sold in Federal Dam, MN is $275,000. Approximately 27.07% of Federal Dam homes are owned, compared to 3.01% rented, while 69.93% are vacant. Federal Dam real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Federal Dam real estate agent to arrange a tour today!
Federal Dam, Minnesota has a population of 91. Federal Dam is less family-centric than the surrounding county with 20% of the households containing married families with children. The county average for households married with children is 21.42%.
The median household income in Federal Dam, Minnesota is $46,250. The median household income for the surrounding county is $50,162 compared to the national median of $57,652. The median age of people living in Federal Dam is 58.5 years.
The average high temperature in July is 79.4 degrees, with an average low temperature in January of -1.8 degrees. The average rainfall is approximately 27.3 inches per year, with 42.1 inches of snow per year.