DNR to auction 3.5 acres of land on Loon Lake
The Minnesota Department of Natural Resources (DNR) will offer for sale more than 20 parcels of state lands at two public auctions to be held July 23-24, including one parcel in Cook County.
The majority of the parcels are school trust lands, some of which are lakeshore lots. The Cook County parcel up for auction is 3.5 acres on Loon Lake.
“We anticipate strong interest in this sale which includes platted lakeshore lots in northeastern Minnesota,” said Susan Damon, DNR’s lands transactions manager. These are the remaining lakeshore parcels that were not offered for sale in the 1990s during the lakeshore lease lot sale when school trust lots were sold to longtime leaseholders.
“The DNR manages school trust lands for the citizens of Minnesota,” said DNR Commissioner Tom Landwehr. “The sale of school trust lands is one way the DNR helps generate income for the Permanent School Trust Fund. Interest and dividends from the Fund are distributed twice a year to all public school districts in Minnesota.”
Auction dates and locations include 10 a.m. July 23 at the DNR’s Northeast Region office in Grand Rapids for parcels located in Itasca County; 10 a.m. July 24 at the Lake County Law Enforcement Center in Two Harbors for lands located in Cook, Lake, Pine, and St. Louis counties; and 10 a.m. July 30 at the DNR Central office in St. Paul for any remaining unsold parcels.
Interested parties are encouraged to review the terms and conditions of sale prior to attending the auctions. Property data sheets are posted on the DNR’s land sale website at www.mndnr.gov/landsale. The property data sheets will provide the sale price, legal and site descriptions, acreage and zoning information for each of the parcels.