Why Live in Park Point
Park Point in Duluth is a unique neighborhood connected to the mainland by the historic Aerial Lift Bridge, offering residents a serene island lifestyle with stunning views of Lake Superior. The neighborhood features a mix of bungalows, cottages, and custom-built beach houses, many with decks and porches that provide direct access to the beach. Public beaches and parks, such as Lafayette Square and Park Point Beach and Beach House, offer amenities like playgrounds, sports fields, and community centers. The area is known for its outdoor activities, including hiking, bird-watching, and sightseeing, with the Minnesota Point Lighthouse trail being a popular, easy hike. While there are no restaurants within Park Point itself, a short trip across the bridge leads to dining options like Lake Avenue Restaurant & Bar and Grandma’s Saloon & Grill. The Sand Point Yacht Club and Dock 5 art gallery add to the local attractions. The neighborhood is served by the Duluth Public School District, with schools rated highly by Niche. Public transportation is available through the Duluth Transit Authority, with several bus stops throughout Park Point. The Aerial Lift Bridge, which opens on request for boat traffic, ensures that residents are not delayed for long periods. Despite its limited retail and dining options, Park Point's proximity to downtown Duluth and Superior, Wisconsin, provides ample opportunities for shopping and dining, making it a well-rounded community with plenty of things to do.
Frequently Asked Questions
Is Park Point a good place to live?
Park Point is a good place to live. Park Point is considered very car-dependent and somewhat bikeable. Park Point has 4 parks for recreational activities. It is sparse in population with 1.9 people per acre and a median age of 61. The average household income is $113,965 which is above the national average. College graduates make up 57.4% of residents. A majority of residents in Park Point are home owners, with 46.3% of residents renting and 53.7% of residents owning their home. A
local real estate agent serving Park Point can help you decide if this neighborhood is the right one for you. Learn more on our
Park Point neighborhood guide.
How much do you need to make to afford a house in Park Point?
The median home price in Park Point is $320,000. If you put a 20% down payment of $64,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,660 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $71K a year to afford the median home price in Park Point. The average household income in Park Point is $114K.
What are the best public schools in Park Point?
The best public schools that serve Park Point are:
What are the best private schools in Park Point?
The best private schools that serve Park Point are:
- Marshall School has an A Niche grade, a student teacher ratio of 10:1 and an average review score of 4.0.
What are the most popular zip codes in Park Point, Duluth, MN?
What are the most popular neighborhoods near Park Point, Duluth, MN?
Are home prices dropping in Park Point?
Yes, home prices in Park Point are down 41% in the last 12 months.
Home Trends in Park Point, MN
On average, homes in Park Point, Duluth sell after 26 days on the market compared to the national average of 70 days. The median sale price for homes in Park Point, Duluth over the last 12 months is $275,900, down 71% from the median home sale price over the previous 12 months.
Median Sale Price
$275,900
Median Single Family Sale Price
$289,900
Median 2 Bedroom Sale Price
$685,000
Average Price Per Sq Ft
$329
Number of Homes for Sale
2
Last 12 months Home Sales
14
Median List Price
$320,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-71%