4822 E Tri Lakes Rd Superior, MN 54880
Estimated payment $5,843/month
Highlights
- Private Waterfront
- Multiple Garages
- Deck
- Docks
- Lake View
- Contemporary Architecture
About This Home
Positioned on nearly 5 private acres with 156 feet of sandy shoreline on Dowling Lake, this custom-built 5-bedroom, 3-bath lodge offers an exceptional investment opportunity. Boasting over 3,600 finished square feet and a layout designed to host large groups, the property has a strong track record as a short-term rental, consistently grossing over $130,000+ annually. The main level features an open-concept floor plan with vaulted ceilings and a stunning lake-view living room centered around a reclaimed brick wood-burning fireplace. A spacious chef’s kitchen with handcrafted cabinetry and a commercial-grade stove flows into a formal dining area with direct access to the wraparound porch. Upstairs, the five bedrooms include a luxurious primary suite with a jacuzzi tub, walk-in closet, and an adjoining nursery or dressing room. The home also includes a main-level den (or sixth sleeping area), laundry, and a half bath. Two detached garages offer added functionality—one is fully insulated and heated (currently used as a game room), while the other includes an oversized footprint with an unfinished loft, ideal for future expansion. Located just 30 minutes from Duluth and under 15 minutes from Superior, this lakeside lodge blends rustic elegance, privacy, and dependable cash flow. With 20% down on a 30-year fixed mortgage, investors can expect to net $30,000 to $40,000 annually, depending on management structure and occupancy—making this a turn-key addition to any vacation rental portfolio.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,997
Year Built
- Built in 1999
Lot Details
- 4.9 Acre Lot
- Private Waterfront
- 156 Feet of Waterfront
- Lake Front
Home Design
- Contemporary Architecture
- Post and Beam
- Slab Foundation
- Poured Concrete
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 3,650 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Entryway
- Living Room
- Formal Dining Room
- Den
- Wood Flooring
- Lake Views
- Kitchen Island
- Attic
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Bathroom on Main Level
Laundry
- Laundry Room
- Laundry on main level
Parking
- 4 Car Detached Garage
- Multiple Garages
- Heated Garage
- Insulated Garage
- Off-Street Parking
Outdoor Features
- Docks
- Deck
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- Private Water Source
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number OA-022-01011-00,OA-022-01009-00
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $7,997 | $375,900 | $87,700 | $288,200 |
2023 | $6,258 | $375,900 | $87,700 | $288,200 |
2022 | $6,156 | $375,900 | $87,700 | $288,200 |
2021 | $6,856 | $375,900 | $87,700 | $288,200 |
2020 | $6,828 | $375,900 | $87,700 | $288,200 |
2019 | $6,424 | $375,900 | $87,700 | $288,200 |
2018 | $6,322 | $375,900 | $87,700 | $288,200 |
2017 | $6,617 | $375,900 | $87,700 | $288,200 |
2016 | $6,769 | $375,900 | $87,700 | $288,200 |
2015 | $200 | $288,200 | $87,700 | $288,200 |
2014 | $6,104 | $375,900 | $87,700 | $288,200 |
2013 | $7,730 | $375,900 | $87,700 | $288,200 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/02/2025 08/02/25 | Price Changed | $950,000 | -5.0% | $260 / Sq Ft |
06/24/2025 06/24/25 | For Sale | $1,000,000 | -- | $274 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $915,000 | North Shore Title/Sherri Nelso | |
Warranty Deed | $400,000 | -- |
Source: Lake Superior Area REALTORS®
MLS Number: 6120306
APN: OA-022-01011-00
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