5722 Homestead Rd Duluth, MN 55804
Estimated payment $4,686/month
Highlights
- Heated Floors
- Bonus Room
- Den
- Vaulted Ceiling
- No HOA
- Lower Floor Utility Room
About This Home
A rare North Shore opportunity — live, work, or invest at 5722 Homestead Rd! This beautifully crafted log building, set on 2.45 acres between Duluth and Two Harbors, offers both residential potential and business flexibility. Built in 1993 by Minde Log Construction using old-growth pine from McGregor, MN, the structure is a testament to craftsmanship and durability. Currently configured as a multi-tenant commercial property with 4 separate units, this property could be converted into a stunning single-family home or live/work setup after current leases end. Imagine rustic charm blended with modern amenities — geo-thermal in-slab heating, central A/C, a newer roof with seamless gutters, full sprinkler system, and wired security. The property may also be eligible for short-term rental use, adding to its versatility. Whether you envision a spacious homestead with room to grow, a peaceful retreat minutes from Lake Superior, or a smart investment in a high-traffic corridor, this property is your canvas. (additional land available) Nestled just off North Shore Scenic Drive and Hwy 61 — schedule your private showing today and explore the possibilities!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,168
Year Built
- Built in 1993
Lot Details
- 2.32 Acre Lot
- Property fronts a county road
Home Design
- Log Cabin
- Concrete Foundation
- Fire Rated Drywall
- Asphalt Shingled Roof
- Log Siding
Interior Spaces
- 1-Story Property
- Woodwork
- Vaulted Ceiling
- Den
- Bonus Room
- Lower Floor Utility Room
- Utility Room
- Center Hall
- Home Security System
Kitchen
- Range
- Microwave
Flooring
- Heated Floors
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Finished Basement Bathroom
Parking
- No Garage
- Gravel Driveway
- Off-Street Parking
Accessible Home Design
- Wheelchair Access
- Wheelchair Ramps
Outdoor Features
- Storage Shed
Utilities
- Central Air
- Hot Water Heating System
- Geothermal Heating and Cooling
- Boiler Heating System
- Heating System Uses Propane
- Private Water Source
- Drilled Well
- Fiber Optics Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 315-0010-00542
Map
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 | $13,994 | $563,200 | $59,900 | $503,300 |
| 2023 | $13,994 | $556,900 | $53,600 | $503,300 |
| 2022 | $13,936 | $231,600 | $38,800 | $192,800 |
| 2021 | $8,686 | $294,000 | $45,800 | $248,200 |
| 2020 | $9,154 | $294,000 | $45,800 | $248,200 |
| 2019 | $9,110 | $294,000 | $45,800 | $248,200 |
| 2018 | $8,978 | $294,000 | $45,800 | $248,200 |
| 2017 | $7,914 | $294,000 | $45,800 | $248,200 |
| 2016 | $7,524 | $235,100 | $67,400 | $167,700 |
| 2015 | $7,695 | $219,100 | $65,500 | $153,600 |
| 2014 | $7,695 | $219,100 | $65,500 | $153,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/05/2026 01/05/26 | For Sale | $689,900 | -- | $140 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $154,000 | Arrowhead | |
| Interfamily Deed Transfer | -- | Arrowhead Abstract & Title C |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $463,000 | Commercial |
Source: Lake Superior Area REALTORS®
MLS Number: 6123272
APN: 315001000542
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