$689,900

5722 Homestead Rd Duluth, MN 55804

Estimated payment $4,726/month

Total Views 21,008
6 Beds
5 Baths
4,944 Sq Ft
$140 Price per Sq Ft

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!

Listing Agent

Dee Furo

Legacy Real Estate Group LLC Listed on: 05/16/2025

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,168

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 61 to Homestead Rd, South to property on the left
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-393-4753
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2025
  • Lot Description Waterfront: No
  • Ada Features: Partially Wheelchair, Wheelchair Ramp
  • Air Conditioner: Central
  • Reso Association Amenities: Natural Woodwork, Security System, Tiled Floors, Vaulted Ceilings, Center Hall, Drywalls, Dryer Hook-Ups, Washer Hook-Ups
  • Half Bathrooms: 4
  • Mfg And Park Info Construction Type: Log Home
  • FinFootageAboveGrade: 2472
  • Below Grade Finished Sq Ft: 2472
  • Garage Type: None
  • Heat: Boiler, Geothermal, In Floor, Hot Water, Propane
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 6
  • Year Built: 1993
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Finished, Walkout, Bath, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 1/2 Basement, 1/2 Main Floor, 3/4 Main Floor
  • Extra Rooms: Den/Office, Utility Room, Bonus Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Stories: 1 Story
  • Total Bathrooms: 5
  • Total Fin Square Footage: 4944

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: County
  • Construction Status: Previously Owned
  • Exterior: Log

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Gravel

Utilities

  • Power Company: Coop Power & Light
  • Sewer: City
  • Water: Private, Drilled

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: irregular
  • Estimated Number of Acres: 2.32
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 315-0010-00542

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 13168

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2025 05/16/25 For Sale $689,900 -- $140 / Sq Ft
Source: Lake Superior Area REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $154,000 Arrowhead
Interfamily Deed Transfer -- Arrowhead Abstract & Title C
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $463,000 Commercial
Source: Public Records

Source: Lake Superior Area REALTORS®

MLS Number: 6119399

APN: 315001000542