$800,000
$75K PRICE DROP

5886 N Pike Lake Rd Duluth, MN 55811

Estimated payment $4,779/month

Total Views 43,119
5 Beds
5 Baths
1,440 Sq Ft
$556 Price per Sq Ft

Highlights

  • Private Waterfront
  • Lake View
  • No HOA
  • Proctor Senior High School Rated 9+
  • Deck
  • 1-Story Property

About This Home

Rare Pike Lake Multi-Unit Lakefront Estate! This remarkable 2.62-acre estate with 96 ft of prime lakefront on Pike Lake has been owned by the same family for over 50 years — and now it’s your opportunity to make it yours. The estate features four separate single-family homes, totaling 5 bedrooms and 5 baths, all sharing direct lakefront access. A family retreat, a shared getaway with friends, or an investment property with rental income potential, this is a truly one-of-a-kind opportunity. Currently configured as four independent rental units (each one with some sort of storage), the property could easily continue generating income or be reimagined as your private lakeside compound. Enjoy boating, fishing, relaxing, or simply taking in the beauty of Pike Lake. Property Breakdown: • Home 1: 1 bed, 1 bath, 544 sq ft. Nestled halfway down the wooded driveway, this cozy cabin features multiple decks, a steel roof, and a peaceful, secluded vibe. • Home 2 (Main Home): 2 bed, 2 bath, 1,260 sq ft. ADA compliant, this spacious home boasts a large master suite with private bath and laundry. Incredible lake views from both the living room and a welcoming deck. • Home 3: 1 bed, 1 bath, 449 sq ft. Located right on the shoreline and just steps from the fire pit, this lakefront charmer offers a bonus sitting area and the soothing sound of waves right outside your window. • Home 4: 2 bed, 1 bath, 816 sq ft. With panoramic lake views from the living room, this home’s unfinished lower level holds massive potential. An overhead door just feet from the shoreline opens up even more possibilities—imagine a true walk-out to the lake! About Pike Lake: Pike Lake is a crystal-clear, 500-acre gem of the Northland, prized for its natural beauty, high-quality homes, and unbeatable location—just minutes from Canal Park, downtown Duluth, and top shopping destinations. Nearby, enjoy the Pike Lake Golf & Beach Club, which features a par-32, 9-hole executive course, a sand-bottom beach, bocce ball, pickleball, volleyball, bean bags, and a lakeside restaurant with patio seating. Don't miss your chance to own a truly rare, versatile, and stunning lakefront property. Schedule your showing today—you won’t be disappointed!

Listing Agent

Jamie Sathers-Day

JS Realty Listed on: 08/26/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,452

Year Built

  • Built in 1930

Lot Details

  • 2.62 Acre Lot
  • Lot Dimensions are 96x1212
  • Private Waterfront
  • 96 Feet of Waterfront
  • Lake Front

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Lake Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Drilled Well

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 280-0015-00910

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,452

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: Hwy 53 to north on Midway Rd, north on Pike Lake Rd and the home is on the left
  • L O1 Office Phone1 Number: 218-729-9784
  • Tax Year: 2025
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Property Info:Total 34 Baths2: 1
  • CondoPropertyType: Multiple Buildings
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1440
  • Garage Type: None
  • Heat: Forced Air, Propane
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 5
  • MediaType: Multi-Family
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Crawl Space, Full
  • Stories: 1 Story
  • Total Bathrooms: 5
  • Total Fin Square Footage: 1440

Exterior Features

  • Waterfront Access: Private
  • Water Frontage In Feet: 96
  • Waterfront Name: Pike
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: Drilled

Condo/Co-op/Association

  • Shared: Deck
  • Association Fee: No

Schools

  • Junior High Dist: Proctor #704

Lot Info

  • Estimated Lot Dimensions: 96x1212
  • Estimated Number of Acres: 2.62
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 280-0015-00910
  • Waterfront Type: Inland Lake

Rental Info

  • Tenant Expense: None

Tax Info

  • Tax Amount: 6452

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

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2025 10/07/25 Price Changed $800,000 -8.6% $556 / Sq Ft
08/26/2025 08/26/25 For Sale $875,000 -- $608 / Sq Ft
Source: Lake Superior Area REALTORS®

About the Listing Agent

Jamie Sathers-Day

JS Realty

(218) 450-0520

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With nearly 40 years of experience as a REALTOR in Duluth, I have become a trusted name in the local real estate market. My extensive knowledge of the area, combined with my dedication to my clients, has made me one of the top choices for homebuyers and sellers in the region. My career spans decades of personal relationships, deep community ties, and a sharp understanding of the evolving market, all of which allow me to provide my clients with invaluable expertise. Sathers JS Realty was founded

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  • 29 Hillside Rd, Esko, MN 55733

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Source: Lake Superior Area REALTORS®

MLS Number: 6121535

APN: 280-0015-00910