$755,500
SOLD JUN 27, 2025

8845 Pequaywan Lake Rd Duluth, MN 55803

3 Beds
3 Baths
2,348 Sq Ft
1.51 Acres

Recently Sold

$322 Per Sq Ft

1% Above List Price

12 Days on Market

Highlights

  • Boathouse
  • Docks
  • Panoramic View
  • Private Waterfront
  • Sauna
  • Heated Floors

About This Home

As of June 2025

This beautiful 3 bed, 3 bath lakefront home with private driveway combines modern comfort with rustic charm. Completely remodeled in 2015 featuring cedar tongue-and-groove walls, hardwood floors, hickory kitchen cabinets, and a cozy wood-burning fireplace, every detail has been thoughtfully designed. Enjoy breathtaking sunsets, a sauna, multiple heat sources plus A/C, and a bath on every level. The property includes a boathouse/bunkhouse, dock system, insulated/heated 2-car garage with bonus room, and outdoor spaces like a patio, side deck, and front porch. All on a private lake—peaceful, serene, and ready for you. Schedule your private showing today before it’s gone! PS. This home has been pre-inspected, and Mike is available for any questions you may have!

Last Agent to Sell the Property

Tommy Archer

Coldwell Banker Realty - Duluth Listed on: 05/22/2025

Coldwell Banker Realty - Duluth

Last Buyer's Agent

Casey Carbert

Edmunds Company, LLP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,247

Year Built

  • Built in 1940

Lot Details

  • 1.51 Acre Lot
  • Private Waterfront
  • 125 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Irregular Lot
  • Landscaped with Trees

Property Views

  • Lake
  • Panoramic

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Woodwork
  • Wood Burning Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Entryway
  • Family Room
  • Combination Kitchen and Dining Room
  • Sauna

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Drainage System

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Boathouse
  • Docks
  • Deck
  • Storage Shed
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Pellet Stove burns compressed wood to generate heat
  • Heat Pump System
  • Boiler Heating System
  • Heating System Uses Propane
  • Sand Point Well
  • Gas Water Heater
  • Water Softener is Owned
  • Fuel Tank
  • Private Sewer
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 502-0030-00280, 502-0020-02847, 502-0030-00270

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,247

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 44 (about 1.1 miles from Pequaywan Inn) to 8845 Pequaywan Rd on left
  • InternetOptions: Satellite
  • Waterfront Info Lake Maximum Depth: 51
  • L O1 Office Phone1 Number: 218-728-5161
  • List Price/ Sq Ft: 321.76
  • Road Maintenance: Public
  • ShorelineCharacteristics: Gravel
  • Property Sub-Type: SF/Detached
  • Tax Year: 2025
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Air Conditioner: Central, Ductless Mini Split
  • Reso Association Amenities: Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Kitchen Center Island, Natural Woodwork, Sauna, Tiled Floors, Patio Door, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck, Dock, Gutter/Downspout
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2000
  • Below Grade Finished Sq Ft: 348
  • Garage Type: Detached
  • Heat: Boiler, Fireplace, Forced Air, Heat Pump, In Floor, Outdoor Boiler, Ductless/Mini Split, Propane, Pellet
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Metal
  • Room 10: Entry
  • Room 11: Other
  • Room 12: Bathroom
  • Bedroom 3: Other
  • TotalBedrooms: 3
  • Year Built: 1940
  • RoomLevel11: Lower
  • RoomLevel12: Upper
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • RoomLevel6: Main
  • RoomLevel7: Upper
  • RoomLevel8: Main
  • Property Style: Contemporary
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 2
  • Appliances: Dishwasher, Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Drainage System, Finished, Walkout
  • Basement Material: Poured Concrete
  • Basement Style: Posts
  • Bathroom Description: Full Main Floor, 3/4 Upper
  • Formal Dining: Combine with Kitchen, Eat-In Kitchen
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Other
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Family Room
  • Bedroom 5: Bedroom
  • Stories: 2.25 - 2.75 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Dining Room
  • Room 9: Other
  • Total Bathrooms: 3
  • Total Fin Square Footage: 2348
  • Exercise Room Level2: Main

Exterior Features

  • LakeAcres: 74
  • Out Buildings: Boathouse, Storage Shed
  • Road Frontage: County
  • Waterfront Access: Private
  • Water Frontage In Feet: 125
  • Waterfront Name: Little Pequaywan
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Double Glazed, Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 2

Utilities

  • Power Company: Coop Power & Light
  • Sewer: Private
  • Water: Sand Point

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Superior #381
  • Junior High Dist: Lake Superior #381

Lot Info

  • Geo Update Timestamp: 2025-05-23
  • Estimated Lot Dimensions: IRR
  • Estimated Number of Acres: 1.51
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Irregular Lot, Tree Coverage - Medium
  • Parcel Number: 502-0030-00280, 502-0020-02847, 502-0030-00270
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA DVA

Tax Info

  • Tax Amount: 2247

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2025
Closed on
Jun 27, 2025
Sold by
Pelto Steve W and Pelto Susan C
Bought by
Hankey Cynthia
Seller's Agent
Tommy Archer
Coldwell Banker Realty - Duluth
Buyer's Agent
Casey Carbert
Edmunds Company, LLP
List Price
$750,000
Sold Price
$755,500
Premium/Discount to List
$5,500
0.73%
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-63.23%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $765,000 Burnet Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $755,500 +0.7% $322 / Sq Ft
06/03/2025 06/03/25 Pending -- -- --
05/22/2025 05/22/25 For Sale $750,000 -- $319 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

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
2023 $100 $10,900 $10,900 $0
2022 $104 $10,400 $10,400 $0
2021 $104 $10,000 $10,000 $0
2020 $108 $10,200 $10,200 $0
2019 $104 $10,200 $10,200 $0
2018 $106 $10,200 $10,200 $0
2017 $106 $10,300 $10,300 $0
2016 $84 $0 $0 $0
2015 -- $5,200 $5,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6119529

APN: 502003000270