$755,500
SOLD JUN 27, 2025

8845 Pequaywan Lake Rd Duluth, MN 55803

3 Beds
4 Baths
2,348 Sq Ft
1.51 Acres

Recently Sold

$322 Per Sq Ft

13 Days on Market

Highlights

  • 125 Feet of Waterfront
  • Bonus Room
  • Billiard Room
  • Lake View
  • No HOA
  • Stainless Steel Appliances

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 Brokerage Phone: 218-393-5995 Listed on: 05/22/2025

Coldwell Banker Realty

Last Buyer's Agent

Member Non

NON MEMBER FILE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,119

Year Built

  • Built in 1940

Lot Details

  • 1.51 Acre Lot
  • 125 Feet of Waterfront
  • Lake Front
  • Wood Fence
  • Irregular Lot
  • Additional Parcels

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Metal Roof

Interior Spaces

  • 2-Story Property
  • Stone Fireplace
  • Family Room
  • Bonus Room
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Drain
  • Crawl Space
  • Basement Storage
  • Natural lighting in basement

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Boiler Heating System
  • 200+ Amp Service
  • Propane
  • Sand Point Well
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 502003000280

Community Details

Overview

  • No Home Owners Association
  • Cummings Beach Town Of Pequaywan Subdivision

Amenities

  • Billiard Room

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,119

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split, Dual, Heat Pump
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Sand Point
  • Year Built: 1940
  • Above Grade Finished Sq Ft: 2000
  • Water Body Name: Pequaywan
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Satellite
  • FoundationDimensions: IRR
  • Attribution Contact: 218-393-5995
  • Attribution Contact: 218-393-5995
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Daylight/Lookout Windows, Drain Tiled, Finished, Concrete, Storage Space, Tile Shower, Walkout
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Fuel Tank - Owned, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Stone, Wood Burning Stove
  • Living Area: 2348
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 348
  • Basement YN: Yes
  • Dining Room Type: Bonus Room, Kitchen, Billiard, Family Room, Bedroom 2, Bedroom 1, Bedroom 3, Dining Room, Garage, Bathroom, Primary Bathroom

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Metal
  • Fencing: Wood
  • View: Lake, Panoramic, South
  • Other Structures: Additional Garage, Boat House, Storage Shed
  • ConstructionMaterialsDesc: Other,Frame
  • PatioPorchType: Deck,Patio
  • Lake Acres: 424
  • Lake Bottom: Gravel
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 10-15
  • Waterfront Frontage: 125

Garage/Parking

  • Parking Features: Detached, Gravel, Electric, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, Storage
  • Garage Square Feet: 725

Utilities

  • Heating: Boiler, Ductless Mini-Split, Forced Air, Fireplace(s), Heat Pump, Radiant Floor, Outdoor Boiler
  • Sewer: Private Sewer
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Propane
  • Power Company: Co-op Power & Light

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Dock,Hardwood Floors,Kitchen Center Island,Kitchen Window,Patio,Paneled Doors,Panoramic View,Sauna,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

  • Junior High Dist: Lake Superior
  • SchoolDistrictNumber: 381
  • SchoolDistrictPhone: 218-834-8216

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: IRR
  • Lot Size Sq Ft: 65775.6
  • Land Lease: No
  • Lot Features: Irregular Lot, Many Trees
  • Additional Parcels Description: 502002002847,502003000270
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 502003000280
  • Tax Annual Amount: 2119
  • TaxWithAssessments: 2144.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

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
-74.57%
Source: Public Records

Similar Homes in Duluth, MN

  • 3069 E Lismore Rd, Duluth, MN 55804

    $565,000

    • 4 Beds
    • 2 Baths
    • 2,054 Sq Ft
    • 3069 E Lismore Rd
    • Duluth, MN

    Welcome to your private slice of Northland paradise, just 20 minutes from downtown Duluth. This meticulously maintained 4-bedroom, 2-bathroom home has been owned and lovingly cared for by the same family since it was built, a true testament to its quality and long-standing pride of ownership. Surrounded by mature maple trees that ignite with vibrant color each fall, this property offers a scenic

    Mark Sams RE/MAX Results

    Section Image
  • 4930 Mini Power Rd Unit 4930 Mini Power Rd, Duluth, MN 55803

    $585,000

    • 2 Beds
    • 2 Baths
    • 1,700 Sq Ft
    • 4930 Mini Power Rd
    • Unit 4930 Mini Power Rd
    • Duluth, MN

    Don’t miss out on this amazing home located on wild rice lake, perched on an incredibly private, wooded lot filled with beautiful maple trees and framed by serene lake views. The house faces east, offering spectacular sunrises over the water — the perfect way to start your day. This rare property features 200 feet of shoreline on a beautiful 2,127-acre lake and an abundance of wildlife, making it

    Mark Sams RE/MAX Results

    Section Image
  • 2328 E 3rd St, Duluth, MN 55812

    $925,000

    • 5 Beds
    • 2.5 Baths
    • 3,928 Sq Ft
    • 2328 E 3rd St
    • Duluth, MN

    Back on the Market and a NEW Price, too!!! Exceptional best describes this Congdon Prairie Style Classic! What's not to love about this 5++ bedroom, 3 bath Home?!? It shines throughout with pride of ownership! Through the years, current owners and past owners have renovated, remodeled or restored almost every area of the home and property! All you have to do is move in and start enjoying all

    Mike Jorgensen Edina Realty, Inc. - Duluth

    Section Image
  • 5886 N Pike Lake Rd, Duluth, MN 55811

    $875,000

    • 2 Beds
    • 2 Baths
    • 1,440 Sq Ft
    • 5886 N Pike Lake Rd
    • Duluth, MN

    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

    Jamie Sathers-Day JS Realty

    Section Image
  • 3959 Peyton Ln, Duluth, MN 55811

    $799,000

    • 3 Beds
    • 2.5 Baths
    • 2,816 Sq Ft
    • 3959 Peyton Ln
    • Duluth, MN

    Located in a beautiful neighborhood surrounded by newer, high-quality homes, this meticulously maintained residence offers an exceptional blend of style, comfort, and functionality. Bathed in natural light, the interior showcases stunning solid hardwood floors and an open-concept layout centered around a cozy gas fireplace. The heart of the home is the large open kitchen, perfectly designed for

    Mark Sams RE/MAX Results

    Section Image
  • 7070 Rice Lake Rd, Duluth, MN 55803

    $675,000

    • 3 Beds
    • 2 Baths
    • 1,287 Sq Ft
    • 7070 Rice Lake Rd
    • Duluth, MN

    PRIVATE LAND and COMMERCIALLY ZONED!! Experience lakefront living at its finest with this beautiful 3-bedroom, 2-bath home on Island Lake. Built in 2016, the home still feels like it is brand new and is move-in ready with an amazing 2.03 acre lot, 825ft of water frontage and a spacious two-car garage. Enjoy summer days on the water and cozy winter nights by the gas fireplace. The main level

    Deena Shykes RE/MAX Results

    Section Image
  • 2413 Lismore Rd, Duluth, MN 55804

    $799,000

    • 6 Beds
    • 5 Baths
    • 3,684 Sq Ft
    • 2413 Lismore Rd
    • Duluth, MN

    Looking for a newer construction house with room to grow and yard space? This private 10 acre setting with home setback far off the road has so much flexibility in its floor plan, outbuildings, and yard space! The 4 br two level main house has over 3200 sq. ft. of above ground living space. Many nice upgrades throughout...too numerous to mention them all. You’ll notice the combination of Nichiha

    Brian Rud Messina & Associates Real Estate

    Section Image
  • 6678 Bergstrom Rd, Duluth, MN 55803

    $849,900

    • 2 Beds
    • 2.5 Baths
    • 2,180 Sq Ft
    • 6678 Bergstrom Rd
    • Duluth, MN

    Welcome to your lakeside sanctuary. This beautiful cedar sided 2-bedroom, 3-bath home sits along the shores of pristine private Schultz Lake, just 20 minutes from Duluth-close enough for convenience, yet worlds away in peace and beauty. With 75 feet of sandy beachfront and crystal-clear water, this is a place where time slows down and every sunrise feels like a gift. Step into the great room and

    Lucy Nelson United Realty

    Section Image
  • 5722 Homestead Rd, Duluth, MN 55804

    $689,900

    • 6 Beds
    • 5 Baths
    • 4,944 Sq Ft
    • 5722 Homestead Rd
    • Duluth, MN

    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

    Dee Furo Legacy Real Estate Group LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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: NorthstarMLS

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

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6723628

NorthstarMLS

APN: 502003000270