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8634 Hwy 61 W, Schroeder, MN, 55613

4beds
3baths
3,389sqft
$3,800,000
$1,121price/sqft
$24,030/moest. monthly cost
$961,200/yrincome needed

About This Home

Tasteful Architectural Home on the shores of Lake Superior. 4 bedrooms, 3 bathrooms. 16 acres and 720’ of rugged beauty provide an immersive Boreal Woods experience. This is eagle habitat, a family nesting in the backcountry of the property! The land is a mix of sun-swept uplands, sprawling ledge rock, moody interior woodlands. There is an island at the mouth of a cove - the play of water exploding on it in storms, lapping in the summer blue. The home is oriented toward that basalt sculpture for commanding views. Inside is a mix of sophisticated fixtures and custom-tailored surfaces. The kitchen is equipped with the best appliances, evocative water fixtures, lighting to inspire, and Cambria. Stepping down from the kitchen into the dining room one finds a light-filled space under an artistic, thick slab geometric glass light - a wonder in a home of wonders. Built-in, tasteful cabinets define the next step into the great room. Here all is sylvan-light, giant sliders opening to Gitchee Gummi. The chandelier is simultaneously spare and magnificent – bringing to the room a modern take on the great halls of yesteryear. Reclaimed Douglas Fir timbers enrich. The showstopper, a soaring limestone fireplace! Underfoot is matte-finished white oak flooring. Unlacquered brass hardware throughout the home is elegantly highlighted against smart black surfaces. The primary bedroom with ensuite bath and large walk-in is a dream of luxury: steam shower, Northwoods views, sliders opening to lupines and birch. Upstairs are three bedrooms for the crew and/or make one an office. Each a delight of design - dormers create nooks providing for an afternoon read and views of the adult eagles making their rounds. The living room overlooks the great room, island of rock and pathways to the firepit and a mind-blowing expanse of geology – will take many years to get to know that hunk of living, ancient rock. The functionality of the home matches the design: in-floor heat, central AC, air exchanger, Sonos music system. Insulated garage with unfinished living space above awaiting vision. This quality and size of land simply can no longer be found. This level of craftsmanship and finish materials takes forever to find the right person to build, not to mention the recent stratospheric increases in costs. This is available now: ready for gathering, dreaming, relaxing in the pure, cool of the North Shore. Architect's description https://christopherstrom.com/north-shore-retreat

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

4/10
Cook County Middle SchoolGrades 6-833.3 mi
7/10

Construction

Condition

  • Property condition: Previously Owned
  • Year built: 2016

Materials

  • Foundation: Concrete Perimeter
  • Roof: Asphalt Shingle
  • Construction materials: Wood,Frame/Wood

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Water Heater-Electric,Dishwasher,Dryer,Exhaust Fan,Microwave,Range,Refrigerator,Washer
  • Laundry features: Main Level,Dryer Hook-Ups,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Utility Room

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 1
  • 3/4 bathrooms: 2
  • Main level bedrooms: 1

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Features

  • Kitchen Island,Natural Woodwork,Vaulted Ceilings,Walk-In Closet(s)
  • Door features: Patio Door
  • Flooring: Hardwood Floors,Tiled Floors
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 3,389

Great Room

  • Level: Main

Heating & Cooling

  • Heating features: Boiler,Dual Fuel/Off Peak,Fireplace(s),In Floor Heat,Hot Water,Propane,Electric
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 3,389 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Second

Master Bedroom

  • Level: Main

Mud Room

  • Level: Main

Utility Room

  • Level: Lower

Property

Details

  • Parcel number: 202400060
  • Zoning description: Residential
  • Other equipment: Air to Air Exchange,Fuel Tank-Rented

Features

  • Has view: Yes
  • View description: Lake Superior
  • Has water view: Yes
  • Water view: Lake Superior
  • On waterfront: Yes
  • Waterfront features: Lake Superior,Waterfront Access(Private),Shoreline Characteristics(Hard,Rocky,Shore-Accessible)
  • Waterbody name: Lake Superior
  • Frontage length: 720

Lot

  • Lot size: 16.20 Acres
  • Features: Accessible Shoreline
  • Lot size dimensions: 805 x 720

Parking

  • Total spaces: 2
  • Parking features: Gravel,Detached,Insulation
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Lightning
Cold Wave
Winter Weather
Inland Flooding
Strong Wind
Wildfire
Tsunami

FEMA Declared Disasters in Cook County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $19,214$230,568
Home Insurance *$1,910$22,920
Property Taxes $2,621$31,452
Electricity $285$3,430
Total$24,030$288,360
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$823,885/yr
40% on housing$720,900/yr
45% on housing$640,800/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: -3.7%
-3.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,121This listing

vs Other Active Listings

Avg $/sqft

ZIP 55613
Cook County$226

vs Homes Sold Last Month

Median $/sqft

ZIP 55613
Cook County$229

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-26Listed for sale$3,800,000

For Sale by Agent

AgentJohn Oberholtzer
BrokerageTimberWolff Realty LLC

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