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5273 Hwy 61 W, Lutsen, MN, 55612

3beds
2baths
1,736sqft
$450,000
$259price/sqft
$2,944/moest. monthly cost
$117,760/yrincome needed

About This Home

Experience the beauty of Minnesota’s North Shore from this exceptional property located at 5273 Hwy 61 E in Lutsen. Set among mature forest and minutes from Lake Superior, this location offers the perfect blend of privacy, convenience, and year-round outdoor access. The property sits directly off Hwy 61, providing smooth access to Grand Marais, Tofte, and the entire Cook County outdoor corridor. This charming single-family home, nestled in the heart of Lutsen, boasts 1,123 square feet of living space. With 3 bedrooms and 2 bathrooms, it offers comfort and functionality. The recent renovation showcases quality craftsmanship and meticulous attention to detail. Notably, a second bathroom was thoughtfully added upstairs. The main floor of the house follows an open concept layout, seamlessly connecting the kitchen, dining area, and living room. Large windows flood the space with natural light, creating an inviting ambiance. The sun-soaked sunroom is your go-to spot for soaking up rays and enjoying the view. Imagine sipping your morning coffee here, basking in the warmth and gazing out at the natural beauty around you. The property sits on a 2.3-acre lot, providing ample space for outdoor enjoyment. Whether you’re seeking a cozy retreat or a year-round residence, this home offers a blend of character and modern updates. The home is set back from the highway, ensuring a peaceful atmosphere. A fire pit area in the backyard invites you to savor summer evenings. The insulated and heated garage currently serves as a workshop and storage space for all your seasonal toys. It has been updated to match the house’s exterior. This home is more than just a house—it’s an opportunity to embrace North Shore living.

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

4/10
Cook County Middle SchoolGrades 6-817.3 mi
7/10

Construction

Condition

  • Property condition: Previously Owned
  • Year built: 1939

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Dryer,Microwave,Range,Refrigerator
  • Laundry features: Main Level,Dryer Hook-Ups,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full

Bathroom

  • Level: Main
  • Area: 56.16
  • Dimensions: 5.2 x 10.8

Bathroom

  • Level: Second
  • Area: 57.772
  • Dimensions: 5.2 x 11.11

Bedroom

  • Level: Second
  • Area: 86.742
  • Dimensions: 7.11 x 12.2

Bedroom

  • Level: Second
  • Area: 87.2
  • Dimensions: 8 x 10.9

Bedroom

  • Level: Second
  • Area: 91.2
  • Dimensions: 8 x 11.4

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: Main
  • Area: 140.12
  • Dimensions: 11.3 x 12.4

Features

  • Eat In Kitchen,Foyer-Entrance
  • Window features: Double Glazed
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 616
  • Finished area above ground: 1,120

Heating & Cooling

  • Heating features: Fireplace(s),Forced Air,Propane
  • Cooling features: None

Interior Area

  • Total interior livable area: 1,736 sqft

Kitchen

  • Level: Main
  • Area: 149.404
  • Dimensions: 9.11 x 16.4

Living Room

  • Level: Main
  • Area: 333.71
  • Dimensions: 15.1 x 22.1

Sun Room

  • Level: Main
  • Area: 62.98
  • Dimensions: 6.7 x 9.4

Property

Details

  • Parcel number: 271261367
  • Other equipment: Fuel Tank-Rented
  • Foundation area: 616

Features

  • Exterior features: Rain Gutters
  • Has view: Yes
  • View description: Lake Superior
  • Has water view: Yes
  • Water view: Lake Superior

Lot

  • Lot size: 2.30 Acres
  • Features: Tree Coverage - Medium,Level
  • Lot size dimensions: 158 x 634

Parking

  • Total spaces: 2
  • Parking features: Gravel,Detached,Electrical Service,Slab
  • 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 $2,275$27,300
Home Insurance *$241$2,892
Property Taxes $258$3,096
Electricity $170$2,050
Total$2,944$35,328
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$100,937/yr
40% on housing$88,320/yr
45% on housing$78,506/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

$259This listing

vs Other Active Listings

Avg $/sqft

ZIP 55612$86
Cook County$291

vs Homes Sold Last Month

Median $/sqft

ZIP 55612
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
2026-08-14Listed for sale$450,000
2024-08-08Sold$410,000
2024-06-28Pending sale$424,900
2024-06-14Contingent$424,900
2024-04-17Price change$424,900
2024-03-29Price change$449,900
2024-03-07Listed for sale$479,900
2022-07-22Sold$345,000
2022-05-21Pending sale$289,900
2022-05-17Contingent$289,900
2022-05-13Listed for sale$289,900

For Sale by Agent

AgentAgne Smith
BrokerageColdwell Banker North Shore

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