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1774 Highway 2, Two Harbors, MN, 55616

4beds
4baths
3,360sqft
$999,000
$297price/sqft
$5,980/moest. monthly cost
$239,200/yrincome needed

About This Home

Recently updated to include an additional 20 acres for a total of 30 acres, this property is nestled among towering old-growth pines and boasting approximately +/-700 feet of frontage on the Little Stewart River. Offering a rare combination of privacy, elegance, and natural beauty. The home, a stunning 4+ bedroom, 4 bathroom, blends timeless craftsmanship with modern comfort and style built in. Step inside to discover a spacious primary suite complete with a luxurious ensuite bath and heated floors. The open-concept main level is anchored by a soaring 18-foot great room featuring a dramatic stone gas fireplace and a wall of south-facing windows that flood the space with natural light. The gourmet kitchen is a chef’s dream, showcasing rich dark cabinetry, gleaming granite countertops, and premium finishes throughout. Enjoy year-round outdoor living with a cozy screened-in porch equipped with a heater, a generous patio with its own outdoor fireplace, and a secluded hot tub—perfect for soaking in the breathtaking views. Additional highlights include: Hickory hardwood floors Heated floors in the primary bath and mudroom Solid 8-foot wood doors and 9-foot ceilings throughout Walk-out lower-level family room ideal for entertaining Dedicated home office space and ample storage Attached, insulated, and heated garage Impeccably maintained and truly move-in ready, this home is a rare gem that offers refined living in a tranquil, nature-rich setting with glimpses of Lake Superior on the horizon.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

6/10
7/10
Two Harbors SecondaryGrades 6-121.0 mi

Construction

Condition

  • Property condition: Previously Owned
  • Year built: 2018

Materials

  • Foundation: Concrete Perimeter,Insulated Form
  • Roof: Asphalt Shingle
  • Construction materials: Composition,Insulating Concrete Forms,Poured Concrete,Struct. Insulated Panel

Type & Style

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

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Dryer,Exhaust Fan,Microwave,Refrigerator,Wall Oven,Washer
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Full,Egress Windows,Finished,Walkout,Bath,Bedrooms,Den/Office,Family/Rec Room

Bedroom

  • Level: Lower
  • Area: 210
  • Dimensions: 14 x 15

Bedroom

  • Level: Upper
  • Area: 143
  • Dimensions: 13 x 11

Bedroom

  • Level: Upper
  • Area: 120
  • Dimensions: 10 x 12

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 175
  • Dimensions: 14 x 12.5

Family Room

  • Level: Lower
  • Area: 416
  • Dimensions: 16 x 26

Features

  • Kitchen Island
  • Window features: Energy Windows,Vinyl Windows
  • Number of fireplaces: 2
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 882
  • Finished area above ground: 2,478

Heating & Cooling

  • Heating features: Fireplace(s),Forced Air,In Floor Heat,Propane
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 3,360 sqft

Kitchen

  • Level: Main
  • Area: 175
  • Dimensions: 14 x 12.5

Living Room

  • Level: Main
  • Area: 208
  • Dimensions: 16 x 13

Loft

  • Level: Upper
  • Area: 180.7
  • Dimensions: 13 x 13.9

Master Bedroom

  • Level: Main
  • Area: 224
  • Dimensions: 14 x 16

Office

  • Level: Upper
  • Area: 132
  • Dimensions: 11 x 12

Office

  • Level: Lower
  • Area: 192
  • Dimensions: 12 x 16

Other

  • Level: Main
  • Area: 144
  • Dimensions: 12 x 12

Property

Details

  • Parcel number: TBD
  • Other equipment: Air to Air Exchange
  • Foundation area: 1200

Features

  • Patio & porch: Deck,Patio
  • Exterior features: Hot Tub,Rain Gutters
  • Has view: Yes
  • View description: Lake Superior,Panoramic
  • Has water view: Yes
  • Water view: Lake Superior
  • On waterfront: Yes
  • Waterfront features: Creek/Stream,Waterfront Access(Private),Shoreline Characteristics(Rocky)
  • Waterbody name: Little Stewart
  • Frontage length: 700

Lot

  • Lot size: 30 Acres
  • Features: Landscaped,Tree Coverage - Medium,High,See Remarks
  • Lot size dimensions: 988 x 1321

Parking

  • Total spaces: 2
  • Parking features: Concrete,Gravel,Attached,Drains,Heat,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

  • Cold Wave
    Cold WaveVery High
  • Lightning
    LightningVery High
  • Strong Wind
    Strong WindVery High
  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Winter Weather
Hail
Inland Flooding
Tsunami

FEMA Declared Disasters in Lake 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 $5,051$60,612
Home Insurance *$164$1,968
Property Taxes $482$5,784
Electricity $283$3,400
Total$5,980$71,760
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$205,028/yr
40% on housing$179,400/yr
45% on housing$159,466/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: 16.9%
16.9%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$297This listing

vs Other Active Listings

Avg $/sqft

ZIP 55616$146
Lake County$134

vs Homes Sold Last Month

Median $/sqft

ZIP 55616
Lake County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-26Listed for sale$1,150,000
2026-01-06Listing removed$899,000
2025-10-28Listed for sale$899,000
2017-03-07Sold$36,000

For Sale by Agent

AgentSue Bott
BrokerageRE/MAX Professionals - Two Harbors

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