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3588 Hwy 3, Two Harbors, MN, 55616

4beds
2baths
2,016sqft
$659,000
$327price/sqft
$3,760/moest. monthly cost
$150,400/yrincome needed

About This Home

Welcome to country living at its finest. Built in 2020, this beautifully designed one-level home sits on 60 scenic acres and offers the perfect balance of modern comfort, functionality, and rural charm. Featuring 4 bedrooms, 2 baths, and an open-concept layout, this property is ideal for those seeking space, privacy, and a connection to the outdoors. The inviting front porch provides the perfect spot to enjoy morning coffee, evening sunsets, and the peaceful surroundings. Inside, a spacious foyer welcomes guests and offers additional room for seating, storage, or personal touches. The open kitchen, dining, and living areas create a seamless gathering space for everyday living and entertaining. Natural light fills the dining area, while the wood stove adds warmth and ambiance to the heart of the home. The private primary suite features its own bath, while three additional bedrooms provide flexibility for family, guests, or a home office. Durable ceramic tile flooring throughout and in-floor heat ensure comfort and easy maintenance year-round. A convenient mudroom with laundry serves as the perfect drop zone for boots, coats, and outdoor gear. Outside, you'll find a barn with lean-to, chicken coop, rabbit hutches, and a spacious greenhouse—everything you need to embrace a hobby farm or homesteading lifestyle. Established grapevines, apple, pear, and cherry trees are complemented by strawberries, raspberries, currants, juneberries, and cranberries, creating an impressive variety of homegrown produce. Whether you're dreaming of hobby farming, gardening, raising animals, or simply enjoying the peace and beauty of country living, this exceptional 60-acre property offers endless opportunities to make that dream a reality.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

6/10
Minnehaha Elementary SchoolGrades PK-512.8 mi
7/10
Two Harbors SecondaryGrades 6-1211.0 mi

Construction

Condition

  • Property condition: Previously Owned
  • Year built: 2016

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Wood,Frame/Wood

Type & Style

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

Interior

Appliances

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

Basement

  • Has basement: Yes
  • Basement: N/A

Bedroom

  • Level: Main
  • Area: 156
  • Dimensions: 13 x 12

Bedroom

  • Level: Main
  • Area: 130
  • Dimensions: 13 x 10

Bedroom

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

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 96
  • Dimensions: 12 x 8

Features

  • Eat In Kitchen,Kitchen Island,Natural Woodwork,Beamed Ceilings,Foyer-Entrance
  • Window features: Vinyl Windows
  • Flooring: Tiled Floors
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,016

Foyer

  • Level: Main
  • Area: 128
  • Dimensions: 16 x 8

Heating

  • Heating features: Fireplace(s),In Floor Heat,Wood,Propane

Interior Area

  • Total interior livable area: 2,016 sqft

Kitchen

  • Level: Main
  • Area: 168
  • Dimensions: 12 x 14

Living Room

  • Level: Main
  • Area: 361
  • Dimensions: 19 x 19

Master Bedroom

  • Level: Main
  • Area: 168
  • Dimensions: 14 x 12

Mud Room

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

Property

Details

  • Parcel number: 29541002130 +02190
  • Foundation area: 2016

Features

  • Patio & porch: Porch
  • Has view: Yes
  • View description: Panoramic

Lot

  • Lot size: 60 Acres
  • Features: Tillable,Tree Coverage - Heavy,Tree Coverage - Light
  • Lot size dimensions: 1980 x 1980

Parking

  • Parking features: Gravel,None

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
  • Inland Flooding
    Inland FloodingRelatively High
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Winter Weather
Inland Flooding
Wildfire
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 $3,332$39,984
Home Insurance *$164$1,968
Property Taxes $94$1,128
Electricity $170$2,050
Total$3,760$45,120
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$128,914/yr
40% on housing$112,800/yr
45% on housing$100,266/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

$327This listing

vs Other Active Listings

Avg $/sqft

ZIP 55616$143
Lake County$133

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
2026-07-13Listed for sale$659,000
2019-05-03Sold$140,000

For Sale by Agent

AgentLisa A Michalski
BrokerageEdina Realty, Inc. - Duluth

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