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2126-L205 E Water St #L205, Duluth, MN, 55812

2beds
2baths
1,598sqft
$735,000
$460price/sqft
$4,723/moest. monthly cost
$188,920/yrincome needed

About This Home

Experience the ease of lakefront living in this simply elegant & updated 2-bedroom, 2-bath condominium situated on the stunning shores of Lake Superior. Facing East, this coveted corner unit captures every sunrise and the shimmering morning light over the water. Sip coffee on your covered balcony overlooking the view. Located within a well-established and secure condo community—separate from but adjacent to Beacon Pointe Resort—you’ll enjoy peaceful residential living with the added benefit of resort-style amenities including access to the indoor pool, hot tub, and fitness center. Step inside to a thoughtfully remodeled kitchen designed to bring the “outside in” with vibrant touches, a striking resin backsplash, quartz countertops, center island, and top-of-the-line KitchenAid stainless appliances. The open-concept dining and living spaces are ideal for entertaining, featuring a cozy gas fireplace and sliding doors that open to a covered porch with sweeping lake views. The Primary Suite offers a private balcony overlooking the lake, a walk-in closet, and a stunning tiled bath with 16” x 16” tile flooring, dual quartz vanities, and a walk-in tiled shower. The second bedroom and bath provide comfort for guests or a perfect home office setup. Enjoy the rare convenience of two heated underground parking spaces plus a private storage area—keeping your vehicle warm through the Duluth winters. From your front door, stroll or bike the Lakewalk, take a refreshing dip in the pool or Lake Superior itself, and unwind knowing exterior maintenance is all taken care of for you. Whether you’re seeking a full-time residence or a weekend escape, this lakefront condo offers the best of Duluth living—sunrises, water views, and the effortless charm of maintenance-free comfort.

Getting Around

31
WalkingCar-Dependent
35
TransitSome Transit
54
BikeBikeable

Schools

8/10
7/10
10/10
East Senior High SchoolGrades 9-121.8 mi

Construction

Condition

  • Property condition: Previously Owned
  • Year built: 2007

Materials

  • Construction materials: Cement Board,Frame/Wood

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Laundry features: Main Level

Basement

  • Basement: N/A

Bedroom

  • Level: Main
  • Area: 110
  • Dimensions: 11 x 10

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 112
  • Dimensions: 16 x 7

Features

  • Kitchen Island,Walk-In Closet(s)
  • Door features: Patio Door
  • Flooring: Hardwood Floors,Tiled Floors
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,598

Heating & Cooling

  • Heating features: Baseboard,Boiler,Electric
  • Cooling features: Ductless

Interior Area

  • Total interior livable area: 1,598 sqft

Kitchen

  • Level: Main
  • Area: 150
  • Dimensions: 15 x 10

Living Room

  • Level: Main
  • Area: 285
  • Dimensions: 15 x 19

Master Bedroom

  • Level: Main
  • Area: 140
  • Dimensions: 14 x 10

Property

Details

  • Parcel number: 010444900980

Features

  • Pool features: Indoor,Shared
  • Exterior features: Balcony
  • Has view: Yes
  • View description: Lake Superior
  • Has water view: Yes
  • Water view: Lake Superior
  • On waterfront: Yes
  • Waterfront features: Lake Superior,Waterfront Access(Association)
  • Waterbody name: Lake Superior
  • Frontage length: 0

Lot

  • Lot size dimensions: common

Parking

  • Total spaces: 2
  • Parking features: Attached
  • 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
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Lightning
Tsunami

FEMA Declared Disasters in St. Louis County and Minnesota

Fire
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 $3,716$44,592
Home Insurance *$213$2,556
Property Taxes $624$7,488
Electricity $170$2,050
Total$4,723$56,676
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$161,931/yr
40% on housing$141,690/yr
45% on housing$125,946/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: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 2.8%
2.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$460This listing

vs Other Active Listings

Avg $/sqft

ZIP 55812$201
St. Louis County$176

vs Homes Sold Last Month

Median $/sqft

ZIP 55812
St. Louis County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-10-14Listed for sale$799,900

For Sale by Agent

AgentDeanna Bennett
BrokerageMessina & Associates Real Estate

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