For Sale: Lutsen Twp MLS# 6655080
Active
$3,116,100
Commercial: Business Opportunity
Built 2022
17 acres
Cook County schools
MLS# 6655080
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Property Description
Presenting the exceptional opportunity to acquire "Tofte Trails, " a premier luxury resort nestled on 17 acres in Tofte, Minnesota, with breathtaking views of Lake Superior. The Property currently features five upscale vacation rental cabins, which combine old wood charm with modern amenities and are strategically positioned to take advantage of the property's gentle slope, offering stunning views of the lake through the forest. Tofte Trails is an adults-only, dog-friendly getaway located near the Boundary Waters Canoe Area Wilderness and one of only 13 dark sky sanctuaries on Earth. Minutes from Lutsen Mountains Ski Resort, Superior National Golf Course, and numerous hiking trails, this property is perfectly situated for outdoor enthusiasts seeking a serene yet adventurous retreat. The Property offers prime expansion potential, with 1 acre of land providing direct access to Highway 61. The surrounding land supports future development to the east and west, with infrastructure in place for additional water systems and a planned sauna build. Additional development opportunities are available, including the potential to construct up to 12 additional cabins on the property. Located in Tofte, Cook County, this property is on the shores of Lake Superior and is nestled within the Sawtooth Mountains. Its convenient proximity to larger cities includes 82 miles northeast of Duluth, 232 miles northeast of Minneapolis, and 300 miles northeast of Fargo, ND. The area is also served by Duluth International Airport (82 miles), Range Regional Airport (110 miles), and Falls International Airport (175 miles). A sister resort, "Cuyuna Cove" in Crosby, MN, is also available for sale.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$3,116,100
Property Type:
Commercial
City:
Lutsen Twp
Garage Spaces:
0
County:
Cook
Year Built:
2022
State:
MN
Property Style:
Business Opportunity
Zip Code:
55615
Interior
Appliances Included:
- Dishwasher
- Refrigerator
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
0
Garage Dimensions:
0
Other Parking Spaces:
10
Air Conditioning:
Ductless Mini-Split, Wall Unit(s)
Foundation Size:
3,456 ft2
Handicap Accessible:
No Stairs External, No Stairs Internal
Heating System:
- Ductless Mini-Split
- Fireplace(s)
Parking Features:
Guest Parking
Unit Amenities:
- Deck
- Panoramic View
Road Frontage:
Highway
Exterior Material:
Wood Siding
Roof Details:
Asphalt
Lot & Land
Acres:
17
Geolocation:
47.617309, -90.757639
Inclusions:
Building, Business, Land
Lot Dimensions:
Irregular
Zoning:
Business/Commercial
Lot Description:
Tree Coverage - Medium
Farm
Topography:
Gently Rolling
Schools
School District:
166
District Phone:
218-387-2271
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$1,620
Lender-owned:
Not disclosed
Assessment Pending:
Unknown
Taxes w/ Assessments:
$1,620
Units
Total Units:
5
Miscellaneous
Current Use:
Resort
Fuel System:
Propane
Owner Occupied:
No
Sewer System:
Septic System Compliant - Yes
Available Utilities:
- Electric Common
- Hot Water Common
Water System:
Well
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Northco Real Estate Services.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.