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Sold for $465,000
  • $465,000

    5052 NW Island Lake Rd, Duluth, MN 55803

    2beds
    1,328sqft
    Single Family Residence
    Built in 1992
    2.04 Acres Lot
    $510,600 Zestimate®
    $350/sqft
    $2,133 Estimated rent

    Home value

    $510,600

    $480,000 - $546,000

    $2,133/mo

    Zestimate® history
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    What's special

    Nestled quietly in the pines with over 250 ft of frontage on the shores of Island Lake, this sweet and solid 2 bed, 2 bath home is the perfect retreat. The main floor of this home has a spacious living room, bedroom, new ¾ bath, laundry room, and a large eat-in kitchen with sliding doors leading to a deck. Upstairs you’ll find a big master bedroom with an adjoining bath– there is even a soaking tub! Outside you’ll find a bunkhouse, a 1+ car garage/storage building as well an additional oversized two story, 2+ car garage with a semi-finished 2 bedroom apartment! The owner has purchased Midnight Blue Klearvue cabinets for the kitchen apartment and will leave them! This is perfect for a guest house. You can hear the loons and watch the sunset from this special, west-facing property. Located on a level, 2+ private acres of gorgeous, wooded land, this affordable home is located close to town on mostly paved roads. MN Power Lease Buyout is approximately $90,150. Hurry, won’t last!

    Zillow last checked: 7 hours ago

    Listing updated: September 08, 2025 at 04:15pm

    Listed by:

    Tracy Ramsay 218-390-6747,

    RE/MAX Results

    Bought with:

    Korey Dropkin, MN 40697202

    RE/MAX Results

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6110431MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • 3/4 bathrooms: 2
    • Main level bedrooms: 1
    Bedroom
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 12 x 15
    Bedroom
    • Level: Upper
    • Area: 225 Square Feet
    • Dimensions: 15 x 15
    Kitchen
    • Level: Main
    • Area: 320 Square Feet
    • Dimensions: 16 x 20
    Living room
    • Level: Main
    • Area: 300 Square Feet
    • Dimensions: 15 x 20
    Heating
    • Boiler, Hot Water, Propane
    Features
    • Has basement: Yes
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total interior livable area: 1,328 sqft
    • Finished area above ground: 1,328
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached, Multiple, Apartment
    • Garage spaces: 3
    Features
    • Exterior features: Dock
    • Has view: Yes
    • View description: Inland Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Inland Lake, Waterfront Access(Private)
    • Body of water: Island
    • Frontage length: 250
    Lot
    • Size: 2.04 Acres
    • Features: Accessible Shoreline
    Details
    • Additional structures: Storage Shed
    • Parcel number: 660600055640
    • On leased land: Yes
    • Lease amount: $1,550

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Wood, Frame/Wood
    Condition
    • Previously Owned
    • Year built: 1992

    Utilities & green energy

    • Electric: Coop Power & Light
    • Sewer: Private Sewer
    • Water: Private

    Community & neighborhood

    Location
    • Region: Duluth

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    10/23/2023Sold$465,000-3.1%$350/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6110431 Report a problem
    9/28/2023Pending sale$479,900$361/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6110431 Report a problem
    9/18/2023Contingent$479,900$361/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6110431 Report a problem
    9/6/2023Price change$479,900+0.2%$361/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6110431 Report a problem
    8/25/2023Listed for sale$479,000+12.7%$361/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- --
    2023$2,606 +17.5%$254,400
    2022$2,218 -6.3%$254,400 +9.3%

    Find assessor info on the county website

    Neighborhood: 55803

    Nearby schools

    GreatSchools rating
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