For Sale: Tofte MLS# 7045491
Active
$395,000
Condo/Townhome: Side x Side
3 br • 2 ba • Built 1984
1,105 sqft • 0.28 acres
Cook County schools
MLS# 7045491
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Property Description
Exceptional opportunity to own a 3-bedroom, 2-bath townhome at Caribou Highlands Resort, perfectly positioned in the heart of North Shore adventure. Ski right out your back door to Lutsen Mountains and some of the best skiing and snowboarding in the Midwest, with incredible hiking, biking, golf, waterfalls, and Lake Superior adventures just minutes away.
Beautifully updated in 2024 with new flooring, furnishings, décor, and linens, this turnkey townhome is ready to enjoy from day one. Owners and guests have access to a full lineup of resort amenities, including indoor and outdoor pools, hot tub, fitness center, and firepits throughout the grounds.
Currently operating as a successful short-term rental, the property offers a strong rental history with future reservations extending into the 2027 ski season. Whether you're looking for your own North Shore basecamp, an income-producing vacation rental, or the best of both, this property puts you at the center of everything that makes the North Shore a four-season destination.
**INVESTMENT PROPERTY INCENTIVE:** Buyer may qualify for a reduced vacation rental management rate through Escape Vacation Rental Management following closing. Management services are completely optional and subject to a separate management agreement. Listing agent has an ownership interest in Escape Vacation Rental Management. Ask for details.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$395,000
Price per sq ft:
$357
Property Type:
Condo/Townhome
City:
Tofte
Garage Spaces:
0
County:
Cook
Year Built:
1984
State:
MN
Property Style:
Side x Side
Zip Code:
55615
Subdivision Name:
Vill Lutsen Mt 3rd Add
Interior
Bedrooms:
3
Bathrooms:
2
Finished Area:
1,105 ft2
Total Fireplaces:
1
Living Area:
1,105 ft2
Common Wall:
Yes
Appliances Included:
- Dishwasher
- Electric Water Heater
- Freezer
- Microwave
- Range
- Refrigerator
Fireplace Details:
Wood Burning
Basement Details:
- Finished
- Full
Exterior
Stories:
Two
Garage Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
1,105 ft2
Handicap Accessible:
None
Road Responsibility:
Association Maintained Road
Heating System:
- Fireplace(s)
- Forced Air
Parking Features:
- Assigned
- Parking Lot
- Paved Lot
Shared Amenities:
- Hot Tub
- Other
- Trail(s)
Unit Amenities:
- Cable
- Ceiling Fan(s)
- Deck
- Vaulted Ceiling(s)
Road Frontage:
- Paved Streets
- Private Road
- Street Lights
Pool:
- Below Ground
- Heated
- Indoor
- Outdoor
- Shared
Rooms
1/4 Baths:
None
Full Baths:
1
Half Baths:
None
3/4 Baths:
1
Shared Rooms:
- Exercise Room
- Play Area
Bathroom Details:
- 3/4 Basement
- Upper Level Full Bath
Dining/Kitchen:
- Eat In Kitchen
- Kitchen/Dining Room
- Living/Dining Room
Laundry:
None
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.28
Geolocation:
47.657996, -90.714749
Lot Dimensions:
0
Zoning:
Residential-Single Family
Schools
School District:
166
District Phone:
2183872271
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,004
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,004
Association Fee Required:
Yes
Association Fee:
$1,275
Association Fee Frequency:
Monthly
Association Fee Includes:
- Building Exterior
- Cable TV
- Internet
- Lawn Care
- Maintenance Grounds
- Parking
- Professional Mgmt
- Recreation Facility
- Sanitation
- Sewer
- Shared Amenities
- Snow Removal
- Water
Association Company:
Odyssey
Association Company Number:
2182570068
Miscellaneous
Fuel System:
- Electric
- Wood
Sewer System:
Private Sewer
Water System:
- Private
- Shared System
Mortgage Calculator
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Structure Real Estate LLC.
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.