4860 Lutsen, MN $ 3,490,000
4860
$ 3,490,000
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4860

Lutsen, MN, 55612
$ 3,490,000
Bedrooms-- Baths--

Monthly Estimate*

$ 24,105

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Commercial Property for sale in Lutsen, MN

for $3,490,000. This building was built in 1979 on a lot size of 5.33.

Solbakken represents a turn-key opportunity to own an established, income-producing resort with a loyal repeat guest base, enduring reputation, and strong growth potential. Its unmatched location combined with direct trail access, lakefront amenities, and expansion possibilities — makes this property uniquely positioned for continued success. With its loyal guest following, strong brand identity, and historical depth, Solbakken is both a thriving business and a lifestyle investment. It embodies Hygge — that Norwegian sense of warmth, contentment, and well-being — offering owners and guests alike a timeless connection to nature, community, and peace. For the visionary seeking both heart and return, Solbakken is more than a business — it’s a living legacy

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Commercial Pending

Price

$ 3,490,000

Property Type

Commercial

Taxes

$ 26,390

Style

Lot Size

5.33

Year Built

1979

Town/City

Lutsen

County/Region

Cook

MLS | Web ID

6805269

Features
General
Sewer Holding Tank Mound Septic Private Sewer Septic System Compliant - Yes
Heating Baseboard Boiler Fireplace(s)
Utilities Electric Separate
Roof Age 8 Years or Less Asphalt
Appliances Cooktop Dishwasher Range Refrigerator
Garage Spaces 101
Construction Materials Post and Beam Frame
Year Built 1979
View Harbor Lake
Levels One
Tax Year 2025
Current Use Resort
Waterfront Features Lake Front Lake View Lake Superior
Accessibility Partially Wheelchair Wheelchair Ramp(s)
Additional Parcels Description 510193140
County Cook
New Construction N
Property Type Commercial Sale
Contingency None
Directions Follow Hwy 61 north to Lutsen to address Solbakken resort sign turn right into lodge parking lot...there are no real estate signs.
City Lutsen
High School District Cook County
Zoning Description Business/Commercial
Number Of Units Total 101
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 26390
Additional Parcels Y/N Y
Standard Status Pending
Lender Owned No
Amenities Unit Deck Ethernet Wired Panoramic View Sauna
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Interior
Basement None
Basement (Y/N) N
Total Bedrooms 0
Total Baths 0
Ceiling Height Varied Heights
Fuel Electric Propane
Waterfront Feet 617
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Exterior
Parking Features Gravel Units Vary
Lot Features Accessible Shoreline Tree Coverage - Light
Water Source Drilled Well
Inclusions Building Business Land Other
Lot Size Area 5.33
Lot Dimensions 377x621 sq ft
Waterfront Y/N Y
Foundation Area 101
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Internal Only
Street Number 1 4860
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* Excluded Features
List By
Edina Realty, Inc. - Duluth

Broker

IngerAndress@edinarealty.com

Email

Affordability Calculator

$26,304
Per Month
92%
8%
0%
Monthly Principal & Interest
$24,105
Monthly Property Taxes
$2,199
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3048589 Elementary School
3048333 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2025$3,490,000 Listed Price

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4860, Lutsen, MN, 55612 is a Commercial Property for sale at $3,490,000 with a lot size of 5.33. 4860 was built in 1979. The property's zip code is 55612 which is in Lutsen, MN