Duluth Homes for Sale on Lake Superior at Bargain Prices

Filed in Lakes, Lakeshore, Fish and More! by on October 17, 2010 0 Comments

If you think of Duluth homes for sale on Lake Superior, images of the extravagant Congdon Mansion might come to mind. This would be the case if you were not familiar with the local real estate market.

Here are a few lake homes for sale in Duluth that were recently submitted to the MLS:

See ALL other Duluth lakeshore properties for sale.

Did you know there are some very affordable single family Duluth homes for sale on Lake Superior, all within the Duluth city limits? Take a drive through Canal Park to Minnesota Avenue, and you will find some excellent bargains priced under 300K. In fact, at the time of this post, there was a two story on Minnesota Avenue for sale for only $229,900. What makes this so interesting is the fact that there is one just down the road from this one selling for just under 2M. Does this sound like an “inconsistent” neighborhood? There is tremendous variation on prices, but some of these sort of neighborhoods are in transition. Cheaper, older homes are being replaced by more upscale properties.

On your way out of Duluth on Highway 61, you may have noticed the variety of nice Lake Superior lakeshore homes for sale along North Shore Drive. You may be surprised to discover that some of these homes sell in the 300-400K price range, and include stately tudors and Victorians.

At the time of this post (10/17/2010) the Northstar Regional MLS indicated that there were six single family Duluth homes for sale on Lake Superior, with prices spanning from $229,900 to 1.9M, at an average asking price of $710,450.

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