Lutsen Resort Poplar River Condominium with its luxury 3 bedroom unit is part of this resort community of income producing properties. Excellent rental income due to high demand for this unit--great views! Experience all the comfort of luxurious amenities and an endless list of recreation opportunities. Great North Shore investment on shared 20 acre property. Condo features full kitchen, living room, dining room, 3 baths, 3 fireplaces, Jacuzzi, decks overlooking the lake, and much more!
CondoProperty Type
1998Year Built
$339Est. Price/Sq.Ft.
Listed by NAN PLUDE BRADLEY• COLDWELL BANKER NORTHWOODS
Source:NORTHSTARMLS as Distributed by MLS Grid #5311821
Redfin Estimate
$624,906
$115K since sold in April 2025$4,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 29.8% higher than the average sale price ($481K) of 6 comparable homes.
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Earn from this home
Refinance
$0
Est. cash available
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Rent
$3,456/mo
Redfin rental estimate
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Market trends in 55612, MN
Last updated August 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-List Price
96.8%
+2.3% MoM
Median sale price
$556K
$83K MoM
Avg. days on market
37d
150 days MoM
Recently sold homes
6
2 MoM
Provided by Redfin
Sale history for 551 Poplar River Rd
Date
Event
Price
Public Records
Apr 29, 2025
Sold
$510,000
$277/sq ft
NORTHSTARMLS as Distributed by MLS Grid #5311821
Jun 1, 2017
Sold
$360,000
$195/sq ft
Jun 16, 2016
Listed
$399,000
$216/sq ft
+13
Lutsen Resort Poplar River Condominium with its luxury 3 bedroom unit is part of this resort community of income producing properties. Excellent rental income due to high demand for this unit--great views! Experience all the comfort of luxurious amenities and an endless list of recreation opportunities. Great North Shore investment on shared 20 acre property. Condo features full kitchen, living room, dining room, 3 baths, 3 fireplaces, Jacuzzi, decks overlooking the lake, and much more!
Year
Property tax
Land + Additions
Assessment*
2026
$4,000 (+10.7%)
$97,900 + $373,300
$471,200
2025
$3,612 (+16.5%)
$97,900 + $334,600
$432,500
2024
$3,100 (+4.0%)
$92,300 + $300,500
$392,800
2023
$2,982 (−20.1%)
$88,600 + $273,200
$361,800
2022
$3,732 (+3.0%)
$73,100 + $272,200
$345,300
2021
$3,624 (−10.7%)
$73,200 + $269,100
$342,300
2020
$4,058 (+19.8%)
$72,200 + $296,400
$368,600
2019
$3,386 (+6.3%)
$72,200 + $275,200
$347,400
2018
$3,184 (+6.8%)
$72,200 + $278,300
$350,500
2017
$2,980 (+9.2%)
$72,200 + $278,300
$350,500
2016
$2,730 (−2.5%)
$72,200 + $281,400
$353,600
2015
$2,800 (+2.3%)
$49,700 + $335,000
$384,700
2014
$2,736 (+1.0%)
$49,700 + $335,000
$384,700
2012
$2,710
$52,600
Tax history for 551 Poplar River Rd
Year
Property tax
Land + Additions
Assessment*
2026
$4,000 (+10.7%)
$97,900 + $373,300
$471,200
2025
$3,612 (+16.5%)
$97,900 + $334,600
$432,500
2024
$3,100 (+4.0%)
$92,300 + $300,500
$392,800
2023
$2,982 (−20.1%)
$88,600 + $273,200
$361,800
2022
$3,732 (+3.0%)
$73,100 + $272,200
$345,300
2021
$3,624 (−10.7%)
$73,200 + $269,100
$342,300
2020
$4,058 (+19.8%)
$72,200 + $296,400
$368,600
2019
$3,386 (+6.3%)
$72,200 + $275,200
$347,400
2018
$3,184 (+6.8%)
$72,200 + $278,300
$350,500
2017
$2,980 (+9.2%)
$72,200 + $278,300
$350,500
2016
$2,730 (−2.5%)
$72,200 + $281,400
$353,600
2015
$2,800 (+2.3%)
$49,700 + $335,000
$384,700
2014
$2,736 (+1.0%)
$49,700 + $335,000
$384,700
2012
$2,710
$52,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Heating & Cooling
Heating Type: Electric
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Exterior
Exterior Information
Building Style Type: Condominium
Construction Type: Frame
Roof Shape Type: Gable
Property Information
Subdivision Name: POPLAR RIVER RIDGE -1ST
Living Sq. Ft: 1,843
Building Sq. Ft: 1,843
# of Stories: 1.25
Legal Description: POPLAR RIVER RIDGE -1ST AMENDMENT UNIT 6A & 1/24 INT IN COMMON ELEMENTS
Lot Information
# of Buildings: 1
Land Sq. Ft: 1,145
Municipality Name: LUTSEN TWP
Acres: 0.0263
County Use Description: SHORT TERM RENTAL
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 1,843
Stories: 1.25
Lot Size: —
Style: Condo/Co-op
Year Built: 1998
Year Renovated: 2010
County: Cook County
APN: 27-294-0601
Home facts updated by county records on Jul 10, 2026
Around this home
Schools
Sawtooth Mountain Elementary School
Public PreK-5 • Assigned • 19.1mi
4/10
Cook County Middle School
Public 6-8 • Assigned • 19.1mi
4/10
Cook County Senior High School
Public 9-12 • Assigned • 19.1mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 82° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Tofte, MN • 55615
Average low and high temperatures (°F)
13
-3
22
2
34
14
44
26
61
37
71
50
75
54
72
53
70
49
55
37
36
24
21
5
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.7 hours in
June and 2.9 hours in December, placing it below the
U.S. average for solar exposure.