OFF MARKET

Off Market Oct 2019 for $206K

$340,666

•

896

sq ft

4438 Thomas Lake Rd, Two Harbors, MN 55616

About this home

Single-familyProperty Type

1988Year Built

12 acresLot Size

$380Est. Price/Sq.Ft.

Listed by Sue Bott

Bought with Sue Bott • RE/MAX Professionals - Two Harbors

Redfin checked: a minute ago

•Source:LSAR #6086789

Redfin Estimate

$340,666

$135K since sold in October 2019$17K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 31.5% higher than the average sale price ($259K) of 6 comparable homes.

SOLD JUN 1, 2026
$363,000
A
2 beds1 bath1,101 sq ft
2253 Fors Rd, Two Harbors, MN 55616
SOLD MAY 19, 2026
$190,000
B
2 beds— baths— sq ft
3451 Drummond Grade, Two Harbors, MN 55616
SOLD AUG 12, 2026
$35,900
C
1 bed1 bath792 sq ft
1602 Superior Shrs #119, Two Harbors, MN 55616
SOLD APR 21, 2026
$549,900
D
2 beds1 bath— sq ft
2015 Fors Rd, Two Harbors, MN 55616
SOLD JUN 26, 2026
$325,000
E
3 beds1.5 baths1,764 sq ft
3898 Highway 2, Two Harbors, MN 55616
SOLD APR 27, 2026
$90,000
F
2 beds— baths1,250 sq ft
4184 Bergstrom Rd, Two Harbors, MN 55616

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 55616, MN

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.4%

+1.3% MoM

Median sale price

$300K

$20K MoM

Avg. days on market

12d

16 days MoM

Recently sold homes

1 MoM

New listings for sale

$67,300
2 beds2 baths1,260 sq ft
1557 Superior Shrs #17, Two Harbors, MN 55616
$77,900
2 beds2 baths1,260 sq ft
1618 Superior Shrs #103, Two Harbors, MN 55616
$219,900
1 bed1 bath541 sq ft
540 4-3 Old North Shore Rd Unit Cabin 4 Share 3, Lake No. 2, MN 55616
$145,000
1 bed— baths704 sq ft
29-5610-18490 Landlocked Property - No Street Address, Two Harbors, MN 55616
$224,900
3 beds2 baths1,672 sq ft
722 8th Ave, Two Harbors, MN 55616
$449,900
3 beds2 baths1,500 sq ft
1349 Bourdage Rd, Two Harbors, MN 55616
3D WALKTHROUGH
$269,900
2 beds1 bath935 sq ft
317 1st Ave, Two Harbors, MN 55616
$250,000
3 beds1.5 baths1,008 sq ft
1838 Loop Rd, Two Harbors, MN 55616
$659,900
3 beds2.5 baths2,383 sq ft
2131 Highway 2, Two Harbors, MN 55616
$399,900
3 beds1 bath740 sq ft
1593 Kane Lake Rd, Two Harbors, MN 55616
See all

Provided by Redfin

Sale history for 4438 Thomas Lake Rd

Year

Property tax

Land + Additions

Assessment*

2026

$1,582 (+1.7%)

$104,500 + $151,300

$255,800

2025

$1,556 (+56.5%)

$100,100 + $142,800

$242,900

2024

$995 (−4.6%)

$100,100 + $142,900

$243,000

2023

$1,042 (−32.8%)

$86,300 + $144,300

$230,600

2022

$1,550 (−2.7%)

$80,300 + $92,300

$172,600

2021

$1,593 (+9.7%)

$80,300 + $92,300

$172,600

2020

$1,452 (+3.4%)

$80,300 + $70,100

$150,400

2019

$1,404 (+17.3%)

$80,300 + $64,900

$145,200

2018

$1,197 (−7.3%)

$85,500 + $37,600

$123,100

2017

$1,291

$99,100 + $36,100

$135,200

Tax history for 4438 Thomas Lake Rd

Year

Property tax

Land + Additions

Assessment*

2026

$1,582 (+1.7%)

$104,500 + $151,300

$255,800

2025

$1,556 (+56.5%)

$100,100 + $142,800

$242,900

2024

$995 (−4.6%)

$100,100 + $142,900

$243,000

2023

$1,042 (−32.8%)

$86,300 + $144,300

$230,600

2022

$1,550 (−2.7%)

$80,300 + $92,300

$172,600

2021

$1,593 (+9.7%)

$80,300 + $92,300

$172,600

2020

$1,452 (+3.4%)

$80,300 + $70,100

$150,400

2019

$1,404 (+17.3%)

$80,300 + $64,900

$145,200

2018

$1,197 (−7.3%)

$85,500 + $37,600

$123,100

2017

$1,291

$99,100 + $36,100

$135,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

10 Acres

Year renovated

2017

Sq. Ft.

896

Year built

1988

Style

Other

County

Lake County

APN

25-5511-23370

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 12, 2026.

Property details

Parking

Parking/Garage Information
Parking Features: None

Interior

Bathroom Information
# of Full Bathrooms: 1

Heating & Cooling
Has Heating
Heating: Baseboard, Electric, Floor Furnace

Interior Features
Interior Features: Master Downstairs

Room Information
Basement Details: None

Exterior

Exterior Features
Roof: Asphalt, Shingle

Building Information
Above Grade Finished Area: 896
# of Stories Total: 1

Property Features
On Waterfront
Waterfront Features: Lake, Waterfront Access
Has View

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Detached

Lot Information
Water Body Name: Thomas
Lot Size Dimensions: Irregular
Lot Size Acres: 12

Financial

Tax Information
Tax Annual Amount: $12,704

Utilities

Utility Information
Water Source: Private
Sewer: Private Sewer

Location

Schools Information
High School District: Lake Superior #381

Location Information
Directions: From Two Harbors, N on Hwy 2 approx 12 miles, turn L on County Rd 14, go 3.25 miles to Thomas Lake Road, turn R 1.25 miles to property.

Public facts

Beds: 1
Baths: 1.0
Sq. Ft.: 896
Stories: —
Lot Size: 10 acres
Style: Other
Year Built: 1988
Year Renovated: 2017
County: Lake County
APN: 25-5511-23370

Home facts updated by county records on Aug 12, 2026

Around this home

Schools

Minnehaha Elementary School

Public PreK-5 • Assigned • 14.9mi

6/10

Two Harbors Secondary

Public 6-12 • Assigned • 13.2mi

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

3/10 Fire Factor

0.31% chance of being in a wildfire in next 30 years

1/10 Heat Factor

7 days above 90° expected this year, 13 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Two Harbors, MN • 55616

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

$659,900

3 beds2.5 baths2,383 sq ft

2131 Highway 2, Two Harbors, MN 55616

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Land— sq ft

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29-5610-18490 Landlocked Property - No Street Address, Two Harbors, MN 55616

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New listings for sale in 55616

$67,300

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1557 Superior Shrs #17, Two Harbors, MN 55616

$77,900

2 beds2 baths1,260 sq ft

1618 Superior Shrs #103, Two Harbors, MN 55616

$219,900

1 bed1 bath541 sq ft

540 4-3 Old North Shore Rd Unit Cabin 4 Share 3, Lake No. 2, MN 55616

$145,000

1 bed— baths704 sq ft

29-5610-18490 Landlocked Property - No Street Address, Two Harbors, MN 55616

$224,900

3 beds2 baths1,672 sq ft

722 8th Ave, Two Harbors, MN 55616

$449,900

3 beds2 baths1,500 sq ft

1349 Bourdage Rd, Two Harbors, MN 55616

3D WALKTHROUGH

$269,900

2 beds1 bath935 sq ft

317 1st Ave, Two Harbors, MN 55616

$250,000

3 beds1.5 baths1,008 sq ft

1838 Loop Rd, Two Harbors, MN 55616

$659,900

3 beds2.5 baths2,383 sq ft

2131 Highway 2, Two Harbors, MN 55616

Home values near 4438 Thomas Lake Rd

Data from public records.

Address	Redfin Estimate
4322 Thomas Lake Road, Two Harbors, MN 3 Beds \| 2 Baths \| 2432 Sq. Ft.	$476,165
4368 Thomas Lake Road, Two Harbors, MN 2 Beds \| - Baths \| 1440 Sq. Ft.	$314,430

Address	Redfin Estimate
4386 Thomas Lake Road, Two Harbors, MN 3 Beds \| - Baths \| 896 Sq. Ft.	$323,398
4448 Thomas Lake Road, Two Harbors, MN 4 Beds \| 3 Baths \| 2754 Sq. Ft.	$693,648

Address	Redfin Estimate
4360 Thomas Lake Road, Two Harbors, MN 2 Beds \| 2 Baths \| 1744 Sq. Ft.	$420,232
4446 Thomas Lake Road, Two Harbors, MN 3 Beds \| - Baths \| 1280 Sq. Ft.	$430,847

Property information provided by LSAR when last listed in 2019. This data may not match . Learn more.

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