Cheap homes for sale & real estate in Lutsen, MN

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ABOUT THIS HOME
Cheap Home for sale in Lutsen, MN:
20 magical acres in Lutsen! Just past Caribou Lake, deep in the cedar woods lies the perfect cabin adventure. Off-grid turnkey with all the comfortable amenities you'd need to enjoy this magical oasis! There is even a Bunkhouse for when extra guests want to join in the magic. Endless discoveries including the moss covered path leading to 300 ft of waterfront on Murmur Creek or head to the other side of the property to find the oldest cedar tree recorded in the state of Minnesota - approximately 550 years old! You'll know it when you see it. No neighbors in sight. Bring your boat and fishing rod - Ward Lake has fantastic Pike fishing and Deeryard Lake walley are just down the road. In the wi

$234,900

1 bed1 bath300 sq ft

991 Ward Lake Rd, Lutsen, MN 55612

Wood stove • 300 ft of waterfront • 20 magical acres

ABOUT THIS HOME
Cheap Home for sale in Lutsen, MN:
Experience the perfect North Shore getaway in this light-filled, lofted one-bedroom, two-bath end-unit condo at Lutsen Mountains. Extra windows throughout bring in tons of natural light, and true ski-in/ski-out access makes hitting the slopes effortless. The layout comfortably sleeps up to six and offers serene views of the Poplar River falls as well as ULLR and Mystery Mountain. Enjoy worry-free ownership with a rental management program already in place to help offset expenses—an ideal blend of adventure, comfort, and convenience.

$299,000

1 bed2 baths675 sq ft

111 Bridge Run Ln #111, Lutsen, MN 55612

Serene views • $944 HOA • Pool

ABOUT THIS HOME
Cheap Home for sale in Lutsen, MN:
Rare 3-bedroom, 2-bath townhome at Caribou Highlands Resort - a true ski-in/ski-out gem at Lutsen Mountains! This beautifully updated property features 2024 upgrades including new flooring, furnishings, décor, and linens, creating a fresh and inviting retreat. Currently a successful short-term rental, this home comes with strong rental history and bookings extending well into the 2026 ski season. Whether you’re looking for a personal getaway or an income-producing investment, this fully equipped townhome offers the perfect blend of comfort, convenience, and North Shore charm. Don’t miss your chance to own a prime piece of Lutsen!

$445,000

3 beds2 baths1,250 sq ft

511 Moose Mountain Dr, Tofte, MN 55615

North shore charm • Ski-in ski-out • Short-term rental

3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Lutsen, MN:
Looking for a project to make your own on the North Shore? Look no more, this 2 bedroom home sitting on 1.5 acres in downtown Lutsen is it! From the original hardwood floors under the carpet to the 2 large bedrooms upstairs, there is a ton of potential to add your own visions to this home. You can easily move in right away and start working on the updates you want to do. The kitchen and living room on the main floor have a ton of natural light. The walk out lower level has plenty of room for you to store all your seasonal gear, and still have space for the washer, dryer and maybe a freezer, plus the New furnace that was installed in 2023. The property is zoned both General Commercial and Re

$285,000

2 beds1 bath1,200 sq ft

5281 Highway 61, Lutsen, MN 55612

Zoned residential • Natural light • Walk out lower level

3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Lutsen, MN:
Welcome to Lutsen! This home sits on 5 acres of prime location! The home is solid and well maintained. This property is close to all the action: Lutsen Mts, Superior National Golf Course, Hiking, XC and Snowmobile Trails, Grand Marais, the BWCA, boating and exploring Caribou Lake – on and on, it’s endless Northwoods fun. The home is 3 bedroom, full bath, enclosed breezeway attaches the two-car garage. Spacious kitchen with plenty of custom cabinets. Down below, in the dry basement, is a lot of unfinished space awaiting the next owner’s vision. Beautiful, mature yard. Incredibly tasty water from a flowing, artesian well. And, there is another well, too, good for watering p

$399,000

3 beds1 bath1,240 sq ft

532x Caribou Trl, Lutsen, MN 55612

Mature yard • 5 acres • Artesian well

Property at 128 Bridge Run Ln Unit B, Lutsen, MN 55612, 1 bed, 1 bath

$219,500

1 bed1 bath624 sq ft

128 Bridge Run Ln Unit B, Lutsen, MN 55612

Property at 521 Moose Mountain Dr Unit A, Lutsen, MN 55612, 2 beds, 2 baths

$85,000

2 beds2 baths1,100 sq ft

521 Moose Mountain Dr Unit A, Lutsen, MN 55612

Property at 122 Bridge Run Ln Unit A, Tofte, MN 55615, 1 bed, 2 baths

$338,000

1 bed2 baths675 sq ft

122 Bridge Run Ln Unit A, Tofte, MN 55615

Property at 529 Moose Mountain Dr, Tofte, MN 55615, 2 beds, 3 baths

$449,000

2 beds3 baths1,100 sq ft

529 Moose Mountain Dr, Tofte, MN 55615

Property at XXD Pine Peak Rd, Lutsen, MN 55612

$58,000

— beds— baths— sq ft

XXD Pine Peak Rd, Lutsen, MN 55612

Property at 2850 Caribou Trl, Lutsen, MN 55612

$299,999

— beds— baths— sq ft

2850 Caribou Trl, Lutsen, MN 55612

Property at xx W Deeryard Lake Rd, West Cook, MN 55612

$389,900

— beds— baths— sq ft

xx W Deeryard Lake Rd, West Cook, MN 55612

Property at 5361 Hwy 61 W, Lutsen, MN 55612

$179,900

— beds— baths— sq ft

5361 Hwy 61 W, Lutsen, MN 55612

Property at 5xx Caribou Trl, Lutsen, MN 55612

$300,000

— beds— baths— sq ft

5xx Caribou Trl, Lutsen, MN 55612

Property at 3XX Boulder Point Rd, Lutsen, MN 55612

$295,000

— beds— baths— sq ft

3XX Boulder Point Rd, Lutsen, MN 55612

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ABOUT THIS HOME
Cheap Home for sale in Lutsen, MN:
Stunning Lakefront Living on Lake Superior! Embrace the charm of lakeside living with this beautiful one-bedroom, one-bathroom condominium with wood burning fireplace at the iconic Chateau LeVeaux. Whether you're seeking a serene lakefront retreat, a rental income opportunity, or a combination of both, this home offers the perfect blend of relaxation and investment potential. Enjoy breathtaking, unobstructed views of Lake Superior from every window and a private patio just steps from the water. Two staircases provide private access to the lake, making it even easier to enjoy the water at your leisure. The open-concept living and dining area provides ample space to unwind, while the remodel

$270,000

1 bed1 bath484 sq ft

6626 W Highway 61 #8, Tofte, MN 55615

Lakefront living • Remodeled kitchen • Private patio

ABOUT THIS HOME
Cheap Home for sale in Lutsen, MN:
Due North of Lutsen and deep in the Northwoods is some private land, nearly 40 acres essentially surrounded by the vast Superior National Forest. Just shy of the BWCA and the beautiful and epic Brule Lake, this is an opportunity to own property in an area where there is very little private property. It’s enmeshed in a sprawling forest ecosystem where “neighbors” are furry, four-legged, feathered, and keep to themselves. It is private and remote, yet power and fiber are right at the road. Only a handful of years ago, it was a mad dream to think utilities would come out this way. Now, a remote home or cabin can be as connected as the new owner likes. All this on a well maint

$299,900

— beds— baths— sq ft

xxx The Grade, Lutsen, MN 55612

Private land • Nearly 40 acres • Little cascade lake

Based on information submitted to the MLS GRID as of Fri Nov 28 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Cheap Homes for Sale in Lutsen

There are currently 15 cheap homes for sale in Lutsen at a median listing price of $331K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Lutsen stay on the market for 102 days. This map is refreshed with the newest listings in Lutsen every 15 minutes.

In the past month, 1 home has been sold in Lutsen. In addition to houses in Lutsen, there were also 5 condos, 3 townhouses, and 1 multi-family unit for sale in Lutsen last month. Find your dream home in Lutsen using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Lutsen are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Lutsen. Our Lutsen real estate stats and trends will give you more information about home buying and selling trends in Lutsen. If you're looking to sell your home in the Lutsen area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Lutsen with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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