Tofte Homes under $400,000

Welcome to Tofte, Minnesota – a hidden gem nestled along the breathtaking shores of Lake Superior. This charming community in Cook County is a haven for nature lovers and adventure seekers alike. With its stunning landscapes, abundant outdoor activities, and close-knit atmosphere, Tofte offers a unique blend of serenity and excitement that makes it an ideal place to call home.

One of the most appealing aspects of Tofte is its affordability in the real estate market. For those looking to settle in this picturesque area, there are fantastic homes available for under $400,000. Whether you’re searching for a cozy cabin retreat, a charming single-family home, or a modern condo with panoramic views, Tofte has something to fit every lifestyle and budget. Many properties boast stunning vistas of the surrounding forests and lakes, providing a perfect backdrop for your everyday life.

In addition to its beautiful homes, Tofte is surrounded by an array of recreational opportunities. The nearby Superior National Forest and the iconic North Shore Scenic Drive offer hiking, biking, and winter sports, making it easy to enjoy the great outdoors year-round. Plus, with local shops, restaurants, and community events, you’ll find a warm and welcoming atmosphere that makes Tofte feel like home.

If you’re ready to explore the possibilities of living in this enchanting part of Minnesota, Tofte awaits you with open arms and a variety of homes under $400,000 that are just waiting to be discovered. Come experience the beauty and community spirit of Tofte – your dream home is just around the corner!

Newest Tofte Homes under $400,000

$219,900

ACTIVE Status ⋅ 1 Baths ⋅ 7092576 MLS ⋅ 420 SqFt.

Discover the perfect North Shore getaway with this ski-in/ski-out studio within the Caribou Highlands Resort in beautiful Lutsen, Minnesota. Ideally situated near the intersection of Bridge Run and Moose Access ski trails, this mountainside condo places you just steps from some of the best skiing on the North Shore. Location is everything, and this property puts year-round adventure right at your fingertips. Spend your days skiing, snowboarding, hiking, mountain biking, exploring nearby state parks, or taking in the breathtaking beauty of Lake Superior and the Sawtooth Mountains. As an owner, you'll enjoy access to Caribou Highlands Resort's amenities, including an indoor pool, outdoor pool, hot tub, fitness center, and the popular on-site Moguls Grille & Tap Room. Whether you're looking for a personal retreat, a weekend escape, or a four-season vacation property, this versatile studio offers endless possibilities. Currently professionally managed by Escape Vacation Rental Management, the property has a proven history of vacation rental activity that may help offset a portion of ownership expenses. **INVESTMENT PROPERTY INCENTIVE:** Buyer may qualify for a reduced vacation rental management rate through Escape Vacation Rental Management following closing. Management services are completely optional and subject to a separate management agreement. Listing agent has an ownership interest in Escape Vacation Rental Management. Ask for details.

109 Bridge Run Lane Unit A, Tofte

Listing courtesy of Structure Real Estate LLC.

$199,000

ACTIVE Status ⋅ 1 Beds ⋅ 1 Baths ⋅ 7081738 MLS ⋅ 588 SqFt.

Experience elevated mountain living in this stunning ski-in/ski-out residence within the prestigious Caribou Highlands community in Lutsen. This turn-key condominium offers seamless slope access and a refined blend of comfort, style, and year-round recreation. The open-concept living area is anchored by a striking dry-stacked stone fireplace—perfect for cozy après-ski evenings. Expansive windows lead to a private deck with sweeping views of the surrounding hills and forest. Enjoy peaceful sunrises with your morning coffee and unwind with tranquil North Shore sunsets, often accompanied by visiting wildlife. The updated kitchen features quartz countertops and stainless steel appliances, while a newly remodeled bathroom adds modern appeal. A spacious bedroom plus additional sleeping accommodations make hosting family and guests effortless. Residents enjoy access to resort-style amenities, including indoor and outdoor pools, hot tub, sauna, and spa. Ideally located near the Poplar River, Cascade State Park, and Grand Marais, this property offers excellent potential as both a personal retreat and an income-generating investment. Enjoy the essence of refined North Shore living in every season.

124B Bridge Run Lane Unit B, Tofte

Listing courtesy of Edina Realty, Inc. - Duluth.

$395,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7045491 MLS ⋅ 1,105 SqFt.

Exceptional opportunity to own a 3-bedroom, 2-bath townhome at Caribou Highlands Resort, perfectly positioned in the heart of North Shore adventure. Ski right out your back door to Lutsen Mountains and some of the best skiing and snowboarding in the Midwest, with incredible hiking, biking, golf, waterfalls, and Lake Superior adventures just minutes away. Beautifully updated in 2024 with new flooring, furnishings, décor, and linens, this turnkey townhome is ready to enjoy from day one. Owners and guests have access to a full lineup of resort amenities, including indoor and outdoor pools, hot tub, fitness center, and firepits throughout the grounds. Currently operating as a successful short-term rental, the property offers a strong rental history with future reservations extending into the 2027 ski season. Whether you're looking for your own North Shore basecamp, an income-producing vacation rental, or the best of both, this property puts you at the center of everything that makes the North Shore a four-season destination. **INVESTMENT PROPERTY INCENTIVE:** Buyer may qualify for a reduced vacation rental management rate through Escape Vacation Rental Management following closing. Management services are completely optional and subject to a separate management agreement. Listing agent has an ownership interest in Escape Vacation Rental Management. Ask for details.

511 Moose Mountain Drive, Tofte

Listing courtesy of Structure Real Estate LLC.

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