For sale

Price cut: $40K (12/20)

$499,999

118 Rollins Rdg, Tofte, MN 55615

3beds

1,352sqft

Est.:

Single Family Residence

Built in ----

5 Acres Lot

$-- Zestimate^®

$370/sqft

$-- HOA

What's special

Southern viewsBeauty of the landNewer appliancesPrivate drivewayWalk-out basement

House for sale: possible investment property or a large family home. Here is an opportunity to own a slice of the North Shore located near Lutsen at the base of Olberg Mountain a favorite recreation area for hikers, bikers, cross-country skiers. Lutsen Mountains and the Superior National Golf Course also nearby. Don't let the exterior of this 3-4 bedroom home deter you from seeing the value in the homes interior, the beauty of the land and Rollins Creek trout stream to the east. This home has been a long term rental property for many years and is looking for new energy and tender loving care. Pad has been poured for a detached garage and the walk-out basement has great potential as a rental, work shop, office, etc. Southern views, house sits on a newer 26 x 50 concrete block foundation. Hardwood floors throughout. Classified as a 2-3 unit home. Newer appliances, wi-fi, private driveway.

58 days

487

3

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 1

Bedroom

Level: Main
Area: 90 Square Feet
Dimensions: 9 x 10

Bedroom

Level: Main
Area: 110 Square Feet
Dimensions: 10 x 11

Bedroom

Level: Main
Area: 121 Square Feet
Dimensions: 11 x 11

Bathroom

Level: Main
Area: 66 Square Feet
Dimensions: 6 x 11

Family room

Description: Split level could be used as family room and/or dining area open to kitchen.
Level: Main
Area: 350 Square Feet
Dimensions: 14 x 25

Kitchen

Description: Plenty of storage space, breakfast bar and kitchen appliances
Level: Main
Area: 140 Square Feet
Dimensions: 10 x 14

Living room

Description: South facing, hardwood floor access to outdoor deck
Level: Main
Area: 198 Square Feet
Dimensions: 11 x 18

Heating

Propane

Features

Basement: Full
Has fireplace: No

Interior area

Total interior livable area: 1,352 sqft
Finished area above ground: 1,352
Finished area below ground: 0

Property

Parking

Parking features: None

Lot

Size: 5 Acres
Dimensions: 330 x 660

Details

Foundation area: 1300
Parcel number: 270062430

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Other, Frame/Wood
Foundation: Concrete Perimeter

Condition

Previously Owned

Utilities & green energy

Electric: Arrowhead Electric
Sewer: Private Sewer
Water: Private

Community & HOA

HOA

Has HOA: No

Location

Region: Tofte

Financial & listing details

Price per square foot: $370/sqft
Annual tax amount: $9,999
Date on market: 11/7/2025
Cumulative days on market: 61 days

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
12/20/2025	Price change	$499,999-7.4%$370/sqft
Source: Lake Superior Area Realtors #6122841 Report a problem
11/7/2025	Listed for sale	$540,000$399/sqft
Source: Lake Superior Area Realtors #6122841 Report a problem