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  • $2,000,000

    163 Pancore Lake Rd, Tofte, MN 55615

    --beds
    --baths
    38.89Acres
    Unimproved Land
    Built in 1977
    38.89 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Altitude offers unmatched views
    This rare parcel sits at the edge of federal land, perched just above the serene Temperance River. From the property, you can hear the river trickling through the valley—a short walk brings you directly to its banks, where nature greets you with quiet beauty. At 1,660 feet elevation, this is the highest private listing in the state. The altitude offers unmatched views and a sense of seclusion that’s hard to find anywhere else. Minutes from world-class brook trout fishing, cross-country skiing, hiking, and snowmobiling trails, this location is a gateway to year-round outdoor recreation. Whether you're casting a line or carving fresh powder, adventure is always close. Lake Country Power has secured a grant to bring electricity to Pancore Lake Road in spring 2026, making future development even more accessible. Tofte Township allows short-term rentals and Airbnb use on this parcel. Multiple structures are permitted, making it ideal for a cluster of rental cabins or a family compound. This is a fresh building slate in one of Minnesota’s most coveted wilderness corridors. Whether you're dreaming of a private retreat, an investment in eco-tourism, or a legacy property, this land offers unmatched elevation, privacy, and natural wonder. Call for more info, thank you!
    58 days
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    346
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    6
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    Zillow last checked: 8 hours ago

    Listing updated: January 05, 2026 at 08:41pm

    Listed by:

    Shelby Peltier 763-402-2230,

    Edina Realty, Inc.

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6794976MLS Logo

    Facts & features

    Interior

    Features
    • Has basement: No

    Property

    Features
    • Waterfront features: Creek/Stream
    Lot
    • Size: 38.89 Acres
    • Dimensions: 647 x 1964 x 128 x 654 x 645 x 1311
    • Topography: High Ground,Rolling
    Details
    • Parcel number: 252293200
    • Zoning description: Forestry

    Utilities & green energy

    • Utilities for property: Private Well Available, Private Well Connected

    Community & HOA

    Community
    • Features: No
    HOA
    • Has HOA: No
    Location
    • Region: Tofte

    Financial & listing details

    • Tax assessed value: $220,800
    • Annual tax amount: $1,406
    • Date on market: 11/24/2025
    • Inclusions: None

    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,404/mo

    Price history

    Price history
    DateEventPrice
    11/24/2025Listed for sale$2,000,000
    Source: NorthstarMLS as distributed by MLS GRID #6794976 Report a problem
    9/29/2025Listing removed$2,000,000
    Source: NorthstarMLS as distributed by MLS GRID #6794976 Report a problem
    9/26/2025Listed for sale$2,000,000+566.7%
    Source: NorthstarMLS as distributed by MLS GRID #6794976 Report a problem
    1/25/2024Sold$300,000
    Source: Lake Superior Area Realtors #6110010 Report a problem
    12/28/2023Contingent$300,000
    Source: Lake Superior Area Realtors #6110010 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$1,406 +84.5%$220,800 +4.5%
    2024$762 -46%$211,200 +32.4%
    2023$1,410 +17.3%$159,570 -30%

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 55615

    Nearby schools

    GreatSchools rating