Tofte Trails
Property Details
Sale Price: |
Property Description
SVN | Northco is pleased to present, as exclusive advisor to ownership, the sale of Tofte Trails ("Property"), a premier luxury resort nestled on 17 acres in Tofte, Minnesota, with breathtaking views of Lake Superior. The Property currently features five upscale vacation rental cabins, which combine old wood charm with modern amenities and are strategically positioned to take advantage of the property's gentle slope, offering stunning views of the lake through the forest. Tofte Trails is an adults-only, dog-friendly getaway located near the Boundary Waters Canoe Area Wilderness and one of only 13 dark sky sanctuaries on Earth. Minutes from Lutsen Mountains Ski Resort, Superior National Golf Course, and numerous hiking trails, this property is perfectly situated for outdoor enthusiasts seeking a serene yet adventurous retreat. The Property offers prime expansion potential, with 1 acre of land providing direct access to Highway 61. The surrounding land supports future development to the east and west, with infrastructure in place for additional water systems and a planned sauna build.
Additional development opportunities are available, including the potential to construct up to 12 additional cabins on the property.
Highlights
- 9.5% Cap Rate | Luxury resort on 17 acres in Tofte, Minnesota, with breathtaking views of Lake Superior
- Five upscale vacation rental cabins with a blend of old wood charm with modern amenities, positioned on a slope offering scenic views of the lake
- Energy efficient Eco Resort combining sustainability and luxury
- Tofte Trails is an adults-only, dog-friendly resort near the Boundary Waters and one of 13 global dark sky sanctuaries, ideal for outdoor enthusiasts
- Located minutes from Lutsen Mountains Ski Resort, Superior National Golf Course, and numerous hiking trails, it's perfect for adventure seekers
- The Property offers expansion potential with 1 acre of land providing direct access to Highway 61, ideal for future development
- The Property's sister resort, Cuyuna Cove in Crosby, MN, is also available for sale
Map
Location Description
Tofte, Minnesota, is a charming town located on the shores of Lake Superior in Cook County, in the northeastern part of the state. Nestled within the Sawtooth Mountains, Tofte offers stunning views of both the lake and the surrounding wilderness. The town is part of the North Shore region, known for its rugged landscapes, pristine forests, and the dramatic beauty of Minnesota's largest freshwater lake. Tofte is about 82 miles northeast of Duluth and serves as a gateway to the Superior Hiking Trail, offering numerous opportunities for outdoor adventure. Known for its Scandinavian heritage and small-town atmosphere, Tofte provides a peaceful and welcoming environment for residents and visitors alike.
Lake Superior's rocky shoreline near Tofte is popular for scenic drives, boating, and kayaking. The cold, clear waters of the lake are surrounded by forested areas that are ideal for hiking, wildlife viewing, and camping. The lake is also known for its excellent fishing, with species such as lake trout, salmon, and walleye thriving in its waters. The nearby Temperance River State Park and George H. Crosby Manitou State Park offer additional opportunities for outdoor activities, making Tofte a favored destination for nature enthusiasts and adventurers.
The Superior National Forest, which surrounds Tofte, is home to a vast network of trails, rivers, and lakes. The region is part of the greater Boundary Waters Canoe Area Wilderness (BWCAW), providing access to miles of canoe routes and pristine waterways. Visitors can enjoy hiking along the Superior Hiking Trail, exploring scenic overlooks, waterfalls, and dense woodland.
Proximity to larger cities:
82 miles northeast of Duluth, MN
232 miles northeast of Minneapolis, MN
300 miles northeast of Fargo, ND
Airports in close proximity include Duluth International Airport (82 miles), Range Regional Airport (110 miles), and Falls International Airport (175 miles).