Rare Pike Lake Multi-Unit Lakefront Estate! This remarkable 2 $875,000

Lake Home For Sale

Rare Pike Lake Multi-Unit Lakefront Estate! This remarkable 2.62-acre estate with 96 feet of prime lakefront on beautiful Pike Lake has been owned by the same family for over 50 years -- and now it's your opportunity to make it yours. This may be one of the only residential properties on Pike Lake that is zoned for multi-unit rental. The estate features four separate single-family homes, totaling 5 bedrooms and 5 bathrooms, all sharing direct lakefront access. Whether you're envisioning a family retreat, a shared getaway with friends, or an investment property with rental income potential, this is a truly one-of-a-kind opportunity. Currently configured as four independent rental units (each one with some sort of storage), the property could easily continue generating income or be reimagined as your private lakeside compound. Enjoy boating, fishing, relaxing, or simply taking in the peace and beauty Pike Lake is known for. Property Breakdown: o Home 1: 1 bed, 1 bath, 544 sq ft. Nestled halfway down the wooded driveway, this cozy cabin features multiple decks, a steel roof, and a peaceful, secluded vibe. o Home 2 (Main Home): 2 bed, 2 bath, 1,260 sq ft. ADA compliant, this spacious home boasts a large master suite with private bath and laundry. Incredible lake views from both the living room and a welcoming deck. o Home 3: 1 bed, 1 bath, 449 sq ft. Located right on the shoreline and just steps from the fire pit, this lakefront charmer offers a bonus sitting area and the soothing sound of waves right outside your window. o Home 4: 2 bed, 1 bath, 816 sq ft. With panoramic lake views from the living room, this home's unfinished lower level holds massive potential. An overhead door just feet from the shoreline opens up even more possibilities--imagine a true walk-out to the lake! About Pike Lake: Pike Lake is a crystal-clear, 500-acre gem of the Northland, prized for its natural beauty, high-quality homes, and unbeatable location--just minutes from Canal Park, downtown Duluth, and top shopping destinations. Nearby, enjoy the Pike Lake Golf Beach Club, which features a par-32, 9-hole executive course, a sand-bottom beach, bocce ball, pickleball, volleyball, bean bags, and a lakeside restaurant with patio seating. Don't miss your chance to own a truly rare, versatile, and stunning lakefront property. Schedule your showing today--you won't be disappointed!