Lutsen Homes under $400,000

Welcome to Lutsen, Minnesota—a hidden gem nestled along the breathtaking shores of Lake Superior in Cook County. Known for its stunning natural beauty, Lutsen offers a unique blend of outdoor adventure and small-town charm. With the majestic Sawtooth Mountains as a backdrop, this vibrant community is a haven for nature lovers, outdoor enthusiasts, and those seeking a peaceful retreat from the hustle and bustle of city life.

Lutsen is renowned for its year-round recreational opportunities. In the winter, it transforms into a winter wonderland, attracting skiers and snowboarders to the popular Lutsen Mountains ski resort. As the seasons change, hiking, biking, and fishing become the main attractions, with countless trails and waterways waiting to be explored. The nearby Cascade River State Park and the scenic North Shore Scenic Drive provide ample opportunities for breathtaking views and unforgettable experiences.

For those considering a move to this picturesque locale, Lutsen offers a variety of homes under $400,000, making it accessible for first-time buyers and those looking for a vacation home. Whether you’re seeking a cozy cabin surrounded by nature or a charming cottage with lake views, you’ll find a diverse range of options to suit your lifestyle. Embrace the tranquility of Lutsen and discover the perfect place to call home amidst the splendor of Minnesota's North Shore.

Come explore Lutsen, where adventure meets serenity, and your dream home awaits!

Newest Lutsen Homes under $400,000

$324,900

1 Beds ⋅ 2 Baths ⋅ 7146756 MLS

TURN-KEY SKI-IN/SKI-OUT AT LUTSEN MOUNTAINS! Everything conveys with this beautifully renovated condo located within Caribou Highlands Resort - just bring your bags and start enjoying the North Shore. Thoughtfully updated with quality and comfort in mind, Birch Basin features stylish West Elm and Pottery Barn furnishings and linens, Casper mattresses, and two gorgeous bathrooms with spacious walk-in showers. The warm, modern Northwoods design creates the perfect retreat after a day on the mountain. Step outside and experience everything Lutsen has to offer right from your back door. Ski in and ski out in the winter, then spend the warmer months hiking, biking, golfing, and exploring the North Shore. Whether you're looking for a personal getaway, an investment property, or a little of both, this condo offers an incredible opportunity to own a truly turn-key property at Lutsen Mountains. HOA-owned amenities include an indoor pool and hot tub, outdoor pool, fitness center, and firepits throughout the resort. You'll also enjoy the convenience of an on-site gift shop and Moguls Grille & Tap Room. Fully furnished. Beautifully renovated. Turn-key. Ski-in/ski-out. Your Northwoods home away from home is ready and waiting.

132 Bridge Run Lane Unit B, Lutsen

Listing courtesy of Structure Real Estate LLC.

$399,000

2 Beds ⋅ 3 Baths ⋅ 7138870 MLS

Ski-in/ski-out living at Lutsen Mountains! This beautifully updated 2-bedroom, 2.5-bath townhome at Caribou Highlands Resort offers the perfect combination of North Shore adventure, resort amenities, and cozy mountain living. The inviting interior features soaring ceilings, expansive windows, a dramatic stone wood-burning fireplace, and warm Northwoods finishes throughout. With two bedrooms—including a spacious lofted upper-level suite—plus 2.5 baths, there’s plenty of room to gather and unwind. After a day on the slopes, retreat to your private in-unit sauna or relax fireside while taking in the peaceful wooded surroundings. A private deck, ski locker, and direct ski-in/ski-out access make four-season recreation effortless. Owners and guests enjoy access to Caribou Highlands amenities, including indoor and seasonal outdoor pools, hot tub, fitness center, playground, firepits, and more. Just minutes from Superior National Golf Course, hiking and biking trails, waterfalls, Lake Superior, and everything the Lutsen area has to offer. Offered fully furnished and currently operating as a short-term rental, making this an exceptional opportunity for a personal North Shore retreat, investment property, or both.

527 Moose Mountain Drive, Lutsen

Listing courtesy of Structure Real Estate LLC.

$279,000

1 Beds ⋅ 2 Baths ⋅ 7101471 MLS

Welcome to this beautiful lofted bedroom/2 bath alpine condo located within the Caribou Highlands Resort. This top-floor unit offers true ski-in/ski-out access to Lutsen Mountain and stunning views of Moose Mountain. It's the perfect North Shore retreat for all four seasons. Enjoy full resort amenities including an indoor and outdoor pool, hot tub, fitness center, firepits throughout the grounds, and on-site dining at Moguls Grill & Taproom. Ideally situated just 0.5 miles from North Shore Winery and 1 mile from Superior National Golf Course, with endless hiking, biking, skiing, and Lake Superior adventures nearby. This condo offers the opportunity to offset ownership costs through short-term rentals and is currently professionally managed by Escape Vacation Rental Management. **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.

135 Bridge Run Lane Unit B, Lutsen

Listing courtesy of Structure Real Estate LLC.

$195,000

1 Beds ⋅ 1 Baths ⋅ 7035322 MLS

Discover the perfect North Shore getaway with this ski-in/ski-out 1-bed, 1-bath main-level end unit (no stairs!) offering unmatched convenience and comfort. With updates throughout, this charming retreat is ideally situated—your dedicated parking spot is the closest to the entry door, making every arrival effortless. Step outside and hit the slopes at Lutsen Mountains—just steps from your door. In warmer months, enjoy premier access to world-class biking and hiking trails, or head a mile down the road to tee off at Superior National Golf Course. Afterward, unwind at the North Shore Winery, located just up the road. As part of a sought-after resort community, your HOA dues cover access to a full suite of premium amenities: Indoor & outdoor pools, Indoor hot tub, Game area with ping pong, Fitness center, Firepits throughout the property, and true ski-in/ski-out convenience. Whether you're seeking a personal mountain escape or a smart investment opportunity, this unit delivers. Generate rental income while growing your asset portfolio—and let that income help offset ownership costs. 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.

128 Bridge Run Lane Unit B, Lutsen

Listing courtesy of Structure Real Estate LLC.

$259,900

1 Beds ⋅ 2 Baths ⋅ 7007998 MLS

Welcome to this charming lofted one-bedroom condo located within the sought-after Caribou Highlands Resort community. The thoughtfully designed layout features a lofted bedroom with a full bathroom upstairs, plus an additional full bathroom on the main level—ideal for guests and added convenience. A cozy wood-burning fireplace anchors the living space, while true ski-in/ski-out access to Lutsen Mountain places you directly on the Bridge Ski Run. Enjoy year-round North Shore adventures just minutes away, including hiking, biking, skiing, and Lake Superior recreation. Resort amenities include an indoor pool, outdoor pool, hot tub, ping pong table, firepits throughout the grounds, and on-site dining at Moguls Grill & Taproom. This property is currently a short-term rental professionally managed by Escape Vacation Rental Management, offering both personal enjoyment and income potential. **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.

113 Bridge Run Lane Unit A, Lutsen

Listing courtesy of Structure Real Estate LLC.

$310,000

1 Beds ⋅ 2 Baths ⋅ 7000252 MLS

Once in a lifetime opportunity to own the best view at Caribou Highlands Lodge. This condo is completely updated and features panoramic views of Lake Superior and Moose Mountain. Ski in/Ski out at its finest-the deck over looks Moose Access ski trail to Moose Mountain. A very special end unit that has extra windows showcasing Moose Mountain. This 2-story alpine unit comfortably sleeps 6 people. It has 2 bathrooms, fully furnished kitchen, living room with vaulted ceilings and lofted bedroom. Updated furnishings, and updated bathrooms. Resort amenities are just steps away and include indoor and outdoor pool, indoor hot tub, game area with ping pong table, work out room, and onsite restaurant and tap room/bar. Sold fully furnished. A complete gem.

122 Bridge Run Lane Unit A, Lutsen

Listing courtesy of Lakes Family Real Estate/Otter Tail Real Estate.

Start Your Search

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.