This Is Now The Most Expensive Home Sold In Duluth, MN In 2024

There are fantastic properties throughout Minnesota, and Duluth features a nice blend of homes with historic charm, lakefront properties, and flat-out amazing properties.

However, in 2024, one home stood above them all in not just beauty but also in value. As of December 22, this property was the most expensive sold in Duluth all year.

Take a look through this property and you'll see why.

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The Most Expensive Home Sold In Duluth In 2024

In October of 2023, a custom oasis hit the market in Duluth. Sitting on 3 acres at 123 Montauk Lane, this 5,302-square-foot palace was built in 2010 and features 5+ bedrooms and 5 baths.

The home is meticulously constructed and here are just a few of the seemingly endless highlights:

Imported 125-year-old floors from France in the main room
Lake views from almost every room
A wood-fired pizza oven and the TV wall in the Primary Suite
Triple Glazed Anderson windows
A wood-burning "Quadra-fire" high-efficiency fireplace in the living room
A heated 3 car garage with epoxy floor and a second building ( 32 x 52) with second level & solar panels
A Gourmet Kitchen decked out with a Miele oven, coffee maker & steam oven, Capital Culinarian Gas stove with BBQ, griddle & 4 burners, Viking Refrigerator, 3 " rugged concrete" Ceaserstone- topped oversized center Island
An awe-inspiring "Megadeck" addition complete with a stamped concrete covered patio below. This addition is wide open to Lake Superior and has to be seen to be believed

The home went on the market in October 2023 for $2.4 million and was officially sold on August 16, 2024, for just under the asking price. As of December 22, it was the most expensive home sold in Duluth in 2024. Look through all the property has to offer and see what it ultimately sold for.

Gallery Credit: David Drew

Historic Minnesota Bank Transformed Into Home Has Now Been Sold

Duluth is home to some unique, rich-with-history homes, and it's always cool to check them out when they hit the market.

However, a home that hit the market at the end of August 2024 may be the most unique yet as it's the former historic bank building in Duluth's Morgan Park.

The 2,530-square-foot historic bank building was built in 1918, and over the past two years, it has been masterfully transformed into a turn-key private residence with one bedroom and five baths. All of the interior finishings and cabinetry have been custom-built or made to complete this transformation, along with the main floor bath, which includes a walk-in closet.

As much as the bank has been transformed, I think it's cool that they maintained some of the character of the bank including the original intact and functioning vaults with safety deposit boxes, gates, the original historic drinking fountain, and even a bulletproof glass overlook from the loft above. Did I mention the property includes 4 city lots and a 17,000-square-foot asphalt parking lot?

Other amenities include:

Walls that are at least 20" thick reinforced concrete
A lower level featuring high ceilings with additional living space and extra storage
A large drive-in basement garage with a huge workshop area.
An on-demand wall-mounted hot water tank inside
Finishing tuckpointing of the exterior bricks

You'll also love what they did with the 'Customer Vault'!

The home initially went on the market for $499,000, but it was sold in October for less than that asking price. Take another look through this cool property and see what they paid in the last picture.

Gallery Credit: David Drew

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Construction Underway To Bring Duluth Armory To Life

A major 58 million dollar project has begun to bring Duluth's historic Armory back to life. The building will be used for events, weddings, and parties. There are plans for London Road retail space and helping small upstart businesses.

Gallery Credit: Ken Hayes