Golf for Sale | 12.06% Cap Rate | Top-Rated 27-Hole Course on Lake Superior

5731 Highway 61 Lutsen, MN 55612

5731 Highway 61, Lutsen, MN, 55612
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FOR SALE
Property Type:
Other Special Purpose
Amount:
$2,900,000
Last Verified:
Mar 27, 2025

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Highlights

  • 12.06% cap rate - Premier 27-hole golf course located on 213.16 acres in the popular outdoor vacation destination of Lutsen, MN
  • Set between the North Shore of Lake Superior and the Sawtooth Mountain Range, the majestic views make for an unparalleled experience
  • One of MN's top 10 destination golf courses with a recent multimillion-dollar renovation
  • Also included are the 4,500 sf clubhouse with pro shop, bar and grill, golf simulator, and outdoor patio along with a driving range and putting green
  • Owned by the Cook County / Grand Marais Joint EDA, the sale will require a process of approvals and stipulations that are described in the offering materials

Description

SVN | Northco is proud to present the listing of Superior National Golf Course at Lutsen ("Property"), a premier golf destination located on Minnesota's iconic North Shore of Lake Superior. Nestled in the breathtaking beauty of the Sawtooth Mountains and just steps from Lake Superior’s shoreline, this pristine golf course offers a one-of-a-kind experience for players of all skill levels. Superior National features 27 holes of championship golf, including the renowned River and Canyon "Premier 18" designed by acclaimed golf course architect Jeffrey Brauer, and the versatile Mountain 9, perfect for a quick round or a family-friendly game of FootGolf.

The property boasts a fully equipped clubhouse with a pro shop, bar and grill, and golf simulator, providing year-round recreation and relaxation. Guests can enjoy additional amenities, including a driving range, putting green, lessons, equipment rentals, and a beverage cart.

Superior National’s $4.6 million renovation of the River and Canyon Nines completed in 2018 solidified its status among Minnesota’s top 10 golf courses. Offering everything from scratch player challenges to beginner-friendly layouts, the Property guarantees an unparalleled golfing experience, making it a must-visit location for avid golfers and vacationers along the North Shore.

Lutsen, Minnesota, is a charming community located in Cook County along the scenic North Shore of Lake Superior. Nestled between the Sawtooth Mountains and the lake, Lutsen offers breathtaking views and serves as a gateway to some of Minnesota's most stunning natural landscapes. Known for its outdoor recreation opportunities, Lutsen is a hub for visitors exploring the Superior Hiking Trail, the Boundary Waters Canoe Area Wilderness, and the many state parks in close proximity.

Lutsen is home to Lutsen Mountains, Minnesota’s largest ski resort, which offers year-round activities. In winter, it’s a premier destination for skiing and snowboarding, with 95 runs spread across four mountains. During the warmer months, visitors can enjoy scenic gondola rides, hiking trails, and mountain biking, all offering spectacular views of Lake Superior.

The proximity to Lake Superior provides endless opportunities for fishing, kayaking, and relaxing on its rocky beaches. Lutsen's lakeshore boasts a serene and picturesque setting, with nearby waterfalls and forested bluffs adding to the region's allure.

Surrounding Lutsen, the Superior National Forest offers dense woodlands, pristine lakes, and abundant wildlife. It is a favorite spot for hiking, birdwatching, and camping, making it a year-round destination for nature lovers.

Proximity to Larger Cities:
90 miles northeast of Duluth, MN
100 miles southwest of Thunder Bay, ON
245 miles northeast of Minneapolis, MN
330 miles northeast of Fargo, ND

Airports within reasonable distance include Duluth International Airport (90 miles) and Thunder Bay International Airport (100 miles).





Building Size: 4500sq ft
Lot Size: 213.16 acres


Documents

Sale Brochure - Superior National Golf Course at Lutsen.pdf

Map of 5731 Highway 61, Lutsen, MN, 55612

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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