Superior Shores Resort

1521 Superior Shores Drive, Two Harbors, MN 55616
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Property Description

SVN | Northco is pleased to present, as exclusive advisor to ownership, the sale of the Superior Shores Resort, the Lakehomes at Superior Shores (partial inventory), Burlington Bay Condominiums (partial inventory), and +/-14.84 acres of desirable development land with +/- 1,250 feet of shoreline at Burlington Bay ("Property"). Located in Two Harbors, MN, under 30 miles from the popular port city of Duluth, the Property consists of a diverse portfolio of real estate with all of the amenities that one would expect of one of the largest resorts in the state.

At Superior Shores, there are 39 total units, comprising two-bedroom condominiums and studio units. The lodge also features amenities such as the Vue North Restaurant, cross country skiing, pools & hot tubs, a fitness center, sauna, playgrounds, and much more.

At Burlington Bay, which is less than one mile from Superior Shores down Highway 61, the property includes seven two-bedroom condominium units and fifteen ⅛ ownership intervals, along with two three-bedroom condominium units—currently configured with a theatre room in place of a third bedroom—and seven ⅛ intervals of a three-bedroom penthouse condominium. Additionally, there are two five-bedroom executive suites and seven ⅛ intervals of a five-bedroom executive suite. These offerings continue to sell extremely well, with 21 transactions since early January 2024, with a listing break in the middle of the year.

The Lake Homes at Superior Shores feature fractional ownerships, including ⅞ intervals of a two-bedroom unit, ⅛ intervals of a one-bedroom unit, and ⅜ intervals of a three-bedroom unit. The development also includes eight contiguous parcels of land along the Lake Superior shoreline, totaling approximately 1,250 feet of frontage and 14.8 acres. Other assets consist of two five-bedroom houses in town used for staff housing, a six-bay garage serving as a maintenance compound, and various common areas, including the lobby and food and beverage facilities.

Highlights

  • Superior Shores Resort: All Lodge rooms are wholly owned, and it is one of the largest resorts on the North Shore of Lake Superior
  • The Lake Homes at Superior Shores: 1, 2, and 3 bedroom units are available , and fractional & whole ownership opportunities are available with on-site housekeeping and maintenance available
  • Burlington Bay Condominiums: 2, 3, & 5 bedroom units are available. There are also 3-bedroom penthouses and 5 5-bedroom executive Options with a tunnel system connecting all three buildings
  • Lake Superior Shoreline Development Land: +/-14.84 acres of desirable land with +/- 1,250 feet of shoreline on Lake Superior, approximately 25 miles from Duluth, MN

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Location Description

Two Harbors, MN is located 25 miles north of Duluth and an easy 2.5-hour drive from the Twin Cities metro. In this quaint town of 3,600 people, available are all the necessities of everyday living, from schools and industry, shopping, and restaurants, to attractions and activities. Moreover, Two Harbors also offers an escape from city life to relax at the forefront of the true beginning of Minnesota’s North Shore.

Lake Superior, the largest and northernmost of North America's Great Lakes, boasts an impressive expanse of over 31,700 square miles. Renowned for its crystal-clear waters, it holds the title of the largest freshwater lake by surface area globally. This majestic body of water, with its rugged shorelines and pristine beaches, plays a crucial role in the regional ecosystem and local economy, supporting diverse wildlife and vibrant communities. The Great Lakes system, comprising Lakes Superior, Michigan, Huron, Erie, and Ontario, forms the largest group of freshwater lakes on Earth by total area and the second-largest by total volume. These interconnected lakes span the U.S.-Canada border, serving as vital waterways for transportation, industry, and recreation. Collectively, they hold about 84% of North America's fresh surface water, underscoring their significance in sustaining both human and natural life across the region.

Distances from larger cities:

Duluth, MN - 27 miles northeast of Duluth
Minneapolis, MN - 187 miles northeast of Minneapolis

Nearby airports include Duluth International Airport (40 miles), Range Regional Airport (88 miles), and Minneapolis-Saint Paul International Airport (187 miles).

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