$743,800
- 4 Beds
- 3.5 Baths
- 3,600 sqft (on 10 acres)
5040 Lester River Rd, Duluth, MN 55804
Currently Off Market - Sold Sep 12, 2016 for $465,000
Home Value
Trulia Estimate
$744KSince last month
Decreased$16K (-2.1%)Since last year
Increased$33K (+4.6%)Since last sale
Increased$284K (+61.1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +61% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $749K |
| July 2026 | $765K |
| June 2026 | $769K |
| May 2026 | $756K |
| April 2026 | $733K |
| March 2026 | $723K |
| February 2026 | $708K |
| January 2026 | $701K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.86 | Single-Family Home | $699,000 | 06/15/26 | 6 | 4 | 3,327 | |
1.09 | Single-Family Home | $496,000 | 12/15/25 | 4 | 2 | 2,344 | |
1.13 | Single-Family Home | $1,750,000 | 06/11/26 | 7 | 3.5 | 4,590 | |
1.54 | Single-Family Home | $690,000 | 08/07/26 | 5 | 3 | 3,415 | |
1.67 | Single-Family Home | $400,000 | 10/14/25 | 4 | 2 | 1,695 | |
1.34 | Single-Family Home | $325,000 | 09/04/25 | 4 | 3 | 2,004 | |
1.95 | Single-Family Home | $645,000 | 06/30/26 | 4 | 3 | 2,804 | |
2.43 | Single-Family Home | $425,000 | 09/16/25 | 4 | 2 | 2,383 | |
1.70 | Single-Family Home | $890,000 | 02/11/26 | 3 | 2 | 2,106 | |
1.98 | Single-Family Home | $809,000 | 08/03/26 | 4 | 2.5 | 2,258 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.40 | - | - | - | - | Off Market | |
0.40 | - | - | - | - | Off Market | |
0.42 | $199,900 | - | - | - | For Sale | |
0.42 | $199,900 | - | - | - | For Sale | |
0.42 | $149,900 | - | - | - | For Sale | |
0.42 | $149,900 | - | - | - | For Sale | |
0.42 | $149,900 | - | - | - | For Sale | |
0.42 | $149,900 | - | - | - | For Sale | |
0.42 | $149,900 | - | - | - | For Sale | |
0.42 | $149,900 | - | - | - | For Sale | |
0.42 | $149,900 | - | - | - | For Sale | |
0.42 | $149,900 | - | - | - | For Sale |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1993
Lot Size
10 acres
Living Area
3,600 sqft
Price/Sqft
$207
Parking
Garage
About this House
Wonderful family home close to Duluth's best amenities and schools! Your home is close to the best of Duluth including 2 minutes from the Lakewalk for biking to Canal Park or work, mountain bike trails, hiking, XC skiing, paddle boarding on Lake Superior, swimming, stream fishing, waterfalls, golfing, ice skating and more! If you're seeking privacy you have your very own 9.9 acres of trails for skiing, snowshoeing, biking and hiking!
After your busy day out, retreat back to the comfort of your 4+ bedroom home with sauna, hot tub, indoor/outdoor built-in sound system, and gourmet kitchen for hosting your family an friends, overlooking a private, wooded backyard. (acres with trails and seasonal creek) Main floor foyer, parlor, & LR/DR combination w/gas fireplace. 4+ BRs upstairs. Master BR suite w/2 walk-in closets, full bath & a separate office. Huge loft over the att heated garage. New garage doors, new triple-glazed windows, 6-panel doors, all new tile, carpet and hardwood floors! LL features a work area, rec room, sauna w/changing room & a separate hot tub room. Large maintenance free PVC deck in back. Relax in this serene setting.
Property includes an EXCEPTIONAL 36 X 54 heated workshop/pole building with two 14 ft tall X 12 ft wide doors for indoor RV parking. 8" concrete slab w/ long center drain.
After your busy day out, retreat back to the comfort of your 4+ bedroom home with sauna, hot tub, indoor/outdoor built-in sound system, and gourmet kitchen for hosting your family an friends, overlooking a private, wooded backyard. (acres with trails and seasonal creek) Main floor foyer, parlor, & LR/DR combination w/gas fireplace. 4+ BRs upstairs. Master BR suite w/2 walk-in closets, full bath & a separate office. Huge loft over the att heated garage. New garage doors, new triple-glazed windows, 6-panel doors, all new tile, carpet and hardwood floors! LL features a work area, rec room, sauna w/changing room & a separate hot tub room. Large maintenance free PVC deck in back. Relax in this serene setting.
Property includes an EXCEPTIONAL 36 X 54 heated workshop/pole building with two 14 ft tall X 12 ft wide doors for indoor RV parking. 8" concrete slab w/ long center drain.
5040 Lester River Rd, Duluth, MN 55804 is a 4 bedroom, 1 bathroom, 3,600 sqft single-family home built in 1993. It last sold for $465,000 on Sep 12, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $743,800, with a rent estimate of $2,557/month.
Home Details for 5040 Lester River Rd
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Interior Details BasementAdditional StorageNumber of Rooms: 12Types of Rooms: Walk In Closet, Dining Room, Family Room, Laundry Room, Master Bath, Office, Recreation Room, WorkshopStorage |
Heating & Cooling Heating: Electric, GasAir ConditioningCooling System: WallHeating Fuel: Electric |
Levels, Entrance, & Accessibility Stories: 2Floors: Tile, Carpet, Hardwood |
Appliances & Utilities DishwasherDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa FireplaceHot Tub or SpaJetted Bath Tub |
Security Security System |
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Exterior Home Features Roof: Shake ShingleDeckExterior: Stone, Vinyl, Wood Products, Cement ConcreteLawnPatioPorch |
Parking & Garage GarageParking Spaces: 7Parking: Garage Attached, Garage Detached, Off Street |
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Year Built Year Built: 1993 |
Property Type / Style Property Type: Single Family HomeArchitecture: Craftsman |
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Units in Building: 1 |
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Lot Area: 10.00 acres |
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RV Parking Rv Parking |
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Pool Sauna |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 24, 2021 Source: N/A | ListingRemoved | |
Jun 7, 2020 Source: N/A | ListingRemoved | $549,900 |
May 23, 2020 Source: N/A | Listed For Sale | $549,900 |
Oct 7, 2019 Source: N/A | ListingRemoved | $550,000 |
Sep 26, 2019 Source: N/A | PriceChange | $550,000 Price decreased by 1% |
Sep 23, 2019 Source: N/A | PriceChange | $554,900 Price increased by 4% |
Jul 24, 2019 Source: N/A | Listed For Sale | $534,900 |
Sep 12, 2016 Source: Lake Superior Area Realtors as distributed by MLS GRID #6020061 | Sold | $465,000 |
Aug 5, 2016 Source: Agent Provided | Pending | $484,900 |
Jul 12, 2016 Source: Agent Provided | PriceChange | $484,900 Price decreased by 3% |
Apr 19, 2016 Source: Agent Provided | PriceChange | $499,900 Price decreased by 6% |
Jan 26, 2016 Source: Agent Provided | Listed For Sale | $529,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $6,182 | $544,600 |
Home facts updated by county records
Market trends in Duluth
Last updated July 2026
Avg. sale price
$304K
$11.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$204
$10MoM
Available listings
280
24MoM
Around this home
What Locals Say about Duluth
At least 620 Trulia users voted on each feature.
93 % Say it's dog friendly
80 % Say yards are well-kept
78 % Say car is needed
78 % Say there are sidewalks
78 % Say there's wildlife
78 % Say parking is easy
68 % Say kids play outside
67 % Say there's holiday spirit
66 % Say people would walk alone at night
59 % Say it's walkable to restaurants
58 % Say neighbors are friendly
52 % Say it's quiet
50 % Say it's walkable to grocery stores
50 % Say streets are well-lit
50 % Say they plan to stay for at least 5 years
36 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 5040 Lester River Rd
- What is 5040 Lester River Rd estimated to be worth?Trulia's estimated value for 5040 Lester River Rd in Duluth, MN is $743,800.
- What is the price history for 5040 Lester River Rd?5040 Lester River Rd in Duluth, MN last sold for $465,000 in September 2016.
- Is Duluth a buyer's or seller's market?Duluth is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Duluth?The median sale price in Duluth is $304K. That is up $11.67K from the prior month.
- Does 5040 Lester River Rd have air conditioning?Yes, 5040 Lester River Rd in Duluth, MN has air conditioning.
- Does 5040 Lester River Rd have laundry facilities?Yes, 5040 Lester River Rd in Duluth, MN has in-unit laundry.

