My notes for this property


Add listing to my favorites (required)
Active
$1,800,000
/mo Edit
Single Family:  1.5 Stories
3 br • 2 ba • Built 1987
1,512 sqft • 5.262 acres
MLS# 6812816
My rating:
Request a Showing  
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Rarely does a property like this come to market. Set on over five acres with direct Green Lake frontage, this estate delivers the kind of space, privacy, and upside that’s getting harder to find on the Chisago Lakes Chain. With more than 5 acres of land, a 40x50 pole barn, and over 3, 000 square feet of combined garage space, this property is built for big plans, renovation, expansion, income, or redevelopment. The existing three-bedroom, two-bath home (built in 1987) sits on a solid foundation and is primed for a value-add transformation. Renovate the interior and exterior to create a modern luxury lake home, finish the lower level for additional living space, bedrooms, recreation areas, and entertaining zones, or explore an addition to increase total square footage and elevate the property into a true premier lakefront estate. For buyers focused on cash flow, the layout and setting also create a compelling opportunity to reposition the home as a luxury lakefront vacation rental—leveraging the acreage, the shoreline, and the recreational draw of Green Lake, while also exploring additional income potential by renting out the pole barn for storage or specialty use. Developers and builders will recognize another major upside: the parcel may offer the potential to be divided into three to four 1+ acre lots with the opportunity to build multiple single-family homes—similar to development activity seen on the neighboring parcel (buyer to verify subdivision and building feasibility with the city/county). Financing flexibility adds another layer of opportunity: the loan is assumable, and the seller is open to creative terms, making this a rare lakefront offering with both asset upside and deal-structure options. Minutes from downtown Chisago City and within easy reach of the Twin Cities, this is a true value-add lake property with multiple paths to create long-term wealth and legacy. Buyer agent to verify all measurements.

    Listing

    Contingency: None
    Price per sq ft: $1,190
    City: Chisago City
    County: Chisago
    State: MN
    Property Style: 1.5 Stories
    Zip Code: 55013

    Interior

    Living Area: 1,512 ft2
    Common Wall: No
    Basement Details:
    • Block
    • Full

    Exterior

    Stories: One and One Half
    Garage Spaces: 8
    Garage Size: 3,250 ft2
    Air Conditioning: Central Air
    Foundation Size: 1,512 ft2
    Handicap Accessible: None
    Out Buildings: Pole Building
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Detached Garage
    Unit Amenities:
    • Deck
    • Hot Tub
    Road Frontage: City Street
    Roof Details: Age 8 Years or Less

    Rooms

    1/4 Baths: None
    Full Baths: 2
    Half Baths: None
    3/4 Baths: None
    Level Size Sq Ft
    Garage  25 x 23  575 
    Level Size Sq Ft
    Other  40 x 50  2,000 
    Main Level Size Sq Ft
    Bedroom  11 x 13  143 
    Bedroom 2  13 x 12  156 
    Bedroom 3  11 x 12  132 
    Kitchen  13 x 11  143 
    Living Room  17 x 17  289 
    Dining Room  13 x 10  130 
    Family Room  15 x 14  210 
    Primary Bathroom  12 x 5  60 
    Other  7 x 8  56 
    Laundry  14 x 8  112 
    Sauna  8 x 9  72 
    Basement Level Size Sq Ft
    Other  56 x 26  1,456 

    Lake & Waterfront

    Waterfront: Lake Front

    Lot & Land

    Acres: 5.262
    Geolocation: 45.335988, -92.917533
    Lot Dimensions: Common
    Zoning: Residential-Single Family

    Farm

    Agricultural Water: Well

    Schools

    School District: 1048
    District Phone: 6512132096

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: None
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $10,052
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: Other
    Water System:
    • Lake Water
    • Well

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

    Apply Online     Contact Eric     Subscribe to My Newsletter    

    Listing provided by RMLS, courtesy of Keller Williams Premier Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.