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Active NEW!
$550,000
/mo Edit
Single Family:  2 Stories
4 br • 3 ba • Built 2003
1,588 sqft • 6.2 acres
Alexandria schools
MLS# 6640004
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    Property Description

    Discover an extraordinary opportunity nestled on 6.2 pristine wooded acres with dual water frontage on Lake Rachel and a private pond. This partially completed home presents a rare chance to customize your dream lakeside sanctuary or realize the property's tremendous development potential, all while enjoying convenient proximity to the amenities and attractions of nearby Alexandria. The 6.2 private acres feature mature woodland, dual water frontage on Lake Rachel and a private pond, with significant subdivision potential for multiple homesites. This end-of-road location ensures maximum privacy and serenity, complete with established well and septic system. Multi-tiered walkways and decks lead gracefully to the lakefront where a dock and boat lift are already installed. The contemporary two-story home under construction is approximately 70% complete, featuring a dramatic vaulted great room that creates an impressive focal point. Premium exterior finishes include a new steel roof and cement fiberboard siding built for durability and low maintenance. The energy-efficient in-floor heating system with electric boiler promises year-round comfort, while the oversized two-car garage with individual stalls provides ample space for vehicles and storage. The current state of completion offers a unique opportunity to customize interior finishes to your exact preferences. This exceptional property offers multiple pathways to realize value. You could bring your vision to complete this thoughtfully designed lakefront residence, taking advantage of the approximately 70% of construction already completed. The major investments in infrastructure and structural elements are in place, allowing you to focus on personalizing interior spaces and finishes to create your ideal lake retreat. Alternatively, the generous 6.2-acre parcel presents significant subdivision potential, subject to local regulations. Create a private retreat, lucrative Airbnb rental, or explore opportunities for multiple homesites in this coveted lakefront location. Situated at the end of a private road, this secluded property offers the perfect balance of accessibility and privacy. While immersed in the tranquility of your own wooded sanctuary, you'll appreciate the convenience of being just minutes from Alexandria's shopping, dining, and entertainment options. The property's strategic location gives you easy access to everything you need without sacrificing the peaceful lake country lifestyle you desire. Don't miss this rare opportunity to secure a substantial lakefront property with exceptional development potential or to complete a custom residence in this pristine natural setting, perfectly positioned for both peaceful seclusion and convenient access to regional amenities.

    Listing

    Contingency: None
    Price per sq ft: $346
    City: Holmes City Twp
    County: Douglas
    State: MN
    Property Style: 2 Stories
    Zip Code: 56327
    Subdivision Name: Plat Of The Sub

    Interior

    Living Area: 1,588 ft2
    Common Wall: No
    Basement Details:
    • 8 ft+ Pour
    • Drain Tiled

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 22'8x12
    Garage Size: 544 ft2
    Air Conditioning: None
    Foundation Size: 2,153 ft2
    Fencing: None
    Handicap Accessible: None
    Heating System:
    • Boiler
    • Radiant Floor
    Parking Features:
    • Attached Garage
    • Gravel
    Exterior Material: Fiber Cement
    Roof Details:
    • Age 8 Years or Less
    • Metal
    • Pitched

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: None
    3/4 Baths: 2

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Rachel
    Waterfront View: East, Lake, Panoramic, South
    DNR Lake ID#: 21016000
    WF Frontage: 354
    Lake Chain Name: N
    Lake Acres: 448
    Lake Depth: 65
    Waterfront:
    • Dock
    • Lake Front
    • Lake View
    • Other

    Lot & Land

    Acres: 6.2
    Geolocation: 45.806875, -95.557726
    Lot Dimensions: 448 x 74 x 289 x 278 x 69 x 30 x 48 x 107 x 177 x 250 x 384 x 165 x 198 x 15
    Zoning: Residential-Single Family
    Lot Description: Many Trees

    Schools

    School District: 206
    District Phone: 320-762-2141

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $2,726
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,726
    Association Fee Required: No
    Association Fee: None

    Units

    Second Unit: Easily Divided

    Miscellaneous

    Fuel System: Electric
    Sewer System:
    • Private Sewer
    • Tank with Drainage Field
    Water System:
    • Private
    • Well

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    Listing provided by RMLS, courtesy of Engel & Volkers Minneapolis Downtown.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.