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  • $299,900

    1406 Balsam Ln, Lake Shore, MN 56468

    1beds
    786sqft
    : 
    $1,946/mo
    Get pre-qualified
    Single Family
    Built in 1970
    1.1 Acres Lot
    $288,200 Zestimate®
    $382/sqft
    $-- HOA

    What's special

    Detached one-car garageOriginal woodworkVintage detailsFireplace converted to electricFenced gardenSurrounded by mature treesLevel open yard
    Tucked among the trees on 1.1 acres in Lakeshore, this charming cottage offers an inviting way to enjoy life near Gull Lake. Located just off Interlachen Road, the home feels peaceful and private while keeping boating, dining, and year-round recreation close at hand. Gull Lake public access is just down the road, with local favorites including Cowboys and Zorbaz nearby. Inside, original woodwork, vintage details, and a cozy living room fireplace give the home a warmth and character that newer homes simply can’t recreate. Original oak flooring remains beneath the current flooring in the living room and bedroom, offering even more potential to bring its timeless cottage style to life. The home features one bedroom and one bath, along with a lower-level room currently used as an additional bedroom. With the right offer, the seller is willing to finish out the basement and install an egress window in that space. Recent improvements include a roof and HVAC system within the past five years, a new on-demand water heater, and a fireplace converted to electric. Outside, the level, open yard is surrounded by mature trees and includes a fenced garden, greenhouse, patio, and detached one-car garage. Comfortable as a year-round home yet perfectly suited for an affordable cabin retreat, this is a rare opportunity to stay close to the action of the Gull Lake Chain while still having room, privacy, and a quiet place to unwind. It may also offer short-term rental potential, subject to applicable regulations and buyer verification. Take a closer look at all the charm this Lakeshore cottage has to offer!
    38 days
    667
    38

    Zillow last checked:

    Listing updated:

    Listed by:

    Melissa Karels 218-851-7805,

    LPT Realty, LLC.,

    Camryn Lucksinger 218-330-2493

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7138630MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • 3/4 bathrooms: 1
      Bathroom
      • Description: Main Floor 3/4 Bath
      Dining room
      • Description: Eat In Kitchen
      Heating
      • Forced Air, Fireplace(s)
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Dishwasher, Electric Water Heater, Water Filtration System, Microwave, Range, Refrigerator
      • Laundry: Electric Dryer Hookup, Lower Level
      Features
      • Basement: Block,Egress Window(s),Finished
      • Number of fireplaces: 1
      • Fireplace features: Electric
      Interior area
      • Total structure area: 1,143
      • Total interior livable area: 786 sqft
      • Finished area above ground: 786
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached Garage, Gravel
      • Garage spaces: 1
      • Details: Garage Dimensions (20 x 18)
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 1.1 Acres
      • Dimensions: 150 x 200 x 200 x 100 x 212
      Details
      • Additional structures: Garage(s), Greenhouse, Storage Shed
      • Foundation area: 480
      • Parcel number: 904371262
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Roof: Age 8 Years or Less
      Condition
      • New construction: No
      • Year built: 1970

      Utilities & green energy

      • Electric: Circuit Breakers
      • Gas: Natural Gas
      • Sewer: Tank with Drainage Field
      • Water: Drilled

      Community & HOA

      Community
      • Subdivision: Tingdale Bros Sherwood Forest On Gull Lake
      HOA
      • Has HOA: No
      Location
      • Region: Lake Shore

      Financial & listing details

      • Price per square foot: $382/sqft
      • Tax assessed value: $121,200
      • Annual tax amount: $816
      • Date on market: 9/8/2026

        Estimated market value

        $288,200

        $274,000 - $303,000

        $1,186/mo

        Price history

        DateEventPrice
        9/10/2026Listed for sale$299,900$382/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7138630 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$612 -22.5%$121,200 -14.5%
        2024$790 +3.9%$141,700
        2023$760 +9.2%$141,700 +8.2%
        2022$696 +3.3%$131,000 +30.5%
        2021$674 -8.9%$100,400 +4.9%
        2020$740 +13.5%$95,700 +9%
        2019$652 +16.8%$87,800 +6.7%
        2018$558 $82,300
        2017-- $82,300
        2016$356 --
        2015$356 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 56468

        Getting around

        1 / 100
        Car-Dependent
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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