Lakefront Luxury with Room to Roam – 127’ of Shoreline on Lake Shetek! Welcome to your dream retreat on the shores of beautiful Lake Shetek! This exceptional waterfront Ranch-style home, built in 2004, offers everything you’ve been looking for – and more. Nestled on a sandy beach with 127 feet of shoreline, this property blends elegant design with cozy lake life living. Step inside to discover spacious main-floor living with 9-foot ceilings and a vaulted, wood-accented ceiling in the living room that creates a warm and inviting ambiance. The open-concept layout flows seamlessly into a well-appointed kitchen featuring a center island – perfect for entertaining or casual family meals. The primary suite is a true sanctuary with a soaking tub, separate shower, and large walk-in closet. Two additional bedrooms, a ¾ bath, and an expansive 14x16 mud/laundry room complete the main floor.
The fully finished walk-out basement offers even more space to spread out, with a massive family room featuring a gas fireplace, two additional bedrooms, full bath, exercise room, and bonus spaces ready to adapt to your lifestyle – home office, hobby room, or guest area. Highlighted features include in-floor heating in the attached 3-car garage and a drain tile system in the basement for added peace of mind. Enjoy breathtaking lake views from nearly every room, or head outside to relax on the expansive composite deck or lower-level patio. The home’s exterior shines with durable cement board siding and new shingles. This property also includes a 100x200 back lot, ideal for a future garage, storage shed, or simply extra space to enjoy. Appliances, dock and pool table are included – just move in and start enjoying lake life!
Seller is open to considering a short-term Contract for Deed arrangement with at least 30% down, with remaining terms to be negotiated and subject to Seller’s approval.
Closed
$1,025,000
16 Pheasant Dr, Slayton, MN 56172
5beds
5,744sqft
Single Family
Built in 2004
0.83 Acres Lot
$1,028,200 Zestimate®
$178/sqft
$3,056 Estimated rent
Home value
$1,028,200
Estimated sales range
Not available
$3,056/mo
Zestimate® history
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List your homeWhat's special
Waterfront ranch-style homeGas fireplaceCenter islandLower-level patioNew shinglesWarm and inviting ambianceOpen-concept layout
Zillow last checked:
Listing updated:
Listed by:
Stacy M Like 507-836-8503,
Creative Three, Inc.
Bought with:
Stacy M Like
Creative Three, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6826077
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15x15
Bedroom 2
- Level: Main
- Area: 208 Square Feet
- Dimensions: 13x16
Bedroom 3
- Level: Main
- Area: 208 Square Feet
- Dimensions: 13x16
Bedroom 4
- Level: Basement
- Area: 256 Square Feet
- Dimensions: 16x16
Bedroom 5
- Level: Basement
- Area: 156 Square Feet
- Dimensions: 12x13
Exercise room
- Level: Basement
- Area: 225 Square Feet
- Dimensions: 15x15
Family room
- Level: Basement
- Area: 650 Square Feet
- Dimensions: 25x26
Flex room
- Level: Basement
- Area: 240 Square Feet
- Dimensions: 16x15
Other
- Level: Basement
- Area: 208 Square Feet
- Dimensions: 16x13
Kitchen
- Level: Main
- Area: 350 Square Feet
- Dimensions: 14x25
Laundry
- Level: Main
- Area: 224 Square Feet
- Dimensions: 14x16
Living room
- Level: Main
- Area: 416 Square Feet
- Dimensions: 26x16
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Air-To-Air Exchanger, Dishwasher, Dryer, Electric Water Heater, Water Osmosis System, Iron Filter, Microwave, Range, Refrigerator, Washer, Water Softener Owned
- Laundry: Laundry Room, Main Level
Features
- Basement: Drain Tiled,Egress Window(s),Finished,Full,Concrete,Sump Basket,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Family Room, Gas, Living Room
Interior area
- Total structure area: 5,744
- Total interior livable area: 5,744 sqft
- Finished area above ground: 2,872
- Finished area below ground: 2,836
Property
Parking
- Total spaces: 3
- Parking features: Attached, Concrete, Garage Door Opener, Heated Garage, Insulated Garage
- Attached garage spaces: 3
- Has uncovered spaces: Yes
- Details: Garage Dimensions (40x28)
Accessibility
- Accessibility features: Doors 36"+
Features
- Levels: One
- Stories: 1
- Patio & porch: Composite Decking, Deck, Patio
- Has view: Yes
- View description: East, Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front, Lake Bottom(Sand)
- Frontage length: Water Frontage: 127
Lot
- Size: 0.83 Acres
- Dimensions: 127 x 272, 100 x 210
- Features: Accessible Shoreline
Details
- Foundation area: 2872
- Additional parcels included: 151030050
- Parcel number: 151030180
- Zoning description: Shoreline,Residential-Single Family
- Other equipment: Fuel Tank - Rented
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 2004
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service
- Gas: Propane
- Sewer: City Sewer/Connected
- Water: Shared System, Well
Community & HOA
Community
- Subdivision: Dylans Lookout
HOA
- Has HOA: No
Location
- Region: Slayton
Financial & listing details
- Price per square foot: $178/sqft
- Tax assessed value: $1,067,900
- Annual tax amount: $8,586
- Date on market: 12/10/2025
- Cumulative days on market: 335 days
- Road surface type: Unimproved
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2026 | Sold | $1,025,000-6.8%$178/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6826077 Report a problem | ||
| 5/6/2026 | Pending sale | $1,100,000$192/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6826077 Report a problem | ||
| 4/7/2026 | Price change | $1,100,000-8.3%$192/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6826077 Report a problem | ||
| 12/10/2025 | Listed for sale | $1,200,000-11.1%$209/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6826077 Report a problem | ||
| 12/1/2025 | Listing removed | $1,350,000$235/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6726083 Report a problem | ||
| 5/27/2025 | Listed for sale | $1,350,000$235/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6726083 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,278 +12.3% | $1,067,900 +8.3% |
| 2024 | $5,590 +14.1% | $985,700 -0.6% |
| 2023 | $4,898 -6.7% | $991,600 +30.7% |
| 2022 | $5,252 +9.7% | $758,800 +15% |
| 2021 | $4,788 -0.2% | $659,700 +11.5% |
| 2020 | $4,798 +908.4% | $591,900 |
| 2019 | $476 -89.8% | $591,900 |
| 2018 | $4,658 +3.5% | $591,900 +1.4% |
| 2017 | $4,502 | $583,800 |
| 2016 | -- | -- |
| 2015 | -- | -- |
| 2014 | -- | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 56172
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Nearby schools
GreatSchools rating
- 8/10Murray Co. Central Elementary SchoolGrades: 2-6Distance: 7.8 mi
- 8/10Murray County Central SecondaryGrades: 7-12Distance: 7.9 mi
- NAMurray County Central ElementaryGrades: PK-1Distance: 7.9 mi
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- Minnesota
- Murray County
- Slayton
- 56172
- 16 Pheasant Dr
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