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  • $840,000

    1850 Petes Point Ln SW, Alexandria, MN 56308

    4beds
    3,422sqft
    Single Family
    Built in 1993
    1.43 Acres Lot
    $840,300 Zestimate®
    $245/sqft
    $2,739 Estimated rent

    Home value

    $840,300

    $773,000 - $908,000

    $2,739/mo

    Zestimate® history
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    What's special

    Loads of storageFreshly painted throughoutBrand new kitchen appliancesUpdated countertops and hardware
    Life on lobster is better. Come tour this one-of-a-kind property where the lake comes to a point at the narrows. This unique property offers 400+ feet of shoreline and a park like setting that overlooks sunsets and sunrises. One side of the point is for swimming, one side is for boats and fishing. Some of the interior updates in Sept of 2026 include brand new kitchen appliances, updated countertops and hardware, freshly painted throughout, updated flooring in the entry and half bath and basement bathroom. The wood floors have also been refreshed and with a light refinish to make this home stunning and move-in ready. The floor plan is fantastic and the setting is ideal; the cathedral ceilings with walls of windows offers you a panoramic view of the lake. The primary suite offers an attached office, that can be a flex room, walk- in closet or additional bedroom. The basement offers a full walkout, real wood fireplace plus wood box, and three more bedrooms, and loads of storage. The home has been well maintained with a new well pump in 2017, maintenance free deck & railing in 2022, new roof in 2022, new furnace and AC in 2023, brand new septic in Oct 2026. The landscaping is ornate, offering steps, a cascading sidewalk, and a trail all down to the level plateau Lakeside. Need more room? The three stall garage offers ample storage and parking, not to mention an additional one stall, detached heated and AC shop/garage. Come see fall in love with a new home on Lobster.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joanna Hvezda 320-266-6053,

    Real Estate by Jo, LLC,

    Casey Olson 307-371-7176

    Bought with:

    Chad Cramble

    National Realty Guild

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7152045MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 195 Square Feet
    • Dimensions: 13x15
    Bedroom 2
    • Level: Lower
    • Area: 159.5 Square Feet
    • Dimensions: 11x14.5
    Bedroom 3
    • Level: Lower
    • Area: 152.25 Square Feet
    • Dimensions: 10.5x14.5
    Bedroom 4
    • Level: Lower
    • Area: 203 Square Feet
    • Dimensions: 14x14.5
    Primary bathroom
    • Level: Main
    • Area: 96 Square Feet
    • Dimensions: 8x12
    Bathroom
    • Level: Main
    • Area: 30 Square Feet
    • Dimensions: 5x6
    Bathroom
    • Level: Lower
    • Area: 57.5 Square Feet
    • Dimensions: 5x11.5
    Dining room
    • Level: Main
    • Area: 135 Square Feet
    • Dimensions: 13.5x10
    Family room
    • Level: Lower
    • Area: 535.5 Square Feet
    • Dimensions: 21x25.5
    Flex room
    • Level: Lower
    • Area: 168 Square Feet
    • Dimensions: 14x12
    Foyer
    • Level: Main
    • Area: 231 Square Feet
    • Dimensions: 21x11
    Kitchen
    • Level: Main
    • Area: 141.75 Square Feet
    • Dimensions: 13.5x10.5
    Laundry
    • Level: Main
    • Area: 96 Square Feet
    • Dimensions: 16x6
    Living room
    • Level: Main
    • Area: 660 Square Feet
    • Dimensions: 27.5x24
    Office
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Other
    • Level: Lower
    • Area: 408 Square Feet
    • Dimensions: 34x12
    Storage
    • Level: Lower
    • Area: 42 Square Feet
    • Dimensions: 7x6
    Walk in closet
    • Level: Lower
    • Area: 36 Square Feet
    • Dimensions: 9x4
    Heating
    • Forced Air, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Electric Water Heater, Water Osmosis System, Microwave, Range, Refrigerator, Washer
    • Laundry: Electric Dryer Hookup, Main Level, Upper Level, Washer Hookup
    Features
    • Basement: Daylight,Finished,Full,Storage Space,Walk-Out Access
    • Number of fireplaces: 2
    • Fireplace features: Decorative, Family Room, Masonry, Gas, Living Room, Wood Burning
    Interior area
    • Total structure area: 3,540
    • Total interior livable area: 3,422 sqft
    • Finished area above ground: 1,770
    • Finished area below ground: 1,652

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Detached Garage, Asphalt, Garage Door Opener, Insulated Garage, Multiple Garages, Paved Lot
    • Attached garage spaces: 3
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Fencing: None
    • Has view: Yes
    • View description: Lake, Panoramic, South
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front, Waterfront Elevation(10-15), Lake Bottom(Gravel, Hard, Reeds, Sand, Soft)
    • Frontage length: Water Frontage: 439
    Lot
    • Size: 1.43 Acres
    • Dimensions: 439 x 328 x 50 x 310
    • Features: Accessible Shoreline, Island/Peninsula, Tree Coverage - Medium
    Details
    • Additional structures: Garage(s)
    • Foundation area: 1770
    • Parcel number: 450418000
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Frame
    • Foundation: Wood
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1993

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Propane
    • Sewer: Private Sewer
    • Water: Drilled, Private, Well

    Community & HOA

    Community
    • Subdivision: Paulins Paradise 2nd Add
    HOA
    • Has HOA: No
    Location
    • Region: Alexandria

    Financial & listing details

    • Price per square foot: $245/sqft
    • Tax assessed value: $691,300
    • Annual tax amount: $5,444
    • Date on market: 10/1/2026
    • Cumulative days on market: 91 days

    Price history

    DateEventPrice
    10/27/2026Sold$840,000-4%$245/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7152045 Report a problem
    10/13/2026Pending sale$875,000$256/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7152045 Report a problem
    10/3/2026Listed for sale$875,000-2.8%$256/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7152045 Report a problem
    8/9/2026Listing removed$899,900$263/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7073206 Report a problem
    6/15/2026Price change$899,900-2.7%$263/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7073206 Report a problem
    5/30/2026Price change$925,000-4.5%$270/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7073206 Report a problem
    5/19/2026Listed for sale$969,000$283/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7073206 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,402 -2.3%$691,300 +4%
    2024$5,530 -1.3%$665,000 +4.2%
    2023$5,602 +4.8%$638,000 +8.3%
    2022$5,344 +3.8%$588,900 +14%
    2021$5,150 -0.2%$516,400 +7.4%
    2020$5,158 +5.7%$480,600 +1.6%
    2019$4,880 -1.8%$472,900 +2%
    2018$4,968 +8.9%$463,800 +0.5%
    2017$4,560 -3.1%$461,600 +4.6%
    2016$4,706 -0.8%$441,350
    2015$4,742 --
    2014-- $438,300
    2013-- --
    2012-- --
    2011$4,908 -2.6%--
    2010$5,041 --
    Find assessor info on the county website

    Neighborhood: 56308

    Nearby schools

    GreatSchools rating
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