Tucked along the quieter waters of Stewart’s Bay on Pelican Lake, this property represents the kind of place families have been gathering at in the Breezy Point area for generations. Pelican Lake is one of the most sought-after lakes in the Brainerd Lakes Area, with more than 8,000 acres of boating, fishing, and exploring, and Stewart’s Bay is especially loved by longtime lake owners for its protected shor eline and calmer water while still offering quick access out to the main lake. It is the kind of setting where mornings start with coffee by the water, afternoons turn into boat rides across Pelican Lake, and evenings end with sunset reflections over the bay.
Located just minutes from Breezy Point Resort, championship golf, restaurants, and the small town charm of nearby Nisswa, Crosslake, and Pequot Lakes, the property sits in the heart of one of Minnesota’s most recognizable lake destinations. Buyers searching for Pelican Lake homes often look for this exact combination of location and lifestyle. Quiet water for swimming, kayaking, and docking the pontoon, with immediate access to the larger lake for fishing, boating, and exploring miles of shoreline.
The home itself offers an opportunity that many buyers on Pelican Lake are actively searching for today. Rather than paying a premium for a fully renovated property, this allows the next owner to bring their own vision and gradually shape it into their ideal lake retreat. Offered as is and where is, it provides a chance to secure a Pelican Lake address in a location where properties rarely change hands, especially in Stewart’s Bay, where the water is calmer, the setting is peaceful, and the lifestyle is exactly what buyers picture when they imagine owning a cabin in the Brainerd Lakes Area.
Closed
$360,000
31693 Stewarts Bay Dr, Breezy Pt, MN 56472
2beds
1,296sqft
Single Family
Built in 1940
0.42 Acres Lot
$361,300 Zestimate®
$278/sqft
$1,668 Estimated rent
Home value
$361,300
$307,000 - $423,000
$1,668/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Noah Goedker 612-751-9303,
eXp Realty
Bought with:
Easton Maucieri
Larson Group Real Estate/Kelle
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7033505
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- 3/4 bathrooms: 2
Bedroom
- Level: Main
- Area: 111.53 Square Feet
- Dimensions: 12'2"x9'2"
Bedroom 2
- Level: Upper
- Area: 205.56 Square Feet
- Dimensions: 15'5"x13'4"
Dining room
- Level: Main
- Area: 141.83 Square Feet
- Dimensions: 15'4"x9'3"
Kitchen
- Level: Main
- Area: 105.08 Square Feet
- Dimensions: 13'x8'1"
Living room
- Level: Main
- Area: 160.35 Square Feet
- Dimensions: 14'11"x10'9"
Sun room
- Level: Main
- Area: 94.72 Square Feet
- Dimensions: 10'4"x9'2"
Heating
- Baseboard, Forced Air
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer, Water Softener Owned
- Laundry: Laundry Closet, Main Level
Features
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 1,296
- Total interior livable area: 1,296 sqft
- Finished area above ground: 1,296
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Detached Garage, Gravel, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage, Storage
- Garage spaces: 3
- Has uncovered spaces: Yes
- Details: Garage Dimensions (24x27)
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Deck, Porch, Wrap Around
- Pool features: None
- Has view: Yes
- View description: Bay, South
- Has water view: Yes
- Water view: Bay
- Waterfront features: Lake Front, Waterfront Elevation(0-4), Lake Bottom(Soft)
- Frontage length: Water Frontage: 86
Lot
- Size: 0.42 Acres
- Dimensions: 86 x 201 x 110 x 195
- Features: Accessible Shoreline
Details
- Additional structures: Storage Shed
- Foundation area: 820
- Parcel number: 82120563
- Zoning description: Shoreline,Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Block, Frame
- Roof: Age Over 8 Years,Asphalt,Metal
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Gas: Natural Gas
- Sewer: Private Sewer
- Water: Well
Community & HOA
Community
- Subdivision: Stewarts Bay Village
HOA
- Has HOA: No
Location
- Region: Breezy Pt
Financial & listing details
- Price per square foot: $278/sqft
- Tax assessed value: $443,700
- Annual tax amount: $1,631
- Date on market: 3/16/2026
- Cumulative days on market: 41 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Sold | $360,000-10%$278/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7033505 Report a problem | ||
| 4/30/2026 | Pending sale | $399,900$309/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7033505 Report a problem | ||
| 4/20/2026 | Price change | $399,900-6.3%$309/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7033505 Report a problem | ||
| 4/1/2026 | Price change | $426,900-5.1%$329/sqft |
Source: eXp Realty #7033505 Report a problem | ||
| 3/20/2026 | Listed for sale | $449,900$347/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7033505 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,631 +9.2% | $437,083 +17.1% |
| 2024 | $1,493 -2.2% | $373,100 +9.7% |
| 2023 | $1,527 +17.2% | $340,118 +3% |
| 2022 | $1,303 +0.9% | $330,199 +57.6% |
| 2021 | $1,291 -8.8% | $209,536 +12.1% |
| 2020 | $1,415 +15% | $186,864 +0.1% |
| 2017 | $1,230 | $186,755 -2.2% |
| 2016 | $1,230 -1.9% | $191,000 +1.1% |
| 2015 | $1,254 +107.9% | $189,000 -0.4% |
| 2014 | $603 -51% | $189,700 -8.2% |
| 2012 | $1,232 +1.1% | $206,700 |
| 2011 | $1,218 +0.3% | $206,700 -25.5% |
| 2010 | $1,214 +16.2% | $277,600 +13.2% |
| 2009 | $1,045 | $245,200 |
Find assessor info on the county website
Neighborhood: 56472
Nearby homes
- $588,8004 bd3 ba2.3k sqft31649 Stewarts Bay Dr, Pequot Lakes, MN 56472Off Market
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- $--1.7 Acres31632 Stewarts Bay Dr, Pequot Lakes, MN 56472Off Market
- $552,0002 bd1 ba1.2k sqft31707 Bayshore Dr, Pequot Lakes, MN 56472Off Market
- $556,9003 bd2 ba1.7k sqft31563 Stewarts Bay Dr, Pequot Lakes, MN 56472Off Market
- $482,3002 bd2 ba965 sqft31551 Stewarts Bay Dr, Pequot Lakes, MN 56472Off Market
- $581,9004 bd3 ba2.6k sqft31795 Stewarts Bay Dr, Pequot Lakes, MN 56472Off Market
- $519,7003 bd1 ba2.7k sqft31721 Bayshore Dr, Pequot Lakes, MN 56472Off Market
Nearby schools
GreatSchools rating
- 8/10Eagle View Elementary SchoolGrades: PK-4Distance: 5.2 mi
- 6/10Pequot Lakes Middle SchoolGrades: 5-8Distance: 7.7 mi
- 8/10Pequot Lakes Senior High SchoolGrades: 9-12Distance: 7.7 mi
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- Minnesota
- Crow Wing County
- Breezy Pt
- 56472
- 31693 Stewarts Bay Dr
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