This 1.5-story home sits on a beautifully landscaped acreage and offers a functional layout with room to make it your own. The main level features a comfortable living space and a ¾ bath, while the fully finished walkout basement includes a full bath and additional living area. You'll find three conforming bedrooms, plus three upper-level rooms that serve as flexible spaces — ideal for guest rooms, offices, playrooms, or storage. This well-cared-for property offers great potential for customization to fit your style. Enjoy the peaceful setting, mature trees, 2-stall detached garage, nearby outbuildings, and a location just over 20 miles from Okoboji — perfect for enjoying lakes, recreation, and small-town conveniences.
Septic system does not meet current compliance—seller will cover cost of installing a new one. Unused well on property to be sealed by seller.
Closed
$260,000
40703 770th St, Lakefield, MN 56150
3beds
2,421sqft
Single Family Residence
Built in 1947
9.19 Acres Lot
$263,300 Zestimate®
$107/sqft
$1,863 Estimated rent
Home value
$263,300
Estimated sales range
Not available
$1,863/mo
Zestimate® history
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$1,577/mo
Est. payment
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Est. payment
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List your homeWhat's special
Functional layoutNearby outbuildingsFlexible spacesComfortable living spaceConforming bedroomsMature treesFully finished walkout basement
Zillow last checked:
Listing updated:
Listed by:
Randy Buntjer 507-360-2650,
Randy Buntjer Auction & Realty LLC,
Amy Von Holtum 507-227-2648
Bought with:
Danielle Rossow
EXIT Realty - Great Plains
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6730567
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bathroom
- Description: Full Basement,Main Floor 3/4 Bath,Walk-In Shower Stall
Heating
- Forced Air, Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
Features
- Basement: Block,Walk-Out Access
- Number of fireplaces: 1
Interior area
- Total structure area: 2,421
- Total interior livable area: 2,421 sqft
- Finished area above ground: 1,228
- Finished area below ground: 1,193
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Gravel
- Garage spaces: 2
- Details: Garage Dimensions (32x30)
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck
Lot
- Size: 9.19 Acres
Details
- Additional structures: Grain Storage, Shed(s), Pole Building, Workshop
- Foundation area: 1193
- Parcel number: 150340100
- Zoning description: Agriculture
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Age Over 8 Years,Metal
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service
- Gas: Propane
- Sewer: Septic System Compliant - No
- Water: Well
Community & neighborhood
Location
- Region: Lakefield
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2025 | Sold | $260,000-13.3%$107/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6730567 Report a problem | ||
| 8/16/2025 | Pending sale | $300,000$124/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6730567 Report a problem | ||
| 6/4/2025 | Listed for sale | $300,000$124/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6730567 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,368 +0.6% | $609,800 |
| 2024 | $1,360 +21.9% | $609,800 +4.2% |
| 2023 | $1,116 +9.4% | $585,000 +30.4% |
| 2022 | $1,020 +6.9% | $448,700 +20.1% |
| 2021 | $954 -2.5% | $373,700 +3% |
| 2020 | $978 +12.7% | $362,700 -0.2% |
| 2019 | $868 +4.6% | $363,300 -2.7% |
| 2018 | $830 +3.1% | $373,200 -4.2% |
| 2017 | $805 | $389,600 |
| 2016 | -- | -- |
| 2015 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 56150
Nearby schools
GreatSchools rating
- 6/10Pleasantview Elementary SchoolGrades: PK-K,4-5Distance: 6.9 mi
- 6/10Jackson County Central Middle SchoolGrades: 6-8Distance: 6.9 mi
- 8/10Jackson County Central Senior High SchoolGrades: 9-12Distance: 13.1 mi
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- Minnesota
- Jackson County
- Lakefield
- 56150
- 40703 770th St
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