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  • $475,000

    5023 W Lake Mary Dr SW, Alexandria, MN 56308

    6beds
    5,868sqft
    Residential
    Built in 2003
    0.46 Acres Lot
    $485,500 Zestimate®
    $81/sqft
    $4,490 Estimated rent

    Home value

    $485,500

    $393,000 - $602,000

    $4,490/mo

    Zestimate® history
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    What's special

    Spacious lakefront homeExisting lake stairsAttached three-stall garageExpansive open-water viewsLocated on lake marySix bedroomsSix bathrooms
    Spacious lakefront home located on Lake Mary, one of the Alexandria area’s largest and most well-known recreational lakes, offering boating, fishing, and year-round enjoyment, with expansive open-water views. Lake Mary spans approximately 2,450 acres, making it a premier destination within the Alexandria lakes region. The home offers substantial square footage across multiple levels, including six bedrooms and six bathrooms, a walkout lower level, and multiple living and gathering areas oriented toward the lake. Features include large windows with water views, fireplaces, upper-level suites with private baths, and multiple decks overlooking the lake. The main level includes a private living area with bedroom, bathroom, living room, and kitchen, providing flexible use for guests or extended stays. Attached three-stall garage and existing lake stairs. Property is being sold as-is and presents an opportunity to update and personalize a large Lake Mary home to current tastes.

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel Pflugshaupt 218-587-4444,

    Gallery of Homes

    Bought with:

    Lance Bailey

    Central MN Realty LLC

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7001956MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 4
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 199.82 Square Feet
    • Dimensions: 16.5x12.11
    Bedroom 2
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 11x12
    Bedroom 3
    • Level: Upper
    • Area: 213.9 Square Feet
    • Dimensions: 11.5x18.6
    Bedroom 4
    • Level: Upper
    • Area: 199.21 Square Feet
    • Dimensions: 11x18.11
    Bedroom 5
    • Level: Main
    • Area: 150.49 Square Feet
    • Dimensions: 10.1x14.9
    Bathroom
    • Level: Main
    • Area: 108.18 Square Feet
    • Dimensions: 10.7x10.11
    Bathroom
    • Level: Main
    • Area: 58.64 Square Feet
    • Dimensions: 5.8x10.11
    Bathroom
    • Level: Upper
    • Area: 55.38 Square Feet
    • Dimensions: 7.1x7.8
    Bathroom
    • Level: Upper
    • Area: 48.91 Square Feet
    • Dimensions: 6.7x7.3
    Bathroom
    • Level: Lower
    • Area: 85.1 Square Feet
    • Dimensions: 11.5x7.4
    Bathroom
    • Level: Main
    • Area: 44.97 Square Feet
    • Dimensions: 5.11x8.8
    Dining room
    • Level: Main
    • Area: 138 Square Feet
    • Dimensions: 11.5x12
    Family room
    • Level: Lower
    • Area: 845.12 Square Feet
    • Dimensions: 27.8x30.4
    Family room
    • Level: Lower
    • Area: 230.05 Square Feet
    • Dimensions: 21.5x10.7
    Kitchen
    • Level: Main
    • Area: 144.9 Square Feet
    • Dimensions: 11.5x12.6
    Kitchen
    • Level: Main
    • Area: 139.52 Square Feet
    • Dimensions: 10.11x13.8
    Laundry
    • Level: Lower
    • Area: 136.85 Square Feet
    • Dimensions: 11.5x11.9
    Living room
    • Level: Main
    • Area: 436.56 Square Feet
    • Dimensions: 21.4x20.4
    Living room
    • Level: Upper
    • Area: 292.11 Square Feet
    • Dimensions: 9.1x32.1
    Living room
    • Level: Main
    • Area: 154.56 Square Feet
    • Dimensions: 11.2x13.8
    Office
    • Level: Main
    • Area: 136.64 Square Feet
    • Dimensions: 12.2x11.2
    Other
    • Level: Lower
    • Area: 396.68 Square Feet
    • Dimensions: 21.1x18.8
    Utility room
    • Level: Lower
    • Area: 216.58 Square Feet
    • Dimensions: 22.1x9.8
    Walk in closet
    • Level: Main
    • Area: 54.24 Square Feet
    • Dimensions: 11.3x4.8
    Walk in closet
    • Level: Upper
    • Area: 42.6 Square Feet
    • Dimensions: 7.1x6
    Walk in closet
    • Level: Upper
    • Area: 40.2 Square Feet
    • Dimensions: 6.7x6
    Walk in closet
    • Level: Main
    • Area: 30.15 Square Feet
    • Dimensions: 5.11x5.9
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Laundry: Lower Level, Laundry Room
    Features
    • Basement: Daylight,Finished,Full
    • Number of fireplaces: 3
    • Fireplace features: Family Room, Living Room
    Interior area
    • Total structure area: 5,868
    • Total interior livable area: 5,868 sqft
    • Finished area above ground: 3,512
    • Finished area below ground: 2,136

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Garage
    • Attached garage spaces: 3
    • Details: Garage Dimensions (42x22)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Porch
    • Fencing: Partial,Privacy
    • Has view: Yes
    • View description: Lake, Panoramic
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front, Lake Bottom(Weeds)
    • Frontage length: Water Frontage: 147
    Lot
    • Size: 0.46 Acres
    • Dimensions: 80 42 113 71 147 138
    • Features: Accessible Shoreline, Tree Coverage - Medium
    Details
    • Additional structures: Storage Shed
    • Foundation area: 2356
    • Parcel number: 300082105
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residential
    Materials
    • Concrete, Frame
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 2003

    Utilities & green energy

    • Electric: Circuit Breakers, Power Company: Ottertail Power
    • Gas: Propane
    • Sewer: City Sewer/Connected
    • Water: Well

    Community & HOA

    Community
    • Subdivision: Sunset Bay
    HOA
    • Has HOA: No
    Location
    • Region: Alexandria

    Financial & listing details

    • Price per square foot: $81/sqft
    • Tax assessed value: $843,700
    • Annual tax amount: $7,211
    • Date on market: 12/29/2025
    • Cumulative days on market: 112 days

    Price history

    DateEventPrice
    6/4/2026Sold$475,000$81/sqft
    Source: Public Record Report a problem
    3/12/2026Sold$475,000-5%$81/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7001956 Report a problem
    2/16/2026Pending sale$500,000$85/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7001956 Report a problem
    2/6/2026Price change$500,000-22.6%$85/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7001956 Report a problem
    1/14/2026Price change$646,200-5.3%$110/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7001956 Report a problem
    12/29/2025Listed for sale$682,500$116/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7001956 Report a problem
    12/23/2025Listing removed$682,500$116/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6809120 Report a problem
    12/9/2025Listed for sale$682,500-3.8%$116/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6809120 Report a problem
    6/28/2024Sold$709,480$121/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,212 -1.1%$843,700 +3.1%
    2024$7,294 +8.3%$818,400 +4%
    2023$6,738 +9.1%$786,900 +14.5%
    2022$6,178 +0.3%$687,200 +16%
    2021$6,158 -4.1%$592,500 +3.8%
    2020$6,424 +16.4%$571,000 +2.1%
    2019$5,520 +1.5%$559,100 +2.8%
    2018$5,438 +4.7%$543,900 +3.4%
    2017$5,194 -3%$526,100 +5.3%
    2016$5,354 -1.4%$499,550
    2015$5,430 --
    2014-- $499,700
    2013-- --
    2012-- --
    2011$5,535 +0.9%--
    2010$5,485 --
    Find assessor info on the county website

    Neighborhood: 56308

    Nearby schools

    GreatSchools rating
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