**UNDER CONSTRUCTION SPEC SLAB ON GRADE HOME w/SUNROOM** Affordable one level living! This slab on grade floor plan features an attached 3 car garage, open floor plan for living room, dining and kitchen and four season sun room off dining area. Finishes included are Granite countertops, stainless steel appliances, soft close drawers, pantry and tile backsplash in kitchen. Private primary suite with walk in shower, walk in closet and dual sinks, Quartz tops in bathrooms, laundry/mud room off of garage entrance plus much more. Inquire about the 1-0 Preferred Lender Paid Rate Buy Down & Construction Loan Programs. Listing pictures are of a previous model.
Pending
$369,900
86 Balsam Ln, Madison Lake, MN 56063
3beds
1,664sqft
Single Family
Built in 2026
0.3 Acres Lot
$369,200 Zestimate®
$222/sqft
$-- HOA
What's special
- 102 days |
- 15 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Katyana Miller 651-755-2138,
Miller Real Estate
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7051464
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Mud room
- Level: Main
Sun room
- Level: Main
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
- Laundry: Electric Dryer Hookup, Main Level
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,664
- Total interior livable area: 1,664 sqft
- Finished area above ground: 1,664
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 3
- Details: Garage Dimensions (24 x 30), Garage Door Height (7)
Accessibility
- Accessibility features: No Stairs External, No Stairs Internal
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.3 Acres
- Dimensions: 90 x 141
Details
- Foundation area: 1664
- Parcel number: R140526303027
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Asphalt
Condition
- New construction: Yes
- Year built: 2026
Details
- Builder name: PEKA HOMES LLC
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Pines Third Add
HOA
- Has HOA: No
Location
- Region: Madison Lake
Financial & listing details
- Price per square foot: $222/sqft
- Tax assessed value: $30,400
- Annual tax amount: $506
- Date on market: 4/9/2026
- Cumulative days on market: 34 days
Estimated market value
$369,200
$351,000 - $388,000
$2,336/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/18/2026 | Pending sale | $369,900$222/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7051464 Report a problem | ||
| 4/9/2026 | Listed for sale | $369,900+824.8%$222/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7051464 Report a problem | ||
| 5/31/2023 | Sold | $40,000-11.1%$24/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6350147 Report a problem | ||
| 4/20/2023 | Pending sale | $45,000$27/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6350147 Report a problem | ||
| 3/31/2023 | Listed for sale | $45,000+53.1%$27/sqft |
Source:  RASM #7031943 Report a problem | ||
| 12/31/2020 | Sold | $29,400-5.2%$18/sqft |
Source: Agent Provided Report a problem | ||
| 7/12/2019 | Listed for sale | $31,000$19/sqft |
Source: RE/MAX DYNAMIC AGENTS #7021526 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $506 | $30,400 +0.3% |
| 2024 | $506 -7% | $30,300 |
| 2023 | $544 -2.9% | $30,300 |
| 2022 | $560 +5.7% | $30,300 |
| 2021 | $530 +3.5% | $30,300 |
| 2020 | $512 | $30,300 |
| 2019 | $512 +28.6% | $30,300 +7.1% |
| 2018 | $398 +3.1% | $28,300 |
| 2017 | $386 +3.2% | $28,300 |
| 2016 | $374 +10288.9% | $28,300 |
| 2015 | $4 -99% | $28,300 -66.7% |
| 2014 | $354 | $84,900 +200% |
| 2013 | -- | $28,300 +16.9% |
| 2012 | -- | $24,200 |
| 2011 | -- | $24,200 |
| 2010 | -- | $24,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 56063
Nearby schools
GreatSchools rating
- 9/10Eagle Lake Elementary SchoolGrades: K-5Distance: 5.4 mi
- 6/10Prairie Winds Middle SchoolGrades: 6-8Distance: 8.4 mi
- 6/10Mankato East Senior High SchoolGrades: 9-12Distance: 8.7 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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