Rarely does a property like this come to market. Set on over five acres with direct Green Lake frontage, this estate delivers the kind of space, privacy, and upside that’s getting harder to find on the Chisago Lakes Chain. With more than 5 acres of land, a 40x50 pole barn, and over 3,000 square feet of combined garage space, this property is built for big plans, renovation, expansion, income, or redevelopment.
The existing three-bedroom, two-bath home (built in 1987) sits on a solid foundation and is primed for a value-add transformation. Renovate the interior and exterior to create a modern luxury lake home, finish the lower level for additional living space, bedrooms, recreation areas, and entertaining zones, or explore an addition to increase total square footage and elevate the property into a true premier lakefront estate.
For buyers focused on cash flow, the layout and setting also create a compelling opportunity to reposition the home as a luxury lakefront vacation rental—leveraging the acreage, the shoreline, and the recreational draw of Green Lake, while also exploring additional income potential by renting out the pole barn for storage or specialty use.
Developers and builders will recognize another major upside: the parcel may offer the potential to be divided into three to four 1+ acre lots with the opportunity to build multiple single-family homes—similar to development activity seen on the neighboring parcel (buyer to verify subdivision and building feasibility with the city/county).
Financing flexibility adds another layer of opportunity: the loan is assumable, and the seller is open to creative terms, making this a rare lakefront offering with both asset upside and deal-structure options. Minutes from downtown Chisago City and within easy reach of the Twin Cities, this is a true value-add lake property with multiple paths to create long-term wealth and legacy. Buyer agent to verify all measurements.
267 days
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639
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Zillow last checked:
Listing updated:
Listed by:
William Schultz651-216-6814,
Keller Williams Premier Realty,
Judy Gonzalez651-263-4821
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6812816
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Bedroom
Level: Main
Area: 143 Square Feet
Dimensions: 11x13
Bedroom 2
Level: Main
Area: 156 Square Feet
Dimensions: 13x12
Bedroom 3
Level: Main
Area: 132 Square Feet
Dimensions: 11x12
Primary bathroom
Level: Main
Area: 60 Square Feet
Dimensions: 12x5
Dining room
Level: Main
Area: 130 Square Feet
Dimensions: 13x10
Family room
Level: Main
Area: 210 Square Feet
Dimensions: 15x14
Garage
Area: 575 Square Feet
Dimensions: 25x23
Kitchen
Level: Main
Area: 143 Square Feet
Dimensions: 13x11
Laundry
Level: Main
Area: 112 Square Feet
Dimensions: 14x8
Living room
Level: Main
Area: 289 Square Feet
Dimensions: 17x17
Other
Level: Basement
Area: 1456 Square Feet
Dimensions: 56x26
Other
Level: Main
Area: 56 Square Feet
Dimensions: 7x8
Other
Area: 2000 Square Feet
Dimensions: 40x50
Sauna
Level: Main
Area: 72 Square Feet
Dimensions: 8x9
Heating
Forced Air
Cooling
Central Air
Features
Basement: Block,Full
Number of fireplaces: 1
Interior area
Total structure area: 1,512
Total interior livable area: 1,512 sqft
Finished area above ground: 0
Finished area below ground: 1,512
Property
Parking
Total spaces: 8
Parking features: Attached, Detached Garage
Attached garage spaces: 8
Accessibility
Accessibility features: None
Features
Levels: One and One Half
Stories: 1.5
On waterfront: Yes
Waterfront features: Lake Front
Lot
Size: 5.26 Acres
Details
Additional structures: Pole Building
Foundation area: 1512
Parcel number: 131039010
Zoning description: Residential-Single Family
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family
Materials
Roof: Age 8 Years or Less
Condition
New construction: No
Year built: 1987
Utilities & green energy
Gas: Natural Gas
Sewer: Other
Water: Lake Water, Well
Community & HOA
HOA
Has HOA: No
Location
Region: Chisago City
Financial & listing details
Price per square foot: $1,157/sqft
Tax assessed value: $765,900
Annual tax amount: $10,010
Date on market: 11/3/2025
Cumulative days on market: 141 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/23/2026
Price change
$1,750,000-2.8%$1,157/sqft
Source: NorthstarMLS as distributed by MLS GRID #6812816Report a problem
11/13/2025
Listed for sale
$1,800,000$1,190/sqft
Source: NorthstarMLS as distributed by MLS GRID #6812816Report a problem
10/25/2025
Listing removed
$1,800,000$1,190/sqft
Source: NorthstarMLS as distributed by MLS GRID #6751570Report a problem
7/8/2025
Listed for sale
$1,800,000+0%$1,190/sqft
Source: NorthstarMLS as distributed by MLS GRID #6751570Report a problem
2/3/2024
Listing removed
--
Source: NorthstarMLS as distributed by MLS GRID #6432919Report a problem
9/15/2023
Price change
$1,799,999+2.9%$1,190/sqft
Source: NorthstarMLS as distributed by MLS GRID #6432919Report a problem
9/13/2023
Listed for sale
$1,750,000-7.9%$1,157/sqft
Source: NorthstarMLS as distributed by MLS GRID #6432919Report a problem
8/7/2023
Listing removed
--
Source: NorthstarMLS as distributed by MLS GRID #6337127Report a problem
2/28/2023
Listed for sale
$1,900,000$1,257/sqft
Source: NorthstarMLS as distributed by MLS GRID #6337127Report a problem
1/20/2023
Listing removed
--
Source: NorthstarMLS as distributed by MLS GRID #6244430Report a problem
8/3/2022
Listed for sale
$1,900,000+514.9%$1,257/sqft
Source: NorthstarMLS as distributed by MLS GRID #6244430Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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