UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,588 sqft
Price per Sqft $346
Subdivision Plat Of The Sub
MLS Listing ID 6640004
Bedrooms 4
Full Baths 1
Three Quarter Bath 2
Year Built 2003
Annual Tax Amount $2,726
Tax Year 2024
Contingent None
Lot Size 6.200 Acres
Acres 6.2
Lot Dimensions 448x74x289x278x69x30x48x107x177x250x384x165x198x15
Property Sub-Type Single Family Residence
Property Description
The 6.2 private acres feature mature woodland, dual water frontage on Lake Rachel and a private pond, with significant subdivision potential for multiple homesites. This end-of-road location ensures maximum privacy and serenity, complete with established well and septic system. Multi-tiered walkways and decks lead gracefully to the lakefront where a dock and boat lift are already installed.
The contemporary two-story home under construction is approximately 70% complete, featuring a dramatic vaulted great room that creates an impressive focal point. Premium exterior finishes include a new steel roof and cement fiberboard siding built for durability and low maintenance. The energy-efficient in-floor heating system with electric boiler promises year-round comfort, while the oversized two-car garage with individual stalls provides ample space for vehicles and storage. The current state of completion offers a unique opportunity to customize interior finishes to your exact preferences.
This exceptional property offers multiple pathways to realize value. You could bring your vision to complete this thoughtfully designed lakefront residence, taking advantage of the approximately 70% of construction already completed. The major investments in infrastructure and structural elements are in place, allowing you to focus on personalizing interior spaces and finishes to create your ideal lake retreat. Alternatively, the generous 6.2-acre parcel presents significant subdivision potential, subject to local regulations. Create a private retreat, lucrative Airbnb rental, or explore opportunities for multiple homesites in this coveted lakefront location.
Situated at the end of a private road, this secluded property offers the perfect balance of accessibility and privacy. While immersed in the tranquility of your own wooded sanctuary, you'll appreciate the convenience of being just minutes from Alexandria's shopping, dining, and entertainment options. The property's strategic location gives you easy access to everything you need without sacrificing the peaceful lake country lifestyle you desire.
Don't miss this rare opportunity to secure a substantial lakefront property with exceptional development potential or to complete a custom residence in this pristine natural setting, perfectly positioned for both peaceful seclusion and convenient access to regional amenities.
Location
State MN
County Douglas
Zoning Residential-Single Family
Body of Water Rachel
Rooms
Basement Drain Tiled, 8 ft+ Pour
Interior
Heating Boiler, Radiant Floor
Cooling None
Fireplace No
Exterior
Parking Features Attached Garage, Gravel
Garage Spaces 2.0
Fence None
Waterfront Description Dock,Lake Front,Lake View,Other
View East, Lake, Panoramic, South
Roof Type Age 8 Years or Less,Metal,Pitched
Road Frontage No
Building
Lot Description Many Trees
Story Two
Foundation 2153
Sewer Private Sewer, Tank with Drainage Field
Water Private, Well
Level or Stories Two
Structure Type Fiber Cement
New Construction false
Schools
School District Alexandria
Others
Virtual Tour https://wellcomemat.com/embed/59m1ffd4c2021m4e7?mls=1
WI Broker, MN Agent | License ID: 58234-90, 40371939
+1(218) 464-3126 | brandon@executivestarrealty.com