$1,100,000

6408 Shoreline Dr, Isle, MN 20946

Sample listing

Bedrooms

Bathrooms

1,950

Square feet

220 ft

Shoreline

$5,000

Per shoreline ft

Deep-water point lot with a covered slip on Mille Lacs Lake. Roughly 220 feet of owned shoreline on 1.04 acres, with 3 bedrooms across 1,950 square feet. Single-slip stationary. Water clarity on Mille Lacs Lake averages around 8 feet and the lake is classified stable for water level. Dock and shoreline work fall under MN DNR. This is a sample listing used to demonstrate the platform.

Features

Irrigation from lakeGentle slope to waterOpen floor planDock power and waterMetal roofRiprap shoreline

Property facts

Property typeCondo Year built2011 Lot size1.04 acres DockSingle-slip stationary Water depth at dock10 ft ExposureEast-facing ViewMain channel Annual taxes$10,850 HOA$0/mo Short-term rentalPermitted Listed2026-08-05

$8,895

All-in monthly

$249,650

Cash to close

$21,722

Costs beyond the obvious

Up front

Down payment	$220,000
Closing costs (est. 2.4%)	$26,400
Septic inspection & pump	$850
Water quality testing	$400
Waterfront home inspection	$800
Survey (shoreline frontage)	$1,200
Total	$249,650

Every year

Principal & interest	$69,548
Property taxes	$10,850
Hazard insurance	$4,620
Flood insurance	$3,240
Utilities	$2,632
Maintenance reserve (1.1%)	$12,100
Septic service	$520
Well & water testing	$260
Dock maintenance	$900
Winterization / seasonal close	$750
Shoreline / seawall reserve	$1,320
Total	$106,741

Adjust these assumptions →

$5,000

This home / shoreline ft

$5,123

Lake average

$564

Per square foot

In line with the lake — this property prices at $5,000 per shoreline foot against a lake average near $5,123, a difference of -2%. Shoreline frontage is the metric that drives waterfront value, and it is almost never published.

Open the analyzer →

Modeled from the lake's estimated nightly rate and occupancy. Confirm local short-term rental rules before you rely on this.

Booked nights / year147 Gross revenue$40,149 Lodging tax−$4,416 Management−$7,147 Cleaning & supplies−$12,853 Net operating income$15,733 Against annual carry$-91,007

Model your own →

6.2

Lake score

Water grade

2 ft

Drawdown

Level stabilityStable Typical clarity8 ft Dock authorityMN DNR

Full Mille Lacs Lake report →