$240,000
Wooded acreage with private shoreline
5 bd4 ba
3,650 sqft
150 ft shore
Permitted, not built
$1,600/ft
Turnkey lake house with two-slip dock on Gull Lake. Roughly 150 feet of owned shoreline on 1.43 acres, with 3 bedrooms across 3,400 square feet. No dock. Water clarity on Gull Lake averages around 12 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.
| Down payment | $52,000 |
| Closing costs (est. 2.4%) | $6,240 |
| Septic inspection & pump | $850 |
| Water quality testing | $400 |
| Waterfront home inspection | $800 |
| Survey (shoreline frontage) | $1,200 |
| Total | $61,490 |
| Principal & interest | $16,439 |
| Property taxes | $2,257 |
| Hazard insurance | $1,400 |
| Flood insurance | $2,400 |
| Utilities | $4,590 |
| Maintenance reserve (1.1%) | $2,860 |
| Septic service | $520 |
| Well & water testing | $260 |
| Dock maintenance | $900 |
| Winterization / seasonal close | $750 |
| Shoreline / seawall reserve | $900 |
| Total | $33,276 |