USLakeFront Lake survey & intelligence

$495,000

3509 Shoreline Dr, Nisswa, MN 88882

Sample listing
3
Bedrooms
4
Bathrooms
3,850
Square feet
60 ft
Shoreline
$8,250
Per shoreline ft

Big-water views from a walk-out ranch on Gull Lake. Roughly 60 feet of owned shoreline on 0.96 acres, with 3 bedrooms across 3,850 square feet. Covered boathouse. 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.

Features

Vaulted ceilingsPrivate dockGuest quartersBoat liftMetal roof

Property facts

Property typeEstate Year built2021 Lot size0.96 acres DockCovered boathouse Water depth at dock7 ft ExposureNorth-facing ViewSunrise Annual taxes$6,343 HOA$45/mo Short-term rentalPermitted Listed2026-08-05
$4,674
All-in monthly
$114,130
Cash to close
$16,373
Costs beyond the obvious

Up front

Down payment$99,000
Closing costs (est. 2.4%)$11,880
Septic inspection & pump$850
Water quality testing$400
Waterfront home inspection$800
Survey (shoreline frontage)$1,200
Total$114,130

Every year

Principal & interest$31,297
Property taxes$6,343
Hazard insurance$2,079
Flood insurance$2,400
HOA / POA dues$540
Utilities$5,198
Maintenance reserve (1.1%)$5,445
Septic service$520
Well & water testing$260
Dock maintenance$900
Winterization / seasonal close$750
Shoreline / seawall reserve$360
Total$56,091
Adjust these assumptions →
$8,250
This home / shoreline ft
$3,639
Lake average
$129
Per square foot
Well above the lake average — this property prices at $8,250 per shoreline foot against a lake average near $3,639, a difference of 127%. 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 / year113 Gross revenue$69,476 Lodging tax−$7,642 Management−$12,367 Cleaning & supplies−$15,280 Net operating income$34,187 Against annual carry$-21,904
Model your own →
6.3
Lake score
C
Water grade
1 ft
Drawdown
Level stabilityStable Typical clarity12 ft Dock authorityMN DNR
Full Gull Lake report →
Comparable

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