USLakeFront Lake survey & intelligence

$775,000

1662 Anchor Bay Rd, Garrison, ND 39874

Sample listing
3
Bedrooms
2
Bathrooms
1,700
Square feet
300 ft
Shoreline
$2,583
Per shoreline ft

Family compound with guest cabin on Lake Sakakawea. Roughly 300 feet of owned shoreline on 1.71 acres, with 3 bedrooms across 1,700 square feet. Covered boathouse. Water clarity on Lake Sakakawea averages around 10 feet and the lake is classified volatile for water level. Dock and shoreline work fall under USACE Omaha District. This is a sample listing used to demonstrate the platform.

Features

Detached garagePrivate dockScreened porchRiprap shorelineWhole-house generatorGentle slope to waterBoathouseWood stove

Property facts

Property typeEstate Year built1970 Lot size1.71 acres DockCovered boathouse Water depth at dock16 ft ExposureSouth-facing ViewWide open water Annual taxes$8,211 HOA$0/mo Short-term rentalPermitted Listed2026-08-05
$6,502
All-in monthly
$176,850
Cash to close
$17,555
Costs beyond the obvious

Up front

Down payment$155,000
Closing costs (est. 2.4%)$18,600
Septic inspection & pump$850
Water quality testing$400
Waterfront home inspection$800
Survey (shoreline frontage)$1,200
Total$176,850

Every year

Principal & interest$49,000
Property taxes$8,211
Hazard insurance$3,255
Flood insurance$2,400
Utilities$2,400
Maintenance reserve (1.1%)$8,525
Septic service$520
Well & water testing$260
Dock maintenance$900
Winterization / seasonal close$750
Shoreline / seawall reserve$1,800
Total$78,021
Adjust these assumptions →
$2,583
This home / shoreline ft
$3,706
Lake average
$456
Per square foot
Well below the lake average — this property prices at $2,583 per shoreline foot against a lake average near $3,706, a difference of -30%. 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 / year163 Gross revenue$84,370 Lodging tax−$9,281 Management−$15,018 Cleaning & supplies−$19,819 Net operating income$40,253 Against annual carry$-37,768
Model your own →
5.5
Lake score
D
Water grade
25 ft
Drawdown
Level stabilityVolatile Typical clarity10 ft Dock authorityUSACE Omaha District
Full Lake Sakakawea report →
Comparable

Similar waterfront