1983 single family home for sale at 1223 Terrace Court in Alexandria, MN — 4 bed, 2 bath (photo 1 of 54)

1223 Terrace Court, Alexandria, MN 56308

4 Beds | 2 Baths | 2,142 Sq Ft | Single Family Home | MLS# 7125632

$339,900

Is 1223 Terrace Court a Good Deal?

BuyPulse Grade

Below Market

At $159/sqft — This home is priced 25% below the typical Alexandria single-family home of $211/sqft.

Powered by the Realgorithm™ — 103 active Alexandria listings · NorthstarMLS

$2,217/month Estimated

Principal & interest
$1,719
Property taxes
$270
Home insurance (est.)
$198
HOA dues
$30/mo

20% down ($67,980) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Alexandria, MN Active

Located in Walters Geneva Crest 2nd Add, Alexandria, MN.

About This Home

This 4 bedroom, 2 bathroom cul de sac home is definitely not in the "cookie cutter" category! Enter the foyer and look up the stairs to a gorgeous vaulted ceiling with wood beams and an open cupola with windows. So much natural light throughout the open concept living area with vinyl plank flooring. The large living room area has a sliding door ready for a future deck to lead out to. The dining space has a window seat and the kitchen along with the stainless steel appliances were completely new in 2019. Plenty of cabinet space and peninsula for eating and serving from. Other 2019 renovations include new bathrooms, furnace and central air, windows, siding, doors, lighting, floors and paint. There are 2 bedrooms and a full bathroom off the living room area and then downstairs 2 more bedrooms, a 3/4 bathroom, laundry room and family room with sliding doors leading to the patio and back yard. The 2 car garage has a brand new lean-to. There is a shared lot with access to Lake Geneva a couple blocks away. Ready to view 8/13/2026. Book your showing TODAY!

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $255K and $425K in Alexandria:

  • The field: 29 similar Alexandria homes for sale — you have options.
  • Tempo: homes like this went pending in a median 9 days — 10 of the last 31 inside 4 days.
  • Negotiation: 65% of the last 52 sales here closed at or over list — Alexandria doesn't discount.

Powered by the Realgorithm™ — 52 real Alexandria closings, zero guesses · NorthstarMLS

Key Features

Property Type
Single Family
Year Built
1983
Above Grade
1,158 sq ft
Below Grade
984 sq ft
Lot Size
0.48 acres
Garage
2-car (Detached Garage, Asphalt, Garage Door Opener)
Heating
Forced Air
Cooling
Central Air
Basement
Finished
Appliances
Dishwasher, Dryer, Electric Water Heater, Fuel Tank - Rented, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
Sewer
City Sewer/Connected
Water
Well
HOA
$30/month (includes Shared Amenities)
Annual Taxes
$3,240
County
Douglas
Days on Market
11

1223 Terrace Court is listed in Alexandria, MN, part of Douglas County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 1223 Terrace Court

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Alexandria real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

Listed by East-West Realty of Long Prairie, Inc. · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7125632 · Data refreshed August 13, 2026

Similar Homes for Sale Near 1223 Terrace Court, Alexandria, MN

See all homes for sale in Alexandria, MN →

Frequently Asked Questions About 1223 Terrace Court

Is $339,900 a good price for a home in Alexandria?
At $159/sqft, this home is priced below the typical Alexandria single-family home of $211/sqft (25% lower), according to our BuyPulse comparison of comparable active listings. Browse Alexandria homes for sale to compare.
Does 1223 Terrace Court have a basement?
Yes, 1223 Terrace Court has a finished basement with 984 sq ft of below-grade space.
Does 1223 Terrace Court have an HOA?
Yes, 1223 Terrace Court has a homeowners association with dues of $30 annually. HOA includes: Shared Amenities.
What type of heating and cooling does 1223 Terrace Court have?
1223 Terrace Court has Forced Air heating and Central Air cooling.
Where is 1223 Terrace Court located?
1223 Terrace Court is in the Walters Geneva Crest neighborhood of Alexandria, MN 56308, in Douglas County.
Is 1223 Terrace Court still available?
Yes — 1223 Terrace Court is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 1223 Terrace Court built?
1223 Terrace Court was built in 1983. It features a block foundation.
Does 1223 Terrace Court have main-floor laundry?
No — the laundry at 1223 Terrace Court is in the lower level.
How many homes like 1223 Terrace Court are for sale in Alexandria?
29 similar homes (single-family homes between $255K and $425K in Alexandria) are for sale right now — you have options.
How fast do homes like 1223 Terrace Court sell in Alexandria?
Homes like this one (single-family homes between $255K and $425K in Alexandria) went pending in a median 9 days over the last 90 days — 10 of the last 31 went under contract within 4 days.
Do homes in Alexandria sell for asking price?
65% of the last 52 comparable Alexandria sales closed at or over list price — Alexandria doesn't discount. Based on real NorthstarMLS closings, not estimates.
What does "BuyPulse" mean?
BuyPulse is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
What does "Realgorithm™" mean?
The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.

Local Companies to Help You Settle In

From inspection to closing to moving day, here are well-known local companies serving the Alexandria area.