1850 Petes Point Lane SW, Alexandria, MN 56308
4 Beds | 3 Baths | 3,422 Sq Ft | Single Family Home | MLS# 7152045
Is 1850 Petes Point Lane SW a Good Deal?
BuyPulse Verdict
Premium Pricing
At $256/sqft — This home is priced 23% above the typical Alexandria single-family home of $208/sqft.
Your Negotiating Position
64 — Balanced market
Day 11 — Alexandria homes overall typically go under contract by day ~11.
14 similar homes for sale — alternatives if they won't move.
Powered by the Realgorithm™ — 85 active Alexandria listings · NorthstarMLS
$5,388/month Estimated
- Principal & interest
- $4,424
- Property taxes
- $454
- Home insurance (est.)
- $510
- HOA dues
- None
20% down ($175,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Paulins Paradise 2nd Add, Alexandria, MN.
About This Home
Life on lobster is better. Come tour this one-of-a-kind property where the lake comes to a point at the narrows. This unique property offers 400+ feet of shoreline and a park like setting that overlooks sunsets and sunrises. One side of the point is for swimming, one side is for boats and fishing. Some of the interior updates in Sept of 2026 include brand new kitchen appliances, updated countertops and hardware, freshly painted throughout, updated flooring in the entry and half bath and basement bathroom. The wood floors have also been refreshed and with a light refinish to make this home stunning and move-in ready. The floor plan is fantastic and the setting is ideal; the cathedral ceilings with walls of windows offers you a panoramic view of the lake. The primary suite offers an attached office, that can be a flex room, walk- in closet or additional bedroom. The basement offers a full walkout, real wood fireplace plus wood box, and three more bedrooms, and loads of storage. The home has been well maintained with a new well pump in 2017, maintenance free deck & railing in 2022, new roof in 2022, new furnace and AC in 2023, brand new septic in Oct 2026. The landscaping is ornate, offering steps, a cascading sidewalk, and a trail all down to the level plateau Lakeside. Need more room? The three stall garage offers ample storage and parking, not to mention an additional one stall, detached heated and AC shop/garage. Come see fall in love with a new home on Lobster.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $656K and $1.1M in Alexandria:
- The field: 14 similar Alexandria homes for sale — you have options.
Powered by the Realgorithm™ — real Alexandria closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1993
- Garage
- 3-Car
- Style
- One
- HOA
- None
- Annual Taxes
- $5,444 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,770
- Below Grade Sq Ft
- 1,652
- Lot Size
- 1.428 acres
- Basement
- Yes
- Roof
- Asphalt
- Construction
- Frame
- County
- Douglas
- List Date
- 2026-10-03
- Days on Market
- 9 days
- Parcel ID
- 450418000
Financial
- Total Tax incl. Assessments
- $5,444
Home Systems & Utilities
- Heating
- Forced Air, Fireplace(s)
- Cooling
- Central Air
- Electric
- Circuit Breakers
- Water
- Drilled, Private, Well
- Sewer
- Private Sewer
- Appliances
- Dryer, Electric Water Heater, Water Osmosis System, Microwave, Range, Refrigerator, Washer
Interior Features
- Laundry
- Electric Dryer Hookup, Main Level, Upper Level, Washer Hookup
- Fireplace
- 2 fireplaces
Construction & Exterior
Construction & Structure
- Foundation Type
- Other, Permanent
- Foundation Area
- 1,770 sqft
- Total Building Area
- 3,540 sqft
Exterior Features
- Exterior Features
- Vinyl
- Fenced Area
- Yes
- Other Structures
- Garage(s)
- View
- Lake, Panoramic, South
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage, Detached Garage, Asphalt, Garage Door Opener, Insulated Garage, Multiple Garages, Paved Lot
Lot & Land
- Lot Features
- Accessible Shoreline, Island/Peninsula, Tree Coverage - Medium
- Road Surface
- County Road
- Zoning Description
- Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- Real Estate by Jo, LLC
Price History
Listed at $875,000 on Oct 1, 2026 — No price changes
1850 Petes Point Lane SW is listed in Alexandria, MN, part of Douglas County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1850 Petes Point Lane SW
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Listed by Real Estate by Jo, LLC · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7152045 · Data refreshed October 11, 2026
Similar Homes for Sale Near 1850 Petes Point Lane SW, Alexandria, MN
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- 4625 Redbird Lane SE — $789,000 · 3 bed · 3 bath
- 5123 Green Meadow Road SE — $779,000 · 5 bed · 2 bath
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- 5033 Colonial Court — $750,000 · 5 bed · 3 bath
- 1966 Liberty Road NE — $725,000 · 3 bed · 3 bath
Frequently Asked Questions About 1850 Petes Point Lane SW
- Is $875,000 a good price for a home in Alexandria?
- According to BuyPulse, 1850 Petes Point Lane SW rates Premium Pricing — at $256/sqft it's priced 23% above the typical Alexandria single-family home of $208/sqft. Its negotiating-position score is 64/100 (Balanced market), weighed on days on market, comparable inventory, and how Alexandria homes are closing versus list. Powered by the Realgorithm™. Browse Alexandria homes for sale to compare.
- Does 1850 Petes Point Lane SW have a basement?
- Yes, 1850 Petes Point Lane SW has a finished basement with 1,652 sq ft of below-grade space.
- What type of heating and cooling does 1850 Petes Point Lane SW have?
- 1850 Petes Point Lane SW has Forced Air, Fireplace(s) heating and Central Air cooling.
- Where is 1850 Petes Point Lane SW located?
- 1850 Petes Point Lane SW is in the Paulins Paradise neighborhood of Alexandria, MN 56308, in Douglas County.
- Is 1850 Petes Point Lane SW still available?
- Yes — 1850 Petes Point Lane SW is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1850 Petes Point Lane SW built?
- 1850 Petes Point Lane SW was built in 1993. It features frame construction, an asphalt roof, and a other, permanent foundation.
- Does 1850 Petes Point Lane SW have main-floor laundry?
- Yes — the laundry at 1850 Petes Point Lane SW is on the main level.
- How walkable is 1850 Petes Point Lane SW?
- 1850 Petes Point Lane SW has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 22/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 1850 Petes Point Lane SW are for sale in Alexandria?
- 14 similar homes (single-family homes between $656K and $1.1M in Alexandria) are for sale right now — you have options.
- 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.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/13/2026, 1:17 AM CDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.