3123 Crestwood Drive NE, Alexandria, MN 56308
5 Beds | 3 Baths | 3,412 Sq Ft | Single Family Home | MLS# 7114066
Price Reduced — was $715,000 (↓ $15,100) · M Markdowns
$4,573/month Estimated
- Principal & interest
- $3,816
- Property taxes
- $339
- Home insurance (est.)
- $408
- HOA dues
- $10/mo
20% down ($139,980) · 30-yr fixed, 7.24%
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Located in Crestwood Hills 3rd Add, Alexandria, MN.
About This Home
Experience the best of Alexandria’s premier lake lifestyle without the hefty lakefront tax bill. Nestled on a beautifully manicured lot, this custom-built 2013 residence includes coveted deeded access to Lake Le Homme Dieu, complete with your own dedicated boat slip right on the Chain of Lakes! Not only do you have shared access to a large-level lake lot but this low-key association comes with the enjoyment of a second lot just a quick walk down the street. And to make things better, stunning sunset lakeviews are enjoyed right from the front porch of this gorgeous home! Inside, the home has beautiful high-end craftsman detailing throughout including rich hardwood flooring, custom millwork, Anderson windows, and an inviting open-concept layout centered around a timeless granite island kitchen. Some awesome hidden features include an indoor/outdoor hardwired sound system, central vacuum, tons of mood lighting and an oversized, heated finished garage. With only one small step into the home, main level laundry room and master bedroom, this home is the perfect fit for those aging or a younger family! Beyond the main floor living space, the lower level provides a super inviting family/rec/wet bar room plus 3 large bedrooms, a full bath and tons of storage! Back outside, you will appreciate the paver driveway, lush landscaping, large yard and an irrigation system that set a welcoming stage for summer evenings after a day spent out on the chain of lakes. Come check out this awesome package in a wonderful neighborhood!!
Virtual Tour
BuyPulse · Live market read
How 3123 Crestwood Drive NE Compares to the Alexandria Market
At $205/sqft, this home is priced at the typical Alexandria single-family home of $205/sqft.
The median list price in Alexandria is $379,900.
Verdict: Fair Market Value
Your negotiating position
94 Strong buyer leverage
Seller's market · Balanced · Buyer leverage
Day 105 — Alexandria homes overall typically go under contract by day ~15. This one is past that window.
25% of recent sales closed at or over asking — most sellers here negotiate.
21 similar homes for sale — alternatives if they won't move.
This seller already cut $15,100 — the asking price has already moved.
Homes like this one — single-family homes between $525K and $875K in Alexandria:
- The field: 21 similar Alexandria homes for sale — you have options.
- Negotiation: 25% of the last 16 sales here closed at or over list — there's room to negotiate.
- Price cuts: 10 of 21 similar homes have trimmed asking — median trim $12,500. This one already cut $15,100.
Powered by the Realgorithm™ — 16 real Alexandria closings, zero guesses · NorthstarMLS
Key Features
- Built
- 2013
- Garage
- 2-Car Attached
- Style
- One
- HOA
- $10/Monthly
- HOA Includes
- Dock, Other
- Annual Taxes
- $4,068 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,796
- Below Grade Sq Ft
- 1,616
- Lot Size
- 0.479 acres
- Basement
- Yes
- Roof
- Architectural Shingle
- Construction
- Frame
- County
- Douglas
- List Date
- 2026-07-22
- Days on Market
- 105 days
- Parcel ID
- 030128000
Financial
- Total Tax incl. Assessments
- $4,068
- HOA Name
- Crestwood Hills
Home Systems & Utilities
- Heating
- Forced Air, In-Floor Heating
- Cooling
- Central Air
- Electric
- 200+ Amp Service
- Water
- Drilled, Private, Well
- Sewer
- City Sewer/Connected
- Appliances
- Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Washer, Water Softener Owned
Interior Features
- Laundry
- Laundry Room, Main Level, Sink
Construction & Exterior
Construction & Structure
- Foundation Type
- Concrete Perimeter, Poured Concrete
- Foundation Area
- 1,568 sqft
- Total Building Area
- 3,592 sqft
Exterior Features
- Exterior Features
- Cement Board
- Other Structures
- Storage Shed
- View
- West
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage, Driveway - Other Surface, Floor Drain, Finished Garage, Heated Garage, Insulated Garage
Lot & Land
- Lot Features
- Tree Coverage - Medium
- Road Surface
- Paved Streets, Township
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- Edina Realty, Inc.
Price History
Reduced $15,100 (2.1%)
- Price reduced to $715,000 — Aug 14, 2026
- Price reduced to $699,900 — Sep 9, 2026
3123 Crestwood Drive NE is listed in Alexandria, MN, part of Douglas County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 3123 Crestwood Drive NE
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 Edina Realty, Inc. · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7114066 · Updated October 12, 2026
Similar Homes for Sale Near 3123 Crestwood Drive NE, Alexandria, MN
- 2089 Whispering Oaks Drive NE — $648,900 · 5 bed · 4 bath
- 4366 Country Shores SW — $639,000 · 4 bed · 3 bath
- 1515 Geneva Road NE — $629,000 · 4 bed · 3 bath
- 620 Anderson Way — $619,500 · 5 bed · 3 bath
- 3203 Sundance Circle NW — $599,900 · 5 bed · 4 bath
- 3405 Pawnee Drive SE — $579,000 · 4 bed · 3 bath
Frequently Asked Questions About 3123 Crestwood Drive NE
- Is $699,900 a good price for a home in Alexandria?
- According to BuyPulse, 3123 Crestwood Drive NE rates Fair Market Value — at $205/sqft it's priced right at the typical Alexandria single-family home of $205/sqft. Its negotiating-position score is 94/100 (Strong buyer leverage), 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 3123 Crestwood Drive NE have a basement?
- Yes, 3123 Crestwood Drive NE has a finished basement with 1,616 sq ft of below-grade space.
- Does 3123 Crestwood Drive NE have an HOA?
- Yes, 3123 Crestwood Drive NE has a homeowners association with dues of $10 monthly. HOA includes: Dock, Other.
- What type of heating and cooling does 3123 Crestwood Drive NE have?
- 3123 Crestwood Drive NE has Forced Air, In-Floor Heating and Central Air cooling.
- Where is 3123 Crestwood Drive NE located?
- 3123 Crestwood Drive NE is in the Crestwood Hills neighborhood of Alexandria, MN 56308, in Douglas County.
- Is 3123 Crestwood Drive NE still available?
- Yes — 3123 Crestwood Drive NE is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 3123 Crestwood Drive NE built?
- 3123 Crestwood Drive NE was built in 2013. It features frame construction, an architectural shingle roof, and a concrete perimeter, poured concrete foundation.
- Does 3123 Crestwood Drive NE have main-floor laundry?
- Yes — the laundry at 3123 Crestwood Drive NE is on the main level.
- How many homes like 3123 Crestwood Drive NE are for sale in Alexandria?
- 21 similar homes (single-family homes between $525K and $875K in Alexandria) are for sale right now — you have options.
- Do homes in Alexandria sell for asking price?
- 25% of the last 16 comparable Alexandria sales closed at or over list price — there's room to negotiate. Based on real NorthstarMLS closings, not estimates.
- What does "M Markdowns" mean?
- M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
- 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 11/04/2026, 10:29 AM CST. 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.