1997 single family home for sale at 3874 Airway Lane NE in Alexandria, MN — 5 bed, 4 bath (photo 1 of 79)

3874 Airway Lane NE, Alexandria, MN 56308

5 Beds | 4 Baths | 3,981 Sq Ft | Single Family Home | MLS# 7053346

Price Reduced — was $579,900 (↓ $50,000) · M Markdowns

$529,900

Is 3874 Airway Lane NE a Good Deal?

BuyPulse Verdict

Excellent Value

At $133/sqft — This home is priced 37% below the typical Alexandria single-family home of $210/sqft.

Your Negotiating Position: 84 — Strong buyer leverage

Powered by the Realgorithm™ — 93 active Alexandria listings · NorthstarMLS

$3,415/month Estimated

Principal & interest
$2,679
Property taxes
$427
Home insurance (est.)
$309
HOA dues
None

20% down ($105,980) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Alexandria, MN Active
Offer-Ready56/100Top 3% for leverage

50 earns the badge · a typical active home here scores ~12

The price here has already come down — the numbers point to real room to negotiate.

  • 137 days on market — more than double the usual 58 days
  • Price cut 8.6% (−$50,000)
  • No negative signals found in the listing history

MMR track record: Offer-Ready homes closed a median 11% below their highest asking price — vs 3% for non-flagged reduced homes. MMR analysis of 19 vs 429 NorthstarMLS sales, updated monthly.

Offer-Ready Score is a Modern Market REALTORS® calculation from NorthstarMLS listing data — not MLS-provided data.

About This Home

Fantastic Country Rambler on 17.70 Acres – Space, Comfort, and Convenience Just Minutes from Town! Experience the perfect balance of peaceful country living and easy access to everyday amenities with this beautiful 5-bedroom rambler set on 17.70 scenic acres. Located just 5 miles from town and minutes from beaches and golf courses, this property offers privacy, space, and versatility without sacrificing convenience. Inside, you’ll find nearly 4,000 finished square feet of thoughtfully designed living space freshly updated paint and interior doors on main level, flooring in lower level, new furnace and A/C in 2024, whole house water filtration, fiber optic, featuring an open-concept layout ideal for both everyday living and entertaining. The spacious main level flows seamlessly, with abundant natural light, and room to gather. The home features five bedrooms, including two primary bedrooms—one on each level—offering flexibility and convenience for a variety of living arrangements. The main level is handicap accessible with ramps, wide doorways, and zero clearance walk in shower. The lower level expands your living space even further with a large recreation room and a dedicated media room, perfect for entertaining or relaxing. The large decks and massive yard spaces are perfect for your private retreat or hosting gatherings. For those who need extra storage or workspace, this property truly delivers. In addition to the attached 3-car garage, you’ll find a large 14x25 heated and insulated older detached garage with two sections and a smaller heated room with water and electric, along with 3 overhead doors complete with a lean-to, plus an additional cold storage outbuilding that offers excellent flexibility for equipment storage, projects, or bring horses and chickens for hobby farm use. The expansive acreage provides endless opportunities—whether you’re looking to enjoy wide-open green space, create recreational trails, or explore small-scale agricultural uses. The expansive acreage provides a mix of usable land and preserved natural space. Approximately 12 acres are enrolled in a conservation easement, helping maintain the property’s natural beauty and open character while still offering space for a variety of outdoor uses. This property offers a rare combination of space, functionality, and proximity—making it a standout opportunity for those seeking room to live, work, and enjoy the outdoors. Don't let this amazing property pass you by!

BuyPulse™ — Live Market Read

Homes like this one — ramblers between $397K and $662K in Alexandria:

  • The field: 18 similar Alexandria homes for sale — you have options.
  • Tempo: homes like this went pending in a median 10 days — 3 of the last 9 inside 4 days.
  • Negotiation: 46% of the last 24 sales here closed at or over list — about half hold full price.

Powered by the Realgorithm™ — 24 real Alexandria closings, zero guesses · NorthstarMLS

Key Features

Property Type
Single Family
Year Built
1997
Above Grade
2,283 sq ft
Below Grade
1,698 sq ft
Lot Size
17.70 acres
Lot Features
Corner Lot, CRP Land
Garage
3-car (Attached Garage, Detached Garage, Asphalt)
Heating
Forced Air
Cooling
Central Air
Basement
Yes
Appliances
Water Filtration System, Water Softener Owned
Sewer
Private Sewer, Tank with Drainage Field
Water
Private, Well
Annual Taxes
$5,128
County
Douglas
Days on Market
136

3874 Airway Lane NE is listed in Alexandria, MN, part of Douglas County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 3874 Airway Lane NE

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 Century 21 First Realty, Inc. · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7053346 · Data refreshed August 16, 2026

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Frequently Asked Questions About 3874 Airway Lane NE

Is $529,900 a good price for a home in Alexandria?
According to BuyPulse, 3874 Airway Lane NE rates Excellent Value — at $133/sqft it's priced 37% below the typical Alexandria single-family home of $210/sqft. Its negotiating-position score is 84/100 (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 3874 Airway Lane NE have a basement?
Yes, 3874 Airway Lane NE has a basement with 1,698 sq ft of below-grade space.
What type of heating and cooling does 3874 Airway Lane NE have?
3874 Airway Lane NE has Forced Air heating and Central Air cooling.
Where is 3874 Airway Lane NE located?
3874 Airway Lane NE is in Alexandria, MN 56308, in Douglas County.
Is 3874 Airway Lane NE still available?
Yes — 3874 Airway Lane NE is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 3874 Airway Lane NE built?
3874 Airway Lane NE was built in 1997. It features a 8 ft+ pour foundation.
Does 3874 Airway Lane NE have main-floor laundry?
Yes — the laundry at 3874 Airway Lane NE is on the main level.
How many homes like 3874 Airway Lane NE are for sale in Alexandria?
18 similar homes (ramblers between $397K and $662K in Alexandria) are for sale right now — you have options.
How fast do homes like 3874 Airway Lane NE sell in Alexandria?
Homes like this one (ramblers between $397K and $662K in Alexandria) went pending in a median 10 days over the last 90 days — 3 of the last 9 went under contract within 4 days.
Do homes in Alexandria sell for asking price?
46% of the last 24 comparable Alexandria sales closed at or over list price — about half hold full price. 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.