5123 Green Meadow Road SE, Alexandria, MN 56360
5 Beds | 2 Baths | 2,816 Sq Ft | Single Family Home | MLS# 7059344
Price Drop on M Markdowns — was $799,000 (↓ $20,000)
Is 5123 Green Meadow Road SE a Good Deal?
BuyPulse Verdict
Premium Pricing
At $277/sqft — This home is priced 33% above the typical Alexandria single-family home of $208/sqft.
Your Negotiating Position
95 — Strong buyer leverage
Day 172 — Alexandria homes overall typically go under contract by day ~11. This one is past that window.
20% of recent sales closed at or over asking — most sellers here negotiate.
23 similar homes for sale — alternatives if they won't move.
This seller already cut $20,000 — motivation showing.
Powered by the Realgorithm™ — 85 active Alexandria listings · NorthstarMLS
$4,755/month Estimated
- Principal & interest
- $3,939
- Property taxes
- $362
- Home insurance (est.)
- $454
- HOA dues
- None
20% down ($155,800) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Dyrud Westwood Estates, Alexandria, MN.
About This Home
Where Summer Memories Begin… Lake homes come in all shapes and sizes, but very few offer this combination of level sandy shoreline, exceptional updates, generous living space, and a location just minutes from Alexandria and Osakis. Welcome to 5123 Green Meadow Road SE on beautiful Smith Lake. Set on a picturesque one-acre lot with approximately 150 feet of shoreline, this beautifully updated five-bedroom, two-bath home has been thoughtfully renovated from top to bottom, creating a move-in-ready retreat where you can spend more time enjoying the lake and less time working on projects. The bright, open main level showcases maple hardwood floors, custom cabinetry, stone countertops, stainless steel appliances, and expansive windows that frame breathtaking lake views. Whether you’re entertaining family or enjoying a quiet morning coffee, the spacious lakeside deck provides the perfect setting to take it all in. The walkout lower level was designed for gathering after a day on the water, featuring a stunning stone gas fireplace, custom built-ins, two additional bedrooms, and a beautifully remodeled spa-inspired bathroom complete with a tiled walk-in shower and whirlpool tub. Step outside and experience what makes this property truly special. The level yard flows effortlessly to the water’s edge, offering plenty of room for lawn games, bonfires, relaxing afternoons, and making memories that will last for generations. The sandy shoreline invites swimming, boating, fishing, and everything buyers dream about when searching for lake life. The attached heated three-car garage, additional storage shed, and enclosed under-deck storage provide exceptional space for vehicles, water toys, and outdoor equipment. Whether you’re searching for a year-round residence, weekend getaway, or the perfect place to gather family and friends, this Smith Lake home offers the ideal balance of comfort, quality, and recreation. For those looking for even more possibilities, an additional 21-acre parcel located at the end of the cul-de-sac is also available, creating a rare opportunity for added privacy, recreation, or future expansion. Beautifully updated. Move-in ready. Incredible shoreline. Your next chapter at the lake begins here.
Virtual Tour
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $584K and $974K in Alexandria:
- The field: 23 similar Alexandria homes for sale — you have options.
- Negotiation: 20% of the last 15 sales here closed at or over list — there's room to negotiate.
Powered by the Realgorithm™ — 15 real Alexandria closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1994
- Garage
- 3-Car Attached
- Style
- Split Entry (Bi-Level)
- HOA
- None
- Annual Taxes
- $4,348 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,416
- Below Grade Sq Ft
- 1,400
- Lot Size
- 1.02 acres
- Basement
- Yes
- Roof
- Age 8 Years or Less, Asphalt
- Construction
- Frame
- County
- Douglas
- List Date
- 2026-04-23
- Days on Market
- 172 days
- Parcel ID
- 480069200
Financial
- Total Tax incl. Assessments
- $4,348
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air
- Electric
- Circuit Breakers, 100 Amp Service, 200+ Amp Service
- Water
- 4-Inch Submersible, Drilled, Private, Well
- Sewer
- Mound Septic, Private Sewer, Septic System Compliant - Yes
- Appliances
- Air-To-Air Exchanger, Chandelier, Cooktop, Dishwasher, Dryer, Electric Water Heater, Fuel Tank - Rented, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned
Interior Features
- Laundry
- Electric Dryer Hookup, Lower Level, Laundry Room, Sink, Washer Hookup
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Poured Concrete
- Foundation Area
- 1,416 sqft
- Total Building Area
- 2,816 sqft
Exterior Features
- Exterior Features
- Vinyl
- Other Structures
- Storage Shed
- View
- East, Lake, Panoramic
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage, Concrete, Electric, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, Storage
Lot & Land
- Lot Features
- Additional Land Available, Accessible Shoreline, Tree Coverage - Medium
- Road Surface
- County Road, Cul De Sac, No Outlet/Dead End, Township
- Zoning Description
- Shoreline,Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- Randy Fischer Real Estate, Inc
Price History
Reduced $30,000 (3.7%)
- Price reduced to $809,000 — May 21, 2026
- Price reduced to $799,000 — Jun 17, 2026
- Price reduced to $779,000 — Aug 27, 2026
5123 Green Meadow Road SE is listed in Alexandria, MN, part of Douglas County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 5123 Green Meadow Road SE
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 Randy Fischer Real Estate, Inc · Shown by Modern Market REALTORS®
Buying a home in Alexandria? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7059344 · Data refreshed October 8, 2026
Similar Homes for Sale Near 5123 Green Meadow Road SE, Alexandria, MN
- 4680 Cotton Tail Lane NW — $699,900 · 5 bed · 4 bath
- 2729 Arrowwood Drive NW — $699,000 · 4 bed · 4 bath
- 1215 Moor Stone Drive NE — $679,900 · 5 bed · 3 bath
- 2089 Whispering Oaks Drive NE — $649,900 · 5 bed · 4 bath
- 4366 Country Shores SW — $639,000 · 4 bed · 3 bath
- 1515 Geneva Road NE — $639,000 · 4 bed · 3 bath
Frequently Asked Questions About 5123 Green Meadow Road SE
- Is $779,000 a good price for a home in Alexandria?
- According to BuyPulse, 5123 Green Meadow Road SE rates Premium Pricing — at $277/sqft it's priced 33% above the typical Alexandria single-family home of $208/sqft. Its negotiating-position score is 95/100 (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 5123 Green Meadow Road SE have a basement?
- Yes, 5123 Green Meadow Road SE has a finished basement with 1,400 sq ft of below-grade space.
- What type of heating and cooling does 5123 Green Meadow Road SE have?
- 5123 Green Meadow Road SE has Forced Air heating and Central Air cooling.
- Where is 5123 Green Meadow Road SE located?
- 5123 Green Meadow Road SE is in the Dyrud Westwood Estates neighborhood of Alexandria, MN 56360, in Douglas County.
- Is 5123 Green Meadow Road SE still available?
- Yes — 5123 Green Meadow Road SE is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 5123 Green Meadow Road SE built?
- 5123 Green Meadow Road SE was built in 1994. It features frame construction and a poured concrete foundation.
- Does 5123 Green Meadow Road SE have main-floor laundry?
- No — the laundry at 5123 Green Meadow Road SE is in the lower level.
- How many homes like 5123 Green Meadow Road SE are for sale in Alexandria?
- 23 similar homes (single-family homes between $584K and $974K in Alexandria) are for sale right now — you have options.
- Do homes in Alexandria sell for asking price?
- 20% of the last 15 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 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.