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 32% above 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
$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: 26 similar Alexandria homes for sale — you have options.
- Tempo: homes like this went pending in a median 15 days — 1 of the last 10 inside 4 days.
- Negotiation: 55% of the last 22 sales here closed at or over list — about half hold full price.
Powered by the Realgorithm™ — 22 real Alexandria closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1994
- Above Grade
- 1,416 sq ft
- Below Grade
- 1,400 sq ft
- Lot Size
- 1.02 acres
- Lot Features
- Additional Land Available, Accessible Shoreline, Tree Coverage - Medium
- Garage
- 3-car (Attached Garage, Concrete, Electric, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, Storage)
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Finished
- 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
- Sewer
- Mound Septic, Private Sewer, Septic System Compliant - Yes
- Water
- 4-Inch Submersible, Drilled, Private, Well
- Annual Taxes
- $4,348
- County
- Douglas
- Days on Market
- 127
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
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 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 August 27, 2026
Similar Homes for Sale Near 5123 Green Meadow Road SE, Alexandria, MN
- 1215 Moor Stone Drive NE — $699,000 · 5 bed · 3 bath
- 3405 Pawnee Drive SE — $669,900 · 4 bed · 3 bath
- 1515 Geneva Road NE — $669,900 · 4 bed · 3 bath
- 2089 Whispering Oaks Drive NE — $649,900 · 5 bed · 4 bath
- 2441 Highland Trail SW — $645,000 · 4 bed · 4 bath
- 524 E Lake Cowdry Road NW — $625,000 · 4 bed · 2 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 32% above 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 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?
- 26 similar homes (single-family homes between $584K and $974K in Alexandria) are for sale right now — you have options.
- How fast do homes like 5123 Green Meadow Road SE sell in Alexandria?
- Homes like this one (single-family homes between $584K and $974K in Alexandria) went pending in a median 15 days over the last 90 days — 1 of the last 10 went under contract within 4 days.
- Do homes in Alexandria sell for asking price?
- 55% of the last 22 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.