5368 County Road 23 SE, Alexandria, MN 56308
4 Beds | 3 Baths | 2,143 Sq Ft | Single Family Home | MLS# 7130150
Price Drop on M Markdowns — was $348,500 (↓ $23,500)
Is 5368 County Road 23 SE a Good Deal?
BuyPulse Verdict
Excellent Value
At $152/sqft — This home is priced 27% below the typical Alexandria single-family home of $208/sqft.
Your Negotiating Position
76 — Strong buyer leverage
Day 54 — similar homes typically go under contract by day ~9. This one is past that window.
55% of recent sales closed at or over asking — about half hold full price.
25 similar homes for sale — alternatives if they won't move.
This seller already cut $23,500 — motivation showing.
Powered by the Realgorithm™ — 85 active Alexandria listings · NorthstarMLS
$2,108/month Estimated
- Principal & interest
- $1,643
- Property taxes
- $217
- Home insurance (est.)
- $190
- Special assessments
- $58 + pending
- HOA dues
- None
20% down ($65,000) · 30-yr fixed, 6.5% · Can I afford this home?
Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.
About This Home
An affordable opportunity to own 166 feet of shoreline on Lake Burgen, one of Alexandria’s finest lakes for under $400,000. Set on 1.59 acres beneath the same mature oak trees that William Burgan once enjoyed, this historic Burgan homestead offers a rare opportunity to own a piece of Alexandria history. The spacious home provides the setting, square footage and potential to create a standout lake property while building meaningful equity. Update the existing home to fit your style, expand the outdoor living areas or explore the many possibilities the generous lot provides. City sewer adds convenience and removes the concern of maintaining a private septic system. Located just minutes from Alexandria, this property combines everyday convenience with lake life. Bring your plans and vision! Opportunities with this much frontage, acreage and upside at this price are increasingly hard to find.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $244K and $406K in Alexandria:
- The field: 25 similar Alexandria homes for sale — you have options.
- Tempo: homes like this went pending in a median 9 days — 5 of the last 21 inside 4 days.
- Negotiation: 55% of the last 42 sales here closed at or over list — about half hold full price.
Powered by the Realgorithm™ — 42 real Alexandria closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1900
- Garage
- 2-Car Attached
- Style
- Modified Two Story
- HOA
- None
- Annual Taxes
- $2,606 (2026)
- Specials/yr
- $700 + pending
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 2,143
- Lot Size
- 1.59 acres
- Basement
- Yes
- Roof
- Asphalt
- Construction
- Frame
- County
- Douglas
- List Date
- 2026-08-19
- Days on Market
- 54 days
- Parcel ID
- 210043620
Financial
- Total Tax incl. Assessments
- $3,306
- Specials Pending
- Yes
Home Systems & Utilities
- Heating
- Baseboard, Forced Air
- Cooling
- Central Air
- Water
- Private, Well
- Sewer
- City Sewer/Connected
Interior Features
- Laundry
- Main Level
Construction & Exterior
Construction & Structure
- Foundation Type
- Stone
- Foundation Area
- 1,800 sqft
- Total Building Area
- 2,343 sqft
Exterior Features
- Exterior Features
- Engineered Wood
- Other Structures
- Storage Shed
- View
- West
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage, Asphalt
Lot & Land
- Zoning Description
- Shoreline,Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- Counselor Realty Inc of Alex
Price History
Reduced $40,000 (11.0%)
- Price reduced to $365,000 — Sep 10, 2026
- Price reduced to $348,500 — Sep 24, 2026
- Price reduced to $325,000 — Oct 12, 2026
5368 County Road 23 SE is listed in Alexandria, MN, part of Douglas County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 5368 County Road 23 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 Counselor Realty Inc of Alex · Shown by Modern Market REALTORS®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7130150 · Data refreshed October 12, 2026
Similar Homes for Sale Near 5368 County Road 23 SE, Alexandria, MN
Frequently Asked Questions About 5368 County Road 23 SE
- Is $325,000 a good price for a home in Alexandria?
- According to BuyPulse, 5368 County Road 23 SE rates Excellent Value — at $152/sqft it's priced 27% below the typical Alexandria single-family home of $208/sqft. Its negotiating-position score is 76/100 (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.
- What are the special assessments at 5368 County Road 23 SE — and what do they mean?
- This property has $700/yr in annual special assessments with additional specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $2,606/yr. Always factor both into your total monthly housing cost before making an offer.
What special assessments cost in Fargo-Moorhead — live figures on every home for sale.
- Does 5368 County Road 23 SE have a basement?
- Yes, 5368 County Road 23 SE has a basement.
- What type of heating and cooling does 5368 County Road 23 SE have?
- 5368 County Road 23 SE has Baseboard, Forced Air heating and Central Air cooling.
- Where is 5368 County Road 23 SE located?
- 5368 County Road 23 SE is in Alexandria, MN 56308, in Douglas County.
- Is 5368 County Road 23 SE still available?
- Yes — 5368 County Road 23 SE is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 5368 County Road 23 SE built?
- 5368 County Road 23 SE was built in 1900. It features frame construction, an asphalt roof, and a stone foundation.
- Does 5368 County Road 23 SE have main-floor laundry?
- Yes — the laundry at 5368 County Road 23 SE is on the main level.
- How walkable is 5368 County Road 23 SE?
- 5368 County Road 23 SE has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 25/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 5368 County Road 23 SE are for sale in Alexandria?
- 25 similar homes (single-family homes between $244K and $406K in Alexandria) are for sale right now — you have options.
- How fast do homes like 5368 County Road 23 SE sell in Alexandria?
- Homes like this one (single-family homes between $244K and $406K in Alexandria) went pending in a median 9 days over the last 90 days — 5 of the last 21 went under contract within 4 days.
- Do homes in Alexandria sell for asking price?
- 55% of the last 42 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.
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.
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