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4 Beds | 3 Baths | 2,143 Sq Ft | Single Family Home | MLS# 7130150
Is 5368 County Road 23 SE a Good Deal?
BuyPulse Verdict
Excellent Value
At $175/sqft — This home is priced 17% below the typical Alexandria single-family home of $210/sqft.
Your Negotiating Position: 54 — Balanced market
Powered by the Realgorithm™ — 93 active Alexandria listings · NorthstarMLS
$2,390/month Estimated
- Principal & interest
- $1,896
- Property taxes
- $217
- Home insurance (est.)
- $219
- Special assessments
- $58 + pending
- HOA dues
- None
20% down ($75,000) · 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 $281K and $469K in Alexandria:
- The field: 21 similar Alexandria homes for sale — you have options.
- Tempo: homes like this went pending in a median 9 days — 8 of the last 29 inside 4 days.
- Negotiation: 61% of the last 56 sales here closed at or over list — Alexandria doesn't discount.
Powered by the Realgorithm™ — 56 real Alexandria closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1900
- Above Grade
- 2,143 sq ft
- Lot Size
- 1.59 acres
- Garage
- 2-car (Attached Garage, Asphalt)
- Heating
- Baseboard, Forced Air
- Cooling
- Central Air
- Basement
- Yes
- Sewer
- City Sewer/Connected
- Water
- Private, Well
- Annual Taxes
- $2,606
- Special Assessments
- $700
- County
- Douglas
- Days on Market
- 9
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
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 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 August 20, 2026
Similar Homes for Sale Near 5368 County Road 23 SE, Alexandria, MN
Frequently Asked Questions About 5368 County Road 23 SE
- Is $375,000 a good price for a home in Alexandria?
- According to BuyPulse, 5368 County Road 23 SE rates Excellent Value — at $175/sqft it's priced 17% below the typical Alexandria single-family home of $210/sqft. Its negotiating-position score is 54/100 (Balanced market), 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.
- 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 many homes like 5368 County Road 23 SE are for sale in Alexandria?
- 21 similar homes (single-family homes between $281K and $469K 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 $281K and $469K in Alexandria) went pending in a median 9 days over the last 90 days — 8 of the last 29 went under contract within 4 days.
- Do homes in Alexandria sell for asking price?
- 61% of the last 56 comparable Alexandria sales closed at or over list price — Alexandria doesn't discount. Based on real NorthstarMLS closings, not estimates.
- 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.