7687 Lindgren Way SW, Alexandria, MN 56308
5 Beds | 3 Baths | 1,440 Sq Ft | Single Family Home | MLS# 7078431
M Markdowns — Price Reduced — was $489,900 (↓ $40,900)
Is 7687 Lindgren Way SW a Good Deal?
BuyPulse Verdict
Premium Pricing
At $312/sqft — This home is priced 50% above the typical Alexandria single-family home of $208/sqft.
Your Negotiating Position
84 — Strong buyer leverage
Day 143 — similar homes typically go under contract by day ~12. This one is past that window.
56% 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 $40,900 — motivation showing.
Powered by the Realgorithm™ — 85 active Alexandria listings · NorthstarMLS
$2,754/month Estimated
- Principal & interest
- $2,270
- Property taxes
- $222
- Home insurance (est.)
- $262
- HOA dues
- None
20% down ($89,800) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
50 earns the badge · a typical active home here scores ~14
The price here has already come down — the numbers point to real room to negotiate.
- 144 days on market — more than double the usual 60 days
- Price cut 8.3% (−$40,900)
- No negative signals found in the listing history
MMR track record: Offer-Ready homes closed a median 12% below their highest asking price — vs 3% for non-flagged reduced homes. MMR analysis of 79 vs 998 NorthstarMLS sales, updated monthly.
How the 0–100 Offer-Ready Score works →
Offer-Ready Score is a Modern Market REALTORS® calculation from NorthstarMLS listing data — not MLS-provided data.
About This Home
Tucked beneath a canopy of mature hardwoods along the quiet shores of Lobster Lake in Alexandria, this one-of-a-kind property features three vintage cabins sold together as a single compound; each one full of genuine character and charm that simply cannot be replicated in new construction. Two of the cabins offer breathtaking views of the lake, making every morning feel like a retreat and every evening something to remember. One cabin features a classic screened porch, perfect for those long summer nights when the loons are calling and the air is warm. Another has a large, welcoming porch that’s made for gatherings, coffee at sunrise, card games in the afternoon, and cold drinks as the sun dips behind the treeline. A private dock reaches out over calm, clear water, and a classic bonfire pit anchors the heart of the property, ready for s’mores, storytelling, and stargazing under open Minnesota skies. Lobster Lake is appropriately named as it provides many bays, points and different areas to explore. Phenomenal fishing can be had right from the dock where you may catch walleyes, bass, crappies, sunnies, northern or even muskies. Yes, you read that right. Lobster is a well-known musky producing lake! Whether you're dreaming of a multi-generational family retreat, a shared escape among friends or a legacy property to hold for decades to come (as the current owners have), this Lobster Lake compound delivers the soul, the setting and the memories all in one extraordinary offering!
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $337K and $561K in Alexandria:
- The field: 25 similar Alexandria homes for sale — you have options.
- Tempo: homes like this went pending in a median 12 days — 2 of the last 14 inside 4 days.
- Negotiation: 56% of the last 39 sales here closed at or over list — about half hold full price.
Powered by the Realgorithm™ — 39 real Alexandria closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1970
- Garage
- 1-Car Detached
- Style
- One
- HOA
- None
- Annual Taxes
- $2,664 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,440
- Lot Size
- 0.842 acres
- Basement
- No
- Roof
- Age Over 8 Years, Age 8 Years or Less, Asphalt
- Construction
- Frame
- County
- Douglas
- List Date
- 2026-05-22
- Days on Market
- 143 days
- Parcel ID
- 271954000
Financial
- Total Tax incl. Assessments
- $2,664
Home Systems & Utilities
- Heating
- Fireplace(s), Other
- Cooling
- Wall Unit(s), Window Unit(s)
- Water
- Drilled, Private, Shared System
- Sewer
- Holding Tank
- Appliances
- Electric Water Heater, Fuel Tank - Owned, Water Osmosis System, Microwave, Range, Refrigerator
Interior Features
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Poured Concrete
- Foundation Area
- 1,440 sqft
- Total Building Area
- 1,440 sqft
Exterior Features
- Exterior Features
- Vinyl
- Other Structures
- Storage Shed
- View
- North, Panoramic, West
- Accessibility Features
- No Stairs Internal
Parking & Garage
- Parking Features
- Detached Garage, Gravel
Lot & Land
- Road Surface
- No Outlet/Dead End, Unpaved Streets
- Zoning Description
- Shoreline,Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- Edina Realty, Inc.
Price History
- Price reduced to $449,000 — Oct 6, 2026
7687 Lindgren Way SW is listed in Alexandria, MN, part of Douglas County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 7687 Lindgren Way SW
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 Edina Realty, Inc. · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7078431 · Data refreshed October 12, 2026
Similar Homes for Sale Near 7687 Lindgren Way SW, Alexandria, MN
Frequently Asked Questions About 7687 Lindgren Way SW
- Is $449,000 a good price for a home in Alexandria?
- According to BuyPulse, 7687 Lindgren Way SW rates Premium Pricing — at $312/sqft it's priced 50% above the typical Alexandria single-family home of $208/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.
- What type of heating and cooling does 7687 Lindgren Way SW have?
- 7687 Lindgren Way SW has Fireplace(s), Other heating and Wall Unit(s), Window Unit(s) cooling.
- Where is 7687 Lindgren Way SW located?
- 7687 Lindgren Way SW is in Alexandria, MN 56308, in Douglas County.
- Is 7687 Lindgren Way SW still available?
- Yes — 7687 Lindgren Way SW is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 7687 Lindgren Way SW built?
- 7687 Lindgren Way SW was built in 1970. It features frame construction and a poured concrete foundation.
- How walkable is 7687 Lindgren Way SW?
- 7687 Lindgren Way SW has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 15/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 7687 Lindgren Way SW are for sale in Alexandria?
- 25 similar homes (single-family homes between $337K and $561K in Alexandria) are for sale right now — you have options.
- How fast do homes like 7687 Lindgren Way SW sell in Alexandria?
- Homes like this one (single-family homes between $337K and $561K in Alexandria) went pending in a median 12 days over the last 90 days — 2 of the last 14 went under contract within 4 days.
- Do homes in Alexandria sell for asking price?
- 56% of the last 39 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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