23140 Oak Lane, Bovey, MN 55709
Just Listed — listed August 31, 2026 · M Premiere
2 Beds | 1 Bath | 976 Sq Ft | Single Family Home | MLS# 7136461
Is 23140 Oak Lane a Good Deal?
BuyPulse Verdict
Excellent Value
At $179/sqft — This home is priced 15% below the typical Bovey single-family home of $210/sqft.
Your Negotiating Position
40 — Seller-leaning market
Day 1 — Bovey homes overall typically go under contract by day ~39, so this one is early in its window.
4 similar homes for sale — alternatives if they won't move.
Powered by the Realgorithm™ — 13 active Bovey listings · NorthstarMLS
$1,116/month Estimated
- Principal & interest
- $885
- Property taxes
- $117
- Home insurance (est.)
- $102
- Special assessments
- $12
- HOA dues
- None
20% down ($35,000) · 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.
Deciding Week · Day 3 of 7
Day count from the MLS listing date · cohort stats from the last 90 days · NorthstarMLS
About This Home
Opportunity awaits on Lower Balsam Lake! This 2-bedroom, 1-bath cabin sits on .54 acres with 109 feet of shoreline and is ready for someone with vision to bring it back to life. This property needs TLC and is being offered as a fixer-upper, providing an excellent opportunity for those willing to put in the work to create their own Northwoods getaway. The cabin offers a functional starting point, while the property itself features plenty of outdoor amenities, including a large deck, screened-in patio, roll in dock, sauna house, storage shed, and single-stall detached garage. With a beautiful lakeside setting on Lower Balsam Lake and plenty of space to work with, this could be a rewarding project for an investor, handyman, or buyer looking for a cabin they can renovate and make their own. Bring your tools, ideas, and vision—this one will require work, but the potential is here!
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $131K and $219K in Bovey:
- The field: 4 similar Bovey homes for sale — a short list right now.
Powered by the Realgorithm™ — real Bovey closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1942
- Above Grade
- 976 sq ft
- Lot Size
- 0.54 acres
- Lot Features
- Accessible Shoreline
- Garage
- 1-car (Detached Garage)
- Heating
- Forced Air, Fireplace(s)
- Cooling
- None
- Appliances
- Range
- Sewer
- Septic System Compliant - No
- Water
- Well
- Annual Taxes
- $1,399
- Special Assessments
- $147
- County
- Itasca
- Days on Market
- 1
23140 Oak Lane is listed in Bovey, MN, part of Itasca County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 23140 Oak Lane
Associate Broker · Modern Market REALTORS®
Your Bovey real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Mirabella Realty · 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# 7136461 · Data refreshed September 1, 2026
Similar Homes for Sale Near 23140 Oak Lane, Bovey, MN
Frequently Asked Questions About 23140 Oak Lane
- Is $175,000 a good price for a home in Bovey?
- According to BuyPulse, 23140 Oak Lane rates Excellent Value — at $179/sqft it's priced 15% below the typical Bovey single-family home of $210/sqft. Its negotiating-position score is 40/100 (Seller-leaning market), weighed on days on market, comparable inventory, and how Bovey homes are closing versus list. Powered by the Realgorithm™. Browse Bovey homes for sale to compare.
- What are the special assessments at 23140 Oak Lane — and what do they mean?
- This property has $147/yr in annual special assessments, with no 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 $1,399/yr. Always factor both into your total monthly housing cost before making an offer.
- What type of heating and cooling does 23140 Oak Lane have?
- 23140 Oak Lane has Forced Air, Fireplace(s) heating and None cooling.
- Where is 23140 Oak Lane located?
- 23140 Oak Lane is in Bovey, MN 55709, in Itasca County.
- Is 23140 Oak Lane still available?
- Yes — 23140 Oak Lane is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 23140 Oak Lane built?
- 23140 Oak Lane was built in 1942. It features frame construction, an asphalt roof, and a other foundation.
- How walkable is 23140 Oak Lane?
- 23140 Oak Lane has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 20/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 23140 Oak Lane are for sale in Bovey?
- 4 similar homes (single-family homes between $131K and $219K in Bovey) are for sale right now — a short list right now.
- What does "M Premiere" mean?
- M Premiere™ is Modern Market REALTORS®’ early-access tracker for homes entering NorthstarMLS during the critical first 96 hours on market. Well-priced homes in Fargo-Moorhead frequently receive their strongest buyer attention in that opening window. M Premiere surfaces new inventory the moment it lists — so buyers can act before a home becomes widely discovered.
- 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 Bovey area.