1984 single family home for sale at 139 Belle Rae Circle in Brainerd, MN — 5 bed, 3 bath (photo 1 of 25)

139 Belle Rae Circle, Brainerd, MN 56401

Just Listed on M Premiere — listed October 20, 2026

5 Beds | 3 Baths | 3,348 Sq Ft | Single Family Home | MLS# 7162787

$349,900

$2,350/month Estimated

Principal & interest
$1,769
Property taxes
$373
Home insurance (est.)
$204
Special assessments
$4
HOA dues
None

20% down ($69,980) · 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.

Brainerd, MN Active

Located in First Add Madison Heights, Brainerd, MN.

About This Home

INCREDIBLE VALUE AT $349,900! Priced almost $80,000 below assessed value! This impressive 5-bedroom, 3-bath home offers over 3,300 finished square feet and is nestled on a beautifully wooded .86-acre lot at the end of a quiet cul-de-sac in Brainerd! Step inside and appreciate the gorgeous hardwood floors, beautiful open staircase, formal dining room, spacious kitchen, and inviting living spaces filled with character. The primary suite features a private bath and walk-in closet, while the huge finished lower-level family room offers a fireplace and walkout to the partially fenced backyard. Additional highlights include a second fireplace, charming covered front porch, abundant storage, attached 2-car garage, and an incredible 26x38 detached garage/shop! This well-maintained home offers tremendous space, a fantastic setting, and the opportunity to make cosmetic updates to suit your personal style. With so much to offer at this price, this is an opportunity you won't want to miss!

BuyPulse · Live market read

How 139 Belle Rae Circle Compares to the Brainerd Market

At $105/sqft, this home is priced $86/sqft below the typical Brainerd single-family home of $191/sqft.

The median list price in Brainerd is $389,900.

Verdict: Excellent Value

Your negotiating position

60 Balanced market

Seller's market · Balanced · Buyer leverage

Day 0 — similar homes typically go under contract by day ~22, so this one is early in its window.

36% of recent sales closed at or over asking — most sellers here negotiate.

33 similar homes for sale — alternatives if they won't move.

Homes like this one — single-family homes between $262K and $437K in Brainerd:

  • The field: 33 similar Brainerd homes for sale — you have options.
  • Tempo: homes like this went pending in a median 22 days — 2 of the last 17 inside 4 days.
  • Negotiation: 36% of the last 39 sales here closed at or over list — there's room to negotiate.
  • Price cuts: 17 of 33 similar homes have trimmed asking — median trim $10,000. This one hasn't budged.

Powered by the Realgorithm™ — 39 real Brainerd closings, zero guesses · NorthstarMLS

Key Features

Built
1984
Garage
4-Car
Style
Modified Two Story
HOA
None
Annual Taxes
$4,470 (2026)
Specials/yr
$50

Property Details

Property Type
Single Family
Above Grade Sq Ft
2,448
Below Grade Sq Ft
900
Lot Size
0.86 acres
Basement
Yes
Roof
Architectural Shingle
Construction
Frame
County
Crow Wing
List Date
2026-10-20
Days on Market
0 days
Parcel ID
41350629

Financial

Total Tax incl. Assessments
$4,520
Specials Pending
No

Home Systems & Utilities

Heating
Forced Air, Fireplace(s)
Cooling
Central Air
Electric
200+ Amp Service
Water
City Water/Connected
Sewer
City Sewer/Connected
Appliances
Air-To-Air Exchanger, Cooktop, Dishwasher, Dryer, Gas Water Heater, Range, Refrigerator, Wall Oven, Washer

Interior Features

Laundry
In Basement
Fireplace
2 fireplaces

Construction & Exterior

Construction & Structure

Foundation Type
Block
Foundation Area
1,540 sqft
Total Building Area
3,348 sqft

Exterior Features

Exterior Features
Stone
Fenced Area
Yes
Other Structures
Storage Shed
Accessibility Features
None

Parking & Garage

Parking Features
Attached Garage, Detached Garage, Finished Garage, Insulated Garage, Paved Lot

Lot & Land

Lot Features
Irregular Lot, Tree Coverage - Medium
Road Surface
City Street, Cul De Sac, Paved Streets
Zoning Description
Residential-Single Family

Agent & Office

List Office
Weichert REALTORS Tower Properties

Price History

Listed at $349,900 on Oct 20, 2026 — No price changes

139 Belle Rae Circle is listed in Brainerd, MN, part of Crow Wing County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 139 Belle Rae Circle

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Brainerd real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

Listed by Weichert REALTORS Tower Properties · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7162787 · Data refreshed October 20, 2026

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Frequently Asked Questions About 139 Belle Rae Circle

Is $349,900 a good price for a home in Brainerd?
According to BuyPulse, 139 Belle Rae Circle rates Excellent Value — at $105/sqft it's priced 45% below the typical Brainerd single-family home of $191/sqft. Its negotiating-position score is 60/100 (Balanced market), weighed on days on market, comparable inventory, and how Brainerd homes are closing versus list. Powered by the Realgorithm™. Browse Brainerd homes for sale to compare.
What are the special assessments at 139 Belle Rae Circle — and what do they mean?
This property has $50/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 $4,470/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 139 Belle Rae Circle have a basement?
Yes, 139 Belle Rae Circle has a finished basement with 900 sq ft of below-grade space.
What type of heating and cooling does 139 Belle Rae Circle have?
139 Belle Rae Circle has Forced Air, Fireplace(s) heating and Central Air cooling.
Where is 139 Belle Rae Circle located?
139 Belle Rae Circle is in the First Add Madison Heights neighborhood of Brainerd, MN 56401, in Crow Wing County.
Is 139 Belle Rae Circle still available?
Yes — 139 Belle Rae Circle is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 139 Belle Rae Circle built?
139 Belle Rae Circle was built in 1984. It features frame construction, an architectural shingle roof, and a block foundation.
Does 139 Belle Rae Circle have main-floor laundry?
No — the laundry at 139 Belle Rae Circle is in the lower level.
How many homes like 139 Belle Rae Circle are for sale in Brainerd?
33 similar homes (single-family homes between $262K and $437K in Brainerd) are for sale right now — you have options.
How fast do homes like 139 Belle Rae Circle sell in Brainerd?
Homes like this one (single-family homes between $262K and $437K in Brainerd) went pending in a median 22 days over the last 90 days — 2 of the last 17 went under contract within 4 days.
Do homes in Brainerd sell for asking price?
36% of the last 39 comparable Brainerd sales closed at or over list price — there's room to negotiate. Based on real NorthstarMLS closings, not estimates.
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 Brainerd area.

MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/20/2026, 7:19 PM 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.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.