1108 W Lake Drive — Townhouse, Detroit Lakes, MN 56501
3 Beds | 2 Baths | 1,685 Sq Ft | Townhouse | MLS# 7083584
Price Drop on M Markdowns — was $519,000 (↓ $34,000)
Is 1108 W Lake Drive a Good Deal?
BuyPulse Verdict
Fair Market Value
At $288/sqft — This home is priced right at the typical Detroit Lakes townhome of $288/sqft.
Your Negotiating Position
82 — Strong buyer leverage
Day 135 — Detroit Lakes homes overall typically go under contract by day ~20. This one is past that window.
12 similar homes for sale — alternatives if they won't move.
This seller already cut $34,000 — motivation showing.
Powered by the Realgorithm™ — 17 active Detroit Lakes listings · NorthstarMLS
$3,405/month Estimated
- Principal & interest
- $2,452
- Property taxes
- $358
- Home insurance (est.)
- $283
- Special assessments
- $12
- HOA dues
- $300/mo
20% down ($97,000) · 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.
Located in Lakeview/Detroit Un #3 Cic # 9, Detroit Lakes, MN.
About This Home
Experience carefree lake living on beautiful Detroit Lake! This well-maintained, open concept 3-bedroom, 2-bath townhome offers the perfect combination of waterfront enjoyment and convenient access to everything Detroit Lakes has to offer. Association has 190 feet of frontage that includes a dock and boat slip. Located just minutes from 1-Mile Beach, popular restaurants, shopping, and the area's scenic bike and walking trails, this property puts recreation and entertainment right at your doorstep. Whether you're searching for a year-round residence, weekend retreat, or investment opportunity, this townhome offers low-maintenance living in an unbeatable lakeside location. Owner(s) is licensed agent.
BuyPulse™ — Live Market Read
Homes like this one — townhomes between $364K and $606K in Detroit Lakes:
- The field: 12 similar Detroit Lakes homes for sale — you have options.
Powered by the Realgorithm™ — real Detroit Lakes closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1965
- Garage
- 1-Car Detached
- Style
- One
- HOA
- $300/Monthly
- HOA Includes
- Beach Access, Dock, Lawn Care, Snow Removal
- Annual Taxes
- $4,292.75 (2026)
- Specials/yr
- $145
Property Details
- Property Type
- (TH) Side x Side
- Below Grade Sq Ft
- 1,685
- Lot Size
- 0.014 acres
- Basement
- Yes
- Roof
- Asphalt
- County
- Becker
- List Date
- 2026-05-30
- Days on Market
- 135 days
- Parcel ID
- 491433503
Financial
- Total Tax incl. Assessments
- $4,438
- Specials Pending
- No
- HOA Name
- LAKEVIEW ON DETROIT
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
Interior Features
- Laundry
- Common Area, In Unit
Construction & Exterior
Construction & Structure
- Foundation Type
- Brick/Mortar
- Foundation Area
- 1,685 sqft
- Total Building Area
- 1,685 sqft
Exterior Features
- Exterior Features
- Metal
- Other Structures
- Garage(s)
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Detached Garage
Lot & Land
- Lot Features
- Accessible Shoreline
- Zoning Description
- Residential-Multi-Family,Shoreline
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- Berkshire Hathaway HomeServices Premier Properties
Price History
- Price reduced to $485,000 — Jul 10, 2026
1108 W Lake Drive is listed in Detroit Lakes, MN, part of Becker County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1108 W Lake Drive
Associate Broker · Modern Market REALTORS®
Your Detroit Lakes real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Berkshire Hathaway HomeServices Premier Properties · Shown by Modern Market REALTORS®
Buying a home in Detroit Lakes? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7083584 · Data refreshed July 10, 2026
Similar Homes for Sale Near 1108 W Lake Drive, Detroit Lakes, MN
Frequently Asked Questions About 1108 W Lake Drive
- Is $485,000 a good price for a home in Detroit Lakes?
- According to BuyPulse, 1108 W Lake Drive rates Fair Market Value — at $288/sqft it's priced right at the typical Detroit Lakes townhome of $288/sqft. Its negotiating-position score is 82/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Detroit Lakes homes are closing versus list. Powered by the Realgorithm™. Browse Detroit Lakes homes for sale to compare.
- What are the special assessments at 1108 W Lake Drive — and what do they mean?
- This property has $145/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 $4,292.75/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 1108 W Lake Drive have a basement?
- Yes, 1108 W Lake Drive has a basement with 1,685 sq ft of below-grade space.
- Does 1108 W Lake Drive have an HOA?
- Yes, 1108 W Lake Drive has a homeowners association with dues of $300 monthly. HOA includes: Beach Access, Dock, Lawn Care, Snow Removal.
- What type of heating and cooling does 1108 W Lake Drive have?
- 1108 W Lake Drive has Forced Air heating and Central Air cooling.
- Where is 1108 W Lake Drive located?
- 1108 W Lake Drive is in the Lakeview/detroit Un #3 Cic # 9 neighborhood of Detroit Lakes, MN 56501, in Becker County.
- Is 1108 W Lake Drive still available?
- Yes — 1108 W Lake Drive is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1108 W Lake Drive built?
- 1108 W Lake Drive was built in 1965. It features an asphalt roof and a brick/mortar foundation.
- How walkable is 1108 W Lake Drive?
- 1108 W Lake Drive has a Walk Score of 4/100 (Car-Dependent) and a Bike Score of 26/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 1108 W Lake Drive are for sale in Detroit Lakes?
- 12 similar homes (townhomes between $364K and $606K in Detroit Lakes) are for sale right now — you have options.
- 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 Detroit Lakes 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.
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.