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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 Grade
At Market
At $288/sqft — This home is priced right at the typical Detroit Lakes townhome of $288/sqft.
Powered by the Realgorithm™ — 9 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: 4 similar Detroit Lakes homes for sale — a short list right now.
Powered by the Realgorithm™ — real Detroit Lakes closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- (TH) Side x Side
- Year Built
- 1965
- Below Grade
- 1,685 sq ft
- Lot Size
- 0.01 acres
- Lot Features
- Accessible Shoreline
- Garage
- 1-car attached (Detached Garage)
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Yes
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- HOA
- $300/month (includes Beach Access, Dock, Lawn Care, Snow Removal)
- Annual Taxes
- $4,292.75
- Special Assessments
- $145
- County
- Becker
- Days on Market
- 85
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
Shannon Barnum
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?
- At $288/sqft, this home is priced near the typical Detroit Lakes townhome of $288/sqft, according to our BuyPulse comparison of comparable active listings. 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.
- 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 many homes like 1108 W Lake Drive are for sale in Detroit Lakes?
- 4 similar homes (townhomes between $364K and $606K in Detroit Lakes) are for sale right now — a short list right now.
- 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.