1112 W Lake Drive — Townhouse, Detroit Lakes, MN 56501
3 Beds | 1 Bath | 1,012 Sq Ft | Townhouse | MLS# 7083580
Price Reduced — was $429,000 (↓ $19,000) · M Markdowns
Is 1112 W Lake Drive a Good Deal?
BuyPulse Verdict
Premium Pricing
At $405/sqft — This home is priced 41% above the typical Detroit Lakes townhome of $288/sqft.
Your Negotiating Position
88 — Strong buyer leverage
Day 128 — Detroit Lakes homes overall typically go under contract by day ~21. This one is past that window.
15 similar homes for sale — alternatives if they won't move.
This seller already cut $19,000 — motivation showing.
Powered by the Realgorithm™ — 17 active Detroit Lakes listings · NorthstarMLS
$2,962/month Estimated
- Principal & interest
- $2,073
- Property taxes
- $331
- Home insurance (est.)
- $239
- Special assessments
- $19
- HOA dues
- $300/mo
20% down ($82,000) · 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 Cic #91, Detroit Lakes, MN.
About This Home
Experience carefree lake living on beautiful Detroit Lake! This well-maintained 3-bedroom, 1-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.
BuyPulse™ — Live Market Read
Homes like this one — townhomes between $308K and $513K in Detroit Lakes:
- The field: 15 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, Heating, Lawn Care
- Annual Taxes
- $3,968.75 (2026)
- Specials/yr
- $233
Property Details
- Property Type
- (TH) Side x Side
- Above Grade Sq Ft
- 1,012
- Lot Size
- 0.016 acres
- Basement
- Yes
- Roof
- Asphalt
- County
- Becker
- List Date
- 2026-05-30
- Days on Market
- 128 days
- Parcel ID
- 491433501
Financial
- Total Tax incl. Assessments
- $4,202
- Specials Pending
- No
- HOA Name
- LAKEVIEW ON DETROIT
Home Systems & Utilities
- Heating
- Boiler, Ductless Mini-Split
- Cooling
- Ductless Mini-Split, Wall Unit(s)
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
Interior Features
- Laundry
- Common Area, In Unit
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 1,012 sqft
- Total Building Area
- 1,012 sqft
Exterior Features
- Exterior Features
- Metal
- Other Structures
- Garage(s)
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Detached Garage
Lot & Land
- Zoning Description
- Residential-Multi-Family,Shoreline
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- Berkshire Hathaway HomeServices Premier Properties
Price History
- Price reduced to $410,000 — Jul 10, 2026
1112 W Lake Drive is listed in Detroit Lakes, MN, part of Becker County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1112 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# 7083580 · Data refreshed July 10, 2026
Similar Homes for Sale Near 1112 W Lake Drive, Detroit Lakes, MN
- 21779 US Highway 59 — $349,000 · 3 bed · 2 bath
- 1037 Village Lane — $349,000 · 2 bed · 2 bath
- 1760 Brainard Boulevard — $344,000 · 2 bed · 2 bath
- 1583 E Shore Drive — $339,000 · 4 bed · 2 bath
- 364 Homestead Street — $336,000 · 4 bed · 2 bath
- 27096 Little Floyd Lake Road, Unit 3 — $329,900 · 3 bed · 1 bath
Frequently Asked Questions About 1112 W Lake Drive
- Is $410,000 a good price for a home in Detroit Lakes?
- According to BuyPulse, 1112 W Lake Drive rates Premium Pricing — at $405/sqft it's priced 41% above the typical Detroit Lakes townhome of $288/sqft. Its negotiating-position score is 88/100 (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 1112 W Lake Drive — and what do they mean?
- This property has $233/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 $3,968.75/yr. Always factor both into your total monthly housing cost before making an offer.
What special assessments cost in Detroit Lakes — live figures on every home for sale.
- Does 1112 W Lake Drive have a basement?
- Yes, 1112 W Lake Drive has a basement.
- Does 1112 W Lake Drive have an HOA?
- Yes, 1112 W Lake Drive has a homeowners association with dues of $300 monthly. HOA includes: Beach Access, Dock, Heating, Lawn Care.
- What type of heating and cooling does 1112 W Lake Drive have?
- 1112 W Lake Drive has Boiler, Ductless Mini-Split heating and Ductless Mini-Split, Wall Unit(s) cooling.
- Where is 1112 W Lake Drive located?
- 1112 W Lake Drive is in the Lakeview/detroit Cic #91 neighborhood of Detroit Lakes, MN 56501, in Becker County.
- Is 1112 W Lake Drive still available?
- Yes — 1112 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 1112 W Lake Drive built?
- 1112 W Lake Drive was built in 1965. It features an asphalt roof and a block foundation.
- How walkable is 1112 W Lake Drive?
- 1112 W Lake Drive has a Walk Score of 4/100 (Car-Dependent) and a Bike Score of 29/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 1112 W Lake Drive are for sale in Detroit Lakes?
- 15 similar homes (townhomes between $308K and $513K 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.