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5 Beds | 3 Baths | 4,080 Sq Ft | Single Family Home | MLS# 7085673
Is 1115 Summit Avenue a Good Deal?
BuyPulse Grade
Well Below Market
At $121/sqft — This home is priced 49% below the typical Detroit Lakes single-family home of $235/sqft.
Powered by the Realgorithm™ — 119 active Detroit Lakes listings · NorthstarMLS
$3,039/month Estimated
- Principal & interest
- $2,503
- Property taxes
- $247
- Home insurance (est.)
- $289
- HOA dues
- None
20% down ($99,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Holmes Add/Detroit, Detroit Lakes, MN.
About This Home
MAJESTIC HOME ON HISTORIC SUMMIT AVE - 5 Bedrooms -- 3 Bathrooms -- Screened in Summit facing porch -- 4,080 sq ft -- 3 stall detached garage -- fenced in back yard -- Thru driveway from Summit to Minnesota Ave. After 29 years off market, this historic home on Summit Ave awaits a new owner. Hardwood floors, bold woodwork and doors, stained glass accents, Cherry built-ins and even butler's stairway are just a few of the many details this grand home has to offer. A city block deep lot means a large yard and nice privacy, as the home is set back off Summit Ave so mornings or evenings spent in the screened porch are even more special. Triple stall garage that previous owner equipped with hot and cold water making this an IDEAL workspace for any auto enthusiast or hobbyist. This home will certainly be a crown jewel for the new owner.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $371K and $619K in Detroit Lakes:
- The field: 40 similar Detroit Lakes homes for sale — you have options.
- Tempo: homes like this went pending in a median 24 days — 2 of the last 14 inside 4 days.
- Negotiation: 43% of the last 21 sales here closed at or over list — about half hold full price.
Powered by the Realgorithm™ — 21 real Detroit Lakes closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1905
- Above Grade
- 4,080 sq ft
- Lot Size
- 0.60 acres
- Garage
- 3-car (Detached Garage, Gravel)
- Heating
- Boiler, Radiant
- Cooling
- Window Unit(s)
- Basement
- Yes
- Appliances
- Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $2,960
- County
- Becker
- Days on Market
- 82
1115 Summit Avenue is listed in Detroit Lakes, MN, part of Becker County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1115 Summit Avenue
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 REMAX Lakes Region · Shown by Modern Market REALTORS®
Buying a home in Detroit Lakes? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7085673 · Data refreshed June 3, 2026
Similar Homes for Sale Near 1115 Summit Avenue, Detroit Lakes, MN
Frequently Asked Questions About 1115 Summit Avenue
- Is $495,000 a good price for a home in Detroit Lakes?
- At $121/sqft, this home is priced significantly below the typical Detroit Lakes single-family home of $235/sqft (49% lower), according to our BuyPulse comparison of comparable active listings. Browse Detroit Lakes homes for sale to compare.
- Does 1115 Summit Avenue have a basement?
- Yes, 1115 Summit Avenue has a basement.
- What type of heating and cooling does 1115 Summit Avenue have?
- 1115 Summit Avenue has Boiler, Radiant heating and Window Unit(s) cooling.
- Where is 1115 Summit Avenue located?
- 1115 Summit Avenue is in the Holmes Add/detroit neighborhood of Detroit Lakes, MN 56501, in Becker County.
- Is 1115 Summit Avenue still available?
- Yes — 1115 Summit Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1115 Summit Avenue built?
- 1115 Summit Avenue was built in 1905. It features an asphalt roof and a stone foundation.
- Does 1115 Summit Avenue have main-floor laundry?
- No — the laundry at 1115 Summit Avenue is in the lower level.
- How many homes like 1115 Summit Avenue are for sale in Detroit Lakes?
- 40 similar homes (single-family homes between $371K and $619K in Detroit Lakes) are for sale right now — you have options.
- How fast do homes like 1115 Summit Avenue sell in Detroit Lakes?
- Homes like this one (single-family homes between $371K and $619K in Detroit Lakes) went pending in a median 24 days over the last 90 days — 2 of the last 14 went under contract within 4 days.
- Do homes in Detroit Lakes sell for asking price?
- 43% of the last 21 comparable Detroit Lakes sales closed at or over list price — about half hold full price. Based on real NorthstarMLS closings, not estimates.
- 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.