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5 Beds | 6 Baths | 3,740 Sq Ft | Single Family Home | MLS# 7061765
Price Drop on M Markdowns — was $2,949,000 (↓ $159,000)
$16,626/month Estimated
- Principal & interest
- $14,108
- Property taxes
- $883
- Home insurance (est.)
- $1,628
- Special assessments
- $7
- HOA dues
- None
20% down ($558,000) · 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.
New Construction
About This Home
There are a handful of properties on Gull Lake where the setting does the talking. This is one of them. Panoramic north and west lake and sunset views frame this ~3,700 sq. ft. new-construction retreat with 5 bedrooms and 6 baths. Enjoy an exceptional location on Steamboat Bay of Gull Lake. Designed for year-round comfort, the build quality is deliberate and features 2x6 construction, insulated interior walls and floors, a concrete block foundation, and a heated garage with radiant in-floor heat extended into key bath areas. Inside enjoy multiple primary suites, heated tile floors, high-end kitchen appliances, three fireplaces for inviting gathering spaces, and a fully finished walk-out lower level with its own living space. A full smart home system integrates lighting, thermostats and security cameras with app/Alexa control with geofencing so the home is ready when you arrive. Engineered LP siding with stone-look accents, concrete edging, and granite landscape features compliment the lakefront setting with approximately 150 feet of Gull Lake frontage with excellent sand bottom. A private well with water softener, city sewer, and Minnesota Power electric complete this thoughtfully crafted modern lake home. Walk, bike or use a golf cart to connect to the amenities of the south end of Gull Lake using the current trail system. Step into the lifestyle you’ve been waiting for and discover the opportunity to make this exceptional home your own.
BuyPulse · Live market read
Is 11389 E Steamboat Bay Road a Good Deal?
At $746/sqft, this home is priced $357/sqft above the East Gull Lake median of $389/sqft.
The median list price in East Gull Lake is $899,000.
Verdict: Premium Pricing
Powered by the Realgorithm™ — real East Gull Lake closings, zero guesses · NorthstarMLS
Key Features
- Built
- 2026
- Garage
- 3-Car Attached
- Style
- Two
- HOA
- None
- Annual Taxes
- $10,594 (2026)
- Specials/yr
- $86
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 3,080
- Below Grade Sq Ft
- 660
- Lot Size
- 0.7 acres
- Basement
- Yes
- Roof
- Metal, Pitched
- Construction
- Frame
- County
- Cass
- List Date
- 2026-05-22
- Days on Market
- 147 days
- Parcel ID
- 870291406
Financial
- Total Tax incl. Assessments
- $10,680
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Boiler, Forced Air, In-Floor Heating, Radiant
- Cooling
- Central Air
- Electric
- 200+ Amp Service
- Water
- Drilled
- Sewer
- City Sewer/Connected
- Appliances
- Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Washer, Water Softener Owned, Wine Cooler
Interior Features
- Laundry
- Main Level
- Fireplace
- 3 fireplaces
Construction & Exterior
Construction & Structure
- New Construction
- Yes
- Foundation Type
- Block
- Foundation Area
- 1,616 sqft
- Total Building Area
- 3,740 sqft
Exterior Features
- Exterior Features
- Cement Board, Engineered Wood
- View
- Lake, North, Panoramic, West
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage, Asphalt, Floor Drain, Finished Garage, Garage Door Opener, Heated Garage
Lot & Land
- Lot Features
- Tree Coverage - Medium
- Road Surface
- Paved Streets, Private Road
- Zoning Description
- Shoreline,Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- Keller Williams Realty Professionals/Larson Group Real Estate
Price History
Reduced $159,000 (5.4%)
- Price reduced to $2,949,000 — Sep 8, 2026
- Price reduced to $2,790,000 — Oct 5, 2026
11389 E Steamboat Bay Road is listed in East Gull Lake, MN, part of Cass County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 11389 E Steamboat Bay Road
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Listed by Keller Williams Realty Professionals/Larson Group Real Estate · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7061765 · Data refreshed October 6, 2026
Similar Homes for Sale Near 11389 E Steamboat Bay Road, East Gull Lake, MN
Frequently Asked Questions About 11389 E Steamboat Bay Road
- Is $2,790,000 a good price for a home in East Gull Lake?
- According to BuyPulse, 11389 E Steamboat Bay Road rates Premium Pricing — at $746/sqft it's priced 92% above the East Gull Lake median of $389/sqft. Powered by the Realgorithm™. Browse East Gull Lake homes for sale to compare.
- What are the special assessments at 11389 E Steamboat Bay Road — and what do they mean?
- This property has $86/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 $10,594/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 11389 E Steamboat Bay Road have a basement?
- Yes, 11389 E Steamboat Bay Road has a basement with 660 sq ft of below-grade space.
- What type of heating and cooling does 11389 E Steamboat Bay Road have?
- 11389 E Steamboat Bay Road has Boiler, Forced Air, In-Floor Heating, Radiant heating and Central Air cooling.
- Where is 11389 E Steamboat Bay Road located?
- 11389 E Steamboat Bay Road is in East Gull Lake, MN 56401, in Cass County.
- Is 11389 E Steamboat Bay Road still available?
- Yes — 11389 E Steamboat Bay Road is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 11389 E Steamboat Bay Road built?
- 11389 E Steamboat Bay Road was built in 2026. It features frame construction and a block foundation.
- Does 11389 E Steamboat Bay Road have main-floor laundry?
- Yes — the laundry at 11389 E Steamboat Bay Road is on the main level.
- How walkable is 11389 E Steamboat Bay Road?
- 11389 E Steamboat Bay Road has a Walk Score of 1/100 (Car-Dependent) and a Bike Score of 26/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- 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.
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the East Gull Lake area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/16/2026, 7:51 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.