2023 single family home for sale at 40206 Marshview Drive in Emily, MN — 2 bed, 1 bath (photo 1 of 22)

40206 Marshview Drive, Emily, MN 56447

Single Family Home for Sale in Emily, MN 2 Beds | 1 Bath | 840 Sq Ft

M Markdowns — Price Reduced — was $249,000 (↓ $24,100)

$224,900

$1,404/month Estimated

Principal & interest
$1,226
Property taxes
$45
Home insurance (est.)
$131
Special assessments
$2
HOA dues
None

20% down ($44,980) · 30-yr fixed, 7.24%

Try our home affordability calculator

Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.

Emily, MN Active

Located in Emily Meadows, Emily, MN.

About This Home

Excellent starter home on beautiful two-acre lot. Efficient 2-bedroom home with bright, open main living area. New Whirlpool appliances including microwave, dishwasher, laundry washer and dryer. Quality hickory wood cabinets. Butcher block countertops, and custom cedar trims throughout the interior. Lovely rural setting surrounded by new growth pine trees and scenic marshland. Tons of space to add a large pole building. Attached, insulated garage with painted floor. Maintenance free exterior with cedar wood trims. Easy one-level living close to Emily and Crosslake.

BuyPulse · Live market read

How 40206 Marshview Drive Compares to the Emily Market

At $268/sqft, this home is priced $57/sqft below the typical Emily single-family home of $325/sqft.

The median list price in Emily is $587,000.

Verdict: Excellent Value

Powered by the Realgorithm™ — real Emily closings, zero guesses · NorthstarMLS

Key Features

Built
2023
Garage
1-Car Attached
Style
One
HOA
None
Annual Taxes
$539 (2026)
Specials/yr
$25

Neighborhood & Schools

Neighborhood
Emily Meadows

Property Details

Property Type
Single Family
Above Grade Sq Ft
840
Lot Size
2 acres
Basement
No
Roof
Age 8 Years or Less, Asphalt
Construction
Frame
County
Crow Wing
List Date
2026-10-19
Days on Market
24 days
Parcel ID
21300505

Financial

Total Tax incl. Assessments
$564
Specials Pending
No

Home Systems & Utilities

Heating
Baseboard, Wood Stove
Cooling
None
Electric
Circuit Breakers, 200+ Amp Service
Water
Private, Sand Point
Sewer
Private Sewer, Tank with Drainage Field

Interior Features

Fireplace
1 fireplace

Construction & Exterior

Construction & Structure

Foundation Type
Slab
Foundation Area
1,152 sqft
Total Building Area
1,212 sqft

Exterior Features

Exterior Features
Vinyl, Wood
Pool
Yes
Fenced Area
Yes
Other Structures
Other, Storage Shed
View
East
Accessibility Features
No Stairs External, No Stairs Internal

Parking & Garage

Parking Features
Attached Garage, Insulated Garage

Lot & Land

Lot Features
Tree Coverage - Medium
Road Surface
Private Road, Unpaved Streets
Zoning Description
Shoreline,Residential-Single Family

Waterfront

Waterfront
Yes
Body of Water
Unnamed Lake

Agent & Office

List Office
Lake Country Properties

Price History

  • Price reduced to $224,900 — Oct 25, 2026

40206 Marshview Drive is listed in Emily, MN, part of Crow Wing County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 40206 Marshview Drive

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Emily real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

Listed by Lake Country Properties · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7161408 · Updated November 3, 2026

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Frequently Asked Questions About 40206 Marshview Drive

Is $224,900 a good price for a home in Emily?
According to BuyPulse, 40206 Marshview Drive rates Excellent Value — at $268/sqft it's priced 18% below the typical Emily single-family home of $325/sqft. Powered by the Realgorithm™. Browse Emily homes for sale to compare.
What are the special assessments at 40206 Marshview Drive — and what do they mean?
This property has $25/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 $539/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.

What type of heating and cooling does 40206 Marshview Drive have?
40206 Marshview Drive has Baseboard, Wood Stove heating and None cooling.
Where is 40206 Marshview Drive located?
40206 Marshview Drive is in the Emily Meadows neighborhood of Emily, MN 56447, in Crow Wing County.
Is 40206 Marshview Drive still available?
Yes — 40206 Marshview Drive is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 40206 Marshview Drive built?
40206 Marshview Drive was built in 2023. It features frame construction and a slab foundation.
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 Emily area.

MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/12/2026, 1:37 PM CST. 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.