40776 Mary Lake Road, Emily, MN 56447
5 Beds | 3 Baths | 2,800 Sq Ft | Single Family Home | MLS# 7055385
M Markdowns — Price Reduced — was $594,900 (↓ $5,000)
Is 40776 Mary Lake Road a Good Deal?
BuyPulse Verdict
Excellent Value
At $211/sqft — This home is priced 40% below the typical Emily single-family home of $351/sqft.
Powered by the Realgorithm™ — 12 active Emily listings · NorthstarMLS
$3,413/month Estimated
- Principal & interest
- $2,983
- Property taxes
- $84
- Home insurance (est.)
- $344
- Special assessments
- $2
- HOA dues
- None
20% down ($117,980) · 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.
About This Home
Tucked away in a quiet and peaceful setting, this 5-bedroom, 3-bath home sits on nearly 40 acres with a walkout basement and a patio with fire ring—and even a perfect spot just waiting for a hot tub! The main floor features a spacious living room with gas fireplace, formal dining room, kitchen with center island, and a primary suite with newly updated shower, plus two additional bedrooms and a full bath. The lower level offers a large family room with wet bar, two additional bedrooms, and a full bath. Outside you'll find a 3-car attached garage and a brand new 36x56 pole barn. Just minutes from hundreds of acres of Duck Lake Wildlife Management Area and four-wheeler trails—a true sportsman's paradise!
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $442K and $737K in Emily:
- The field: 6 similar Emily homes for sale — a short list right now.
Powered by the Realgorithm™ — real Emily closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1998
- Garage
- 3-Car
- Style
- One
- HOA
- None
- Annual Taxes
- $1,009 (2026)
- Specials/yr
- $25
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,473
- Below Grade Sq Ft
- 1,327
- Lot Size
- 39.91 acres
- Basement
- Yes
- Roof
- Age 8 Years or Less, Architectural Shingle
- Construction
- Frame
- County
- Crow Wing
- List Date
- 2026-04-14
- Days on Market
- 181 days
- Parcel ID
- 74300517
Financial
- Total Tax incl. Assessments
- $1,034
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air
- Electric
- 200+ Amp Service
- Water
- 4-Inch Submersible, Drilled
- Sewer
- Tank with Drainage Field
- Appliances
- Air-To-Air Exchanger, Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer, Water Softener Owned
Interior Features
- Laundry
- In Kitchen, Laundry Closet, Lower Level, Main Level, Washer Hookup
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 1,473 sqft
- Total Building Area
- 2,946 sqft
Exterior Features
- Exterior Features
- Stone, Cedar, Steel Siding
- Other Structures
- Pole Building
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage, Detached Garage, Gravel, Floor Drain, Garage Door Opener
Lot & Land
- Lot Features
- Tree Coverage - Medium
- Road Surface
- Township, Unpaved Streets
- Zoning Description
- Shoreline
Agent & Office
- List Office
- Coldwell Banker Crown Realtors
Price History
Reduced $5,000 (0.8%)
- Price reduced to $594,900 — Jul 14, 2026
- Price reduced to $589,900 — Aug 6, 2026
40776 Mary Lake Road is listed in Emily, MN, part of Crow Wing County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 40776 Mary Lake Road
Associate Broker · Modern Market REALTORS®
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Listed by Coldwell Banker Crown Realtors · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7055385 · Data refreshed August 6, 2026
Similar Homes for Sale Near 40776 Mary Lake Road, Emily, MN
- 22390 S Shore Drive — $599,000 · 3 bed · 2 bath
- 42937 Minnie Lake Drive — $599,900 · 2 bed · 2 bath
- 19520 Blue Lane E — $575,000 · 2 bed · 1 bath
- 40372 Little Pine River Road — $649,900 · 3 bed · 3 bath
- 22281 Shadow Point Road — $674,000 · 5 bed · 2 bath
- 40699 Mary Lake Road — $449,900 · 1 bed · 2 bath
Frequently Asked Questions About 40776 Mary Lake Road
- Is $589,900 a good price for a home in Emily?
- According to BuyPulse, 40776 Mary Lake Road rates Excellent Value — at $211/sqft it's priced 40% below the typical Emily single-family home of $351/sqft. Powered by the Realgorithm™. Browse Emily homes for sale to compare.
- What are the special assessments at 40776 Mary Lake Road — 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 $1,009/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 40776 Mary Lake Road have a basement?
- Yes, 40776 Mary Lake Road has a finished basement with 1,327 sq ft of below-grade space.
- What type of heating and cooling does 40776 Mary Lake Road have?
- 40776 Mary Lake Road has Forced Air heating and Central Air cooling.
- Where is 40776 Mary Lake Road located?
- 40776 Mary Lake Road is in Emily, MN 56447, in Crow Wing County.
- Is 40776 Mary Lake Road still available?
- Yes — 40776 Mary Lake Road is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 40776 Mary Lake Road built?
- 40776 Mary Lake Road was built in 1998. It features frame construction and a block foundation.
- Does 40776 Mary Lake Road have main-floor laundry?
- Yes — the laundry at 40776 Mary Lake Road is on the main level.
- How many homes like 40776 Mary Lake Road are for sale in Emily?
- 6 similar homes (single-family homes between $442K and $737K in Emily) 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 Emily area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/13/2026, 1:17 AM 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.