7198 Loon Point Drive SW, Kensington, MN 56343
1 Bed | 1 Bath | 896 Sq Ft | Single Family Home | MLS# 7131649
Price Reduced — was $309,000 (↓ $10,000) · M Markdowns
Is 7198 Loon Point Drive SW a Good Deal?
BuyPulse Verdict
Premium Pricing
At $334/sqft — This home is priced 41% above the Kensington median of $237/sqft.
Powered by the Realgorithm™ — 5 active Kensington listings · NorthstarMLS
$1,842/month Estimated
- Principal & interest
- $1,512
- Property taxes
- $156
- Home insurance (est.)
- $174
- HOA dues
- None
20% down ($59,800) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Loon Point, Kensington, MN.
About This Home
Start Living the Lake Life Now — Build Your Dream Home Later! Here’s a rare opportunity to get on the lake without waiting to build! Situated on .97 acres with an impressive 182 feet of shoreline on Lake Oscar, this unique property is ready to enjoy year-round today, with plenty of room to build your dream lake home in the future. Even better, the lot has already been cleared and the hard work is done, giving you a beautiful, ready-to-build setting when the time is right. Enjoy the property now while you plan your future lake home — without starting from scratch. The 28x32 insulated and heated garage has been thoughtfully set up for comfortable year-round use, featuring a 3/4 bath, kitchenette with refrigerator, sink, counters and microwave, plus an all-in-one washer/dryer. A drilled well and holding tank septic system are already in place, giving you the essentials to start enjoying your property right away. Spend your weekends on the water, use it as your year-round lake getaway, or make it your home base while planning the lake home you’ve always wanted. With nearly an acre of land, 182 feet of shoreline and beautiful westerly-facing views, you’ll have a front-row seat to spectacular Minnesota sunsets. The dock is included, so bring the boat, fishing gear and lake toys and start enjoying Lake Oscar from day one. The lot is cleared, the essentials are in place and the lake is waiting — live simply now, dream big for later!
Virtual Tour
Key Features
- Built
- 2021
- Style
- One
- HOA
- None
- Annual Taxes
- $1,868 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 896
- Lot Size
- 0.97 acres
- Basement
- No
- Roof
- Age 8 Years or Less, Asphalt
- Construction
- Block
- County
- Douglas
- List Date
- 2026-08-26
- Days on Market
- 48 days
- Parcel ID
- 180260225
Financial
- Total Tax incl. Assessments
- $1,868
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Window Unit(s)
- Electric
- 200+ Amp Service
- Water
- Drilled
- Sewer
- Holding Tank
Interior Features
- Laundry
- Main Level
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 896 sqft
- Total Building Area
- 896 sqft
Exterior Features
- Exterior Features
- Engineered Wood
- Pool
- Yes
- Fenced Area
- Yes
- View
- West
- Accessibility Features
- No Stairs Internal
Parking & Garage
- Parking Features
- Gravel
Lot & Land
- Lot Features
- Accessible Shoreline, Tree Coverage - Medium
- Zoning Description
- Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- Coldwell Banker Crown Realtors
Price History
Reduced $10,000 (3.2%)
- Price reduced to $309,000 — Sep 14, 2026
- Price reduced to $299,000 — Sep 30, 2026
7198 Loon Point Drive SW is listed in Kensington, MN, part of Douglas County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 7198 Loon Point Drive SW
Associate Broker · Modern Market REALTORS®
Your Kensington real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Coldwell Banker Crown Realtors · Shown by Modern Market REALTORS®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7131649 · Data refreshed October 7, 2026
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Frequently Asked Questions About 7198 Loon Point Drive SW
- Is $299,000 a good price for a home in Kensington?
- According to BuyPulse, 7198 Loon Point Drive SW rates Premium Pricing — at $334/sqft it's priced 41% above the Kensington median of $237/sqft. Powered by the Realgorithm™. Browse Kensington homes for sale to compare.
- What type of heating and cooling does 7198 Loon Point Drive SW have?
- 7198 Loon Point Drive SW has Forced Air heating and Window Unit(s) cooling.
- Where is 7198 Loon Point Drive SW located?
- 7198 Loon Point Drive SW is in the Loon Point neighborhood of Kensington, MN 56343, in Douglas County.
- Is 7198 Loon Point Drive SW still available?
- 7198 Loon Point Drive SW is currently pending. The seller may still accept backup offers — contact us to learn more.
- When was 7198 Loon Point Drive SW built?
- 7198 Loon Point Drive SW was built in 2021. It features block construction and a block foundation.
- Does 7198 Loon Point Drive SW have main-floor laundry?
- Yes — the laundry at 7198 Loon Point Drive SW is on the main level.
- How walkable is 7198 Loon Point Drive SW?
- 7198 Loon Point Drive SW has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 23/100 (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.
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Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/13/2026, 10:29 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.
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