7198 Loon Point Drive SW, Kensington, MN 56343
Just Listed — listed August 26, 2026 · M Premiere
1 Bed | 1 Bath | 896 Sq Ft | Single Family Home | MLS# 7131649
Is 7198 Loon Point Drive SW a Good Deal?
BuyPulse Verdict
Premium Pricing
At $363/sqft — This home is priced 41% above the typical Kensington single-family home of $257/sqft.
Powered by the Realgorithm™ — 6 active Kensington listings · NorthstarMLS
$1,989/month Estimated
- Principal & interest
- $1,643
- Property taxes
- $156
- Home insurance (est.)
- $190
- HOA dues
- None
20% down ($65,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Deciding Week · Day 4 of 7
Day count from the MLS listing date · cohort stats from the last 90 days · NorthstarMLS
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
- Property Type
- Single Family
- Year Built
- 2021
- Above Grade
- 896 sq ft
- Lot Size
- 0.97 acres
- Lot Features
- Accessible Shoreline, Tree Coverage - Medium
- Heating
- Forced Air
- Cooling
- Window Unit(s)
- Sewer
- Holding Tank
- Water
- Drilled
- Annual Taxes
- $1,868
- County
- Douglas
- Days on Market
- 2
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
Shannon Barnum
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 August 27, 2026
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Frequently Asked Questions About 7198 Loon Point Drive SW
- Is $325,000 a good price for a home in Kensington?
- According to BuyPulse, 7198 Loon Point Drive SW rates Premium Pricing — at $363/sqft it's priced 41% above the typical Kensington single-family home of $257/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?
- Yes — 7198 Loon Point Drive SW is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- 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.
- What does "M Premiere" mean?
- M Premiere™ is Modern Market REALTORS®’ early-access tracker for homes entering NorthstarMLS during the critical first 96 hours on market. Well-priced homes in Fargo-Moorhead frequently receive their strongest buyer attention in that opening window. M Premiere surfaces new inventory the moment it lists — so buyers can act before a home becomes widely discovered.
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Kensington area.