1406 Balsam Lane, Lake Shore, MN 56468
2 Beds | 1 Bath | 1,086 Sq Ft | Single Family Home | MLS# 7161985
$1,766/month Estimated
- Principal & interest
- $1,516
- Property taxes
- $68
- Home insurance (est.)
- $175
- Special assessments
- $7
- HOA dues
- None
20% down ($59,980) · 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.
Located in Tingdale Bros Sherwood Forest On Gull Lake, Lake Shore, MN.
About This Home
Tucked among the trees on 1.1 acres in Lakeshore, this charming cottage offers an inviting way to enjoy life near Gull Lake. Located just off Interlachen Road, the home feels peaceful and private while keeping boating, dining, and year-round recreation close at hand. Gull Lake public access is just down the road, with local favorites including Cowboys and Zorbaz nearby. Inside, original woodwork, vintage details, and a cozy living room fireplace give the home a warmth and character that newer homes simply can’t recreate. Original oak flooring remains beneath the current flooring in the living room and bedroom, offering even more potential to bring its timeless cottage style to life. The home features one bedroom and one bath, along with a lower-level room currently used as an additional bedroom. Work is currently being done to finish out the basement into useful living space. Recent improvements include a roof and HVAC system within the past five years, a new on-demand water heater, and a fireplace converted to electric. Outside, the level, open yard is surrounded by mature trees and includes a fenced garden, greenhouse, patio, and detached one-car garage. Comfortable as a year-round home yet perfectly suited for an affordable cabin retreat, this is a rare opportunity to stay close to the action of the Gull Lake Chain while still having room, privacy, and a quiet place to unwind. It may also offer short-term rental potential, subject to applicable regulations and buyer verification. Take a closer look at all the charm this Lakeshore cottage has to offer!
BuyPulse · Live market read
How 1406 Balsam Lane Compares to the Lake Shore Market
At $276/sqft, this home is priced at the Lake Shore median of $276/sqft.
The median list price in Lake Shore is $679,000.
Verdict: Fair Market Value
Powered by the Realgorithm™ — real Lake Shore closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1970
- Garage
- 1-Car Detached
- Style
- One
- HOA
- None
- Annual Taxes
- $816 (2026)
- Specials/yr
- $86
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 786
- Below Grade Sq Ft
- 300
- Lot Size
- 1.1 acres
- Basement
- Yes
- Roof
- Age 8 Years or Less
- County
- Cass
- List Date
- 2026-10-19
- Days on Market
- 8 days
- Parcel ID
- 904371262
Financial
- Total Tax incl. Assessments
- $902
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Forced Air, Fireplace(s)
- Cooling
- Window Unit(s)
- Electric
- Circuit Breakers
- Water
- Drilled
- Sewer
- Tank with Drainage Field
- Appliances
- Dishwasher, Electric Water Heater, Water Filtration System, Microwave, Range, Refrigerator
Interior Features
- Laundry
- Electric Dryer Hookup, Lower Level
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 480 sqft
- Total Building Area
- 1,143 sqft
Exterior Features
- Exterior Features
- Wood
- Other Structures
- Garage(s), Greenhouse, Storage Shed
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Detached Garage, Gravel
Lot & Land
- Road Surface
- City Street
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- LPT Realty, LLC.
Price History
Listed at $299,900 on Oct 19, 2026 — No price changes
1406 Balsam Lane is listed in Lake Shore, MN, part of Cass County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1406 Balsam Lane
Associate Broker · Modern Market REALTORS®
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Listed by LPT Realty, LLC. · 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# 7161985 · Updated October 23, 2026
Frequently Asked Questions About 1406 Balsam Lane
- Is $299,900 a good price for a home in Lake Shore?
- According to BuyPulse, 1406 Balsam Lane rates Fair Market Value — at $276/sqft it's priced right at the Lake Shore median of $276/sqft. Powered by the Realgorithm™. Browse Lake Shore homes for sale to compare.
- What are the special assessments at 1406 Balsam Lane — 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 $816/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 1406 Balsam Lane have a basement?
- Yes, 1406 Balsam Lane has a finished basement with 300 sq ft of below-grade space.
- What type of heating and cooling does 1406 Balsam Lane have?
- 1406 Balsam Lane has Forced Air, Fireplace(s) heating and Window Unit(s) cooling.
- Where is 1406 Balsam Lane located?
- 1406 Balsam Lane is in the Tingdale Bros Sherwood Forest On Gull Lake neighborhood of Lake Shore, MN 56468, in Cass County.
- Is 1406 Balsam Lane still available?
- Yes — 1406 Balsam Lane is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1406 Balsam Lane built?
- 1406 Balsam Lane was built in 1970. It features a block foundation.
- Does 1406 Balsam Lane have main-floor laundry?
- No — the laundry at 1406 Balsam Lane is in the lower level.
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Lake Shore area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/27/2026, 3:58 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.
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