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2 Beds | 1 Bath | 1,512 Sq Ft | Single Family Home | MLS# 7121938
Is 11842 Lake Street SE a Good Deal?
BuyPulse Verdict
Premium Pricing
At $513/sqft — This home is priced 32% above the typical Mentor single-family home of $390/sqft.
Powered by the Realgorithm™ — 14 active Mentor listings · NorthstarMLS
$4,814/month Estimated
- Principal & interest
- $3,919
- Property taxes
- $404
- Home insurance (est.)
- $452
- Special assessments
- $39
- HOA dues
- None
20% down ($155,000) · 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 Sunset Bay Sub, Mentor, MN.
About This Home
Beautiful home on Maple Lake property featuring an incredible 174 feet of shoreline and 1.47 acres with both a spacious front and back lot. This home was enjoyed year-round & is all 1 level with 2 bedrooms, 1 bathroom, and a dedicated laundry room, complete with vaulted ceilings, warm wood finishes, and a cozy wood-burning fireplace that creates a nostalgic cabin feel. Enjoy plenty of room to relax both inside and out, with beautiful lake views & a nice level lot and sandy beach on Maple Lake.he well-maintained boathouse sits right at the water's edge. Also included is a 2-bedroom, 2-bath mobile home that offers excellent potential for guests, extended family, or future improvements. This is a great spot to have the room & a rare opportunity that doesn't come often.
Key Features
- Built
- 1950
- Garage
- 2-Car Detached
- Style
- One
- HOA
- None
- Annual Taxes
- $4,853 (2026)
- Specials/yr
- $467
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,512
- Lot Size
- 1.47 acres
- Basement
- No
- County
- Polk
- List Date
- 2026-08-14
- Days on Market
- 59 days
- Parcel ID
- 300048300
Financial
- Total Tax incl. Assessments
- $5,320
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Baseboard
- Cooling
- None
- Water
- Lake Water
- Sewer
- Septic System Compliant - Yes
- Appliances
- Dryer, Microwave, Range, Refrigerator, Washer
Interior Features
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Slab
- Foundation Area
- 1,512 sqft
Exterior Features
- Exterior Features
- Wood
- Other Structures
- Garage(s), Boat House, Other, Storage Shed
- View
- Lake
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Detached Garage
Lot & Land
- Zoning Description
- Shoreline
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- Greenberg Realty
Price History
Listed at $775,000 on Aug 14, 2026 — No price changes
11842 Lake Street SE is listed in Mentor, MN, part of Polk County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 11842 Lake Street SE
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Listed by Greenberg Realty · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7121938 · Data refreshed August 24, 2026
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Frequently Asked Questions About 11842 Lake Street SE
- Is $775,000 a good price for a home in Mentor?
- According to BuyPulse, 11842 Lake Street SE rates Premium Pricing — at $513/sqft it's priced 32% above the typical Mentor single-family home of $390/sqft. Powered by the Realgorithm™. Browse Mentor homes for sale to compare.
- What are the special assessments at 11842 Lake Street SE — and what do they mean?
- This property has $467/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 $4,853/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 11842 Lake Street SE have?
- 11842 Lake Street SE has Baseboard heating and None cooling.
- Where is 11842 Lake Street SE located?
- 11842 Lake Street SE is in the Sunset Bay neighborhood of Mentor, MN 56736, in Polk County.
- Is 11842 Lake Street SE still available?
- Yes — 11842 Lake Street SE is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 11842 Lake Street SE built?
- 11842 Lake Street SE was built in 1950. It features a slab foundation.
- How walkable is 11842 Lake Street SE?
- 11842 Lake Street SE has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 27/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
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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, 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.