1950 single family home for sale at 11842 Lake Street SE in Mentor, MN — 2 bed, 1 bath (photo 1 of 26)

11842 Lake Street SE, Mentor, MN 56736

2 Beds | 1 Bath | 1,512 Sq Ft | Single Family Home | MLS# 7121938

$775,000

Is 11842 Lake Street SE a Good Deal?

BuyPulse Grade

Above Market

At $513/sqft — This home is priced 25% above the typical Mentor single-family home of $409/sqft.

Powered by the Realgorithm™ — 15 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.

Mentor, MN Active

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

Property Type
Single Family
Year Built
1950
Above Grade
1,512 sq ft
Lot Size
1.47 acres
Garage
2-car (Detached Garage)
Heating
Baseboard
Cooling
None
Appliances
Dryer, Microwave, Range, Refrigerator, Washer
Sewer
Septic System Compliant - Yes
Water
Lake Water
Annual Taxes
$4,853
Special Assessments
$467
County
Polk
Days on Market
9

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

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Mentor real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

Listed by Greenberg Realty · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7121938 · Data refreshed August 15, 2026

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Frequently Asked Questions About 11842 Lake Street SE

Is $775,000 a good price for a home in Mentor?
At $513/sqft, this home is priced above the typical Mentor single-family home of $409/sqft (25% higher), according to our BuyPulse comparison of comparable active listings. 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 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.

Local Companies to Help You Settle In

From inspection to closing to moving day, here are well-known local companies serving the Mentor area.