20482 Lord Road, Merrifield, MN 56465
4 Beds | 3 Baths | 3,120 Sq Ft | Single Family Home | MLS# 7041793
Is 20482 Lord Road a Good Deal?
BuyPulse Verdict
Excellent Value
At $224/sqft — This home is priced 45% below the typical Merrifield single-family home of $411/sqft.
Powered by the Realgorithm™ — 15 active Merrifield listings · NorthstarMLS
$4,147/month Estimated
- Principal & interest
- $3,539
- Property taxes
- $200
- Home insurance (est.)
- $408
- HOA dues
- None
20% down ($139,980) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
About This Home
Discover what may be the best on-water luxury value in the Brainerd Lakes Area, located on the scenic Mississippi River waterway with direct access to Rice Lake. This rare estate offers nearly 10 heavily wooded acres, approximately 330 feet of river frontage, privacy, recreation, luxury, and incredible investment potential just minutes from Brainerd. The newly renovated 3,000+ sq. ft. home showcases breathtaking panoramic views, abundant wildlife, soaring vaulted ceilings, expansive windows, a dramatic floor-to-ceiling stone fireplace, and high-end finishes throughout. The custom gourmet kitchen features a truly one-of-a-kind Butler’s Pantry and flows into the open-concept living space, leading to an expansive wraparound deck overlooking the river and private pond. The luxurious primary suite offers beautiful pond and nature views, oversized walk-in closet, private laundry, and spa-inspired five-piece bath. The lower level includes a spacious family room, three additional bedrooms, full bath, and second laundry area, ideal for guests or multi-generational living. An oversized finished three-stall attached garage plus detached garage provide abundant room for vehicles, boats, ATVs, and recreational toys. Enjoy mature woods, excellent hunting, hiking, direct Mississippi River access, and a short boat ride to Rice Lake. Whether used as a year-round residence, luxury retreat, recreational getaway, or investment property, this is an exceptional opportunity. Luxury waterfront acreage, privacy, river access, and development potential at this level are rarely available—especially at this value.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $525K and $875K in Merrifield:
- The field: 5 similar Merrifield homes for sale — a short list right now.
Powered by the Realgorithm™ — real Merrifield closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1995
- Garage
- 3-Car
- Style
- One and One Half
- HOA
- None
- Annual Taxes
- $2,400 (2025)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,720
- Below Grade Sq Ft
- 1,400
- Lot Size
- 9.45 acres
- Basement
- Yes
- Roof
- Age 8 Years or Less, Architectural Shingle
- Construction
- Block, Concrete, Frame
- County
- Crow Wing
- List Date
- 2026-03-24
- Days on Market
- 203 days
- Parcel ID
- 53050517
Financial
- Total Tax incl. Assessments
- $2,400
Home Systems & Utilities
- Heating
- Forced Air, Fireplace(s)
- Cooling
- Central Air
- Electric
- Circuit Breakers, 200+ Amp Service
- Water
- 4-Inch Submersible, Drilled, Private, Well
- Sewer
- Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
- Appliances
- Dryer, Fuel Tank - Rented, Microwave, Range, Refrigerator, Washer
Interior Features
- Laundry
- Lower Level, Main Level, Washer Hookup
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 1,720 sqft
- Total Building Area
- 3,220 sqft
Exterior Features
- Exterior Features
- Cement Board
- Pool
- Yes
- Fenced Area
- Yes
- Other Structures
- Garage(s)
- View
- River
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage, Detached Garage, Gravel, Concrete, Finished Garage, Garage Door Opener, Insulated Garage, Multiple Garages
Lot & Land
- Lot Features
- Tree Coverage - Medium
- Road Surface
- County Road
- Zoning Description
- Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- eXp Realty
Price History
Reduced $150,100 (17.7%)
- Price reduced to $850,000 — May 7, 2026
- Price reduced to $825,000 — May 13, 2026
- Price reduced to $799,900 — Jun 3, 2026
- Price reduced to $749,900 — Jun 20, 2026
- Price reduced to $748,900 — Aug 5, 2026
- Price reduced to $724,900 — Aug 17, 2026
- Price reduced to $699,900 — Sep 1, 2026
20482 Lord Road is listed in Merrifield, MN, part of Crow Wing County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 20482 Lord Road
Associate Broker · Modern Market REALTORS®
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Listed by eXp Realty · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7041793 · Data refreshed September 10, 2026
Similar Homes for Sale Near 20482 Lord Road, Merrifield, MN
Frequently Asked Questions About 20482 Lord Road
- Is $699,900 a good price for a home in Merrifield?
- According to BuyPulse, 20482 Lord Road rates Excellent Value — at $224/sqft it's priced 45% below the typical Merrifield single-family home of $411/sqft. Powered by the Realgorithm™. Browse Merrifield homes for sale to compare.
- Does 20482 Lord Road have a basement?
- Yes, 20482 Lord Road has a finished basement with 1,400 sq ft of below-grade space.
- What type of heating and cooling does 20482 Lord Road have?
- 20482 Lord Road has Forced Air, Fireplace(s) heating and Central Air cooling.
- Where is 20482 Lord Road located?
- 20482 Lord Road is in Merrifield, MN 56465, in Crow Wing County.
- Is 20482 Lord Road still available?
- 20482 Lord Road is currently pending. The seller may still accept backup offers — contact us to learn more.
- When was 20482 Lord Road built?
- 20482 Lord Road was built in 1995. It features block, concrete, frame construction and a block foundation.
- Does 20482 Lord Road have main-floor laundry?
- Yes — the laundry at 20482 Lord Road is on the main level.
- How many homes like 20482 Lord Road are for sale in Merrifield?
- 5 similar homes (single-family homes between $525K and $875K in Merrifield) are for sale right now — a short list right now.
- What does "BuyPulse" mean?
- BuyPulse™ is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
- What does "Realgorithm™" mean?
- The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.
Local Companies to Help You Settle In
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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, 7:59 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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