27123 Shelstad Lane, Merrifield, MN 56465
4 Beds | 3 Baths | 2,301 Sq Ft | Single Family Home | MLS# 7130917
Is 27123 Shelstad Lane a Good Deal?
BuyPulse Verdict
Excellent Value
At $272/sqft — This home is priced 34% below the typical Merrifield single-family home of $411/sqft.
Powered by the Realgorithm™ — 15 active Merrifield listings · NorthstarMLS
$3,737/month Estimated
- Principal & interest
- $3,160
- Property taxes
- $212
- Home insurance (est.)
- $365
- HOA dues
- None
20% down ($124,980) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
About This Home
Lake Lougee living with 155 feet of shoreline, sandy beach and spectacular western sunsets. This inviting 4-bedroom, 3-bath lake home offers plenty of space to gather, relax and enjoy the views, with a comfortable floor plan and multiple levels of living space. The main living area opens to a deck overlooking the lake, perfect for morning coffee or sunset gatherings. A spacious family room, multiple bedrooms and baths, and an 11x24 storage shed provide flexibility for weekend getaways or extended stays. Enjoy the level lakeside yard, sandy shoreline and expansive frontage-ideal for swimming, boating and making the most of summer on the water. Offered turnkey with most furnishings and dock included. Recent updates include a new HVAC system, new gas furnace and two new mini-splits. Currently operated as an Airbnb, offering the opportunity for rental income while serving as a private lake retreat.
Virtual Tour
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $469K and $781K in Merrifield:
- The field: 3 similar Merrifield homes for sale — a short list right now.
Powered by the Realgorithm™ — real Merrifield closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1975
- Style
- Four or More Level Split
- HOA
- None
- Annual Taxes
- $2,540 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,853
- Below Grade Sq Ft
- 448
- Lot Size
- 0.81 acres
- Basement
- Yes
- County
- Crow Wing
- List Date
- 2026-08-20
- Days on Market
- 54 days
- Parcel ID
- 820364408D00009
Financial
- Total Tax incl. Assessments
- $2,540
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air, Ductless Mini-Split, Heat Pump
- Water
- Private, Well
- Sewer
- Private Sewer, Septic System Compliant - Yes
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Interior Features
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 448 sqft
- Total Building Area
- 2,779 sqft
Exterior Features
- Exterior Features
- Wood
- Other Structures
- Storage Shed
- View
- Panoramic, West
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Gravel
Lot & Land
- Road Surface
- Private Road
- Zoning Description
- Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- LPT Realty, LLC.
Price History
Listed at $624,900 on Aug 20, 2026 — No price changes
27123 Shelstad Lane is listed in Merrifield, MN, part of Crow Wing County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 27123 Shelstad Lane
Associate Broker · Modern Market REALTORS®
Your Merrifield real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by LPT Realty, LLC. · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7130917 · Data refreshed September 9, 2026
Similar Homes for Sale Near 27123 Shelstad Lane, Merrifield, MN
Frequently Asked Questions About 27123 Shelstad Lane
- Is $624,900 a good price for a home in Merrifield?
- According to BuyPulse, 27123 Shelstad Lane rates Excellent Value — at $272/sqft it's priced 34% below the typical Merrifield single-family home of $411/sqft. Powered by the Realgorithm™. Browse Merrifield homes for sale to compare.
- Does 27123 Shelstad Lane have a basement?
- Yes, 27123 Shelstad Lane has a finished basement with 448 sq ft of below-grade space.
- What type of heating and cooling does 27123 Shelstad Lane have?
- 27123 Shelstad Lane has Forced Air heating and Central Air, Ductless Mini-Split, Heat Pump cooling.
- Where is 27123 Shelstad Lane located?
- 27123 Shelstad Lane is in Merrifield, MN 56465, in Crow Wing County.
- Is 27123 Shelstad Lane still available?
- 27123 Shelstad Lane is currently pending. The seller may still accept backup offers — contact us to learn more.
- When was 27123 Shelstad Lane built?
- 27123 Shelstad Lane was built in 1975. It features a block foundation.
- How walkable is 27123 Shelstad Lane?
- 27123 Shelstad Lane has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 27/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 27123 Shelstad Lane are for sale in Merrifield?
- 3 similar homes (single-family homes between $469K and $781K 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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