1970 single family home for sale at 1406 Balsam Lane in Nisswa, MN — 1 bed, 1 bath (photo 1 of 4)

1406 Balsam Lane, Nisswa, MN 56468

1 Bed | 1 Bath | 786 Sq Ft | Single Family Home | MLS# 7138630

$299,900

Is 1406 Balsam Lane a Good Deal?

BuyPulse Verdict

Premium Pricing

At $382/sqft — This home is priced 28% above the typical Nisswa single-family home of $299/sqft.

Your Negotiating Position

60 — Balanced market

Day 27 — Nisswa homes overall typically go under contract by day ~30.

3 similar homes for sale — alternatives if they won't move.

Powered by the Realgorithm™ — 44 active Nisswa listings · NorthstarMLS

$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.

Nisswa, MN Active

Located in Tingdale Bros Sherwood Forest On Gull Lake, Nisswa, 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. With the right offer, the seller is willing to finish out the basement and install an egress window in that 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. Professional photography coming soon—stay tuned for a closer look at all the charm this Lakeshore cottage has to offer!

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $225K and $375K in Nisswa:

  • The field: 3 similar Nisswa homes for sale — a short list right now.

Powered by the Realgorithm™ — real Nisswa 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
Lot Size
1.1 acres
Basement
Yes
Roof
Age 8 Years or Less
County
Cass
List Date
2026-09-08
Days on Market
27 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 Sep 8, 2026 — No price changes

1406 Balsam Lane is listed in Nisswa, MN, part of Cass County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 1406 Balsam Lane

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Nisswa 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®

Schedule a Home Tour View Full Listing & Photos

MLS# 7138630 · Data refreshed September 11, 2026

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Frequently Asked Questions About 1406 Balsam Lane

Is $299,900 a good price for a home in Nisswa?
According to BuyPulse, 1406 Balsam Lane rates Premium Pricing — at $382/sqft it's priced 28% above the typical Nisswa single-family home of $299/sqft. Its negotiating-position score is 60/100 (Balanced market), weighed on days on market, comparable inventory, and how Nisswa homes are closing versus list. Powered by the Realgorithm™. Browse Nisswa 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 Nisswa — live figures on every home for sale.

Does 1406 Balsam Lane have a basement?
Yes, 1406 Balsam Lane has a finished basement.
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 Nisswa, 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.
How many homes like 1406 Balsam Lane are for sale in Nisswa?
3 similar homes (single-family homes between $225K and $375K in Nisswa) 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

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