10531 E Cree Bay Circle, Pequot Lakes, MN 56472
2 Beds | 2 Baths | 1,428 Sq Ft | Single Family Home | MLS# 7145676Lakefront on Pelican Lake · 8,367 acres · 104 ft deep
$3,991/month Estimated
- Principal & interest
- $3,462
- Property taxes
- $159
- Home insurance (est.)
- $370
- HOA dues
- None
20% down ($127,000) · 30-yr fixed, 7.24%
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Located in Cree Bay Add Breezy Point Estates, Pequot Lakes, MN.
About This Home
Turnkey Pelican Lake retreat—built in 2023 and sold furnished! This beautiful 2-bedroom, 2-bath waterfront home is tucked into a quiet bay, offering peaceful lake living while being just around the corner from the channel to the open waters of Pelican Lake. Step inside to an impressive open-concept living space filled with natural light and lake views. The soaring Aspen vaulted ceiling, solid alder doors and trim, and beautiful hickory cabinetry create a warm, custom lake-home feel. The kitchen features stainless steel appliances, generous counter space and plenty of storage, all overlooking the living area and waterfront. The spacious primary bedroom provides a relaxing retreat, while the second bedroom comfortably sleeps four and includes a large walk-in closet—ideal for family and guests. Additional highlights include a custom tile shower, central air and remote-controlled blinds. Outside is made for lake life with a large patio, power awning, sprinkler system, fire-pit area and beautiful sunset views. Enjoy the tranquility of the bay, then head around the corner to Pelican Lake for boating, fishing, sandbars, dining and year-round recreation. Start your lake memories now!
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BuyPulse · Live market read
How 10531 E Cree Bay Circle Compares to the Pequot Lakes Market
At $445/sqft, this home is priced $149/sqft above the typical Pequot Lakes single-family home of $296/sqft.
The median list price in Pequot Lakes is $474,000.
Verdict: Premium Pricing
Your negotiating position
80 Strong buyer leverage
Seller's market · Balanced · Buyer leverage
Day 41 — Pequot Lakes homes overall typically go under contract by day ~24. This one is past that window.
10 similar homes for sale — alternatives if they won't move.
Homes like this one — single-family homes between $476K and $794K in Pequot Lakes:
- The field: 10 similar Pequot Lakes homes for sale — you have options.
- Price cuts: 1 of 10 similar homes have trimmed asking. This one hasn't budged.
- Too few have sold recently to chart how fast they go or how they close — BuyPulse won't estimate those off a thin sample.
Powered by the Realgorithm™ — real Pequot Lakes closings, zero guesses · NorthstarMLS
Key Features
- Built
- 2023
- Style
- One and One Half
- HOA
- None
- Annual Taxes
- $1,904 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,428
- Lot Size
- 0.15 acres
- Basement
- No
- Roof
- Age 8 Years or Less, Asphalt
- Construction
- Frame
- County
- Crow Wing
- List Date
- 2026-09-24
- Days on Market
- 41 days
- Parcel ID
- 82100674
Financial
- Total Tax incl. Assessments
- $1,904
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air
- Electric
- 200+ Amp Service
- Water
- Drilled, Well
- Sewer
- Holding Tank, Private Sewer, Septic System Compliant - Yes
- Appliances
- Air-To-Air Exchanger, Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Interior Features
- Laundry
- Main Level, Other, Washer Hookup
Construction & Exterior
Construction & Structure
- Foundation Type
- Slab
- Foundation Area
- 952 sqft
- Total Building Area
- 1,428 sqft
Exterior Features
- Exterior Features
- Cement Board
- Pool
- Yes
- View
- Bay
- Accessibility Features
- No Stairs External
Parking & Garage
- Parking Features
- Driveway - Other Surface
Lot & Land
- Lot Features
- Cleared
- Road Surface
- No Outlet/Dead End
- Zoning Description
- Shoreline,Residential-Single Family
Waterfront
- Waterfront
- Yes
- Lake
- Pelican
- Lake Acres
- 8367.39 acres
- Lake Depth
- 104 ft
Agent & Office
- List Office
- Dane Arthur Real Estate Agency-Crosslake
Price History
Listed at $635,000 on Sep 15, 2026 — No price changes
10531 E Cree Bay Circle is listed in Pequot Lakes, MN, part of Crow Wing County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 10531 E Cree Bay Circle
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Listed by Dane Arthur Real Estate Agency-Crosslake · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7145676 · Updated October 8, 2026
Similar Homes for Sale Near 10531 E Cree Bay Circle, Pequot Lakes, MN
Frequently Asked Questions About 10531 E Cree Bay Circle
- Is $635,000 a good price for a home in Pequot Lakes?
- According to BuyPulse, 10531 E Cree Bay Circle rates Premium Pricing — at $445/sqft it's priced 50% above the typical Pequot Lakes single-family home of $296/sqft. Its negotiating-position score is 80/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Pequot Lakes homes are closing versus list. Powered by the Realgorithm™. Browse Pequot Lakes homes for sale to compare.
- What type of heating and cooling does 10531 E Cree Bay Circle have?
- 10531 E Cree Bay Circle has Forced Air heating and Central Air cooling.
- Where is 10531 E Cree Bay Circle located?
- 10531 E Cree Bay Circle is in the Cree Bay Add Breezy Point Estates neighborhood of Pequot Lakes, MN 56472, in Crow Wing County.
- Is 10531 E Cree Bay Circle still available?
- Yes — 10531 E Cree Bay Circle is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 10531 E Cree Bay Circle built?
- 10531 E Cree Bay Circle was built in 2023. It features frame construction and a slab foundation.
- Does 10531 E Cree Bay Circle have main-floor laundry?
- Yes — the laundry at 10531 E Cree Bay Circle is on the main level.
- How many homes like 10531 E Cree Bay Circle are for sale in Pequot Lakes?
- 10 similar homes (single-family homes between $476K and $794K in Pequot Lakes) are for sale right now — you have options.
- 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 Pequot Lakes area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 11/04/2026, 8:49 AM CST. 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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