1969 single family home for sale at 33481 S Upper Hay Drive in Pequot Lakes, MN — 2 bed, 1 bath (photo 1 of 19)

33481 S Upper Hay Drive, Pequot Lakes, MN 56472

2 Beds | 1 Bath | 1,317 Sq Ft | Single Family Home | MLS# 7125693

$625,000

Is 33481 S Upper Hay Drive a Good Deal?

BuyPulse Verdict

Premium Pricing

At $475/sqft — This home is priced 73% above the typical Pequot Lakes single-family home of $275/sqft.

Powered by the Realgorithm™ — 36 active Pequot Lakes listings · NorthstarMLS

$3,626/month Estimated

Principal & interest
$3,160
Property taxes
$101
Home insurance (est.)
$365
HOA dues
None

20% down ($125,000) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Pequot Lakes, MN Pending

Located in Vi-Lu Shore, Pequot Lakes, MN.

About This Home

Offered for sale for the very first time, this Upper Hay Lake property is the kind of Minnesota lake cabin that doesn't come along often. Hand built in 1969 as a family cabin and enjoyed by the same family for generations, it has a history you simply can't recreate. While there are still a few cosmetic finishing touches for the next owner to make their own, so many of the expensive updates are already complete, including a new furnace and central air in 2025, metal roof in 2021, updated 200-amp electrical panel in 2021, new exterior siding and shakes, new concrete walkway and patio, and new luxury vinyl plank flooring throughout the main level. Inside, huge panoramic Andersen windows and an updated sliding glass door bring the lake views front and center. The kitchen offers generous counter space, custom epoxy countertops and a deep farmhouse-style sink, while the updated bathroom and wood-burning fireplace add to the comfortable cabin feel. Outside, the .70-acre lot is filled with towering pines that give you the Up North setting everyone is looking for, along with a roomy garage and an adorable custom waterside storage shed with electricity—perfect for lake toys, fishing gear and all the extras. Upper Hay Lake is approximately 596 acres with depths reaching about 42 feet and offers great opportunities for boating, swimming and fishing for walleye, northern pike, bass, crappie and panfish. The Pequot Lakes location also puts you close to Nisswa, Breezy Point, Crosslake and the Whitefish Chain of Lakes, with golf, restaurants, trails, shopping and year-round recreation all nearby. This is more than a lake place—it is a longtime family cabin ready for its next chapter.

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $469K and $781K in Pequot Lakes:

  • The field: 12 similar Pequot Lakes homes for sale — you have options.

Powered by the Realgorithm™ — real Pequot Lakes closings, zero guesses · NorthstarMLS

Key Features

Built
1969
Garage
2-Car Detached
Style
Two
HOA
None
Annual Taxes
$1,215.65 (2026)

Property Details

Property Type
Single Family
Above Grade Sq Ft
1,317
Lot Size
0.71 acres
Basement
Yes
Roof
Age 8 Years or Less, Metal
County
Crow Wing
List Date
2026-08-11
Days on Market
63 days
Parcel ID
7236P000

Financial

Total Tax incl. Assessments
$1,215.65

Home Systems & Utilities

Heating
Forced Air
Cooling
Central Air
Electric
200+ Amp Service
Water
Well
Sewer
Private Sewer, Tank with Drainage Field
Appliances
Electric Water Heater

Interior Features

Laundry
Main Level
Fireplace
1 fireplace

Construction & Exterior

Construction & Structure

Foundation Type
Block
Foundation Area
390 sqft
Total Building Area
1,707 sqft

Exterior Features

Exterior Features
Stucco
Fenced Area
Yes
View
North
Accessibility Features
None

Parking & Garage

Parking Features
Detached Garage

Lot & Land

Road Surface
County Road
Zoning Description
Residential-Single Family

Waterfront

Waterfront
Yes

Agent & Office

List Office
Central MN Realty LLC

Price History

Listed at $625,000 on Aug 11, 2026 — No price changes

33481 S Upper Hay Drive is listed in Pequot Lakes, MN, part of Crow Wing County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 33481 S Upper Hay Drive

Shannon Barnum

Associate Broker · Modern Market REALTORS®

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

Listed by Central MN Realty LLC · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7125693 · Data refreshed September 3, 2026

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Frequently Asked Questions About 33481 S Upper Hay Drive

Is $625,000 a good price for a home in Pequot Lakes?
According to BuyPulse, 33481 S Upper Hay Drive rates Premium Pricing — at $475/sqft it's priced 73% above the typical Pequot Lakes single-family home of $275/sqft. Powered by the Realgorithm™. Browse Pequot Lakes homes for sale to compare.
Does 33481 S Upper Hay Drive have a basement?
Yes, 33481 S Upper Hay Drive has a basement.
What type of heating and cooling does 33481 S Upper Hay Drive have?
33481 S Upper Hay Drive has Forced Air heating and Central Air cooling.
Where is 33481 S Upper Hay Drive located?
33481 S Upper Hay Drive is in the Vi-lu Shore neighborhood of Pequot Lakes, MN 56472, in Crow Wing County.
Is 33481 S Upper Hay Drive still available?
33481 S Upper Hay Drive is currently pending. The seller may still accept backup offers — contact us to learn more.
When was 33481 S Upper Hay Drive built?
33481 S Upper Hay Drive was built in 1969. It features a block foundation.
Does 33481 S Upper Hay Drive have main-floor laundry?
Yes — the laundry at 33481 S Upper Hay Drive is on the main level.
How walkable is 33481 S Upper Hay Drive?
33481 S Upper Hay Drive has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 11/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
How many homes like 33481 S Upper Hay Drive are for sale in Pequot Lakes?
12 similar homes (single-family homes between $469K and $781K 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

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MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/13/2026, 8:30 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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