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2 Beds | 1 Bath | 1,317 Sq Ft | Single Family Home | MLS# 7125693
Is 33481 S Upper Hay Drive a Good Deal?
BuyPulse Verdict
Premium Pricing
At $475/sqft — This home is priced 70% above the typical Pequot Lakes single-family home of $279/sqft.
Powered by the Realgorithm™ — 57 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.
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: 15 similar Pequot Lakes homes for sale — you have options.
- Negotiation: 53% of the last 17 sales here closed at or over list — about half hold full price.
Powered by the Realgorithm™ — 17 real Pequot Lakes closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1969
- Above Grade
- 1,317 sq ft
- Lot Size
- 0.71 acres
- Garage
- 2-car (Detached Garage)
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Yes
- Appliances
- Electric Water Heater
- Sewer
- Private Sewer, Tank with Drainage Field
- Water
- Well
- Annual Taxes
- $1,215.65
- County
- Crow Wing
- Days on Market
- 17
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®
Buying a home in Pequot Lakes? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7125693 · Data refreshed August 25, 2026
Similar Homes for Sale Near 33481 S Upper Hay Drive, Pequot Lakes, MN
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 70% above the typical Pequot Lakes single-family home of $279/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?
- Yes — 33481 S Upper Hay Drive is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- 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?
- 15 similar homes (single-family homes between $469K and $781K in Pequot Lakes) are for sale right now — you have options.
- Do homes in Pequot Lakes sell for asking price?
- 53% of the last 17 comparable Pequot Lakes sales closed at or over list price — about half hold full price. Based on real NorthstarMLS closings, not estimates.
- 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.