Listed at
$500,000
$89/sqft

Sunset Bay

5023 W Lake Mary Drive, Alexandria, MN, 56308
6  Bedrooms5  Bathrooms5,648  Square Feet0.46  Acres
Days on market274
Year built2003
Garage spaces3
TypeResidential
Est. $12,000buyer credit when you buy with SODL
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About this home

Spacious lakefront home located on Lake Mary, one of the Alexandria area’s largest and most well-known recreational lakes, offering boating, fishing, and year-round enjoyment, with expansive open-water views. Lake Mary spans approximately 2,450 acres, making it a premier destination within the Alexandria lakes region. The home offers substantial square footage across multiple levels, including six bedrooms and six bathrooms, a walkout lower level, and multiple living and gathering areas oriented toward the lake. Features include large windows with water views, fireplaces, upper-level suites with private baths, and multiple decks overlooking the lake. The main level includes a private living area with bedroom, bathroom, living room, and kitchen, providing flexible use for guests or extended stays. Attached three-stall garage and existing lake stairs. Property is being sold as-is and presents an opportunity to update and personalize a large Lake Mary home to current tastes.

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Home facts

Property typeResidential
Property subtypeSingle Family Residence
Year built2003
LevelsTwo
Living area5,648 sqft
Above-grade finished3,512 sqft
Below-grade finished2,136 sqft
Lot size0.46 acres (80 42 113 71 147 138)
Days on market274
ListedDec 22, 2025
MLS #NST7001956
CountyDouglas
SubdivisionSunset Bay
Parcel #300082105

Facts & features

Interior

Bedrooms
6
Bathrooms
5
Bath breakdown
4 full / 1 3/4
Heating
Forced Air
Cooling
Central Air
Laundry
Lower Level, Laundry Room

Property

Levels / stories
Two
Garage
3 spaces · 42x22 · 924 sqft
Parking features
Attached Garage, Finished Garage
Patio & porch
Deck, Porch
Fencing
Partial, Privacy
Other structures
Storage Shed

Construction

Property type
Residential
Property subtype
Single Family Residence
Construction materials
Concrete, Frame
Foundation
2,356 sqft
Roof
Asphalt
Year built
2003

Utilities

Water
Well
Sewer
City Sewer/Connected
Fuel
Propane
Electric
Circuit Breakers

Community & HOA

Subdivision
Sunset Bay
HOA
No HOA
School district
Alexandria

Financial & listing details

Annual tax
$7,211 (2025)
Tax with assessments
7212
Listed
Dec 22, 2025
Days on market
274 · 112 cumulative
Lender owned
Yes
Manufactured home
Yes

Interior details

Total bathrooms5
Full baths4
3/4 baths1
Half baths0
1/4 baths0
BasementDaylight/Lookout Windows, Finished, Full
HeatingForced Air
CoolingCentral Air
Fireplaces3
LaundryLower Level, Laundry Room
DiningBreakfast Area, Informal Dining Room, Kitchen/Dining Room
AmenitiesCeiling Fan(s), Deck, Hardwood Floors, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Natural Woodwork, Porch, Vaulted Ceiling(s)
AccessibilityNone
Special features3 BR on One Level, Main Floor Bedroom, Primary Bdr Suite

Exterior & lot

RoofAsphalt
Foundation area2,356 sqft
Patio/porchDeck, Porch
Lot featuresAccessible Shoreline, Tree Coverage - Medium
ZoningResidential-Single Family

Utilities

Water sourceWell
SewerCity Sewer/Connected
FuelPropane

Parking & garage

ParkingAttached Garage, Finished Garage
Garage spaces3
Garage size924 sqft

Financial details

Annual taxes$7,211
Tax year2025
Taxes w/ assessments7212
Assessment pendingNo
Down payment resourceYes
Lender ownedYes
Short saleNot Disclosed
ForeclosureNo

Schools

District number1015
District phone3207622141
High schoolAlexandria
SODL flat fee brokerage
$12,000Estimated buyer credit
SODL platform fee $3,000Your buyer credit $12,000

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$3,395/mo
Principal & interest$2,628
Property taxes$601
Home insurance (est.)$167
%
$100,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

5023 W Lake Mary Drive, Alexandria, MN, 56308

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Listing information

MLS #NST7001956
StatusPending
Last updatedMar 3, 2026, 5:06 PM
Originally listedDec 29, 2025, 7:46 AM
Listing officeGallery of Homes

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. 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.