Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $1,774 (2026).

What school district is this property in?

This property is in the 173 - Mountain Lake school district.

Does this home have a garage?

Yes, this home has a 2-car garage.

How long has this property been on the market?

This property has been listed for 54 days.

Listed at

$139,900

$92/sqft

Klassens Sub

701 Mountain Lake Road, Mountain Lake, MN, 56159

3 Bedrooms2 Bathrooms1,520 Square Feet0.18 Acres

Days on market54

Year built1937

Garage spaces2

TypeResidential

Est. $1,197buyer credit when you buy with SODL

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About this home

Welcome to this inviting 3-bedroom home set on a spacious corner lot in Mountain Lake! This property offers comfortable, easy living with updated kitchen, main-floor bedroom, bath, and laundry, making day-to-day life convenient and accessible. Upstairs, you’ll find two additional generously sized bedrooms, perfect for family, guests, or flexible use. Recent updates add peace of mind, including a new HVAC system and hot water heater in 2020, plus new GE appliances installed in June of this year. The home’s functional layout, important mechanical upgrades, and low-maintenance exterior make it a smart choice whether you’re searching for your first home, an investment property, or simply an affordable place to call your own. This is a great opportunity to enjoy comfort, practicality, and value in a well-located Mountain Lake home.

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1937

LevelsOne and One Half

Living area1,520 sqft

Above-grade finished1,520 sqft

Below-grade finished0 sqft

Lot size0.18 acres (86'x102'x55'x102')

Days on market54

ListedJul 4, 2026

MLS #NST7103899

CountyCottonwood

SubdivisionKlassens Sub

Parcel #224450031

Facts & features

Interior

Bedrooms: 3
Bathrooms: 2
Bath breakdown: 1 full / 1 half
Heating: Forced Air
Cooling: Central Air
Appliances: Stainless Steel Appliances

Property

Levels / stories: One and One Half
Garage: 2 spaces · 24'x24' · 552 sqft
Parking features: Attached Garage, Concrete
Patio & porch: Deck
Exterior features: Vinyl
Lot size: 0.18 acres

Construction

Property type: Residential
Property subtype: Single Family
Construction materials: Frame
Foundation: Block · 720 sqft
Roof: Asphalt
Year built: 1937

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas
Electric: 100 Amp Service

Community & HOA

Subdivision: Klassens Sub
HOA: No HOA
School district: 173 - Mountain Lake
High school district: Mountain Lake

Financial & listing details

Annual tax: $1,774 (2026)
Tax with assessments: 1824
Listed: Jul 4, 2026
Days on market: 54 · 26 cumulative
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths1

3/4 baths0

Half baths1

1/4 baths0

BasementUnfinished

HeatingForced Air

CoolingCentral Air

LaundryMain Level

AppliancesStainless Steel Appliances

DiningKitchen/Dining Room

AccessibilityNone

Exterior & lot

ExteriorVinyl

RoofAsphalt

FoundationBlock

Foundation area720 sqft

Patio/porchDeck

Lot featuresCorner Lot

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingAttached Garage, Concrete

Garage spaces2

Garage size552 sqft

Financial details

Annual taxes$1,774

Tax year2026

Taxes w/ assessments1824

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District173 - Mountain Lake

District number173

District phone5074272325

High schoolMountain Lake

SODL flat fee brokerage

$1,197Estimated buyer credit

SODL platform fee $3,000Your buyer credit $1,197

Buyer-side commission

3.0%

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

$930/mo

Principal & interest$735

Property taxes$148

Home insurance (est.)$47

Down payment

$27,980

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.