487 Shorewood Dr, Detroit Lakes, MN, 56501
About This Home
LIVE ON SHOREWOOD DRIVE AND PLAY ON DETROIT LAKES! This move-in-ready 3-bedroom, 2-bath home offers 2,534 sq. ft. of comfort and functionality. Enjoy the ultimate lake-area lifestyle with deeded access to Detroit Lakes—located under a 5-minute walk away. Stay cool and comfortable with two brand-new ductless mini-split units, one conveniently located on each level for efficient, customizable climate control.The main-level living room and large three-season sunroom both offer lake views, while the lower-level family room features a cozy brick fireplace and a private sauna. Recent exterior updates include a fresh seal coat and new front steps. With a fully fenced backyard, potential Rainbird irrigation system, and most furnishings staying, this is the perfect year-round retreat or seasonal getaway!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1981
Materials
- Roof: Age Over 8 Years,Asphalt,Rolled/Hot Mop
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Block
Bathroom
- Level: Main
Bathroom
- Level: Lower
Bedroom
- Level: Main
Bedroom2
- Level: Main
Bedroom3
- Level: Lower
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Deck
- Level: Main
Dining Room
- Level: Main
Family Room
- Level: Lower
Features
- Number of fireplaces: 1
- Fireplace features: Brick
- Fireplace: Yes
- Finished area below ground: 1,120
- Finished area above ground: 1,414
Heating & Cooling
- Heating features: Baseboard
- Cooling features: Ductless Mini-Split
Interior Area
- Total structure area: 2,534
- Total interior livable area: 2,534 sqft
Kitchen
- Level: Main
Laundry
- Level: Lower
Living Room
- Level: Main
Property
Accessibility
- Accessibility features: Grab Bars In Bathroom
Details
- Parcel number: 492512519
- Zoning description: Residential-Single Family
- Foundation area: 1414
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Deck,Enclosed,Rear Porch
- Fencing: Chain Link
- Has view: Yes
- View description: North
- On waterfront: Yes
- Waterfront features: Lake Front,Shared
Lot
- Lot size: 0.46 Acres
- Features: Tree Coverage - Light
- Lot size dimensions: 100 x 200
Parking
- Total spaces: 2
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Cold Wave
- Inland Flooding
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Becker County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,204 | $26,448 |
| Home Insurance * | $275 | $3,300 |
| Property Taxes | $61 | $732 |
| Electricity | $213 | $2,564 |
| Total | $2,753 | $33,036 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-17 | Price change | $479,900 |
| 2026-03-27 | Listed for sale | $487,000 |
| 2025-07-27 | Listing removed | $499,900 |
| 2025-04-25 | Listed for sale | $499,900 |
| 2024-09-03 | Sold | $455,000 |
| 2024-08-07 | Pending sale | $489,000 |
| 2024-06-25 | Price change | $489,000 |
| 2024-05-02 | Price change | $499,000 |
| 2024-04-09 | Price change | $510,000 |
| 2024-03-07 | Listed for sale | $529,000 |
| 2005-07-28 | Sold | $214,900 |
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