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298 Shorewood Dr, Detroit Lakes, MN, 56501

5beds
4baths
5,446sqft
$4,350,000
$799price/sqft
$29,379/moest. monthly cost
$1,175,160/yrincome needed

About This Home

Located on Detroit Lake’s Shorewood Drive, this 5400+ square foot custom home presents an uncommon 250 feet of level frontage and a stunning natural sand beach. Five+ well-appointed bedrooms comfortably accommodate up to fourteen guests -consisting of four kings, a fabulous bunk bed room & 4 full baths. The lot's size, frontage, and premier location present a marked opportunity in the center of the lakes region. Built and positioned to capture panoramic lake views, this home was intentionally designed with a casual elegance, delivering a rare blend of generous scale, flexibility, and effortless flow that is ideal for both relaxed family life and elevated entertaining. The refined interior consists of dramatic vaulted ceilings, floor-to-ceiling windows and multiple fireplaces, including a massive stone wood burning fireplace that extends the height of vaulted ceiling and serves as the heart of the home infusing warmth and sophistication. Elegant kitchen flows seamlessly into the dining area creating an open-concept design that overlooks the out door patio. The main floor den boasts custom shiplap and natural light, while designated office space and laundry area provide functionality for main level living.  Main floor primary ensuite feels walks out lakeside private patio. Upper level cat walk sets a deliberate fun pace taking in the great room and lake views then extends to the large family room, extra bedrooms and exec office. Spacious upper level family rooms has a vaulted ceiling and wet bar and walks out to lake side deck. Upper level office sits centrally in the home and also walks out to the deck. Outdoor space delivers a resort feel with a sprawling manicured lawn, quarried Montana boulders defining the landscape and ideal gathering spaces, custom fire bowl for patio gathering, paver fire pit w/ Adirondacks near the lake and massive walk-in sand beach -all lending an exceptional sense of privacy.  An attached oversized three-car garage provides ample storage space. The home exudes warmth, intimacy and offers incredible sunsets, the charm of city lights and is just minutes away from the amenities of a quaint lake town. This is notable real estate on the lake with a residence that sets a standard for refined lake living. See supplement for property details.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

6/10
Rossman Elementary SchoolGrades PK-51.3 mi
5/10

Construction

Condition

  • Year built: 2015

Materials

  • Roof: Asphalt
  • Construction materials: Concrete

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Range
  • Laundry features: Main Level

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Number of fireplaces: 3
  • Fireplace features: Brick,Gas,Living Room,Primary Bedroom,Stone,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 5,446

Heating & Cooling

  • Heating features: Forced Air,In-Floor Heating
  • Cooling features: Central Air

Interior Area

  • Total structure area: 5,412
  • Total interior livable area: 5,446 sqft

Property

Accessibility

  • Accessibility features: Partially Wheelchair

Details

  • Parcel number: 492524222
  • Zoning description: Residential-Single Family
  • Foundation area: 3149

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Composite Decking,Covered,Front Porch
  • Has view: Yes
  • View description: Lake,North,West
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake Front,Lake Bottom(Hard,Sand)
  • Frontage length: Water Frontage: 250

Lot

  • Lot size: 0.59 Acres
  • Features: Accessible Shoreline,Irregular Lot,Tree Coverage - Light
  • Lot size dimensions: 250 x irr.

Parking

  • Total spaces: 3
  • Parking features: Attached,Concrete
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
    Winter WeatherVery High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Inland Flooding
Strong Wind
Tornado

FEMA Declared Disasters in Becker County and Minnesota

Flood
Severe Storm
Straight Line Winds

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

MonthlyAnnual
Mortgage $21,995$263,940
Home Insurance *$2,746$32,952
Property Taxes $4,179$50,148
Electricity $459$5,511
Total$29,379$352,548
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,007,280/yr
40% on housing$881,370/yr
45% on housing$783,440/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

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.

Insurance Growth Rate5-year average: 11.5%
11.5%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$799This listing

vs Other Active Listings

Avg $/sqft

ZIP 56501$219
Becker County$241

vs Homes Sold Last Month

Median $/sqft

ZIP 56501
Becker County$169

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)

No zestimate history available

Price History

DateEventPrice
2026-08-11Pending sale$4,350,000
2026-05-30Listed for sale$4,350,000
2013-09-20Sold$420,000
2013-01-27Listed for sale$449,000
2012-12-17Listing removed$449,900
2012-08-20Listed for sale$449,900
2012-04-16Listing removed$499,000
2011-06-13Listed for sale$499,000

For Sale by Agent

AgentMonica Kaiser
BrokerageCounselor Realty Detroit Lakes

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