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5123 Green Meadow Rd SE, Osakis, MN, 56360

5beds
2baths
2,816sqft
$799,000
$284price/sqft
$5,307/moest. monthly cost
$212,280/yrincome needed

About This Home

Welcome to your lakefront retreat on beautiful Smith Lake, ideally located between Alexandria and Osakis. Set on a stunning, level lot with approximately 150 feet of shoreline, this property offers easy access to the water and the kind of lakeshore that’s increasingly hard to find. This nearly new home has been thoughtfully renovated throughout, showcasing exceptional attention to detail and blending modern comfort with timeless lake charm. The main level features maple hardwood floors, an open and inviting layout, and seamless access to a spacious deck—perfect for taking in panoramic lake views and entertaining guests. The delightful galley kitchen is complete with stainless steel appliances, stone countertops, and custom cabinetry. The walkout lower level expands your living space with a cozy recreation room anchored by a beautiful stone gas fireplace, custom built-in bookshelves, and a stylishly updated spa-like bath. Two additional bedrooms on this level provide flexibility for guests, family, or home office use. The lower-level laundry room is bright and functional, featuring a stackable washer and dryer, utility sink, linen cabinet, and great natural light. Step outside to enjoy the stamped concrete patio and level yard leading to the water’s edge—ideal for yard games, bonfires, or simply relaxing by the lake. In addition to the 3-car garage, the property includes a storage shed and a lakeside shed tucked below the deck, perfect for keeping all your lake essentials organized and protected. Smith Lake is known for its recreational appeal, offering excellent opportunities for boating, fishing, and year-round enjoyment. With 5 bedrooms, 2 baths, and quality updates throughout, this property delivers the perfect combination of space, style, and lakeside living. Need more room to expand? An additional 21-acre parcel at the end of the cul-de-sac is also available—offering a rare opportunity to truly have it all.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

8/10
Osakis Elementary SchoolGrades PK-65.3 mi
9/10
Osakis SecondaryGrades 7-125.3 mi

Construction

Condition

  • Year built: 1994

Materials

  • Roof: Age 8 Years or Less,Asphalt
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Air-To-Air Exchanger,Chandelier,Cooktop,Dishwasher,Dryer,Electric Water Heater,Water Filtration System,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Wall Oven,Washer,Water Softener Owned
  • Laundry features: Electric Dryer Hookup,Lower Level,Laundry Room,Sink,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Daylight,Finished,Full,Storage Space,Sump Basket,Sump Pump,Tile Shower,Walk-Out Access

Bathroom

  • Level: Upper

Bathroom

  • Level: Lower

Bedroom

  • Level: Upper
  • Area: 156
  • Dimensions: 13 x 12

Bedroom2

  • Level: Upper
  • Area: 121
  • Dimensions: 11 x 11

Bedroom3

  • Level: Upper
  • Area: 110
  • Dimensions: 10 x 11

Bedroom4

  • Level: Lower
  • Area: 100
  • Dimensions: 10 x 10

Bedroom5

  • Level: Lower
  • Area: 100
  • Dimensions: 10 x 10

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Deck

  • Level: Upper
  • Area: 432
  • Dimensions: 27 x 16

Dining Room

  • Level: Upper
  • Area: 130
  • Dimensions: 10 x 13

Family Room

  • Level: Lower
  • Area: 420
  • Dimensions: 15 x 28

Features

  • Number of fireplaces: 1
  • Fireplace features: Family Room,Masonry,Gas,Stone
  • Fireplace: Yes
  • Finished area below ground: 1,400
  • Finished area above ground: 1,416

Foyer

  • Level: Main

Garage

  • Level: Main
  • Area: 1300
  • Dimensions: 50 x 26

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,816
  • Total interior livable area: 2,816 sqft

Kitchen

  • Level: Upper
  • Area: 198
  • Dimensions: 11 x 18

Laundry

  • Level: Lower

Living Room

  • Level: Upper
  • Area: 208
  • Dimensions: 13 x 16

Patio

  • Level: Main
  • Area: 1470
  • Dimensions: 70 x 21

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 480069200
  • Zoning description: Shoreline,Residential-Single Family
  • Other equipment: Fuel Tank - Rented
  • Foundation area: 1416

Features

  • Levels: Multi/Split
  • Patio & porch: Composite Decking,Deck,Patio
  • Has view: Yes
  • View description: East,Lake,Panoramic
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Dock,Lake Front,Waterfront Elevation(0-4),Lake Bottom(Gravel,Sand)
  • Frontage length: Water Frontage: 150

Lot

  • Lot size: 1.02 Acres
  • Features: Additional Land Available,Accessible Shoreline,Tree Coverage - Medium
  • Lot size dimensions: 150 x 275 x 146 x 286

Parking

  • Total spaces: 3
  • Parking features: Attached,Concrete,Electric,Garage,Garage Door Opener,Heated Garage,Insulated Garage,Storage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

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 WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Strong Wind
Hail
Inland Flooding
Ice Storm
Lightning
Tornado

FEMA Declared Disasters in Douglas 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 $4,040$48,480
Home Insurance *$492$5,904
Property Taxes $538$6,456
Electricity $237$2,850
Total$5,307$63,684
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$181,954/yr
40% on housing$159,210/yr
45% on housing$141,520/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: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$284This listing

vs Other Active Listings

Avg $/sqft

ZIP 56360$165
Douglas County$184

vs Homes Sold Last Month

Median $/sqft

ZIP 56360
Douglas County$149

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

DateEventPrice
2026-04-23Listed for sale$819,000
2026-01-01Listing removed$825,000
2025-08-25Price change$825,000
2025-07-17Price change$840,000
2025-06-07Listed for sale$850,000
2025-06-06Listing removed$1,250,000
2025-05-06Listed for sale$1,250,000
2025-05-05Listing removed--
2025-02-17Listed for sale$1,200,000
2025-01-30Listing removed--
2024-11-01Listed for sale$1,200,000
2011-03-02Sold$350,000

For Sale by Agent

AgentJulie L Rambow
BrokerageRandy Fischer Real Estate, Inc

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