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263 Lake Ave N, Spicer, MN, 56288

5beds
4baths
5,978sqft
$1,999,900
$335price/sqft
$13,353/moest. monthly cost
$534,120/yrincome needed

About This Home

Spectacular custom-built home on 100 feet of private Green Lake shoreline! Offering nearly 6,000 square feet of thoughtfully designed living space, this stunning 5-bedroom, 4-bathroom home is packed with exceptional features, making it perfect for a family retreat or year-round luxury living. Step inside and be greeted by soaring 19-foot windows showcasing breathtaking lake views. The open-concept main level features a two-story great room with a striking dry-stacked natural stone gas fireplace, formal dining space with cove lighting, and a light-filled sunroom connecting indoor and outdoor living. The chef’s kitchen boasts an oversized island, updated granite and Cambria countertops, double ovens, two refrigerators, and custom cherry cabinetry with hidden electric outlets and accent lighting. A spacious walk-in pantry and breakfast nook complete this entertainer’s dream. The main-level primary suite is a private oasis with serene lake views and is prepped for a future private balcony or deck. The luxurious ensuite features heated marble floors, a glass-block double shower, Jacuzzi tub, and a custom makeup vanity. The large walk-in closet is adorned with a chandelier and offers ample storage. Upstairs, you’ll find three generously sized bedrooms, each with custom closet systems, and a full bathroom with in-floor heating and multiple vanities—perfect for busy mornings. A spacious bonus room over the garage provides endless possibilities, whether it’s a guest retreat, home office, fitness space, or playroom. The newly finished lower level is an entertainer’s paradise, featuring a full-service walk-up wet bar with a dual tap kegerator, wine storage, beverage fridges, and a commercial ice maker. A pool table, gaming area, and comfortable television lounge with surround sound and double fireplaces make it the ultimate gathering space. The spa-inspired bath with a walk-in shower and LED-lit mirror adds a touch of luxury. For the outdoor enthusiast, the lower level provides access to a dedicated workshop, complete with a game-cleaning station, built-in gun safe, and custom barn door storage. Step outside to your lakeside retreat! A beautifully designed outdoor kitchen features built-in gas and smoker grills, a granite bar with LED lighting, and a beverage refrigerator, all overlooking a spacious limestone patio with integrated lighting. Enjoy evenings by the custom-built flagstone fire pit or relax on the 160-square-foot deck nestled into the lakeside. Floating limestone stairs, underlit for a magical ambiance, lead to the water’s edge. Additional highlights include professional landscaping with boulder retaining walls, an in-ground irrigation system, an invisible fence, and a wired outdoor speaker system extending from the patio to the shoreline. The heated tuck-under garage, with its spancrete design, offers multi-vehicle parking and ample lake toy storage. Located just minutes from New London-Spicer Schools, Spicer parks, Salisbury Beach, the Glacial Lakes Trails system and with easy access to Highway 23, the location cannot be beat! Golfer’s can take advantage of the premier Little Crow Golf Resort just 3 minutes down the road and members and guests of the new Tepetonka golf club will find the home a short 9-minute drive away. This exceptional Green Lake home is truly one-of-a-kind. Welcome to lakeside luxury!

Getting Around

22
WalkingCar-Dependent
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

9/10
9/10
New London-Spicer Sr.Grades 9-123.7 mi

Construction

Condition

  • Year built: 2008

Materials

  • Roof: Age Over 8 Years

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Air-To-Air Exchanger,Central Vacuum,Cooktop,Dishwasher,Disposal,Double Oven,Dryer,Microwave,Refrigerator,Stainless Steel Appliance(s),Wall Oven,Washer
  • Laundry features: Laundry Room,Main Level

Basement

  • Has basement: Yes
  • Basement: Finished,Sump Pump,Walk-Out Access

Bedroom

  • Level: Main
  • Area: 210
  • Dimensions: 15 X 14

Bedroom2

  • Level: Upper
  • Area: 132
  • Dimensions: 12 X 11

Bedroom3

  • Level: Upper
  • Area: 140
  • Dimensions: 14 X 10

Bedroom4

  • Level: Upper
  • Area: 143
  • Dimensions: 13 X 11

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 2
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1

Bonus Room

  • Level: Upper
  • Area: 351
  • Dimensions: 27 X 13

Dining Room

  • Level: Main
  • Area: 176
  • Dimensions: 16 X 11

Family Room

  • Level: Lower
  • Area: 208
  • Dimensions: 16 X 13

Features

  • Central Vacuum
  • Number of fireplaces: 3
  • Fireplace features: Gas
  • Finished area below ground: 2,159
  • Finished area above ground: 3,719

Heating & Cooling

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

Informal Dining Room

  • Level: Main
  • Area: 88
  • Dimensions: 11 X 8

Interior Area

  • Total structure area: 5,978
  • Total interior livable area: 5,978 sqft

Kitchen

  • Level: Main
  • Area: 216
  • Dimensions: 18 X 12

Laundry

  • Level: Main
  • Area: 63
  • Dimensions: 9 X 7

Living Room

  • Level: Main
  • Area: 340
  • Dimensions: 20 X 17

Other

  • Level: Lower
  • Area: 462
  • Dimensions: 33 X 14

Recreation Room

  • Level: Lower
  • Area: 352
  • Dimensions: 22 X 16

Sun Room

  • Level: Main
  • Area: 121
  • Dimensions: 11 X 11

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 854000280
  • Zoning description: Shoreline,Residential-Single Family
  • Foundation area: 2259

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Patio
  • Has view: Yes
  • View description: East,Lake,Panoramic
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake Front,Lake View,Waterfront Elevation(4-10),Lake Bottom(Gravel,Sand)
  • Frontage length: Water Frontage: 100

Lot

  • Lot size: 0.45 Acres
  • Features: Accessible Shoreline,Tree Coverage - Medium
  • Lot size dimensions: 100 x 199 x 100 x 196

Parking

  • Total spaces: 5
  • Parking features: Attached,Concrete,Garage Door Opener,Heated Garage,Insulated Garage,Multiple Garages,Storage,Tuckunder Garage
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 5
  • 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

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Winter Weather
Hail
Ice Storm
Lightning
Tornado

FEMA Declared Disasters in Kandiyohi 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 $10,112$121,344
Home Insurance *$973$11,676
Property Taxes $1,764$21,168
Electricity $504$6,050
Total$13,353$160,236
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$457,817/yr
40% on housing$400,590/yr
45% on housing$356,080/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: 12.4%
12.4%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 5.5%
5.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$335This listing

vs Other Active Listings

Avg $/sqft

ZIP 56288$296
Kandiyohi County$180

vs Homes Sold Last Month

Median $/sqft

ZIP 56288$233
Kandiyohi County$147

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
2026-04-06Price change$2,199,000
2025-11-14Listed for sale$2,350,000
2025-11-14Listing removed$2,450,000
2025-10-03Price change$2,450,000
2025-06-23Price change$2,499,900
2025-04-10Listed for sale$2,750,000
2007-11-02Sold$428,500

For Sale by Agent

AgentEric A Newman
BrokerageColdwell Banker Realty

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