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118 Willow Point Dr, Elysian, MN, 56028

5beds
3baths
1,955sqft
$823,500
$421price/sqft
$5,832/moest. monthly cost
$233,280/yrincome needed

About This Home

Welcome to your perfect lakeside retreat on the coveted Lake Francis in Elysian, MN—where space, comfort, and unforgettable views come together. This spacious 5-bedroom, 2.5-bath home is designed for gathering, with most bedrooms large enough to comfortably accommodate both a queen bed and bunk beds—ideal for hosting family and friends. With room to sleep up to 16, there’s space for everyone to relax and enjoy. The walkout basement opens to a patio just steps from the water, making indoor-outdoor living effortless. Imagine sipping your favorite drink on the patio while taking in the breathtaking, expansive sunset views that stretch across the lake—the perfect way to end each day. Enjoy a zero-entry beach with a gentle, sandy shoreline, and shoulder-height water at the end of the dock—perfect for swimming, playing, kayaking and easy lake access. Catch fish after fish right from the end of the dock. Perfect fishing spots for young kids, teens and grandparents alike! Perfect spot to make millions of memories with your kids and grandkids from sunrise to sunset and throw in a bon fire to make it last even longer! A storage garage adds convenience for all your lake toys and gear. Elysian offers a plethora of other things to do. Grab food at one of the restaurants and then hop between the 4 bars. Boat across to the public beach and hit the playground, walk to the ice cream shop and make a quick stop at the liquor store close by. Don't miss out on the 4th of July celebration, weather it's watching fireworks from the boat or the live band from the water only 3 doors down, it's an unbeatable experience. Whether you're looking for a peaceful escape or a place to create lasting memories, this lake home offers it all. Call Amy for more information or to setup showings. 651-491-4302

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

6/10

Construction

Condition

  • Year built: 1964

Materials

  • Roof: Metal
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily

Interior

Basement

  • Basement: Basement (not specified)

Bedrooms & Bathrooms

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

Heating & Cooling

  • Heating features: Forced air,Gas
  • Cooling features: Central

Interior Area

  • Total interior livable area: 1,955 sqft

Property

Details

  • Parcel number: 164150180

Features

  • Exterior features: Other
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes

Lot

  • Lot size: 0.34 Acres

Parking

  • Total spaces: 12
  • Parking features: Garage - Detached,Off-street

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

  • Strong Wind
    Strong WindVery High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Hail
Inland Flooding
Tornado
Cold Wave
Heat Wave
Winter Weather

FEMA Declared Disasters in Le Sueur 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 $4,164$49,968
Home Insurance *$377$4,524
Property Taxes $1,121$13,452
Electricity $170$2,050
Total$5,832$69,984
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$199,954/yr
40% on housing$174,960/yr
45% on housing$155,520/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: 8.3%
8.3%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 4.7%
4.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$421This listing

vs Other Active Listings

Avg $/sqft

ZIP 56028$175
Le Sueur County$152

vs Homes Sold Last Month

Median $/sqft

ZIP 56028$254
Le Sueur County$163

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
2026-05-02Listed for sale$850,000
2025-10-07Listing removed$2,100
2025-09-16Listed for rent$2,100
2024-12-06Listing removed$2,000
2024-12-01Listed for rent$2,000
2009-08-21Sold$365,000

For Sale by Owner

AgentProperty Owner

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