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3874 Airway Ln NE, Alexandria, MN, 56308

5beds
4baths
4,181sqft
$529,900
$127price/sqft
$3,718/moest. monthly cost
$148,720/yrincome needed

About This Home

Stunning Country Rambler on 17.70 Acres – Space, Comfort, and Convenience Just Minutes from Town! Experience the perfect balance of peaceful country living and easy access to everyday amenities with this beautiful 5-bedroom rambler set on 17.70 scenic acres. Located just 5 miles from town and minutes from Lake Life, this property offers privacy, space, and versatility without sacrificing convenience. Inside, you’ll find nearly 4,000 finished square feet of thoughtfully designed living space freshly updated with paint, flooring, new furnace in 2024, whole house water filtration, fiber optic, featuring an open-concept layout ideal for both everyday living and entertaining. The spacious main level flows seamlessly, with generous living areas, abundant natural light, and room to gather. The home features five well-sized bedrooms, including two primary bedrooms—one on each level—offering flexibility and convenience for a variety of living arrangements. The main level is handicap accessible with ramps, wide doorways, and zero clearance walk in shower. The lower level expands your living space even further with a large recreation room and a dedicated media room, perfect for entertaining or relaxing. The large decks and massive yard spaces are perfect for your private retreat or hosting gatherings. For those who need extra storage or workspace, this property truly delivers. In addition to the attached 3-car garage, you’ll find a large 14x25 heated and insulated detached garage complete with a lean-to, plus an additional outbuilding that offers excellent flexibility for equipment storage, projects, or hobby farm use. The expansive acreage provides endless opportunities—whether you’re looking to enjoy wide-open green space, create recreational trails, or explore small-scale agricultural uses. The expansive acreage provides a mix of usable land and preserved natural space. Approximately 12 acres are enrolled in a conservation easement, helping maintain the property’s natural beauty and open character while still offering space for a variety of outdoor uses. This property offers a rare combination of space, functionality, and proximity—making it a standout opportunity for those seeking room to live, work, and enjoy the outdoors. Don't let this amazing property pass you by!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

7/10
Carlos Elementary SchoolGrades PK-53.1 mi
6/10
8/10

Construction

Condition

  • Year built: 1997

Materials

  • Roof: Age 8 Years or Less

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Water Filtration System,Water Softener Owned

Basement

  • Has basement: Yes
  • Basement: Concrete

Bedroom

  • Level: Main
  • Area: 224
  • Dimensions: 14x16

Bedroom2

  • Level: Main
  • Area: 182
  • Dimensions: 14x13

Bedroom3

  • Level: Main
  • Area: 143
  • Dimensions: 11x13

Bedroom4

  • Level: Lower
  • Area: 378
  • Dimensions: 21x18

Bedroom5

  • Level: Lower
  • Area: 168
  • Dimensions: 12x14

Bedrooms & Bathrooms

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

Den

  • Level: Main
  • Area: 192
  • Dimensions: 12x16

Dining Room

  • Level: Main
  • Area: 132
  • Dimensions: 12x11

Features

  • Finished area below ground: 1,698
  • Finished area above ground: 2,283

Foyer

  • Level: Main
  • Area: 96
  • Dimensions: 8x12

Heating & Cooling

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

Interior Area

  • Total structure area: 4,181
  • Total interior livable area: 4,181 sqft

Kitchen

  • Level: Main
  • Area: 266
  • Dimensions: 14x19

Laundry

  • Level: Main
  • Area: 48
  • Dimensions: 8x6

Living Room

  • Level: Main
  • Area: 336
  • Dimensions: 21x16

Media Room

  • Level: Lower
  • Area: 210
  • Dimensions: 15x14

Primary Bathroom

  • Level: Lower
  • Area: 132
  • Dimensions: 12x11

Recreation Room

  • Level: Lower
  • Area: 462
  • Dimensions: 33x14

Property

Accessibility

  • Accessibility features: Doors 36"+,Customized Wheelchair Accessible,Hallways 42"+,Accessible Approach with Ramp,Roll-In Shower,Soaking Tub

Details

  • Parcel number: 030014000
  • Zoning description: Residential-Single Family
  • Foundation area: 1898

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 17.70 Acres
  • Lot size dimensions: 500 x 1499 x 500 x 1506

Parking

  • Total spaces: 3
  • Parking features: Attached,Detached Garage,Asphalt
  • 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 WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Strong Wind
Tornado
Hail
Inland Flooding
Lightning

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 $2,679$32,148
Home Insurance *$311$3,732
Property Taxes $376$4,512
Electricity $352$4,231
Total$3,718$44,616
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$127,474/yr
40% on housing$111,540/yr
45% on housing$99,146/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

$127This listing

vs Other Active Listings

Avg $/sqft

ZIP 56308$180
Douglas County$186

vs Homes Sold Last Month

Median $/sqft

ZIP 56308$167
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
2026-05-08Price change$649,000
2026-04-14Listed for sale$659,000
2018-04-30Sold$336,000
2018-03-27Listed for sale$329,900
2007-12-28Sold$300,000

For Sale by Agent

AgentJodi Rehovsky
BrokerageCentury 21 First Realty, Inc.

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