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4800 39th Ave NE, Alexandria, MN, 56308

1beds
2baths
2,772sqft
$650,000
$234price/sqft
$4,308/moest. monthly cost
$172,320/yrincome needed

About This Home

Welcome to your ultimate 10-acre playground where city-slicker style meets wide-open country freedom! Let me introduce you to the Ponderosa, a dream come true for anyone whose hobbies, toys, and ambitions are simply too big for a standard lot. The location, beautiful setting and acreage is special but wait till you check out the main attraction... the barndominium on steroids! This isn't your ordinary shouse... everything about it is next level! Starting with the constrsuction itself, this building has full concrete footings with a 2X6 built home and a 50-year warrantied steel shingle roof that was just installed in '23! Inside, the main level living space which includes a large bedroom, stunning kitchen that walks out to the patio and bath was completely redone just a few years ago and is oh-so cozy and very timeless. Heading upstairs, your breath may be taken away the moment you see how wonderfully done this space is with the rich hardwood floors, vaulted ceiling and custom gas fireplace. With the bathroom and windows already in place, a few more bedrooms could easily be built while still leaving plenty of room for an awesome hangout area upstairs. Back on the main level, nearly 1,600 square feet of heated shop space gives you the ultimate year-round canvas to park the pontoons, wrench on projects or store your fish houses without ever cluttering a driveway again. For the detail-oriented buyer, you will appreciate the HVAC and electrical systems throughout. The main level is heated by both the boiler in-floor heat plus forced air furnace and cooled with central air. The upper level provides coveted hot water heat from the propane boiler and is cooled with central air. If you aren't sold yet, take a walk around the acreage where you will find a beautiful pond, irrigated gardens, wildlife galore and a strategically designed layout so your new home could fit into the mix perfectly! Whether you are looking to launch a hobby farm, anchor your lake-life adventures, or just claim your own slice of Minnesota privacy, this property is ready for you to bring the blueprints, bring the boats, and live life out loud! Located just minutes from Alex and the East shore of Lake Le Homme Dieu, you can’t ask for a better spot for this one of a kind property that you couldn’t even come close to duplicating for this price!

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

7/10
Carlos Elementary SchoolGrades PK-53.2 mi
6/10
8/10

Construction

Condition

  • Year built: 2002

Materials

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

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dryer,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Washer,Water Softener Owned
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: None

Bathroom

  • Level: Main

Bathroom

  • Level: Upper

Bedroom

  • Level: Main

Bedrooms & Bathrooms

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

Deck

  • Level: Upper

Features

  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,772

Great Room

  • Level: Upper

Heating & Cooling

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

Interior Area

  • Total structure area: 2,772
  • Total interior livable area: 2,772 sqft

Kitchen

  • Level: Main

Other

  • Level: Main

Patio

  • Level: Main

Recreation Room

  • Level: Upper

Walk In Closet

  • Level: Main

Property

Accessibility

  • Accessibility features: Partially Wheelchair

Details

  • Parcel number: 030025400
  • Zoning description: Residential-Single Family
  • Other equipment: Fuel Tank - Owned
  • Wooded area: 87120
  • Foundation area: 2256

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Composite Decking,Deck,Patio

Lot

  • Lot size: 10.01 Acres
  • Features: Tree Coverage - Medium
  • Lot size dimensions: 572 761 572 762

Parking

  • Total spaces: 4
  • Parking features: Attached,Asphalt,Floor Drain,Garage,Garage Door Opener,Heated Garage,Insulated Garage,Tuckunder Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • 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
  • 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 $3,286$39,432
Home Insurance *$382$4,584
Property Taxes $407$4,884
Electricity $233$2,805
Total$4,308$51,696
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$147,702/yr
40% on housing$129,240/yr
45% on housing$114,880/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

$234This listing

vs Other Active Listings

Avg $/sqft

ZIP 56308$178
Douglas County$185

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
2026-07-09Listed for sale$650,000
2020-03-14Listing removed$330,000
2019-09-13Listed for sale$330,000

For Sale by Agent

AgentStuart Wood
BrokerageEdina Realty, Inc.

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