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LOT Norwood Ln #M, Battle Lake, MN, 56515

2beds
2baths
2,132sqft
$619,000
$290price/sqft
$3,881/moest. monthly cost
$155,240/yrincome needed

About This Home

Rare opportunity to own a brand-new year round home/cabin on Otter Tail Lake at a price point that’s nearly impossible to find. Welcome to Meadowmoor—set on the edge of the Norwood development with woods on two sides for added privacy and a spacious, serene feel. Includes turn key home, lot, and one boat slip, plus access to 350+ ft of flat sandy shoreline, clear water, trails, pickleball court, playground, and golf cart-friendly paths. Move-in ready August 7! Low-maintenance living with lawn care and snow removal handled. Phase 1 includes completed home with parking pad. Optional Phase 2 - Add $65k includes attached 2-stall garage, breezeway, and asphalt driveway (can be added before or after closing). Turnkey lake living—nothing else like this at this price on Otter Tail Lake.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

9/10
7/10
Battle Lake SecondaryGrades 7-125.3 mi

Construction

Condition

  • Year built: 2026

Materials

  • Roof: Asphalt
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Laundry features: Laundry Room

Basement

  • Basement: None

Bedrooms & Bathrooms

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

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,132

Heating & Cooling

  • Heating features: Forced Air,In-Floor Heating
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,132
  • Total interior livable area: 2,132 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 25000991274000
  • Zoning description: Residential-Single Family
  • Foundation area: 1232

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Covered
  • On waterfront: Yes
  • Waterfront features: Lake Front
  • Frontage length: Water Frontage: 350

Lot

  • Lot size: 0.42 Acres
  • Lot size dimensions: 100' x 185'

Parking

  • Parking features: Open
  • 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

  • Inland Flooding
    Inland FloodingVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Cold Wave
Strong Wind
Tornado
Hail
Lightning
Wildfire

FEMA Declared Disasters in Otter Tail 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 $3,130$37,560
Home Insurance *$196$2,352
Property Taxes $376$4,512
Electricity $179$2,157
Total$3,881$46,572
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$133,062/yr
40% on housing$116,430/yr
45% on housing$103,493/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: 12.3%
12.3%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$290This listing

vs Other Active Listings

Avg $/sqft

ZIP 56515$219
Otter Tail County$189

vs Homes Sold Last Month

Median $/sqft

ZIP 56515$312
Otter Tail County$152

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)

No zestimate history available

Price History

DateEventPrice
2026-03-21Listed for sale$619,000
2026-02-01Listing removed$190,000
2025-06-27Price change$190,000
2025-01-17Listed for sale$199,000
2024-08-30Listing removed$199,000
2024-08-02Price change$199,000
2024-02-16Listed for sale$200,000

For Sale by Agent

AgentNicholas Dockter
BrokerageReal Estate Results

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