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18950 243rd Ave NW, Big Lake, MN, 55309

2beds
1baths
2,432sqft
$545,000
$224price/sqft
$3,744/moest. monthly cost
$149,760/yrincome needed

About This Home

Need space to build, store, and create? This 2BR/1BA home on 5.6 acres is set up for hobbyists, contractors, or anyone who needs serious workspace. The heated oversized garage is ready to go with a 10-ft door, air lines, and welding hookups, plus a loft and additional storage. A separate 30x40 pole barn with wood stove gives you even more room for projects, equipment, or a home-based business. Inside offers easy one-level living with recent updates furnace, A/C, water heater, well (2023) and dishwasher (2024). Outside you’ll enjoy a maintenance-free exterior, compliant septic, and peaceful rural setting just minutes from Eagle Lake access. Motivated sellers!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

--
Liberty Elementary SchoolGrades PK-25.1 mi
5/10
Big Lake Middle SchoolGrades 6-85.3 mi
9/10

Construction

Condition

  • Year built: 1990

Materials

  • Roof: Age Over 8 Years,Metal

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Exhaust Fan,Microwave,Range,Refrigerator,Washer,Water Softener Owned
  • Laundry features: Main Level

Basement

  • Basement: None

Bedroom

  • Level: Main
  • Area: 143
  • Dimensions: 13x11

Bedroom2

  • Level: Main
  • Area: 154
  • Dimensions: 14x11

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: Main
  • Area: 135
  • Dimensions: 15x9

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,432

Heating & Cooling

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

Interior Area

  • Total structure area: 2,432
  • Total interior livable area: 2,432 sqft

Kitchen

  • Level: Main
  • Area: 80
  • Dimensions: 10x8

Laundry

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

Living Room

  • Level: Main
  • Area: 144
  • Dimensions: 16x9

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 35000302101
  • Zoning description: Residential-Single Family
  • Foundation area: 2432

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Fencing: None

Lot

  • Lot size: 5.60 Acres
  • Features: Tree Coverage - Heavy
  • Lot size dimensions: 485 x 503

Parking

  • Total spaces: 6
  • Parking features: Attached,Gravel,Concrete,Electric,Floor Drain,Garage,Garage Door Opener,Heated Garage,Other,RV Access/Parking
  • Has garage: Yes
  • Attached garage spaces: 6
  • Covered spaces: 6
  • 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

  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Strong Wind
Tornado

FEMA Declared Disasters in Sherburne 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 $2,755$33,060
Home Insurance *$364$4,368
Property Taxes $420$5,040
Electricity $205$2,461
Total$3,744$44,928
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$128,365/yr
40% on housing$112,320/yr
45% on housing$99,840/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: 11.6%
11.6%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 4.3%
4.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$224This listing

vs Other Active Listings

Avg $/sqft

ZIP 55309$166
Sherburne County$176

vs Homes Sold Last Month

Median $/sqft

ZIP 55309$181
Sherburne County$175

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
2026-05-06Price change$550,000
2026-03-25Price change$569,000
2026-02-06Price change$579,000
2026-01-08Price change$589,000
2025-11-18Listed for sale$599,000
2025-11-17Listing removed$610,000
2025-10-14Price change$610,000
2025-08-23Listed for sale$625,000
2021-09-13Sold$290,000

For Sale by Agent

AgentMridula C. Langlie
BrokerageColdwell Banker Realty

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