5491 Lake Sarah Heights Dr Loretto, MN 55357
Estimated payment $4,611/month
Total Views
1,865
4
Beds
3
Baths
2,602
Sq Ft
$279
Price per Sq Ft
Highlights
- 122 Feet of Waterfront
- Family Room with Fireplace
- 3 Car Attached Garage
- Delano Elementary School Rated A
- No HOA
- Wet Bar
About This Home
Exceptional opportunity on Lake Sarah! With 122 feet of gently sloping, south-facing shoreline, this lot offers incredible sun exposure, panoramic lake views, and the perfect setting for your dream home. The current structure—used as a rental for the past 10 years—is in rough condition and likely a remodel or rebuild, making this an ideal canvas for new construction.
Whether you're envisioning a luxurious lakeside retreat or a modern custom build, this rare lot offers unmatched potential on one of the area's most desirable recreational lakes. Bring your builder or contractor and unlock the full value of this prime lakeshore property!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,916
Year Built
- Built in 1971
Lot Details
- 0.5 Acre Lot
- 122 Feet of Waterfront
- Lake Front
Parking
- 3 Car Attached Garage
Home Design
- Bi-Level Home
Interior Spaces
- Wet Bar
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Dining Room
- Finished Basement
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Utilities
- Forced Air Heating and Cooling System
- Well
Community Details
- No Home Owners Association
- Beamish Shores 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 0111824230007
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $7,089 | $602,000 | $346,500 | $255,500 |
| 2022 | $6,927 | $568,000 | $347,000 | $221,000 |
| 2021 | $6,456 | $506,000 | $356,000 | $150,000 |
| 2020 | $5,909 | $466,000 | $321,000 | $145,000 |
| 2019 | $5,832 | $411,000 | $277,000 | $134,000 |
| 2018 | $5,893 | $389,000 | $252,000 | $137,000 |
| 2017 | $5,619 | $357,000 | $228,000 | $129,000 |
| 2016 | $5,437 | $333,000 | $218,000 | $115,000 |
| 2015 | $4,411 | $333,000 | $218,000 | $115,000 |
| 2014 | -- | $309,000 | $208,000 | $101,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/02/2025 08/02/25 | Pending | -- | -- | -- |
| 07/21/2025 07/21/25 | Price Changed | $725,000 | -3.3% | $279 / Sq Ft |
| 07/02/2025 07/02/25 | For Sale | $750,000 | -- | $288 / Sq Ft |
Source: NorthstarMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $470,000 | -- | |
| Warranty Deed | $550,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $371,400 | New Conventional |
Source: Public Records
Similar Homes in Loretto, MN
Source: NorthstarMLS
MLS Number: 6742609
APN: 01-118-24-23-0007
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