$985,000
SOLD AUG 8, 2025

5539 Nashway Rd Nisswa, MN 56468

2 Beds
1 Bath
1,584 Sq Ft
1.09 Acres

Recently Sold

$622 Per Sq Ft

2% Below List Price

10 Days on Market

Highlights

  • 108 Feet of Waterfront
  • Newly Remodeled
  • No HOA
  • Nisswa Elementary School Rated 9+
  • 2 Fireplaces

About This Home

As of August 2025

A rare opportunity awaits on the pristine, level shores of Round Lake in Nisswa, Minnesota. Unlike most properties on the lake, this 108-foot lot sits near one of Round Lake’s few natural drop-offs, offering quick access to deeper water — no long dock required. The sandy shoreline is exceptionally level and perfect for lakeside living, swimming, or launching your boat just steps from your door.

Set on 1.09 acres with breathtaking south-facing views, this lot is part of the storied Gull Lake Chain and offers stunning sunrises and sunsets. The elevation is ideal for a custom-built retreat, or you can choose to remodel the existing mid-century modern cabin already on site. Whether you envision a peaceful getaway or a year-round lake home, this property provides both tranquility and adventure.

With recently improved access via Nashway Road and just minutes from downtown Nisswa’s shops and dining, the location couldn’t be more convenient. The seller has been verbally informed that a new build could match the neighboring setbacks, offering added design flexibility.

Last Agent to Sell the Property

Brandon Hedlund

Real Broker, LLC Listed on: 06/27/2025

Last Buyer's Agent

Brandon Hedlund

Real Broker, LLC Listed on: 06/27/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,806

Year Built

  • Built in 1990 | Newly Remodeled

Lot Details

  • 1.09 Acre Lot
  • Lot Dimensions are 440x106
  • 108 Feet of Waterfront
  • Lake Front

Parking

  • 3 Car Garage

Home Design

  • Bi-Level Home
  • Metal Roof

Interior Spaces

  • 2 Fireplaces
  • Stone Fireplace
  • Unfinished Basement

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Private Water Source
  • Drilled Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 28250597

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,806

Year Built

Built in 1990 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Drilled, Private
  • Year Built: 1990
  • Above Grade Finished Sq Ft: 1056
  • Water Body Name: Round Lake (18037300)
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 32x33
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Appliances: Dryer, Fuel Tank - Owned, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Stone
  • Living Area: 1584
  • Below Grade Finished Sq Ft: 528
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Metal
  • View: Lake
  • Other Structures: Additional Garage
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Covered,Enclosed,Side Porch
  • Lake Acres: 1650
  • Lake Bottom: Hard,Sand
  • LakeChain: Y
  • Waterfront Frontage: 108
  • Lake Chain Acreage: 13497
  • Lake Chain Name: Gull

Garage/Parking

  • Parking Features: Detached, Gravel
  • Garage Square Feet: 816

Utilities

  • Heating: Fireplace(s)
  • Sewer: Private Sewer
  • Fuel: Natural Gas,Propane

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Brainerd
  • SchoolDistrictNumber: 181
  • SchoolDistrictPhone: 218-454-6900

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 440x106
  • Lot Size Sq Ft: 47480.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 28250597
  • Tax Annual Amount: 6806
  • TaxWithAssessments: 6806.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2018
Sold by
Svendsen Joann E
Bought by
Svendsen John
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $438,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Sold $985,000 -1.5% $622 / Sq Ft
07/07/2025 07/07/25 Pending -- -- --
06/27/2025 06/27/25 For Sale $1,000,000 -- $631 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

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
2025 $7,346 $996,700 $812,300 $184,400
2024 $7,346 $864,700 $695,500 $169,200
2023 $5,824 $833,700 $651,300 $182,400
2022 $5,382 $685,600 $500,600 $185,000
2021 $4,974 $521,700 $404,200 $117,500
2020 $4,991 $466,300 $357,100 $109,200
2019 $4,908 $446,600 $341,000 $105,600
2018 $4,568 $432,500 $341,000 $91,500
2017 $4,424 $431,500 $341,000 $90,500
2016 $4,564 $425,000 $344,500 $80,500
2015 $4,644 $422,900 $344,500 $78,400
2014 $2,132 $402,000 $322,700 $79,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6746300

NorthstarMLS

APN: 280253303B00009