$1,700,000
NEW CONSTRUCTION

8561 Nottingham Rd Nisswa, MN 56468

Estimated payment $9,183/month

Total Views 3,671
5 Beds
3 Baths
3,001 Sq Ft
$566 Price per Sq Ft

Highlights

  • 55 Feet of Waterfront
  • Beach Access
  • Family Room with Fireplace
  • Nisswa Elementary School Rated 9+
  • New Construction
  • No HOA

About This Home

Embrace lake life with this to-be-built, custom designed home nestled on the shores of beautiful Lake Margaret, a highly sought after part of the Gull Lake chain. Boasting 55 feet of pristine lakeshore, this 5-bedroom, 3-bathroom residence offers the perfect blend of luxury, comfort, and up north charm.

Built by a renowned Lake Minnetonka area builder known for superior craftmanship and high- end finishes, this 3,000 sq. ft masterpiece will be tailored for effortless entertaining and year-round living.

Listing Agent

Jocelyn Teiken

Counselor Realty Brainerd Lakes Listed on: 07/25/2025

Co-Listing Agent

Chad Piepho

Counselor Realty Brainerd Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,456

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 50x443x55x460
  • 55 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Walk-In Pantry
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Outdoor Features

  • Beach Access
  • Porch

Farming

  • Sod Farm

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source

Community Details

  • No Home Owners Association
  • Tingdale Bros Sherwood Forest On Gull Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 904371650

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,456

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Private
  • Year Built: 2025
  • Above Grade Finished Sq Ft: 1774
  • Water Body Name: Margaret Lake (Lake Shore City)
  • Unit Levels: One
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 40x40
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Concrete, Storage Space, Walkout
  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Fireplace Features: Family Room, Gas, Living Room
  • Living Area: 3001
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1227
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Dining Room, Bedroom 1, Bathroom, Walk In Closet, Laundry, Pantry (Walk-In), Mud Room, Foyer, Bedroom 2, Porch, Family Room, Bedroom 3, Bedroom 4, Bedroom 5

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • View: Lake, West
  • PatioPorchType: Covered,Front Porch
  • Lake Acres: 247
  • Lake Bottom: Sand
  • LakeChain: Y
  • Elevation Highpoint to Waterfront Feet: 10-15
  • Waterfront Frontage: 55
  • Lake Chain Acreage: 13497
  • Lake Chain Name: Gull

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 522
  • ParkingOpen: 0

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Porch,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 50x443x55x460
  • Lot Size Sq Ft: 26136
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Sod Included in Price, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Engineered Wood

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 904371650
  • Tax Annual Amount: 2456
  • TaxWithAssessments: 2522.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $2,522 $357,200 $311,500 $45,700
2023 $3,072 $446,900 $401,300 $45,600
2022 $2,196 $446,900 $401,300 $45,600
2021 $1,866 $225,600 $193,700 $31,900
2020 $1,792 $188,100 $159,900 $28,200
2019 $1,602 $164,100 $136,700 $27,400
2018 $1,674 $183,800 $159,000 $24,800
2017 $1,650 $183,800 $159,000 $24,800
2016 $1,648 $0 $0 $0
2015 $1,648 $188,400 $164,600 $23,800
2014 $1,664 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $1,700,000 -90.0% $566 / Sq Ft
07/25/2025 07/25/25 For Sale $17,000,000 -- $5,665 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $620,000 Unique Title
Warranty Deed $216,300 Noble Escrow & Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $496,000 Balloon
Previous Owner $170,400 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: NorthstarMLS

MLS Number: 6761568

NorthstarMLS

APN: 90-437-1650