$500,000
PENDING

9104 Rachel Shores SW Farwell, MN 56327

Estimated payment $2,891/month

Total Views 16,934
4 Beds
3 Baths
1,588 Sq Ft
$315 Price per Sq Ft

Highlights

  • 354 Feet of Waterfront
  • Lake View
  • No HOA
  • Lincoln Elementary School Rated A-
  • Vaulted Ceiling
  • 2 Car Attached Garage

About This Home

Discover an extraordinary opportunity nestled on 6.2 pristine wooded acres with dual water frontage on Lake Rachel and a private pond. This partially completed home presents a rare chance to customize your dream lakeside sanctuary or realize the property's tremendous development potential, all while enjoying convenient proximity to the amenities and attractions of nearby Alexandria.

The 6.2 private acres feature mature woodland, dual water frontage on Lake Rachel and a private pond, with significant subdivision potential for multiple homesites. This end-of-road location ensures maximum privacy and serenity, complete with established well and septic system. Multi-tiered walkways and decks lead gracefully to the lakefront where a dock and boat lift are already installed.

The contemporary two-story home under construction is approximately 70% complete, featuring a dramatic vaulted great room that creates an impressive focal point. Premium exterior finishes include a new steel roof and cement fiberboard siding built for durability and low maintenance. The energy-efficient in-floor heating system with electric boiler promises year-round comfort, while the oversized two-car garage with individual stalls provides ample space for vehicles and storage. The current state of completion offers a unique opportunity to customize interior finishes to your exact preferences.

This exceptional property offers multiple pathways to realize value. You could bring your vision to complete this thoughtfully designed lakefront residence, taking advantage of the approximately 70% of construction already completed. The major investments in infrastructure and structural elements are in place, allowing you to focus on personalizing interior spaces and finishes to create your ideal lake retreat. Alternatively, the generous 6.2-acre parcel presents significant subdivision potential, subject to local regulations. Create a private retreat, lucrative Airbnb rental, or explore opportunities for multiple homesites in this coveted lakefront location.

Situated at the end of a private road, this secluded property offers the perfect balance of accessibility and privacy. While immersed in the tranquility of your own wooded sanctuary, you'll appreciate the convenience of being just minutes from Alexandria's shopping, dining, and entertainment options. The property's strategic location gives you easy access to everything you need without sacrificing the peaceful lake country lifestyle you desire.

Don't miss this rare opportunity to secure a substantial lakefront property with exceptional development potential or to complete a custom residence in this pristine natural setting, perfectly positioned for both peaceful seclusion and convenient access to regional amenities.

Listing Agent

Michael J. Finstad

Engel & Volkers Minneapolis Downtown Listed on: 05/01/2025

Engel & Volkers Minneapolis Downtown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,726

Year Built

  • Built in 2003

Lot Details

  • 6.2 Acre Lot
  • Lot Dimensions are 448x74x289x278x69x30x48x107x177x250x384x165x198x15
  • 354 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage

Home Design

  • Pitched Roof
  • Metal Roof

Interior Spaces

  • 1,588 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Lake Views
  • Basement
  • Drain

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Boiler Heating System
  • 200+ Amp Service
  • Private Water Source
  • Well

Community Details

  • No Home Owners Association
  • Plat Of The Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 180476000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,726

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Private, Well
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 1588
  • Water Body Name: Rachel
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Second Unit: Easily Divided
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, 8 ft+ Pour
  • Living Area: 1588
  • Fireplace: No
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Metal, Pitched
  • Fencing: None
  • View: East, Lake, Panoramic, South
  • Lake Acres: 448
  • LakeChain: N
  • Waterfront Frontage: 354

Garage/Parking

  • Parking Features: Attached Garage, Gravel
  • Garage Square Feet: 544

Utilities

  • Heating: Boiler, Radiant Floor
  • Sewer: Private Sewer, Tank with Drainage Field
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Alexandria
  • SchoolDistrictNumber: 206
  • SchoolDistrictPhone: 320-762-2141

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 448x74x289x278x69x30x48x107x177x250x384x165x198x15
  • Lot Size Sq Ft: 270072
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 180476000
  • Tax Annual Amount: 2726
  • TaxWithAssessments: 2726.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View, Other

Map

Range of Values:

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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
2025 $2,668 $388,900 $160,800 $228,100
2024 $2,668 $370,700 $154,600 $216,100
2023 $2,726 $355,800 $151,500 $204,300
2022 $2,506 $294,300 $106,500 $187,800
2021 $2,498 $271,900 $105,900 $166,000
2020 $3,130 $259,000 $105,900 $153,100
2019 $3,138 $311,500 $104,600 $206,900
2018 $2,972 $304,800 $104,600 $200,200
2015 $3,266 $0 $0 $0
2014 -- $306,000 $122,000 $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 Pending -- -- --
07/29/2025 07/29/25 Price Changed $500,000 -9.1% $315 / Sq Ft
05/01/2025 05/01/25 For Sale $550,000 -- $346 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Deed Of Distribution $500 None Listed On Document
Deed $276,500 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $235,000 Purchase Money Mortgage
Previous Owner $93,161 New Conventional
Previous Owner $150,000 New Conventional
Source: Public Records

Source: NorthstarMLS

MLS Number: 6640004

NorthstarMLS

APN: 18-0476-000