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. Schedule a Private Showing

Listing courtesy of NORTHSTAR / Michael Finstad / Engel & Volkers Minneapolis Downtown

Last checked: Checking… • Last updated May 3, 2025 • Source: NORTHSTAR

MLS# 6640004 — Report a problem