Date
Details
Price
Change
Source
8/26/2026
Listed
$624,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$624,900 Just Listed
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Property Description
Lake Lougee living with 155 feet of shoreline, sandy beach and spectacular western sunsets. This inviting 4-bedroom, 3-bath lake home offers plenty of space to gather, relax and enjoy the views, with a comfortable floor plan and multiple levels of living space. The main living area opens to a deck overlooking the lake, perfect for morning coffee or sunset gatherings. A spacious family room, multiple bedrooms and baths, and an 11x24 storage shed provide flexibility for weekend getaways or extended stays. Enjoy the level lakeside yard, sandy shoreline and expansive frontage-ideal for swimming, boating and making the most of summer on the water. Offered turnkey with furnishings and dock included. Recent updates include a new HVAC system, new gas furnace and two new mini-splits. Currently operated as an Airbnb, offering the opportunity for rental income while serving as a private lake retreat.
Full Property Details
Full Property Details for 27123 Shelstad Ln
General
- Price: $624,900
- Taxes: $2,540 (2026)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7130917
- Updated: Today (8/26/2026)
- Added to Site: Today
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Gas, Stone
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
- 1/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Dining Room: Informal Dining Room
- Formal Dining Room: Informal Dining Room
Additional Information
- Amenities: Ceiling Fan(s), Deck, Dock, Kitchen Window
Exterior
- Porch/Patio/Deck: Deck
Parking
- Parking Features: Gravel
Location
- County: Crow Wing
- Township: Merrifield
- Driving Directions: Cty Rd 3 to left on Pelican Beach Rd to left on Shelstad Lane, Home on the right. See sign.
School Information
- School District: 182 - Crosby-Ironton
- High School District: Crosby-Ironton
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air, Ductless Mini-Split, Heat Pump
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Private Sewer, Septic System Compliant - Yes
- Water: Private, Well
Structural Information
- Basement: Yes
- Finished basement: Yes
- Basement Desc.: Block, Drain Tiles, Finished
- Foundation Size: 448
- Disability Access: None
- Square Feet: 2,301
- Above Ground: 1,853 Sq. Ft.
- Below Ground: 926 Sq. Ft.
- Finished Down/Base.: 2,779 Sq. Ft.
- Year Built: 1975
Additional Structures
- Other Structures: Storage Shed
Lot Features
- Lot Size (Acres): 0.81
- Lot Dimensions: 154 x 220 x 150 x 264
- Frontage: Private Road
- Zoning: Residential-Single Family
Water Features
- Water Front Desc.: Lakefront
- Water Front Feet: 155
- Water Front Elev.: 0-4
- Lake Front: Yes
- Lake Bottom: Sand
Financial Considerations
- Tax Amount: $2,540
- Tax Year: 2026
- Terms: Conventional, VA, FHA, Cash, Rural Development, USDA
Disclosures and Reports
- Legal Description: N 150 FT OF S 750 FT OF GOV LOT 8 SUBJ TO ROAD EASEMENT
- Property ID: 820364408D00009
Listed by LPT Realty, LLC.
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Listing agent
— 27123 Shelstad Ln —
LPT Realty, LLC.
NMLS#: 1598647
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Schools
Schools serving 27123 Shelstad Ln
School District:Crosby-Ironton Public School District
| Name | Grades | Distance |
|---|---|---|
Cuyuna Range Elementary School 509 6th Avenue Northeast, Crosby, MN 56441 | PK-6 | 10.4 mi |
Crosby-Ironton Secondary 711 Poplar Street, Crosby, MN 56441 | 7-12 | 9.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 27123 Shelstad Ln
Tax History
Tax History for 27123 Shelstad Ln
Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,540
—
$477,500
5%
2026
$2,540
73%
$454,600
13%
2024
$1,472
-1%
$400,900
36%
2023
$1,484
—
$295,000
4%
2023
$1,484
13%
$284,200
16%
2021
$1,312
-17%
$244,000
16%
2020
$1,588
—
$209,800
16%
2020
$1,588
2%
$181,000
-14%
2019
$1,562
5%
$209,800
7%
2018
$1,492
3%
$195,900
2%
2017
$1,454
—
$192,500
1%
2016
$1,460
5%
$191,000
7%
2015
$1,386
-3%
$179,200
-2%
2014
$1,434
-11%
$183,600
-13%
2013
$1,619
—
$211,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 27123 Shelstad Ln
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27123 Shelstad Lane, Merrifield, MN 56465 (MLS# 7130917) is a Single Family property with 4 bedrooms, 1 full bathroom and 2 partial bathrooms. 27123 Shelstad Lane is currently listed for $624,900 and was received on August 26, 2026. Want to learn more about 27123 Shelstad Lane? Do you have questions about finding other Single Family real estate for sale in Merrifield? You can browse all Merrifield real estate or contact a Coldwell Banker agent to request more information.